E-Z-GO 2013 Annual Report Download - page 77

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64Textron Inc. Annual Report • 2013
Other Comprehensive Income (Loss)
The before and after-tax components of other comprehensive income (loss) are presented below:
(In millions)
Pre-Tax
Amount
Tax
(Expense)
Benefit
After-Tax
Amount
2013
Pension and postretirement benefits adjustments:
Unrealized gains $ 1,019 $ (410) $ 609
Amortization of net actuarial loss* 189 (67) 122
Amortization of prior service cost* (2) 1 (1)
Recognition of prior service cost 29 (12) 17
Pension and postretirement benefits adjustments, net 1,235 (488) 747
Deferred gains/losses on hedge contracts:
Current deferrals (20) 5 (15)
Reclassification adjustments (1) — (1)
Deferred gains/losses on hedge contracts, net (21) 5 (16)
Foreign currency translation adjustments 13 (1) 12
Total $ 1,227 $ (484) $ 743
2012
Pension and postretirement benefits adjustments:
Unrealized losses $ (417) $ 186 $ (231)
Amortization of net actuarial loss* 124 (43) 81
Amortization of prior service cost* 5 (2) 3
Recognition of prior service cost 2 (1) 1
Pension and postretirement benefits adjustments, net (286) 140 (146)
Deferred gains/losses on hedge contracts:
Current deferrals 14 (3) 11
Reclassification adjustments (15) 3 (12)
Deferred gains/losses on hedge contracts, net (1) — (1)
Foreign currency translation adjustments (6) 8 2
Total $ (293) $ 148 $ (145)
2011
Pension and postretirement benefits adjustments:
Unrealized losses $ (542) $ 182 $ (360)
Amortization of net actuarial loss * 89 (30) 59
Amortization of prior service cost* 8 (3) 5
Recognition of prior service cost 15 (5) 10
Pension and postretirement benefits adjustments, net (430) 144 (286)
Deferred gains on hedge contracts
Current deferrals (7) 2 (5)
Reclassification adjustments (22) 7 (15)
Deferred gains/losses on hedge contracts, net (29) 9 (20)
Foreign currency translation adjustments (1) (2) (3)
Total $ (460) $ 151 $ (309)
*These components of other comprehensive income are included in the computation of net periodic pension cost. See Note 11 for additional
information.