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CUMULATIVE OTHER COMPREHENSIVE INCOME (LOSS)
3 Months Ended
Mar. 31, 2015
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, 2014
$
304

$
(1,623
)
$
(15
)
$
(108
)
$
43

$
6

$
(1,393
)
Other comprehensive income (loss) before reclassifications
(47
)
40


2

(1
)
1

(5
)
Income taxes

(10
)




(10
)
Net other comprehensive income (loss) before reclassifications
(47
)
30


2

(1
)
1

(15
)
Amounts reclassified from cumulative other comprehensive income (loss)(1)

44

1

2

(2
)

45

Income taxes

(15
)

(1
)


(16
)
Net amounts reclassified from cumulative other comprehensive income (loss)

29

1

1

(2
)

29

Total other comprehensive income (loss)
(47
)
59

1

3

(3
)
1

14

Ending balance as of March 31, 2015
$
257

$
(1,564
)
$
(14
)
$
(105
)
$
40

$
7

$
(1,379
)
(1) Actuarial losses and prior service credits (cost) are included in the computation of net periodic benefit costs (credits). See Note 6: Pension and Other Postretirement Benefit Plans.