(dollars in millions) | Foreign Currency Translation | Defined Benefit Pension and Post-retirement Plans | Unrealized Gains (Losses) on Available-for- Sale Securities | Unrealized Hedging (Losses) Gains | Accumulated Other Comprehensive (Loss) Income | |||||||||||||||
Balance at December 31, 2012 | $ | 654 | $ | (6,250 | ) | $ | 145 | $ | 3 | $ | (5,448 | ) | ||||||||
Other comprehensive (loss) income before reclassifications, net | (509 | ) | 2,409 | 208 | (100 | ) | 2,008 | |||||||||||||
Amounts reclassified | 25 | 574 | (57 | ) | 18 | 560 | ||||||||||||||
Balance at December 31, 2013 | $ | 170 | $ | (3,267 | ) | $ | 296 | $ | (79 | ) | $ | (2,880 | ) | |||||||
(dollars in millions) | Amount of Income (Expense) Reclassified from Other Comprehensive Income (Loss) | Affected Line Item in the Consolidated Statement of Comprehensive Income | |||
Foreign Currency Translation: | |||||
Recognized due to business disposition | $ | (25 | ) | Other income, net | |
Defined Benefit Pension and Post-retirement Plans: | |||||
Amortization of prior-service costs and transition obligation | $ | 44 | Note (1) | ||
Recognized actuarial net loss | (950 | ) | Note (1) | ||
Total before tax | (906 | ) | |||
Tax benefit | 332 | Income tax expense | |||
Net of tax | $ | (574 | ) | ||
Unrealized Gains on Available-for-Sale Securities: | |||||
Realized gain on sale of securities, before tax | $ | 91 | Other income, net | ||
Tax expense | (34 | ) | Income tax expense | ||
Net of tax | $ | 57 | |||
Unrealized Hedging (Losses) Gains: | |||||
Foreign exchange contracts | $ | (25 | ) | Product Sales | |
Other contracts | 2 | Other income, net | |||
Total before tax | (23 | ) | |||
Tax benefit | 5 | Income tax expense | |||
Net of tax | $ | (18 | ) | ||