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Stockholders' Equity
 3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Treasury Stock and Accumulated Other Comprehensive Income (Loss)
TREASURY STOCK
Changes in treasury stock for the three months ended March 31, 2017 and 2016 were as follows:
 
March 31, 2017
 
March 31, 2016
(millions, except share data)
Treasury Shares (000)
 
Treasury Stock
 
Treasury Shares (000)
 
Treasury Stock
Balance as of January 1
—

 
$
—

 
—

 
$
—

Stock issuances
150

 
4

 
67

 
1

Repurchase of common stock for tax withholdings related to stock based compensation
(107
)
 
(3
)
 
(70
)
 
(1
)
Repurchase of common stock under share repurchase program
(764
)
 
(25
)
 
—

 
—

Balance as of March 31
(721
)

$
(24
)

(3
)

$
—


ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
Changes in the balances of each component of AOCI for the three months ended March 31, 2017 and 2016 were as follows:
 
Derivatives
 
Defined Benefit Plans
 
Foreign
Currency Translation
 
AOCI
(millions)
2017
 
2016
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
Balance as of January 1
$
27

 
$
20

 
$
(246
)
 
$
(221
)
 
$
(166
)
 
$
(113
)
 
$
(385
)
 
$
(314
)
Other comprehensive income (loss) before reclassifications, net of tax
(6
)
 
(8
)
 
(1
)
 
(3
)
 
40

 
24

 
33

 
13

Less: Amounts reclassified from AOCI, net of tax
—

 
(2
)
 
—

 
—

 
—

 
—

 
—

 
(2
)
Net other comprehensive income (loss)
(6
)
 
(6
)
 
(1
)
 
(3
)
 
40

 
24

 
33

 
15

Balance as of March 31
$
21

 
$
14

 
$
(247
)
 
$
(224
)
 
$
(126
)
 
$
(89
)
 
$
(352
)
 
$
(299
)

Amounts reclassified from AOCI, net of tax, for the three months ended March 31, 2017 and 2016, were as follows:
 
 
Three months ended March 31,
(millions)
 
2017
 
2016
Derivatives
 
 
 
 
Net reclassification from AOCI for cash flow hedges included in cost of products sold
 
$
—

 
$
(3
)
Less: Income tax benefit on reclassification from AOCI included in income tax (expense) benefit
 
—

 
(1
)
Net amount reclassified from AOCI
 
$
—

 
$
(2
)
 
 
 
 
 
Defined Benefit Plans
 
 
 
 
Net reclassification from AOCI for amortization of prior service benefit included in cost of products sold 
 
$
—

 
$
(2
)
Net reclassification from AOCI for amortization of prior service cost included in selling and administrative expenses
 
—

 
2

Less: Income tax benefit on reclassification from AOCI included in income tax (expense) benefit
 
—

 
—

Net amount reclassified from AOCI
 
$
—

 
$
—



We estimate that we will reclassify a net immaterial after-tax loss on derivatives from AOCI to earnings within the next 12 months.