XML 28 R15.htm IDEA: XBRL DOCUMENT v3.4.0.3
Other Comprehensive (Loss) Income and Shareholders' (Deficit) Equity
 3 Months Ended
Mar. 31, 2016
Equity [Abstract]  
Other Comprehensive (Loss) Income and Shareholders' (Deficit) Equity
OTHER COMPREHENSIVE INCOME (LOSS) AND SHAREHOLDERS' (DEFICIT) EQUITY
The following tables detail the accumulated other comprehensive income (loss) activity for the 2016 first quarter and 2015 first quarter:
($ in millions)
Foreign Currency Translation Adjustments
 
Derivative Instrument Adjustments
 
Available-For-Sale Securities Unrealized Adjustments
 
Accumulated Other Comprehensive Loss
Balance at year-end 2015
$
(192
)
 
$
(8
)
 
$
4

 
$
(196
)
Other comprehensive income (loss) before reclassifications (1)
22

 
(5
)
 
1

 
18

Reclassification of losses from accumulated other comprehensive loss
—

 
1

 
—

 
1

Net other comprehensive income (loss)
22

 
(4
)
 
1

 
19

Balance at March 31, 2016
$
(170
)
 
$
(12
)
 
$
5

 
$
(177
)

($ in millions)
Foreign Currency Translation Adjustments
 
Derivative Instrument Adjustments
 
Available-For-Sale Securities Unrealized Adjustments
 
Accumulated Other Comprehensive Loss
Balance at year-end 2014
$
(72
)
 
$
(9
)
 
$
11

 
$
(70
)
Other comprehensive (loss) income before reclassifications (1)
(26
)
 
9

 
(1
)
 
(18
)
Reclassification of losses (gains) from accumulated other comprehensive loss
3

 
(5
)
 
—

 
(2
)
Net other comprehensive (loss) income
(23
)
 
4

 
(1
)
 
(20
)
Balance at March 31, 2015
$
(95
)
 
$
(5
)
 
$
10

 
$
(90
)

(1)
Other comprehensive income (loss) before reclassifications for foreign currency translation adjustments includes intra-entity foreign currency transactions that are of a long-term investment nature. These resulted in a loss of $20 million for the 2016 first quarter and a gain of $52 million for the 2015 first quarter.
The following table details the changes in common shares outstanding and shareholders’ deficit for the 2016 first quarter:
(in millions, except per share amounts)
 
 
Common
Shares
Outstanding
 
 
Total
 
Class A
Common
Stock
 
Additional
Paid-in-
Capital
 
Retained
Earnings
 
Treasury Stock,
at Cost
 
Accumulated
Other
Comprehensive
Loss
256.3

 
Balance at year-end 2015
$
(3,590
)
 
$
5

 
$
2,821

 
$
4,878

 
$
(11,098
)
 
$
(196
)
—

 
Net income
219

 
—

 
—

 
219

 
—

 
—

—

 
Other comprehensive income
19

 
—

 
—

 
—

 
—

 
19

—

 
Cash dividends ($0.25 per share)
(64
)
 
—

 
—

 
(64
)
 
—

 
—

1.6

 
Employee stock plan
(26
)
 
—

 
(70
)
 
(8
)
 
52

 
—

(3.7
)
 
Purchase of treasury stock
(225
)
 
—

 
—

 
—

 
(225
)
 
—

254.2

 
Balance at March 31, 2016
$
(3,667
)
 
$
5

 
$
2,751

 
$
5,025

 
$
(11,271
)
 
$
(177
)