Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2011

Accumulated Other Comprehensive Income (Loss) [Abstract]

Accumulated Other Comprehensive Income (Loss)

19. Accumulated other comprehensive income (loss)

The following are the components of comprehensive loss, net of tax, for the following periods:

	2011			2010
Accumulated foreign currency translation adjustment
Balance at the beginning of the year		441			394
Impact of deconsolidation of EMEA Subsidiaries		-			30
Impact of other deconsolidations		-			77
Impact of discontinued operations		-			46
Change in foreign currency translation adjustment (a)		90			(106	)
Balance at the end of the year		531			441
Unrealized gain (loss) on investments - net
Balance at the beginning of the year		-			21
Change in unrealized gain (loss) on investments		-			(21	)
Balance at the end of the year (b)		-			-
Unamortized Pension and Post-Retirement Plan actuarial losses and prior service cost - net
Balance at the beginning of the year		(803	)		(1,539	)
Impact of deconsolidation of EMEA Subsidiaries		-			31
Impact of other deconsolidations		-			992
Change in unamortized pension actuarial losses and prior service cost (c)		129			(287	)
Balance at the end of the year		(674	)		(803	)
Accumulated other comprehensive loss	$	(143	)	$	(362	)

(a) The change in the foreign currency translation adjustment was not adjusted for income taxes since it related to indefinite term investments in subsidiaries that are unlikely to reverse in the foreseeable future.

(b) Certain securities deemed available-for-sale by Nortel were measured at fair value. Unrealized holding gains (losses) related to these securities were excluded from net earnings (loss) and were included in accumulated other comprehensive income (loss) until realized. Unrealized gain (loss) on investments was net of tax of nil, for the year ended December 31, 2010. During the year ended December 31, 2010, realized (gains) losses on investments of $20 were reclassified to other income (expense) — net in the consolidated statements of operations.

(c) Represents non-cash charges to shareholders' deficit related to the change in unamortized pension and post-retirement actuarial losses and prior service cost (see note 11). The charge is presented net of tax of nil for the years ended December 31, 2011 and 2010. The charge relating to EMEA Subsidiaries was nil for the year ended December 31, 2010.