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Consolidated and Combined Statements of Comprehensive Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Consolidated and Combined Statements of Comprehensive Income      
Net income (loss) $ 279 $ (3,554) $ (1,434) [1]
Other comprehensive income (loss) items:      
Unrealized (losses) gains on derivatives [2]     (2)
Pension and postretirement (losses) gains [3] (9) (2) (1)
Reclassification to income of realized losses (gains) on derivatives [4]     3
Reclassification to income of realized losses (gains) on pensions [5] 10 11  
Other comprehensive income, net of tax 1 9  
Comprehensive income (loss) $ 280 $ (3,545) $ (1,434)
[1] Net income of $683 million related to operations from January 1, 2014 through the spin-off date of November 30, 2014 was included in Net Parent Company Investment. The net loss of $2,117 million for the month ended December 31, 2014 reflected our accumulated deficit as of that date as a stand-alone company.
[2] Net of tax of zero for 2016 and 2015, respectively, and $1 million for 2014.
[3] Net of tax of zero, $1 million and $1 million for 2016, 2015 and 2014, respectively. See Note 13, Retirement and Postretirement Benefit Plans, for additional information.
[4] Net of tax of zero for 2016 and 2015, respectively, and $(2) million in 2014.
[5] Net of tax of zero, $(7) million and zero for 2016, 2015 and 2014, respectively. See Note 13, Retirement and Postretirement Benefit Plans, for additional information.