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Accumulated Other Comprehensive Income (Loss)
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)

Changes in the balances of each component of accumulated other comprehensive income (loss) were as follows:

 
Millions of Dollars
 
Defined
Benefit
Plans

 
Foreign
Currency
Translation

 
Hedging

 
Accumulated
Other
Comprehensive
Income (Loss)

 
 
 
 
 
 
 
 
December 31, 2013
$
(404
)
 
443

 
(2
)
 
37

Other comprehensive income (loss) before reclassification
(330
)
 
(276
)
 

 
(606
)
Amounts reclassified from accumulated other comprehensive income (loss)


 


 


 


Amortization of defined benefit plan items*


 


 


 


Actuarial losses
38

 

 

 
38

Net current period other comprehensive loss
(292
)
 
(276
)
 

 
(568
)
December 31, 2014
(696
)
 
167

 
(2
)
 
(531
)
Other comprehensive income (loss) before reclassifications
(78
)
 
(156
)
 

 
(234
)
Amounts reclassified from accumulated other comprehensive income (loss)


 


 


 


Amortization of defined benefit plan items*


 


 


 


Actuarial losses and settlements
112

 

 

 
112

Net current period other comprehensive income (loss)
34

 
(156
)
 

 
(122
)
December 31, 2015
(662
)
 
11

 
(2
)
 
(653
)
Other comprehensive income (loss) before reclassifications
(112
)
 
(296
)
 
5

 
(403
)
Amounts reclassified from accumulated other comprehensive income (loss)


 


 


 


Amortization of defined benefit plan items*


 


 


 


Actuarial losses and settlements
61

 

 

 
61

Net current period other comprehensive income (loss)
(51
)
 
(296
)
 
5

 
(342
)
December 31, 2016
$
(713
)
 
(285
)
 
3

 
(995
)

*Included in the computation of net periodic benefit cost. See Note 20—Employee Benefit Plans, for additional information.