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Note 12 - Retirement Plans and Other Postretirement Benefits (Tables)
6 Months Ended
Jun. 30, 2016
Table [Text Block]  
Schedule of Changes in Projected Benefit Obligations Fair Value of Plan Assets and Funded Status of Plan [Table Text Block]

Components of the net periodic benefit cost for all major U.S. and Non-U.S. defined benefit plans are as follows:

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

(in millions)

 

2016

 

 

2015

 

 

2016

 

 

2015

 

 

 

U.S.

 

 

Non-U.S.

 

 

U.S.

 

 

Non-U.S.

 

 

U.S.

 

 

Non-U.S.

 

 

U.S.

 

 

Non-U.S.

 

Major defined benefit plans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

3

 

 

$

-

 

 

$

4

 

 

$

1

 

 

$

6

 

 

$

1

 

 

$

8

 

 

$

2

 

Interest cost

 

 

28

 

 

 

4

 

 

 

37

 

 

 

5

 

 

 

58

 

 

 

7

 

 

 

74

 

 

 

9

 

Expected return on plan assets

 

 

(66

)

 

 

(7

)

 

 

(68

)

 

 

(8

)

 

 

(131

)

 

 

(14

)

 

 

(136

)

 

 

(16

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service credit

 

 

(1

)

 

 

-

 

 

 

(2

)

 

 

-

 

 

 

(3

)

 

 

-

 

 

 

(4

)

 

 

-

 

Actuarial gain

 

 

2

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2

 

 

 

-

 

 

 

-

 

 

 

(1

)

Net pension income before special

   termination benefits

 

 

(34

)

 

 

(3

)

 

 

(29

)

 

 

(2

)

 

 

(68

)

 

 

(6

)

 

 

(58

)

 

 

(6

)

Special termination benefits

 

 

2

 

 

 

-

 

 

 

1

 

 

 

-

 

 

 

3

 

 

 

-

 

 

 

5

 

 

 

-

 

Net pension income

 

 

(32

)

 

 

(3

)

 

 

(28

)

 

 

(2

)

 

 

(65

)

 

 

(6

)

 

 

(53

)

 

 

(6

)

Other plans including unfunded plans

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2

 

 

 

-

 

 

 

(1

)

 

 

-

 

 

 

4

 

Total net pension income

 

$

(32

)

 

$

(3

)

 

$

(28

)

 

$

-

 

 

$

(65

)

 

$

(7

)

 

$

(53

)

 

$

(2

)