Valero 2015 Annual Report Download - page 93

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Table of Contents
VALERO ENERGY CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

On January 21, 2016, our board of directors declared a quarterly cash dividend of $0.60 per common share payable March 3, 2016 to
holders of record at the close of business on February 9, 2016.

The tax effects allocated to each component of other comprehensive income (loss) were as follows (in millions):
Before-Tax
Amount
Tax Expense
(Benefit)
Net Amount
Year Ended December 31, 2015:
Foreign currency translation adjustment $ (606)
$ —
$ (606)
Pension and other postretirement benefits:
Gain (loss) arising during the year related to:
Net actuarial gain 50
15
35
Prior service cost (22)
(8)
(14)
Amounts reclassified into income related to:
Net actuarial loss 62
22
40
Prior service credit (40)
(14)
(26)
Curtailment and settlement 7
2
5
Net gain on pension and other
postretirement benefits 57
17
40
Other comprehensive loss $ (549)
$ 17
$ (566)
87