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Shareholders' Equity (Tables)
6 Months Ended
Jun. 30, 2015
Equity [Abstract]  
Schedule of components of weighted average number of shares
Weighted average shares outstanding are as follows (in millions):
 
Three months ended June 30,
 
Six months ended June 30,
 
2015
 
2014
 
2015
 
2014
Shares for basic earnings per share
284.5

 
298.5

 
284.3

 
301.0

Common stock equivalents
2.2

 
3.1

 
2.6

 
3.4

Shares for diluted earnings per share
286.7

 
301.6

 
286.9

 
304.4


Components of Accumulated other comprehensive loss, net of related tax
Changes in Accumulated other comprehensive loss by component, net of related tax, are as follows (in millions):
 
Change in Fair Value of Financial Instruments (1)
 
Foreign Currency Translation Adjustments
 
Post-Retirement Benefit Obligation (2)
 
Total
Balance at December 31, 2014
$
(17
)
 
$
(335
)
 
$
(2,782
)
 
$
(3,134
)
Other comprehensive income (loss) before reclassifications, net
5

 
(145
)
 
3

 
(137
)
Amounts reclassified from accumulated other comprehensive loss:
 
 


 


 


Amounts reclassified from accumulated other comprehensive loss
11

 

 
59

 
70

Tax benefit
(17
)
 

 
(18
)
 
(35
)
Amounts reclassified from accumulated other comprehensive loss, net
(6
)
 

 
41

 
35

Net current period other comprehensive (loss) income
(1
)
 
(145
)
 
44

 
(102
)
Balance at June 30, 2015
$
(18
)
 
$
(480
)
 
$
(2,738
)
 
$
(3,236
)
______________________________________________
(1) Reclassifications from this category included in Accumulated other comprehensive loss are recorded in Other income (expense).
(2) Reclassifications from this category included in Accumulated other comprehensive loss are recorded in Compensation and benefits