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Accumulated Other Comprehensive Loss
6 Months Ended
Jun. 30, 2014
Accumulated Other Comprehensive Loss

16. Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss consists of the following:

 

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

Pension and

 

 

Unrealized

 

 

 

 

 

 

Currency

 

 

Fair Value

 

 

Other

 

 

Gains

 

 

 

 

 

 

Translation

 

 

of

 

 

Postretirement

 

 

Marketable

 

 

 

 

 

 

Adjustments

 

 

Derivatives

 

 

Benefit Plans

 

 

Securities

 

 

Total

 

Balance, January 1, 2014

$

(1,068

)

 

$

29

 

 

$

(1,691

)

 

$

176

 

 

$

(2,554

)

Other comprehensive income (loss) before reclassifications

 

(30

)

 

 

13

 

 

 

 

 

 

30

 

 

 

13

 

Amounts reclassified from accumulated other comprehensive loss

 

 

 

 

6

 

 

 

156

 

 

 

 

 

 

162

 

Income taxes

 

 

 

 

 

 

 

(20

)

 

 

 

 

 

(20

)

Net other comprehensive income (loss)

 

(30

)

 

 

19

 

 

 

136

 

 

 

30

 

 

 

155

 

Balance, June 30, 2014

$

(1,098

)

 

$

48

 

 

$

(1,555

)

 

$

206

 

 

$

(2,399

)

 

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

Pension and

 

 

Unrealized

 

 

 

 

 

 

Currency

 

 

Fair Value

 

 

Other

 

 

Gains

 

 

 

 

 

 

Translation

 

 

of

 

 

Postretirement

 

 

Marketable

 

 

 

 

 

 

Adjustments

 

 

Derivatives

 

 

Benefit Plans

 

 

Securities

 

 

Total

 

Balance, January 1, 2013

$

(918

)

 

$

30

 

 

$

(3,141

)

 

$

141

 

 

$

(3,888

)

Other comprehensive income (loss) before reclassifications

 

(243

)

 

 

(104

)

 

 

(6

)

 

 

83

 

 

 

(270

)

Amounts reclassified from accumulated other comprehensive loss

 

9

 

 

 

45

 

 

 

215

 

 

 

 

 

 

269

 

Income taxes

 

 

 

 

 

 

 

(31

)

 

 

 

 

 

(31

)

Net other comprehensive income (loss)

 

(234

)

 

 

(59

)

 

 

178

 

 

 

83

 

 

 

(32

)

Balance, June 30, 2013

$

(1,152

)

 

$

(29

)

 

$

(2,963

)

 

$

224

 

 

$

(3,920

)