RETIREMENT AND OTHER BENEFIT PROGRAMS (Tables)

3 Months Ended

Mar. 31, 2016

Net Periodic Benefit Cost Relating to Pension and Other Postemployement Benefit

The following is a summary of net periodic benefit cost relating to the company’s pension and other postemployment benefit (OPEB) plans.

	Three months ended
	March 31,
(in millions)	2016			2015
Pension benefits
Service cost		$ 23			$ 23
Interest cost		46			49
Expected return on plan assets		(75	)		(61	)
Amortization of net losses and other deferred amounts		37			43
Net periodic pension benefit cost		$ 31			$ 54
OPEB
Service cost		$   1			$   1
Interest cost		2			6
Amortization of net loss and prior service credit		(4	)		(1	)
Net periodic OPEB cost		$  (1	)		$   6