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Accumulated Other Comprehensive Loss
 12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Accumulated Other Comprehensive Loss
21. ACCUMULATED OTHER COMPREHENSIVE LOSS

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

 

     2016      2015  

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

      

Balance, beginning of year

    $ (1,042 )     $ (255 ) 

Net unrealized loss

      (109 )       (798 ) 

Repurchase of shares under normal course issuer bids [note 20]

      20        11  
  

 

 

     

 

 

  

Balance, end of year

      (1,131 )       (1,042 ) 
  

 

 

     

 

 

  

Accumulated net unrealized loss on cash flow hedges [b]

      

Balance, beginning of year

      (262 )       (113 ) 

Net unrealized gain (loss)

      1        (244 ) 

Reclassification of net loss to net income [a]

      126        95  
  

 

 

     

 

 

  

Balance, end of year

      (135 )       (262 ) 
  

 

 

     

 

 

  

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

      

Balance, beginning of year

      (165 )       (186 ) 

Net unrealized (loss) gain

      (29 )       14  

Reclassification of net loss to net income [a]

      9        7  
  

 

 

     

 

 

  

Balance, end of year

      (185 )       (165 ) 
  

 

 

     

 

 

  

Accumulated net unrealized loss on available-for-sale investments

      

Balance, beginning of year

      (1 )       (4 ) 

Net unrealized loss

      —          3  

Reclassification of net loss to net income [a]

      1        —    
  

 

 

     

 

 

  

Balance, end of year

      —          (1 ) 
  

 

 

     

 

 

  

Total accumulated other comprehensive loss [c]

    $ (1,451 )     $ (1,470 ) 
  

 

 

     

 

 

  

 

[a]

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

 

     2016      2015  

Cash flow hedges

      

Sales

    $ (87 )     $ (86 ) 

Cost of sales

      (87 )       (45 ) 

Interest

      —          (3 ) 

Income tax

      48        39  
  

 

 

     

 

 

  

Net of tax

      (126 )       (95 ) 
  

 

 

     

 

 

  

Other long-term liabilities

      

Cost of sales

      1        (9 ) 

Income tax

      —          2  
  

 

 

     

 

 

  

Net of tax

      1        (7 ) 
  

 

 

     

 

 

  

Total loss reclassified to net income

    $ (125 )     $ (102 ) 
  

 

 

     

 

 

  

 

[b]

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

 

     2016      2015  

Accumulated net unrealized loss on cash flow hedges

      

Balance, beginning of year

    $ 97      $ 44  

Net unrealized loss

      4        92  

Reclassification of net loss to net income

      (48 )       (39 ) 
  

 

 

     

 

 

  

Balance, end of year

      53        97  
  

 

 

     

 

 

  

Accumulated net unrealized loss on other long-term liabilities

      

Balance, beginning of year

      31        36  

Net unrealized loss (gain)

      3        (3 ) 

Reclassification of net loss to net income

      (4 )       (2 ) 
  

 

 

     

 

 

  

Balance, end of year

      30        31  
  

 

 

     

 

 

  

Total income tax benefit

    $ 83      $ 128  
  

 

 

     

 

 

  

 

[c]

The amount of other comprehensive loss that is expected to be reclassified to net income during 2017 is $130 million.