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Comprehensive Income (Tables)
6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Summary of Components of AOCI

Below is a summary of the components of AOCI:

 

(in millions)

 

Foreign

Currency

Translation

 

 

Marketable

Securities

 

 

Derivative

Instruments

 

 

Defined

Benefit

Plans

 

 

Income

Taxes

 

 

Total

 

Balance at December 31, 2016

 

$

(623

)

 

$

 

 

$

10

 

 

$

21

 

 

$

22

 

 

$

(570

)

Other comprehensive income before reclassifications

 

 

257

 

 

 

 

 

 

(5

)

 

 

 

 

 

83

 

 

 

335

 

Reclassification adjustments

 

 

 

 

 

 

 

 

2

 

 

 

 

 

 

 

 

 

2

 

Balance at June 30, 2017

 

$

(366

)

 

$

 

 

$

7

 

 

$

21

 

 

$

105

 

 

$

(233

)

 

Summary of Adjustments for (Gains) Losses Reclassified from AOCI into Condensed Consolidated Statements of Income and Affected Financial Statement Line Item

 

Below is a summary of the adjustments for (gains) losses reclassified from AOCI into the condensed consolidated statements of income and the affected financial statement line item:

 

 

 

Affected Financial Statement

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(in millions)

 

Line Item

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Derivative instruments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swaps

 

Interest expense

 

$

 

 

$

 

 

$

 

 

$

3

 

Foreign exchange forward contracts

 

Revenues

 

 

4

 

 

 

3

 

 

 

9

 

 

 

6

 

Foreign exchange forward contracts

 

Other expense (income), net

 

 

(4

)

 

 

 

 

 

(7

)

 

 

 

Total before income taxes

 

 

 

 

 

 

 

3

 

 

 

2

 

 

 

9

 

Income tax (expense) benefit

 

 

 

 

 

 

 

 

 

 

 

 

 

2

 

Total net of income taxes

 

 

 

$

 

 

$

3

 

 

$

2

 

 

$

7