v3.19.3.a.u2
Accumulated Other Comprehensive Income
 12 Months Ended
Dec. 31, 2019
Accumulated Other Comprehensive Income [Abstract]  
Accumulated Other Comprehensive Income [Text Block]

NOTE 3. OTHER COMPREHENSIVE INCOME

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Changes in the balances of each component included in accumulated OCI are presented below. All amounts are net of tax

and exclude noncontrolling interest.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign Currency Translation Adjustment

 

Net Unrealized Gains (Losses) on Available-for-Sale Securities

 

Net Unrealized Gains (Losses) on Cash Flow Hedges

 

Defined Benefit Postretirement Plans

 

Accumulated Other Comprehensive Income

Balance as of December 31, 2016

$

(1,995)

 

$

541

 

$

744

 

$

5,671

 

$

4,961

Other comprehensive income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(loss) before reclassifications

 

20

 

 

187

 

 

371

 

 

1,083

 

 

1,661

Amounts reclassified

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from accumulated OCI

 

-

1

 

(185)

1

 

39

2

 

(988)

3

 

(1,134)

Net other comprehensive

 

 

 

 

 

 

 

 

 

 

 

 

 

 

income (loss)

 

20

 

 

2

 

 

410

 

 

95

 

 

527

Amounts reclassified to

 

 

 

 

 

 

 

 

 

 

 

 

 

 

retained earnings4

 

(79)

 

 

117

 

 

248

 

 

1,243

 

 

1,529

Balance as of December 31, 2017

 

(2,054)

 

 

660

 

 

1,402

 

 

7,009

 

 

7,017

Other comprehensive income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(loss) before reclassifications

 

(1,030)

 

 

(4)

 

 

(597)

 

 

830

 

 

(801)

Amounts reclassified

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from accumulated OCI

 

-

1

 

-

1

 

13

2

 

(1,322)

3

 

(1,309)

Net other comprehensive

 

 

 

 

 

 

 

 

 

 

 

 

 

 

income (loss)

 

(1,030)

 

 

(4)

 

 

(584)

 

 

(492)

 

 

(2,110)

Amounts reclassified to

 

 

 

 

 

 

 

 

 

 

 

 

 

 

retained earnings5

 

-

 

 

(658)

 

 

-

 

 

-

 

 

(658)

Balance as of December 31, 2018

 

(3,084)

 

 

(2)

 

 

818

 

 

6,517

 

 

4,249

Other comprehensive income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(loss) before reclassifications

 

28

 

 

50

 

 

(900)

 

 

3,457

 

 

2,635

Amounts reclassified

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from accumulated OCI

 

-

1

 

-

1

 

45

2

 

(1,459)

3

 

(1,414)

Net other comprehensive

 

 

 

 

 

 

 

 

 

 

 

 

 

 

income (loss)

 

28

 

 

50

 

 

(855)

 

 

1,998

 

 

1,221

Balance as of December 31, 2019

$

(3,056)

 

$

48

 

$

(37)

 

$

8,515

 

$

5,470

1

(Gains) losses are included in Other income (expense) - net in the consolidated statements of income.

2

(Gains) losses are included in Interest expense in the consolidated statements of income (see Note 13).

3

The amortization of prior service credits associated with postretirement benefits is included in Other income (expense) in the

 

consolidated statements of income (see Note 15).

4

With the adoption of ASU 2018-02, the stranded tax effects resulting from the application of the Tax Cuts and Jobs Act are reclassified

 

to retained earnings (see Note 1).

5

With the adoption of ASU 2016-01, the unrealized (gains) losses on our equity investments are reclassified to retained earnings

 

(see Note 1).