(5) Other Comprehensive Income Items

The after-tax changes in accumulated other comprehensive income (loss) in millions of dollars follow:


									Total
					Unrealized		Unrealized		Accumulated
	Retirement		Cumulative		Gain (Loss)		Gain (Loss)		Other
	Benefits		Translation		on		on		Comprehensive
	Adjustment		Adjustment		Derivatives		Debt Securities		Income (Loss)
Balance October 29, 2017	$	(3,580)	$	(999)	$	5	$	10	$	(4,564)
Other comprehensive income (loss) items before reclassification		81		225		11		(9)		308
Amounts reclassified from accumulated other comprehensive income		84				(1)				83
Net current period other comprehensive income (loss)		165		225		10		(9)		391
Balance April 29, 2018	$	(3,415)	$	(774)	$	15	$	1	$	(4,173)

Balance October 28, 2018	$	(3,237)	$	(1,204)	$	15	$	(2)	$	(4,428)
ASU No. 2016-01 adoption*								(8)		(8)
Other comprehensive income (loss) items before reclassification		32		(244)		(11)		16		(207)
Amounts reclassified from accumulated other comprehensive income		37				(4)				33
Net current period other comprehensive income (loss)		69		(244)		(15)		16		(174)
Balance April 28, 2019	$	(3,168)	$	(1,448)			$	6	$	(4,610)
* 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
Three Months Ended April 28, 2019	Amount		Credit		Amount
Cumulative translation adjustment	$	(83)	$	1	$	(82)
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		(6)		1		(5)
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		(3)		1		(2)
Net unrealized gain (loss) on derivatives		(9)		2		(7)
Unrealized gain (loss) on debt securities:
Unrealized holding gain (loss)		10		(2)		8
Net unrealized gain (loss) on debt securities		10		(2)		8
Retirement benefits adjustment:
Pensions
Net actuarial gain (loss)		(19)		4		(15)
Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses: *
Actuarial (gain) loss		36		(9)		27
Prior service (credit) cost		3		(1)		2
OPEB
Net actuarial gain (loss)		60		(14)		46
Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses: *
Actuarial (gain) loss		3		(1)		2
Prior service (credit) cost		(18)		5		(13)
Net unrealized gain (loss) on retirement benefits adjustment		65		(16)		49
Total other comprehensive income (loss)	$	(17)	$	(15)	$	(32)


	Before		Tax		After
	Tax		(Expense)		Tax
Six Months Ended April 28, 2019	Amount		Credit		Amount
Cumulative translation adjustment	$	(244)			$	(244)
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		(14)	$	3		(11)
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		(5)		1		(4)
Net unrealized gain (loss) on derivatives		(19)		4		(15)
Unrealized gain (loss) on debt securities:
Unrealized holding gain (loss)		20		(4)		16
Net unrealized gain (loss) on debt securities		20		(4)		16
Retirement benefits adjustment:
Pensions
Net actuarial gain (loss)		(18)		4		(14)
Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses: *
Actuarial (gain) loss		71		(17)		54
Prior service (credit) cost		6		(2)		4
OPEB
Net actuarial gain (loss)		60		(14)		46
Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses: *
Actuarial (gain) loss		8		(2)		6
Prior service (credit) cost		(36)		9		(27)
Net unrealized gain (loss) on retirement benefits adjustment		91		(22)		69
Total other comprehensive income (loss)	$	(152)	$	(22)	$	(174)

* These accumulated other comprehensive income amounts are included in net periodic pension and OPEB costs. See Note 8 for additional detail.


	Before		Tax		After
	Tax		(Expense)		Tax
Three Months Ended April 29, 2018	Amount		Credit		Amount
Cumulative translation adjustment			$	1	$	1
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)	$	7		(1)		6
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		(1)				(1)
Net unrealized gain (loss) on derivatives		6		(1)		5
Unrealized gain (loss) on investments:
Unrealized holding gain (loss)		(11)		2		(9)
Reclassification of realized (gain) loss – Other income		(1)		1
Net unrealized gain (loss) on investments		(12)		3		(9)
Retirement benefits adjustment:
Pensions
Net actuarial gain (loss)		39		(9)		30
Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses: *
Actuarial (gain) loss		54		(14)		40
Prior service (credit) cost		3		(1)		2
Settlements/curtailments		6		(2)		4
OPEB
Net actuarial gain (loss)		60		(14)		46
Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses: *
Actuarial (gain) loss		15		(4)		11
Prior service (credit) cost		(19)		5		(14)
Net unrealized gain (loss) on retirement benefits adjustment		158		(39)		119
Total other comprehensive income (loss)	$	152	$	(36)	$	116

* These accumulated other comprehensive income amounts are included in net periodic pension and OPEB costs. See Note 8 for additional detail.

In the second quarter of 2019 and 2018, the noncontrolling interests’ comprehensive income was $1.4 million and $1.7 million, respectively, which consisted of net income of $1.4 million and $1.4 million and cumulative translation adjustments of none and $.3 million, respectively.


	Before		Tax		After
	Tax		(Expense)		Tax
Six Months Ended April 29, 2018	Amount		Credit		Amount
Cumulative translation adjustment	$	225			$	225
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		15	$	(4)		11
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		(1)				(1)
Net unrealized gain (loss) on derivatives		14		(4)		10
Unrealized gain (loss) on investments:
Unrealized holding gain (loss)		(11)		2		(9)
Reclassification of realized (gain) loss – Other income		(1)		1
Net unrealized gain (loss) on investments		(12)		3		(9)
Retirement benefits adjustment:
Pensions
Net actuarial gain (loss)		46		(11)		35
Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses: *
Actuarial (gain) loss		115		(34)		81
Prior service (credit) cost		6		(2)		4
Settlements/curtailments		6		(2)		4
OPEB
Net actuarial gain (loss)		60		(14)		46
Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses: *
Actuarial (gain) loss		31		(9)		22
Prior service (credit) cost		(38)		11		(27)
Net unrealized gain (loss) on retirement benefits adjustment		226		(61)		165
Total other comprehensive income (loss)	$	453	$	(62)	$	391

* These accumulated other comprehensive income amounts are included in net periodic pension and OPEB costs. See Note 8 for additional detail.

In the first six months of 2019 and 2018, the noncontrolling interests’ comprehensive income was $2.5 million and $2.1 million, respectively, which consisted of net income of $2.5 million and $1.7 million and cumulative translation adjustments of none and $.4 million, respectively.