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OTHER COMPREHENSIVE INCOME (LOSS) OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Other Comprehensive Income (Loss) [Abstract]    
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table presents changes in AOCI for the three-month period ended March 31, 2013:

In millions
 
Defined Benefit Pension and Postretirement Items (a)
 
Change in Cumulative Foreign Currency Translation Adjustments (a)
 
Net Gains and Losses on Cash Flow Hedging Derivatives (a)
 
Total (a)
Balance as of January 1, 2013
 
$
(3,596
)
 
$
(246
)
 
$
2

 
$
(3,840
)
Other comprehensive income (loss) before reclassifications
 
—

 
(26
)
 
5

 
(21
)
Amounts reclassified from accumulated other comprehensive income
 
78

 
17

 
3

 
98

Net Current Period Other Comprehensive Income
 
78

 
(9
)
 
8

 
77

Balance as of March 31, 2013
 
$
(3,518
)
 
$
(255
)
 
$
10

 
$
(3,763
)

(a) All amounts are net of tax. Amounts in parentheses indicate debits to AOCI.
The following table presents changes in AOCI for the three-month period ended March 31, 2012:

In millions
 
Defined Benefit Pension and Postretirement Items (a)
 
Change in Cumulative Foreign Currency Translation Adjustments (a)
 
Net Gains and Losses on Cash Flow Hedging Derivatives (a)
 
Total (a)
Balance as of January 1, 2012
 
$
(2,852
)
 
$
(117
)
 
$
(36
)
 
$
(3,005
)
Other comprehensive income (loss) before reclassifications
 
24

 
234

 
27

 
285

Amounts reclassified from accumulated other comprehensive income
 
49

 
(35
)
 
4

 
18

Net Current Period Other Comprehensive Income
 
73

 
199

 
31

 
303

Balance as of March 31, 2012
 
$
(2,779
)
 
$
82

 
$
(5
)
 
$
(2,702
)

(a) All amounts are net of tax. Amounts in parentheses indicate debits to AOCI.
Schedule of Reclassifications out of Accumulated Other Comprehensive Income (Loss)
The following table presents details of the reclassifications out of AOCI for the three-month period ended March 31, 2013:

Details About Accumulated Other Comprehensive Income Components
 
Amount Reclassified from Accumulated Other Comprehensive Income (a)
 
Location of Amount Reclassified from AOCI into Income
In millions
 
 
 
 
Defined benefit pension and postretirement items:
 
 
 
 
Prior-service costs
 
$
(2
)
(b)
Cost of products sold
Actuarial gains/(losses)
 
(125
)
(b)
Cost of products sold
Total pre-tax amount
 
(127
)
 

Tax (expense)/benefit
 
49

 

Net of tax
 
$
(78
)
 

 
 
 
 
 
Change in cumulative foreign currency translation adjustments:
 
 
 
 
Business acquisition/divestitures
 
$
(17
)
 
Net (gains) losses on sales and impairments of businesses
Tax (expense)/benefit
 
—

 
 
Net of tax
 
$
(17
)
 
 
 
 
 
 
 
Net gains and losses on cash flow hedging derivatives:
 
 
 
 
Foreign exchange contracts
 
$
(5
)
(c)
Cost of products sold
Total pre-tax amount
 
(5
)
 

Tax (expense)/benefit
 
2

 

Net of tax
 
(3
)
 

 
 
 
 
 
Total reclassifications for the period
 
$
(98
)
 


(a) Amounts in parentheses indicate debits to earnings/loss.
(b) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 16 for additional details).
(c) This accumulated other comprehensive income component is included in our derivatives and hedging activities (see Note 15 for additional details).
The following table presents details of the reclassifications out of AOCI for the three-month period ended March 31, 2012:

Details About Accumulated Other Comprehensive Income Components
 
Amount Reclassified from Accumulated Other Comprehensive Income (a)
 
Location of Amount Reclassified from AOCI into Income
In millions
 
 
 
 
Defined benefit pension and postretirement items:
 
 
 
 
Prior-service costs
 
$
(1
)
(b)
Cost of products sold
Actuarial gains/(losses)
 
(79
)
(b)
Cost of products sold
Total pre-tax amount
 
(80
)
 

Tax (expense)/benefit
 
31

 

Net of tax
 
$
(49
)
 

 
 
 
 
 
Change in cumulative foreign currency translation adjustments:
 
 
 
 
Business acquisitions/divestitures
 
48

 
Net (gains) losses on sales and impairments of businesses
Tax (expense)/benefit
 
(13
)
 
 
Net of tax
 
35

 
 
 
 
 
 
 
Net gains and losses on cash flow hedging derivatives:
 
 
 
 
Natural gas contracts
 
(7
)
(c)
Cost of products sold
Total pre-tax amount
 
(7
)
 
 
Tax (expense)/benefit
 
3

 
 
Net of tax
 
(4
)
 
 
 
 
 
 
 
Total reclassifications for the period
 
$
(18
)
 
 

(a) Amounts in parentheses indicate debits to earnings/loss.
(b) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 16 for additional details).
(c) This accumulated other comprehensive income component is included in our derivatives and hedging activities (see Note 15 for additional details).