Accumulated Other Comprehensive Income

Components of accumulated other comprehensive income (loss) for the year ended December 31, 2012 are as follows. Deferred taxes are not provided on foreign currency translation adjustments.



	Before-Tax Amount			Tax (Expense) or Benefit			Net-of-Tax Amount
Foreign currency translation adjustment	$	23		$	—		$	23

Pension and post-retirement benefit plans:
Net gain (loss) arising during the year	10			(4		)	6
Effect of exchange rates on amounts included in AOCI	(2		)	—			(2		)
Amortization or curtailment recognition of prior service (credit) cost	(1		)	1			—
Amortization or settlement recognition of net (gain) loss	9			(3		)	6
Total	16			(6		)	10

Unrealized gains on securities:
Unrealized holding gains arising during period	3			—			3
Total	3			—			3

Unrealized gains on forward exchange contracts:
Unrealized gains arising during the period	3			—			3
Total	3			—			3

Other comprehensive income	$	45		$	(6	)	$	39

Components of accumulated other comprehensive income (loss) for the year ended December 31, 2011 are as follows. Deferred taxes are not provided on foreign currency translation adjustments.



	Before-Tax Amount			Tax (Expense) or Benefit			Net-of-Tax Amount
Foreign currency translation adjustment	$	(39	)	$	—		$	(39	)

Pension and post-retirement benefit plans:
Net gain (loss) arising during the year	(36		)	9			(27		)
Effect of exchange rates on amounts included in AOCI	1			—			1
Amortization or curtailment recognition of prior service (credit) cost	(1		)	1			—
Amortization or settlement recognition of net (gain) loss	6			(2		)	4
Total	(30		)	8			(22		)

Unrealized gains (losses) on securities:
Unrealized holding losses arising during period	(4		)	1			(3		)
Realized gains reclassified in net income	(2		)	1			(1		)
Total	(6		)	2			(4		)

Other comprehensive income	$	(75	)	$	10		$	(65	)

Components of accumulated other comprehensive income (loss) for the year ended December 31, 2010 are as follows. Deferred taxes are not provided on foreign currency translation adjustments.



	Before-Tax Amount			Tax (Expense) or Benefit			Net-of-Tax Amount
Foreign currency translation adjustment	$	10		$	—		$	10

Pension and post-retirement benefit plans:
Net gain (loss) arising during the year	(16		)	4			(12		)
Effect of exchange rates on amounts included in AOCI	(2		)	1			(1		)
Amortization or curtailment recognition of prior service (credit) cost	(1		)	1			—
Amortization or settlement recognition of net (gain) loss	14			(5		)	9
Total	(5		)	1			(4		)

Unrealized gains (losses) on securities:
Unrealized holding gains arising during period	1			—			1
Impairment charge reclassified into net income	7			(3		)	4
Total	8			(3		)	5

Other comprehensive income	$	13		$	(2	)	$	11