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Shareholders' Deficit
9 Months Ended
Sep. 30, 2018
Stockholders' Equity Note [Abstract]  
Shareholders' Equity Shareholders’ Deficit

Under the authority of our Board of Directors, we repurchased shares of our Common Stock during the years to date ended September 30, 2018 and 2017 as indicated below.  All amounts exclude applicable transaction fees.

 
 
 
Shares Repurchased (thousands)
 
Dollar Value of Shares Repurchased
 
Remaining Dollar Value of Shares that may be Repurchased
 
 
 
 
2018
 
2017
 
2018
 
2017
 
2018
 
 
November 2016 Authorization
 

 
 
19,110

 
 
$

 
 
$
1,327

 
 
$

 
 
 
November 2017 Authorization
 
18,240

 
 

 
 
1,500

 
 

 
 

 
 
 
August 2018 Authorization
 
2,244

 
 

 
 
198

 
 

 
 
1,802

 
 
 
Total
 
20,484

(a) 
 
19,110

(b) 
 
$
1,698

(a) 
 
$
1,327

(b) 
 
$
1,802

 
 
 
 
 
 
 

(a)
Includes the effect of $14 million in share repurchases (0.2 million shares) with trade dates prior to September 30, 2018, but cash settlement dates subsequent to September 30, 2018.

(b)
Includes the effect of $24 million in share repurchases (0.3 million shares) with trade dates on, or prior to, September 30, 2017, but cash settlement dates subsequent to September 30, 2017 and excludes the effect of $45 million in share purchases (0.7 million shares) with trades dates prior to December 31, 2016, but cash settlement dates subsequent to December 31, 2016.

On August 10, 2018 our Board of Directors authorized share repurchases through December 2019 of up to $2 billion (excluding applicable transaction fees) of our outstanding Common Stock.

Changes in AOCI are presented below.
 
 
Translation Adjustments and Gains (Losses) From Intra-Entity Transactions of a Long-Term Nature
 
Pension and Post-Retirement Benefits
 
Derivative Instruments
 
Total
Balance at December 31, 2017, net of tax
 
$
(174
)
 
$
(106
)
 
$
9

 
$
(271
)
 
 
 
 
 
 
 
 
 
Adoption of accounting standards
 
21

(a) 
(17
)
(b) 
(2
)
(b) 
2

 
 
 
 
 
 
 
 
 
OCI, net of tax
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Gains (losses) arising during the period classified into AOCI, net of tax
 
(72
)
 
1

 
35

 
(36
)
 
 
 
 
 
 
 
 
 
(Gains) losses reclassified from AOCI, net of tax
 
(4
)
 
12

 
(20
)
 
(12
)
 
 
 
 
 
 
 
 
 
 
 
(76
)
 
13

 
15

 
(48
)
 
 
 
 
 
 
 
 
 
Balance at September 30, 2018, net of tax
$
(229
)
 
$
(110
)
 
$
22

 
$
(317
)


(a)
Represents the impact of foreign currency translation from the adoption of Topic 606. See Notes 2 and 5.

(b)
During the quarter ended March 31, 2018, we adopted a standard that allows for the reclassification from AOCI to Accumulated deficit for stranded tax effects resulting from the Tax Act. See Note 1.