Pension Benefits | ||||||||||||||||||||||||||
2013 | 2012 | 2011 | Other Benefits | |||||||||||||||||||||||
(In millions) | U.S. | Int’l | U.S. | Int’l | U.S. | Int’l | 2013 | 2012 | 2011 | |||||||||||||||||
Weighted average assumptions used to determine benefit obligation: | ||||||||||||||||||||||||||
Discount rate | 4.28 | % | 4.60 | % | 3.44 | % | 4.40 | % | 4.45 | % | 4.70 | % | 4.85 | % | 4.06 | % | 4.90 | % | ||||||||
Rate of compensation increase | 5.00 | % | 4.90 | % | 5.00 | % | 4.50 | % | 5.00 | % | 4.30 | % | 5.00 | % | 5.00 | % | 5.00 | % | ||||||||
Weighted average assumptions used to determine net periodic benefit cost: | ||||||||||||||||||||||||||
Discount rate | 3.79 | % | 4.40 | % | 4.21 | % | 4.70 | % | 5.05 | % | 5.40 | % | 4.06 | % | 4.90 | % | 5.55 | % | ||||||||
Expected long-term return on plan assets | 7.25 | % | (a) | 4.90 | % | 7.75 | % | 5.20 | % | 8.50 | % | 5.86 | % | — | — | — | ||||||||||
Rate of compensation increase | 5.00 | % | 4.50 | % | 5.00 | % | 4.30 | % | 5.00 | % | 5.10 | % | 5.00 | % | 5.00 | % | 5.00 | % | ||||||||
(a) | Effective January 1, 2014, the expected long-term return on U.S. plan assets was changed from 7.25 percent to 6.75 percent. |