Kimberly-Clark 2008 Annual Report Download - page 85

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KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Accumulated Other Comprehensive Income (Loss)
The changes in the components of accumulated other comprehensive income (loss) are as follows:
Year Ended December 31
2008 2007 2006
Pretax
Amount
Tax
Effect
Net
Amount
Pretax
Amount
Tax
Effect
Net
Amount
Pretax
Amount
Tax
Effect
Net
Amount
(Millions of dollars)
Unrealized translation ....... $ (900) $— $ (900) $365 $ — $365 $ 440 $ — $ 440
Minimum pension liability . . . n/a n/a n/a n/a n/a n/a 331 (128) 203
Unrecognized net actuarial
loss and transition amount:
Pension benefits ....... (1,141) 429 (712) 325 (107) 218 n/a n/a n/a
Other postretirement
benefits ............ 61 (46) 15 20 20 40 n/a n/a n/a
Unrecognized prior service
cost:
Pension benefits ....... 12 (3) 9 11 (4) 7 n/a n/a n/a
Other postretirement
benefits ............ 2 (1) 1 2 (1) 1 n/a n/a n/a
Deferred (losses) gains on
cash flow hedges ......... 6 (8) (2) 6 4 10 (16) 5 (11)
Unrealized holding gains
(losses) on securities ...... (7) 1 (6) ——— ———
Other comprehensive
income (loss) ............ $(1,967) $372 $(1,595) $729 $ (88) $641 $ 755 $(123) $ 632
Adoption of SFAS 158(a) ..... n/a n/a n/a n/a n/a n/a (618) 223 (395)
Change in accumulated other
comprehensive
income (loss) ............ $(1,967) $372 $(1,595) $729 $ (88) $641 $ 137 $ 100 $ 237
n/a – not applicable
(a) Set forth below is detailed information concerning the adoption of SFAS 158:
Year Ended
December 31, 2006
Pretax
Amount
Tax
Effect
Net
Amount
(Millions of dollars)
Reversal of minimum pension liability ..................................... $1,055 $(370) $ 685
Unrecognized net actuarial loss and transition amount:
Pension benefits ................................................... (1,446) 508 (938)
Other postretirement benefits ......................................... (149) 56 (93)
Unrecognized prior service cost:
Pension benefits ................................................... (53) 19 (34)
Other postretirement benefits ......................................... (25) 10 (15)
Adoption of SFAS 158 .................................................. $ (618) $ 223 $(395)
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