Common stock
|
Treasury stock
|
||||||||
Shares
|
Par value
|
Shares
|
Cost
|
||||||
Balance at December 31, 2010
|
1,626
|
$
|
813
|
(65)
|
$
|
(1,227)
|
|||
Shares issued to benefit plans and for option exercises
|
10
|
5
|
(7)
|
||||||
Shares purchased for treasury
|
(55)
|
(779)
|
|||||||
Other, net
|
(1)
|
(11)
|
|||||||
Balance at December 31, 2011
|
1,636
|
$
|
818
|
(121)
|
$
|
(2,024)
|
|||
Shares issued to benefit plans and for option exercises
|
13
|
7
|
(1)
|
||||||
Shares purchased for treasury
|
(56)
|
(719)
|
|||||||
Other, net
|
(2)
|
(29)
|
|||||||
Balance at December 31, 2012
|
1,649
|
$
|
825
|
(179)
|
$
|
(2,773)
|
|||
Shares issued to benefit plans and for option exercises
|
12
|
6
|
(1)
|
||||||
Shares purchased for treasury
|
(82)
|
(1,316)
|
|||||||
Other, net
|
(1)
|
(9)
|
|||||||
Balance at December 31, 2013
|
1,661
|
$
|
831
|
(262)
|
$
|
(4,099)
|
Foreign
currency
translation
adjustment
and other
|
Unamortized
actuarial
losses and
prior service
costs
|
Net
unrealized
gains
(losses) on
investments
|
Net
unrealized
gains
(losses) on
designated
hedges
|
Accumulated
other
comprehensive
income (loss)
|
||||||||||
Balance at December 31, 2010
|
$
|
1,374
|
$
|
(698)
|
$
|
(33)
|
$
|
(23)
|
$
|
620
|
||||
Other comprehensive income before reclassifications (2)
|
144
|
(53)
|
(2)
|
(38)
|
51
|
|||||||||
Amounts reclassified from accumulated other comprehensive income (3)
|
3
|
54
|
34
|
91
|
||||||||||
Equity method affiliates (4)
|
(168)
|
(122)
|
6
|
(2)
|
(286)
|
|||||||||
Net current-period other comprehensive income (loss)
|
(21)
|
(121)
|
4
|
(6)
|
(144)
|
|||||||||
Balance at December 31, 2011
|
$
|
1,353
|
$
|
(819)
|
$
|
(29)
|
$
|
(29)
|
$
|
476
|
||||
Other comprehensive income before reclassifications (5)
|
$
|
(439)
|
$
|
(181)
|
$
|
11
|
$
|
63
|
$
|
(546)
|
||||
Amounts reclassified from accumulated other comprehensive income (3)
|
(52)
|
149
|
(6)
|
(18)
|
73
|
|||||||||
Equity method affiliates (4)
|
312
|
31
|
8
|
2
|
353
|
|||||||||
Net current-period other comprehensive income (loss)
|
(179)
|
(1)
|
13
|
47
|
(120)
|
|||||||||
Balance at December 31, 2012
|
$
|
1,174
|
$
|
(820)
|
$
|
(16)
|
$
|
18
|
$
|
356
|
||||
Other comprehensive income before reclassifications (6)
|
$
|
(756)
|
$
|
283
|
$
|
1
|
$
|
56
|
$
|
(416)
|
||||
Amounts reclassified from accumulated other comprehensive income (3)
|
(10)
|
(1)
|
(81)
|
(92)
|
||||||||||
Equity method affiliates (4)
|
74
|
119
|
2
|
1
|
196
|
|||||||||
Net current-period other comprehensive income (loss)
|
(682)
|
392
|
2
|
(24)
|
(312)
|
|||||||||
Balance at December 31, 2013
|
$
|
492
|
$
|
(428)
|
$
|
(14)
|
$
|
(6)
|
$
|
44
|
(1)
|
All amounts are after tax. Amounts in parentheses indicate debits to accumulated other comprehensive income.
|
(2)
|
Amounts are net of total tax benefit of $49 million, including $23 million related to the hedges component and $26 million related to the retirement plans component.
|
(3)
|
Tax effects of reclassifications are disclosed separately in this Note 17.
|
(4)
|
Tax effects related to equity method affiliates are not significant.
|
(5)
|
Amounts are net of total tax benefit of $56 million, including $(37) million related to the hedges component, $99 million related to the retirement plans component and $(6) million related to the investments component.
|
(6)
|
Amounts are net of total tax expense of $(197) million, including $(33) million related to the hedges component and $(164) million related to the retirement plans component.
|
Reclassifications Out of Accumulated Other Comprehensive Income (AOCI) by Component (1)
|
||||||||||
Details about AOCI Components
|
Amount reclassified from AOCI
|
Affected line item
in the consolidated
statements of income
|
||||||||
Years ended December 31,
|
||||||||||
2013
|
2012
|
2011
|
||||||||
Foreign currency translation adjustment
|
$
|
52
|
$
|
(3)
|
Other income, net
|
|||||
52
|
(3)
|
Net of tax
|
||||||||
Amortization of net actuarial loss
|
$
|
15
|
$
|
(233)
|
$
|
(82)
|
(2)
|
|||
Amortization of prior service cost
|
1
|
(2)
|
(3)
|
(2)
|
||||||
16
|
(235)
|
(85)
|
Total before tax
|
|||||||
(6)
|
86
|
31
|
Tax benefit
|
|||||||
$
|
10
|
$
|
(149)
|
$
|
(54)
|
Net of tax
|
||||
Realized gains on investments
|
$
|
1
|
$
|
10
|
Other income, net
|
|||||
(4)
|
Tax expense
|
|||||||||
$
|
1
|
$
|
6
|
Net of tax
|
||||||
Realized gains on designated hedges
|
$
|
1
|
Sales
|
|||||||
$
|
38
|
16
|
$
|
(12)
|
Cost of sales
|
|||||
91
|
11
|
(42)
|
Other income, net
|
|||||||
129
|
28
|
(54)
|
Total before tax
|
|||||||
(48)
|
(10)
|
20
|
Tax (expense) benefit
|
|||||||
$
|
81
|
$
|
18
|
$
|
(34)
|
Net of tax
|
||||
Total reclassifications for the period
|
$
|
92
|
$
|
(73)
|
$
|
(91)
|
Net of tax
|
(1)
|
Amounts in parentheses indicate debits to the statement of income.
|
(2)
|
These accumulated other comprehensive income components are included in net periodic pension cost. See Note 13 – Employee Retirement Plans for additional details.
|