Annual report pursuant to Section 13 and 15(d)

PENSION AND OTHER POSTRETIREMENT BENEFITS (Details 4)

v2.4.0.8
PENSION AND OTHER POSTRETIREMENT BENEFITS (Details 4) (USD $)
In Millions, unless otherwise specified
 1 Months Ended
Dec. 31, 2013
U.S. Plans
Dec. 31, 2012
U.S. Plans
Dec. 31, 2011
U.S. Plans
Dec. 31, 2013
U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
Dec. 31, 2012
U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
Dec. 31, 2013
U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
U.S. Equity
Dec. 31, 2012
U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
U.S. Equity
Dec. 31, 2013
U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
Non-U.S. Equity
Dec. 31, 2012
U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
Non-U.S. Equity
Dec. 31, 2013
U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
Government debt
Dec. 31, 2012
U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
Government debt
Dec. 31, 2013
U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
U.S. Corporate debt
Dec. 31, 2012
U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
U.S. Corporate debt
Dec. 31, 2013
U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
Non-U.S. Corporate debt
Dec. 31, 2012
U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
Non-U.S. Corporate debt
Dec. 31, 2013
U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
Asset/mortgaged backed securities
Dec. 31, 2012
U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
Asset/mortgaged backed securities
Dec. 31, 2013
U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
Net cash equivalents
Dec. 31, 2012
U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
Net cash equivalents
Dec. 31, 2013
U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
Private equity and real estate
Dec. 31, 2013
U.S. Plans
Significant other observable inputs (Level 2)
Dec. 31, 2012
U.S. Plans
Significant other observable inputs (Level 2)
Dec. 31, 2013
U.S. Plans
Significant other observable inputs (Level 2)
U.S. Equity
Dec. 31, 2012
U.S. Plans
Significant other observable inputs (Level 2)
U.S. Equity
Dec. 31, 2013
U.S. Plans
Significant other observable inputs (Level 2)
Non-U.S. Equity
Dec. 31, 2012
U.S. Plans
Significant other observable inputs (Level 2)
Non-U.S. Equity
Dec. 31, 2013
U.S. Plans
Significant other observable inputs (Level 2)
Government debt
Dec. 31, 2012
U.S. Plans
Significant other observable inputs (Level 2)
Government debt
Dec. 31, 2013
U.S. Plans
Significant other observable inputs (Level 2)
U.S. Corporate debt
Dec. 31, 2012
U.S. Plans
Significant other observable inputs (Level 2)
U.S. Corporate debt
Dec. 31, 2013
U.S. Plans
Significant other observable inputs (Level 2)
Derivative instruments
Dec. 31, 2013
U.S. Plans
Significant other observable inputs (Level 2)
Private equity and real estate
Dec. 31, 2013
U.S. Plans
Significant unobservable inputs (Level 3)
Dec. 31, 2012
U.S. Plans
Significant unobservable inputs (Level 3)
Dec. 31, 2011
U.S. Plans
Significant unobservable inputs (Level 3)
Dec. 31, 2013
U.S. Plans
Significant unobservable inputs (Level 3)
Private equity and real estate
Dec. 31, 2012
U.S. Plans
Significant unobservable inputs (Level 3)
Private equity and real estate
Dec. 31, 2013
U.S. Plans
Total
Dec. 31, 2012
U.S. Plans
Total
Dec. 31, 2013
U.S. Plans
Total
U.S. Equity
Dec. 31, 2012
U.S. Plans
Total
U.S. Equity
Dec. 31, 2013
U.S. Plans
Total
Non-U.S. Equity
Dec. 31, 2012
U.S. Plans
Total
Non-U.S. Equity
Dec. 31, 2013
U.S. Plans
Total
Government debt
Dec. 31, 2012
U.S. Plans
Total
Government debt
Dec. 31, 2013
U.S. Plans
Total
U.S. Corporate debt
Dec. 31, 2012
U.S. Plans
Total
U.S. Corporate debt
Dec. 31, 2013
U.S. Plans
Total
Non-U.S. Corporate debt
Dec. 31, 2012
U.S. Plans
Total
Non-U.S. Corporate debt
Dec. 31, 2013
U.S. Plans
Total
Asset/mortgaged backed securities
Dec. 31, 2012
U.S. Plans
Total
Asset/mortgaged backed securities
Dec. 31, 2013
U.S. Plans
Total
Net cash equivalents
Dec. 31, 2012
U.S. Plans
Total
Net cash equivalents
Dec. 31, 2013
U.S. Plans
Total
Derivative instruments
Dec. 31, 2013
U.S. Plans
Total
Private equity and real estate
Dec. 31, 2012
U.S. Plans
Total
Private equity and real estate
Dec. 31, 2013
Non-U.S. Plans
Dec. 31, 2012
Non-U.S. Plans
Dec. 31, 2011
Non-U.S. Plans
Jul. 31, 2012
Non-U.S. Plans
Insurance contract
Dec. 31, 2013
Non-U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
Dec. 31, 2012
Non-U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
Dec. 31, 2013
Non-U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
Government debt
Dec. 31, 2012
Non-U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
Government debt
Dec. 31, 2013
Non-U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
Non-U.S. Corporate debt
Dec. 31, 2013
Non-U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
Net cash equivalents
Dec. 31, 2012
Non-U.S. Plans
Quoted prices in active markets for identical assets (Level 1)
Net cash equivalents
Dec. 31, 2013
Non-U.S. Plans
Significant other observable inputs (Level 2)
Dec. 31, 2012
Non-U.S. Plans
Significant other observable inputs (Level 2)
Dec. 31, 2013
Non-U.S. Plans
Significant other observable inputs (Level 2)
U.S. Equity
Dec. 31, 2012
Non-U.S. Plans
Significant other observable inputs (Level 2)
U.S. Equity
Dec. 31, 2013
Non-U.S. Plans
Significant other observable inputs (Level 2)
Non-U.S. Equity
Dec. 31, 2012
Non-U.S. Plans
Significant other observable inputs (Level 2)
Non-U.S. Equity
Dec. 31, 2013
Non-U.S. Plans
Significant other observable inputs (Level 2)
Government debt
Dec. 31, 2012
Non-U.S. Plans
Significant other observable inputs (Level 2)
Government debt
Dec. 31, 2013
Non-U.S. Plans
Significant other observable inputs (Level 2)
Non-U.S. Corporate debt
Dec. 31, 2013
Non-U.S. Plans
Significant other observable inputs (Level 2)
Derivative instruments
Dec. 31, 2013
Non-U.S. Plans
Significant other observable inputs (Level 2)
Re-insurance
Dec. 31, 2012
Non-U.S. Plans
Significant other observable inputs (Level 2)
Re-insurance
Dec. 31, 2013
Non-U.S. Plans
Significant unobservable inputs (Level 3)
Dec. 31, 2012
Non-U.S. Plans
Significant unobservable inputs (Level 3)
Dec. 31, 2011
Non-U.S. Plans
Significant unobservable inputs (Level 3)
Dec. 31, 2013
Non-U.S. Plans
Significant unobservable inputs (Level 3)
Insurance contract
Dec. 31, 2012
Non-U.S. Plans
Significant unobservable inputs (Level 3)
Insurance contract
Dec. 31, 2013
Non-U.S. Plans
Significant unobservable inputs (Level 3)
Private equity, real estate and insurance
Dec. 31, 2012
Non-U.S. Plans
Significant unobservable inputs (Level 3)
Private equity, real estate and insurance
Dec. 31, 2013
Non-U.S. Plans
Total
Dec. 31, 2012
Non-U.S. Plans
Total
Dec. 31, 2013
Non-U.S. Plans
Total
U.S. Equity
Dec. 31, 2012
Non-U.S. Plans
Total
U.S. Equity
Dec. 31, 2013
Non-U.S. Plans
Total
Non-U.S. Equity
Dec. 31, 2012
Non-U.S. Plans
Total
Non-U.S. Equity
Dec. 31, 2013
Non-U.S. Plans
Total
Government debt
Dec. 31, 2012
Non-U.S. Plans
Total
Government debt
Dec. 31, 2013
Non-U.S. Plans
Total
Non-U.S. Corporate debt
Dec. 31, 2013
Non-U.S. Plans
Total
Net cash equivalents
Dec. 31, 2012
Non-U.S. Plans
Total
Net cash equivalents
Dec. 31, 2013
Non-U.S. Plans
Total
Derivative instruments
Dec. 31, 2013
Non-U.S. Plans
Total
Re-insurance
Dec. 31, 2012
Non-U.S. Plans
Total
Re-insurance
Dec. 31, 2013
Non-U.S. Plans
Total
Private equity, real estate and insurance
Dec. 31, 2012
Non-U.S. Plans
Total
Private equity, real estate and insurance
Pension and other postretirement benefits                                                                                                                                                                                                            
Fair Value of Plan Assets $ 2,445 $ 2,327 $ 2,091     $ 96 $ 113 $ 143 $ 177 $ 325 $ 475 $ 279 $ 203 $ 64 $ 42 $ 12 $ 13 $ 36 [1] $ 35 [1]    [2]     $ 375 $ 542 $ 138 $ 127 $ 455 $ 132 $ 244 $ 191 $ 2 [3]    [2] $ 296 $ 286 $ 266 $ 296 [2] $ 286 [2]     $ 471 $ 655 $ 281 $ 304 $ 780 $ 607 $ 523 $ 394 $ 64 $ 42 $ 12 $ 13 $ 36 [1] $ 35 [1] $ 2 [3] $ 296 [2] $ 286 [2] $ 1,516 $ 1,324 $ 1,200                $ 13 [1] $ 10 [1]     $ 270 $ 251 $ 328 $ 325 $ 120 $ 191 $ 138 $ 24 [3] $ 66 $ 61 $ 557 $ 486 $ 47 $ 440 $ 424 $ 557 [2] $ 486 [2]     $ 270 $ 251 $ 328 $ 325 $ 120 $ 191 $ 138 $ 13 [1] $ 10 [1] $ 24 [3] $ 66 $ 61 $ 557 [2] $ 486 [2]
Total       955 1,058                               1,214 992                     296 286       2,465 2,336                                           13 10           946 828                     557 486           1,516 1,324                            
Pending trade purchases/sales (28) (16)                                                                                                                                                                                                        
Accruals $ 8 [4] $ 7 [4]                                                                                                                                                                                                        
Payment deferment period                                                                                                                       10 years                                                                                    
[1] Cash equivalents include commercial paper, short-term government/agency, mortgage and credit instruments.
[2] The instruments in private equity and real estate funds, for which quoted market prices are not available, are valued at their estimated fair value as determined by applicable investment managers or by audited financial statement of the funds.
[3] Derivative instruments include interest rate swaps, foreign currency forward contracts and credit default swaps.
[4] Interest or dividends that had not been settled as of the year ended December 31.