Pension Plans | Post-Retirement Benefit Plans | Foreign Currency Translation Adjustment and Other | Total | |||||||||
(Dollars in millions) | ||||||||||||
Balance at December 31, 2012 | $ | (1,399 | ) | (289 | ) | (13 | ) | (1,701 | ) | |||
Other comprehensive income (loss) before reclassifications | 675 | 164 | 1 | 840 | ||||||||
Amounts reclassified from accumulated other comprehensive income | 55 | 3 | 1 | 59 | ||||||||
Net current-period other comprehensive income (loss) | 730 | 167 | 2 | 899 | ||||||||
Balance at December 31, 2013 | $ | (669 | ) | (122 | ) | (11 | ) | (802 | ) |
Year Ended December 31, 2013 | Decrease (Increase) in Net Loss | Affected Line Item in Consolidated Statement of Operations or Footnote Where Additional Information is Presented If The Amount is not Recognized in Net Income in Total | ||||
(Dollars in millions) | ||||||
Amortization of pension & post-retirement plans | ||||||
Net actuarial loss | $ | (88 | ) | See Note 8—Employee Benefits | ||
Prior service cost | (5 | ) | See Note 8—Employee Benefits | |||
Total before tax | (93 | ) | ||||
Income tax expense (benefit) | 35 | Income tax expense | ||||
Insignificant items | (1 | ) | ||||
Net of tax | $ | (59 | ) |