Components of the net periodic benefit costs for the three months ended March 31, 2014 and 2013 were as follows (dollars in millions):
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Defined
Benefit Plans |
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Other
Postretirement
Benefit Plans |
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Three months
ended
March 31, |
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Three months
ended
March 31, |
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2014 |
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2013 |
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2014 |
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2013 |
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Service cost |
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$ |
15 |
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$ |
17 |
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$ |
1 |
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$ |
1 |
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Interest cost |
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37 |
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33 |
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1 |
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1 |
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Expected return on assets |
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(49 |
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(44 |
) |
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— |
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— |
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Amortization of prior service benefit |
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(1 |
) |
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(2 |
) |
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(1 |
) |
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— |
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Amortization of actuarial loss |
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15 |
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21 |
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— |
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— |
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Special termination benefits |
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3 |
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5 |
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— |
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— |
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Settlement loss |
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1 |
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— |
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— |
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— |
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Net periodic benefit cost |
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$ |
21 |
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$ |
30 |
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$ |
1 |
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$ |
2 |
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Components of net periodic benefit costs for the years ended December 31, 2013, 2012 and 2011 were as follows (dollars in millions):
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Defined Benefit Plans |
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U.S. plans |
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Non-U.S. plans |
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2013 |
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2012 |
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2011 |
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2013 |
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2012 |
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2011 |
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Service cost |
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$ |
31 |
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$ |
26 |
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$ |
23 |
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$ |
38 |
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$ |
32 |
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$ |
44 |
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Interest cost |
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40 |
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|
42 |
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44 |
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|
90 |
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|
102 |
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|
110 |
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Expected return on plan assets |
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(50 |
) |
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(48 |
) |
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(47 |
) |
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(124 |
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(133 |
) |
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(140 |
) |
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Amortization of prior service cost |
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(7 |
) |
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(6 |
) |
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(4 |
) |
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1 |
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(1 |
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(2 |
) |
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Amortization of actuarial loss |
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35 |
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21 |
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16 |
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49 |
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28 |
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21 |
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Settlement loss |
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— |
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— |
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— |
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12 |
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13 |
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— |
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Special termination benefits |
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— |
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— |
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— |
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9 |
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— |
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8 |
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Net periodic benefit cost |
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$ |
49 |
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$ |
35 |
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$ |
32 |
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$ |
75 |
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$ |
41 |
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$ |
41 |
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Other Postretirement Benefit Plans |
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U.S. plans |
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Non-U.S. plans |
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2013 |
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2012 |
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2011 |
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2013 |
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2012 |
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2011 |
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Service cost |
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$ |
4 |
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$ |
4 |
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$ |
3 |
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$ |
— |
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$ |
— |
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$ |
— |
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Interest cost |
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5 |
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|
7 |
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|
7 |
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— |
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|
1 |
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|
1 |
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Amortization of prior service cost |
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(2 |
) |
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(3 |
) |
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(3 |
) |
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— |
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— |
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— |
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Amortization of actuarial loss |
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2 |
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2 |
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2 |
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— |
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— |
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— |
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Net periodic benefit cost |
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$ |
9 |
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$ |
10 |
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$ |
9 |
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$ |
— |
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$ |
1 |
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$ |
1 |
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