

($ in millions)	Unrealized Foreign Currency Translation Adjustments						Pension and Other Postretirement Benefit Adjustments, net of tax					Unrealized Gain (Loss) on Derivatives, net of tax						Accumulated Other Comprehensive (Loss) Income
Balance, January 1, 2016				$	(1,332	)			$	(1,379	)				$	9				$	(2,702	)
Current year deferrals to AOCI	(85	)	^(a)				—					—						(85	)
Current year deferrals to AOCI, tax effected	3		^(b)				17	^(c)				2		^(d)				22
Reclassifications from AOCI to net income	—						26	^(c)				(10	)	^(d)				16
Net change				$	(82	)			$	43					$	(8	)			$	(47	)
Balance, June 30, 2016				$	(1,414	)			$	(1,336	)				$	1				$	(2,749	)

Balance, January 1, 2015				$	(628	)			$	(1,492	)				$	4				$	(2,116	)
Current year deferrals to AOCI	(387	)	^(a)				—					—						(387	)
Current year deferrals to AOCI, tax effected	93		^(b)				32	^(c)				(23	)	^(d)				102
Reclassifications from AOCI to net income	—						42	^(c)				27		^(d)				69
Net change				$	(294	)			$	74					$	4				$	(216	)
Balance, June 30, 2015				$	(922	)			$	(1,418	)				$	8				$	(2,332	)

(a) - Unrealized foreign currency translation adjustments related to the translation of foreign denominated balance sheet account balances are not presented net of tax given that no deferred U.S. income taxes have been provided on the undistributed earnings of non-U.S. subsidiaries because they are deemed to be reinvested for an indefinite period of time.

(b) - The tax (benefit) cost related to unrealized foreign currency translation adjustments on tax inter-branch transactions and net investment hedges for the six months ended June 30, 2016 and 2015 was $(46) million and $20 million, respectively. The balance also includes a remeasurement of the tax cost on certain foreign proceeds which have not been permanently reinvested.

(c) - The tax (benefit) cost related to the adjustment for pension and other postretirement benefits for the six months ended June 30, 2016 and 2015 was $(20) million and $31 million, respectively. Reclassifications from AOCI are included in the computation of net periodic pension and other post-retirement benefit costs (See Note 10, "Pensions and Other Postretirement Benefits").

(d) - The tax (benefit) cost related to the changes in the unrealized gain on derivatives for the six months ended June 30, 2016 and 2015 was $(3) million and $1 million, respectively. Reclassifications from AOCI are included in the gain recognized on cash flow hedges (See Note 13, "Financial Instruments, Hedging Activities and Fair Value Measurements").