Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2015

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

The components of discontinued operations recorded on the Consolidated Statements of Income as of December 31, are as follows:

In millions	2014			2013
Operating revenues	$	243		$	365
Operating expenses
Cost of goods sold	149			222
Operation and maintenance (1)	75			110
Depreciation and amortization (2)	5			19
Taxes other than income taxes	5			6
Loss on sale and goodwill impairment (3)	28			—
Total operating expenses	262			357
Operating (loss) income	(19		)	8
(Loss) income before income taxes	(19		)	8
Income tax expense (4)	(61		)	(3		)
(Loss) income from discontinued operations, net of tax	$	(80	)	$	5

(1) Includes $1 million for another business not related to Tropical Shipping that we discontinued in 2014 and was included in our other segment.

(2) We ceased depreciating and amortizing Tropical Shipping’s assets on April 4, 2014.

(3) Primarily relates to the suspension of depreciation and amortization during 2014 totaling $7 million, and $19 million of goodwill attributable to Tropical Shipping that was impaired as of March 31, 2014, based on the negotiated sales price.

(4) Includes $60 million that was recorded in 2014 related to the cumulative foreign earnings for which no tax liabilities had been previously recorded.