Annual report pursuant to Section 13 and 15(d)

Other Comprehensive Income (Loss) (Tables)

v3.6.0.2
Other Comprehensive Income (Loss) (Tables)
 12 Months Ended
Dec. 31, 2016
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 for each period 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
 
(999
)
 
—

 
(298
)
 
(2
)
 
73

 
(187
)
 
(1,413
)
Amounts reclassified out of accumulated other comprehensive income (loss)
 
(93
)
 
—

 
522

 
10

 
67

 
—

 
506

Tax effects
 
382

 
(18
)
 
(67
)
 
(1
)
 
(12
)
 
17

 
301

Other comprehensive income (loss)
 
(710
)
 
(18
)
 
157

 
7

 
128

 
(170
)
 
(606
)
December 26, 2015
 
1,749

 
8

 
(266
)
 
(40
)
 
(876
)
 
(515
)
 
60

Other comprehensive income (loss) before reclassifications
 
1,170

 
—

 
(26
)
 
—

 
(680
)
 
(4
)
 
460

Amounts reclassified out of accumulated other comprehensive income (loss)
 
(530
)
 
—

 
38

 
—

 
170

 
—

 
(322
)
Tax effects
 
(225
)
 
(8
)
 
(5
)
 
—

 
146

 
—

 
(92
)
Other comprehensive income (loss)
 
415

 
(8
)
 
7

 
—

 
(364
)
 
(4
)
 
46

December 31, 2016
 
$
2,164

 
$
—

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

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
The amounts reclassified out of accumulated other comprehensive income (loss) into the consolidated statements of income for each period were as follows:
 
 
Income Before Taxes Impact for Years Ended
(In Millions)
 
 
Comprehensive Income Components
 
Dec 31,
2016
 
Dec 26,
2015
 
Dec 27,
2014
 
Location
Unrealized holding gains (losses) on available-for-sale investments:
 
 
 
 
 
 
 
 
 
 
$
530

 
$
91

 
$
132

 
Gains (losses) on equity investments, net
 
 
—

 
2

 
10

 
Interest and other, net
 
 
530

 
93

 
142

 
 
Unrealized holding gains (losses) on derivatives:
 
 
 
 
 
 
 
 
Foreign currency contracts
 
(65
)
 
(290
)
 
(31
)
 
Cost of sales
 
 
7

 
(177
)
 
18

 
Research and development
 
 
5

 
(46
)
 
2

 
Marketing, general and administrative
 
 
10

 
—

 
—

 
Gains (losses) on equity investments, net
Other instruments
 
—

 
—

 
(2
)
 
Cost of sales
 
 
1

 
—

 
—

 
Gains (losses) on equity investments, net
 
 
4

 
(9
)
 
—

 
Interest and other, net
 
 
(38
)
 
(522
)
 
(13
)
 
 
Amortization of pension and postretirement benefit components:
 
 
 
 
 
 
 
 
Prior service credits (costs)
 
—

 
(10
)
 
(6
)
 
 
Actuarial gains (losses)
 
(170
)
 
(67
)
 
(37
)
 
 
 
 
(170
)
 
(77
)
 
(43
)
 
 
Total amounts reclassified out of accumulated other comprehensive income (loss)
 
$
322

 
$
(506
)
 
$
86