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Stockholders' Deficit and Noncontrolling Interest (Tables)
12 Months Ended
Dec. 31, 2014
Stockholders' Deficit and Noncontrolling Interest  
Schedule of shares repurchased and retired

 

 

 

2014

 

2013

 

2012

 

 

 

(Amounts in Millions,
Except Per Share Amounts)

 

Total cost of repurchased and retired shares

 

$

1,386 

 

$

4,000 

 

$

5,148 

 

Average price per share

 

$

73.82 

 

$

57.54 

 

$

48.24 

 

Number of shares repurchased and retired

 

 

19 

 

 

70 

 

 

107 

 

 

Schedule of components of other comprehensive income (loss)

 

 

 

2014

 

2013

 

2012

 

 

 

Pre-tax
Amount

 

Tax
Benefit
(Expense)

 

Net
Amount

 

Pre-tax
Amount

 

Tax
Benefit
(Expense)

 

Net
Amount

 

Pre-tax
Amount

 

Tax
Benefit
(Expense)

 

Net
Amount

 

 

 

(Dollars in Millions)

 

Defined benefit plans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gains (losses) related to changes in plan experience and actuarial assumptions arising during the period

 

$

(78

)

$

29

 

$

(49

)

$

35

 

$

(13

)

$

22

 

$

(73

)

$

28

 

$

(45

)

Prior service credit arising during the period

 

 

33

 

 

(12

)

 

21

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of amounts resulting from changes in plan experience and actuarial assumptions recognized as periodic benefit cost (1)           

 

 

16

 

 

(6

)

 

10

 

 

66

 

 

(28

)

 

38

 

 

19

 

 

(7

)

 

12

 

Amortization of amounts resulting from changes in plan provisions recognized as periodic benefit cost (1)

 

 

 

 

 

 

 

 

2

 

 

(1

)

 

1

 

 

 

 

 

 

 

Cash flow hedges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized gains (losses) arising during the period

 

 

(142

)

 

55

 

 

(87

)

 

129

 

 

(49

)

 

80

 

 

(16

)

 

6

 

 

(10

)

Reclassification adjustments included in "Other, net"

 

 

189

 

 

(72

)

 

117

 

 

(80

)

 

31

 

 

(49

)

 

(11

)

 

4

 

 

(7

)

Foreign currency translation adjustments

 

 

(146

)

 

38

 

 

(108

)

 

(223

)

 

50

 

 

(173

)

 

(53

)

 

21

 

 

(32

)

Available for sale securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized holding losses on securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(7

)

 

3

 

 

(4

)

Reclassification adjustment for net losses recognized during period in "Other, net"

 

 

 

 

 

 

 

 

2

 

 

(1

)

 

1

 

 

 

 

 

 

—  

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Other comprehensive loss

 

$

(128

)

$

32

 

$

(96

)

$

(69

)

$

(11

)

$

(80

)

$

(141

)

$

55

 

$

(86

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  


(1)

Amortization of accumulated other comprehensive income components related to defined benefits plans are included in the computation of net period pension costs (See Note 14).

 

Schedule of changes in the components of accumulated other comprehensive income (loss)

 

 

 

Defined
Benefit Plan
Items

 

Gains (Losses)
on Cash
Flow Hedges

 

Foreign
Currency
Items

 

Unrealized
Gains
(Losses)
on Available
for Sale
Securities

 

Accumulated
Other
Comprehensive
Loss

 

 

 

(Dollars in Millions)

 

Balance as of January 1, 2012

 

$

(151

)

$

 

$

(8

)

$

3

 

$

(156

)

Other comprehensive loss

 

 

(33

)

 

(17

)

 

(32

)

 

(4

)

 

(86

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Balance as of December 31, 2012

 

 

(184

)

 

(17

)

 

(40

)

 

(1

)

 

(242

)

Other comprehensive income (loss)

 

 

61

 

 

31

 

 

(173

)

 

1

 

 

(80

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Balance as of December 31, 2013

 

 

(123

)

 

14

 

 

(213

)

 

 

 

(322

)

Other comprehensive income (loss)

 

 

(18

)

 

30

 

 

(108

)

 

 

 

(96

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Balance as of December 31, 2014

 

$

(141

)

$

44

 

$

(321

)

$

 

$

(418

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​