AT&T Wireless 2013 Annual Report Download - page 49

AT&T Inc. | 47
NOTE 3. OTHER COMPREHENSIVE INCOME
Changes in the balances of each component included in accumulated OCI for the year ended December 31, 2013, are
presented below. All amounts are net of tax and exclude noncontrolling interest.
Foreign Net Unrealized Net Unrealized Defined Accumulated
Currency Gains (Losses) on Gains (Losses) Benefit Other
Translation Available-for- on Cash Flow Postretirement Comprehensive
Adjustment5 Sale Securities5 Hedges5 Plans5 Income5
Balance as of December 31, 2012 $ (284) $ 272 $(110) $ 5,358 $ 5,236
Other comprehensive income (loss)
before reclassifications (138) 257 525 2,765 3,409
Amounts reclassified from accumulated OCI 551 (79)2 303 (771)4 (765)
Net other comprehensive income (loss) (83) 178 555 1,994 2,644
Balance as of December 31, 2013 $(367) $450 $ 445 $7,352 $7,880
1 Pre-tax translation loss reclassifications are included in Other income (expense) – net in the consolidated statements of income.
2 Realized gains are included in Other income (expense) – net in the consolidated statements of income.
3 Realized (gains) losses are included in interest expense in the consolidated statements of income. See Note 10 for additional information.
4 The amortization of prior service credits associated with postretirement benefits, net of amounts capitalized as part of construction labor, are included in Cost of services
and sales and Selling, general and administrative in the consolidated statements of income (see Note 12). Actuarial loss reclassifications related to our equity method
investees are included in Other income (expense) – net in the consolidated statements of income.
5 The balance at December 31, 2011 for each component of accumulated OCI, respectively, was $(371), $222, $(421), and $3,750, for a total of $3,180.
The Wireless segment uses our nationwide network to
provide consumer and business customers with wireless
data and voice communications services. This segment
includes our portion of the results from our mobile
payment joint venture marketed as the Isis Mobile
WalletTM (ISIS), which is accounted for as an equity
method investment.
The Wireline segment uses our regional, national and
global network to provide consumer and business
customers with data and voice communications services,
AT&T U-verse® high-speed broadband, video and voice
services and managed networking to business customers.
The Other segment includes our portion of the results
from equity method investments in América Móvil,
S.A. de C.V. (América Móvil), and YP Holdings LLC
(YP Holdings), and costs to support corporate-driven
activities and operations. Also included in the Other
segment are impacts of corporate-wide decisions for
which the individual operating segments are not being
evaluated, including interest costs and expected return
on plan assets for our pension and postretirement
benefit plans.
NOTE 4. SEGMENT INFORMATION
Our segments are strategic business units that offer
different products and services over various technology
platforms and are managed accordingly. We analyze our
operating segments based on segment income before
income taxes. We make our capital allocation decisions
based on the strategic needs of the business, needs
of the network (wireless or wireline) providing services
and demands to provide emerging services to our
customers. Actuarial gains and losses from pension
and other postretirement benefits, interest expense
and other income (expense) – net, are managed only
on a total company basis and are, accordingly, reflected
only in consolidated results. Therefore, these items are
not included in each reportable segment’s results.
The customers and long-lived assets of our reportable
segments are predominantly in the United States.
We have three reportable segments: (1) Wireless, (2)
Wireline and (3) Other. Our operating results prior to
May 9, 2012, also included our sold Advertising
Solutions segment.