Stockholders' Equity (Deficit)

Set forth below is a reconciliation for the six months ended June 30, 2018 of the carrying amount of total stockholders' equity from the beginning of the period to the end of the period.



	Stockholders' Equity (Deficit) Attributable to
	The Corporation			Noncontrolling Interests
Balance at December 31, 2017	$	629		$	253
Net Income	548			12
Other comprehensive income, net of tax	(147		)	(10		)
Stock-based awards exercised or vested	24			—
Recognition of stock-based compensation	25			—
Shares repurchased	(447		)	—
Dividends declared	(699		)	(20		)
Other	10			—
Balance at June 30, 2018	$	(57	)	$	235

During the six months ended June 30, 2018, we repurchased 3.9 million shares at a total cost of $427 pursuant to a share repurchase program authorized by our Board of Directors.

Net unrealized currency gains or losses resulting from the translation of assets and liabilities of foreign subsidiaries, except those in highly inflationary economies, are recorded in AOCI. For these operations, changes in exchange rates generally do not affect cash flows; therefore, unrealized translation adjustments are recorded in AOCI rather than net income. Upon sale or substantially complete liquidation of any of these subsidiaries, the applicable unrealized translation would be removed from AOCI and reported as part of the gain or loss on the sale or liquidation.

Also included in unrealized translation amounts are the effects of foreign exchange rate changes on intercompany balances of a long-term investment nature and transactions designated as hedges of net foreign investments.

The change in net unrealized currency translation for the six months ended June 30, 2018 was primarily due to the weakening of most foreign currencies versus the U.S. dollar, including the Brazilian real, Australian dollar and South Korean won.

The changes in the components of AOCI attributable to Kimberly-Clark, net of tax, are as follows:



	Unrealized Translation			Defined Benefit Pension Plans				Other Postretirement Benefit Plans				Cash Flow Hedges and Other
Balance as of December 31, 2016	$	(2,351	)	$	(1,097	)		$	(31	)		$	5
Other comprehensive income (loss) before reclassifications	310			(17		)		—				(37		)
(Income) loss reclassified from AOCI	—			15			(a)	—				(3		)
Net current period other comprehensive income (loss)	310			(2		)		—				(40		)
Balance as of June 30, 2017	$	(2,041	)	$	(1,099	)		$	(31	)		$	(35	)

Balance as of December 31, 2017	$	(1,864	)	$	(976	)		$	(39	)		$	(40	)
Other comprehensive income (loss) before reclassifications	(254		)	27				13				15
(Income) loss reclassified from AOCI	1			39			(a)	(1		)	(a)	13
Net current period other comprehensive income (loss)	(253		)	66				12				28
Tax effects reclassified from AOCI	(18		)	(125		)		(5		)		(8		)
Balance as of June 30, 2018	$	(2,135	)	$	(1,035	)		$	(32	)		$	(20	)


(a)	Included in computation of net periodic benefit costs.