Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive Income (Loss) (Tables)

v3.2.0.727
Other Comprehensive Income (Loss) (Tables)
 6 Months Ended
Jun. 27, 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 six 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
 
207

 
—

 
(200
)
 
—

 
—

 
(186
)
 
(179
)
Amounts reclassified out of accumulated other comprehensive income (loss)
 
(74
)
 
—

 
253

 
4

 
28

 
—

 
211

Tax effects
 
(47
)
 
(8
)
 
(6
)
 
—

 
(9
)
 
17

 
(53
)
Other comprehensive income (loss)
 
86

 
(8
)
 
47

 
4

 
19

 
(169
)
 
(21
)
June 27, 2015
 
$
2,545

 
$
18

 
$
(376
)
 
$
(43
)
 
$
(985
)
 
$
(514
)
 
$
645

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
 
Six Months Ended
 
 
Comprehensive Income Components
 
Jun 27,
2015
 
Jun 28,
2014
 
Jun 27,
2015
 
Jun 28,
2014
 
Location
Unrealized holding gains (losses) on available-for-sale investments:
 
 
 
 
 
 
 
 
 
 
 
 
$
—

 
$
(4
)
 
$
—

 
$
(2
)
 
Interest and other, net
 
 
20

 
62

 
74

 
123

 
Gains (losses) on equity investments, net
 
 
20

 
58

 
74

 
121

 
 
Unrealized holding gains (losses) on derivatives:
 
 
 
 
 
 
 
 
 
 
Currency forwards
 
(93
)
 
(7
)
 
(136
)
 
(5
)
 
Cost of sales
 
 
(48
)
 
10

 
(95
)
 
18

 
Research and development
 
 
(13
)
 
3

 
(22
)
 
5

 
Marketing, general and administrative
 
 
(154
)
 
6

 
(253
)
 
18

 
 
Amortization of pension and postretirement benefit components:
 
 
 
 
 
 
 
 
 
 
Prior service credits (costs)
 
(2
)
 
(1
)
 
(4
)
 
(2
)
 
 
Actuarial gains (losses)
 
(14
)
 
(9
)
 
(28
)
 
(19
)
 
 
 
 
(16
)
 
(10
)
 
(32
)
 
(21
)
 
 
Total amounts reclassified out of accumulated other comprehensive income (loss)
 
$
(150
)
 
$
54

 
$
(211
)
 
$
118