Benefit Plans (Tables)

6 Months Ended

Jun. 30, 2019

Retirement Benefits [Abstract]

Components of Pension and Other Employee Benefit Costs

Pension and other employee benefit costs per the condensed consolidated statements of earnings consisted of the following:

	For the Six Months Ended June 30,						For the Three Months Ended June 30,
(in millions)	2019			2018			2019			2018
Net pension costs (income)	$	(10	)	$	(33	)	$	(5	)	$	(17	)
Net postemployment costs	47			39			23			20
Net postretirement costs	4			6			2			3
Total pension and other employee benefit costs	$	41		$	12		$	20		$	6

Components of Net Periodic Benefit Cost

Net periodic pension cost consisted of the following:

	Pension (1)
	For the Six Months Ended June 30,						For the Three Months Ended June 30,
(in millions)	2019			2018			2019			2018
Service cost	$	107		$	107		$	53		$	54
Interest cost	60			58			31			30
Expected return on plan assets	(165		)	(182		)	(86		)	(95		)
Amortization:
Net loss	95			90			50			47
Prior service cost	—			1			—			1
Net periodic pension cost	$	97		$	74		$	48		$	37

⁽¹⁾ Primarily non-U.S. based defined benefit retirement plans.