EMPLOYEE BENEFITS (Tables)

6 Months Ended

Jun. 30, 2015

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, 2015
Components of net periodic benefit cost:
Service cost	$	51	$	10	$	61	$	1	$	1	$	2
Interest cost		55		6		61		2		-		2
Expected return on assets		(72)		(6)		(78)		-		-		-
Amortization of prior service (credit) cost		(8)		-		(8)		(2)		-		(2)
Amortization of net loss		33		2		35		-		-		-
Other		-		(1)		(1)		-		-		-
Net periodic benefit cost	$	59	$	11	$	70	$	1	$	1	$	2
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 loss		11		2		13		-		-		-
Other		-		-		-		-		-		-
Net periodic benefit cost	$	32	$	15	$	47	$	1	$	1	$	2
Six Months Ended June 30, 2015
Components of net periodic benefit cost:
Service cost	$	103	$	21	$	124	$	3	$	2	$	5
Interest cost		110		12		122		4		1		5
Expected return on assets		(144)		(12)		(156)		-		-		-
Amortization of prior service (credit) cost		(16)		(1)		(17)		(5)		-		(5)
Amortization of net loss		65		5		70		-		-		-
Other		-		(1)		(1)		-		-		-
Net periodic benefit cost	$	118	$	24	$	142	$	2	$	3	$	5
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 loss		22		4		26		-		-		-
Other		-		-		-		-		-		-
Net periodic benefit cost	$	65	$	28	$	93	$	2	$	2	$	4