Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive Income (Loss) (Tables)

v2.4.1.9
Other Comprehensive Income (Loss) (Tables)
 3 Months Ended
Mar. 28, 2015
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 three months of 2015 were as follows:
(In Millions)
 
Unrealized Holding Gains (Losses) on Available-for-Sale Investments
 
Deferred Tax Asset Valuation Allowance
 
Unrealized Holding Gains (Losses) on Derivatives
 
Prior Service Credits (Costs)
 
Actuarial Gains (Losses)
 
Foreign Currency Translation Adjustment
 
Total
December 27, 2014
 
$
2,459

 
$
26

 
$
(423
)
 
$
(47
)
 
$
(1,004
)
 
$
(345
)
 
$
666

Other comprehensive income (loss) before reclassifications
 
(472
)
 
—

 
(229
)
 
—

 
2

 
(197
)
 
(896
)
Amounts reclassified out of accumulated other comprehensive income (loss)
 
(54
)
 
—

 
99

 
2

 
14

 
—

 
61

Tax effects
 
184

 
(3
)
 
41

 
—

 
(4
)
 
19

 
237

Other comprehensive income (loss)
 
(342
)
 
(3
)
 
(89
)
 
2

 
12

 
(178
)
 
(598
)
March 28, 2015
 
$
2,117

 
$
23

 
$
(512
)
 
$
(45
)
 
$
(992
)
 
$
(523
)
 
$
68

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, with presentation location, for each period were as follows:
 
 
Income Before Taxes Impact
(In Millions)
 
 
 
 
Three Months Ended
 
 
Comprehensive Income Components
 
Mar 28,
2015
 
Mar 29,
2014
 
Location
Unrealized holding gains (losses) on available-for-sale investments:
 
 
 
 
 
 
 
 
$
—

 
$
2

 
Interest and other, net
 
 
54

 
61

 
Gains (losses) on equity investments, net
 
 
54

 
63

 
 
Unrealized holding gains (losses) on derivatives:
 
 
 
 
 
 
Currency forwards
 
(43
)
 
2

 
Cost of sales
 
 
(47
)
 
8

 
Research and development
 
 
(9
)
 
2

 
Marketing, general and administrative
 
 
(99
)
 
12

 
 
Amortization of pension and postretirement benefit components:
 
 
 
 
 
 
Prior service credits (costs)
 
(2
)
 
(1
)
 
 
Actuarial gains (losses)
 
(14
)
 
(10
)
 
 
 
 
(16
)
 
(11
)
 
 
Total amounts reclassified out of accumulated other comprehensive income (loss)
 
$
(61
)
 
$
64