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Supplemental Financial Information (Tables)
6 Months Ended
Jun. 30, 2015
Disclosure Text Block Supplement [Abstract]  
Amounts Reclassified Out of AOCI to Net Income, Net of Taxes

The table below details where on the Consolidated Statements of Income these transactions are recorded.

 

 

 

For Three Months Ended

 

 

For Six Months Ended

 

 

Impact to

 

 

June 30,

 

 

June 30,

 

 

Related Statement

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

 

of Income Line

Net actuarial gains (losses) of defined benefit plans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Recognized net actuarial loss and Settlement losses (a)

 

$

 

26

 

 

$

 

18

 

 

$

 

40

 

 

$

 

33

 

 

Increase to Pension expense (b)

Tax effect

 

 

 

(9

)

 

 

 

(7

)

 

 

 

(13

)

 

 

 

(12

)

 

Decrease to Provision for income taxes

Recognized within Net income, net of taxes

 

$

 

17

 

 

$

 

11

 

 

$

 

27

 

 

$

 

21

 

 

Decrease to Net income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service cost of defined benefit plans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of prior service cost (credit) (a)

 

$

 

1

 

 

$

 

1

 

 

$

 

2

 

 

$

 

1

 

 

Increase to Pension expense (b)

Tax effect

 

 

 

(1

)

 

 

 

 

 

 

 

(1

)

 

 

 

 

 

Decrease to Provision for income taxes

Recognized within Net income, net of taxes

 

$

 

 

 

$

 

1

 

 

$

 

1

 

 

$

 

1

 

 

Decrease to Net income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative instruments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of treasury rate locks

 

$

 

 

 

$

 

1

 

 

$

 

 

 

$

 

1

 

 

Increase to Interest and debt expense

Tax effect

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Decrease to Provision for income taxes

Recognized within Net income, net of taxes

 

$

 

 

 

$

 

1

 

 

$

 

 

 

$

 

1

 

 

Decrease to Net income

 

(a)

Detailed in Note 8.

(b)

Pension expense is included in COR, R&D and SG&A in the Consolidated Statements of Income.