Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Mar. 31, 2015

Accumulated Other Comprehensive Loss

Summary of accumulated other comprehensive loss

				Deferred						Unrealized			Accumulated
	Cumulative			Gain/(Loss)			Pension/			Loss			Other
	Translation			on Hedging			Postretirement			on			Comprehensive
(in millions)	Adjustment			Activities			Adjustment			Investment			Loss
Balance, December 31, 2014	$	(701	)	$	(19	)	$	(61	)	$	(1	)	$	(782	)
Losses on cash-flow hedges, net of income tax effect of $6				(14		)							(14		)
Amount of losses on cash-flow hedges reclassified to earnings, net of income tax effect of $4				10									10
Actuarial gains on pension and postretirement obligations, settlements and plan amendments, net of income tax effect of $2							7						7
Currency translation adjustment	(146		)										(146		)
Balance, March 31, 2015	$	(847	)	$	(23	)	$	(54	)	$	(1	)	$	(925	)

				Deferred						Unrealized			Accumulated
	Cumulative			Gain/(Loss)			Pension/			Loss			Other
	Translation			on Hedging			Postretirement			on			Comprehensive
(in millions)	Adjustment			Activities			Adjustment			Investment			Loss
Balance, December 31, 2013	$	(489	)	$	(40	)	$	(53	)	$	(1	)	$	(583	)
Gains on cash-flow hedges, net of income tax effect of $13				26									26
Amount of losses on cash-flow hedges reclassified to earnings, net of income tax effect of $6				13									13
Losses related to pension and other postretirement obligations reclassified to earnings, net of income tax effect							1						1
Currency translation adjustment	(32		)										(32		)
Balance, March 31, 2014	$	(521	)	$	(1	)	$	(52	)	$	(1	)	$	(575	)

Schedule of reclassifications from AOCI into net income

	Amount Reclassified from AOCI
Details about AOCI Components	Three Months ended March 31,				Affected Line Item in Condensed Consolidated
(in millions)	2015		2014		Statements of Income
Losses on cash-flow hedges:
Commodity and foreign currency contracts	(13	)	(18	)	Cost of sales
Interest rate contracts	(1	)	(1	)	Financing costs, net
Losses related to pension and other postretirement obligations	—		(1	)	(a)
Total before tax reclassifications	(14	)	(20	)
Income tax benefit	4		6
Total after-tax reclassifications	(10	)	(14	)

(a) This component is included in the computation of net periodic benefit cost and affects both cost of sales and operating expenses on the Condensed Consolidated Statements of Income.