Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive Income (Loss) (Tables)

v3.10.0.1
Other Comprehensive Income (Loss) (Tables)
 9 Months Ended
Sep. 29, 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 nine 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
 
—

 
(203
)
 
3

 
(31
)
 
(231
)
Amounts reclassified out of accumulated other comprehensive income (loss)
 
—

 
(55
)
 
48

 
8

 
1

Tax effects
 
—

 
59

 
(12
)
 
8

 
55

Other comprehensive income (loss)
 
—

 
(199
)
 
39

 
(15
)
 
(175
)
Balance as of September 29, 2018
 
$
—

 
$
(69
)
 
$
(989
)
 
$
(45
)
 
$
(1,103
)
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
 
Location
 
Sep 29,
2018
 
Sep 30,
2017
 
Sep 29,
2018
 
Sep 30,
2017
Unrealized holding gains (losses) on available-for-sale equity investments:
 
 
 
 
 
 
 
 
 
 
 
 
Gains (losses) on equity investments, net
 
$
—

 
$
916

 
$
—

 
$
1,962

 
 
 
 
—

 
916

 
—

 
1,962

Unrealized holding gains (losses) on derivatives:
 
 
 
 
 
 
 
 
 
 
Foreign currency contracts
 
Cost of sales
 
(14
)
 
(13
)
 
5

 
(60
)
 
 
Research and development
 
(11
)
 
24

 
60

 
10

 
 
Marketing, general and administrative
 
(1
)
 
4

 
31

 
(2
)
 
 
Gains (losses) on equity investments, net
 
—

 
12

 
—

 
28

 
 
Interest and other, net
 
(6
)
 
17

 
(41
)
 
52

 
 
 
 
(32
)
 
44

 
55

 
28

Amortization of pension and postretirement benefit components:
 
 
 
 
 
 
 
 
 
 
Actuarial valuation and other pension expenses
 
 
 
—

 
(18
)
 
(48
)
 
(46
)
 
 
 
 
—

 
(18
)
 
(48
)
 
(46
)
Translation adjustments and other
 
Interest and other, net
 
(2
)
 
—

 
(8
)
 
(507
)
Total amounts reclassified out of accumulated other comprehensive income (loss)
 
 
 
$
(34
)
 
$
942

 
$
(1
)
 
$
1,437