XML 87 R63.htm IDEA: XBRL DOCUMENT v3.20.2
RETIREMENT BENEFITS - Funded Status and Accumulated Other Comprehensive Income (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
U.S. | Pension Plans            
Change in projected benefit obligation            
Projected benefit obligation at beginning of year     $ 13,453   $ 13,453  
Benefits earned during the period $ 0     $ 1 0 $ 1
Interest cost on benefit obligation 87     112 294 365
Change in plan assets            
Plan assets at fair value at beginning of year     12,717   12,717  
Net amount recognized at period end            
Benefit asset 0       0  
Benefit liability (1,082)       (1,082)  
Net amount recognized on the balance sheet—Significant Plans (1,082)       (1,082)  
Amounts recognized in AOCI at period end            
Prior service benefit 0       0  
Net actuarial (loss) gain (7,653)       (7,653)  
Net amount recognized in equity-pretax (7,653)       (7,653)  
Accumulated benefit obligation at period end—Significant Plans 13,786       13,786  
U.S. | Pension Plans | Other than Significant Plans Measured Annually            
Change in projected benefit obligation            
Projected benefit obligation at beginning of year     26   26  
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 13,860   13,427   13,427  
Quarter activity   $ 511 (78)      
Benefits earned during the period 0          
Interest cost on benefit obligation 87          
Actuarial loss (gain) 71          
Benefits paid, net of participants’ contributions and government subsidy (229)          
Plan amendments 0          
Settlement (gain) 0          
Foreign exchange impact and other 0          
Projected benefit obligation at period end—Significant Plans 13,789 13,860     13,789  
Change in plan assets            
Plan assets at fair value at beginning of year 12,429   12,717   12,717  
Quarterly activity   576 (864)      
Actual return on plan assets 494          
Company contributions, net of reimbursements 13          
Benefits paid, net of participants’ contributions and government subsidy (229)          
Settlement gain 0          
Foreign exchange impact and other 0          
Plan assets at fair value at period end—Significant Plans 12,707 12,429     12,707  
Funded status of the Significant Plans (1,082)       (1,082)  
U.S. | Postretirement Benefit Plans            
Change in projected benefit obligation            
Projected benefit obligation at beginning of year     692   692  
Benefits earned during the period 0     0 0 0
Interest cost on benefit obligation 4     6 14 19
Change in plan assets            
Plan assets at fair value at beginning of year     345   345  
Net amount recognized at period end            
Benefit asset 0       0  
Benefit liability (247)       (247)  
Net amount recognized on the balance sheet—Significant Plans (247)       (247)  
Amounts recognized in AOCI at period end            
Prior service benefit 104       104  
Net actuarial (loss) gain 33       33  
Net amount recognized in equity-pretax 137       137  
Accumulated benefit obligation at period end—Significant Plans 569       569  
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   692   692  
Quarter activity   0 (13)      
Benefits earned during the period 0          
Interest cost on benefit obligation 4          
Actuarial loss (gain) 1          
Benefits paid, net of participants’ contributions and government subsidy (11)          
Plan amendments (104)          
Settlement (gain) 0          
Foreign exchange impact and other 0          
Projected benefit obligation at period end—Significant Plans 569 679     569  
Change in plan assets            
Plan assets at fair value at beginning of year 324   345   345  
Quarterly activity   3 (24)      
Actual return on plan assets 9          
Company contributions, net of reimbursements 0          
Benefits paid, net of participants’ contributions and government subsidy (11)          
Settlement gain 0          
Foreign exchange impact and other 0          
Plan assets at fair value at period end—Significant Plans 322 324     322  
Funded status of the Significant Plans (247)       (247)  
Non-U.S. plans | Pension Plans            
Change in projected benefit obligation            
Projected benefit obligation at beginning of year     8,105   8,105  
Benefits earned during the period 38     37 109 108
Interest cost on benefit obligation 59     70 184 218
Change in plan assets            
Plan assets at fair value at beginning of year     7,556   7,556  
Net amount recognized at period end            
Benefit asset 895       895  
Benefit liability (622)       (622)  
Net amount recognized on the balance sheet—Significant Plans 273       273  
Amounts recognized in AOCI at period end            
Prior service benefit 7       7  
Net actuarial (loss) gain (883)       (883)  
Net amount recognized in equity-pretax (876)       (876)  
Accumulated benefit obligation at period end—Significant Plans 5,329       5,329  
Non-U.S. plans | Pension Plans | Other than Significant Plans Measured Annually            
Change in projected benefit obligation            
Projected benefit obligation at beginning of year     2,068   2,068  
Change in plan assets            
Plan assets at fair value at beginning of year     1,349   1,349  
Non-U.S. plans | Pension Plans | Significant Plans Measured Quarterly            
Change in projected benefit obligation            
Projected benefit obligation at beginning of year 5,576   6,037   6,037  
Quarter activity   473 (934)      
Benefits earned during the period 22          
Interest cost on benefit obligation 50          
Actuarial loss (gain) (26)          
Benefits paid, net of participants’ contributions and government subsidy (16)          
Plan amendments 0          
Settlement (gain) 81          
Foreign exchange impact and other 110          
Projected benefit obligation at period end—Significant Plans 5,635 5,576     5,635  
Change in plan assets            
Plan assets at fair value at beginning of year 5,863   6,207   6,207  
Quarterly activity   376 (720)      
Actual return on plan assets 23          
Company contributions, net of reimbursements 18          
Benefits paid, net of participants’ contributions and government subsidy (16)          
Settlement gain (81)          
Foreign exchange impact and other 101          
Plan assets at fair value at period end—Significant Plans 5,908 5,863     5,908  
Funded status of the Significant Plans 273       273  
Non-U.S. plans | Postretirement Benefit Plans            
Change in projected benefit obligation            
Projected benefit obligation at beginning of year     1,384   1,384  
Benefits earned during the period 2     2 6 6
Interest cost on benefit obligation 22     $ 25 68 $ 77
Change in plan assets            
Plan assets at fair value at beginning of year     1,127   1,127  
Net amount recognized at period end            
Benefit asset 54       54  
Benefit liability 0       0  
Net amount recognized on the balance sheet—Significant Plans 54       54  
Amounts recognized in AOCI at period end            
Prior service benefit 54       54  
Net actuarial (loss) gain (281)       (281)  
Net amount recognized in equity-pretax (227)       (227)  
Accumulated benefit obligation at period end—Significant Plans 939       939  
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     323   323  
Change in plan assets            
Plan assets at fair value at beginning of year     9   9  
Non-U.S. plans | Postretirement Benefit Plans | Significant Plans Measured Quarterly            
Change in projected benefit obligation            
Projected benefit obligation at beginning of year 911   1,061   1,061  
Quarter activity   105 (255)      
Benefits earned during the period 1          
Interest cost on benefit obligation 20          
Actuarial loss (gain) (20)          
Benefits paid, net of participants’ contributions and government subsidy (12)          
Plan amendments 0          
Settlement (gain) 0          
Foreign exchange impact and other 39          
Projected benefit obligation at period end—Significant Plans 939 911     939  
Change in plan assets            
Plan assets at fair value at beginning of year 942   1,118   1,118  
Quarterly activity   94 $ (270)      
Actual return on plan assets 23          
Company contributions, net of reimbursements 0          
Benefits paid, net of participants’ contributions and government subsidy (12)          
Settlement gain 0          
Foreign exchange impact and other 40          
Plan assets at fair value at period end—Significant Plans 993 $ 942     993  
Funded status of the Significant Plans 54       54  
Qualified plans | U.S. | Pension Plans | Significant Plans Measured Quarterly            
Change in plan assets            
Funded status of the Significant Plans (369)       (369)  
Qualified plans | U.S. | Postretirement Benefit Plans | Significant Plans Measured Quarterly            
Change in plan assets            
Funded status of the Significant Plans (247)       (247)  
Qualified plans | Non-U.S. plans | Pension Plans | Significant Plans Measured Quarterly            
Change in plan assets            
Funded status of the Significant Plans 273       273  
Qualified plans | Non-U.S. plans | Postretirement Benefit Plans | Significant Plans Measured Quarterly            
Change in plan assets            
Funded status of the Significant Plans 54       54  
Nonqualified plans | U.S. | Pension Plans | Significant Plans Measured Quarterly            
Change in plan assets            
Funded status of the Significant Plans (713)       (713)  
Nonqualified plans | U.S. | Postretirement Benefit Plans | Significant Plans Measured Quarterly            
Change in plan assets            
Funded status of the Significant Plans 0       0  
Nonqualified plans | Non-U.S. plans | Pension Plans | Significant Plans Measured Quarterly            
Change in plan assets            
Funded status of the Significant Plans 0       0  
Nonqualified plans | Non-U.S. plans | Postretirement Benefit Plans | Significant Plans Measured Quarterly            
Change in plan assets            
Funded status of the Significant Plans $ 0       $ 0