XML 34 R42.htm IDEA: XBRL DOCUMENT v2.4.0.8
Amounts Reclassified Out of Accumulated Other Comprehensive (Loss) Income (Tables)
9 Months Ended
Sep. 26, 2014
Text Block [Abstract]  
Summary of Amounts Reclassified Out of Accumulated Other Comprehensive (Loss) Income

The amounts reclassified from Accumulated Other Comprehensive (Loss) Income (AOCI) for the year-to-date periods ended September 26, 2014 and 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
 

 

 

   

 

 

   

 

 

   

 

 

 

Balance at December 31, 2013

  $ 142      $ 1      $ (253   $ (110

Other comprehensive income before reclassifications, net of tax

    (57     5        —          (52

Amounts reclassified from other comprehensive (loss) income, net of tax

    —         (5     7        2   
 

 

 

   

 

 

   

 

 

   

 

 

 

Net current period other comprehensive income

    (57     —          7        (50
 

 

 

   

 

 

   

 

 

   

 

 

 

Balance at September 26, 2014

  $ 85      $ 1      $ (246   $ (160
 

 

 

   

 

 

   

 

 

   

 

 

 

 

Further details regarding the amounts reclassified from AOCI for the quarterly and year-to-date periods ended September 26, 2014 and September 27, 2013 are presented in the table below.

 

    Amount Reclassified from AOCI    

Affected Line Item in the

Unaudited Condensed Consolidated

Statements of Operations

    Third Quarter Ended     Year-to-Date Ended    

Details About
AOCI Components

  September 26,
2014
    September 27,
2013
    September 26,
2014
    September 27,
2013
   
    (in millions)      

Gain (loss) on hedging instruments

  $ 1      $ —       $ (6   $ 1      Cost of sales-products
 

 

 

   

 

 

   

 

 

   

 

 

   
    1        —         (6     1      Income before income taxes
    (1     —         1        —        Benefit (Provision) for income taxes
 

 

 

   

 

 

   

 

 

   

 

 

   
  $ —        $ —       $ (5   $ 1      Net income
 

 

 

   

 

 

   

 

 

   

 

 

   

Amortization of defined benefit pension items:

         

Net loss

  $ 3      $ 20      $ 11      $ 63      (a)
 

 

 

   

 

 

   

 

 

   

 

 

   
    3        20        11        63      Income before income taxes
    (1     (7     (4     (23   Provision for income taxes
 

 

 

   

 

 

   

 

 

   

 

 

   
  $ 2      $ 13      $ 7      $ 40      Net Income
 

 

 

   

 

 

   

 

 

   

 

 

   

Total reclassification for the period

  $ 2      $ 13      $ 2      $ 41      Net Income
 

 

 

   

 

 

   

 

 

   

 

 

   

 

(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 19 for additional information).