| Stockholders' Equity [Text Block] |
Stockholders' Equity
Preferred and Common Stock
We have 2.0 billion shares of preferred stock and 5.0 billion shares of common stock authorized for issuance. We had 1.6 billion shares of common stock issued and outstanding at September 30, 2015 and December 31, 2014. In December 2014 we redeemed all of the remaining outstanding shares of our Series A preferred stock. In the nine months ended September 30, 2015 we purchased 85 million shares of our outstanding common stock for $2.9 billion as part of the common stock repurchase program announced in March 2015.
The following table summarizes dividends paid on our preferred and common stock (dollars in millions): | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | September 30, 2015 | | September 30, 2014 | | September 30, 2015 | | September 30, 2014 | Series A preferred stock | | | $ | 87 |
| |
| | $ | 263 |
| Common stock | $ | 563 |
| | $ | 483 |
| | $ | 1,618 |
| | $ | 1,445 |
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Accumulated Other Comprehensive Loss
The following table summarizes the components of Accumulated other comprehensive loss (dollars in millions): | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | September 30, 2015 | | September 30, 2014 | | September 30, 2015 | | September 30, 2014 | Foreign Currency Translation Adjustments | | | | | | | | Balance at beginning of period | $ | (1,023 | ) | | $ | (661 | ) | | $ | (1,064 | ) | | $ | (614 | ) | Other comprehensive loss before reclassification adjustment, net of tax(a) | (637 | ) | | (79 | ) | | (764 | ) | | (133 | ) | Reclassification adjustment, net of tax(a)(b) | (8 | ) | | — |
| | 168 |
| | 2 |
| Other comprehensive loss, net of tax | (645 | ) | | (79 | ) | | (596 | ) | | (131 | ) | Other comprehensive income (loss) attributable to noncontrolling interests, net of tax | (2 | ) | | 8 |
| | (10 | ) | | 13 |
| Balance at end of period | $ | (1,670 | ) | | $ | (732 | ) | | $ | (1,670 | ) | | $ | (732 | ) | Defined Benefit Plans, Net | | | | | | | | Balance at beginning of period | $ | (6,517 | ) | | $ | (2,477 | ) | | $ | (7,006 | ) | | $ | (2,501 | ) | Other comprehensive loss before reclassification adjustment – prior service cost or credit, net of tax(a) | (6 | ) | | (3 | ) | | (13 | ) | | (30 | ) | Other comprehensive income before reclassification adjustment – actuarial gains or losses, net of tax(a) | 91 |
| | 257 |
| | 439 |
| | 238 |
| Other comprehensive income before reclassification adjustment, net of tax | 85 |
| | 254 |
| | 426 |
| | 208 |
| Reclassification adjustment – prior service cost or credit, net of tax(a)(c) | 2 |
| | 4 |
| | 9 |
| | 14 |
| Reclassification adjustment – actuarial losses, net of tax(a)(c) | 67 |
| | 22 |
| | 208 |
| | 82 |
| Reclassification adjustment, net of tax(a) | 69 |
| | 26 |
| | 217 |
| | 96 |
| Other comprehensive income, net of tax | 154 |
| | 280 |
| | 643 |
| | 304 |
| Balance at end of period | $ | (6,363 | ) | | $ | (2,197 | ) | | $ | (6,363 | ) | | $ | (2,197 | ) |
_______ | | (a) | The income tax effect was insignificant in the three and nine months ended September 30, 2015 and 2014. |
| | (b) | Related to the change of our business model in Russia. Included in Automotive cost of sales. Refer to Note 12 for additional information. |
| | (c) | Included in the computation of net periodic pension and OPEB (income) expense. Refer to Note 9 for additional information. |
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