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Accumulated Other Comprehensive Loss
3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Accumulated Other Comprehensive Loss

14. Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss consists of the following:

 

 

(Stated in millions)

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized

 

 

 

 

 

 

Pension and

 

 

 

 

 

 

Currency

 

 

Gain on

 

 

 

 

 

 

Other

 

 

 

 

 

 

Translation

 

 

Marketable

 

 

Cash Flow

 

 

Postretirement

 

 

 

 

 

 

Adjustments

 

 

Securities

 

 

Hedges

 

 

Benefit Plans

 

 

Total

 

Balance, January 1, 2017

$

(2,136

)

 

$

21

 

 

$

(19

)

 

$

(2,509

)

 

$

(4,643

)

Other comprehensive gain (loss) before reclassifications

 

45

 

 

 

(4

)

 

 

11

 

 

 

-

 

 

 

52

 

Amounts reclassified from accumulated other comprehensive loss

 

-

 

 

 

-

 

 

 

-

 

 

 

63

 

 

 

63

 

Income taxes

 

-

 

 

 

-

 

 

 

-

 

 

 

(1

)

 

 

(1

)

Net other comprehensive (loss) income

 

45

 

 

 

(4

)

 

 

11

 

 

 

62

 

 

 

114

 

Balance, March 31, 2017

$

(2,091

)

 

$

17

 

 

$

(8

)

 

$

(2,447

)

 

$

(4,529

)

 

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized

 

 

 

 

 

 

Pension and

 

 

 

 

 

 

Currency

 

 

Gain on

 

 

 

 

 

 

Other

 

 

 

 

 

 

Translation

 

 

Marketable

 

 

Cash Flow

 

 

Postretirement

 

 

 

 

 

 

Adjustments

 

 

Securities

 

 

Hedges

 

 

Benefit Plans

 

 

Total

 

Balance, January 1, 2016

$

(2,053

)

 

$

-

 

 

$

(39

)

 

$

(2,466

)

 

$

(4,558

)

Other comprehensive gain (loss) before reclassifications

 

17

 

 

 

3

 

 

 

(85

)

 

 

-

 

 

 

(65

)

Amounts reclassified from accumulated other comprehensive loss

 

-

 

 

 

-

 

 

 

94

 

 

 

70

 

 

 

164

 

Income taxes

 

-

 

 

 

-

 

 

 

-

 

 

 

(7

)

 

 

(7

)

Net other comprehensive income

 

17

 

 

 

3

 

 

 

9

 

 

 

63

 

 

 

92

 

Balance, March 31, 2016

$

(2,036

)

 

$

3

 

 

$

(30

)

 

$

(2,403

)

 

$

(4,466

)