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Accumulated Other Comprehensive Loss
 12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Accumulated Other Comprehensive Loss

22. ACCUMULATED OTHER COMPREHENSIVE LOSS

The following is a continuity schedule of accumulated other comprehensive loss:

 

     2015      2014  

Accumulated net unrealized loss on translation of net investment in foreign operations

      

Balance, beginning of year

    $ (255 )     $ 454   

Net unrealized loss

      (798 )       (681 ) 

Repurchase of shares under normal course issuer bids [note 21]

      11         (28 ) 
  

 

 

     

 

 

  

Balance, end of year

      (1,042 )       (255 ) 
  

 

 

     

 

 

  

Accumulated net unrealized loss on cash flow hedges [b]

      

Balance, beginning of year

      (113 )       (20 ) 

Net unrealized loss

      (244 )       (103 ) 

Reclassification of net loss to net income [a]

      95         10   
  

 

 

     

 

 

  

Balance, end of year

      (262 )       (113 ) 
  

 

 

     

 

 

  

Accumulated net unrealized loss on other long-term liabilities [b]

      

Balance, beginning of year

      (186 )       (117 ) 

Net unrealized gain (loss)

      14         (72 ) 

Reclassification of net loss to net income [a]

      7         3   
  

 

 

     

 

 

  

Balance, end of year

      (165 )       (186 ) 
  

 

 

     

 

 

  

Accumulated net unrealized loss on available-for-sale investments

      

Balance, beginning of year

      (4 )       (4 ) 

Net unrealized loss

      3         —     
  

 

 

     

 

 

  

Balance, end of year

      (1 )       (4 ) 
  

 

 

     

 

 

  

Total accumulated other comprehensive loss [c]

    $ (1,470 )     $ (558 ) 
  

 

 

     

 

 

  

 

[a]

The effects on net income of amounts reclassified from AOCL, with presentation location, were as follows:

 

     2015      2014  

Cash flow hedges

      

Sales

    $ (86 )     $ (28 ) 

Cost of sales

      (45 )       17   

Interest

      (3 )       —     

Income tax

      39         1   
  

 

 

     

 

 

  

Net of tax

      (95 )       (10 ) 
  

 

 

     

 

 

  

Other long-term liabilities

      

Cost of sales

      (9 )       (4 ) 

Income tax

      2         1   
  

 

 

     

 

 

  

Net of tax

      (7 )       (3 ) 
  

 

 

     

 

 

  

Total loss reclassified to net income

    $ (102 )     $ (13 ) 
  

 

 

     

 

 

  

 

[b]

The amount of income tax benefit that has been allocated to each component of other comprehensive loss is as follows:

 

     2015      2014  

Accumulated net unrealized loss on cash flow hedges

      

Balance, beginning of year

    $ 44       $ 4   

Net unrealized loss

      92         41   

Reclassification of net loss to net income

      (39 )       (1 ) 
  

 

 

     

 

 

  

Balance, end of year

      97         44   
  

 

 

     

 

 

  

Accumulated net unrealized loss on other long-term liabilities

      

Balance, beginning of year

      36         14   

Net unrealized (gain) loss

      (3 )       23   

Reclassification of net loss to net income

      (2 )       (1 ) 
  

 

 

     

 

 

  

Balance, end of year

      31         36   
  

 

 

     

 

 

  

Total income tax benefit

    $ 128       $ 80   
  

 

 

     

 

 

  

 

[c]

The amount of other comprehensive loss that is expected to be reclassified to net income during 2016 is $185 million.