Retirement-Related Benefits (Tables)

6 Months Ended

Jun. 30, 2015

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

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 June 30:		2015		2014		Change
Retirement-related plans – cost
	Defined benefit and contribution pension plans – cost	$	493	$	398		23.8	%
	Nonpension postretirement plans – cost		67		70		(3.5)
	Total	$	560	$	468		19.7	%

						Yr. to Yr.
(Dollars in millions)						Percent
For the six months ended June 30:		2015		2014		Change
Retirement-related plans – cost
	Defined benefit and contribution pension plans – cost	$	1,242	$	872		42.4	%
	Nonpension postretirement plans – cost		139		137		1.3
	Total	$	1,380	$	1,009		36.8	%

Defined Benefit Pension Plans

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

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 June 30:		2015		2014		2015		2014
Service cost		$	—	$	—	$	116	$	118
Interest cost			507		551		270		394
Expected return on plan assets			(988)		(1,024)		(482)		(578)
Amortization of prior service costs/(credits)			2		2		(24)		(28)
Recognized actuarial losses			412		259		393		361
Curtailments and settlements			—		—		3		8
Multi-employer plans/other costs			—		—		8		16
Total net periodic pension (income)/cost of defined
	benefit plans		(67)		(211)		283		290
Cost of defined contribution plans			166		183		111		136
Total defined benefit and contribution plans cost recognized
	in the Consolidated Statement of Earnings	$	99	$	(28)	$	394	$	426

(Dollars in millions)		U.S. Plans				Non-U.S. Plans
For the six months ended June 30:		2015		2014		2015		2014
Service cost		$	—	$	—	$	224	$	233
Interest cost			1,014		1,106		541		785
Expected return on plan assets			(1,977)		(2,048)		(965)		(1,150)
Amortization of prior service costs/(credits)			5		5		(49)		(57)
Recognized actuarial losses			827		528		794		721
Curtailments and settlements			—		—		7		13
Multi-employer plan/other costs			—		—		256		95
Total net periodic pension (income)/cost of defined
	benefit plans		(131)		(409)		808		638
Cost of defined contribution plans			339		375		226		269
Total defined benefit and contribution plans cost recognized
	in the Consolidated Statement of Earnings	$	208	$	(35)	$	1,034	$	907

Nonpension Postretirement Plans

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

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

The following tables provide the components of the cost/(income) for the company's nonpension postretirement plans.
Cost of Nonpension Postretirement Plans
(Dollars in millions)		U.S. Plan				Non-U.S. Plans
For the three months ended June 30:		2015		2014		2015		2014
Service cost		$	6	$	6	$	2	$	2
Interest cost			40		48		13		16
Expected return on plan assets			0		0		(2)		(2)
Amortization of prior service costs/(credits)			(2)		(2)		(1)		(1)
Recognized actuarial losses			9		0		2		3
Curtailments and settlements			0		0		0		0
Total nonpension postretirement plan cost recognized in
	Consolidated Statement of Earnings	$	53	$	53	$	14	$	17

(Dollars in millions)		U.S. Plan				Non-U.S. Plans
For the six months ended June 30:		2015		2014		2015		2014
Service cost		$	12	$	13	$	4	$	4
Interest cost			82		94		27		32
Expected return on plan assets			0		0		(4)		(5)
Amortization of prior service costs/(credits)			(4)		(4)		(3)		(3)
Recognized actuarial losses			20		0		5		5
Curtailments and settlements			0		0		0		0
Total nonpension postretirement plan cost recognized in
	Consolidated Statement of Earnings	$	109	$	103	$	29	$	34