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Other Comprehensive Earnings (Tables)
9 Months Ended
Sep. 30, 2015
Other Comprehensive Earnings [Abstract]  
Components Of Other Comprehensive Earnings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30,

 

September 30,

 

 

2015

 

2014

 

2015

 

2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Millions)

Foreign currency translation:

 

 

 

 

 

 

 

 

 

 

 

 

Beginning accumulated foreign currency translation

 

$

725 

 

$

1,442 

 

$

983 

 

$

1,448 

Change in cumulative translation adjustment

 

 

(242)

 

 

(299)

 

 

(519)

 

 

(306)

Income tax benefit

 

 

30 

 

 

20 

 

 

49 

 

 

21 

Ending accumulated foreign currency translation

 

 

513 

 

 

1,163 

 

 

513 

 

 

1,163 

Pension and postretirement benefit plans:

 

 

 

 

 

 

 

 

 

 

 

 

Beginning accumulated pension and postretirement benefits

 

 

(197)

 

 

(172)

 

 

(204)

 

 

(180)

Recognition of net actuarial loss and prior service cost in earnings (1)

 

 

 

 

 

 

17 

 

 

15 

Income tax expense

 

 

(1)

 

 

(2)

 

 

(5)

 

 

(5)

Ending accumulated pension and postretirement benefits

 

 

(192)

 

 

(170)

 

 

(192)

 

 

(170)

Accumulated other comprehensive earnings, net of tax

 

$

321 

 

$

993 

 

$

321 

 

$

993 

__________________________

(1)  These accumulated other comprehensive earnings components are included in the computation of net periodic benefit cost, which is a component of general and administrative expenses on the accompanying consolidated comprehensive statements of earnings. See Note 14 for additional details.