The changes in the balances of Accumulated other comprehensive income by component are as follows:
| (dollars in millions) | Foreign currency translation adjustments |
Unrealized gain on cash flow hedges |
Unrealized
gain on |
Defined benefit
pension
and |
Total | |||||||||||||||
|
Balance at January 1, 2013 |
$ | 793 | $ | 88 | $ | 101 | $ | 1,253 | $ | 2,235 | ||||||||||
|
Other comprehensive income |
60 | 50 | 33 | – | 143 | |||||||||||||||
|
Amounts reclassified to net income |
– | (25 | ) | (17 | ) | 22 | (20 | ) | ||||||||||||
|
|
|
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|
Net other comprehensive income |
60 | 25 | 16 | 22 | 123 | |||||||||||||||
|
|
|
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|
Balance at December 31, 2013 |
$ | 853 | $ | 113 | $ | 117 | $ | 1,275 | $ | 2,358 | ||||||||||
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