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OTHER (Tables)
6 Months Ended
Jun. 29, 2014
Accumulated Other Comprehensive Loss

Changes in AOCL, net of tax, consisted of the following (in millions):

 

      Postretirement  
Benefit Plans  
     Other, net        AOCL  

Balance at December 31, 2013

     $      (9,649)             $        48              $   (9,601)       

Other comprehensive (loss) income before reclassifications

        

Net actuarial losses (a)

     (3,778)             —              (3,778)       

Prior service credits (a)

     3,043              —              3,043        

Other

     —              15              15        

Total other comprehensive (loss) income before reclassifications

     (735)             15              (720)       

Amounts reclassified from AOCL

        

Recognition of net actuarial losses

     306              —              306        

Amortization of prior service costs

     28              —              28        

Other

     —              3              3        

Total reclassified from AOCL (b)

     334              3              337        

Total other comprehensive (loss) income

     (401)             18              (383)       

Balance at June 29, 2014

     $    (10,050)             $        66              $   (9,984)       

Balance at December 31, 2012

     $    (13,532)             $39              $ (13,493)       

Other comprehensive loss before reclassifications

        

Other

     —              (52)             (52)       

Total other comprehensive loss before reclassifications

     —              (52)             (52)       

Amounts reclassified from AOCL

        

Recognition of net actuarial losses

     487              —              487        

Amortization of prior service costs

     20              —              20        

Other

     —              (3)             (3)       

Total reclassified from AOCL (b)

     507              (3)             504        

Total other comprehensive income (loss)

     507              (55)             452        

Balance at June 30, 2013

     $    (13,025)             $         (16)             $ (13,041)       

 

(a)  Changes in AOCL before reclassifications related to our postretirement benefit plans include net actuarial losses from the re-measurements of substantially all our defined benefit pension plans in the quarter ended June 29, 2014 and prior service credits from plan amendments to freeze future retirement benefits in certain of our qualified and nonqualified defined benefit pension plans for non-union employees (Note 5).
(b)  Reclassifications from AOCL related to our postretirement benefit plans were recorded as a component of net periodic benefit cost for each period presented (Note 5). These amounts include $167 million and $253 million for the quarters ended June 29, 2014 and June 30, 2013, which are comprised of the recognition of net actuarial losses of $153 million and $243 million for the quarters ended June 29, 2014 and June 30, 2013, and the amortization of prior service costs of $14 million and $10 million for the quarters ended June 29, 2014 and June 30, 2013.