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Retirement Benefits (Tables)
6 Months Ended
Jun. 30, 2013
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Schedule of Net Benefit Costs [Table Text Block]
The components of net periodic benefit cost related to the Company sponsored defined benefit pension and OPEB plans for our employees are as follows:
 
Three Months Ended June 30
 
Pension Benefits
 
 
 
 
 
U.S. Plans
 
Non U.S. Plans
 
OPEB
 
2013
 
2012
 
2013
 
2012
 
2013
 
2012
 
(in millions of dollars)
Service Cost
$
14.9

 
$
12.2

 
$
1.1

 
$
1.2

 
$
0.2

 
$
0.4

Interest Cost
21.8

 
21.1

 
2.1

 
2.1

 
2.0

 
2.4

Expected Return on Plan Assets
(25.8
)
 
(22.1
)
 
(3.0
)
 
(2.8
)
 
(0.1
)
 
(0.1
)
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
Net Actuarial Loss
12.5

 
11.4

 
0.4

 
0.2

 

 

Prior Service Credit

 
(0.2
)
 

 

 
(1.3
)
 
(0.7
)
Curtailment Loss
0.7

 

 

 

 

 

Total
$
24.1

 
$
22.4

 
$
0.6

 
$
0.7

 
$
0.8

 
$
2.0


 
Six Months Ended June 30
 
Pension Benefits
 
 
 
 
 
U.S. Plans
 
Non U.S. Plans
 
OPEB
 
2013
 
2012
 
2013
 
2012
 
2013
 
2012
 
(in millions of dollars)
Service Cost
$
29.8

 
$
24.4

 
$
2.2

 
$
2.4

 
$
0.4

 
$
0.8

Interest Cost
43.7

 
42.2

 
4.2

 
4.2

 
4.0

 
4.8

Expected Return on Plan Assets
(51.3
)
 
(44.3
)
 
(6.0
)
 
(5.5
)
 
(0.3
)
 
(0.3
)
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
Net Actuarial Loss
27.1

 
22.9

 
0.7

 
0.3

 

 

Prior Service Credit

 
(0.3
)
 

 

 
(2.5
)
 
(1.3
)
Curtailment Loss
0.7

 

 

 

 

 

Total
$
50.0

 
$
44.9

 
$
1.1

 
$
1.4

 
$
1.6

 
$
4.0