v2.4.0.8
Changes in Accumulated Other Comprehensive Income
 6 Months Ended
Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Abstract]  
Changes in Accumulated Other Comprehensive Income
CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
The changes in accumulated other comprehensive income (loss) attributable to Delphi (net of tax) for the three and six months ended June 30, 2014 and 2013 are as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
 
 
 
 
 
 
 
 
 
(in millions)
Foreign currency translation adjustments:
 
 
 
 
 
 
 
Balance at beginning of period
$
(27
)
 
$
(140
)
 
$
(17
)
 
$
(62
)
Aggregate adjustment for the period
19

 
(39
)
 
9

 
(117
)
Balance at end of period
(8
)
 
(179
)
 
(8
)
 
(179
)
 
 
 
 
 
 
 
 
Gains (losses) on derivatives:
 
 
 
 
 
 
 
Balance at beginning of period
$
(31
)
 
$
20

 
$
2

 
$
14

Other comprehensive income before reclassifications (net tax effect of $10 million, $22 million, $3 million and $19 million)
37

 
(50
)
 
3

 
(33
)
Reclassification to income (net tax effect of $1 million, $3 million, $2 million and $4 million)
3

 
5

 
4

 
(6
)
Balance at end of period
9

 
(25
)
 
9

 
(25
)
 
 
 
 
 
 
 
 
Pension and postretirement plans:
 
 
 
 
 
 
 
Balance at beginning of period
$
(221
)
 
$
(172
)
 
$
(222
)
 
$
(189
)
Other comprehensive income before reclassifications (net tax effect of $1 million, $4 million, $1 million and $4 million)
(1
)
 
(2
)
 
(2
)
 
13

Reclassification to income (net tax effect of $0 million, $1 million, $0 million and $1 million)
2

 
1

 
4

 
3

Balance at end of period
(220
)
 
(173
)
 
(220
)
 
(173
)
 
 
 
 
 
 
 
 
Accumulated other comprehensive (loss) income, end of period
$
(219
)
 
$
(377
)
 
$
(219
)
 
$
(377
)
Reclassifications from accumulated other comprehensive income to income for the three and six months ended June 30, 2014 were as follows:
Reclassification out of Accumulated Other Comprehensive Income
Details about Accumulated Other Comprehensive Income Components
 
Three Months Ended June 30, 2014
 
Six Months Ended June 30, 2014
 
Affected Line Item in the Statement of Operations
 
 
 
 
 
 
 
 
 
(in millions)
 
 
Gains (losses) on derivatives:
 
 
 
 
 
 
Commodity derivatives
 
$
(6
)
 
$
(10
)
 
Cost of Sales
Foreign currency derivatives
 
3

 
5

 
Cost of Sales
Foreign currency derivatives
 
1

 
3

 
Other Income
 
 
(2
)
 
(2
)
 
Total loss before income taxes
 
 
(1
)
 
(2
)
 
Income tax expense
 
 
(3
)
 
(4
)
 
Net loss
 
 
—

 
—

 
Net income attributable to noncontrolling interest
 
 
$
(3
)
 
$
(4
)
 
Net loss attributable to Delphi
 
 
 
 
 
 
 
Pension and postretirement plans:
 
 
 
 
 
 
Actuarial gains/(losses)
 
$
(2
)
 
$
(4
)
 
(1)
 
 
(2
)
 
(4
)
 
Total loss before income taxes
 
 
—

 
—

 
Income tax expense
 
 
(2
)
 
(4
)
 
Net loss
 
 
—

 
—

 
Net income attributable to noncontrolling interest
 
 
$
(2
)
 
$
(4
)
 
Net loss attributable to Delphi
 
 
 
 
 
 
 
Total reclassifications for the period
 
$
(5
)
 
$
(8
)
 
 
(1)
These accumulated other comprehensive loss components are included in the computation of net periodic pension cost (see Note 9. Pension Benefits for additional details).