Intel 2014 Annual Report Download - page 107

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INTEL CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
The amounts reclassified out of accumulated other comprehensive income (loss) into the consolidated statements of income, with
presentation location, for each period were as follows:
Income Before Taxes Impact
(In Millions)
Comprehensive Income Components 2014 2013 2012 Location
Unrealized holding gains (losses) on
available-for-sale investments:
$10$ 8 $ (8) Interest and other, net
132 138 195 Gains (losses) on equity investments, net
142 146 187
Unrealized holding gains (losses) on
derivatives:
Currency forwards .................. (31) (61) 11 Cost of sales
18 30 (63) Research and development
2— (25) Marketing, general and administrative
Other instruments ................... (2) 1 (1) Cost of sales
(13) (30) (78)
Amortization of pension and postretirement
benefit components:
Prior service credits (costs) ........... (6) (4) (5)
Actuarial gains (losses) ............... (37) (101) (90)
(43) (105) (95)
Total amounts reclassified out of
accumulated other comprehensive
income (loss) ...................... $86$11$14
The amortization of pension and postretirement benefit components are included in the computation of net periodic benefit cost.
For further information, see “Note 16: Retirement Benefit Plans.” The estimated net prior service credits (costs) and net actuarial
gains (losses) for the defined-benefit plans that will be amortized from accumulated other comprehensive income (loss) into net
periodic benefit cost during 2015 are $8 million and $57 million, respectively.
We estimate that we will reclassify approximately $336 million (before taxes) of net derivative losses included in accumulated
other comprehensive income (loss) into earnings within the next 12 months.
Note 25: Contingencies
Legal Proceedings
We are a party to various legal proceedings, including those noted in this section. Although management at present believes that
the ultimate outcome of these proceedings, individually and in the aggregate, will not materially harm our financial position, results
of operations, cash flows, or overall trends, legal proceedings and related government investigations are subject to inherent
uncertainties, and unfavorable rulings or other events could occur. Unfavorable resolutions could include substantial monetary
damages. In addition, in matters for which injunctive relief or other conduct remedies are sought, unfavorable resolutions could
include an injunction or other order prohibiting us from selling one or more products at all or in particular ways, precluding
particular business practices, or requiring other remedies. An unfavorable outcome may result in a material adverse impact on our
business, results of operations, financial position, and overall trends. We might also conclude that settling one or more such
matters is in the best interests of our stockholders, employees, and customers, and any such settlement could include substantial
payments. Except as specifically described below, we have not concluded that settlement of any of the legal proceedings noted in
this section is appropriate at this time.
102