Accumulated Other Comprehensive Income

The following table provides information about the changes in each component of accumulated other comprehensive income.



	Defined benefit plans			Foreign currency translation			Gains and losses on cash flow hedges			Total
Balance at January 1, 2016	$	(1,690	)	$	(1,446	)	$	(18	)	$	(3,154	)
Other comprehensive (loss) income before reclassifications	—			(125		)	15			(110		)
Amounts reclassified from accumulated other comprehensive income	23			—			6			29
Other comprehensive income	23			(125		)	21			(81		)
Balance at June 30, 2016	$	(1,667	)	$	(1,571	)	$	3		$	(3,235	)

Balance at January 1, 2017	$	(1,524	)	$	(1,879	)	$	3		$	(3,400	)
Other comprehensive income before reclassifications	—			207			18			225
Amounts reclassified from accumulated other comprehensive income	17			—			(10		)	7
Other comprehensive income	17			207			8			232
Balance at June 30, 2017	$	(1,507	)	$	(1,672	)	$	11		$	(3,168	)

The following table provides information about amounts reclassified from accumulated other comprehensive income.



	Three Months Ended						Six Months Ended
Details about accumulated other	June 30						June 30						Affected line item in the
comprehensive income components	2017			2016			2017			2016			statement of operations
(Gains) losses on cash flow hedges
Commodities	$	(11	)	$	3		$	(15	)	$	10		Cost of products sold
	(11		)	3			(15		)	10			Income before taxes
	4			(1		)	5			(3		)	Provision for income taxes
	$	(7	)	$	2		$	(10	)	$	7		Net income

Foreign exchange	$	(6	)	$	2		$	(3	)	$	4		Net sales
	4			(1		)	3			(5		)	Cost of products sold
	(2		)	1			—			(1		)	Income before taxes
	—			—			—			—			Provision for income taxes
	$	(2	)	$	1		$	—		$	(1	)	Net income

Total (gains) losses on cash flow hedges	$	(9	)	$	3		$	(10	)	$	6

Amortization of defined benefit plan items
Actuarial losses	$	25		$	27		$	49		$	56		(a)
Prior service credit	(13		)	(13		)	(26		)	(26		)	(a)
	12			14			23			30			Income before taxes
	(4		)	(3		)	(6		)	(7		)	Provision for income taxes
	$	8		$	11		$	17		$	23		Net income

Total reclassifications for the period	$	(1	)	$	14		$	7		$	29

(a) These accumulated other comprehensive income components are included in the computation of net periodic pension and postretirement cost. See Note M for further details.