XML 48 R35.htm IDEA: XBRL DOCUMENT v3.5.0.2
Benefit Obligations (Tables)
9 Months Ended
Sep. 30, 2016
Compensation and Retirement Disclosure [Abstract]  
Schedule of Net Periodic Benefit Costs Recognized
The components of net periodic benefit cost are as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
 
Pension
Benefits
 
Post-retirement
Benefits
 
Pension
Benefits
 
Post-retirement
Benefits
 
Pension
Benefits
 
Post-retirement
Benefits
 
Pension
Benefits
 
Post-retirement
Benefits
 
(In $ millions)
Service cost
2

 

 
4

 

 
6

 

 
10

 
1

Interest cost
28

 
1

 
34

 
1

 
84

 
2

 
105

 
2

Expected return on plan assets
(44
)
 

 
(53
)
 

 
(132
)
 

 
(158
)
 

Recognized actuarial (gain) loss

 

 

 

 

 

 

 
1

Amortization of prior service cost (credit), net

 
(1
)
 

 

 

 
(3
)
 

 

Special termination benefit

 

 
1

 

 
3

 

 
2

 

Total
(14
)
 

 
(14
)
 
1

 
(39
)
 
(1
)
 
(41
)
 
4

Schedule of Company Commitments to Fund Benefit Obligations
Benefit obligation funding is as follows:
 
As of
September 30,
2016
 
Total
Expected
2016
 
(In $ millions)
Cash contributions to defined benefit pension plans
18

 
23

Benefit payments to nonqualified pension plans
17

 
22

Benefit payments to other postretirement benefit plans
3

 
4

Cash contributions to German multiemployer defined benefit pension plans(1)
5

 
8

______________________________
(1) 
The Company makes contributions based on specified percentages of employee contributions.