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Accumulated Other Comprehensive Income (AOCI) (Tables)
 9 Months Ended
Sep. 30, 2014
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Reclassification Out of Accumulated Other Comprehensive Income
The following tables set forth the changes in AOCI by component for the three and nine months ended September 30, 2014 and the reclassifications out of AOCI for the three and nine months ended September 30, 2014 and 2013:
 
Three months ended September 30, 2014
 
Foreign Currency Translation Adjustment
 
Deferred Gain (Loss) on Hedging Activities
 
Pension Liability Adjustment
 
Unrealized Gain (Loss) on Investments
 
Total
 
(In millions)
 
 
 
 
 
 
 
 
 
 
Balance at June 30, 2014
$
270

 
$
(12
)
 
$
(323
)
 
$
(5
)
 
$
(70
)
Other comprehensive income (loss) before reclassifications
(462
)
 
(49
)
 
8

 
10

 
(493
)
Amounts reclassified from AOCI
—

 
108

 
6

 
—

 
114

Tax effect
7

 
(23
)
 
(4
)
 
—

 
(20
)
Net current period other comprehensive income
(455
)
 
36

 
10

 
10

 
(399
)
Balance at September 30, 2014
$
(185
)
 
$
24

 
$
(313
)
 
$
5

 
$
(469
)
 
 
 
 
 
 
 
 
 
 
 
Nine months ended September 30, 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 before reclassifications
(462
)
 
(154
)
 
8

 
3

 
(605
)
Amounts reclassified from AOCI
—

 
186

 
16

 
—

 
202

Tax effect
8

 
(13
)
 
(7
)
 
3

 
(9
)
Net current period other comprehensive income
(454
)
 
19

 
17

 
6

 
(412
)
Balance at September 30, 2014
$
(185
)
 
$
24

 
$
(313
)
 
$
5

 
$
(469
)
Details about AOCI Components
 
 
Amount reclassified from AOCI
 
 
 
 
Three months ended
 
Nine months ended
 
 
Details about AOCI components
 
Sep 30
2014
 
Sep 30
2013
 
Sep 30
2014
 
Sep 30
2013
 
Affected line item in the consolidated statement of earnings
 
 
(In millions)
 
 
Deferred loss (gain) on hedging activities
 
 
 
 
 
 
 
 
 
 
 
 
$
110

 
$
2

 
$
103

 
$
7

 
Cost of products sold
 
 
(1
)
 
(1
)
 
(1
)
 
(1
)
 
Interest expense
 
 
(2
)
 
—

 
(2
)
 
—

 
Other income/expense
 
 
1

 
2

 
86

 
(3
)
 
Revenues
 
 
108

 
3

 
186

 
3

 
Total before tax
 
 
(40
)
 
(1
)
 
(69
)
 
(1
)
 
Tax
 
 
$
68

 
$
2

 
$
117

 
$
2

 
Net of tax
 
 
 
 
 
 
 
 
 
 
 
Pension liability adjustment
 
 
 
 
 
 
 
 
 
 
Amortization of defined benefit pension items:
 
 
 
 
 
 
 
 
 
 
Prior service credit
 
$
(3
)
 
$
(3
)
 
$
(11
)
 
$
(11
)
 
 
Actuarial losses
 
9

 
18

 
27

 
56

 
 
 
 
6

 
15

 
16

 
45

 
Total before tax
 
 
(2
)
 
(5
)
 
(5
)
 
(16
)
 
Tax
 
 
$
4

 
$
10

 
$
11

 
$
29

 
Net of tax
 
 
 
 
 
 
 
 
 
 
 
Unrealized loss on investments
 
 
 
 
 
 
 
 
 
 
 
 
$
—

 
$
9

 
$
—

 
$
9

 
Asset impairment, exit, and restructuring costs
 
 
—

 
(3
)
 
—

 
(3
)
 
Tax
 
 
$
—

 
$
6

 
$
—

 
$
6

 
Net of tax