XML 25 R10.htm IDEA: XBRL DOCUMENT v3.5.0.2
OTHER COMPREHENSIVE INCOME Footnote
 6 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Other Comprehensive Income [Note Text Block]
OTHER COMPREHENSIVE INCOME

The following table presents changes in AOCI for the three-month period ended June 30, 2016:
In millions
 
Defined Benefit Pension and Postretirement Items (a)
 
Change in Cumulative Foreign Currency Translation Adjustments (a)
 
Net Gains and Losses on Cash Flow Hedging Derivatives (a)
 
Total (a)
Balance, April 1, 2016
 
$
(3,088
)
 
$
(2,314
)
 
$
13

 
$
(5,389
)
Other comprehensive income (loss) before reclassifications
 
(545
)
 
137

 
(14
)
 
(422
)
Amounts reclassified from accumulated other comprehensive income
 
335

 
(3
)
 
(3
)
 
329

Net Current Period Other Comprehensive Income (Loss)
 
(210
)
 
134

 
(17
)
 
(93
)
Other Comprehensive Income (Loss) Attributable to Noncontrolling Interest
 
—

 
1

 
—

 
1

Balance, June 30, 2016
 
$
(3,298
)
 
$
(2,179
)
 
$
(4
)
 
$
(5,481
)
(a)
All amounts are net of tax. Amounts in parentheses indicate debits to AOCI.

The following table presents changes in AOCI for the three-month period ended June 30, 2015:
In millions
 
Defined Benefit Pension and Postretirement Items (a)
 
Change in Cumulative Foreign Currency Translation Adjustments (a)
 
Net Gains and Losses on Cash Flow Hedging Derivatives (a)
 
Total (a)
Balance, April 1, 2015
 
$
(3,056
)
 
$
(1,996
)
 
$
10

 
$
(5,042
)
Other comprehensive income (loss) before reclassifications
 
(2
)
 
91

 
—

 
89

Amounts reclassified from accumulated other comprehensive income
 
65

 
—

 
2

 
67

Net Current Period Other Comprehensive Income (Loss)
 
63

 
91

 
2

 
156

Other Comprehensive Income (Loss) Attributable to Noncontrolling Interest
 
—

 
—

 
—

 
—

Balance, June 30, 2015
 
$
(2,993
)
 
$
(1,905
)
 
$
12

 
$
(4,886
)
(a)
All amounts are net of tax. Amounts in parentheses indicate debits to AOCI.


The following table presents changes in AOCI for the six-month period ended June 30, 2016:
In millions
 
Defined Benefit Pension and Postretirement Items (a)
 
Change in Cumulative Foreign Currency Translation Adjustments (a)
 
Net Gains and Losses on Cash Flow Hedging Derivatives (a)
 
Total (a)
Balance, January 1, 2016
 
$
(3,169
)
 
$
(2,549
)
 
$
10

 
$
(5,708
)
Other comprehensive income (loss) before reclassifications
 
(528
)
 
373

 
(10
)
 
(165
)
Amounts reclassified from accumulated other comprehensive income
 
399

 
(3
)
 
(4
)
 
392

Net Current Period Other Comprehensive Income (Loss)
 
(129
)
 
370

 
(14
)
 
227

Other Comprehensive Income (Loss) Attributable to Noncontrolling Interest
 
—

 
—

 
—

 
—

Balance, June 30, 2016
 
$
(3,298
)
 
$
(2,179
)
 
$
(4
)
 
$
(5,481
)
(a)
All amounts are net of tax. Amounts in parentheses indicate debits to AOCI.

The following table presents changes in AOCI for the six-month period ended June 30, 2015:
In millions
 
Defined Benefit Pension and Postretirement Items (a)
 
Change in Cumulative Foreign Currency Translation Adjustments (a)
 
Net Gains and Losses on Cash Flow Hedging Derivatives (a)
 
Total (a)
Balance, January 1, 2015
 
$
(3,134
)
 
$
(1,513
)
 
$
1

 
$
(4,646
)
Other comprehensive income (loss) before reclassifications
 
(2
)
 
(393
)
 
6

 
(389
)
Amounts reclassified from accumulated other comprehensive income
 
143

 
—

 
5

 
148

Net Current Period Other Comprehensive Income (Loss)
 
141

 
(393
)
 
11

 
(241
)
Other Comprehensive Income (Loss) Attributable to Noncontrolling Interest
 
—

 
1

 
—

 
1

Balance, June 30, 2015
 
$
(2,993
)
 
$
(1,905
)
 
$
12

 
$
(4,886
)
(a)
All amounts are net of tax. Amounts in parentheses indicate debits to AOCI.

The following table presents details of the reclassifications out of AOCI for the three-month and six-month periods ended June 30, 2016:
Details About Accumulated Other Comprehensive Income Components
 
Amount Reclassified from Accumulated Other Comprehensive Income (a)
 
Location of Amount Reclassified from AOCI
 
Three Months Ended
June 30,
 
 
Six Months Ended
June 30,
 
 
2016
 
2015
 
 
2016
 
2015
 
In millions:
 
 
 
 
 
 
 
 
 
 
 
Defined benefit pension and postretirement items:
 
 
 
 
 
 
 
 
 
 
 
Prior-service costs
 
$
(9
)
 
$
(8
)
 
 
$
(18
)
 
$
(16
)
(b)
Cost of products sold
Actuarial gains (losses)
 
(536
)
 
(98
)
 
 
(631
)
 
(218
)
(b)
Cost of products sold
Total pre-tax amount
 
(545
)
 
(106
)
 
 
(649
)
 
(234
)
 
 
Tax (expense) benefit
 
210

 
41

 
 
250

 
91

 
 
Net of tax
 
(335
)
 
(65
)
 
 
(399
)
 
(143
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Business acquisition/divestitures
 
3

 
—

 
 
3

 
—

 
Net (gains) losses on sales and impairments of businesses
Tax (expense)/benefit
 
—

 
—

 
 
—

 
—

 
 
Net of tax
 
3

 
—

 
 
3

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net gains and losses on cash flow hedging derivatives:
 
 
 
 
 
 
 
 
 
 
 
Foreign exchange contracts
 
4

 
(3
)
 
 
5

 
(9
)
(c)
Cost of products sold
Total pre-tax amount
 
4

 
(3
)
 
 
5

 
(9
)
 
 
Tax (expense)/benefit
 
(1
)
 
1

 
 
(1
)
 
4

 
 
Net of tax
 
3

 
(2
)
 
 
4

 
(5
)
 
 
Total reclassifications for the period
 
$
(329
)
 
$
(67
)
 
 
$
(392
)
 
$
(148
)
 
 

(a)
Amounts in parentheses indicate debits to earnings/loss.
(b)
These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 16 for additional details).
(c)
This accumulated other comprehensive income component is included in our derivatives and hedging activities (see Note 15 for additional details).