XML 51 R32.htm IDEA: XBRL DOCUMENT v3.19.2
Pension and Postretirement Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2019
Retirement Benefits [Abstract]  
Schedule of Net Periodic Benefit Costs
The following tables provide the components of net periodic benefit cost/(credit):
 
 
Three Months Ended
 
 
Pension Plans
 
 
 
 
U.S.
Qualified
 
U.S. Supplemental
(Non-Qualified)
 
International
 
Postretirement
Plans
(MILLIONS OF DOLLARS)
 
June 30, 2019

 
July 1, 2018

 
June 30, 2019

 
July 1, 2018

 
June 30, 2019

 
July 1, 2018

 
June 30, 2019

 
July 1, 2018

Net periodic benefit cost/(credit):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Service cost
 
$

 
$

 
$

 
$

 
$
31

 
$
34

 
$
9

 
$
10

Interest cost
 
157

 
150

 
12

 
14

 
54

 
55

 
19

 
18

Expected return on plan assets
 
(223
)
 
(261
)
 

 

 
(80
)
 
(93
)
 
(8
)
 
(9
)
Amortization of:
 
 

 
 

 
 

 
 

 
 
 
 

 
 

 
 

Actuarial losses
 
37

 
30

 
2

 
3

 
20

 
26

 
1

 
2

Prior service credits
 
(1
)
 

 

 

 
(1
)
 
(1
)
 
(45
)
 
(45
)
Curtailments
 

 
7

 

 

 

 

 

 
(7
)
Settlements
 
2

 
25

 

 
5

 

 

 

 

Special termination benefits
 
1

 

 
3

 

 

 

 
1

 

 
 
$
(27
)
 
$
(49
)
 
$
17

 
$
21

 
$
25

 
$
21

 
$
(23
)
 
$
(32
)
 
 
 
Six Months Ended
 
 
Pension Plans
 
 
 
 
U.S.
Qualified
 
U.S. Supplemental
(Non-Qualified)
 
International
 
Postretirement
Plans
(MILLIONS OF DOLLARS)
 
June 30, 2019

 
July 1, 2018

 
June 30, 2019

 
July 1, 2018

 
June 30, 2019

 
July 1, 2018

 
June 30, 2019

 
July 1, 2018

Net periodic benefit cost/(credit):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
 
$

 
$

 
$

 
$

 
$
63

 
$
71

 
$
19

 
$
20

Interest cost
 
315

 
301

 
25

 
26

 
109

 
109

 
38

 
36

Expected return on plan assets
 
(445
)
 
(524
)
 

 

 
(160
)
 
(185
)
 
(16
)
 
(18
)
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Actuarial losses
 
74

 
60

 
5

 
7

 
41

 
52

 
2

 
4

Prior service costs/(credits)
 
(2
)
 
1

 

 

 
(2
)
 
(2
)
 
(89
)
 
(90
)
Curtailments
 

 
9

 

 

 

 

 

 
(14
)
Settlements
 
2

 
45

 

 
21

 

 

 

 

Special termination benefits
 
1

 

 
9

 

 

 

 
1

 

 
 
$
(55
)
 
$
(107
)
 
$
37

 
$
55

 
$
51

 
$
44

 
$
(46
)
 
$
(63
)

The following table provides the amounts we contributed, and the amounts we expect to contribute during 2019, to our pension and postretirement plans from our general assets for the periods indicated:
 
 
Pension Plans
 
 
(MILLIONS OF DOLLARS)
 
U.S. Qualified
 
U.S. Supplemental (Non-Qualified)
 
International
 
Postretirement Plans
Contributions from our general assets for the six months ended June 30, 2019
 
$
5

 
$
99

 
$
130

 
$
67

Expected contributions from our general assets during 2019(a)
 
11

 
197

 
191

 
147


Schedule of Employer Contributions to Pension and Postretirement Plans
The following table provides the amounts we contributed, and the amounts we expect to contribute during 2019, to our pension and postretirement plans from our general assets for the periods indicated:
 
 
Pension Plans
 
 
(MILLIONS OF DOLLARS)
 
U.S. Qualified
 
U.S. Supplemental (Non-Qualified)
 
International
 
Postretirement Plans
Contributions from our general assets for the six months ended June 30, 2019
 
$
5

 
$
99

 
$
130

 
$
67

Expected contributions from our general assets during 2019(a)
 
11

 
197

 
191

 
147


(a) 
Contributions expected to be made for 2019 are inclusive of amounts contributed during the six months ended June 30, 2019. The U.S. supplemental (non-qualified) pension plan, international pension plan and the postretirement plan contributions from our general assets include direct employer benefit payments.