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Accumulated Other Comprehensive Loss
9 Months Ended
Sep. 30, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Information Relating to 2017
The tables below summarize changes in accumulated other comprehensive loss recorded on our consolidated balance sheets by component for the three and nine months ended September 30, 2017:
 
Pension Plans
 
Post-Retirement
Benefit Plans
 
Foreign Currency
Translation
Adjustment
and Other
 
Total
 
(Dollars in millions)
Balance at June 30, 2017
$
(1,836
)
 
(156
)
 
(58
)
 
(2,050
)
Other comprehensive income (loss) before reclassifications

 

 
18

 
18

Amounts reclassified from accumulated other comprehensive income
34

 
4

 

 
38

Net current-period other comprehensive income
34

 
4

 
18

 
56

Balance at September 30, 2017
$
(1,802
)
 
(152
)
 
(40
)
 
(1,994
)

 
Pension Plans
 
Post-Retirement
Benefit Plans
 
Foreign Currency
Translation
Adjustment
and Other
 
Total
 
(Dollars in millions)
Balance at December 31, 2016
$
(1,895
)
 
(162
)
 
(60
)
 
(2,117
)
Other comprehensive income (loss) before reclassifications

 

 
20

 
20

Amounts reclassified from accumulated other comprehensive income
93

 
10

 

 
103

Net current-period other comprehensive income
93

 
10

 
20

 
123

Balance at September 30, 2017
$
(1,802
)
 
(152
)
 
(40
)
 
(1,994
)

The tables below present further information about our reclassifications out of accumulated other comprehensive loss by component for the three and nine months ended September 30, 2017:
Three Months Ended September 30, 2017
 
Decrease (Increase)
in Net Income
 
Affected Line Item in Consolidated Statement of
Operations
 
 
(Dollars in millions)
 
 
Amortization of pension & post-retirement plans(1)
 
 
 
 
Net actuarial loss
 
$
51

 
Other income (expense), net
Prior service cost
 
3

 
Other income (expense), net
Total before tax
 
54

 
 
Income tax benefit
 
(16
)
 
Income tax expense
Net of tax
 
$
38

 
 
Nine Months Ended September 30, 2017
 
Decrease (Increase)
in Net Income
 
Affected Line Item in Consolidated Statement of
Operations
 
 
(Dollars in millions)
 
 
Amortization of pension & post-retirement plans(1)
 
 
 
 
Net actuarial loss
 
$
154

 
Other income (expense), net
Prior service cost
 
9

 
Other income (expense), net
Total before tax
 
163

 
 
Income tax benefit
 
(60
)
 
Income tax expense
Net of tax
 
$
103

 
 
________________________________________________________________________
(1) 
See Note 6—Employee Benefits for additional information on our net periodic benefit (expense) income related to our pension and post-retirement plans.
Information Relating to 2016
The tables below summarize changes in accumulated other comprehensive loss recorded on our consolidated balance sheets by component for the three and nine months ended September 30, 2016:
 
Pension Plans
 
Post-Retirement
Benefit Plans
 
Foreign Currency
Translation
Adjustment
and Other
 
Total
 
(Dollars in millions)
Balance at June 30, 2016
$
(1,663
)
 
(174
)
 
(44
)
 
(1,881
)
Other comprehensive income (loss) before reclassifications

 

 
(4
)
 
(4
)
Amounts reclassified from accumulated other comprehensive income
26

 
4

 

 
30

Net current-period other comprehensive income
26

 
4

 
(4
)
 
26

Balance at September 30, 2016
$
(1,637
)
 
(170
)
 
(48
)
 
(1,855
)
 
Pension Plans
 
Post-Retirement
Benefit Plans
 
Foreign Currency
Translation
Adjustment
and Other
 
Total
 
(Dollars in millions)
Balance at December 31, 2015
$
(1,715
)
 
(180
)
 
(39
)
 
(1,934
)
Other comprehensive income (loss) before reclassifications

 

 
(9
)
 
(9
)
Amounts reclassified from accumulated other comprehensive income
78

 
10

 

 
88

Net current-period other comprehensive income
78

 
10

 
(9
)
 
79

Balance at September 30, 2016
$
(1,637
)
 
(170
)
 
(48
)
 
(1,855
)

The tables below present further information about our reclassifications out of accumulated other comprehensive loss by component for the three and nine months ended September 30, 2016:
Three Months Ended September 30, 2016
 
Decrease (Increase)
in Net Income
 
Affected Line Item in Consolidated Statement of
Operations
 
 
(Dollars in millions)
 
 
Amortization of pension & post-retirement plans(1)
 
 
 
 
Net actuarial loss
 
$
44

 
Other income (expense), net
Prior service cost
 
3

 
Other income (expense), net
Total before tax
 
47

 
 
Income tax benefit
 
(17
)
 
Income tax expense
Net of tax
 
$
30

 
 
Nine Months Ended September 30, 2016
 
Decrease (Increase)
in Net Income
 
Affected Line Item in Consolidated Statement of
Operations
 
 
(Dollars in millions)
 
 
Amortization of pension & post-retirement plans(1)
 
 
 
 
Net actuarial loss
 
$
131

 
Other income (expense), net
Prior service cost
 
9

 
Other income (expense), net
Total before tax
 
140

 
 
Income tax benefit
 
(52
)
 
Income tax expense
Net of tax
 
$
88

 
 
________________________________________________________________________
(1) 
See Note 6—Employee Benefits for additional information on our net periodic benefit (expense) income related to our pension and post-retirement plans.