Pension And Other Postretirement Benefits

9 Months Ended

Sep. 30, 2020

Retirement Benefits [Abstract]

Pension And Other Postretirement Benefits

Pension and Other Postretirement Benefits 

	Three Months Ended September 30,		Nine Months Ended September 30,
	2020	2019	2020	2019
	(millions of dollars)		(millions of dollars)
Components of net benefit cost
Pension Benefits - U.S.
Service cost	245	208	712	563
Interest cost	177	192	531	574
Expected return on plan assets	(178)	(143)	(528)	(427)
Amortization of actuarial loss/(gain) and prior service cost	79	77	237	233
Net pension enhancement and curtailment/settlement cost	52	54	156	161
Net benefit cost	375	388	1,108	1,104
Pension Benefits - Non-U.S.
Service cost	178	136	524	413
Interest cost	165	189	488	573
Expected return on plan assets	(226)	(192)	(664)	(581)
Amortization of actuarial loss/(gain) and prior service cost	124	102	358	260
Net benefit cost	241	235	706	665
Other Postretirement Benefits
Service cost	45	38	134	104
Interest cost	70	79	208	237
Expected return on plan assets	(4)	(4)	(13)	(12)
Amortization of actuarial loss/(gain) and prior service cost	13	3	39	10
Net benefit cost	124	116	368	339