Benefit Plans (Tables)

6 Months Ended

Jun. 30, 2015

Net postemployment costs consisted of the following:


	For the Three Months Ended				For the Six Months Ended
	June 30,				June 30,
	2015		2014		2015		2014
	(in millions)

Service cost	$	1	$	2	$	3	$	4
Interest cost		2		1		3		3

Net postemployment costs	$	3	$	3	$	6	$	7

Pension Plans

Components of Net Costs

Net periodic pension cost consisted of the following:


	U.S. Plans						Non-U.S. Plans
	For the Three Months Ended June 30,						For the Three Months Ended June 30,
	2015			2014			2015			2014
	(in millions)

Service cost	$	15		$	13		$	51		$	45
Interest cost		17			16			77			100
Expected return on plan assets		(24	)		(20	)		(119	)		(125	)
Amortization:
Net loss from experience differences		10			7			38			27
Prior service cost ⁽¹⁾		1			1			16			1
Settlement losses ⁽²⁾		10			4			–			5

Net periodic pension cost	$	29		$	21		$	63		$	53


	U.S. Plans						Non-U.S. Plans
	For the Six Months Ended June 30,						For the Six Months Ended June 30,
	2015			2014			2015			2014
	(in millions)

Service cost	$	32		$	28		$	101		$	89
Interest cost		34			33			154			197
Expected return on plan assets		(47	)		(40	)		(238	)		(248	)
Amortization:
Net loss from experience differences		22			15			77			54
Prior service cost ⁽¹⁾		1			1			16			1
Settlement losses ⁽²⁾		13			6			–			10

Net periodic pension cost	$	55		$	43		$	110		$	103

(1)

For the three and six months ended June 30, 2015, amortization of prior service cost includes $17 million of pension curtailment losses related to employees who transitioned to JDE upon the divestiture of our global coffee business. Refer to Note 2, Divestitures and Acquisitions – Divestiture of Coffee Business, for more information.

(2)

For the three and six months ended June 30, 2015, settlement losses include $6 million of pension settlement losses for employees who elected lump-sum payments in connection with our 2014-2018 Restructuring Program. See Note 6, Restructuring Programs, for more information.

Postretirement Benefit Plans

Components of Net Costs

Net postretirement health care costs consisted of the following:


	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2015			2014			2015			2014
	(in millions)

Service cost	$	3		$	3		$	7		$	6
Interest cost		6			6			12			11
Amortization:
Net loss from experience differences		4			1			7			3
Prior service credit		(2	)		(2	)		(4	)		(5	)

Net postretirement health care costs	$	11		$	8		$	22		$	15