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Other Comprehensive (Loss) Income and Shareholders' Equity
 3 Months Ended
Mar. 31, 2018
Equity [Abstract]  
Other Comprehensive (Loss) Income and Shareholders' Equity
OTHER COMPREHENSIVE INCOME (LOSS) AND SHAREHOLDERS’ EQUITY
The following tables detail the accumulated other comprehensive income (loss) activity for the 2018 first quarter and 2017 first quarter:
($ in millions)
Foreign Currency Translation Adjustments
 
Derivative Instrument Adjustments
 
Available-For-Sale Securities Unrealized Adjustments
 
Pension and Postretirement Adjustments
 
Accumulated Other Comprehensive Income (Loss)
Balance at year-end 2017
$
(23
)
 
$
(10
)
 
$
4

 
$
12

 
$
(17
)
Other comprehensive income (loss) before reclassifications (1)
152

 
(3
)
 
—

 
—

 
149

Amounts reclassified from accumulated other comprehensive income (loss)
9

 
4

 
—

 
—

 
13

Net other comprehensive income (loss)
161

 
1

 
—

 
—

 
162

Adoption of ASU 2016-01
—

 
—

 
(4
)
 
—

 
(4
)
Balance at March 31, 2018
$
138

 
$
(9
)
 
$
—

 
$
12

 
$
141


($ in millions)
Foreign Currency Translation Adjustments
 
Derivative Instrument Adjustments
 
Available-For-Sale Securities Unrealized Adjustments
 
Pension and Postretirement Adjustments
 
Accumulated Other Comprehensive Income (Loss)
Balance at year-end 2016
$
(503
)
 
$
(5
)
 
$
6

 
$
5

 
$
(497
)
Other comprehensive income (loss) before reclassifications (1)
188

 
(2
)
 
(1
)
 
—

 
185

Amounts reclassified from accumulated other comprehensive loss
—

 
—

 
—

 
—

 
—

Net other comprehensive income (loss)
188

 
(2
)
 
(1
)
 
—

 
185

Balance at March 31, 2017
$
(315
)
 
$
(7
)
 
$
5

 
$
5

 
$
(312
)

(1) 
Other comprehensive income (loss) before reclassifications for foreign currency translation adjustments includes losses on intra-entity foreign currency transactions that are of a long-term investment nature of $36 million for the 2018 first quarter and $16 million for the 2017 first quarter.
The following table details the changes in common shares outstanding and shareholders’ equity for the 2018 first quarter:
(in millions, except per share amounts)
 
 
Common
Shares
Outstanding
 
 
Total
 
Class A
Common
Stock
 
Additional
Paid-in-
Capital
 
Retained
Earnings
 
Treasury 
Stock,
at Cost
 
Accumulated
Other
Comprehensive
Loss
359.1

 
Balance at year-end 2017 (as previously reported)
$
3,731

 
$
5

 
$
5,770

 
$
7,391

 
$
(9,418
)
 
$
(17
)
—

 
Adoption of ASU 2014-09
(149
)
 
—

 
—

 
(149
)
 
—

 
—

359.1

 
Balance at year-end 2017 (as adjusted)
3,582

 
5

 
5,770

 
7,242

 
(9,418
)
 
(17
)
—

 
Adoption of ASU 2016-01
—

 
—

 
—

 
4

 
—

 
(4
)
—

 
Adoption of ASU 2016-16
372

 
—

 
—

 
372

 
—

 
—

—

 
Net income
398

 
—

 
—

 
398

 
—

 
—

—

 
Other comprehensive income
162

 
—

 
—

 
—

 
—

 
162

—

 
Dividends ($0.33 per share)
(118
)
 
—

 
—

 
(118
)
 
—

 
—

1.3

 
Share-based compensation plans
(48
)
 
—

 
(85
)
 
—

 
37

 
—

(5.6
)
 
Purchase of treasury stock
(782
)
 
—

 
—

 
—

 
(782
)
 
—

354.8

 
Balance at March 31, 2018
$
3,566

 
$
5

 
$
5,685

 
$
7,898

 
$
(10,163
)
 
$
141