The following table summarizes the changes in the accumulated balances of each component of accumulated other comprehensive earnings/(losses) attributable to Mondelēz International. Amounts reclassified from accumulated other comprehensive earnings/(losses) to net earnings (net of tax) were net losses of $174 million in 2017, $250 million in 2016 and $350 million in 2015.


	For the Years Ended December 31,
	2017			2016			2015
	(in millions)

Currency Translation Adjustments:
Balance at beginning of period	$	(8,914	)	$	(8,006	)	$	(5,042	)
Currency translation adjustments		987			(847	)		(2,905	)
Reclassification to earnings related to:
Venezuela deconsolidation		–			–			99
Equity method investment transactions		–			57			–
Tax (expense)/benefit		214			(135	)		(184	)

Other comprehensive earnings/(losses)		1,201			(925	)		(2,990	)
Less: (earnings)/loss attributable to noncontrolling interests		(28	)		17			26

Balance at end of period		(7,741	)		(8,914	)		(8,006	)

Pension and Other Benefit Plans:
Balance at beginning of period	$	(2,087	)	$	(1,934	)	$	(2,274	)
Net actuarial gain/(loss) arising during period		(71	)		(491	)		(60	)
Tax (expense)/benefit on net actuarial gain/(loss)		50			70			3
Losses/(gains) reclassified into net earnings:
Amortization of experience losses and prior service costs ⁽¹⁾		174			150			207
Settlement losses ⁽¹⁾		38			36			111
Venezuela deconsolidation		–			–			2
Tax (expense)/benefit on reclassifications ⁽²⁾		(65	)		(46	)		(69	)
Currency impact		(183	)		128			146

Other comprehensive earnings/(losses)		(57	)		(153	)		340

Balance at end of period		(2,144	)		(2,087	)		(1,934	)

Derivative Cash Flow Hedges:
Balance at beginning of period	$	(121	)	$	(46	)	$	(2	)
Net derivative gains/(losses)		(17	)		(151	)		(75	)
Tax (expense)/benefit on net derivative gain/(loss)		9			20			30
Losses/(gains) reclassified into net earnings:
Currency exchange contracts - forecasted transactions ⁽³⁾		4			3			(90	)
Commodity contracts ⁽³⁾		29			9			64
Interest rate contracts ⁽⁴⁾		–			83			47
Tax (expense)/benefit on reclassifications ⁽²⁾		(6	)		(42	)		(21	)
Currency impact		(11	)		3			1

Other comprehensive earnings/(losses)		8			(75	)		(44	)

Balance at end of period		(113	)		(121	)		(46	)

Accumulated other comprehensive income attributable to Mondelēz International:
Balance at beginning of period	$	(11,122	)	$	(9,986	)	$	(7,318	)
Total other comprehensive earnings/(losses)		1,152			(1,153	)		(2,694	)
Less: (earnings)/loss attributable to noncontrolling interests		(28	)		17			26

Other comprehensive earnings/(losses) attributable to Mondelēz International		1,124			(1,136	)		(2,668	)

Balance at end of period	$	(9,998	)	$	(11,122	)	$	(9,986	)

(1)

These reclassified losses are included in the components of net periodic benefit costs disclosed in Note 9, Benefit Plans. Settlement losses include the transfer of coffee business-related pension obligations in the amount of $90 million in 2015.

(2)

Taxes reclassified to earnings are recorded within the provision for income taxes.

(3)

These reclassified gains or losses are recorded within cost of sales.

(4)

These reclassified losses are recorded within interest and other expense, net.