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Shareholders' Equity
 12 Months Ended
Dec. 31, 2015
Stockholders' Equity Note [Abstract]  
Shareholders' Equity
Shareholders’ Equity
On December 14, 2015, the Board approved a new repurchase plan for up to $14,000 of common stock, replacing the previously authorized program. The program will expire when we have used all authorized funds or is otherwise terminated.
As of December 31, 2015 and 2014, there were 1,200,000,000 shares of common stock and 20,000,000 shares of preferred stock authorized. No preferred stock has been issued.
Changes in Share Balances
The following table shows changes in each class of shares:
 
Common
Stock

 
Treasury
Stock

Balance at January 1, 2013
1,012,261,159

 
256,630,628

Issued
 
 
(17,903,704
)
Acquired
 
 
26,155,537

Balance at December 31, 2013
1,012,261,159

 
264,882,461

Issued
 
 
(6,719,270
)
Acquired
 
 
47,370,415

Balance at December 31, 2014
1,012,261,159

 
305,533,606

Issued
 
 
(7,288,113
)
Acquired
 
 
47,391,861

Balance at December 31, 2015
1,012,261,159

 
345,637,354


Accumulated Other Comprehensive Loss
Changes in Accumulated other comprehensive income/(loss) (AOCI) by component for the years ended December 31, 2015, 2014 and 2013 were as follows:
 
Currency Translation Adjustments

 
Unrealized Gains and Losses on Certain Investments

 
Unrealized Gains and Losses on Derivative Instruments

 
Defined Benefit Pension Plans & Other Postretirement Benefits

 
Total (1)

Balance at January 1, 2013

$214

 

($8
)
 

$86

 

($17,708
)
 

($17,416
)
Other comprehensive income/(loss) before reclassifications
(64
)
 

 
(75
)
 
6,093

 
5,954

Amounts reclassified from AOCI

 

 
(17
)
 
1,585

(2) 
1,568

Net current period Other comprehensive loss
(64
)
 

 
(92
)
 
7,678

 
7,522

Balance at December 31, 2013

$150

 

($8
)
 

($6
)
 

($10,030
)
 

($9,894
)
Other comprehensive income/(loss) before reclassifications
(97
)
 

 
(137
)
 
(4,644
)
 
(4,878
)
Amounts reclassified from AOCI

 

 
7

 
862

(2) 
869

Net current period Other comprehensive income/(loss)
(97
)
 

 
(130
)
 
(3,782
)
 
(4,009
)
Balance at December 31, 2014

$53

 

($8
)
 

($136
)
 

($13,812
)
 

($13,903
)
Other comprehensive income/(loss) before reclassifications
(92
)
 

$8

 
(140
)
 
173

 
(51
)
Amounts reclassified from AOCI


 


 
79

 
1,127

(2) 
1,206

Net current period Other comprehensive income/(loss)
(92
)
 
8

 
(61
)
 
1,300

 
1,155

Balance at December 31, 2015

($39
)
 


 

($197
)
 

($12,512
)
 

($12,748
)
(1) 
Net of tax.
(2) 
Primarily relates to amortization of actuarial losses for the years ended December 31, 2015, 2014, and 2013 totaling $1,038, $661, and $1,516 (net of tax of ($570), ($367), and ($849)), respectively. These are included in the net periodic pension cost of which a portion is allocated to production as inventoried costs. See Note 14.