v2.4.0.6
Other Comprehensive Earnings
6 Months Ended
Jun. 30, 2012
Other Comprehensive Earnings [Abstract]  
Other Comprehensive Earnings

6.   Other Comprehensive Earnings

 

Components of other comprehensive earnings consist of the following:

 

 

 

 

 

 

 

Three Months

Ended June 30,

Six Months

Ended June 30,

 

2012

2011

2012

2011

 

(In millions)

Foreign currency translation:

 

 

 

 

Beginning accumulated foreign currency translation..........................

$   1,954

$   2,178

$   1,802

$   1,993

Change in cumulative translation adjustment......................................

       (179)

           67

          (20)

         262

Income tax expense...................................................................................

             8

            (2)

             1

          (12)

Ending accumulated foreign currency translation................................

     1,783

     2,243

     1,783

     2,243

Pension and postretirement benefit plans:

 

 

 

 

Beginning accumulated pension and postretirement benefits............

       (223)

       (227)

       (227)

       (233)

Recognition of net actuarial loss and prior service cost in earnings..

             7

             8

           13

           17

Income tax expense...................................................................................

            (2)

            (3)

            (4)

            (6)

Ending accumulated pension and postretirement benefits.................

       (218)

       (222)

       (218)

       (222)

Accumulated other comprehensive earnings, net of tax........................

$   1,565

$   2,021

$   1,565

$   2,021