Note 8 - Equity

3 Months Ended

Mar. 31, 2014

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

Note 8 - Equity

Our OCI amounts are aggregated within our accumulated other comprehensive loss. The following table provides changes in the components of our accumulated other comprehensive loss balance, net of the related income tax effects.

In millions (1)	Cash flow hedges			Retirement benefit plans			Total
As of December 31, 2012	$	(3	)	$	(215	)	$	(218	)
OCI, before reclassifications		2			-			2
Amounts reclassified from accumulated OCI		2			3			5
As of March 31, 2013		1			(212	)		(211	)
As of December 31, 2013		1			(137	)		(136	)
OCI, before reclassifications		4			-			4
Amounts reclassified from accumulated OCI		(4	)		1			(3	)
As of March 31, 2014	$	1		$	(136	)	$	(135	)

(1) All amounts are net of income taxes. Amounts in parentheses indicate debits to accumulated other comprehensive loss.

The following table provides details of the reclassifications out of accumulated other comprehensive loss and the impact on net income.

	Three months ended March 31,
In millions (1)	2014			2013
Cash flow hedges
Natural gas contracts (2)	$	4		$	-
Interest rate contracts (3)		-			(3	)
Total before income tax		4			(3	)
Income tax benefit		-			1
Total cash flow hedges		4			(2	)
Retirement benefit plan amortization of
Actuarial losses (4)		(2	)		(6	)
Prior service credits (4)		-			1
Total before income tax		(2	)		(5	)
Income tax benefit		1			2
Total retirement benefit plans		(1	)		(3	)
Total reclassification for the period	$	3		$	(5	)

(1) Amounts in parentheses indicate debits, or reductions, to profit/loss and credits to accumulated other comprehensive loss. Except for retirement benefit plan amounts, the profit/loss impacts are immediate.

(2) Amounts included within cost of goods sold.

(3) Amounts included within interest expense, net.

(4) Amortization of these accumulated other comprehensive loss components is included in the computation of net periodic benefit cost. See Note 6 for additional details about net periodic benefit cost.