Retirement-Related Benefits (Tables)

9 Months Ended

Sep. 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

					Yr. to Yr.
					Percent
For the three months ended September 30:	2011		2010		Change
(Dollars in millions)
Retirement-related plans – cost
Defined benefit and contribution pension plans – cost	$	357	$	246	45.2	%
Nonpension postretirement plans – cost	87		87		0.0
Total	$	444	$	333	33.3	%

					Yr. to Yr.
					Percent
For the nine months ended September 30:	2011		2010		Change
(Dollars in millions)
Retirement-related plans –cost
Defined benefit and contribution pension plans –cost	$	1,159	$	801	44.7	%
Nonpension postretirement plans –cost	261		260		0.2
Total	$	1,419	$	1,061	33.8	%

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 September 30:	2011			2010			2011			2010
Service cost	$	—		$	—		$	128		$	126
Interest cost	614			650			467			456
Expected return on plan assets	(1,011		)	(1,004		)	(641		)	(610		)
Amortization of prior service cost/(credits)	2			2			(41		)	(44		)
Recognized actuarial losses	205			118			240			178
Curtailments and settlements	—			—			0			0
Multi-employer plan/other costs	—			—			21			27
Total net periodic pension (income)/cost of defined benefit plans	(190		)	(234		)	173			132
Cost of defined contribution plans	218			216			156			132
Total defined benefit and contribution plans cost recognized in the Consolidated Statement of Earnings	$	28		$	(18	)	$	329		$	264

(Dollars in millions)	U.S. Plans						Non-U.S. Plans
For the nine months ended September 30:	2011			2010			2011			2010
Service cost	$	—		$	—		$	384		$	377
Interest cost	1,842			1,951			1,391			1,369
Expected return on plan assets	(3,032		)	(3,013		)	(1,904		)	(1,827		)
Amortization of prior service cost/(credits)	7			7			(121		)	(128		)
Recognized actuarial losses	614			353			727			527
Curtailments and settlements	—			—			1			27
Multi-employer plan/other costs	—			—			94			79
Total net periodic pension (income)/cost of defined benefit plans	(569		)	(702		)	572			422
Cost of defined contribution plans	698			693			458			387
Total defined benefit and contribution plans cost recognized in the Consolidated Statement of Earnings	$	129		$	(8	)	$	1,030		$	809

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 September 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
Curtailments/settlements			1						—
Total nonpension postretirement plan cost recognized in the Consolidated Statement of Earnings	$	68	$	71		$	20		$	16

(Dollars in millions)	U.S. Plan					Non-U.S. Plans
For the nine months ended September 30:	2011		2010			2011			2010
Service cost	$	25	$	25		$	8		$	7
Interest cost	177		196			51			44
Expected return on plan assets	—		—			(8		)	(7		)
Amortization of prior service credits	—		(11		)	(3		)	(4		)
Recognized actuarial losses			—			11			9
Curtailments/settlements	—		1			—			—
Total nonpension postretirement plan cost recognized in the Consolidated Statement of Earnings	$	202	$	211		$	59		$	49