EMPLOYEE BENEFITS (Tables)

3 Months Ended

Mar. 31, 2014

EMPLOYEE BENEFITS

Components of net periodic benefit cost

	Pension						Postretirement
		U.S.		Non-U.S.				U.S.		Non-U.S.
(in millions)		Plans		Plans		Total		Plans		Plans		Total
Three Months Ended March 31, 2014
Components of net periodic benefit cost:
Service cost	$	44	$	11	$	55	$	1	$	-	$	1
Interest cost		57		7		64		2		1		3
Expected return on assets		(71)		(6)		(77)		-		-		-
Amortization of prior service (credit) cost		(8)		(1)		(9)		(2)		-		(2)
Amortization of net (gain) loss		11		2		13		-		-		-
Net periodic benefit cost	$	33	$	13	$	46	$	1	$	1	$	2
Three Months Ended March 31, 2013
Components of net periodic benefit cost:
Service cost	$	44	$	13	$	57	$	1	$	1	$	2
Interest cost		49		8		57		2		-		2
Expected return on assets		(65)		(5)		(70)		-		-		-
Amortization of prior service (credit) cost		(8)		(1)		(9)		(3)		-		(3)
Amortization of net (gain) loss		33		3		36		1		-		1
Curtailment (gain) loss		-		(1)		(1)		-		-		-
Net periodic benefit cost	$	53	$	17	$	70	$	1	$	1	$	2