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Accumulated other comprehensive loss (Tables)
6 Months Ended
Jun. 30, 2019
Accumulated Other Comprehensive Income/(Loss) (Net of Tax)
The components of, and changes within, accumulated other comprehensive losses attributable to Teva are presented in the table below:
 
Net Unrealized Gains (Losses)
   
Benefit Plans
   
   
 
Foreign
currency
translation
adjustments
   
Available-for-
sale securities
   
Derivative
financial
instruments
   
Actuarial
gains (losses)
and prior
service
(costs) credits
   
Total
 
 
(U.S. $ in millions)
 
Balance as of December 31, 2017*
  $
(1,316
)   $
1
    $
(442
)   $
(91
)   $
(1,848
)
Other comprehensive income (loss) before reclassifications
   
(495
)    
—  
     
42
     
—  
     
(453
)
Amounts reclassified to the statements of income
   
—  
     
(1
   
14
     
1
     
14
 
                                         
Net other comprehensive income (loss) before tax
   
(495
)    
(1
)    
56
     
1
     
(439
)
Corresponding income tax
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
(2
)
 
 
(2
)
Net other comprehensive income (loss) after tax**
   
(495
)    
(1
)    
56
     
  (1
   
(441
)
                                         
Balance as of June 30, 2018
  $
(1,811
)   $
—  
    $
(386
)   $
(92
)   $
(2,289
)
                                         
 
* Following the adoption of ASU
2016-01,
the Company recorded a $
million opening balance reclassification from accumulated other comprehensive income to retained earnings.
** Amounts do not include a $
23
 million gain from foreign currency translation adjustments attributable to
non-controlling
interests.
 
Net Unrealized Gains (Losses)
   
Benefit Plans
   
   
 
Foreign
currency
translation
adjustments
   
Available-for-
sale securities
   
Derivative
financial
instruments
   
Actuarial
gains (losses)
and prior
service
(costs) credits
   
Total
 
 
(U.S. $ in millions)
 
Balance as of December 31, 2018
  $
(2,055
)   $
1
    $
(327
)   $
(78
)   $
(2,459
)
                                         
Other comprehensive income (loss) before reclassifications
   
111
     
—  
     
22
     
—  
     
133
 
Amounts reclassified to the statements of income
   
—  
     
—  
     
15
     
—  
     
15
 
                                         
Net other comprehensive income (loss) before tax
   
111
     
—  
     
37
     
—  
     
148
 
Corresponding income tax
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
(1
)
 
 
(1
)
                                         
Net other comprehensive income (loss) after tax*
   
111
     
—  
     
37
     
(1
)    
147
 
                                         
Balance as of June 30, 2019
  $
(1,944
)   $
1
    $
(290
)   $
(79
)   $
(2,312
)
                                         
 
* Amounts do not include a $
24
 million gain from foreign currency translation adjustments attributable to
non-controlling
interests.