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Accumulated Other Comprehensive Income (Tables)
12 Months Ended
Dec. 31, 2014
Accumulated Other Comprehensive Income  
Schedule of the changes in accumulated other comprehensive income (loss) from continuing operations, net of income taxes

The components of the changes in accumulated other comprehensive income from continuing operations, net of income taxes, are as follows: (in millions)

                                                                                                                                                                                    

                                                                                                                                                                                    

 

 

Cumulative
Foreign
Currency
Translation
Adjustments

 

Net
Actuarial
Losses and
Prior
Service
Costs and
Credits

 

Cumulative
Unrealized
Gains on
Marketable
Equity
Securities

 

Cumulative
Gains on
Derivative
Instruments
Designated as
Cash Flow
Hedges

 

Total

 

Balance at December 31, 2012

 

$

(79

)

$

(3,596

)

$

31

 

$

50

 

$

(3,594

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Separation of AbbVie

 

 

(400

)

 

1,402

 

 

 

 

8

 

 

1,010

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Other comprehensive income (loss) before reclassifications

 

 

(239

)

 

771

 

 

22

 

 

(23

)

 

531

 

Income (loss) amounts reclassified from accumulated other comprehensive income (a)

 

 

 

 

111

 

 

(40

)

 

(30

)

 

41

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Net current period comprehensive income (loss)

 

 

(239

)

 

882

 

 

(18

)

 

(53

)

 

572

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Balance at December 31, 2013

 

 

(718

)

 

(1,312

)

 

13

 

 

5

 

 

(2,012

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Other comprehensive income (loss) before reclassifications

 

 

(2,206

)

 

(970

)

 

4

 

 

106

 

 

(3,066

)

Income (loss) amounts reclassified from accumulated other comprehensive income (a)

 

 

 

 

53

 

 

(16

)

 

(12

)

 

25

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Net current period comprehensive income (loss)

 

 

(2,206

)

 

(917

)

 

(12

)

 

94

 

 

(3,041

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Balance at December 31, 2014

 

$

(2,924

)

$

(2,229

)

$

1

 

$

99

 

$

(5,053

)

​  

​  

​  

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(a)

Reclassified amounts for foreign currency translation are recorded in the Consolidated Statement of Earnings as Net Foreign exchange loss (gain); gains on marketable equity securities are recorded as Other (income) expense and gains/losses related to cash flow hedges are recorded as Cost of product sold. Net actuarial losses and prior service cost is included as a component of net periodic benefit plan cost — see Note 13 for additional information.