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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2018
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, 2018 and 2017:
 
 
 
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, 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
)
Other comprehensive income before reclassifications
(580
)
 
(19
)
 
124

 
(2
)
 
(477
)
Amounts reclassified from AOCI
(1
)
 
76

 
32

 
(2
)
 
105

Tax effect
(28
)
 
(13
)
 
(55
)
 
(1
)
 
(97
)
Net of tax amount
(609
)
 
44

 
101

 
(5
)
 
(469
)
Balance at December 31, 2018
$
(1,962
)
 
$
61

 
$
(220
)
 
$
15

 
$
(2,106
)
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
2018
2017
2016
earnings
 
(In millions)
 
Foreign currency translation adjustment
 
 
 
 
 
$
(1
)
$

$
(75
)
Other income/expense
 



Tax
 
$
(1
)
$

$
(75
)
Net of tax
 
 
 
 
 
Deferred loss (gain) on hedging activities
 
 
 
 
 
$
113

$
45

$
82

Cost of products sold
 
(36
)
2

18

Other income/expense
 
(1
)
(1
)
2

Interest expense
 

1

35

Revenues
 
76

47

137

Total before tax
 
(18
)
(18
)
(52
)
Tax on reclassifications
 
$
58

$
29

$
85

Net of tax
Pension liability adjustment
 
 
 
 
Amortization of defined benefit pension items:
 
 
 
 
Prior service losses (credit)
$
(33
)
$
(57
)
$
(17
)
Other (income) expense - net
Actuarial losses
65

112

44

Other (income) expense - net
 
32

55

27

Total before tax
 
(8
)
(29
)
(5
)
Tax on reclassifications
 
$
24

$
26

$
22

Net of tax
Unrealized loss (gain) on investments
 
 
 
 
 
$
(2
)
$
(1
)
$

Other income/expense
 


6

Asset impairment, exit, and restructuring costs
 



Tax on reclassifications
 
$
(2
)
$
(1
)
$
6

Net of tax