v2.4.1.9
Accumulated Other Comprehensive Income/(Loss)
12 Months Ended
Dec. 31, 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) were as follows (net of tax):

Millions  Defined benefit plans Foreign currency translation Derivatives  Total
Balance at January 1, 2014$ (713) $ (37) $ - $ (750)
Other comprehensive income/(loss) before reclassifications  10   (12)   -   (2)
Amounts reclassified from accumulated other comprehensive income/(loss) [a]  (458)   -   -   (458)
Net year-to-date other comprehensive income/(loss), net of taxes of $291 million  (448)   (12)   -   (460)
Balance at December 31, 2014$ (1,161) $ (49) $ - $ (1,210)
             
Balance at January 1, 2013$ (1,149) $ (36) $ (1) $ (1,186)
Other comprehensive income/(loss) before reclassifications  (1)   (1)   1   (1)
Amounts reclassified from accumulated other comprehensive income/(loss) [a]  437   -   -   437
Net year-to-date other comprehensive income/(loss), net of taxes of ($264) million  436   (1)   1   436
Balance at December 31, 2013$ (713) $ (37) $ - $ (750)
             
             
[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.