EMPLOYEE BENEFITS (Tables)

3 Months Ended

Mar. 31, 2016

Defined Benefit Plan Disclosure [Line Items]

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, 2016
Components of net periodic benefit (income) cost:
Service cost	$	4	$	8	$	12	$	1	$	1	$	2
Interest cost		46		5		51		1		1		2
Expected return on assets		(73)		(7)		(80)		-		-		-
Amortization of prior service credit		-		-		-		(2)		-		(2)
Amortization of net loss		6		2		8		-		-		-
Curtailment gain		-		(2)		(2)		-		-		-
Net periodic benefit (income) cost	$	(17)	$	6	$	(11)	$	-	$	2	$	2
Three Months Ended March 31, 2015
Components of net periodic benefit cost:
Service cost	$	52	$	11	$	63	$	2	$	1	$	3
Interest cost		55		6		61		2		1		3
Expected return on assets		(72)		(6)		(78)		-		-		-
Amortization of prior service credit		(8)		(1)		(9)		(3)		-		(3)
Amortization of net loss		32		3		35		-		-		-
Net periodic benefit cost	$	59	$	13	$	72	$	1	$	2	$	3