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Accumulated Other Comprehensive Income (AOCI) (Tables)
3 Months Ended
Mar. 31, 2013
Accumulated Other Comprehensive Income (AOCI) [Abstract]  
Reclassification Out of Accumulated Other Comprehensive Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign

 

Deferred

 

 

 

 

Unrealized

 

 

 

 

 

Currency

 

Gain (Loss)

 

Pension

 

Gain (Loss)

 

 

 

 

 

Translation

 

on Hedging

 

Liability

 

On

 

 

 

 

 

Adjustment

 

Activities

 

Adjustment

 

Investments

 

Total

 

 

(In millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2012

 

$

136 

 

$

 

$

(590)

 

$

 -

 

$

(450)

Other comprehensive income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

before reclassifications

 

 

(148)

 

 

 

 

 

 

(37)

 

 

(167)

Amounts reclassified from AOCI

 

 

 -

 

 

 

 

15 

 

 

 -

 

 

18 

Tax effect

 

 

 

 

(5)

 

 

(1)

 

 

11 

 

 

Net current period other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

comprehensive income

 

 

(145)

 

 

 

 

23 

 

 

(26)

 

 

(141)

Balance at March 31, 2013

 

$

(9)

 

$

11 

 

$

(567)

 

$

(26)

 

$

(591)

 

Details about AOCI Components

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount

 

 

 

 

reclassified

 

Affected line item in the

Details about AOCI components

 

from AOCI

 

consolidated statements of earnings

 

 

(In millions)

 

 

 

 

 

 

 

 

Deferred gain (loss) on hedging activities

 

 

 

 

 

 

 

$

 

Cost of products sold

 

 

 

 

Net sales and other operating income

 

 

 

 

Total before tax

 

 

 

(1)

 

Tax

 

 

$

 

Net of tax

 

 

 

 

 

 

Pension liability adjustment

 

 

 

 

 

Amortization of defined benefit

 

 

 

 

 

pension items:

 

 

 

 

 

Prior service costs

 

$

(4)

 

 

Actuarial gains (losses)

 

 

19 

 

 

 

 

 

15 

 

Total before tax

 

 

 

 -

 

Tax

 

 

 

15 

 

Net of tax