Foreign Currency Translation Adjustment (1) | Gains (Losses) on Cash Flow Hedges (2) | Pension and Postretirement Benefit Plan Adjustments (3) | Total Accumulated Comprehensive Income (Loss) | |||||||||||||
Balance at July 31, 2011 | $ | 396 | $ | (20 | ) | $ | (803 | ) | $ | (427 | ) | |||||
Other comprehensive income (loss) before reclassifications | (135 | ) | 10 | (277 | ) | $ | (402 | ) | ||||||||
Amounts reclassified from accumulated other comprehensive income | — | — | 53 | $ | 53 | |||||||||||
Net current-period other comprehensive income | (135 | ) | 10 | (224 | ) | $ | (349 | ) | ||||||||
Balance at July 29, 2012 | $ | 261 | $ | (10 | ) | $ | (1,027 | ) | $ | (776 | ) | |||||
Other comprehensive income (loss) before reclassifications | $ | (91 | ) | 12 | 219 | 140 | ||||||||||
Amounts reclassified from accumulated other comprehensive income | — | 3 | 68 | 71 | ||||||||||||
Net current-period other comprehensive income | (91 | ) | 15 | 287 | 211 | |||||||||||
Balance at July 28, 2013 | $ | 170 | $ | 5 | $ | (740 | ) | $ | (565 | ) | ||||||
(1) | Included a tax expense of $9 as of July 28, 2013, $12 as of July 29, 2012, and $4 as of July 31, 2011. Amounts related to noncontrolling interests were not material. |
(2) | Included a tax expense of $3 as of July 28, 2013, and a tax benefit of $6 as of July 29, 2012 and $11 as of July 31, 2011. |
(3) | Included a tax benefit of $424 as of July 28, 2013, $581 as of July 29, 2012, and $459 as of July 31, 2011. |
Details about Accumulated Other Comprehensive Income Components | Location of (Gain) Loss Recognized in Earnings | |||||||||||||
2013 | 2012 | 2011 | ||||||||||||
(Gains) losses on cash flow hedges: | ||||||||||||||
Foreign exchange forward contracts | $ | 1 | $ | (1 | ) | $ | 4 | Cost of products sold | ||||||
Foreign exchange forward contracts | (1 | ) | (2 | ) | 2 | Other expenses/income | ||||||||
Forward starting interest rate swaps | 4 | 3 | 3 | Interest expense | ||||||||||
Total before tax | 4 | — | 9 | |||||||||||
Tax expense (benefit) | (1 | ) | — | (3 | ) | |||||||||
(Gain) loss, net of tax | $ | 3 | $ | — | $ | 6 | ||||||||
Amortization of pension and postretirement benefit adjustments: | ||||||||||||||
Prior service credit | $ | (2 | ) | $ | (1 | ) | $ | — | (1) | |||||
Net actuarial losses | 124 | 83 | 77 | (1) | ||||||||||
Total before tax | 122 | 82 | 77 | |||||||||||
Tax expense (benefit) | (54 | ) | (29 | ) | (30 | ) | ||||||||
(Gain) loss, net of tax | $ | 68 | $ | 53 | $ | 47 | ||||||||
(1) | These items are included in the components of net periodic benefit costs. See Note 11 for additional details. |