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Accumulated Other Comprehensive Loss (Tables)
3 Months Ended
Mar. 31, 2016
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss consists of the following:

 

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized

 

 

 

 

 

 

Pension and

 

 

 

 

 

 

Currency

 

 

Gain/(Loss) on

 

 

 

 

 

 

Other

 

 

 

 

 

 

Translation

 

 

Marketable

 

 

Cash Flow

 

 

Postretirement

 

 

 

 

 

 

Adjustments

 

 

Securities

 

 

Hedges

 

 

Benefit Plans

 

 

Total

 

Balance, January 1, 2016

$

(2,053

)

 

$

-

 

 

$

(39

)

 

$

(2,466

)

 

$

(4,558

)

Other comprehensive gain (loss) before reclassifications

 

17

 

 

 

3

 

 

 

(85

)

 

 

-

 

 

 

(65

)

Amounts reclassified from accumulated other comprehensive loss

 

-

 

 

 

-

 

 

 

94

 

 

 

70

 

 

 

164

 

Income taxes

 

-

 

 

 

-

 

 

 

-

 

 

 

(7

)

 

 

(7

)

Net other comprehensive (loss) income

 

17

 

 

 

3

 

 

 

9

 

 

 

63

 

 

 

92

 

Balance, March 31, 2016

$

(2,036

)

 

$

3

 

 

$

(30

)

 

$

(2,403

)

 

$

(4,466

)

 

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized

 

 

 

 

 

 

Pension and

 

 

 

 

 

 

Currency

 

 

Gain/(Loss) on

 

 

 

 

 

 

Other

 

 

 

 

 

 

Translation

 

 

Marketable

 

 

Cash Flow

 

 

Postretirement

 

 

 

 

 

 

Adjustments

 

 

Securities

 

 

Hedges

 

 

Benefit Plans

 

 

Total

 

Balance, January 1, 2015

$

(1,531

)

 

$

10

 

 

$

(96

)

 

$

(2,589

)

 

$

(4,206

)

Other comprehensive loss before reclassifications

 

(113

)

 

 

(18

)

 

 

(152

)

 

 

-

 

 

 

(283

)

Amounts reclassified from accumulated other comprehensive loss

 

-

 

 

 

-

 

 

 

118

 

 

 

101

 

 

 

219

 

Income taxes

 

-

 

 

 

-

 

 

 

-

 

 

 

(15

)

 

 

(15

)

Net other comprehensive (loss) income

 

(113

)

 

 

(18

)

 

 

(34

)

 

 

86

 

 

 

(79

)

Balance, March 31, 2015

$

(1,644

)

 

$

(8

)

 

$

(130

)

 

$

(2,503

)

 

$

(4,285

)