E-Z-GO 2014 Annual Report Download - page 67

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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
2014
Pension and postretirement benefits adjustments:
Unrealized losses
$ (734)
$ 252
$ (482)
Amortization of net actuarial loss*
114
(40)
74
Amortization of prior service credit*
(8)
4
(4)
Recognition of prior service cost
18
(7)
11
Pension and postretirement benefits adjustments, net
(610)
209
(401)
Deferred gains/losses on hedge contracts:
Current deferrals
(16)
4
(12)
Reclassification adjustments
12
(3)
9
Deferred gains/losses on hedge contracts, net
(4)
1
(3)
Foreign currency translation adjustments
(71)
(4)
(75)
Total
$ (685)
$ 206
$ (479)
2013
Pension and postretirement benefits adjustments:
Unrealized gains
$ 1,019
$ (410)
$ 609
Amortization of net actuarial loss*
189
(67)
122
Amortization of prior service credit*
(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)
*These components of other comprehensive income are included in the computation of net periodic pension cost. See Note 11 for
additional information.
61
Textron Inc. Annual Report • 2014