EMPLOYEE BENEFITS (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2014
Components of net periodic benefit cost:
Service cost	$	44	$	10	$	54	$	1	$	1	$	2
Interest cost		57		8		65		3		-		3
Expected return on assets		(71)		(5)		(76)		-		-		-
Amortization of prior service (credit) cost		(9)		-		(9)		(3)		-		(3)
Amortization of net (gain) loss		11		2		13		-		-		-
Net periodic benefit cost	$	32	$	15	$	47	$	1	$	1	$	2
Three Months Ended June 30, 2013
Components of net periodic benefit cost:
Service cost	$	44	$	12	$	56	$	2	$	1	$	3
Interest cost		49		7		56		2		1		3
Expected return on assets		(64)		(5)		(69)		-		-		-
Amortization of prior service (credit) cost		(9)		-		(9)		(2)		-		(2)
Amortization of net (gain) loss		33		3		36		-		-		-
Net periodic benefit cost	$	53	$	17	$	70	$	2	$	2	$	4
Six Months Ended June 30, 2014
Components of net periodic benefit cost:
Service cost	$	88	$	21	$	109	$	2	$	1	$	3
Interest cost		114		15		129		5		1		6
Expected return on assets		(142)		(11)		(153)		-		-		-
Amortization of prior service (credit) cost		(17)		(1)		(18)		(5)		-		(5)
Amortization of net (gain) loss		22		4		26		-		-		-
Net periodic benefit cost	$	65	$	28	$	93	$	2	$	2	$	4
Six Months Ended June 30, 2013
Components of net periodic benefit cost:
Service cost	$	88	$	24	$	112	$	3	$	2	$	5
Interest cost		98		15		113		4		1		5
Expected return on assets		(129)		(10)		(139)		-		-		-
Amortization of prior service (credit) cost		(17)		(1)		(18)		(5)		-		(5)
Amortization of net (gain) loss		66		6		72		1		-		1
Net periodic benefit cost	$	106	$	34	$	140	$	3	$	3	$	6