PENSION AND OTHER POSTRETIREMENT BENEFITS (Details 4) (USD $)
In Millions, unless otherwise specified |
1 Months Ended | |||
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Jul. 31, 2012
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Dec. 31, 2012
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Dec. 31, 2011
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Dec. 31, 2010
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|
Significant unobservable inputs (Level 3)
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||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 424 | |||
U.S. Plans
|
||||
Pension and other postretirement benefits | ||||
Pending trade purchases/sales | (16) | (30) | ||
Accruals | 7 | 7 | ||
Fair Value of Plan Assets | 2,327 | 2,091 | 1,906 | |
U.S. Plans | Quoted prices in active markets for identical assets (Level 1)
|
||||
Pension and other postretirement benefits | ||||
Total | 1,058 | 949 | ||
U.S. Plans | Quoted prices in active markets for identical assets (Level 1) | U.S. Equity
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 113 | 95 | ||
U.S. Plans | Quoted prices in active markets for identical assets (Level 1) | Non-U.S. Equity
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 177 | 149 | ||
U.S. Plans | Quoted prices in active markets for identical assets (Level 1) | Government debt
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 475 | 336 | ||
U.S. Plans | Quoted prices in active markets for identical assets (Level 1) | U.S. Corporate debt
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 203 | 245 | ||
U.S. Plans | Quoted prices in active markets for identical assets (Level 1) | Non-U.S. Corporate debt
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 42 | 54 | ||
U.S. Plans | Quoted prices in active markets for identical assets (Level 1) | Asset/mortgaged backed securities
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 13 | 11 | ||
U.S. Plans | Quoted prices in active markets for identical assets (Level 1) | Net cash equivalents
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 35 | 59 | ||
U.S. Plans | Significant other observable inputs (Level 2)
|
||||
Pension and other postretirement benefits | ||||
Total | 992 | 899 | ||
U.S. Plans | Significant other observable inputs (Level 2) | U.S. Equity
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 542 | 511 | ||
U.S. Plans | Significant other observable inputs (Level 2) | Non-U.S. Equity
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 127 | 168 | ||
U.S. Plans | Significant other observable inputs (Level 2) | Government debt
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 132 | 101 | ||
U.S. Plans | Significant other observable inputs (Level 2) | U.S. Corporate debt
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 191 | 115 | ||
U.S. Plans | Significant other observable inputs (Level 2) | Derivative instruments
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 4 | |||
U.S. Plans | Significant unobservable inputs (Level 3)
|
||||
Pension and other postretirement benefits | ||||
Total | 286 | 266 | ||
Fair Value of Plan Assets | 286 | 266 | 208 | |
U.S. Plans | Significant unobservable inputs (Level 3) | Private equity and real estate
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 286 | 266 | ||
U.S. Plans | Total
|
||||
Pension and other postretirement benefits | ||||
Total | 2,336 | 2,114 | ||
U.S. Plans | Total | U.S. Equity
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 655 | 606 | ||
U.S. Plans | Total | Non-U.S. Equity
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 304 | 317 | ||
U.S. Plans | Total | Government debt
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 607 | 437 | ||
U.S. Plans | Total | U.S. Corporate debt
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 394 | 360 | ||
U.S. Plans | Total | Non-U.S. Corporate debt
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 42 | 54 | ||
U.S. Plans | Total | Asset/mortgaged backed securities
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 13 | 11 | ||
U.S. Plans | Total | Net cash equivalents
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 35 | 59 | ||
U.S. Plans | Total | Private equity and real estate
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 286 | 266 | ||
U.S. Plans | Total | Derivative instruments
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 4 | |||
Non-U.S. Plans
|
||||
Pension and other postretirement benefits | ||||
Payment deferment period | 10 years | |||
Pending trade purchases/sales | (58) | |||
Accruals | 3 | |||
Fair Value of Plan Assets | 1,324 | 1,200 | 1,088 | |
Non-U.S. Plans | Quoted prices in active markets for identical assets (Level 1)
|
||||
Pension and other postretirement benefits | ||||
Total | 10 | 300 | ||
Non-U.S. Plans | Quoted prices in active markets for identical assets (Level 1) | Government debt
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 162 | |||
Non-U.S. Plans | Quoted prices in active markets for identical assets (Level 1) | U.S. Corporate debt
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 17 | |||
Non-U.S. Plans | Quoted prices in active markets for identical assets (Level 1) | Non-U.S. Corporate debt
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 90 | |||
Non-U.S. Plans | Quoted prices in active markets for identical assets (Level 1) | Asset/mortgaged backed securities
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 21 | |||
Non-U.S. Plans | Quoted prices in active markets for identical assets (Level 1) | Net cash equivalents
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 10 | 10 | ||
Non-U.S. Plans | Significant other observable inputs (Level 2)
|
||||
Pension and other postretirement benefits | ||||
Total | 828 | 908 | ||
Non-U.S. Plans | Significant other observable inputs (Level 2) | U.S. Equity
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 251 | 239 | ||
Non-U.S. Plans | Significant other observable inputs (Level 2) | Non-U.S. Equity
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 325 | 253 | ||
Non-U.S. Plans | Significant other observable inputs (Level 2) | Government debt
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 191 | 311 | ||
Non-U.S. Plans | Significant other observable inputs (Level 2) | U.S. Corporate debt
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 9 | |||
Non-U.S. Plans | Significant other observable inputs (Level 2) | Non-U.S. Corporate debt
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 45 | |||
Non-U.S. Plans | Significant other observable inputs (Level 2) | Re-insurance
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 61 | 56 | ||
Non-U.S. Plans | Significant other observable inputs (Level 2) | Derivative instruments
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | (5) | |||
Non-U.S. Plans | Significant unobservable inputs (Level 3)
|
||||
Pension and other postretirement benefits | ||||
Total | 486 | 47 | ||
Fair Value of Plan Assets | 486 | 47 | 40 | |
Non-U.S. Plans | Significant unobservable inputs (Level 3) | Private equity and real estate
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 47 | |||
Non-U.S. Plans | Significant unobservable inputs (Level 3) | Private equity, real estate and insurance
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 486 | |||
Non-U.S. Plans | Total
|
||||
Pension and other postretirement benefits | ||||
Total | 1,324 | 1,255 | ||
Non-U.S. Plans | Total | U.S. Equity
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 251 | 239 | ||
Non-U.S. Plans | Total | Non-U.S. Equity
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 325 | 253 | ||
Non-U.S. Plans | Total | Government debt
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 191 | 473 | ||
Non-U.S. Plans | Total | U.S. Corporate debt
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 26 | |||
Non-U.S. Plans | Total | Non-U.S. Corporate debt
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 135 | |||
Non-U.S. Plans | Total | Asset/mortgaged backed securities
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 21 | |||
Non-U.S. Plans | Total | Net cash equivalents
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 10 | 10 | ||
Non-U.S. Plans | Total | Re-insurance
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 61 | 56 | ||
Non-U.S. Plans | Total | Private equity and real estate
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 47 | |||
Non-U.S. Plans | Total | Private equity, real estate and insurance
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | 486 | |||
Non-U.S. Plans | Total | Derivative instruments
|
||||
Pension and other postretirement benefits | ||||
Fair Value of Plan Assets | $ (5) |