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EQUITY
6 Months Ended
Jun. 30, 2015
Equity [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]
EQUITY

 
Common Stock
 
Capital in  Excess
of Par Value
of Stock
 
Retained
Earnings
 
Treasury Stock
 
Noncontrolling
Interest
Dollars and Shares in Millions
Shares
 
Par Value
 
Shares
 
Cost
 
Balance at January 1, 2014
2,208

 
$
221

 
$
1,922

 
$
32,952

 
559

 
$
(17,800
)
 
$
82

Net earnings

 

 

 
1,270

 

 

 
1

Cash dividends declared

 

 

 
(1,196
)
 

 

 

Employee stock compensation plans

 

 
(427
)
 

 
(8
)
 
591

 

Debt conversion

 

 
(16
)
 

 
(1
)
 
35

 

Distributions

 

 

 

 

 

 
(31
)
Balance at June 30, 2014
2,208

 
$
221

 
$
1,479

 
$
33,026

 
550

 
$
(17,174
)
 
$
52

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at January 1, 2015
2,208

 
$
221

 
$
1,507

 
$
32,541

 
547

 
$
(16,992
)
 
$
131

Net earnings

 

 

 
1,056

 

 

 
43

Cash dividends declared

 

 

 
(1,236
)
 

 

 

Employee stock compensation plans

 

 
(144
)
 

 
(6
)
 
341

 

Debt conversion

 

 

 

 

 
2

 

Distributions

 

 

 

 

 

 
(6
)
Balance at June 30, 2015
2,208

 
$
221

 
$
1,363

 
$
32,361

 
541

 
$
(16,649
)
 
$
168



The components of other comprehensive income/(loss) were as follows:
 
2015
 
2014
 
Pretax
 
Tax
 
After tax
 
Pretax
 
Tax
 
After tax
Three Months Ended June 30,
 
 
 
 
 
 
 
 
 
 
 
Derivatives qualifying as cash flow hedges:(a)
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains/(losses)
$
35

 
$
(19
)
 
$
16

 
$
(14
)
 
$
4

 
$
(10
)
Reclassified to net earnings
(36
)
 
11

 
(25
)
 
7

 
(2
)
 
5

Derivatives qualifying as cash flow hedges
(1
)
 
(8
)
 
(9
)
 
(7
)
 
2

 
(5
)
Pension and postretirement benefits:
 
 
 
 
 
 
 
 
 
 
 
Actuarial gains/(losses)
412

 
(145
)
 
267

 
(49
)
 
13

 
(36
)
Amortization(b)
24

 
(9
)
 
15

 
27

 
(6
)
 
21

Settlements(c)
36

 
(12
)
 
24

 
45

 
(17
)
 
28

Pension and postretirement benefits
472

 
(166
)
 
306

 
23

 
(10
)
 
13

Available-for-sale securities:
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains/(losses)
(32
)
 
9

 
(23
)
 
25

 
(11
)
 
14

Realized (gains)/losses
1

 

 
1

 
(1
)
 

 
(1
)
Available-for-sale securities
(31
)
 
9

 
(22
)
 
24

 
(11
)
 
13

Foreign currency translation
(26
)
 
(6
)
 
(32
)
 
21

 

 
21

 
$
414

 
$
(171
)
 
$
243

 
$
61

 
$
(19
)
 
$
42

 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30,
 
 
 
 
 
 
 
 
 
 
 
Derivatives qualifying as cash flow hedges:(a)
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains/(losses)
$
70

 
$
(30
)
 
$
40

 
$
(19
)
 
$
6

 
$
(13
)
Reclassified to net earnings
(63
)
 
20

 
(43
)
 
5

 

 
5

Derivatives qualifying as cash flow hedges
7

 
(10
)
 
(3
)
 
(14
)
 
6

 
(8
)
Pension and postretirement benefits:
 
 
 
 
 
 
 
 
 
 
 
Actuarial gains/(losses)
292

 
(103
)
 
189

 
(299
)
 
103

 
(196
)
Amortization(b)
47

 
(15
)
 
32

 
53

 
(19
)
 
34

Curtailments and settlements(c)
63

 
(22
)
 
41

 
99

 
(38
)
 
61

Pension and postretirement benefits
402

 
(140
)
 
262

 
(147
)
 
46

 
(101
)
Available-for-sale securities:
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains/(losses)
(7
)
 
1

 
(6
)
 
29

 
(13
)
 
16

Realized gains

 

 

 
(1
)
 

 
(1
)
Available-for-sale securities
(7
)
 
1

 
(6
)
 
28

 
(13
)
 
15

Foreign currency translation
20

 
(21
)
 
(1
)
 
10

 

 
10

 
$
422

 
$
(170
)
 
$
252

 
$
(123
)
 
$
39

 
$
(84
)

(a)
Included in cost of products sold.
(b)
Included in cost of products sold, research and development, and marketing, selling and administrative expenses.
(c)
Included in other (income)/expense.

The accumulated balances related to each component of other comprehensive loss, net of taxes, were as follows:
Dollars in Millions
June 30,
2015
 
December 31, 2014
Derivatives qualifying as cash flow hedges
$
82

 
$
85

Pension and other postretirement benefits
(1,919
)
 
(2,181
)
Available-for-sale securities
25

 
31

Foreign currency translation
(361
)
 
(360
)
Accumulated other comprehensive loss
$
(2,173
)
 
$
(2,425
)