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Accumulated Other Comprehensive Loss
6 Months Ended
Jun. 30, 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

 

(26

)

 

 

(25

)

 

 

11

 

 

 

-

 

 

 

(40

)

Amounts reclassified from accumulated other comprehensive loss

 

-

 

 

 

-

 

 

 

8

 

 

 

119

 

 

 

127

 

Income taxes

 

-

 

 

 

-

 

 

 

-

 

 

 

(2

)

 

 

(2

)

Net other comprehensive (loss) income

 

(26

)

 

 

(25

)

 

 

19

 

 

 

117

 

 

 

85

 

Balance, June 30, 2017

$

(2,162

)

 

$

(4

)

 

$

-

 

 

$

(2,392

)

 

$

(4,558

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

(51

)

 

 

3

 

 

 

(68

)

 

 

-

 

 

 

(116

)

Amounts reclassified from accumulated other comprehensive loss

 

-

 

 

 

-

 

 

 

80

 

 

 

130

 

 

 

210

 

Income taxes

 

-

 

 

 

-

 

 

 

-

 

 

 

(14

)

 

 

(14

)

Net other comprehensive income

 

(51

)

 

 

3

 

 

 

12

 

 

 

116

 

 

 

80

 

Balance, June 30, 2016

$

(2,104

)

 

$

3

 

 

$

(27

)

 

$

(2,350

)

 

$

(4,478

)