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Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Net income $ 235 $ 434 $ 2,215 $ 2,953
Cumulative translation adjustment (125) (428) (1,405) [1] (559) [1]
Additions and revaluations of derivatives designated as cash flow hedges [2] (22) (3) (36) 23
Clearance of hedge results to earnings 0 (2) 12 29
Net revaluation and clearance of cash flow hedges to earnings (22) (5) (24) 52
Other comprehensive income (loss), before tax 380 (307) (511) (255)
Income tax expense related to items of other comprehensive income (176) (28) (312) (92)
Other comprehensive income (loss), net of tax 204 (335) (823) (347)
Comprehensive income 439 99 1,392 2,606
Less: comprehensive income attributable to noncontrolling interests 0 1 9 11
Comprehensive income attributable to DuPont 439 98 1,383 2,595
Pension Plans [Member]        
Net gain (loss) [2] 634 [3] (5) 628 [3] (107)
Prior service benefit (cost) [2] 0 (1) 0 (1)
Effect of foreign exchange rates [2] 54 0 92 0
Amortization of prior service (benefit) cost [4] (3) 1 (6) 2
Amortization of loss [4] 172 151 591 450
Curtailment gain / settlement loss 37 2 46 8
Benefit plans, net 894 148 1,351 352
Other Long-Term Employee Benefit Plans [Member]        
Net gain (loss) [2] (73) [3] (33) (73) [3] (33)
Prior service benefit (cost) [2] 0 50 0 50
Effect of foreign exchange rates [2] (1) 0 (1) 0
Amortization of prior service (benefit) cost [4] (39) (54) (143) (160)
Amortization of loss [4] 20 15 58 43
Curtailment gain / settlement loss (274) 0 (274) 0
Benefit plans, net $ (367) $ (22) $ (433) $ (100)
[1] The increase in currency translation adjustment losses over prior year for the nine months ended September 30, 2015 is driven by the strengthening USD against primarily the Euro and Brazilian real. The change in both periods is also due to changes in certain foreign entity's functional currency as described in Note 1.
[2] These amounts represent changes in accumulated other comprehensive loss excluding changes due to reclassifying amounts to the interim Consolidated Income Statements.
[3] See Note 13 for discussion of the re-measurement of the principal U.S. pension plan and other long-term employee benefit plans as a result of the Performance Chemicals separation.
[4] These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost of the company's pension and other long-term employee benefit plans. See Note 13 for additional information.