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Shareholders' Equity
 12 Months Ended
Dec. 26, 2015
Stockholders' Equity Note [Abstract]  
Shareholders' Equity
Shareholders’ Equity

Under the authority of our Board of Directors, we repurchased shares of our Common Stock during 2015, 2014 and 2013.  All amounts exclude applicable transaction fees.  
 
 
 
Shares Repurchased
(thousands)
 
 
Dollar Value of Shares
Repurchased
 
Authorization Date
 
2015

 
 
2014

 
 
2013

 
 
2015

 
 
2014

 
 
2013

 
December 2015
 
932

 
 
—

 
 
—

 
 
$
67

 
 
$
—

 
 
$
—

 
November 2014
 
13,231

 
 
—

 
 
—

 
 
1,000

 
 
—

 
 
—

 
November 2013
 
1,779

 
 
8,488

 
 
—

 
 
133

 
 
617

 
 
—

 
November 2012
 
—

 
 
2,737

 
 
10,922

 
 
—

 
 
203

 
 
750

 
Total
 
15,942

 
 
11,225

 
 
10,922

(a) 
 
$
1,200

 
 
$
820

 
 
$
750

(a) 

(a)
2013 amount excludes the effect of $20 million in share repurchases (0.3 million shares) with trade dates prior to the 2012 fiscal year end but with settlement dates subsequent to the 2012 fiscal year end.

On December 8, 2015, our Board of Directors authorized share repurchases through December 2016 of up to $1 billion (excluding applicable transaction fees) of our outstanding Common Stock. As of December 26, 2015, we have $933 million available for future repurchases under this authorization.

Changes in accumulated other comprehensive income (loss) ("OCI") are presented below.
 
 
Translation Adjustments and Gains (Losses) From Intra-Entity Transactions of a Long-Term Nature
 
Pension and Post-Retirement Benefits(a)
 
Derivative Instruments
 
Total
Balance at December 28, 2013, net of tax
 
$
170

 
$
(97
)
 
$
(9
)
 
64

 
 
 
 
 
 
 
 
 
Gains (losses) arising during the year classified into accumulated OCI, net of tax
 
(143
)
 
(131
)
 
15

 
(259
)
 
 
 
 
 
 
 
 
 
(Gains) losses reclassified from accumulated OCI, net of tax
 
2

 
18

 
(15
)
 
5

 
 
 
 
 
 
 
 
 
OCI, net of tax
 
(141
)
 
(113
)
 
—

 
(254
)
 
 
 
 
 
 
 
 
 
Balance at December 27, 2014, net of tax
$
29

 
$
(210
)
 
$
(9
)
 
$
(190
)
 
 
 
 
 
 
 
 
 
Gains (losses) arising during the year classified into accumulated OCI, net of tax
 
(250
)
 
63
 
28
 
(159
)
 
 
 
 
 
 
 
 
 
(Gains) losses reclassified from accumulated OCI, net of tax
 
112
 
34
 
(36
)
 
110
 
 
 
 
 
 
 
 
 
OCI, net of tax
 
(138
)
 
97

 
(8
)
 
(49
)
 
 
 
 
 
 
 
 
 
Balance at December 26, 2015, net of tax
$
(109
)
 
(113
)
 
$
(17
)
 
(239
)

(a)
Amounts reclassified from accumulated OCI for pension and post-retirement benefit plan losses during 2015 include amortization of net losses of $46 million, settlement charges of $5 million, amortization of prior service cost of $2 million and related income tax benefit of $20 million. Amounts reclassified from accumulated OCI for pension and post-retirement benefit plan losses during 2014 include amortization of net losses of $20 million, settlement charges of $6 million, amortization of prior service cost of $1 million and the related income tax benefit of $9 million. See Note 13.