CUMULATIVE OTHER COMPREHENSIVE INCOME (LOSS)

3 Months Ended

Mar. 31, 2016

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, 2015	$	207	$	(1,372	)	$	(11	)	$	(77	)	$	35		$	6	$	(1,212	)
Other comprehensive income (loss) before reclassifications	41		(22		)	—			—			—			—		19
Income taxes	—		6			—			—			—			—		6
Net other comprehensive income (loss) before reclassifications	41		(16		)	—			—			—			—		25
Amounts reclassified from cumulative other comprehensive income (loss)(1)	—		38			1			2			(2		)	—		39
Income taxes	—		(13		)	(1		)	(1		)	—			—		(15		)
Net amounts reclassified from cumulative other comprehensive income (loss)	—		25			—			1			(2		)	—		24
Total other comprehensive income (loss)	41		9			—			1			(2		)	—		49
Ending balance as of March 31, 2016	$	248	$	(1,363	)	$	(11	)	$	(76	)	$	33		$	6	$	(1,163	)
(1) Actuarial losses and prior service credits (cost) are included in the computation of net periodic benefit costs (credits). See Note 7: Pension and Other Postretirement Benefit Plans.