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Retirement Benefits (Tables) | 9 Months Ended
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Sep. 30, 2017
Defined Benefit Plan [Abstract] |
Schedule of Net Benefit Costs |
Significant non-U.S. plans only | Pension Benefits |  | Post-retirement Benefits
For the Three Months Ended September 30, |
(In millions) | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
Service cost | $ | 19 |  |  | $ | 17 |  |  | $ | — |  |  | $ | 1 |
Interest cost | 59 |  |  | 66 |  |  | 1 |  |  | — |
Expected return on plan assets | (143 | ) |  | (137 | ) |  | — |  |  | — |
Amortization of prior service cost | — |  |  | 1 |  |  | — |  |  | — |
Recognized actuarial loss | 33 |  |  | 24 |  |  | — |  |  | — |
Net periodic benefit (credit) cost | $ | (32 | ) |  | $ | (29 | ) |  | $ | 1 |  |  | $ | 1 |
Settlement loss | 1 |  |  | — |  |  | — |  |  | — |
Total (credit) cost | $ | (31 | ) |  | $ | (29 | ) |  | $ | 1 |  |  | $ | 1 |
Significant non-U.S. plans only | Pension Benefits |  | Post-retirement Benefits
For the Nine Months Ended September 30, |
(In millions) | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
Service cost | $ | 56 |  |  | $ | 54 |  |  | $ | — |  |  | $ | 1 |
Interest cost | 173 |  |  | 209 |  |  | 2 |  |  | 2 |
Expected return on plan assets | (418 | ) |  | (430 | ) |  | — |  |  | — |
Amortization of prior service credit | (1 | ) |  | — |  |  | (1 | ) |  | — |
Recognized actuarial loss | 97 |  |  | 72 |  |  | 1 |  |  | — |
Net periodic benefit (credit) cost | $ | (93 | ) |  | $ | (95 | ) |  | $ | 2 |  |  | $ | 3 |
Curtailment gain | (1 | ) |  | (5 | ) |  | — |  |  | — |
Settlement loss | 2 |  |  | 1 |  |  | — |  |  | — |
Total (credit) cost | $ | (92 | ) |  | $ | (99 | ) |  | $ | 2 |  |  | $ | 3 |
The components of the net periodic benefit cost for defined benefit and other post-retirement plans are as follows:
Combined U.S. and significant non-U.S. plans | Pension Benefits |  | Post-retirement Benefits
For the Three Months Ended September 30, |
(In millions) | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
Service cost | $ | 19 |  |  | $ | 43 |  |  | $ | — |  |  | $ | 1 |
Interest cost | 125 |  |  | 132 |  |  | 1 |  |  | — |
Expected return on plan assets | (232 | ) |  | (232 | ) |  | — |  |  | — |
Amortization of prior service cost | — |  |  | 1 |  |  | 1 |  |  | 1 |
Recognized actuarial loss | 42 |  |  | 43 |  |  | — |  |  | — |
Net periodic benefit (credit) cost | $ | (46 | ) |  | $ | (13 | ) |  | $ | 2 |  |  | $ | 2 |
Settlement loss | 1 |  |  | — |  |  | — |  |  | — |
Total (credit) cost | $ | (45 | ) |  | $ | (13 | ) |  | $ | 2 |  |  | $ | 2 |
Combined U.S. and significant non-U.S. plans | Pension Benefits |  | Post-retirement Benefits
For the Nine Months Ended September 30, |
(In millions) | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
Service cost | $ | 56 |  |  | $ | 133 |  |  | $ | — |  |  | $ | 1 |
Interest cost | 371 |  |  | 407 |  |  | 3 |  |  | 3 |
Expected return on plan assets | (686 | ) |  | (715 | ) |  | — |  |  | — |
Amortization of prior service (credit) cost | (1 | ) |  | — |  |  | 2 |  |  | 3 |
Recognized actuarial loss (gain) | 125 |  |  | 127 |  |  | — |  |  | (1 | )
Net periodic benefit (credit) cost | $ | (135 | ) |  | $ | (48 | ) |  | $ | 5 |  |  | $ | 6 |
Curtailment gain | (1 | ) |  | (5 | ) |  | — |  |  | — |
Settlement loss | 2 |  |  | 1 |  |  | — |  |  | — |
Total (credit) cost | $ | (134 | ) |  | $ | (52 | ) |  | $ | 5 |  |  | $ | 6 |
U.S. Plans only | Pension Benefits |  | Post-retirement Benefits
For the Three Months Ended September 30, |
(In millions) | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
Service cost | $ | — |  |  | $ | 26 |  |  | $ | — |  |  | $ | — |
Interest cost | 66 |  |  | 66 |  |  | — |  |  | — |
Expected return on plan assets | (89 | ) |  | (95 | ) |  | — |  |  | — |
Amortization of prior service cost | — |  |  | — |  |  | 1 |  |  | 1 |
Recognized actuarial loss | 9 |  |  | 19 |  |  | — |  |  | — |
Net periodic benefit (credit) cost | $ | (14 | ) |  | $ | 16 |  |  | $ | 1 |  |  | $ | 1 |
U.S. Plans only | Pension Benefits |  | Post-retirement Benefits
For the Nine Months Ended September 30, |
(In millions) | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
Service cost | $ | — |  |  | $ | 79 |  |  | $ | — |  |  | $ | — |
Interest cost | 198 |  |  | 198 |  |  | 1 |  |  | 1 |
Expected return on plan assets | (268 | ) |  | (285 | ) |  | — |  |  | — |
Amortization of prior service cost | — |  |  | — |  |  | 3 |  |  | 3 |
Recognized actuarial loss (gain) | 28 |  |  | 55 |  |  | (1 | ) |  | (1 | )
Net periodic benefit (credit) cost | $ | (42 | ) |  | $ | 47 |  |  | $ | 3 |  |  | $ | 3 |
Schedule of Assumptions Used | The weighted average actuarial assumptions utilized to calculate the net periodic benefit costs for the U.S. and significant non-U.S. defined benefit plans are as follows:
Combined U.S. and significant non-U.S. plans | Pension Benefits |  | Post-retirement Benefits
September 30, | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
Weighted average assumptions: |  |  |  |  |  |  |
Expected return on plan assets | 6.64 | % |  | 7.07 | % |  | — |  |  | — |
Discount rate | 3.40 | % |  | 4.11 | % |  | 3.64 | % |  | 4.12 | %
Rate of compensation increase* | 1.77 | % |  | 2.44 | % |  | — |  |  | — |
*The 2017 assumption does not include a rate of compensation increase for the U.S. defined benefit plans since future benefit accruals were discontinued for those plans after December 31, 2016.

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- Definition Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k) -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920 + Details
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