XML 64 R47.htm IDEA: XBRL DOCUMENT v3.8.0.1
Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2017
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Accumulated Other Comprehensive Income (Loss)
The following tables set forth the changes in AOCI by component and the reclassifications out of AOCI for the years ended December 31, 2017 and 2016:
 
 
 
Foreign
Currency
Translation
Adjustment
 
 
Deferred
Gain (Loss)
on Hedging
Activities
 
Pension and
Other
Postretirement
Benefit
Liabilities
Adjustment
 
 
Unrealized
Gain (Loss)
on
Investments
 
 
Accumulated
Other
Comprehensive
Income (Loss)
 
 
 
 
 
(In millions)
 
 
 
 
Balance at December 31, 2015
$
(1,626
)
 
$
(15
)
 
$
(523
)
 
$
18

 
$
(2,146
)
Other comprehensive income before reclassifications
(391
)
 
(104
)
 
(28
)
 
(3
)
 
(526
)
Amounts reclassified from AOCI
(75
)
 
137

 
27

 
6

 
95

Tax effect
(10
)
 
(12
)
 
3

 
(2
)
 
(21
)
Net of tax amount
(476
)
 
21

 
2

 
1

 
(452
)
Balance at December 31, 2016
$
(2,102
)
 
$
6

 
$
(521
)
 
$
19

 
$
(2,598
)
Other comprehensive income before reclassifications
690

 
(35
)
 
243

 

 
898

Amounts reclassified from AOCI

 
47

 
55

 
(1
)
 
101

Tax effect
59

 
(1
)
 
(98
)
 
2

 
(38
)
Net of tax amount
749

 
11

 
200

 
1

 
961

Balance at December 31, 2017
$
(1,353
)
 
$
17

 
$
(321
)
 
$
20

 
$
(1,637
)
Reclassification Out of Accumulated Other Comprehensive Income [Table Text Block]
 
Amounts reclassified from AOCI
Year Ended December 31
Affected line item in the
consolidated statement of
Details about AOCI components
2017
2016
2015
earnings
 
(In millions)
 
Foreign currency translation adjustment
 
 
 
 
 
$

$
(75
)
$
23

Other income/expense
 



Tax
 
$

$
(75
)
$
23

Net of tax
 
 
 
 
 
Deferred loss (gain) on hedging activities
 
 
 
 
 
$
45

$
82

$
25

Cost of products sold
 
2

18

(29
)
Other income/expense
 
(1
)
2

(1
)
Interest expense
 
1

35

(41
)
Revenues
 
47

137

(46
)
Total before tax
 
(18
)
(52
)
17

Tax on reclassifications
 
$
29

$
85

$
(29
)
Net of tax
Pension liability adjustment
 
 
 
 
Amortization of defined benefit pension items:
 
 
 
 
Prior service losses (credit)
$
(57
)
$
(17
)
$
37

 
Actuarial losses
112

44

30

 
 
55

27

67

Total before tax
 
(29
)
(5
)
(44
)
Tax on reclassifications
 
$
26

$
22

$
23

Net of tax
Unrealized loss (gain) on investments
 
 
 
 
 
$
(1
)
$

$

Other income/expense
 

6


Asset impairment, exit, and restructuring costs
 



Tax on reclassifications
 
$
(1
)
$
6

$

Net of tax