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Supplemental financial information (Tables)
6 Months Ended
Jun. 30, 2016
Disclosure Text Block Supplement [Abstract]  
Amounts Reclassified Out of AOCI to Net Income, Net of Taxes

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

 

 

 

For Three Months Ended

 

 

For Six Months Ended

 

 

 

 

 

June 30,

 

 

June 30,

 

 

Impact to Related

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

 

Statements of Income Lines

Net actuarial gains (losses) of defined benefit plans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Recognized net actuarial loss and Settlement losses (a)

 

$

 

20

 

 

$

 

26

 

 

$

 

40

 

 

$

 

40

 

 

Increase to Pension expense (b)

Tax effect

 

 

 

(7

)

 

 

 

(9

)

 

 

 

(13

)

 

 

 

(13

)

 

Decrease to Provision for income taxes

Recognized within Net income, net of taxes

 

$

 

13

 

 

$

 

17

 

 

$

 

27

 

 

$

 

27

 

 

Decrease to Net income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service (cost) credit of defined benefit plans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of prior service cost (credit) (a)

 

$

 

(2

)

 

$

 

1

 

 

$

 

(3

)

 

$

 

2

 

 

(Decrease) increase to Pension expense (b)

Tax effect

 

 

 

1

 

 

 

 

(1

)

 

 

 

1

 

 

 

 

(1

)

 

Increase (decrease) to Provision for income taxes

Recognized within Net income, net of taxes

 

$

 

(1

)

 

$

 

 

 

$

 

(2

)

 

$

 

1

 

 

(Increase) decrease to Net income

 

(a)

Detailed in Note 7.

(b)

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