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Accumulated Other Comprehensive Income/(Loss)
 12 Months Ended
Dec. 31, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)
ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

The changes in the balances for each component of accumulated other comprehensive income/(loss) attributable to Ford Motor Company for the years ended December 31 were as follows (in millions):
 
2014
 
2015
 
2016
Foreign currency translation
 
 
 
 
 
Beginning balance
$
(2,402
)
 
$
(2,438
)
 
$
(3,570
)
Gains/(Losses) on foreign currency translation
(206
)
 
(969
)
 
(494
)
Less: Tax/(Tax benefit) (a)
(17
)
 
177

 
537

Net gains/(losses) on foreign currency translation
(189
)
 
(1,146
)
 
(1,031
)
(Gains)/Losses reclassified from AOCI to net income (b)
153

 
14

 
8

Other comprehensive income/(loss), net of tax
(36
)
 
(1,132
)
 
(1,023
)
Ending balance
$
(2,438
)
 
$
(3,570
)
 
$
(4,593
)
 
 
 
 
 
 
Marketable securities
 
 
 
 
 
Beginning balance
$
—

 
$
—

 
$
(6
)
Gains/(Losses) on available for sale securities
—

 
(10
)
 
(13
)
Less: Tax/(Tax benefit)
—

 
(4
)
 
(10
)
Net gains/(losses) on available for sale securities
—

 
(6
)
 
(3
)
(Gains)/Losses reclassified from AOCI to net income
—

 
—

 
(1
)
Less: Tax/(Tax benefit)
—

 
—

 
4

Net (gains)/losses reclassified from AOCI to net income
—

 
—

 
(5
)
Other comprehensive income/(loss), net of tax
—

 
(6
)
 
(8
)
Ending balance
$
—

 
$
(6
)
 
$
(14
)
 
 
 
 
 
 
Derivative instruments
 
 
 
 
 
Beginning balance
$
19

 
$
(163
)
 
$
64

Gains/(Losses) on derivative instruments
(271
)
 
123

 
770

Less: Tax/(Tax benefit)
(96
)
 
50

 
144

Net gains/(losses) on derivative instruments
(175
)
 
73

 
626

(Gains)/Losses reclassified from AOCI to net income
(78
)
 
239

 
(537
)
Less: Tax/(Tax benefit)
(71
)
 
85

 
(130
)
Net (gains)/losses reclassified from AOCI to net income (c)
(7
)
 
154

 
(407
)
Other comprehensive income/(loss), net of tax
(182
)
 
227

 
219

Ending balance
$
(163
)
 
$
64

 
$
283

 
 
 
 
 
 
Pension and other postretirement benefits
 
 
 
 
 
Beginning balance
$
(2,641
)
 
$
(2,664
)
 
$
(2,745
)
Prior service (costs)/credits arising during the period
(11
)
 
(104
)
 
(16
)
Less: Tax/(Tax benefit)
(2
)
 
(41
)
 
(4
)
Net prior service (costs)/credits arising during the period
(9
)
 
(63
)
 
(12
)
Amortization and recognition of prior service costs/(credits) (d)
(19
)
 
(2
)
 
66

Less: Tax/(Tax benefit)
(7
)
 
6

 
22

Net prior service costs/(credits) reclassified from AOCI to net income
(12
)
 
(8
)
 
44

Translation impact on non-U.S. plans
(2
)
 
(10
)
 
24

Other comprehensive income/(loss), net of tax
(23
)
 
(81
)
 
56

Ending balance
$
(2,664
)
 
$
(2,745
)
 
$
(2,689
)
 
 
 
 
 
 
Total AOCI ending balance at December 31
$
(5,265
)
 
$
(6,257
)
 
$
(7,013
)
__________
(a)
We do not recognize deferred taxes for a majority of the foreign currency translation gains and losses because we do not anticipate reversal in the foreseeable future. However, we have made elections to tax certain non-U.S. operations simultaneously in U.S. tax returns, and have recorded deferred taxes for temporary differences that will reverse, independent of repatriation plans, on U.S. tax returns. Taxes or tax benefits resulting from foreign currency translation of the temporary differences are recorded in Other comprehensive income/(loss), net of tax.
(b)
Reclassified to Non-Financial Services interest income and other income/(loss), net.
(c)
Reclassified to Cost of sales. During the next twelve months we expect to reclassify existing net gains on cash flow hedges of $358 million. See Note 17 for additional information.
(d)
Amortization and recognition of prior service costs/(credits) is included in the computation of net periodic pension cost. See Note 13 for additional information.