RETIREMENT BENEFITS (Tables)

9 Months Ended

Sep. 30, 2012

Defined Benefit Plan Disclosure

Retirement benefits, components of net (benefit) expense

	Three Months Ended September 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		$	3		$	50		$	51		$	—		$	—		$	7		$	7
Interest cost on benefit obligation		141			153			93			97			11			13			29			30
Expected return on plan assets		(224	)		(222	)		(101	)		(108	)		(1	)		(1	)		(27	)		(31	)
Amortization of unrecognized
Net transition obligation		—			—			—			—			—			—			—			—
Prior service cost (benefit)		—			—			1			1			—			—			—			—
Net actuarial loss		24			16			19			18			1			—			6			6
Curtailment (gain) loss		—			—			4			29			—			—			—			—
Net qualified plans (benefit) expense	$	(56	)	$	(50	)	$	66		$	88		$	11		$	12		$	15		$	12
Net nonqualified plans expense	$	11		$	10		$	—		$	—		$	—		$	—		$	—		$	—
Total net (benefit) expense	$	(45	)	$	(40	)	$	66		$	88		$	11		$	12		$	15		$	12

	Nine Months Ended September 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	$	9		$	11		$	150		$	152		$	—		$	—		$	21		$	22
Interest cost on benefit obligation		423			463			277			292			33			42			87			91
Expected return on plan assets		(672	)		(666	)		(302	)		(324	)		(3	)		(5	)		(81	)		(92	)
Amortization of unrecognized
Net transition obligation		—			—			—			(1	)		—			—			—			—
Prior service cost (benefit)		—			—			3			3			(1	)		(2	)		—			—
Net actuarial loss		72			50			58			55			3			8			19			18
Curtailment (gain) loss		—			—			12			29			—			—			—			—
Net qualified plans (benefit) expense	$	(168	)	$	(142	)	$	198		$	206		$	32		$	43		$	46		$	39
Net nonqualified plans expense	$	31		$	30		$	—		$	—		$	—		$	—		$	—		$	—
Total net (benefit) expense	$	(137	)	$	(112	)	$	198		$	206		$	32		$	43		$	46		$	39

Contributions

	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	$	—	$	35	$	213	$	41	$	4
Expected 2012 contributions for the remainder of the year	$	—	$	11	$	100	$	14	$	86

Postemployment Plans

Defined Benefit Plan Disclosure

Retirement benefits, components of net (benefit) expense

	Postemployment plans (U.S. only)
	Three Months Ended September 30,				Nine months Ended September 30,
In millions of dollars	2012		2011		2012		2011
Service cost	$	12	$	10	$	36	$	29
Interest cost		4		3		11		9
Expected return on assets		—		—		—		—
Prior service cost		2		2		6		6
Net actuarial loss		3		2		9		6
Net expense recognized	$	21	$	17	$	62	$	50