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Amounts Reclassified Out of Accumulated Other Comprehensive (Loss) Income
9 Months Ended
Sep. 27, 2013
Text Block [Abstract]  
Amounts Reclassified Out of Accumulated Other Comprehensive (Loss) Income

11.  Amounts Reclassified Out of Accumulated Other Comprehensive (Loss) Income

Amounts reclassified out of AOCI for the year-to-date period ended September 27, 2013 are presented in the table below.

 

     Foreign
currency
translation
    Unrealized
gains
(losses) on
hedging
instruments
    Unrecognized
losses and
prior service
cost, net
    Total
accumulated
other
comprehensive
(loss) income
 
     (in millions)  

Balance at December 31, 2012

   $ 167      $ 3      $ (720   $ (550

Other comprehensive loss before reclassifications, net of tax

     (18     (2     —          (20

Amounts reclassified from other comprehensive income, net of tax

     —          1        40        41   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net current period other comprehensive (loss) income

     (18     (1     40        21   
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at September 27, 2013

   $ 149      $ 2      $ (680   $ (529
  

 

 

   

 

 

   

 

 

   

 

 

 

 

Further details regarding the amounts reclassified from AOCI for the quarterly and year-to-date periods ended September 27, 2013 are presented in the table below.

 

     Amount Reclassified from Accumulated
Other Comprehensive (Loss) Income
    Affected Line Item in the
Unaudited Condensed Consolidated
Statement of Operations
     Third Quarter Ended     Year-to-Date
Ended
   

Details About Accumulated Other
Comprehensive (Loss) Income Components

   September 27,
2013
    September 27,
2013
   
     (in millions)      

Gain on hedging instruments

   $ —        $ 1      Cost of sales-products
  

 

 

   

 

 

   
     —          1      Income from continuing operations
before income taxes
     —          —        Provision for income taxes
  

 

 

   

 

 

   
   $ —        $ 1      Income from continuing operations
  

 

 

   

 

 

   

Amortization of defined benefit pension items:

      

Net loss

   $ 20      $ 63      (a)
  

 

 

   

 

 

   
     20        63      Income from continuing operations
before income taxes
     (7     (23   Provision for income taxes
  

 

 

   

 

 

   
   $ 13      $ 40      Income from continuing operations
  

 

 

   

 

 

   

Total reclassification for the period

   $ 13      $ 41      Income from continuing operations
  

 

 

   

 

 

   

 

(a) 

Amounts related to pension and postretirement benefit plans were reclassified from AOCI and recorded as a component of net periodic benefit cost (see Note 18 for additional information).