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Accumulated Other Comprehensive Income/(Loss)
6 Months Ended
Jun. 30, 2014
Accumulated Other Comprehensive Income/(Loss) [Abstract]  
Accumulated Other Comprehensive Income/(Loss) [Text Block]

10. Accumulated Other Comprehensive Income/(Loss)

 

Reclassifications out of accumulated other comprehensive income/(loss) for the three and six months ended June 30, 2014, and 2013, were as follows (net of tax):

 

Millions  Defined benefit plans Foreign currency translation Derivatives  Total
Balance at April 1, 2014$ (693) $ (41) $ - $ (734)
Other comprehensive income/(loss) before reclassifications  -   9   -   9
Amounts reclassified from accumulated other comprehensive income/(loss) [a]  11   -   -   11
Net quarter-to-date other comprehensive income/(loss), net of taxes of $12 million  11   9   -   20
Balance at June 30, 2014$ (682) $ (32) $ - $ (714)
             
Balance at April 1, 2013$ (1,135) $ (33) $ (1) $ (1,169)
Other comprehensive income/(loss) before reclassifications  1   4   -   5
Amounts reclassified from accumulated other comprehensive income/(loss) [a]  16   -   -   16
Net quarter-to-date other comprehensive income/(loss), net of taxes of $13 million  17   4   -   21
Balance at June 30, 2013$ (1,118) $ (29) $ (1) $ (1,148)
             
             
[a]The accumulated other comprehensive income/(loss) reclassification components are 1) prior service cost/(benefit) and 2) net actuarial loss which are both included in the computation of net periodic pension cost. See Note 6 Retirement Plans for additional details.
             

Millions  Defined benefit plans Foreign currency translation Derivatives  Total
Balance at January 1, 2014$ (713) $ (37) $ - $ (750)
Other comprehensive income/(loss) before reclassifications  10   5   -   15
Amounts reclassified from accumulated other comprehensive income/(loss) [a]  21   -   -   21
Net year-to-date other comprehensive income/(loss), net of taxes of $17 million  31   5   -   36
Balance at June 30, 2014$ (682) $ (32) $ - $ (714)
             
Balance at January 1, 2013$ (1,149) $ (36) $ (1) $ (1,186)
Other comprehensive income/(loss) before reclassifications  (2)   7   -   5
Amounts reclassified from accumulated other comprehensive income/(loss) [a]  33   -   -   33
Net year-to-date other comprehensive income/(loss), net of taxes of $25 million  31   7   -   38
Balance at June 30, 2013$ (1,118) $ (29) $ (1) $ (1,148)
             
             
[a]The accumulated other comprehensive income/(loss) reclassification components are 1) prior service cost/(benefit) and 2) net actuarial loss which are both included in the computation of net periodic pension cost. See Note 6 Retirement Plans for additional details.