Accumulated Other Comprehensive (Loss) Income (AOCI)

9 Months Ended

Sep. 23, 2016

Equity [Abstract]

Accumulated Other Comprehensive (Loss) Income (AOCI)

12.  Accumulated Other Comprehensive (Loss) Income (AOCI)

The changes in the AOCI balances, including amounts reclassified from AOCI into net income, are presented in the table below.

	Foreign currency translation			Unrealized (losses) gains on hedging instruments			Unrecognized losses and prior service cost, net			Total accumulated other comprehensive loss
	(in millions)
Balance at December 31, 2015	$	(101	)	$	(8	)	$	(465	)	$	(574	)
Other comprehensive (loss) income before reclassifications, net of tax		(27	)		2			—			(25	)
Amounts reclassified from AOCI, net of tax		—			8			24			32
Net current period other comprehensive income		(27	)		10			24			7
Balance at September 23, 2016	$	(128	)	$	2		$	(441	)	$	(567	)
Balance at December 31, 2014	$	19		$	(5	)	$	(598	)	$	(584	)
Other comprehensive loss before reclassifications, net of tax		(125	)		(13	)		—			(138	)
Amounts reclassified from AOCI, net of tax		41			10			41			92
Net current period other comprehensive (loss) income		(84	)		(3	)		41			(46	)
Balance at September 25, 2015	$	(65	)	$	(8	)	$	(557	)	$	(630	)

Further details regarding the amounts reclassified from AOCI into net income are presented in the table below.

	Amount Reclassified from AOCI(a)												Affected Line Item in the Unaudited Condensed Consolidated Statements of Operations
	Third Quarter Ended						Year-to-Date Ended
Details About AOCI Components	September 23, 2016			September 25, 2015			September 23, 2016			September 25, 2015
	(in millions)
Foreign currency translation adjustment:
MSI divestiture	$	—		$	—		$	—		$	(41	)	Loss related to business divestitures
		—			—			—			(41	)	Income from continuing operations before income taxes
		—			—			—			—		Provision for income taxes
	$	—		$	—		$	—		$	(41	)	Income from continuing operations
Loss on hedging instruments:
MSI divestiture	$	—		$	—		$	—		$	(2	)	Loss related to business divestitures
Other		(4	)		(4	)		(8	)		(10	)	Cost of sales-products
		(4	)		(4	)		(8	)		(12	)	Income from continuing operations before income taxes
		—			—			—			2		Provision for income taxes
	$	(4	)	$	(4	)	$	(8	)	$	(10	)	Income from continuing operations
Amortization of defined benefit pension items:
MSI divestiture	$	—		$	—		$	—		$	(14	)	Loss related to business divestitures
Net loss		(12	)		(17	)		(37	)		(50	)	(b)
		(12	)		(17	)		(37	)		(64	)	Income from continuing operations before income taxes
		4			7			13			23		Provision for income taxes
	$	(8	)	$	(10	)	$	(24	)	$	(41	)	Income from continuing operations
Total reclassification for the period	$	(12	)	$	(14	)	$	(32	)	$	(92	)	Income from continuing operations

^(a)  Amounts in parenthesis indicate charges to the unaudited condensed consolidated statements of operations.

^(b)  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).