Quarterly report pursuant to Section 13 or 15(d)

PENSION AND OTHER POSTRETIREMENT BENEFITS (Details)

v2.4.0.8
PENSION AND OTHER POSTRETIREMENT BENEFITS (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jul. 01, 2012
Jun. 30, 2013
Jul. 01, 2012
PENSION AND OTHER POSTRETIREMENT BENEFITS        
Defined contribution pension plans $ 14 $ 17 $ 36 $ 44
Pension and other postretirement benefits        
Total defined benefit plans 57 49 147 101
Pension
       
Pension and other postretirement benefits        
Voluntary contribution 38 35 77 73
Mandatory contribution 7 6 44 11
Total defined benefit plans 45 41 121 84
Anticipated additional payments for the remainder of the year     49  
Reduction in expected pension expense     10  
Expected pension expense     87  
Defined benefit pension plans estimated employer contributions in fiscal year     170  
Estimated voluntary contributions     115  
U.S. Plans
       
Components of Net Periodic Benefit Cost        
Service cost 18 15 35 29
Interest cost 23 26 47 52
Expected return on plan assets (42) (39) (84) (78)
Recognized net actuarial loss 15 11 31 23
Net periodic benefit cost 14 13 29 26
U.K. Plans
       
Components of Net Periodic Benefit Cost        
Service cost 5 5 10 11
Interest cost 14 15 28 29
Expected return on plan assets (18) (21) (36) (41)
Recognized net actuarial loss 6 4 12 7
Net periodic benefit cost 7 3 14 6
Other Postretirement Benefits
       
Pension and other postretirement benefits        
Total defined benefit plans 12 8 26 17
Anticipated additional payments for the remainder of the year     21  
Components of Net Periodic Benefit Cost        
Interest cost 4 5 8 10
Amortization of prior service credit   (1)   (2)
Recognized net actuarial loss 1 1 3 2
Net periodic benefit cost $ 5 $ 5 $ 11 $ 10