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CUMULATIVE OTHER COMPREHENSIVE INCOME (LOSS)
6 Months Ended
Jun. 30, 2013
CUMULATIVE OTHER COMPREHENSIVE INCOME (LOSS)
CUMULATIVE OTHER COMPREHENSIVE INCOME (LOSS)
Changes in amounts included in our cumulative other comprehensive income (loss) by component are:
 
 
PENSION
OTHER POSTRETIREMENT BENEFITS
 
 
DOLLAR AMOUNTS IN MILLIONS
Foreign currency translation adjustments
Actuarial losses
Prior service costs
Actuarial losses
Prior service credits
Unrealized gains on available-for-sale securities
Total
Beginning balance as of December 31, 2012
$
413

$
(1,942
)
$
(23
)
$
(137
)
$
127

$
4

$
(1,558
)
Other comprehensive income (loss) before reclassifications
(47
)
33


2

(2
)
1

(13
)
Income taxes

(8
)


1


(7
)
Net other comprehensive income (loss) before reclassifications
(47
)
25


2

(1
)
1

(20
)
Amounts reclassified from cumulative other comprehensive income (loss)(1)

111

3

7

(12
)

109

Income taxes

(37
)
(1
)
(4
)
3


(39
)
Net amounts reclassified from cumulative other comprehensive income (loss)

74

2

3

(9
)

70

Total other comprehensive income (loss)
(47
)
99

2

5

(10
)
1

50

Ending balance as of
June 30, 2013
$
366

$
(1,843
)
$
(21
)
$
(132
)
$
117

$
5

$
(1,508
)
(1) Actuarial losses and prior service credits (cost) are included in the computation of net periodic benefit costs (credits). See Note 5: Pension and Other Postretirement Benefit Plans.