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Accumulated Other Comprehensive Loss
6 Months Ended
Jun. 13, 2015
Equity [Abstract]  
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
The reclassifications from Accumulated Other Comprehensive Loss to the Condensed Consolidated Statement of Income are summarized as follows:
 
 
12 Weeks Ended
 
24 Weeks Ended
 
 
 
 
6/13/15

 
6/14/14

 
6/13/15

 
6/14/14

 
 
 
 
Amount Reclassified from Accumulated Other Comprehensive Loss
 
Affected Line Item in the Condensed Consolidated Statement of Income
(Gains)/Losses on cash flow hedges:
 
 
 
 
 
 
 
 
 
 
    Foreign exchange contracts
 
$
(2
)
 
$

 
$
(2
)
 
$

 
Net revenue
    Foreign exchange contracts
 
(20
)
 
(5
)
 
(42
)
 
(11
)
 
Cost of sales
    Interest rate derivatives
 
(81
)
 
9

 
112

 
14

 
Interest expense
    Commodity contracts
 
3

 
7

 
8

 
19

 
Cost of sales
    Commodity contracts
 
3

 

 
6

 
(1
)
 
Selling, general and administrative expenses
    Net (gains)/losses before tax
 
(97
)
 
11

 
82

 
21

 
 
    Tax amounts
 
33

 
(5
)
 
(37
)
 
(9
)
 
 
    Net (gains)/losses after tax
 
$
(64
)
 
$
6

 
$
45

 
$
12

 
 
 
 
 
 
 
 
 
 
 
 
 
Pension and retiree medical items:
 
 
 
 
 
 
 
 
 
 
    Amortization of prior service credit (a)
 
$
(9
)
 
$

 
$
(19
)
 
$

 
 
    Amortization of net losses (a)
 
67

 
53

 
128

 
101

 
 
    Net losses before tax
 
58

 
53

 
109

 
101

 
 
    Tax amounts
 
(18
)
 
(17
)
 
(35
)
 
(33
)
 
 
    Net losses after tax
 
$
40

 
$
36

 
$
74

 
$
68

 
 
 
 
 
 
 
 
 
 
 
 
 
Total net (gains)/losses reclassified for
the period, net of tax
 
$
(24
)
 
$
42

 
$
119

 
$
80

 


(a)
These items are included in the components of net periodic benefit cost for pension and retiree medical plans (see Note 7 for additional details).