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Other Comprehensive Earnings
3 Months Ended
Mar. 31, 2016
Other Comprehensive Earnings [Abstract]  
Other Comprehensive Earnings

9.     Other Comprehensive Earnings 



Components of other comprehensive earnings consist of the following:





 

 

 

 

 

 



 

 



 

Three Months Ended March 31,



 

2016

 

2015



 

 

 

 

 

 



 

(Millions)

Foreign currency translation:

 

 

 

 

 

 

Beginning accumulated foreign currency translation

 

$

424 

 

$

983 

Change in cumulative translation adjustment

 

 

51 

 

 

(337)

Income tax benefit (expense)

 

 

(28)

 

 

35 

Ending accumulated foreign currency translation

 

 

447 

 

 

681 

Pension and postretirement benefit plans:

 

 

 

 

 

 

Beginning accumulated pension and postretirement benefits

 

 

(194)

 

 

(204)

Recognition of net actuarial loss and prior service cost in earnings (1)

 

 

 

 

Income tax expense

 

 

(2)

 

 

(2)

Ending accumulated pension and postretirement benefits

 

 

(190)

 

 

(200)

Accumulated other comprehensive earnings, net of tax

 

$

257 

 

$

481 

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(1)  These accumulated other comprehensive earnings components are included in the computation of net periodic benefit cost, which is a component of G&A on the accompanying consolidated comprehensive statements of earnings. See Note 16 for additional details.