Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive Income (Loss) (Tables)

v3.7.0.1
Other Comprehensive Income (Loss) (Tables)
 6 Months Ended
Jul. 01, 2017
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The changes in accumulated other comprehensive income (loss) by component and related tax effects in the first six months of 2017 were as follows:
(In Millions)
 
Unrealized Holding Gains (Losses) on Available-for-Sale Investments
 
Unrealized Holding Gains (Losses) on Derivatives
 
Prior Service Credits (Costs)
 
Actuarial Gains (Losses)
 
Foreign Currency Translation Adjustment
 
Total
December 31, 2016
 
$
2,164

 
$
(259
)
 
$
(40
)
 
$
(1,240
)
 
$
(519
)
 
$
106

Other comprehensive income (loss) before reclassifications1
 
1,059

 
445

 
—

 
217

 
1

 
1,722

Amounts reclassified out of accumulated other comprehensive income
 
(1,046
)
 
16

 
(12
)
 
40

 
507

 
(495
)
Tax effects
 
(4
)
 
(130
)
 
2

 
(27
)
 
—

 
(159
)
Other comprehensive income (loss)
 
9

 
331

 
(10
)
 
230

 
508

 
1,068

July 1, 2017
 
$
2,173

 
$
72

 
$
(50
)
 
$
(1,010
)
 
$
(11
)
 
$
1,174

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
The amounts reclassified out of accumulated other comprehensive income (loss) into the consolidated condensed statements of income for each period were as follows:
 
 
Income Before Taxes Impact
(In Millions)
 
 
 
 
Three Months Ended
 
Six Months Ended
 
 
Comprehensive Income Components
 
Jul 1,
2017
 
Jul 2,
2016
 
Jul 1,
2017
 
Jul 2,
2016
 
Location
Unrealized holding gains (losses)1 on available-for-sale investments:
 
 
 
 
 
 
 
 
 
 
 
 
$
783

 
$
403

 
$
1,046

 
$
488

 
Gains (losses) on equity investments, net
 
 
783

 
403

 
1,046

 
488

 
 
Unrealized holding gains (losses) on derivatives:
 
 
 
 
 
 
 
 
 
 
Foreign currency contracts
 
(27
)
 
(17
)
 
(47
)
 
(59
)
 
Cost of sales
 
 
2

 
7

 
(14
)
 
(3
)
 
Research and development
 
 
(1
)
 
3

 
(6
)
 
(1
)
 
Marketing, general and administrative
 
 
12

 
11

 
16

 
11

 
Gains (losses) on equity investments, net
 
 
(3
)
 
(17
)
 
35

 
17

 
Interest and other, net
 
 
(17
)
 
(13
)
 
(16
)
 
(35
)
 
 
Amortization of pension and postretirement benefit components:
 
 
 
 
 
 
 
 
 
 
Prior service credits (costs)
 
14

 
(2
)
 
12

 
(4
)
 
 
Actuarial gains (losses)
 
(18
)
 
(14
)
 
(40
)
 
(26
)
 
 
 
 
(4
)
 
(16
)
 
(28
)
 
(30
)
 
 
Currency translation adjustment
 
(507
)
 
—

 
(507
)
 
—

 
Interest and other, net
Total amounts reclassified out of accumulated other comprehensive income (loss)
 
$
255

 
$
374

 
$
495

 
$
423