Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income (Loss) (Tables)

v2.4.0.6
Accumulated Other Comprehensive Income (Loss) (Tables)
9 Months Ended
Sep. 30, 2012
Equity [Abstract]  
Accumulated OCI
The table below presents the changes in accumulated OCI after-tax for the nine months ended September 30, 2012 and 2011.

(Dollars in millions)
Available-for-sale Debt Securities
 
Available-for-sale
Marketable
Equity Securities
 
Derivatives
 
Employee
Benefit Plans
 
Foreign
Currency (1)
 
Total
Balance, December 31, 2010
$
714

 
$
6,659

 
$
(3,236
)
 
$
(3,947
)
 
$
(256
)
 
$
(66
)
Net change
3,571

 
(4,975
)
 
(830
)
 
204

 
25

 
(2,005
)
Balance, September 30, 2011
$
4,285

 
$
1,684

 
$
(4,066
)
 
$
(3,743
)
 
$
(231
)
 
$
(2,071
)
 
 
 
 
 
 
 
 
 
 
 
 
Balance, December 31, 2011
$
3,100

 
$
3

 
$
(3,785
)
 
$
(4,391
)
 
$
(364
)
 
$
(5,437
)
Net change (2)
2,645

 
326

 
535

 
1,106

 
14

 
4,626

Balance, September 30, 2012
$
5,745

 
$
329

 
$
(3,250
)
 
$
(3,285
)
 
$
(350
)
 
$
(811
)
(1) 
Net change in fair value represents the impact of changes in spot foreign exchange rates on the Corporation’s net investment in non-U.S. operations and related hedges.
(2) 
As a result of freezing the Qualified Pension Plans, a curtailment was triggered and a remeasurement of the qualified pension obligations and plan assets occurred as of January 24, 2012 resulting in the current period net change. For more information, see Note 14 – Pension, Postretirement and Certain Compensation Plans.

The table below presents the before- and after-tax changes in accumulated OCI for the nine months ended September 30, 2012 and 2011