Pension and Other Postretirement Employee Benefit Plans (Tables)

3 Months Ended

Mar. 31, 2013

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Components of net periodic benefit costs reported in the Consolidated Statements of Income and other comprehensive income

The following table presents the components of net periodic benefit costs reported in the Consolidated Statements of Income for the Firm’s U.S. and non-U.S. defined benefit pension, defined contribution and OPEB plans.

	Pension plans
	U.S.						Non-U.S.						OPEB plans
Three months ended March 31, (in millions)	2013			2012			2013			2012			2013			2012
Components of net periodic benefit cost
Benefits earned during the period	$	78		$	68		$	9		$	10		$	—		$	—
Interest cost on benefit obligations	112			106			30			31			9			11
Expected return on plan assets	(239		)	(195		)	(34		)	(33		)	(22		)	(22		)
Amortization:
Net (gain)/loss	68			72			12			9			1			2
Prior service cost/(credit)	(10		)	(11		)	(1		)	—			—			—
Net periodic defined benefit cost	9			40			16			17			(12		)	(9		)
Other defined benefit pension plans(a)	3			4			2			2			NA			NA
Total defined benefit plans	12			44			18			19			(12		)	(9		)
Total defined contribution plans	105			81			79			80			NA			NA
Total pension and OPEB cost included in compensation expense	$	117		$	125		$	97		$	99		$	(12	)	$	(9	)

(a) Includes various defined benefit pension plans which are individually immaterial.