Assumptions | |||||||
The worldwide weighted-average actuarial assumptions used to determine benefit obligations were: | |||||||
2013 | 2012 | 2011 | |||||
Discount rate | 4.7% | 4.0% | 4.8% | ||||
Long-term rate of compensation increase | 4.1% | 4.1% | 4.2% | ||||
The worldwide weighted-average actuarial assumptions used to determine annual net periodic benefit cost were: | |||||||
2013 | 2012 | 2011 | |||||
Discount rate | 4.1% | 4.8% | 5.4% | ||||
Long-term rate of compensation increase | 4.1% | 4.2% | 4.2% | ||||
Long-term rate of return on plan assets | 8.5% | 8.9% | 8.9% |