Phillips 66 | 2013 | FY | 3


Accumulated Other Comprehensive Income (Loss)

Changes in the balances of each component of accumulated other comprehensive income (loss) were as follows:

 
Millions of Dollars
 
Defined
Benefit
Plans

 
Foreign
Currency
Translation

 
Hedging

 
Accumulated
Other
Comprehensive
Income (Loss)

 
 
 
 
 
 
 
 
December 31, 2010
$
(116
)
 
334

 
(4
)
 
214

Other comprehensive income (loss)
(29
)
 
(64
)
 
1

 
(92
)
December 31, 2011
(145
)
 
270

 
(3
)
 
122

Other comprehensive income (loss)
(93
)
 
196

 
1

 
104

Net transfer from ConocoPhillips*
(540
)
 

 

 
(540
)
December 31, 2012
(778
)
 
466

 
(2
)
 
(314
)
Other comprehensive income (loss) before reclassifications
312

 
(44
)
 

 
268

Amounts reclassified from accumulated other comprehensive income (loss)
 
 
 
 
 
 


Foreign currency translation**

 
21

 

 
21

Amortization of defined benefit plan items***
 
 
 
 
 
 


Actuarial losses
62

 

 

 
62

Net current period other comprehensive income (loss)
374

 
(23
)
 

 
351

December 31, 2013
$
(404
)
 
443

 
(2
)
 
37

*See Consolidated Statement of Changes in Equity.
**Included in the deferred gain on the sale of ICHP. See Note 5—Assets Held for Sale or Sold, for additional information.
***Included in the computation of net periodic benefit cost. See Note 19—Employee Benefit Plans, for additional information.

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