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Accumulated Other Comprehensive Income (AOCI)
3 Months Ended
Mar. 31, 2014
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Accumulated Other Comprehensive Income (AOCI)
Accumulated Other Comprehensive Income (AOCI)

The following tables set forth the changes in AOCI by component for the three months ended March 31, 2014 and the reclassifications out of AOCI for the three months ended March 31, 2014 and 2013:
 
Three months ended March 31, 2014
 
Foreign Currency Translation Adjustment
 
Deferred Gain (Loss) on Hedging Activities
 
Pension Liability Adjustment
 
Unrealized Gain (Loss) on Investments
 
Total
 
(In millions)
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2013
$
269

 
$
5

 
$
(330
)
 
$
(1
)
 
$
(57
)
Other comprehensive income (loss) before reclassifications
(35
)
 
(128
)
 
1

 
(10
)
 
(172
)
Amounts reclassified from AOCI

 
31

 
5

 

 
36

Tax effect
1

 
33

 
(2
)
 
3

 
35

Net current period other comprehensive income
(34
)
 
(64
)
 
4

 
(7
)
 
(101
)
Balance at March 31, 2014
$
235

 
$
(59
)
 
$
(326
)
 
$
(8
)
 
$
(158
)
 
 
Amount reclassified from AOCI
 
 
 
 
Three months ended
 
 
Details about AOCI components
 
March 31,
2014
 
March 31, 2013
 
Affected line item in the consolidated statement of earnings
 
 
(In millions)
 
 
 
 
 
 
 
 
 
Deferred loss (gain) on hedging activities
 
 
 
 
 
 
 
 
$
4

 
$
2

 
Cost of products sold
 
 
27

 
1

 
Revenues
 
 
31

 
3

 
Total before tax
 
 
(11
)
 
(1
)
 
Tax
 
 
$
20

 
$
2

 
Net of tax
 
 
 
 
 
 
 
Pension liability adjustment
 
 
 
 
 
 
Amortization of defined benefit pension items:
 
 
 
 
 
 
Prior service credit
 
$
(4
)
 
$
(4
)
 
 
Actuarial losses
 
9

 
19

 
 
 
 
5

 
15

 
Total before tax
 
 
(2
)
 

 
Tax
 
 
$
3

 
$
15

 
Net of tax