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Accumulated Other Comprehensive Loss
6 Months Ended
Jun. 30, 2013
Accumulated Other Comprehensive Loss

11. Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss, net of income taxes, consisted of the following:

 

(In millions)

   Cash Flow
Hedges
    Foreign
Currency
Translation
    Other     Total  

Balance at December 31, 2012

   $ (57   $ (1   $ (2   $ (60
  

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive loss before reclassifications

     (2     (10     —          (12

Amounts reclassified from accumulated other comprehensive loss

     5        —          —          5   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net current-period other comprehensive (loss) income

     3        (10     —          (7
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at June 30, 2013

   $ (54   $ (11   $ (2   $ (67
  

 

 

   

 

 

   

 

 

   

 

 

 

Based on the amounts recorded in accumulated other comprehensive loss at June 30, 2013, the Company estimates that it will recognize approximately $14 million in interest expense during the next twelve months related to settled interest rate hedge contracts.