Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2012

Pension and Postemployment Benefit Costs

Pension and postemployment benefit costs for the years ended December 31 were as follows:

	2012					2011					2010
In millions	Pension			Postemployment		Pension			Postemployment		Pension			Postemployment
Service cost	$	9		$	4	$	9		$	4	$	8		$	4
Interest cost		4			1		4			2		4			2
Expected return on plan assets		(3	)		0		(3	)		0		(3	)		0
Settlement charge		1			0		3			0		0			0
Employee contributions		(1	)		0		(1	)		0		(1	)		0
Amortization of actuarial loss		1			0		1			0		1			0
Total costs	$	11		$	5	$	13		$	6	$	9		$	6

Changes in Benefit Obligations, Plan Assets, Funded Status and the Reconciliation of the Fund Status to Amounts Recognized in the Consolidated Balance Sheets and in Accumulated Other Comprehensive Income

The following tables present the changes in benefit obligations, plan assets, funded status and the reconciliation of the funded status to amounts recognized in the consolidated balance sheets and in accumulated other comprehensive income at December 31:

	Pension						Postemployment
In millions	2012			2011			2012			2011
Change in benefit obligation
Benefit obligation at January 1	$	108		$	111		$	33		$	40
Service cost		8			8			4			4
Interest cost		4			4			1			2
Plan participant contributions		1			1			0			0
Actuarial loss (gain)		9			(5	)		(11	)		(8	)
Benefits paid		(7	)		(12	)		(2	)		(6	)
Currency translation adjustments		(1	)		1			0			1
Benefit obligation at December 31		122			108			25			33
Change in plan assets
Fair value of plan assets at January 1		59			59			0			0
Actual return on plan assets		5			(2	)		0			0
Company contributions		12			12			0			0
Benefits paid		(7	)		(12	)		0			0
Currency translation adjustments		(1	)		1			0			0
Plan participant contribution		1			1			0			0
Fair value of plan assets at December 31		69			59			0			0
Funded status (underfunded)	($	53	)	($	49	)	($	25	)	($	33	)
Amounts Recognized in the Balance Sheet
Current liabilities	($	1	)	$	0		($	4	)	($	5	)
Noncurrent liabilities		(52	)		(49	)		(21	)		(28	)
Net amounts recognized	($	53	)	($	49	)	($	25	)	($	33	)
Amounts Recognized in Accumulated Other Comprehensive Income
Net actuarial loss (gain)	$	32		$	28		($	16	)	($	4	)
Prior service credit		(2	)		(3	)		0			0
Total	$	30		$	25		($	16	)	($	4	)

Pre-Tax Net Changes in Projected Benefit Obligations Recognized in Other Comprehensive Income

The following table presents the pre-tax net changes in projected benefit obligations recognized in other comprehensive income during 2012 and 2011:

	Pension						Postemployment
In millions	2012			2011			2012			2011
Actuarial loss (gain) arising during the year	$	7		($	1	)	($	12	)	($	7	)
Amortization of (gain) loss included in net periodic benefit cost		(1	)		(1	)		0			0
Recognition of loss due to settlement		(1	)		(3	)		0			0
Foreign currency exchange		0			1			0			0
Total recognized in other comprehensive expense (income)	$	5		($	4	)	($	12	)	($	7	)

Amounts in Accumulated Other Comprehensive Income Expected to be Recognized as Components of Net Periodic Benefit Cost

The following table presents the amounts in accumulated other comprehensive income expected to be recognized as components of net periodic benefit cost during 2013:

In millions	Pension		Postemployment
Net loss (gain) to be recognized in other comprehensive loss (income)	$	2	($	2	)

Weighted-Average Rates and Assumptions Used to Determine Benefit Obligations and Net Periodic Benefit

The weighted-average rates and assumptions used to determine benefit obligations at December 31, 2012 and 2011, and net periodic benefit cost for the year ended December 31, 2012 and 2011, were as follows:

	Pension Benefit Obligations						Pension Benefit Cost
	2012			2011			2012			2011
Discount rate		3.0	%		3.7	%		3.7	%		3.9	%
Rate of compensation increase		3.3	%		3.3	%		3.3	%		3.3	%
Expected return on plan assets		N/A			N/A			4.0	%		4.3	%
	Postemployment Benefit Obligations						Postemployment Benefit Cost
	2012			2011			2012			2011
Discount rate		3.4	%		4.1	%		4.1	%		4.4	%
Rate of compensation increase		3.8	%		3.7	%		3.7	%		3.7	%
Involuntary turnover rate		1.0	%		1.5	%		1.5	%		2.0	%

Weighted-Average Asset Allocations, by Category

The weighted-average asset allocations at December 31, 2012 and 2011, by asset category are as follows:

	Actual Asset Allocation
	As of December 31						Target Asset
	2012			2011			Allocation
Equity securities		39	%		39	%		38	%
Debt securities		36	%		33	%		40	%
Insurance (annuity) contracts		11	%		11	%		11	%
Real estate		5	%		5	%		3	%
Other		9	%		12	%		8	%
Total		100	%		100	%		100	%

Pension Plan Assets at Fair Value

The following table sets forth by level, within the fair value hierarchy, the pension plan assets at fair value as of December 31, 2012:

			Fair Value Measurements at Reporting Date Using
			Quoted Prices in		Significant
			Active Markets		Other		Significant
			for Identical		Observable		Unobservable
			Assets		Inputs		Inputs
In Millions	December 31, 2012		(Level 1)		(Level 2)		(Level 3)
Cash/cash equivalents/money market funds	$	2	$	0	$	2	$	0
Equity funds		27		0		27		0
Bond/fixed-income funds		25		0		25		0
Real-estate indirect investment		4		0		4		0
Commodities/Other		3		0		3		0
Insurance contracts		8		0		0		8
Total Assets at fair value	$	69	$	0	$	61	$	8

The following table sets forth by level, within the fair value hierarchy, the pension plan assets at fair value as of December 31, 2011:

			Fair Value Measurements at Reporting Date Using
			Quoted Prices in		Significant
			Active Markets		Other		Significant
			for Identical		Observable		Unobservable
			Assets		Inputs		Inputs
In Millions	December 31, 2011		(Level 1)		(Level 2)		(Level 3)
Cash/cash equivalents/money market funds	$	5	$	0	$	5	$	0
Equity funds		23		0		23		0
Bond/fixed-income funds		19		0		19		0
Real-estate indirect investment		3		0		3		0
Commodities/Other		2		0		2		0
Insurance contracts		7		0		0		7
Total Assets at fair value	$	59	$	0	$	52	$	7

Changes in Fair Value of the Pension Plan Level 3 Assets

The table below sets forth a summary of changes in the fair value of the pension plan level 3 assets for the year ended December 31, 2012:

	Insurance
In Millions	Contracts
Balance as of January 1, 2012	$	7
Purchases, sales and settlements, net		1
Balance as of December 31, 2012	$	8

The table below sets forth a summary of changes in the fair value of the pension plan level 3 assets for the year ended December 31, 2011:

	Insurance
In Millions	Contracts
Balance as of January 1, 2011	$	6
Purchases, sales and settlements, net		1
Balance as of December 31, 2011	$	7

Estimated Future Benefit Payments

The Company expects to make the following benefit payments reflecting past and future service from its pension and postemployment plans:

	Pension		Postemployment
In millions	Benefits		Benefits
Year
2013	$	7	$	4
2014	$	6	$	3
2015	$	7	$	3
2016	$	8	$	3
2017	$	8	$	3
2018-2022	$	42	$	14