Pension and Other Postretirement Employee Benefit Plans (Tables)

3 Months Ended

Mar. 31, 2015

Compensation and Retirement 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)	2015			2014			2015			2014			2015			2014
Components of net periodic benefit cost
Benefits earned during the period	$	85		$	70		$	9		$	9		$	—		$	—
Interest cost on benefit obligations	125			134			28			34			8			9
Expected return on plan assets	(232		)	(246		)	(38		)	(44		)	(26		)	(25		)
Amortization:
Net (gain)/loss	62			6			9			12			—			—
Prior service cost/(credit)	(9		)	(10		)	—			—			—			—
Net periodic defined benefit cost	31			(46		)	8			11			(18		)	(16		)
Other defined benefit pension plans(a)	3			3			5			2			NA			NA
Total defined benefit plans	34			(43		)	13			13			(18		)	(16		)
Total defined contribution plans	89			108			83			80			NA			NA
Total pension and OPEB cost included in compensation expense	$	123		$	65		$	96		$	93		$	(18	)	$	(16	)

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