XML 94 R63.htm IDEA: XBRL DOCUMENT v3.7.0.1
RETIREMENT BENEFITS - Funded Status and Accumulated Other Comprehensive Income (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Mar. 31, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
U.S. | Pension Plans          
Change in projected benefit obligation          
Projected benefit obligation at beginning of year   $ 14,000   $ 14,000  
Projected benefit obligation at June 30, 2017—Significant Plans $ 14,158     14,158  
Change in plan assets          
Plan assets at fair value at beginning of year   12,363   12,363  
Plan assets at fair value at June 30, 2017—Significant Plans 12,708     12,708  
Funded status of the Significant Plans (1,450)     (1,450)  
Net amount recognized          
Benefit asset 0     0  
Benefit liability (1,450)     (1,450)  
Net amount recognized on the balance sheet—Significant Plans (1,450)     (1,450)  
Amounts recognized in AOCI          
Prior service benefit 0     0  
Net actuarial gain (loss) (6,821)     (6,821)  
Net amount recognized in equity-pretax (6,821)     (6,821)  
Accumulated benefit obligation at June 30, 2017—Significant Plans 14,151     14,151  
U.S. | Pension Plans | Other than Significant Plans Measured Annually          
Change in projected benefit obligation          
Projected benefit obligation at beginning of year   28   28  
Change in plan assets          
Plan assets at fair value at beginning of year   0   0  
U.S. | Pension Plans | Significant Plans Measured Quarterly          
Change in projected benefit obligation          
Projected benefit obligation at beginning of year 13,997 13,972   13,972  
First quarter activity   25      
Benefits earned during the period 0        
Interest cost on benefit obligation 135        
Actuarial gain (loss) 214        
Benefits paid, net of participants’ contributions (191)        
Curtailment loss 3        
Foreign exchange impact and other 0        
Projected benefit obligation at June 30, 2017—Significant Plans   13,997      
Change in plan assets          
Plan assets at fair value at beginning of year 12,522 12,363   12,363  
First quarter activity   159      
Actual return on plan assets 364        
Company contributions, net of reimbursements 13        
Plan participants’ contributions 0        
Benefits paid, net of government subsidy (191)        
Foreign exchange impact and other 0        
Plan assets at fair value at June 30, 2017—Significant Plans   12,522      
U.S. | Postretirement Benefit Plans          
Change in projected benefit obligation          
Projected benefit obligation at beginning of year   686   686  
Projected benefit obligation at June 30, 2017—Significant Plans 742     742  
Change in plan assets          
Plan assets at fair value at beginning of year   129   129  
Plan assets at fair value at June 30, 2017—Significant Plans 126     126  
Funded status of the Significant Plans (616)     (616)  
Net amount recognized          
Benefit asset 0     0  
Benefit liability (616)     (616)  
Net amount recognized on the balance sheet—Significant Plans (616)     (616)  
Amounts recognized in AOCI          
Prior service benefit 0     0  
Net actuarial gain (loss) 39     39  
Net amount recognized in equity-pretax 39     39  
Accumulated benefit obligation at June 30, 2017—Significant Plans 742     742  
U.S. | Postretirement Benefit Plans | Other than Significant Plans Measured Annually          
Change in projected benefit obligation          
Projected benefit obligation at beginning of year   0   0  
Change in plan assets          
Plan assets at fair value at beginning of year   0   0  
U.S. | Postretirement Benefit Plans | Significant Plans Measured Quarterly          
Change in projected benefit obligation          
Projected benefit obligation at beginning of year 679 686   686  
First quarter activity   (7)      
Benefits earned during the period 0        
Interest cost on benefit obligation 7        
Actuarial gain (loss) 71        
Benefits paid, net of participants’ contributions (15)        
Curtailment loss 0        
Foreign exchange impact and other 0        
Projected benefit obligation at June 30, 2017—Significant Plans   679      
Change in plan assets          
Plan assets at fair value at beginning of year 129 129   129  
First quarter activity   0      
Actual return on plan assets 4        
Company contributions, net of reimbursements 8        
Plan participants’ contributions 0        
Benefits paid, net of government subsidy (15)        
Foreign exchange impact and other 0        
Plan assets at fair value at June 30, 2017—Significant Plans   129      
Non-U.S. plans | Pension Plans          
Change in projected benefit obligation          
Projected benefit obligation at beginning of year   6,522   6,522  
Projected benefit obligation at June 30, 2017—Significant Plans 5,549     5,549  
Change in plan assets          
Plan assets at fair value at beginning of year   6,149   6,149  
Plan assets at fair value at June 30, 2017—Significant Plans 5,846     5,846  
Funded status of the Significant Plans 297     297  
Net amount recognized          
Benefit asset 758     758  
Benefit liability (461)     (461)  
Net amount recognized on the balance sheet—Significant Plans 297     297  
Amounts recognized in AOCI          
Prior service benefit 32     32  
Net actuarial gain (loss) (984)     (984)  
Net amount recognized in equity-pretax (952)     (952)  
Accumulated benefit obligation at June 30, 2017—Significant Plans 5,280     5,280  
Non-U.S. plans | Pension Plans | Other than Significant Plans Measured Annually          
Change in projected benefit obligation          
Projected benefit obligation at beginning of year   1,784   1,784  
Change in plan assets          
Plan assets at fair value at beginning of year   1,167   1,167  
Non-U.S. plans | Pension Plans | Significant Plans Measured Quarterly          
Change in projected benefit obligation          
Projected benefit obligation at beginning of year 5,540 4,738   4,738  
First quarter activity   802      
Benefits earned during the period 22        
Interest cost on benefit obligation 62        
Actuarial gain (loss) (58)        
Benefits paid, net of participants’ contributions (79)        
Curtailment loss 0        
Foreign exchange impact and other 62        
Projected benefit obligation at June 30, 2017—Significant Plans   5,540      
Change in plan assets          
Plan assets at fair value at beginning of year 5,885 4,982   4,982  
First quarter activity   903      
Actual return on plan assets (45)        
Company contributions, net of reimbursements 13        
Plan participants’ contributions 1        
Benefits paid, net of government subsidy (80)        
Foreign exchange impact and other 72        
Plan assets at fair value at June 30, 2017—Significant Plans   5,885      
Non-U.S. plans | Postretirement Benefit Plans          
Change in projected benefit obligation          
Projected benefit obligation at beginning of year   1,141   1,141  
Projected benefit obligation at June 30, 2017—Significant Plans 1,044     1,044  
Change in plan assets          
Plan assets at fair value at beginning of year   1,015   1,015  
Plan assets at fair value at June 30, 2017—Significant Plans 1,183     1,183  
Funded status of the Significant Plans 139     139  
Net amount recognized          
Benefit asset 139     139  
Benefit liability 0     0  
Net amount recognized on the balance sheet—Significant Plans 139     139  
Amounts recognized in AOCI          
Prior service benefit 94     94  
Net actuarial gain (loss) (403)     (403)  
Net amount recognized in equity-pretax (309)     (309)  
Accumulated benefit obligation at June 30, 2017—Significant Plans 1,044     1,044  
Non-U.S. plans | Postretirement Benefit Plans | Other than Significant Plans Measured Annually          
Change in projected benefit obligation          
Projected benefit obligation at beginning of year   303   303  
Change in plan assets          
Plan assets at fair value at beginning of year   11   11  
Non-U.S. plans | Postretirement Benefit Plans | Significant Plans Measured Quarterly          
Change in projected benefit obligation          
Projected benefit obligation at beginning of year 972 838   838  
First quarter activity   134      
Benefits earned during the period 2        
Interest cost on benefit obligation 22        
Actuarial gain (loss) 22        
Benefits paid, net of participants’ contributions (14)        
Curtailment loss 0        
Foreign exchange impact and other 40        
Projected benefit obligation at June 30, 2017—Significant Plans   972      
Change in plan assets          
Plan assets at fair value at beginning of year 1,128 1,004   1,004  
First quarter activity   124      
Actual return on plan assets 23        
Company contributions, net of reimbursements 0        
Plan participants’ contributions 0        
Benefits paid, net of government subsidy (14)        
Foreign exchange impact and other 46        
Plan assets at fair value at June 30, 2017—Significant Plans   $ 1,128      
Qualified plans | U.S. | Pension Plans          
Change in projected benefit obligation          
Benefits earned during the period 0   $ 0 1 $ 1
Interest cost on benefit obligation 128   132 260 273
Change in plan assets          
Funded status of the Significant Plans (720)     (720)  
Qualified plans | U.S. | Postretirement Benefit Plans          
Change in projected benefit obligation          
Benefits earned during the period 0   0 0 0
Interest cost on benefit obligation 8   5 14 13
Change in plan assets          
Funded status of the Significant Plans (616)     (616)  
Qualified plans | Non-U.S. plans | Pension Plans          
Change in projected benefit obligation          
Benefits earned during the period 38   39 74 77
Interest cost on benefit obligation 74   73 145 146
Change in plan assets          
Funded status of the Significant Plans 297     297  
Qualified plans | Non-U.S. plans | Postretirement Benefit Plans          
Change in projected benefit obligation          
Benefits earned during the period 2   3 4 6
Interest cost on benefit obligation 25   $ 24 49 $ 48
Change in plan assets          
Funded status of the Significant Plans 139     139  
Nonqualified plans | U.S. | Pension Plans          
Change in plan assets          
Funded status of the Significant Plans (730)     (730)  
Nonqualified plans | U.S. | Postretirement Benefit Plans          
Change in plan assets          
Funded status of the Significant Plans 0     0  
Nonqualified plans | Non-U.S. plans | Pension Plans          
Change in plan assets          
Funded status of the Significant Plans 0     0  
Nonqualified plans | Non-U.S. plans | Postretirement Benefit Plans          
Change in plan assets          
Funded status of the Significant Plans $ 0     $ 0