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Accumulated Other Comprehensive Losses
9 Months Ended
Sep. 30, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Losses
Accumulated Other Comprehensive Losses:
PMI’s accumulated other comprehensive losses, net of taxes, consisted of the following:
 
(in millions)
 
At September 30, 2014
 
At December 31, 2013
 
At September 30, 2013
Currency translation adjustments
 
$
(3,128
)
 
$
(2,207
)
 
$
(1,724
)
Pension and other benefits
 
(1,968
)
 
(2,046
)
 
(3,188
)
Derivatives accounted for as hedges
 
74

 
63

 
92

Total accumulated other comprehensive losses
 
$
(5,022
)
 
$
(4,190
)
 
$
(4,820
)



Reclassifications from Other Comprehensive Earnings

The movements in accumulated other comprehensive losses and the related tax impact, for each of the components above, that are due to current period activity and reclassifications to the income statement are shown on the condensed consolidated statements of comprehensive earnings for the nine months and three months ended September 30, 2014 and 2013. For additional information, see Note 4. Benefit Plans and Note 6. Financial Instruments for disclosures related to PMI's pension and other benefits, and derivative financial instruments, respectively.