RETIREMENT BENEFITS (Tables)

6 Months Ended

Jun. 30, 2012

Defined Benefit Plan Disclosure

Retirement benefits, components of net (benefit) expense

	Pension plans						Postretirement plans
	U.S. Plans
					Non-U.S. plans		U.S. plans		Non-U.S. plans
In millions of dollars	Qualified		Non-qualified
Actual year-to-date cash contributions & benefits paid directly by the employer	$	—	$	25	$	75	$	28	$	3
Expected 2012 contributions for the remainder of the year	$	—	$	21	$	137	$	27	$	84

Net Amount Recognized

	Three Months Ended June 30,
	Pension plans												Postretirement benefit plans
	U.S. plans						Non-U.S. plans						U.S. plans						Non-U.S. plans
In millions of dollars	2012			2011			2012			2011			2012			2011			2012			2011
Qualified Plans
Benefits earned during the period	$	3		$	4		$	50		$	59		$	—		$	—		$	7		$	9
Interest cost on benefit obligation		141			155			94			110			11			14			30			35
Expected return on plan assets		(224	)		(222	)		(103	)		(122	)		(1	)		(2	)		(29	)		(36	)
Amortization of unrecognized
Net transition obligation		—			—			—			(1	)		—			—			—			—
Prior service cost (benefit)		—			—			1			1			(1	)		(1	)		—			—
Net actuarial loss		24			17			20			23			—			5			7			7
Curtailment (gain) loss		—			—			8			(3	)		—			—			—			—
Net qualified plans (benefit) expense	$	(56	)	$	(46	)	$	70		$	67		$	9		$	16		$	15		$	15
Nonqualified plans expense	$	10		$	10		$	—		$	—		$	—		$	—		$	—		$	—
Total net (benefit) expense	$	(46	)	$	(36	)	$	70		$	67		$	9			16		$	15		$	15

	Six Months Ended June 30,
	Pension plans												Postretirement benefit plans
	U.S. plans						Non-U.S. plans						U.S. plans						Non-U.S. plans
In millions of dollars	2012			2011			2012			2011			2012			2011			2012			2011
Qualified Plans
Benefits earned during the period	$	6		$	8		$	100		$	101		$	—		$	—		$	14		$	15
Interest cost on benefit obligation		282			310			184			195			22			29			58			61
Expected return on plan assets		(448	)		(444	)		(201	)		(216	)		(2	)		(4	)		(54	)		(61	)
Amortization of unrecognized
Net transition obligation		—			—			—			(1	)		—			—			—			—
Prior service cost (benefit)		—			—			2			2			(1	)		(2	)		—			—
Net actuarial loss		48			34			39			37			2			8			13			12
Curtailment (gain) loss		—			—			8			—			—			—			—			—
Net qualified plans (benefit) expense	$	(112	)	$	(92	)	$	132		$	118		$	21		$	31		$	31			27
Nonqualified plans expense	$	20		$	20		$	—		$	—		$	—		$	—		$	—		$	—
Total net (benefit) expense	$	(92	)	$	(72	)	$	132		$	118		$	21		$	31		$	31		$	27

Postemployment Plans

Defined Benefit Plan Disclosure

Retirement benefits, components of net (benefit) expense

	Postemployment plans (U.S. only)
	Three months ended June 30,				Six months ended June 30,
In millions of dollars	2012		2011		2012		2011
Service cost	$	12	$	10	$	24	$	19
Interest cost		3		3		7		6
Expected return on assets		—		—		—		—
Prior service cost		2		2		4		4
Net actuarial loss		3		2		6		5
Net expense recognized	$	20	$	17	$	41	$	34