Employee Benefits (Tables)

12 Months Ended

Dec. 31, 2012

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Combined Information For The U.S. And Non-U.S. Defined Benefit Plans And Post-Retirement Plan

The following tables present combined information for the U.S. and non-U.S. defined benefit plans, and information for the post-retirement plan, as of the December 31 measurement date:

	Primary U.S. and Non-U.S. Defined Benefit Plans						Post-Retirement Plan
December 31,	2012			2011			2012			2011
(In millions)
Benefit obligations:
Beginning of year	$	1,017		$	905		$	112		$	114
Service cost	11			9			6			6
Interest cost	45			47			5			6
Employee contributions	1			1			—			—
Plan amendments	(2		)	(4		)	—			—
Acquisitions and transfers	—			30			—			—
Actuarial losses (gains)	85			67			14			(5		)
Benefits paid	(36		)	(28		)	(6		)	(9		)
Expenses paid	(1		)	(1		)	—			—
Settlements	(1		)	(1		)	—			—
Special termination benefits	—			—			1			—
Foreign currency translation	10			(8		)	—			—
End of year	$	1,129		$	1,017		$	132		$	112
Plan assets at fair value:
Beginning of year	$	928		$	884		$	—		$	—
Actual return on plan assets	70			50			—			—
Employer contributions	104			8			6			9
Acquisitions and transfers	—			21			—			—
Benefits paid	(36		)	(28		)	(6		)	(9		)
Expenses paid	(1		)	(1		)	—			—
Plan settlements	(1		)	(1		)	—			—
Foreign currency translation	11			(5		)	—			—
End of year	$	1,075		$	928		$	—		$	—
Accrued benefit expense:
Funded status (plan assets less benefit obligations)	$	(54	)	$	(89	)	$	(132	)	$	(112	)
Net accrued benefit expense	$	(54	)	$	(89	)	$	(132	)	$	(112	)

Amounts Recognized In The Consolidated Statement Of Condition

	Primary U.S. and Non-U.S. Defined Benefit Plans						Post- Retirement Plan
(In millions)	2012			2011			2012			2011
Amounts recognized in consolidated statement of condition as of December 31:
Non-current assets	$	40		$	45		$	—		$	—
Current liabilities	(1		)	(1		)	(8		)	(6		)
Non-current liabilities	(93		)	(133		)	(124		)	(106		)
Net accrued amount recognized in statement of condition	$	(54	)	$	(89	)	$	(132	)	$	(112	)
Amounts recognized in accumulated other comprehensive income:
Prior service credit	$	—		$	—		$	3		$	3
Net loss	(365		)	(307		)	(49		)	(36		)
Accumulated other comprehensive loss	(365		)	(307		)	(46		)	(33		)
Cumulative employer contributions in excess of net periodic benefit cost	311			218			(86		)	(79		)
Net obligation recognized in our consolidated statement of condition	$	(54	)	$	(89	)	$	(132	)	$	(112	)
Accumulated benefit obligation	$	1,105		$	999		$	—		$	—
Actuarial assumptions (U.S. Plans):
Used to determine benefit obligations as of December 31:
Discount rate	3.75		%	4.50		%	3.75		%	4.50		%
Used to determine periodic benefit cost for the years ended December 31:
Discount rate	4.50		%	5.50		%	4.50		%	5.50		%
Rate of increase for future compensation	—			4.50			—			—
Expected long-term rate of return on plan assets	6.75			7.25			—			—
Assumed health care cost trend rates as of December 31:
Cost trend rate assumed for next year	—			—			8.08		%	7.80		%
Rate to which the cost trend rate is assumed to decline	—			—			4.50			4.50
Year that the rate reaches the ultimate trend rate	—			—			2029			2029

Expected Benefit Payments

The following table presents expected benefit payments for the next ten years:

(In millions)	Primary U.S. and Non-U.S. Defined Benefit Plans		Non- Qualified SERPs		Post-Retirement Plan
2013	$	33	$	15	$	8
2014	34		14		8
2015	36		15		8
2016	37		14		8
2017	27		13		8
2018-2022	183		59		43

Plan's Assets Measured At Fair Value On A Recurring Basis

	Fair-Value Measurements on a Recurring Basis as of December 31, 2011
(In millions)	Quoted Market Prices in Active Markets (Level 1)		Pricing Methods with Significant Observable Market Inputs (Level 2)		Pricing Methods with Significant Unobservable Market Inputs (Level 3)		Total Net Carrying Value
Assets:
U.S. Pension Plan
Investments in pooled investment funds:
Domestic large cap equity	—		$	129	$	—	$	129
Domestic small cap equity	—		14		—		14
Developed international equities	—		62		—		62
Emerging markets equity	—		28		—		28
Investment grade fixed-income	—		311		—		311
High yield fixed-income	—		26		—		26
Real estate investment trusts	—		23		—		23
Alternative investments (commingled fund)	—		—		5		5
Alternative investments (fund of funds)	—		—		14		14
Private equity	—		—		2		2
Cash	—		6		—		6
Total U.S. Pension Plan	—		599		21		620
U.K. Pension Plan
Investments in insurance vehicles:
Developed international equity	—		24		—		24
U.K. fixed-income	—		187		—		187
Emerging market index	—		8		—		8
Alternative investments	—		—		32		32
Total U.K. Pension Plan	—		219		32		251
Other Non-U.S. Pension Plans (Excluding U.K.)
Insurance group annuity contracts	—		—		57		57
Total Other Non-U.S. Pension Plans (Excluding U.K.)	—		—		57		57
Total assets carried at fair value	$	—	$	818	$	110	$	928

The following tables present, by level within the fair value hierarchy prescribed by GAAP, the plans’ assets measured at fair value on a recurring basis, and activity related to assets categorized in level 3, as of the dates and for the periods indicated:

	Fair-Value Measurements on a Recurring Basis as of December 31, 2012
(In millions)	Quoted Market Prices in Active Markets (Level 1)	Pricing Methods with Significant Observable Market Inputs (Level 2)		Pricing Methods with Significant Unobservable Market Inputs (Level 3)		Total Net Carrying Value
Assets:
U.S. Pension Plan
Investments in pooled investment funds:
Domestic large cap equity	—	$	144	$	—	$	144
Domestic small cap equity	—	16		—		16
Developed international equities	—	80		—		80
Emerging markets equity	—	42		—		42
Investment grade fixed-income	—	390		—		390
High yield fixed-income	—	32		—		32
Real estate investment trusts	—	24		—		24
Alternative investments (commingled fund)	—	—		5		5
Alternative investments (fund of funds)	—	—		14		14
Private equity	—	—		2		2
Cash	—	10		—		10
Total U.S. Pension Plan	—	738		21		759
U.K. Pension Plan
Investments in pooled investment funds:
Developed international equity	—	30		—		30
U.K. fixed-income	—	177		—		177
Emerging market index	—	9		—		9
Alternative investments	—	—		39		39
Total U.K. Pension Plan	—	216		39		255
Other Non-U.S. Pension Plans (Excluding U.K.)
Insurance group annuity contracts	—	—		61		61
Total Other Non-U.S. Pension Plans (Excluding U.K.)	—	—		61		61
Total assets carried at fair value	—	$	954	$	121	$	1,075

Fair Value Measurements Using Significant Unobservable Inputs

	Fair-Value Measurements Using Significant Unobservable Inputs Year Ended December 31, 2011
	U.S. Pension Plan				U.K. Pension Plan			Non-U.S. Pension Plans (Excluding U.K.)
(In millions)	Alternative Investments		Private Equity		Alternative Investments			Insurance group annuity contract
Assets:
Fair value as of December 31, 2010	$	19	$	2	$	33		$	36
Purchases and sales, net	—		—		(1		)	24
Unrealized losses	—		—		—			(3		)
Fair value as of December 31, 2011	$	19	$	2	$	32		$	57

	Fair-Value Measurements Using Significant Unobservable Inputs Year Ended December 31, 2012
	U.S. Pension Plan				U.K. Pension Plan		Non-U.S. Pension Plans (Excluding U.K.)
(In millions)	Alternative Investments		Private Equity		Alternative Investments		Insurance group annuity contract
Assets:
Fair value as of December 31, 2011	$	19	$	2	$	32	$	57
Purchases and sales, net	—		—		3		4
Unrealized gains	—		—		4		—
Fair value as of December 31, 2012	$	19	$	2	$	39	$	61

Defined Pension Benefits In Excess Of Qualified Plan Limits, Information For The SERPs

The following table presents information for the SERPs for the years ended December 31:

	Non-Qualified SERPs
(In millions)	2012			2011
Benefit obligations:
Beginning of year	$	173		$	165
Service cost	1			1
Interest cost	7			8
Actuarial gain	13			23
Benefits paid	(2		)	(2		)
Settlements	(20		)	(22		)
End of year	$	172		$	173
Accrued benefit expense:
Funded status (plan assets less benefit obligations)	$	(172	)	$	(173	)
Net accrued benefit expense	$	(172	)	$	(173	)
Amounts recognized in consolidated statement of condition as of December 31:
Current liabilities	$	(15	)	$	(27	)
Non-current liabilities	(157		)	(146		)
Net accrued amount recognized in our consolidated statement of condition	$	(172	)	$	(173	)
Amounts recognized in accumulated other comprehensive income:
Net loss	$	(59	)	$	(58	)
Accumulated other comprehensive loss	(59		)	(58		)
Cumulative employer contributions in excess of net periodic benefit cost	(113		)	(115		)
Net obligation recognized in our consolidated statement of condition	$	(172	)	$	(173	)
Accumulated benefit obligation	$	172		$	173
Actuarial assumptions:
Assumptions used to determine benefit obligations and periodic benefit costs are consistent with those noted for the post-retirement plan, with the following exceptions:
Rate of increase for future compensation—SERPs	—		%	—		%
Rate of increase for future compensation—Executive SERPs	10.00			10.00

The Actuarially Determined Expense For U.S. And Non-U.S. Defined Benefit Plans, Post-Retirement Plan And SERPs

The following table presents the actuarially determined expense for our U.S. and non-U.S. defined benefit plans, post-retirement plan and SERPs for the years ended December 31:

	Primary U.S. and Non-U.S. Defined Benefit Plans									Post-Retirement Plan
Years Ended December 31,	2012			2011			2010			2012			2011			2010
(In millions)
Components of net periodic benefit cost:
Service cost	$	11		$	9		$	11		$	6		$	6		$	5
Interest cost	45			47			44			5			6			6
Assumed return on plan assets	(59		)	(58		)	(55		)	—			—			—
Amortization of prior service cost	(2		)	—			—			—			—			—
Amortization of net loss	17			12			7			1			1			2
Net periodic benefit cost	12			10			7			12			13			13
Special termination benefits	—			—			—			1			—			—
Total expense	$	12		$	10		$	7		$	13		$	13		$	13
Estimated amounts that will be amortized from accumulated other comprehensive income over the next fiscal year:
Net loss	$	(24	)	$	(17	)	$	(13	)	$	(2	)	$	(1	)	$	(2	)
Estimated amortization	$	(24	)	$	(17	)	$	(13	)	$	(2	)	$	(1	)	$	(2	)

	Non-Qualified SERPs
Years Ended December 31,	2012			2011			2010
(In millions)
Components of net periodic benefit cost:
Service cost	$	1		$	1		$	1
Interest cost	7			8			10
Amortization of net loss	5			3			5
Net periodic benefit cost	13			12			16
Settlements	6			7			8
Total expense	$	19		$	19		$	24
Estimated amounts that will be amortized from accumulated other comprehensive income over the next fiscal year:
Net loss	$	(6	)	$	(5	)	$	(3	)
Estimated amortization	$	(6	)	$	(5	)	$	(3	)