In millions | Defined Benefit Pension and Postretirement Items (a) | Change in Cumulative Foreign Currency Translation Adjustments (a) | Net Gains and Losses on Cash Flow Hedging Derivatives (a) | Total (a) | ||||||||
Balance as of January 1, 2013 | $ | (3,596 | ) | $ | (246 | ) | $ | 2 | $ | (3,840 | ) | |
Other comprehensive income (loss) before reclassifications | 1,184 | (443 | ) | — | 741 | |||||||
Amounts reclassified from accumulated other comprehensive income | 307 | 17 | (7 | ) | 317 | |||||||
Net Current Period Other Comprehensive Income | 1,491 | (426 | ) | (7 | ) | 1,058 | ||||||
Other Comprehensive Income (Loss) Attributable to Noncontrolling Interest | — | 23 | — | 23 | ||||||||
Balance as of December 31, 2013 | $ | (2,105 | ) | $ | (649 | ) | $ | (5 | ) | $ | (2,759 | ) |
In millions | Defined Benefit Pension and Postretirement Items (a) | Change in Cumulative Foreign Currency Translation Adjustments (a) | Net Gains and Losses on Cash Flow Hedging Derivatives (a) | Total (a) | ||||||||
Balance as of January 1, 2012 | $ | (2,852 | ) | $ | (118 | ) | $ | (35 | ) | $ | (3,005 | ) |
Other comprehensive income (loss) before reclassifications | (939 | ) | (96 | ) | 15 | (1,020 | ) | |||||
Amounts reclassified from accumulated other comprehensive income | 195 | (35 | ) | 22 | 182 | |||||||
Net Current Period Other Comprehensive Income | (744 | ) | (131 | ) | 37 | (838 | ) | |||||
Other Comprehensive Income (Loss) Attributable to Noncontrolling Interest | — | 3 | — | 3 | ||||||||
Balance as of December 31, 2012 | $ | (3,596 | ) | $ | (246 | ) | $ | 2 | $ | (3,840 | ) |
In millions | Defined Benefit Pension and Postretirement Items (a) | Change in Cumulative Foreign Currency Translation Adjustments (a) | Net Gains and Losses on Cash Flow Hedging Derivatives (a) | Total (a) | ||||||||
Balance as of January 1, 2011 | $ | (2,203 | ) | $ | 378 | $ | — | $ | (1,825 | ) | ||
Other comprehensive income (loss) before reclassifications | (788 | ) | (492 | ) | (43 | ) | (1,323 | ) | ||||
Amounts reclassified from accumulated other comprehensive income | 139 | — | 8 | 147 | ||||||||
Net Current Period Other Comprehensive Income | (649 | ) | (492 | ) | (35 | ) | (1,176 | ) | ||||
Other Comprehensive Income (Loss) Attributable to Noncontrolling Interest | — | (4 | ) | — | (4 | ) | ||||||
Balance as of December 31, 2011 | $ | (2,852 | ) | $ | (118 | ) | $ | (35 | ) | $ | (3,005 | ) |
Details About Accumulated Other Comprehensive Income Components | Amount Reclassified from Accumulated Other Comprehensive Income (a) | Location of Amount Reclassified from AOCI | |||||||||
2013 | 2012 | 2011 | |||||||||
In millions | |||||||||||
Defined benefit pension and postretirement items: | |||||||||||
Prior-service costs | $ | (9 | ) | $ | (2 | ) | $ | (6 | ) | (b) | Cost of products sold |
Actuarial gains/(losses) | (493 | ) | (317 | ) | (221 | ) | (b) | Cost of products sold | |||
Total pre-tax amount | (502 | ) | (319 | ) | (227 | ) | |||||
Tax (expense)/benefit | 195 | 124 | 88 | ||||||||
Net of tax | (307 | ) | (195 | ) | (139 | ) | |||||
Change in cumulative foreign currency translation adjustments: | |||||||||||
Business acquisition/divestiture | (17 | ) | 48 | — | Net (gains) losses on sales and impairments of businesses | ||||||
Tax (expense)/benefit | — | (13 | ) | — | |||||||
Net of tax | (17 | ) | 35 | — | |||||||
Net gains and losses on cash flow hedging derivatives: | |||||||||||
Foreign exchange contracts | 10 | (24 | ) | 10 | (c) | Cost of products sold | |||||
Fuel oil contracts | — | — | 6 | (c) | Cost of products sold | ||||||
Natural gas contracts | — | (11 | ) | (32 | ) | (c) | Cost of products sold | ||||
Total pre-tax amount | 10 | (35 | ) | (16 | ) | ||||||
Tax (expense)/benefit | (3 | ) | 13 | 8 | |||||||
Net of tax | 7 | (22 | ) | (8 | ) | ||||||
Total reclassifications for the period | $ | (317 | ) | $ | (182 | ) | $ | (147 | ) |