The following table details the activity of the four components that comprise Accumulated other comprehensive (loss) income for both Alcoa’s shareholders and noncontrolling interests:


	Alcoa									Noncontrolling Interests
	2014			2013			2012			2014			2013			2012
Pension and other postretirement benefits (W)
Balance at beginning of period	$	(3,532	)	$	(4,063	)	$	(3,534	)	$	(51	)	$	(77	)	$	(99	)
Other comprehensive (loss) income:
Unrecognized net actuarial loss and prior service cost/benefit		(492	)		281			(1,184	)		(22	)		28			15
Tax benefit (expense)		167			(88	)		398			7			(9	)		(4	)
Total Other comprehensive (loss) income before reclassifications, net of tax		(325	)		193			(786	)		(15	)		19			11
Amortization of net actuarial loss and prior service cost/benefit⁽¹⁾		394			520			396			3			11			16
Tax expense⁽²⁾		(138	)		(182	)		(139	)		(1	)		(4	)		(5	)
Total amount reclassified from Accumulated other comprehensive loss, net of tax⁽⁷⁾		256			338			257			2			7			11
Total Other comprehensive (loss) income		(69	)		531			(529	)		(13	)		26			22
Balance at end of period	$	(3,601	)	$	(3,532	)	$	(4,063	)	$	(64	)	$	(51	)	$	(77	)
Foreign currency translation
Balance at beginning of period	$	179		$	1,147		$	1,349		$	(110	)	$	257		$	351
Other comprehensive loss⁽³⁾		(1,025	)		(968	)		(202	)		(241	)		(367	)		(94	)
Balance at end of period	$	(846	)	$	179		$	1,147		$	(351	)	$	(110	)	$	257
Available-for-sale-securities
Balance at beginning of period	$	2		$	3		$	1		$	-		$	-		$	-
Other comprehensive (loss) income⁽⁴⁾		(2	)		(1	)		2			-			-			-
Balance at end of period	$	-		$	2		$	3		$	-		$	-		$	-
Cash flow hedges (X)
Balance at beginning of period	$	(308	)	$	(489	)	$	(443	)	$	(2	)	$	(5	)	$	(4	)
Other comprehensive income (loss):
Net change from periodic revaluations		78			205			(2	)		-			4			(1	)
Tax expense		(21	)		(43	)		(10	)		-			(1	)		-
Total Other comprehensive income (loss) before reclassifications, net of tax		57			162			(12	)		-			3			(1	)
Net amount reclassified to earnings:
Aluminum contracts⁽⁵⁾		27			18			(65	)		-			-			-
Foreign exchange contracts⁽⁵⁾		(3	)		2			-			-			-			-
Interest rate contracts⁽⁶⁾		1			2			3			-			-			-
Sub-total		25			22			(62	)		-			-			-
Tax (expense) benefit⁽²⁾		(4	)		(3	)		28			-			-			-
Total amount reclassified from Accumulated other comprehensive loss, net of tax⁽⁷⁾		21			19			(34	)		-			-			-
Total Other comprehensive income (loss)		78			181			(46	)		-			3			(1	)
Balance at end of period	$	(230	)	$	(308	)	$	(489	)	$	(2	)	$	(2	)	$	(5	)

⁽¹⁾	These amounts were included in the computation of net periodic benefit cost for pension and other postretirement benefits (see Note W).

⁽²⁾	These amounts were included in Provision for income taxes on the accompanying Statement of Consolidated Operations.

⁽³⁾	In all periods presented, there were no tax impacts related to rate changes and no amounts were reclassified to earnings.

⁽⁴⁾	In all periods presented, unrealized and realized gains and losses related to these securities were immaterial. Realized gains and losses were included in Other expenses (income), net on the accompanying Statement of Consolidated Operations.

⁽⁵⁾	These amounts were included in Sales on the accompanying Statement of Consolidated Operations.

⁽⁶⁾	These amounts were included in Interest expense on the accompanying Statement of Consolidated Operations.

⁽⁷⁾	A positive amount indicates a corresponding charge to earnings and a negative amount indicates a corresponding benefit to earnings. These amounts were reflected on the accompanying Statement of Consolidated Operations in the line items indicated in footnotes 1 through 6.