Employee Benefits (Tables)

12 Months Ended

Dec. 31, 2011

Employee Benefits [Abstract]

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

	Primary U.S. and Non-U.S. Defined Benefit Plans						Post-Retirement Plan
(In millions)	2011			2010			2011			2010
Benefit obligations:
Beginning of year	$	905		$	808		$	114		$	112
Service cost		9			11			6			5
Interest cost		47			44			6			6
Employee contributions		1			1			—			—
Plan amendments		(4	)		—			—			—
Acquisitions and transfers		30			3			—			—
Actuarial losses (gains)		67			72			(5	)		(4	)
Benefits paid		(28	)		(28	)		(9	)		(7	)
Expenses paid		(1	)		—			—			—
Settlements		(1	)		(2	)		—			—
Foreign currency translation		(8	)		(4	)		—			—
Adjustment for rounding		—			—			—			2
End of year	$	1,017		$	905		$	112		$	114
Plan assets at fair value:
Beginning of year	$	884		$	828
Actual return on plan assets		50			84
Employer contributions		8			8		$	9		$	7
Acquisitions and transfers		21			(2	)		—			—
Benefits paid		(28	)		(28	)		(9	)		(7	)
Expenses paid		(1	)		—			—			—
Plan settlements		(1	)		(2	)		—			—
Foreign currency translation		(5	)		(4	)		—			—
End of year	$	928		$	884		$	—		$	—
Accrued benefit expense:
Funded status (plan assets less benefit obligations)	$	(89	)	$	(21	)	$	(112	)	$	(114	)
Net accrued benefit expense	$	(89	)	$	(21	)	$	(112	)	$	(114	)

Amounts Recognized In The Consolidated Statement Of Condition

	Primary U.S. and Non-U.S. Defined Benefit Plans						Post- Retirement Plan
(In millions)	2011			2010			2011			2010
Amounts recognized in our consolidated statement of condition as of December 31:
Non-current assets	$	45		$	26
Current liabilities		(1	)		(2	)	$	(6	)	$	(9	)
Non-current liabilities		(133	)		(45	)		(106	)		(105	)
Net accrued amount recognized in statement of condition	$	(89	)	$	(21	)	$	(112	)	$	(114	)
Amounts recognized in accumulated other comprehensive income:
Prior service credit				$	(4	)	$	3		$	4
Net loss	$	(307	)		(242	)		(36	)		(43	)
Accumulated other comprehensive loss		(307	)		(246	)		(33	)		(39	)
Cumulative employer contributions in excess of net periodic benefit cost		218			225			(79	)		(75	)
Net obligation recognized in our consolidated statement of condition	$	(89	)	$	(21	)	$	(112	)	$	(114	)
Accumulated benefit obligation	$	999		$	887
Actuarial assumptions (U.S. Plans):
Used to determine benefit obligations as of December 31:
Discount rate		4.50	%		5.50	%		4.50	%		5.50	%
Rate of increase for future compensation		—			4.50			—			—
Used to determine periodic benefit cost for the years ended December 31:
Discount rate		5.50	%		6.00	%		5.50	%		6.00	%
Rate of increase for future compensation		4.50			4.50			—			—
Expected long-term rate of return on plan assets		7.25			7.25			—			—
Assumed health care cost trend rates as of December 31:
Cost trend rate assumed for next year		—			—			7.80	%		7.62	%
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			2026

Expected Benefit Payments

(In millions)	Primary U.S. and  Non-U.S. Defined Benefit Plans		Non- Qualified SERPs		Post-Retirement Plan
2012	$	33	$	27	$	6
2013		33		13		6
2014		34		12		7
2015		35		14		7
2016		27		13		7
2017-2021		169		59		35

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 pooled investment funds:
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

Fair Value Measurements on a Recurring Basis as of December 31, 2010
(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			$	120			$	120
Domestic small cap equity				15				15
Developed international equities				67				67
Emerging markets equity				38				38
Investment grade fixed-income				308				308
High yield fixed-income				31				31
Real estate investment trusts				21				21
Alternative investments (commingled fund)				—	$	5		5
Alternative investments (fund of funds)				—		14		14
Private equity				—		2		2
Cash				9		—		9
Total U.S. Pension Plan		—		609		21		630
U.K. Pension Plan
Investments in insurance vehicles:
Developed international equity				33		—		33
U.K. fixed-income				144		—		144
Emerging market index				8		—		8
Alternative investments				—		33		33
Total U.K. pension plan		—		185		33		218
Other Non-U.S. Pension Plans (Excluding U.K.)
Insurance group annuity contracts				—		36		36
Total Other Non-U.S. Pension Plans (Excluding U.K.)		—		—		36		36
Total assets carried at fair value		—	$	794	$	90	$	884

Fair Value Measurements Using Significant Unobservable Inputs

Fair Value Measurements Using Significant Unobservable Inputs Year Ended December 31, 2011
	U.S. Pension Plans				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 at December 31, 2010	$	19	$	2	$	33		$	36
Purchases and sales, net		—		—		(1	)		24
Unrealized losses		—		—		—			(3	)
Fair value at December 31, 2011	$	19	$	2	$	32		$	57

Fair Value Measurements Using Significant Unobservable Inputs Year Ended December 31, 2010
	U.S. Pension Plans				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 at December 31, 2009	$	13	$	2	$	24	$	31
Purchases and sales, net		4		—		7		1
Unrealized gains		2		—		2		4
Fair value at December 31, 2010	$	19	$	2	$	33	$	36

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

	Non-Qualified SERPs
(In millions)	2011			2010
Benefit obligations:
Beginning of year	$	165		$	182
Service cost		1			1
Interest cost		8			10
Actuarial gain (losses)		23			(2	)
Benefits paid		(2	)		(2	)
Settlements		(22	)		(24	)
End of year	$	173		$	165
Accrued benefit expense:
Funded status (plan assets less benefit obligations)	$	(173	)	$	(165	)
Net accrued benefit expense	$	(173	)	$	(165	)
Amounts recognized in our consolidated statement of condition as of December 31:
Current liabilities	$	(27	)	$	(27	)
Non-current liabilities		(146	)		(138	)
Net accrued amount recognized in our consolidated statement of condition	$	(173	)	$	(165	)
Amounts recognized in accumulated other comprehensive income:
Net loss	$	(58	)	$	(45	)
Accumulated other comprehensive loss		(58	)		(45	)
Cumulative employer contributions in excess of net periodic benefit cost		(115	)		(120	)
Net obligation recognized in our consolidated statement of condition	$	(173	)	$	(165	)
Accumulated benefit obligation	$	173		$	165
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		—			4.75	%
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.									Post-Retirement
	Defined Benefit Plans									Plan
(In millions)	2011			2010			2009			2011			2010			2009
Components of net periodic benefit cost:
Service cost	$	9		$	11		$	13		$	6		$	5		$	4
Interest cost		47			44			45			6			6			6
Assumed return on plan assets		(58	)		(55	)		(56	)		—			—			—
Amortization of net loss		12			7			6			1			2			1
Net periodic benefit cost		10			7			8			13			13			11
Settlements		—			—			(1	)		—			—			—
Curtailments		—			—			(1	)		—			—			—
Special termination benefits		—			—			—			—			—			1
Total expense	$	10		$	7		$	6		$	13		$	13		$	12
Estimated amounts that will be amortized from accumulated other comprehensive income over the next fiscal year:
Net loss	$	(17	)	$	(13	)	$	(7	)	$	(1	)	$	(2	)	$	(2	)
Estimated amortization	$	(17	)	$	(13	)	$	(7	)	$	(1	)	$	(2	)	$	(2	)

	Non-Qualified SERPs
(In millions)	2011			2010			2009
Components of net periodic benefit cost:
Service cost	$	1		$	1		$	2
Interest cost		8			10			10
Amortization of net loss		3			5			3
Net periodic benefit cost		12			16			15
Settlements		7			8			4
Total expense	$	19		$	24		$	19
Estimated amounts that will be amortized from accumulated other comprehensive income over the next fiscal year:
Net loss	$	(5	)	$	(3	)	$	(5	)
Estimated amortization	$	(5	)	$	(3	)	$	(5	)