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Accumulated Other Comprehensive (Loss) Income (AOCI) (Tables)
6 Months Ended
Jun. 30, 2017
Accumulated Other Comprehensive (Loss) Income (AOCI) [Abstract]  
Summary of AOCI Balances Including Amounts Reclassified from AOCI into Net Income

The changes in the AOCI balances, including amounts reclassified from AOCI into net income, are presented in the table below.

Foreign
currency
translation
Unrealized
gains (losses)
on hedging
instruments
Unrecognized
(losses) gains
and prior service
cost, net
Total
accumulated
other
comprehensive
loss
(in millions)
Balance at December 31, 2016
$
(178
)
$
6
 
$
(554
)
$
(726
)
Other comprehensive income before reclassifications, net of tax
 
71
 
 
1
 
 
 
 
72
 
Amounts reclassified from AOCI, net of tax
 
 
 
(1
)
 
19
 
 
18
 
Net current period other comprehensive income
 
71
 
 
 
 
19
 
 
90
 
Balance at June 30, 2017
$
(107
)
$
6
 
$
(535
)
$
(636
)
Balance at December 31, 2015
$
(101
)
$
(8
)
$
(465
)
$
(574
)
Other comprehensive income before reclassifications, net of tax
 
4
 
 
6
 
 
 
 
10
 
Amounts reclassified from AOCI, net of tax
 
 
 
4
 
 
16
 
 
20
 
Net current period other comprehensive income
 
4
 
 
10
 
 
16
 
 
30
 
Balance at June 24, 2016
$
(97
)
$
2
 
$
(449
)
$
(544
)
Summary of Amounts Reclassified from AOCI into Net Income
Amount Reclassified from AOCI(a)
Second Quarter Ended
First Half Ended
Affected Line Item in the
Unaudited Condensed Consolidated
Statements of Operations
Details About AOCI Components
June 30,
2017
June 24,
2016
June 30,
2017
June 24,
2016
(in millions)
Gain (loss) on hedging instruments:
$
1
 
$
(1
)
$
1
 
$
(4
)
Cost of sales-products
 
1
 
 
(1
)
 
1
 
 
(4
)
Income from continuing operations before income taxes
 
 
 
(2
)
 
 
 
 
Provision for income taxes
$
1
 
$
(3
)
$
1
 
$
(4
)
Income from continuing operations
Amortization of defined benefit pension items:
 
 
 
 
 
 
 
 
 
 
 
 
Net loss
$
(15
)
$
(13
)
$
(30
)
$
(25
)
(b)
 
(15
)
 
(13
)
 
(30
)
 
(25
)
Income from continuing operations before income taxes
 
5
 
 
5
 
 
11
 
 
9
 
Provision for income taxes
$
(10
)
$
(8
)
$
(19
)
$
(16
)
Income from continuing operations
Total reclassification for the period
$
(9
)
$
(11
)
$
(18
)
$
(20
)
Income from continuing operations
(a)Amounts in parenthesis indicate charges to the unaudited condensed consolidated statements of operations.
(b)Amounts related to pension and postretirement benefit plans were reclassified from AOCI and recorded as a component of net periodic benefit cost (see Note 19 for additional information).