Retirement-Related Benefits: (Tables)

3 Months Ended

Mar. 31, 2014

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block

Retirement-related benefits net periodic (income)/cost in the Consolidated Statement of Earnings

						Yr. to Yr.
(Dollars in millions)						Percent
For the three months ended March 31:		2014		2013		Change
Retirement-related plans – cost
	Defined benefit and contribution pension plans – cost	$	474	$	674		(29.6)	%
	Nonpension postretirement plans – cost		67		80		(16.0)
	Total	$	541	$	754		(28.2)	%

Defined Benefit Pension Plans

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block

Retirement-related benefits net periodic (income)/cost in the Consolidated Statement of Earnings

Cost/(Income) of Pension Plans
(Dollars in millions)		U.S. Plans				Non-U.S. Plans
For the three months ended March 31:		2014		2013		2014		2013
Service cost		$	—	$	—	$	116	$	131
Interest cost			555		496		390		382
Expected return on plan assets			(1,024)		(995)		(572)		(554)
Amortization of prior service costs/(credits)			2		2		(29)		(31)
Recognized actuarial losses			269		451		360		404
Curtailments and settlements			—		—		4		0
Multi-employer plans/other costs			—		—		79		30
Total net periodic pension (income)/cost of defined
	benefit plans		(198)		(46)		348		363
Cost of defined contribution plans			191		206		133		151
Total defined benefit and contribution plans cost recognized
	in the Consolidated Statement of Earnings	$	(7)	$	160	$	481	$	514

Nonpension Postretirement Plans

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block

Retirement-related benefits net periodic (income)/cost in the Consolidated Statement of Earnings

The following table provides the components of the cost/(income) for the company's nonpension postretirement plans:
Cost of Nonpension Postretirement Plans
		U.S. Plan				Non-U.S. Plans
(Dollars in millions)		2014		2013		2014		2013
For the three months ended March 31:
Service cost		$	7	$	9	$	2	$	3
Interest cost			45		42		16		16
Expected return on plan assets			0		(0)		(2)		(2)
Amortization of prior service costs/(credits)			(2)		—		(1)		(1)
Recognized actuarial losses			0		8		3		6
Total nonpension postretirement plan cost recognized in
	Consolidated Statement of Earnings	$	50	$	58	$	17	$	22