Retirement-Related Benefits (Tables)

6 Months Ended

Jun. 30, 2011

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block

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

For the three months ended June 30:					Yr. to Yr. Percent
(Dollars in millions)	2011		2010		Change
Retirement-related plans — cost
Defined benefit and contribution pension plans — cost	$	370	$	234	58.4	%
Nonpension postretirement plans — cost	88		86		2.0
Total	$	458	$	319	43.2	%

For the six months ended June 30:					Yr. to Yr. Percent
(Dollars in millions)	2011		2010		Change
Retirement-related plans — cost
Defined benefit and contribution pension plans — cost	$	802	$	555	44.5	%
Nonpension postretirement plans — cost	173		173		0.3
Total	$	975	$	728	34.0	%

Defined Benefit Pension Plans

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block

Cost/Income of Benefit Plans

(Dollars in millions)	U.S. Plans						Non-U.S. Plans
For the three months ended June 30:	2011			2010			2011			2010
Service cost	$	—		$	—		$	126		$	123
Interest cost	609			648			471			444
Expected return on plan assets	(1,007		)	(1,001		)	(643		)	(592		)
Amortization of prior service cost/(credits)	3			3			(40		)	(42		)
Recognized actuarial losses	198			116			242			171
Curtailments and settlements	—			—			1			0
Multi-employer plan/other costs	—			—			40			20
Total net periodic pension (income)/cost of defined benefit plans	(197		)	(234		)	195			125
Cost of defined contribution plans	216			212			156			131
Total defined benefit and contribution plans cost recognized in the Consolidated Statement of Earnings	$	19		$	(22	)	$	351		$	255

(Dollars in millions)	U.S. Plans						Non-U.S. Plans
For the six months ended June 30:	2011			2010			2011			2010
Service cost	$	—		$	—		$	256		$	251
Interest cost	1,228			1,301			925			913
Expected return on plan assets	(2,022		)	(2,009		)	(1,263		)	(1,218		)
Amortization of prior service cost/(credits)	5			5			(80		)	(84		)
Recognized actuarial losses	409			235			487			349
Curtailments and settlements	—			—			1			27
Multi-employer plan/other costs	—			—			74			52
Total net periodic pension (income)/cost of defined benefit plans	(379		)	(468		)	399			290
Cost of defined contribution plans	481			478			302			255
Total defined benefit and contribution plans cost recognized in the Consolidated Statement of Earnings	$	101		$	10		$	700		$	545

Nonpension Postretirement Plans

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block

Cost/Income of Benefit Plans

(Dollars in millions)	U.S. Plan					Non-U.S. Plans
For the three months ended June 30:	2011		2010			2011			2010
Service cost	$	9	$	8		$	3		$	2
Interest cost	59		65			17			15
Expected return on plan assets	—		—			(3		)	(2		)
Amortization of prior service credits	—		(4		)	(1		)	(1		)
Recognized actuarial losses	—		—			4			3
Total nonpension postretirement plan cost recognized in the Consolidated Statement of Earnings	$	68	$	70		$	20		$	16

(Dollars in millions)	U.S. Plan					Non-U.S. Plans
For the six months ended June 30:	2011		2010			2011			2010
Service cost	$	17	$	17		$	5		$	4
Interest cost	118		131			34			29
Expected return on plan assets	—		—			(5		)	(5		)
Amortization of prior service credits	—		(7		)	(2		)	(3		)
Recognized actuarial losses	—		—			7			6
Total nonpension postretirement plan cost recognized in the Consolidated Statement of Earnings	$	134	$	141		$	39		$	32