Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive Income (Loss) (Tables)

v2.4.0.8
Other Comprehensive Income (Loss) (Tables)
 6 Months Ended
Jun. 28, 2014
Comprehensive Income (Tables) [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 2014 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 28, 2013
 
$
1,882

 
$
67

 
$
4

 
$
(14
)
 
$
(602
)
 
$
(94
)
 
$
1,243

Other comprehensive income before reclassifications
 
(13
)
 
—

 
38

 
(50
)
 
(10
)
 
(7
)
 
(42
)
Amounts reclassified out of accumulated other comprehensive income (loss)
 
(121
)
 
—

 
(18
)
 
2

 
19

 
—

 
(118
)
Tax effects
 
48

 
(4
)
 
(9
)
 
5

 
(4
)
 
1

 
37

Other comprehensive income (loss)
 
(86
)
 
(4
)
 
11

 
(43
)
 
5

 
(6
)
 
(123
)
June 28, 2014
 
$
1,796

 
$
63

 
$
15

 
$
(57
)
 
$
(597
)
 
$
(100
)
 
$
1,120

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 28,
2014
 
Jun 29,
2013
 
Jun 28,
2014
 
Jun 29,
2013
 
Location
Unrealized holding gains (losses) on available-for-sale investments:
 
 
 
 
 
 
 
 
 
 
 
 
$
(4
)
 
$
—

 
$
(2
)
 
$
3

 
Interest and other, net
 
 
62

 
8

 
123

 
9

 
Gains (losses) on equity investments, net
 
 
58

 
8

 
121

 
12

 
 
Unrealized holding gains (losses) on derivatives:
 
 
 
 
 
 
 
 
 
 
Currency forwards
 
(7
)
 
(28
)
 
(5
)
 
(28
)
 
Cost of sales
 
 
10

 
5

 
18

 
8

 
Research and development
 
 
3

 
(3
)
 
5

 
(4
)
 
Marketing, general and administrative
Other instruments
 
—

 
1

 
—

 
1

 
Cost of sales
 
 
6

 
(25
)
 
18

 
(23
)
 
 
Amortization of pension and postretirement benefit components:
 
 
 
 
 
 
 
 
 
 
Prior service credits (costs)
 
(1
)
 
(1
)
 
(2
)
 
(2
)
 
 
Actuarial gains (losses)
 
(9
)
 
(26
)
 
(19
)
 
(51
)
 
 
 
 
(10
)
 
(27
)
 
(21
)
 
(53
)
 
 
Total amounts reclassified out of accumulated other comprehensive income (loss)
 
$
54

 
$
(44
)
 
$
118

 
$
(64
)