Employee Benefits (Tables)

9 Months Ended

Sep. 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 September 30						Nine Months Ended September 30
	2014			2013			2014			2013
	(Millions of dollars)
Pension Benefits
United States
Service cost	$	113		$	124		$	338		$	371
Interest cost	124			117			371			353
Expected return on plan assets	(197		)	(175		)	(591		)	(525		)
Amortization of prior service (credits) costs	(3		)	—			(7		)	1
Amortization of actuarial losses	52			121			157			364
Settlement losses	48			57			114			171
Total United States	137			244			382			735
International
Service cost	46			48			143			145
Interest cost	84			77			257			236
Expected return on plan assets	(75		)	(68		)	(227		)	(204		)
Amortization of prior service costs	6			6			16			16
Amortization of actuarial losses	23			35			74			110
Total International	84			98			263			303
Net Periodic Pension Benefit Costs	$	221		$	342		$	645		$	1,038
Other Benefits*
Service cost	$	13		$	13		$	38		$	49
Interest cost	37			32			112			112
Amortization of prior service costs (credits)	3			(12		)	10			(37		)
Amortization of actuarial losses	2			13			5			40
Net Periodic Other Benefit Costs	$	55		$	46		$	165		$	164

_________________________________

* 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.