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Accumulated Other Comprehensive Losses
 12 Months Ended
Dec. 31, 2016
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:

(Losses) Earnings
At December 31,
(in millions)
2016
 
2015
 
2014
Currency translation adjustments
$
(6,091
)
 
$
(6,129
)
 
$
(3,929
)
Pension and other benefits
(3,565
)
 
(3,332
)
 
(3,020
)
Derivatives accounted for as hedges
97

 
59

 
123

Total accumulated other comprehensive losses
$
(9,559
)
 
$
(9,402
)
 
$
(6,826
)


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 consolidated statements of comprehensive earnings for the years ended December 31, 2016, 2015, and 2014. For the years ended December 31, 2016, 2015, and 2014, $(5) million, $1 million and $5 million of net currency translation adjustment gains/(losses) were transferred from other comprehensive earnings to marketing, administration and research costs in the consolidated statements of earnings, respectively, upon liquidation of subsidiaries. For additional information, see Note 13. Benefit Plans and Note 15. Financial Instruments for disclosures related to PMI's pension and other benefits and derivative financial instruments.