ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Quarterly report pursuant to Section 13 or 15(d)

OTHER COMPREHENSIVE INCOME (LOSS)

v2.4.0.8
OTHER COMPREHENSIVE INCOME (LOSS)
 6 Months Ended
Jun. 30, 2014
OTHER COMPREHENSIVE INCOME (LOSS) Ìý
OTHER COMPREHENSIVE INCOME (LOSS)

12. OTHER COMPREHENSIVE INCOME (LOSS)

ÌýÌýÌýÌýÌýÌýÌýÌýThe components of other comprehensive income (loss) and changes in accumulated other comprehensive loss by component were as follows (dollars in millions):

ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ Corporation

Ìý
 Ìý Foreign
currency
translation
adjustment(a)		 Ìý Pension and
other
postretirement
benefits
adjustments,
net of tax(b)		 Ìý Other
comprehensive
income of
unconsolidated
affiliates		 Ìý Other,
net		 Ìý Total Ìý Amounts
attributable to
noncontrolling
interests		 Ìý Amounts
attributable to
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾
Corporation		 Ìý

Beginning balance, JanuaryÌý1, 2014

 Ìý $ 246 Ìý $ (851 ) $ 12 Ìý $ 8 Ìý $ (585 ) $ 8 Ìý $ (577 )

Other comprehensive income before reclassifications

 Ìý Ìý â€� Ìý Ìý â€� Ìý Ìý â€� Ìý Ìý â€� Ìý Ìý â€� Ìý Ìý 3 Ìý Ìý 3 Ìý

Amounts reclassified from accumulated other comprehensive loss(c)

 Ìý Ìý â€� Ìý Ìý 17 Ìý Ìý â€� Ìý Ìý 1 Ìý Ìý 18 Ìý Ìý â€� Ìý Ìý 18 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � � � � � � � � � � � � � �

Net current-period other comprehensive income

 Ìý Ìý â€� Ìý Ìý 17 Ìý Ìý â€� Ìý Ìý 1 Ìý Ìý 18 Ìý Ìý 3 Ìý Ìý 21 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � � � � � � � � � � � � � �

Ending balance, JuneÌý30, 2014

 Ìý $ 246 Ìý $ (834 ) $ 12 Ìý $ 9 Ìý $ (567 ) $ 11 Ìý $ (556 )
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � � � � � � � � � � � � � �
� � � � � � � � � � � � � � � � � � � � � � �
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
(a)
Amounts are net of tax of $15 and $13 as of JuneÌý30, 2014 and JanuaryÌý1, 2014, respectively.

(b)
Amounts are net of tax of $77 and $83 as of JuneÌý30, 2014 and JanuaryÌý1, 2014, respectively.

(c)
See table below for details about these reclassifications.

Ìý
 Ìý Foreign
currency
translation
adjustment(a)		 Ìý Pension and
other
postretirement
benefits
adjustments, net
of tax(b)		 Ìý Other
comprehensive
income of
unconsolidated affiliates		 Ìý Other,
net		 Ìý Total Ìý Amounts
attributable to
noncontrolling
interests		 Ìý Amounts
attributable to
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾
Corporation		 Ìý

Beginning balance, JanuaryÌý1, 2013

 Ìý $ 269 Ìý $ (1,036 ) $ 7 Ìý $ 3 Ìý $ (757 ) $ 13 Ìý $ (744 )

Other comprehensive (loss) income before reclassificationsÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌý

 Ìý Ìý (97 ) Ìý 22 Ìý Ìý â€� Ìý Ìý 2 Ìý Ìý (73 ) Ìý 3 Ìý Ìý (70 )

Amounts reclassified from accumulated other comprehensive loss(c)

 Ìý Ìý â€� Ìý Ìý 28 Ìý Ìý â€� Ìý Ìý â€� Ìý Ìý 28 Ìý Ìý â€� Ìý Ìý 28 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � � � � � � � � � � � � � �

Net current-period other comprehensive income

 Ìý Ìý (97 ) Ìý 50 Ìý Ìý â€� Ìý Ìý 2 Ìý Ìý (45 ) Ìý 3 Ìý Ìý (42 )
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � � � � � � � � � � � � � �

Ending balance, June, 30 2013

 Ìý $ 172 Ìý $ (986 ) $ 7 Ìý $ 5 Ìý $ (802 ) $ 16 Ìý $ (786 )
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � � � � � � � � � � � � � �
� � � � � � � � � � � � � � � � � � � � � � �
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
(a)
Amounts are net of tax of $21 and $20 as of JuneÌý30, 2013 and JanuaryÌý1, 2013, respectively.

(b)
Amounts are net of tax of $182 and $197 as of JuneÌý30, 2013 and JanuaryÌý1, 2013, respectively.

(c)
See table below for details about these reclassifications.


Ìý

Ìý
 Ìý Three months
ended JuneÌý30, 2014		 Ìý Six months
ended JuneÌý30, 2014		 Ìý Ìý
Ìý
 Ìý Affected line item in
the statement where
net income is
presented
Details about Accumulated Other
Comprehensive Loss Components:
Ìý Amounts reclassified
from accumulated other
comprehensive loss		 Ìý Amounts reclassified
from accumulated other
comprehensive loss

Amortization of pension and other postretirement benefits:

 Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Prior service credit

 Ìý $ (3 ) $ (5 ) (a)(b)

Actuarial loss

 Ìý Ìý 14 Ìý Ìý 27 Ìý (a)(b)(c)

Settlement loss

 Ìý Ìý â€� Ìý Ìý 1 Ìý (a)(b)
Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � �

Ìý

 Ìý Ìý 11 Ìý Ìý 23 Ìý Total before tax

Ìý

 Ìý Ìý (3 ) Ìý (6 ) Income tax expense
Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � �

Total reclassifications for the period

 Ìý $ 8 Ìý $ 17 Ìý Net of tax
Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � �
� � � � � � � � �
Ìý Ìý Ìý Ìý Ìý Ìý Ìý


Ìý

Ìý
 Ìý Three months
ended JuneÌý30, 2013		 Ìý Six months
ended JuneÌý30, 2013		 Ìý Ìý
Ìý
 Ìý Affected line item in
the statement where
net income is
presented
Details about Accumulated Other
Comprehensive Loss Components:
Ìý Amounts reclassified
from accumulated other
comprehensive loss		 Ìý Amounts reclassified
from accumulated other
comprehensive loss

Amortization of pension and other postretirement benefits:

 Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Prior service credit

 Ìý $ (2 ) $ (4 ) (a)(b)

Actuarial loss

 Ìý Ìý 21 Ìý Ìý 41 Ìý (a)(b)(c)
Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � �

Ìý

 Ìý Ìý 19 Ìý Ìý 37 Ìý Total before tax

Ìý

 Ìý Ìý (5 ) Ìý (9 ) Income tax expense
Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � �

Total reclassifications for the period

 Ìý $ 14 Ìý $ 28 Ìý Net of tax
Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � �
� � � � � � � � �
Ìý Ìý Ìý Ìý Ìý Ìý Ìý
(a)
Amounts in parentheses indicate credits on our condensed consolidated statements of operations (unaudited).

(b)
These accumulated other comprehensive loss components are included in the computation of net periodic pension costs. See "NoteÌý10. Employee Benefit Plans."

(c)
Amounts contain approximately $1Ìýmillion and $3Ìýmillion of actuarial losses related to discontinued operations for each of the three months ended JuneÌý30, 2014 and 2013, respectively, and $2 and $4Ìýmillion for the six months ended JuneÌý30, 2014 and 2013, respectively.

ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International

Ìý
 Ìý Foreign
currency
translation
adjustment(a)		 Ìý Pension and
other
postretirement
benefits
adjustments,
net of tax(b)		 Ìý Other
comprehensive
income (loss) of
unconsolidated
affiliates		 Ìý Other, net Ìý Total Ìý Amounts
attributable to
noncontrolling
interests		 Ìý Amounts
attributable to
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾
International		 Ìý

Beginning balance, JanuaryÌý1, 2014

 Ìý $ 243 Ìý $ (883 ) $ 12 Ìý $ 2 Ìý $ (626 ) $ 8 Ìý $ (618 )
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � � � � � � � � � � � � � �

Other comprehensive income before reclassifications

 Ìý Ìý â€� Ìý Ìý â€� Ìý Ìý â€� Ìý Ìý â€� Ìý Ìý â€� Ìý Ìý 3 Ìý Ìý 3 Ìý

Amounts reclassified from accumulated other comprehensive loss(c)

 Ìý Ìý â€� Ìý Ìý 20 Ìý Ìý â€� Ìý Ìý 1 Ìý Ìý 21 Ìý Ìý â€� Ìý Ìý 21 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � � � � � � � � � � � � � �

Net current-period other comprehensive income

 Ìý Ìý â€� Ìý Ìý 20 Ìý Ìý â€� Ìý Ìý 1 Ìý Ìý 21 Ìý Ìý 3 Ìý Ìý 24 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � � � � � � � � � � � � � �

Ending balance, JuneÌý30, 2014

 Ìý $ 243 Ìý $ (863 ) $ 12 Ìý $ 3 Ìý $ (605 ) $ 11 Ìý $ (594 )
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � � � � � � � � � � � � � �
� � � � � � � � � � � � � � � � � � � � � � �
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
(a)
Amounts are net of tax of $2 and nil as of JuneÌý30, 2014 and JanuaryÌý1, 2014, respectively.

(b)
Amounts are net of tax of $106 and $113 as of JuneÌý30, 2014 and JanuaryÌý1, 2014, respectively.

(c)
See table below for details about these reclassifications.

Ìý
 Ìý Foreign
currency
translation
adjustment(a)		 Ìý Pension and
other
postretirement
benefits
adjustments,
net of tax(b)		 Ìý Other
comprehensive
income of
unconsolidated
affiliates		 Ìý Other,
net		 Ìý Total Ìý Amounts
attributable to
noncontrolling
interests		 Ìý Amounts
attributable to
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾
International		 Ìý

Beginning balance, JanuaryÌý1, 2013

 Ìý $ 268 Ìý $ (1,076 ) $ 7 Ìý $ (3 ) $ (804 ) $ 13 Ìý $ (791 )
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � � � � � � � � � � � � � �

Other comprehensive income before reclassifications

 Ìý Ìý (97 ) Ìý 22 Ìý Ìý â€� Ìý Ìý 3 Ìý Ìý (72 ) Ìý 3 Ìý Ìý (69 )

Amounts reclassified from accumulated other comprehensive loss(c)

 Ìý Ìý â€� Ìý Ìý 30 Ìý Ìý â€� Ìý Ìý â€� Ìý Ìý 30 Ìý Ìý â€� Ìý Ìý 30 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � � � � � � � � � � � � � �

Net current-period other comprehensive (loss) income

 Ìý Ìý (97 ) Ìý 52 Ìý Ìý â€� Ìý Ìý 3 Ìý Ìý (42 ) Ìý 3 Ìý Ìý (39 )
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � � � � � � � � � � � � � �

Ending balance, JuneÌý30, 2013

 Ìý $ 171 Ìý $ (1,024 ) $ 7 Ìý $ â€� Ìý $ (846 ) $ 16 Ìý $ (830 )
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � � � � � � � � � � � � � �
� � � � � � � � � � � � � � � � � � � � � � �
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
(a)
Amounts are net of tax of $8 and $7 as of JuneÌý30, 2013 and JanuaryÌý1, 2013, respectively.

(b)
Amounts are net of tax of $213 and $228 as of JuneÌý30, 2013 and JanuaryÌý1, 2013, respectively.

(c)
See table below for details about these reclassifications.

Ìý
 Ìý Three months
ended JuneÌý30, 2014		 Ìý Six months
ended JuneÌý30, 2014		 Ìý Ìý
Ìý
 Ìý Affected line item in
the statement where
net income is
presented
Details about Accumulated Other
Comprehensive Loss Components:
Ìý Amounts reclassified
from accumulated other
comprehensive loss		 Ìý Amounts reclassified
from accumulated other
comprehensive loss

Amortization of pension and other postretirement benefits:

 Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Prior service credit

 Ìý $ (3 ) $ (5 ) (a)(b)

Actuarial loss

 Ìý Ìý 16 Ìý Ìý 31 Ìý (a)(b)(c)

Settlement loss

 Ìý Ìý â€� Ìý Ìý 1 Ìý (a)(b)
Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � �

Ìý

 Ìý Ìý 13 Ìý Ìý 27 Ìý Total before tax

Ìý

 Ìý Ìý (3 ) Ìý (7 ) Income tax expense
Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � �

Total reclassifications for the period

 Ìý $ 10 Ìý $ 20 Ìý Net of tax
Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � �
� � � � � � � � �
Ìý Ìý Ìý Ìý Ìý Ìý Ìý


Ìý

Ìý
 Ìý Three months ended
JuneÌý30, 2013		 Ìý Six months ended
JuneÌý30, 2013		 Ìý Ìý
Ìý
 Ìý Affected line item in
the statement where
net income is
presented
Details about Accumulated Other Comprehensive Loss Components:
Ìý Amounts reclassified
from accumulated other
comprehensive loss		 Ìý Amounts reclassified
from accumulated other
comprehensive loss

Amortization of pension and other postretirement benefits:

 Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Prior service credit

 Ìý $ (2 ) $ (4 ) (a)(b)

Actuarial loss

 Ìý Ìý 22 Ìý Ìý 43 Ìý (a)(b)(c)
Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � �

Ìý

 Ìý Ìý 20 Ìý Ìý 39 Ìý Total before tax

Ìý

 Ìý Ìý (4 ) Ìý (9 ) Income tax expense
Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � �

Total reclassifications for the period

 Ìý $ 16 Ìý $ 30 Ìý Net of tax
Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � �
� � � � � � � � �
Ìý Ìý Ìý Ìý Ìý Ìý Ìý
(a)
Amounts in parentheses indicate credits on our condensed consolidated statements of operations (unaudited).

(b)
These accumulated other comprehensive loss components are included in the computation of net periodic pension costs. See "NoteÌý10. Employee Benefit Plans."

(c)
Amounts contain approximately $1Ìýmillion and $3Ìýmillion of actuarial losses related to discontinued operations for each of the three months ended JuneÌý30, 2014 and 2013, respectively, and $2 and $4Ìýmillion for the six months ended JuneÌý30, 2014 and 2013, respectively.