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 | ) |
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 | ) |