EMPLOYEE BENEFITS (Tables)

9 Months Ended

Sep. 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 September 30, 2014
Components of net periodic benefit cost:
Service cost	$	42	$	11	$	53	$	1	$	-	$	1
Interest cost		57		7		64		2		1		3
Expected return on assets		(73)		(6)		(79)		-		-		-
Amortization of prior service (credit) cost		(8)		(1)		(9)		(3)		-		(3)
Amortization of net (gain) loss		9		2		11		-		-		-
Net periodic benefit cost	$	27	$	13	$	40	$	-	$	1	$	1
Three Months Ended September 30, 2013
Components of net periodic benefit cost:
Service cost	$	71	$	12	$	83	$	1	$	1	$	2
Interest cost		53		7		60		2		-		2
Expected return on assets		(64)		(4)		(68)		-		-		-
Amortization of prior service (credit) cost		(8)		(1)		(9)		(3)		-		(3)
Amortization of net (gain) loss		40		3		43		(1)		-		(1)
Net periodic benefit cost	$	92	$	17	$	109	$	(1)	$	1	$	-
Nine Months Ended September 30, 2014
Components of net periodic benefit cost:
Service cost	$	130	$	32	$	162	$	3	$	1	$	4
Interest cost		171		22		193		7		2		9
Expected return on assets		(215)		(17)		(232)		-		-		-
Amortization of prior service (credit) cost		(25)		(2)		(27)		(8)		-		(8)
Amortization of net (gain) loss		31		6		37		-		-		-
Net periodic benefit cost	$	92	$	41	$	133	$	2	$	3	$	5
Nine Months Ended September 30, 2013
Components of net periodic benefit cost:
Service cost	$	159	$	36	$	195	$	4	$	3	$	7
Interest cost		151		22		173		6		1		7
Expected return on assets		(193)		(14)		(207)		-		-		-
Amortization of prior service (credit) cost		(25)		(2)		(27)		(8)		-		(8)
Amortization of net (gain) loss		106		9		115		-		-		-
Net periodic benefit cost	$	198	$	51	$	249	$	2	$	4	$	6