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Changes in Other Comprehensive Income (Notes)
 3 Months Ended
Mar. 31, 2016
Changes in Other Comprehensive Income [Abstract]  
Comprehensive Income (Loss) Note [Text Block]
CHANGES IN OTHER COMPREHENSIVE INCOME

The following table provides the reclassifications out of other comprehensive income for the three months ended March 31, 2016 and March 31, 2015. Amounts in the chart below are presented net of tax.

Three Months Ended March 31, 2016
 
 
 
 
 
 
 
 
(in millions)
 
Foreign currency translation adjustments
 
Unrealized gains/losses on derivative financial instruments
 
Defined benefit pension items / Other
 
Total
Balance as of December 31, 2015
 
$
(54
)
 
$
152

 
$
(10
)
 
$
88

Other comprehensive income (loss) before reclassifications
 
16

 
(38
)
 
(2
)
 
(24
)
Amounts reclassified from accumulated other comprehensive income
 
—

 
(31
)
 
2

 
(29
)
Net current-period other comprehensive income
 
16

 
(69
)
 
—

 
(53
)
Balance as of March 31, 2016
 
$
(38
)
 
$
83

 
$
(10
)
 
$
35

 
 
 
 
 
 
 
 
 
Three Months Ended March 31, 2015
 
 
 
 
 
 
 
 
(in millions)
 
Foreign currency translation adjustments
 
Unrealized gains/losses on derivative financial instruments
 
Defined benefit pension items / Other
 
Total
Balance as of December 31, 2014
 
$
(38
)
 
$
219

 
$
(37
)
 
$
144

Other comprehensive income (loss) before reclassifications
 
(35
)
 
59

 
(3
)
 
21

Amounts reclassified from accumulated other comprehensive income
 
—

 
(31
)
 
8

 
(23
)
Net current-period other comprehensive income
 
(35
)
 
28

 
5

 
(2
)
Balance as of March 31, 2015
 
$
(73
)
 
$
247

 
$
(32
)
 
$
142


 
 
 
 
 
 
 
 
 


The income tax impact of the amounts in other comprehensive income for unrealized gains and losses on derivative financial instruments before reclassifications was a benefit of $21 million in the first quarter of 2016 and an expense of $34 million in the first quarter of 2015. The gains and losses on derivative financial instruments reclassified were reduced by income tax impacts of $17 million in the first quarter of 2016 and $18 million in the first quarter of 2015. Refer to Note D – Fair Value Measurements in this Quarterly Report on Form 10-Q for further detail on the reclassifications related to derivatives.

The income tax impact of the amounts in other comprehensive income for defined benefit and pension items before reclassification was an immaterial benefit for the first quarter of 2016 and the first quarter of 2015. The losses on defined benefit and pension related items reclassified from accumulated other comprehensive income were reduced by immaterial income tax impacts in the first quarter of 2016 and by $4 million of income tax impacts in the first quarter of 2015.