XML 55 R42.htm IDEA: XBRL DOCUMENT v3.10.0.1
Shareholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2018
Shareholders' Equity [Abstract]  
Changes in Capital Stock



 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 



 

Common stock

 

Treasury stock



 

Shares

 

Par value

 

Shares

Cost

Balance at December 31, 2015

 

 1,681 

 

$

 840 

 

 (551)

 

$

 (9,725)



 

 

 

 

 

 

 

 

 

 

Shares issued to benefit plans and for
  option exercises

 

 10 

 

 

 6 

 

 

 

 

 (2)

Shares purchased for treasury

 

 

 

 

 

 

 (214)

 

 

 (4,409)

Other, net

 

 

 

 

 

 

 

 

 

 (16)

Balance at December 31, 2016

 

 1,691 

 

$

 846 

 

 (765)

 

$

 (14,152)



 

 

 

 

 

 

 

 

 

 

Shares issued to benefit plans and for
  option exercises

 

 17 

 

 

 8 

 

 

 

 

 (2)

Shares purchased for treasury

 

 

 

 

 

 

 (84)

 

 

 (2,462)

Other, net

 

 

 

 

 

 

 (1)

 

 

 (17)

Balance at December 31, 2017

 

 1,708 

 

$

 854 

 

 (850)

 

$

 (16,633)



 

 

 

 

 

 

 

 

 

 

Shares issued to benefit plans and for
  option exercises

 

 5 

 

 

 3 

 

 

 

 

 

Shares purchased for treasury

 

 

 

 

 

 

 (75)

 

 

 (2,230)

Other, net

 

 

 

 

 

 

 

 

 

 (7)

Balance at December 31, 2018

 

 1,713 

 

$

 857 

 

 (925)

 

$

 (18,870)



Accumulated Other Comprehensive Income (Loss)





 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Foreign
currency
translation
adjustments
and other

 

Unamortized
actuarial gains
(losses) and
prior service
(costs) credits

 

Net
unrealized
gains
(losses) on
investments

 

Net
unrealized
gains
(losses) on
designated
hedges

 

Accumulated
other
comprehensive
loss



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2015

 

$

 (1,171)

 

$

 (588)

 

$

 (14)

 

$

 (38)

 

$

 (1,811)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income before
  reclassifications (4)

 

$

 (89)

 

$

 (63)

 

$

 (2)

 

$

 (21)

 

$

 (175)

Amounts reclassified from accumulated other
  comprehensive income (loss) (2)

 

 

 

 

 

 40 

 

 

 

 

 

 22 

 

 

 62 

Equity method affiliates (3)(7)

 

 

 (15)

 

 

 264 

 

 

 (1)

 

 

 

 

 

 248 

Net current-period other comprehensive (loss) income

 

 

 (104)

 

 

 241 

 

 

 (3)

 

 

 1 

 

 

 135 

Balance at December 31, 2016

 

$

 (1,275)

 

$

 (347)

 

$

 (17)

 

$

 (37)

 

$

 (1,676)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income before
  reclassifications (5)

 

$

 711 

 

$

 13 

 

 

 

 

$

 33 

 

$

 757 

Amounts reclassified from accumulated other
  comprehensive income (loss) (2)

 

 

 

 

 

 17 

 

$

 14 

 

 

 11 

 

 

 42 

Equity method affiliates (3)

 

 

 35 

 

 

 

 

 

 

 

 

 

 

 

 35 

Net current-period other comprehensive income

 

 

 746 

 

 

 30 

 

 

 14 

 

 

 44 

 

 

 834 

Balance at December 31, 2017

 

$

 (529)

 

$

 (317)

 

$

 (3)

 

$

 7 

 

$

 (842)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income before
  reclassifications (6)

 

$

 (180)

 

$

 (84)

 

$

 (1)

 

$

 9 

 

$

 (256)

Amounts reclassified from accumulated other
  comprehensive income (loss) (2)

 

 

 

 

 

 103 

 

 

 

 

 

 (10)

 

 

 93 

Equity method affiliates (3)

 

 

 (5)

 

 

 

 

 

 

 

 

 

 

 

 (5)

Net current-period other comprehensive (loss) income

 

 

 (185)

 

 

 19 

 

 

 (1)

 

 

 (1)

 

 

 (168)

Balance at December 31, 2018

 

$

 (714)

 

$

 (298)

 

$

 (4)

 

$

 6 

 

$

 (1,010)



(1)

All amounts are after tax.  Amounts in parentheses indicate debits to accumulated other comprehensive income.

(2)

Tax effects of reclassifications are disclosed separately in this Note 15.

(3)

Tax effects related to equity method affiliates are not significant in the reported periods except for the tax expense of $20 million related to the pension component in 2016.

(4)

Amounts are net of total tax benefit of $52 million, including $36 million related to the retirement plans component, $12 million related to the hedges component, $3 million related to the foreign currency translation adjustments and $1 million related to the investments component.

(5)

Amounts are net of total tax expense of $97 million, including $88 million related to the foreign currency translation adjustments, $5 million related to the hedges component and $4 million related to the retirement plans component.

(6)

Amounts are net of total tax benefit of $64 million, including $34 million related to the foreign currency translation adjustments, $33 million related to the retirement plans component and $(3) million related to the hedges component.

Most of the changes in equity method affiliate accumulated other comprehensive income components in 2016 relate to disposal transactions with amounts reclassified to the income statement. 

Reclassifications Out of Accumulated Other Comprehensive Income by Component





 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

Reclassifications Out of Accumulated Other Comprehensive Income (AOCI) by Component (1)



Amount reclassified from AOCI

 

Affected line item



Years ended December 31,

 

in the consolidated

Details about AOCI Components

2018

 

2017

 

2016

 

statements of income (loss)



 

 

 

 

 

 

 

 

 

 

Amortization of net actuarial loss

$

 (138)

 

$

 (20)

 

$

 (62)

 

(2)

Amortization of prior service cost

 

 (6)

 

 

 (2)

 

 

 (1)

 

(2)



 

 (144)

 

 

 (22)

 

 

 (63)

 

Total before tax



 

 41 

 

 

 5 

 

 

 23 

 

Tax benefit



$

 (103)

 

$

 (17)

 

$

 (40)

 

Net of tax



 

 

 

 

 

 

 

 

 

 

Realized losses on investments

 

 

 

$

 (3)

 

 

 

 

Other expense, net



 

 

 

 

 (11)

 

 

 

 

Tax expense



 

 

 

$

 (14)

 

 

 

 

Net of tax



 

 

 

 

 

 

 

 

 

 

Realized gains (losses) on designated hedges

 

 

 

$

 1 

 

$

 4 

 

Sales



$

 13 

 

 

 (12)

 

 

 (36)

 

Cost of sales



 

 (1)

 

 

 (2)

 

 

 (2)

 

Other expense, net



 

 12 

 

 

 (13)

 

 

 (34)

 

Total before tax



 

 (2)

 

 

 2 

 

 

 12 

 

Tax (expense) benefit



$

 10 

 

$

 (11)

 

$

 (22)

 

Net of tax



 

 

 

 

 

 

 

 

 

 

Total reclassifications for the period

$

 (93)

 

$

 (42)

 

$

 (62)

 

Net of tax



(1)

Amounts in parentheses indicate debits to the statement of income.

(2)

These accumulated other comprehensive income components are included in net periodic pension cost.  See Note 11 (Employee Retirement Plans) to the Consolidated Financial Statements for additional details.