Accumulated Other Comprehensive Income (AOCI) (Tables)

3 Months Ended

Mar. 31, 2015

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Details about AOCI Components

The following tables set forth the changes in AOCI by component for the three months ended March 31, 2015 and the reclassifications out of AOCI for the three months ended March 31, 2015 and 2014:

	Three months ended March 31, 2015
	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, 2014	$	(654	)	$	47		$	(630	)	$	(4	)	$	(1,241	)
Other comprehensive income (loss) before reclassifications	(701		)	8			17			43			(633		)
Amounts reclassified from AOCI	—			(64		)	25			—			(39		)
Tax effect	32			21			(19		)	—			34
Net current period other comprehensive income	(669		)	(35		)	23			43			(638		)
Balance at March 31, 2015	$	(1,323	)	$	12		$	(607	)	$	39		$	(1,879	)

The current period change in foreign currency translation adjustment is primarily due to U.S. dollar appreciation, mainly impacting the Euro-denominated equity of the Company’s foreign subsidiaries

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

	Amount reclassified from AOCI
	Three months ended
Details about AOCI components	March 31, 2015			March 31, 2014			Affected line item in the consolidated statement of earnings
	(In millions)
Deferred loss (gain) on hedging activities
	$	—		$	4		Cost of products sold
	(17		)	—			Other income/expense
	(47		)	27			Revenues
	(64		)	31			Total before tax
	24			(11		)	Tax
	$	(40	)	$	20		Net of tax
Pension liability adjustment
Amortization of defined benefit pension items:
Prior service credit	$	(2	)	$	(4	)
Actuarial losses	27			9
	25			5			Total before tax
	(17		)	(2		)	Tax
	$	8		$	3		Net of tax