Pension and Postretirement Plans

6 Months Ended

Mar. 31, 2013

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Pension and Postretirement Plans

Pension and Postretirement Plans

As discussed in Note 1, “Financial Statements,” of the notes to consolidated financial statements, the Company elected to change its policy for recognizing pension and postretirement benefit expenses in the fourth quarter of fiscal 2012. This change in accounting policy has been applied retrospectively, revising all periods presented.

The components of the Company’s net periodic benefit costs associated with its defined benefit pension and postretirement plans are shown in the tables below in accordance with ASC 715, “Compensation – Retirement Benefits” (in millions):

	U.S. Pension Plans
	Three Months Ended March 31,						Six Months Ended March 31,
	2013			2012			2013			2012
Service cost	$	22		$	17		$	45		$	34
Interest cost	37			37			75			75
Expected return on plan assets	(58		)	(52		)	(116		)	(106		)
Amortization of prior service cost	1			1			1			1
Net periodic benefit cost	$	2		$	3		$	5		$	4

	Non-U.S. Pension Plans
	Three Months Ended March 31,						Six Months Ended March 31,
	2013			2012			2013			2012
Service cost	$	9		$	8		$	19		$	17
Interest cost	16			18			32			36
Expected return on plan assets	(17		)	(19		)	(35		)	(37		)
Amortization of prior service credit	(1		)	(1		)	(1		)	(1		)
Curtailment gain	(2		)	—			(26		)	—
Net periodic benefit cost (credit)	$	5		$	6		$	(11	)	$	15

	Postretirement Benefits
	Three Months Ended March 31,						Six Months Ended March 31,
	2013			2012			2013			2012
Service cost	$	2		$	1		$	3		$	2
Interest cost	2			4			5			7
Expected return on plan assets	(3		)	(3		)	(6		)	(6		)
Amortization of prior service credit	(5		)	(5		)	(9		)	(9		)
Net periodic benefit credit	$	(4	)	$	(3	)	$	(7	)	$	(6	)

The curtailment gains in the three and six months ended March 31, 2013 were the result of a lost contract in the Global Workplace Solutions segment.