XML 35 R17.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Postemployment Benefit Plans | 9 Months Ended
--- | ---
Sep. 30, 2016
Postemployment Benefit Plans |
Postemployment Benefit Plans | Note 10—Postemployment Benefit Plans We maintain certain funded and unfunded defined benefit plans in the U.S., under which benefits have ceased accruing (collectively, the “U.S. Plans”). During the nine months ended September 30, 2016, we permitted certain participants of one of our funded U.S. Plans to elect to receive a payment of retirement benefits in the form of either (a) a lump sum distribution or (b) an annuity starting October 1, 2016. We also maintain defined benefit plans in the United Kingdom, Norway, Nigeria and Indonesia (collectively, the “Non‑U.S. Plans”). During the nine months ended September 30, 2016, benefits ceased accruing under the defined benefit plan in the United Kingdom and certain defined benefit plans in Norway. Additionally, we maintain certain unfunded other postretirement employee benefit plans (collectively, the “OPEB Plans”), under which benefits to eligible participants diminish during a phase‑out period ending December 31, 2025. The components of net periodic benefit costs, before tax, and funding contributions for these plans were as follows (in millions):
|  | Three months ended September 30, 2016 |  | Three months ended September 30, 2015 |
|  | U.S. |  | Non-U.S. |  | OPEB |  |  |  |  | U.S. |  | Non-U.S. |  | OPEB |  |  |  |
|  | Plans |  | Plans |  | Plans |  | Total |  | Plans |  | Plans |  | Plans |  | Total |
Net periodic benefit costs |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Service cost |  | $ | — |  | $ | 3 |  | $ | — |  | $ | 3 |  | $ | 1 |  | $ | 7 |  | $ | 1 |  | $ | 9 |
Interest cost |  |  | 18 |  |  | 4 |  |  | (1) |  |  | 21 |  |  | 17 |  |  | 4 |  |  | 1 |  |  | 22 |
Expected return on plan assets |  |  | (20) |  |  | (6) |  |  | — |  |  | (26) |  |  | (22) |  |  | (7) |  |  | — |  |  | (29) |
Settlements and curtailments |  |  | — |  |  | (5) |  |  | 2 |  |  | (3) |  |  | 2 |  |  | 1 |  |  | 1 |  |  | 4 |
Actuarial losses, net |  |  | 1 |  |  | — |  |  | — |  |  | 1 |  |  | 3 |  |  | 2 |  |  | — |  |  | 5 |
Prior service cost, net |  |  | — |  |  | — |  |  | (2) |  |  | (2) |  |  | — |  |  | — |  |  | (1) |  |  | (1) |
Net periodic benefit costs |  | $ | (1) |  | $ | (4) |  | $ | (1) |  | $ | (6) |  | $ | 1 |  | $ | 7 |  | $ | 2 |  | $ | 10 |
Funding contributions |  | $ | 1 |  | $ | 1 |  | $ | — |  | $ | 2 |  | $ | 9 |  | $ | 2 |  | $ | 3 |  | $ | 14 |
|  | Nine months ended September 30, 2016 |  | Nine months ended September 30, 2015 |
|  | U.S. |  | Non-U.S. |  | OPEB |  |  |  |  | U.S. |  | Non-U.S. |  | OPEB |  |  |  |
|  | Plans |  | Plans |  | Plans |  | Total |  | Plans |  | Plans |  | Plans |  | Total |
Net periodic benefit costs |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Service cost |  | $ | 2 |  | $ | 11 |  | $ | — |  | $ | 13 |  | $ | 4 |  | $ | 20 |  | $ | 1 |  | $ | 25 |
Interest cost |  |  | 52 |  |  | 12 |  |  | — |  |  | 64 |  |  | 49 |  |  | 14 |  |  | 2 |  |  | 65 |
Expected return on plan assets |  |  | (60) |  |  | (18) |  |  | — |  |  | (78) |  |  | (65) |  |  | (21) |  |  | — |  |  | (86) |
Settlements and curtailments |  |  | 1 |  |  | (6) |  |  | — |  |  | (5) |  |  | 2 |  |  | 1 |  |  | 1 |  |  | 4 |
Actuarial losses, net |  |  | 3 |  |  | 2 |  |  | — |  |  | 5 |  |  | 8 |  |  | 7 |  |  | — |  |  | 15 |
Prior service cost, net |  |  | — |  |  | — |  |  | (4) |  |  | (4) |  |  | — |  |  | — |  |  | (1) |  |  | (1) |
Net transition obligation |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1 |  |  | — |  |  | 1 |
Net periodic benefit costs |  | $ | (2) |  | $ | 1 |  | $ | (4) |  | $ | (5) |  | $ | (2) |  | $ | 22 |  | $ | 3 |  | $ | 23 |
Funding contributions |  | $ | 3 |  | $ | 41 |  | $ | 1 |  | $ | 45 |  | $ | 10 |  | $ | 14 |  | $ | 6 |  | $ | 30 |

X
- References No definition available. + Details
Name: | us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 80 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=49170332&loc=SL14450702-114947 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e2410-114920 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 60 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6414203&loc=d3e39675-114964 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 70 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=49170846&loc=d3e28014-114942 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 60 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6414199&loc=d3e39622-114963 + Details
Name: | us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration