XML 67 R42.htm IDEA: XBRL DOCUMENT v3.8.0.1
EQUITY ACTIVITY (Tables)
 12 Months Ended
Dec. 31, 2017
EQUITY ACTIVITY  
Reclassifications and Taxes Related to Items of Other Comprehensive Income

 

($ in millions)

 

 

 

Before Tax

 

Tax (Expense)/

 

Net of Tax

 

For the year ended December 31, 2017:

 

Amount

 

Benefit

 

Amount

 

Other comprehensive income/(loss)

 

 

 

 

 

 

 

Foreign currency translation adjustments

 

$
152

 

$
617

 

$
769

 

Net changes related to available-for-sale securities

 

 

 

 

 

 

 

Unrealized gains/(losses) arising during the period

 

$
1

 

$
(1

)

$
0

 

Reclassification of (gains)/losses to other (income) and expense

 
1

 
0

 
1

 

 

 

 

 

 

 

 

 

Total net changes related to available-for-sale securities

 

$
2

 

$
(1

)

$
1

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized gains/(losses) on cash flow hedges

 

 

 

 

 

 

 

Unrealized gains/(losses) arising during the period

 

$
(58

)

$
0

 

$
(58

)

Reclassification of (gains)/losses to:

 

 

 

 

 

 

 

Cost of sales

 
(3

)
1

 
(3

)

Cost of services

 
(70

)
27

 
(43

)

SG&A expense

 
(11

)
3

 
(9

)

Other (income) and expense

 
(324

)
124

 
(199

)

Interest expense

 
45

 
(17

)
28

 

 

 

 

 

 

 

 

 

Total unrealized gains/(losses) on cash flow hedges

 

$
(421

)

$
137

 

$
(284

)

 

 

 

 

 

 

 

 

 

 

 

Retirement-related benefit plans (1)

 

 

 

 

 

 

 

Prior service costs/(credits)

 

$
0

 

$
0

 

$
0

 

Net (losses)/gains arising during the period

 
682

 
(201

)
481

 

Curtailments and settlements

 
19

 
(5

)
14

 

Amortization of prior service (credits)/costs

 
(88

)
29

 
(58

)

Amortization of net (gains)/losses

 
2,889

 
(1,006

)
1,883

 

 

 

 

 

 

 

 

 

Total retirement-related benefit plans

 

$
3,502

 

$
(1,182

)

$
2,320

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income/(loss)

 

$
3,235

 

$
(429

)

$
2,806

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

These AOCI components are included in the computation of net periodic pension cost. (See note S, “Retirement-Related Benefits,” for additional information.)

 

($ in millions)

 

 

 

Before Tax

 

Tax (Expense)/

 

Net of Tax

 

For the year ended December 31, 2016:

 

Amount

 

Benefit

 

Amount

 

Other comprehensive income/(loss)

 

 

 

 

 

 

 

Foreign currency translation adjustments

 

$
(20

)

$
(120

)

$
(140

)

Net changes related to available-for-sale securities

 

 

 

 

 

 

 

Unrealized gains/(losses) arising during the period

 

$
(38

)

$
14

 

$
(23

)

Reclassification of (gains)/losses to other (income) and expense

 
34

 
(13

)
21

 

 

 

 

 

 

 

 

 

Total net changes related to available-for-sale securities

 

$
(3

)

$
1

 

$
(2

)

 

 

 

 

 

 

 

 

 

 

 

Unrealized gains/(losses) on cash flow hedges

 

 

 

 

 

 

 

Unrealized gains/(losses) arising during the period

 

$
243

 

$
(80

)

$
163

 

Reclassification of (gains)/losses to:

 

 

 

 

 

 

 

Cost of sales*

 
5

 
(5

)
1

 

Cost of services*

 
8

 
(3

)
5

 

SG&A expense

 
(4

)
(2

)
(7

)

Other (income) and expense

 
68

 
(26

)
42

 

Interest expense

 
24

 
(9

)
15

 

 

 

 

 

 

 

 

 

Total unrealized gains/(losses) on cash flow hedges

 

$
345

 

$
(126

)

$
219

 

 

 

 

 

 

 

 

 

 

 

 

Retirement-related benefit plans (1)

 

 

 

 

 

 

 

Net (losses)/gains arising during the period

 

$
(2,490

)

$
924

 

$
(1,566

)

Curtailments and settlements

 
(16

)
1

 
(15

)

Amortization of prior service (credits)/costs

 
(107

)
34

 
(74

)

Amortization of net (gains)/losses

 
2,764

 
(976

)
1,788

 

 

 

 

 

 

 

 

 

Total retirement-related benefit plans

 

$
150

 

$
(19

)

$
132

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income/(loss)

 

$
472

 

$
(263

)

$
209

 

 

 

 

 

 

 

 

 

 

 

 

 

*  Reclassified to conform to 2017 presentation.

(1)

These AOCI components are included in the computation of net periodic pension cost. (See note S, “Retirement-Related Benefits,” for additional information.)

 

($ in millions)

 

 

 

Before Tax

 

Tax (Expense)/

 

Net of Tax

 

For the year ended December 31, 2015:

 

Amount

 

Benefit

 

Amount

 

Other comprehensive income/(loss)

 

 

 

 

 

 

 

Foreign currency translation adjustments

 

$
(1,379

)

$
(342

)

$
(1,721

)

Net changes related to available-for-sale securities

 

 

 

 

 

 

 

Unrealized gains/(losses) arising during the period

 

$
(54

)

$
21

 

$
(33

)

Reclassification of (gains)/losses to other (income) and expense

 
86

 
(33

)
53

 

 

 

 

 

 

 

 

 

Total net changes related to available-for-sale securities

 

$
32

 

$
(12

)

$
20

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized gains/(losses) on cash flow hedges

 

 

 

 

 

 

 

Unrealized gains/(losses) arising during the period

 

$
618

 

$
(218

)

$
399

 

Reclassification of (gains)/losses to:

 

 

 

 

 

 

 

Cost of sales*

 
(192

)
59

 
(133

)

Cost of services*

 
0

 
(2

)
(2

)

SG&A expense

 
(149

)
43

 
(105

)

Other (income) and expense

 
(731

)
281

 
(451

)

Interest expense

 
0

 
0

 
0

 

 

 

 

 

 

 

 

 

Total unrealized gains/(losses) on cash flow hedges

 

$
(454

)

$
162

 

$
(292

)

 

 

 

 

 

 

 

 

 

 

 

Retirement-related benefit plans (1)

 

 

 

 

 

 

 

Prior service costs/(credits)

 

$
6

 

$
(2

)

$
4

 

Net (losses)/gains arising during the period

 
(2,963

)
1,039

 
(1,925

)

Curtailments and settlements

 
33

 
(9

)
24

 

Amortization of prior service (credits)/costs

 
(100

)
36

 
(65

)

Amortization of net (gains)/losses

 
3,304

 
(1,080

)
2,223

 

 

 

 

 

 

 

 

 

Total retirement-related benefit plans

 

$
279

 

$
(17

)

$
262

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income/(loss)

 

$
(1,523

)

$
(208

)

$
(1,731

)

 

 

 

 

 

 

 

 

 

 

 

 

*  Reclassified to conform to 2017 presentation.

(1)

These AOCI components are included in the computation of net periodic pension cost. (See note S, “Retirement-Related Benefits,” for additional information.)

 

Accumulated Other Comprehensive Income/(Loss) (net of tax)

 

($ in millions)

 

 

 

 

 

 

 

 

Net Unrealized

 

 

 

 

 

Net Unrealized

 

Foreign

 

Net Change

 

Gains/(Losses)

 

Accumulated

 

 

 

Gains/(Losses)

 

Currency

 

Retirement-

 

on Available-

 

Other

 

 

 

on Cash Flow

 

Translation

 

Related

 

For-Sale

 

Comprehensive

 

 

 

Hedges

 

Adjustments*

 

Benefit Plans

 

Securities

 

Income/(Loss)

 

December 31, 2014

 

$
392

 

$
(1,742

)

$
(26,509

)

$
(15

)

$
(27,875

)

Other comprehensive income before reclassifications

 
399

 
(1,721

)
(1,897

)
(33

)
(3,252

)

Amount reclassified from accumulated other comprehensive income

 
(691

)
0

 
2,158

 
53

 
1,520

 

 

 

 

 

 

 

 

 

 

 

 

 

Total change for the period

 
(292

)
(1,721

)
262

 
20

 
(1,731

)

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2015

 
100

 
(3,463

)
(26,248

)
5

 
(29,607

)

Other comprehensive income before reclassifications

 
163

 
(140

)
(1,581

)
(23

)
(1,581

)

Amount reclassified from accumulated other comprehensive income

 
56

 
0

 
1,714

 
21

 
1,791

 

 

 

 

 

 

 

 

 

 

 

 

 

Total change for the period

 
219

 
(140

)
132

 
(2

)
209

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2016

 
319

 
(3,603

)
(26,116

)
2

 
(29,398

)

Other comprehensive income before reclassifications

 
(58

)
769

 
495

 
0

 
1,206

 

Amount reclassified from accumulated other comprehensive income

 
(226

)
0

 
1,825

 
1

 
1,599

 

 

 

 

 

 

 

 

 

 

 

 

 

Total change for the period

 
(284

)
769

 
2,320

 
1

 
2,806

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2017

 

$
35

 

$
(2,834

)

$
(23,796

)

$
3

 

$
(26,592

)

 

*Foreign currency translation adjustments are presented gross except for any associated hedges which are presented net of tax.