Honeywell 2009 Annual Report Download - page 112

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HONEYWELL INTERNATIONAL INC.
NOTES TO FINANCIAL STATEMENTS—(Continued)
(Dollars in millions, except per share amounts)
Note 19—Accumulated Other Comprehensive Income (Loss)
Total accumulated other comprehensive income (loss) is included in the Consolidated Statement of
Shareowners' Equity. Comprehensive Income (Loss) attributable to non-controlling interest consisted
predominantly of net income. The changes in Accumulated Other Comprehensive Income (Loss) are as follows:
Pretax Tax After Tax
Year Ended December 31, 2009
Foreign exchange translation adjustment $ 259 $ 259
Pensions and other post retirement benefit adjustments (1,573) $ 552 (1,021)
Changes in fair value of available for sale investments(1) 112 112
Changes in fair value of effective cash flow hedges 38 (8) 30
$ (1,164) $ 544 $ (620)
Year Ended December 31, 2008
Foreign exchange translation adjustment $ (614) $ (614)
Pensions and other post retirement benefit adjustments (4,159) $ 1,583 (2,576)
Changes in fair value of available for sale investments (51) (51)
Changes in fair value of effective cash flow hedges (40) 16 (24)
$ (4,864) $
1,599 $ (3,265)
Year Ended December 31, 2007
Foreign exchange translation adjustment $ 248 $ 248
Pensions and other post retirement benefit adjustments 803 $ (285) 518
Changes in fair value of effective cash flow hedges (5) 2 (3)
$ 1,046 $ (283) $ 763
(1) includes reclassification adjustment for losses included in net income
Components of Accumulated Other Comprehensive Income (Loss)
December 31,
2009 2008
Cumulative foreign exchange translation adjustment $ 468 $ 209
Pensions and other post retirement benefit adjustments (4,966) (3,945)
Change in fair value of available for sale investments 61 (51)
Change in fair value of effective cash flow hedges 8 (22)
$ (4,429) $ (3,809)
Note 20—Stock-Based Compensation Plans