PENSION AND OTHER POSTRETIREMENT BENEFITS

3 Months Ended

Mar. 31, 2014

Pension and Other Post Retirements Disclosure Paragraph Details [Abstract]

Pension and Other Postretirement Benefits

Note16. Pension and Other Postretirement Benefits

       Net periodic pension and other postretirement benefits costs for our significant defined benefit plans include the following components:

Pension Benefits
		Three Months Ended
		U.S. Plans				Non-U.S. Plans
		March 31,				March 31,
		2014		2013		2014		2013
Service cost	$	60	$	68	$	14	$	14
Interest cost		193		168		58		54
Expected return on plan assets		(314)		(268)		(89)		(77)
Amortization of prior service cost (credit)		6		6		-		(1)
	$	(55)	$	(26)	$	(17)	$	(10)
Other Postretirement Benefits
				Three Months Ended
				March 31,
				2014		2013
Service cost			$	-	$	-
Interest cost				10		12
Amortization of prior service (credit)				(5)		(1)
Recognition of actuarial losses				6		10
			$	11	$	21

In the first quarter of 2014, Honeywell contributed $117 million of marketable securities and $7 million of cash to our non-U.S. pension plans.

If required, a mark to market adjustment will be recorded in the fourth quarter of 2014 in accordance with our pension accounting method as described in Note 1 to our financial statements for the year ended December 31, 2013 contained in our Form 10-K filed on February 14, 2014.