RETIREMENT BENEFITS (Tables)

3 Months Ended

Mar. 31, 2013

Defined Benefit Plan Disclosure

Retirement benefits, components of net (benefit) expense

	Three Months Ended March 31,
	Pension plans												Postretirement benefit plans
	U.S. plans						Non-U.S. plans						U.S. plans						Non-U.S. plans
In millions of dollars	2013			2012			2013			2012			2013			2012			2013			2012
Qualified Plans
Benefits earned during the year	$	3		$	3		$	54		$	50		$	—		$	—		$	10		$	7
Interest cost on benefit obligation		126			141			95			90			9			11			37			28
Expected return on plan assets		(214	)		(224	)		(101	)		(98	)		(1	)		(1	)		(31	)		(25	)
Amortization of unrecognized
Prior service cost (benefit)		(1	)		—			1			1			—			—			—			—
Net actuarial loss		31			24			22			19			—			2			11			6
Net qualified plans (benefit) expense	$	(55	)	$	(56	)	$	71		$	62		$	8		$	12		$	27		$	16
Nonqualified plans expense	$	12		$	10		$	—		$	—		$	—		$	—		$	—		$	—
Total net (benefit) expense	$	(43	)	$	(46	)	$	71		$	62		$	8		$	12		$	27		$	16

Contributions

	Pension plans								Postretirement benefit plans
	U.S. plans(1)				Non-U.S. plans				U.S. plans				Non-U.S. plans
In millions of dollars	2013		2012		2013		2012		2013		2012		2013		2012
Company contributions(2) for the three months ended March 31	$	10	$	11	$	98	$	47	$	14	$	14	$	170	$	2
Company contributions expected for the remainder of the year	$	35	$	35	$	121	$	204	$	43	$	41	$	7	$	93

(1)

The U.S. pension plans include qualified and nonqualified plans.

(2)

Company contributions are composed of cash contributions made to the plans and benefits paid directly to participants by the Company.

Postemployment Plans

Defined Benefit Plan Disclosure

Retirement benefits, components of net (benefit) expense

	Three Months Ended March 31,
In millions of dollars	2013		2012
Service related expense
Benefits earned during the year	$	7	$	6
Interest cost on benefit obligation		3		3
Amortization of unrecognized
Prior service cost		2		2
Net actuarial loss		3		3
Total service related expense	$	15	$	14
Non-service related expense	$	7	$	7
Total net expense	$	22	$	21