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Equity (Tables)
 6 Months Ended
Jul. 02, 2016
Equity [Abstract]  
Schedule of Earnings Per Share
Quarters ended July 2, 2016 and July 4, 2015:
(millions, except per share data)
Net income
attributable to
Kellogg Company
Average
shares
outstanding
Earnings
per share
2016
 
 
 
Basic
$
280

350

$
0.80

Dilutive potential common shares
 
4

(0.01
)
Diluted
$
280

354

$
0.79

2015
 
 
 
Basic
$
223

353

$
0.63

Dilutive potential common shares
 
2

—

Diluted
$
223

355

$
0.63



Year-to-date periods ended July 2, 2016 and July 4, 2015:
(millions, except per share data)
Net income
attributable to
Kellogg Company
Average
shares
outstanding
Earnings
per share
2016
 
 
 
Basic
$
455

350

$
1.30

Dilutive potential common shares
 
4

(0.01
)
Diluted
$
455

354

$
1.29

2015
 
 
 
Basic
$
450

354

$
1.27

Dilutive potential common shares
 
2

(0.01
)
Diluted
$
450

356

$
1.26
Reclassifications Out of AOCI
Reclassifications out of Accumulated Other Comprehensive Income (AOCI) for the quarter and year-to-date periods ended July 2, 2016 consisted of the following:

(millions)
  
  
  
Details about AOCI
components
Amount reclassified
from AOCI
Line item impacted
within Income Statement
 
Quarter ended
July 2, 2016
Year-to-date period ended
July 2, 2016
  
(Gains) losses on cash flow hedges:
 
 
 
Foreign currency exchange contracts
$
—

$
(7
)
COGS
Foreign currency exchange contracts
—

—

SGA
Interest rate contracts
2

8

Interest expense
Commodity contracts
4

7

COGS
 
$
6

$
8

Total before tax
 
(2
)
(3
)
Tax expense (benefit)
 
$
4

$
5

Net of tax
Amortization of postretirement and postemployment benefits:
 
 
 
Net experience loss
$
1

$
2

See Note 9 for further details
Prior service cost
2

2

See Note 9 for further details
 
$
3

$
4

Total before tax
 
—

—

Tax expense (benefit)
 
$
3

$
4

Net of tax
Total reclassifications
$
7

$
9

Net of tax

Reclassifications out of Accumulated Other Comprehensive Income (AOCI) for the quarter and year-to-date periods ended July 4, 2015 consisted of the following:

(millions)
  
  
  
Details about AOCI
components
Amount reclassified
from AOCI
Line item impacted
within Income Statement
 
Quarter ended
July 4, 2015
Year-to-date period ended
July 4, 2015
  
(Gains) losses on cash flow hedges:
 
 
 
Foreign currency exchange contracts
$
(9
)
$
(16
)
COGS
Foreign currency exchange contracts
2

2

SGA
Interest rate contracts
1

1

Interest expense
Commodity contracts
3

6

COGS
 
$
(3
)
$
(7
)
Total before tax
 
—

—

Tax expense (benefit)
 
$
(3
)
$
(7
)
Net of tax
Amortization of postretirement and postemployment benefits:
 
 
 
Net experience loss
$
1

$
2

See Note 9 for further details
Prior service cost
2

5

See Note 9 for further details
 
$
3

$
7

Total before tax
 
(1
)
(2
)
Tax expense (benefit)
 
$
2

$
5

Net of tax
Total reclassifications
$
(1
)
$
(2
)
Net of tax
Summary of Accumulated Other Comprehensive Income (Loss)
Accumulated other comprehensive income (loss) as of July 2, 2016 and January 2, 2016 consisted of the following:
(millions)
July 2,
2016
January 2,
2016
Foreign currency translation adjustments
$
(1,404
)
$
(1,314
)
Cash flow hedges — unrealized net gain (loss)
(70
)
(39
)
Postretirement and postemployment benefits:
 
 
Net experience loss
(14
)
(16
)
Prior service cost
(6
)
(7
)
Total accumulated other comprehensive income (loss)
$
(1,494
)
$
(1,376
)