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Changes in Accumulated Other Comprehensive Loss
3 Months Ended
Mar. 31, 2013
Changes in Accumulated Other Comprehensive Loss

Note 12. Changes in Accumulated Other Comprehensive Loss

Following is a summary of amounts reclassified from “Accumulated other comprehensive loss” for the three months ended March 31, 2013 and 2012:

 

    Three Months Ended March 31, 2013     Three Months Ended March 31, 2012  
    Gains and
(Losses) on
Cash Flow
Hedges
    Defined
Benefit
Pension and
Postretirement
Items
    Foreign
Currency
Translation
Gains
(Losses)
    Total     Gains and
(Losses) on
Cash Flow
Hedges
    Defined
Benefit
Pension and
Postretirement
Items
    Foreign
Currency
Translation
Gains
(Losses)
    Total  

Beginning balance

  $ (1   $ (219   $ 143      $ (77   $ (1   $ (112   $ 130      $ 17   

Other comprehensive (loss) income before reclassifications, net of tax

    —          —            (18     (18     (1     —          29        28   

Amounts reclassified from Accumulated other comprehensive loss, net of tax

    1        4        —          5        1        —          —            1   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net other comprehensive income (loss)

    1        4        (18     (13     —          —            29        29   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Ending balance

  $ —        $ (215   $ 125      $ (90   $ (1   $ (112   $ 159      $ 46   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

     Amount Reclassified From Accumulated Other
Comprehensive Loss for the Three Months
Ended:
     

Amount Reclassified From Accumulated
Other Comprehensive Loss

   March 31, 2013     March 31, 2012     Location of
Reclassified Amount in
Income

Gains and losses on cash flow hedges:

      

Interest rate swaps

   $ —        $ 1      Interest expense, net
  

 

 

   

 

 

   

Total before income tax

     —          1     

Income tax expense

     1        —        Income tax benefit
  

 

 

   

 

 

   

Total

   $ 1      $ 1     
  

 

 

   

 

 

   

Amortization of defined benefit pension and other postretirement benefit items:

      

Prior service costs

   $ —        $ —    (1)   

Actuarial losses

     5        —    (1)   
  

 

 

   

 

 

   

Total before income tax

     5        —       

Income tax benefit

     (1     —        Income tax benefit
  

 

 

   

 

 

   

Total

     4        —       
  

 

 

   

 

 

   

Total

   $ 5      $ 1     
  

 

 

   

 

 

   

 

(1) These accumulated other comprehensive income components are included in the computation of net pension and postretirement benefit expense (see Note 8).