Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive Income (Loss) (Tables)

v3.10.0.1
Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Jun. 30, 2018
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 2018 were as follows:
(In Millions)
 
Unrealized Holding Gains (Losses) on Available-for-Sale Equity Investments
 
Unrealized Holding Gains (Losses) on Derivatives
 
Actuarial Valuation and Other Pension Expenses
 
Translation adjustments and other
 
Total
Balance as of December 30, 2017
 
$
1,745

 
$
106

 
$
(963
)
 
$
(26
)
 
$
862

Impact of change in accounting standards
 
(1,745
)
 
24

 
(65
)
 
(4
)
 
(1,790
)
Opening Balance as of December 31, 2017
 
$

 
$
130

 
$
(1,028
)
 
$
(30
)
 
$
(928
)
Other comprehensive income (loss) before reclassifications
 

 
(134
)
 
4

 
(26
)
 
(156
)
Amounts reclassified out of accumulated other comprehensive income (loss)
 

 
(87
)
 
32

 
6

 
(49
)
Tax effects
 

 
47

 
(10
)
 
7

 
44

Other comprehensive income (loss)
 

 
(174
)
 
26

 
(13
)
 
(161
)
Balance as of June 30, 2018
 
$

 
$
(44
)
 
$
(1,002
)
 
$
(43
)
 
$
(1,089
)
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
 
Location
 
Jun 30,
2018
 
Jul 1,
2017
 
Jun 30,
2018
 
Jul 1,
2017
Unrealized holding gains (losses) on available-for-sale equity investments:
 
 
 
 
 
 
 
 
 
 
 
 
Gains (losses) on equity investments, net
 
$

 
$
783

 
$

 
$
1,046

 
 
 
 

 
783

 

 
1,046

Unrealized holding gains (losses) on derivatives:
 
 
 
 
 
 
 
 
 
 
Foreign currency contracts
 
Cost of sales
 
11

 
(27
)
 
19

 
(47
)
 
 
Research and development
 
30

 
2

 
71

 
(14
)
 
 
Marketing, general and administrative
 
18

 
(1
)
 
32

 
(6
)
 
 
Gains (losses) on equity investments, net
 

 
12

 

 
16

 
 
Interest and other, net
 
(25
)
 
(3
)
 
(35
)
 
35

 
 
 
 
34

 
(17
)
 
87

 
(16
)
Amortization of pension and postretirement benefit components:
 
 
 
 
 
 
 
 
 
 
Actuarial valuation and other pension expenses
 
 
 
13

 
(4
)
 
(32
)
 
(28
)
 
 
 
 
13

 
(4
)
 
(32
)
 
(28
)
Translation adjustments and other
 
Interest and other, net
 
(7
)
 
(507
)
 
(6
)
 
(507
)
Total amounts reclassified out of accumulated other comprehensive income (loss)
 
 
 
$
40

 
$
255

 
$
49

 
$
495