Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive Income (Loss) (Tables)

v3.5.0.2
Other Comprehensive Income (Loss) (Tables)
 9 Months Ended
Oct. 01, 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 in the first nine months of 2016 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 26, 2015
 
$
1,749

 
$
8

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

Other comprehensive income (loss) before reclassifications
 
1,078

 
—

 
374

 
—

 
(512
)
 
(1
)
 
939

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

 
28

 
6

 
46

 
—

 
(450
)
Tax effects
 
(191
)
 
(5
)
 
(128
)
 
(2
)
 
177

 
—

 
(149
)
Other comprehensive income (loss)
 
357

 
(5
)
 
274

 
4

 
(289
)
 
(1
)
 
340

October 1, 2016
 
$
2,106

 
$
3

 
$
8

 
$
(36
)
 
$
(1,165
)
 
$
(516
)
 
$
400

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
 
Nine Months Ended
 
 
Comprehensive Income Components
 
Oct 1,
2016
 
Sep 26,
2015
 
Oct 1,
2016
 
Sep 26,
2015
 
Location
Unrealized holding gains (losses)1 on available-for-sale investments:
 
 
 
 
 
 
 
 
 
 
 
 
$
42

 
$
11

 
$
530

 
$
85

 
Gains (losses) on equity investments, net
 
 
—

 
1

 
—

 
1

 
Interest and other, net
 
 
42

 
12

 
530

 
86

 
 
Unrealized holding gains (losses) on derivatives:
 
 
 
 
 
 
 
 
 
 
Currency forwards
 
(11
)
 
(81
)
 
(70
)
 
(217
)
 
Cost of sales
 
 
(2
)
 
(50
)
 
(5
)
 
(145
)
 
Research and development
 
 
1

 
(16
)
 
—

 
(38
)
 
Marketing, general and administrative
 
 
—

 
—

 
10

 
—

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

 
—

 
1

 
—

 
Gains (losses) on equity investments, net
 
 
19

 
—

 
36

 
—

 
Interest and other, net
 
 
7

 
(147
)
 
(28
)
 
(400
)
 
 
Amortization of pension and postretirement benefit components:
 
 
 
 
 
 
 
 
 
 
Prior service credits (costs)
 
(2
)
 
(2
)
 
(6
)
 
(6
)
 
 
Actuarial gains (losses)
 
(20
)
 
(15
)
 
(46
)
 
(43
)
 
 
 
 
(22
)
 
(17
)
 
(52
)
 
(49
)
 
 
Total amounts reclassified out of accumulated other comprehensive income (loss)
 
$
27

 
$
(152
)
 
$
450

 
$
(363
)