In millions | Change in pensions and other postretirement defined benefit plans | Foreign currency translation adjustment | Unrealized gain (loss) on marketable securities | Unrealized gain (loss) on derivatives | Total attributable to Cummins Inc. | Noncontrolling interests | Total | |||||||||||||||||||||
Balance at December 31, 2010 | $ | (646 | ) | $ | (90 | ) | $ | 4 | $ | 12 | $ | (720 | ) | |||||||||||||||
Other comprehensive income before reclassifications | ||||||||||||||||||||||||||||
Before tax amount | (155 | ) | (121 | ) | 3 | (26 | ) | (299 | ) | $ | (39 | ) | $ | (338 | ) | |||||||||||||
Tax (provision) benefit | 46 | 13 | — | 11 | 70 | — | 70 | |||||||||||||||||||||
After tax amount | (109 | ) | (108 | ) | 3 | (15 | ) | (229 | ) | (39 | ) | (268 | ) | |||||||||||||||
Amounts reclassified from accumulated other comprehensive income(1) | 31 | — | (3 | ) | (17 | ) | 11 | 1 | 12 | |||||||||||||||||||
Net current period other comprehensive income (loss) | (78 | ) | (108 | ) | — | (32 | ) | (218 | ) | $ | (38 | ) | $ | (256 | ) | |||||||||||||
Balance at December 31, 2011 | $ | (724 | ) | $ | (198 | ) | $ | 4 | $ | (20 | ) | $ | (938 | ) | ||||||||||||||
Other comprehensive income before reclassifications | ||||||||||||||||||||||||||||
Before tax amount | $ | (164 | ) | $ | 51 | $ | 6 | $ | 16 | $ | (91 | ) | $ | (8 | ) | $ | (99 | ) | ||||||||||
Tax (provision) benefit | 54 | (14 | ) | (2 | ) | (4 | ) | 34 | — | 34 | ||||||||||||||||||
After tax amount | (110 | ) | 37 | 4 | 12 | (57 | ) | (8 | ) | (65 | ) | |||||||||||||||||
Amounts reclassified from accumulated other comprehensive income(1) | 40 | — | (3 | ) | 8 | 45 | 1 | 46 | ||||||||||||||||||||
Net current period other comprehensive income (loss) | (70 | ) | 37 | 1 | 20 | (12 | ) | $ | (7 | ) | $ | (19 | ) | |||||||||||||||
Balance at December 31, 2012 | $ | (794 | ) | $ | (161 | ) | $ | 5 | $ | — | $ | (950 | ) | |||||||||||||||
Other comprehensive income before reclassifications | ||||||||||||||||||||||||||||
Before tax amount | 206 | (31 | ) | 16 | (6 | ) | 185 | $ | (28 | ) | $ | 157 | ||||||||||||||||
Tax (provision) benefit | (87 | ) | 13 | (9 | ) | 3 | (80 | ) | — | (80 | ) | |||||||||||||||||
After tax amount | 119 | (18 | ) | 7 | (3 | ) | 105 | (28 | ) | 77 | ||||||||||||||||||
Amounts reclassified from accumulated other comprehensive income(1)(2) | 64 | — | (5 | ) | 2 | 61 | (1 | ) | 60 | |||||||||||||||||||
Net current period other comprehensive income (loss) | 183 | (18 | ) | 2 | (1 | ) | 166 | $ | (29 | ) | $ | 137 | ||||||||||||||||
Balance at December 31, 2013 | $ | (611 | ) | $ | (179 | ) | $ | 7 | $ | (1 | ) | $ | (784 | ) |
In millions | For the year ended, | |||||
(Gain)/Loss Components | December 31, 2013 | Statement of Income Location | ||||
Realized (gain) loss on marketable securities | $ | (13 | ) | Other income (expense), net | ||
Income tax expense | 7 | Income tax expense | ||||
Net realized (gain) loss on marketable securities | (6 | ) | ||||
Realized (gain) loss on derivatives | ||||||
Foreign currency forward contracts | 2 | Net sales | ||||
Commodity swap contracts | 1 | Cost of sales | ||||
Total before taxes | 3 | |||||
Income tax expense | (1 | ) | Income tax expense | |||
Net realized (gain) loss on derivatives | 2 | |||||
Change in pension and other postretirement defined benefit plans | ||||||
Recognized actuarial loss | 95 | (1) | ||||
Total before taxes | 95 | |||||
Income tax expense | (31 | ) | Income tax expense | |||
Net change in pensions and other postretirement defined benefit plans | 64 | |||||
Total reclassifications for the period | $ | 60 |