EMPLOYEE BENEFIT PLANS (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | 12 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | |||||||
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Sep. 30, 2012
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Sep. 30, 2012
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Sep. 30, 2011
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Dec. 31, 2011
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Dec. 31, 2010
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Dec. 31, 2009
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Sep. 30, 2012
Defined Benefit Plans
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Sep. 30, 2011
Defined Benefit Plans
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Sep. 30, 2012
Defined Benefit Plans
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Sep. 30, 2011
Defined Benefit Plans
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Sep. 30, 2012
Other Postretirement Benefit Plans
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Sep. 30, 2011
Other Postretirement Benefit Plans
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Sep. 30, 2012
Other Postretirement Benefit Plans
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Sep. 30, 2011
Other Postretirement Benefit Plans
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Components of net periodic benefit cost | ||||||||||||||
Service cost | $ 12 | $ 18 | $ 43 | $ 51 | $ 1 | $ 3 | $ 2 | |||||||
Interest cost | 36 | 39 | 109 | 116 | 2 | 2 | 5 | 6 | ||||||
Expected return on assets | (45) | (47) | (136) | (141) | ||||||||||
Amortization of prior service cost | (2) | (2) | (6) | (5) | (1) | (1) | (2) | (2) | ||||||
Amortization of actuarial loss | 13 | 9 | 37 | 26 | 1 | 1 | 1 | |||||||
Settlement loss | 8 | 8 | ||||||||||||
Net periodic benefit cost | 22 | 17 | 55 | 47 | 2 | 2 | 7 | 7 | ||||||
Reduction of pension liability | 23 | |||||||||||||
Contributions to pension and other postretirement benefit plans | 124 | 132 | 14 | 14 | 12 | |||||||||
Expected contributions to pension and other postretirement benefit plans during remainder of 2012 | 31 | 31 | ||||||||||||
Noncash charge related to pension settlement loss | $ 8 |
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- Definition
Represents the reduction of pension liability due to plan change related to Rubicon LLC retirement plan change. No definition available.
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- Definition
Adjustment to remove noncash portion of pension settlements. No definition available.
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- Definition
The amount of gains or losses recognized in net periodic benefit cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of the prior service cost or credit recognized in net periodic benefit cost relating to benefit changes attributable to plan participants' prior service pursuant to a plan amendment or a plan initiation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The employer's best estimate, as soon as it can be reasonably determined, of contributions expected to be paid to the plan in the current remaining fiscal period. Estimated contributions may be presented in the aggregate combining (1) contributions required by funding regulations or laws, (2) discretionary contributions, and (3) noncash contributions. No definition available.
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- Definition
An amount calculated as a basis for determining the extent of delayed recognition of the effects of changes in the fair value of assets. The expected return on plan assets is determined based on the expected long-term rate of return on plan assets and the market-related value of plan assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The total amount of net periodic benefit cost for defined benefit plans for the period. Periodic benefit costs include the following components: service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) due to settlements or curtailments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of net gain (loss) recognized in net periodic benefit cost as a result of an irrevocable action that relieves the employer (or the plan) of primary responsibility for a benefit obligation and eliminates significant risks related to the obligation and the assets used to effect the settlement. Examples of transactions that constitute a settlement include, but are not limited to, lump-sum cash payments to plan participants in exchange for their rights to receive specified benefits and purchasing nonparticipating annuity contracts to cover vested benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of the cost recognized during the period for defined contribution plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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