Dr Pepper Snapple Group, Inc. | 2013 | FY | 3


Accumulated Other Comprehensive Loss
The following table provides a summary of changes in the balances of each component of AOCL, net of taxes, for the years ended December 31, 2013, 2012 and 2011 (in millions):
 
Foreign Currency Translation
 
Change in Pension Liability
 
Cash Flow Hedges
 
Accumulated Other Comprehensive Loss
Balance as of January 1, 2011
$
7

 
$
(31
)
 
$
(4
)
 
$
(28
)
Current year OCI
(34
)
 
(17
)
 
(31
)
 
(82
)
Balance as of December 31, 2011
$
(27
)
 
$
(48
)
 
$
(35
)
 
$
(110
)
Current year OCI
19

 
(8
)
 
(11
)
 

Balance as of December 31, 2012
(8
)
 
(56
)
 
(46
)
 
(110
)
OCI before reclassifications
(9
)
 
19

 
3

 
13

Amounts reclassified from AOCL

 
4

 
5

 
9

Net current year OCI
(9
)
 
23

 
8

 
22

Balance as of December 31, 2013
$
(17
)
 
$
(33
)
 
$
(38
)
 
$
(88
)

The following table presents the amount of loss reclassified from AOCL into the Consolidated Statements of Income for the year ended December 31, 2013 (in millions):
 
 
 
For the
 
 
 
Year Ended
 
Location of Loss Reclassified from AOCL into Income
 
December 31, 2013
Loss on cash flow hedges:
 
 
 
Interest rate contracts
Interest expense
 
$
(7
)
Foreign exchange forward contracts
Cost of sales
 
(1
)
Total
 
 
(8
)
Income tax expense
 
 
(3
)
Total
 
 
$
(5
)
 
 
 
 
Defined benefit pension and postretirement plan items:
 
 
 
Amortization of prior service costs
Selling, general and administrative expenses
 
$
1

Amortization of actuarial gains/(losses), net
Selling, general and administrative expenses
 
(4
)
Settlement loss
Selling, general and administrative expenses
 
(3
)
Total
 
 
(6
)
Income tax expense
 
 
(2
)
Total
 
 
$
(4
)
 
 
 
 
Total reclassifications
 
 
$
(9
)

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