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STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2016
Accumulated Other Comprehensive Income Activity, Net of Tax

Accumulated Other Comprehensive Income

With the disposition of the OD European Business on December 31, 2016, the CTA balance associated with that business was recognized in earnings. Balances associated with the remaining disposal groups in discontinued operations will be recognized in earrings during the period in which those dispositions are completed. Accumulated other comprehensive income activity, net of tax, where applicable, is provided in the following tables:

 

(In millions)   

Foreign

Currency

Translation

Adjustments

   

Change in

Deferred

Pension

    Total  

Balance at December 26, 2015

   $ 108     $ (78   $ 30  

Other comprehensive income (loss) activity before reclassifications

     (11     30       19  

Reclassification of foreign currency translation adjustments realized upon disposal of business (a)

     (164           (164

Tax impact

           (14     (14
  

 

 

 

Net year-to-date other comprehensive income

     (175     16       (159
  

 

 

 

Balance at December 31, 2016

   $ (67   $ (62   $ (129
  

 

 

 

 

(a) 

Amounts in parentheses indicate an increase to earnings.

 

(In millions)   

Foreign

Currency

Translation

Adjustments

   

Change in

Deferred

Pension

    Total  

Balance at December 27, 2014

   $ 186     $ (79   $ 107  

Other comprehensive income (loss) activity before reclassifications

     (78     2       (76

Reclassification of foreign currency translation adjustments realized upon disposal of business (a)

                  

Tax impact

           (1     (1
  

 

 

 

Net year-to-date other comprehensive income

     (78     1       (77
  

 

 

 

Balance at December 26, 2015

   $ 108     $ (78   $ 30  
  

 

 

 

 

(a) 

Amounts in parentheses indicate an increase to earnings.