Benefit Obligations

6 Months Ended

Jun. 30, 2012

Compensation and Retirement Disclosure [Abstract]

The components of net periodic benefit costs are as follows:



	Pension Benefits				Postretirement Benefits			Pension Benefits				Postretirement Benefits
	Three Months Ended June 30,							Six Months Ended June 30,
	2012		2011		2012		2011	2012		2011		2012		2011
	(In $ millions)							(In $ millions)
Service cost	7		7		1		1	14		14		1		1
Interest cost	42		45		3		2	85		91		6		6
Expected return on plan assets	(52	)	(51	)	—		—	(103	)	(101	)	—		—
Recognized actuarial (gain) loss	15		8		(1	)	—	29		15		(1	)	(1	)
Prior service credit	1		—		—		—	1		—		—		—
Curtailment (gain) loss	—		—		—		—	—		(1	)	—		—
Total	13		9		3		3	26		18		6		6

Commitments to fund benefit obligations during 2012 are as follows:



	As of	Expected for
	June 30, 2012	2012
	(In $ millions)
Cash contributions to defined benefit pension plans	88	160
Benefit payments from nonqualified trusts related to nonqualified pension plans	7	15
Benefit payments to other postretirement benefit plans	13	25

The Company’s estimates of its US defined benefit pension plan contributions reflect the provisions of the Pension Protection Act of 2006.

The Company participates in a multiemployer defined benefit plan in Germany covering certain employees. The Company’s contributions to the multiemployer defined benefit plan are based on specified percentages of employee contributions and totaled $3 million for the six months ended June 30, 2012.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

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