25. OTHER COMPREHENSIVE INCOME ITEMS

The after-tax changes in accumulated other comprehensive income at November 1, 2015, October 30, 2016, October 29, 2017, and October 28, 2018 in millions of dollars follow:


									Total
					Unrealized		Unrealized		Accumulated
	Retirement		Cumulative		Gain (Loss)		Gain (Loss)		Other
	Benefits		Translation		on		on		Comprehensive
	Adjustment		Adjustment		Derivatives		Investments		Income (Loss)
2015	$	(3,501)	$	(1,238)	$	(2)	$	12	$	(4,729)
Period Change		(908)		9		3		(1)		(897)
2016		(4,409)		(1,229)		1		11		(5,626)
Period Change		829		230		4		(1)		1,062
2017		(3,580)		(999)		5		10		(4,564)
Period Change		1,052		(195)		9		(13)		853
ASU No. 2018-02*		(709)		(10)		1		1		(717)
2018	$	(3,237)	$	(1,204)	$	15	$	(2)	$	(4,428)

* See Note 3.

Following are amounts recorded in and reclassifications out of other comprehensive income (loss), and the income tax effects, in millions of dollars:


	Before		Tax		After
	Tax		(Expense)		Tax
	Amount		Credit		Amount
2018
Cumulative translation adjustment	$	(188)	$	(7)	$	(195)
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		18		(4)		14
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		(5)		1		(4)
Foreign exchange contracts – Other operating expenses		(1)				(1)
Net unrealized gain (loss) on derivatives		12		(3)		9
Unrealized gain (loss) on investments:
Unrealized holding gain (loss)		(17)		5		(12)
Reclassification of realized (gain) loss – Other income		(1)				(1)
Net unrealized gain (loss) on investments		(18)		5		(13)
Retirement benefits adjustment:
Pensions
Net actuarial gain (loss)		553		(128)		425
Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses:*
Actuarial (gain) loss		226		(63)		163
Prior service (credit) cost		12		(4)		8
Settlements/curtailments		8		(2)		6
OPEB
Net actuarial gain (loss) and prior service credit (cost)		603		(142)		461
Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses:*
Actuarial (gain) loss		62		(17)		45
Prior service (credit) cost		(77)		21		(56)
Net unrealized gain (loss) on retirement benefits adjustment		1,387		(335)		1,052
Total other comprehensive income (loss)	$	1,193	$	(340)	$	853

* These accumulated other comprehensive income amounts are included in net periodic pension and OPEB costs. See Note 7 for additional detail.


	Before		Tax		After
	Tax		(Expense)		Tax
	Amount		Credit		Amount
2017
Cumulative translation adjustment	$	232	$	(2)	$	230
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		3		(1)		2
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		2		(1)		1
Foreign exchange contracts – Other operating expenses		1				1
Net unrealized gain (loss) on derivatives		6		(2)		4
Unrealized gain (loss) on investments:
Unrealized holding gain (loss)		274		(101)		173
Reclassification of realized (gain) loss – Other income		(275)		101		(174)
Net unrealized gain (loss) on investments		(1)				(1)
Retirement benefits adjustment:
Pensions
Net actuarial gain (loss)		702		(248)		454
Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses:*
Actuarial (gain) loss		247		(89)		158
Prior service (credit) cost		12		(4)		8
Settlements/curtailments		2		(1)		1
OPEB
Net actuarial gain (loss)		309		(115)		194
Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses:*
Actuarial (gain) loss		99		(36)		63
Prior service (credit) cost		(77)		28		(49)
Net unrealized gain (loss) on retirement benefits adjustment		1,294		(465)		829
Total other comprehensive income (loss)	$	1,531	$	(469)	$	1,062

* These accumulated other comprehensive income amounts are included in net periodic pension and OPEB costs. See Note 7 for additional detail.


	Before		Tax		After
	Tax		(Expense)		Tax
	Amount		Credit		Amount
2016
Cumulative translation adjustment	$	8	$	1	$	9
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		(2)		1		(1)
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		7		(2)		5
Foreign exchange contracts – Other operating expenses		(1)				(1)
Net unrealized gain (loss) on derivatives		4		(1)		3
Unrealized gain (loss) on investments:
Unrealized holding gain (loss)		2				2
Reclassification of realized (gain) loss – Other income		(4)		1		(3)
Net unrealized gain (loss) on investments		(2)		1		(1)
Retirement benefits adjustment:
Pensions
Net actuarial gain (loss) and prior service credit (cost)		(1,141)		397		(744)
Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses:*
Actuarial (gain) loss		211		(77)		134
Prior service (credit) cost		16		(6)		10
Settlements/curtailments		14		(4)		10
OPEB
Net actuarial gain (loss) and prior service credit (cost)		(493)		178		(315)
Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses:*
Actuarial (gain) loss		73		(27)		46
Prior service (credit) cost		(78)		29		(49)
Net unrealized gain (loss) on retirement benefits adjustment		(1,398)		490		(908)
Total other comprehensive income (loss)	$	(1,388)	$	491	$	(897)

* These accumulated other comprehensive income amounts are included in net periodic pension and OPEB costs. See Note 7 for additional detail.

The noncontrolling interests’ comprehensive income (loss) was $2.1 million in 2018, $.3 million in 2017, and $(2.4) million in 2016, which consisted of net income (loss) of $2.2 million in 2018, $.1 million in 2017, and $(2.4) million in 2016 and cumulative translation adjustments of $(.1) million in 2018, $.2 million in 2017, and none in 2016.