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Accumulated Other Comprehensive Income/(Loss)
12 Months Ended
Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)
ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

The changes in the accumulated balances for each component of AOCI attributable to Ford Motor Company for the years ended December 31 were as follows (in millions):
 
2014
 
2013
 
2012
Foreign currency translation
 
 
 
 
 
Beginning balance
$
(1,746
)
 
$
(1,245
)
 
$
(1,386
)
Gains/(Losses) on foreign currency translation
(702
)
 
(665
)
 
156

Less: Tax/(Tax benefit)
53

 
(53
)
 

Net gains/(losses) on foreign currency translation
(755
)
 
(612
)
 
156

(Gains)/Losses reclassified from AOCI to income (a)
153

 
111

 
(15
)
Other comprehensive income/(loss), net of tax
(602
)
 
(501
)
 
141

Ending balance
$
(2,348
)
 
$
(1,746
)
 
$
(1,245
)
 
 
 
 
 
 
Derivative instruments (b)
 
 
 
 
 
Beginning balance
$
40

 
$
(175
)
 
$
(181
)
Gains/(Losses) on derivative instruments
(271
)
 
317

 
(371
)
Less: Tax/(Tax benefit)
(96
)
 
141

 
(115
)
Net gains/(losses) on derivative instruments
(175
)
 
176

 
(256
)
(Gains)/Losses reclassified from AOCI to income
(78
)
 
80

 
377

Less: Tax/(Tax benefit)
(71
)
 
41

 
115

Net gains/(losses) reclassified from AOCI to net income (c)
(7
)
 
39

 
262

Other comprehensive income/(loss), net of tax
(182
)
 
215

 
6

Ending balance
$
(142
)
 
$
40

 
$
(175
)
 
 
 
 
 
 
Pension and other postretirement benefits
 
 
 
 
 
Beginning balance
$
(16,524
)
 
$
(21,438
)
 
$
(17,170
)
Prior service cost arising during the period
(11
)
 
2

 
(32
)
Less: Tax/(Tax benefit)
(2
)
 

 
(1
)
Net prior service cost arising during the period
(9
)
 
2

 
(31
)
Gains/(Losses) arising during the period
(3,321
)
 
5,404

 
(6,931
)
Less: Tax/(Tax benefit)
(1,088
)
 
1,883

 
(2,238
)
Net gains/(losses) arising during the period
(2,233
)
 
3,521

 
(4,693
)
Amortization of prior service costs/(credits) (d)
(19
)
 
(43
)
 
(253
)
Amortization of (gains)/losses (d)
891

 
1,499

 
966

Recognition of (gains)/losses due to curtailments (d)

 
(2
)
 
(11
)
Recognition of (gains)/losses due to settlements (d)
19

 
599

 
250

Less: Tax/(Tax benefit)
259

 
632

 
304

Net amortization and (gains)/losses reclassified from AOCI to net income
632

 
1,421

 
648

Translation impact on non-U.S. AOCI balances
592

 
(30
)
 
(192
)
Other comprehensive income/(loss), net of tax
(1,018
)
 
4,914

 
(4,268
)
Ending balance
$
(17,542
)
 
$
(16,524
)
 
$
(21,438
)
 
 
 
 
 
 
Total AOCI ending balance at December 31
$
(20,032
)
 
$
(18,230
)
 
$
(22,858
)
__________
(a)
The accumulated translation adjustments related to an investment in a foreign subsidiary are reclassified to Automotive interest income and other income/(loss), net, Financial Services other income/(loss), net, or Equity in net income of affiliated companies.
(b)
We expect to reclassify existing net losses of $145 million from Accumulated other comprehensive income/(loss) to Automotive cost of sales during the next twelve months as the underlying exposures are realized.
(c)
Gains/(losses) on cash flow hedges are reclassified from AOCI to income when the hedged item affects earnings and is recognized in Automotive cost of sales. See Note 16 for additional information.
(d)
These AOCI components are included in the computation of net periodic pension cost. See Note 12 for additional information.