Employee Benefits (Tables)

6 Months Ended

Jun. 30, 2014

Compensation and Retirement Disclosure [Abstract]

Components of Net Periodic Benefit Cost

The components of net periodic benefit costs for 2014 and 2013 are as follows:

	Three Months Ended June 30						Six Months Ended June 30
	2014			2013			2014			2013
	(Millions of dollars)
Pension Benefits
United States
Service cost	$	112		$	123		$	225		$	247
Interest cost	123			118			247			236
Expected return on plan assets	(197		)	(175		)	(394		)	(350		)
Amortization of prior service (credits)	(2		)	1			(4		)	1
Amortization of actuarial losses	53			122			105			243
Settlement losses	33			57			66			114
Total United States	122			246			245			491
International
Service cost	50			49			97			97
Interest cost	89			82			173			159
Expected return on plan assets	(76		)	(68		)	(152		)	(136		)
Amortization of prior service costs	5			5			10			10
Amortization of actuarial losses	27			39			51			75
Total International	95			107			179			205
Net Periodic Pension Benefit Costs	$	217		$	353		$	424		$	696
Other Benefits*
Service cost	$	12		$	18		$	25		$	36
Interest cost	38			40			75			80
Amortization of prior service costs (credits)	4			(13		)	7			(25		)
Amortization of actuarial losses	1			14			3			27
Net Periodic Other Benefit Costs	$	55		$	59		$	110		$	118

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* Includes costs for U.S. and international OPEB plans. Obligations for plans outside the United States are not significant relative to the company’s total OPEB obligation.