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Accumulated Other Comprehensive Loss and Shareholders' Equity
6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
Accumulated Other Comprehensive Loss and Shareholders' Equity ACCUMULATED OTHER COMPREHENSIVE LOSS AND STOCKHOLDERS’ EQUITY
The following tables detail the accumulated other comprehensive loss activity for the 2022 first half and 2021 first half:
($ in millions)Foreign Currency Translation AdjustmentsOther AdjustmentsAccumulated Other Comprehensive Loss
Balance at year-end 2021$(351)$$(342)
Other comprehensive income before reclassifications (1)
(313)(308)
Reclassification adjustments— (1)(1)
Net other comprehensive income(313)(309)
Balance at June 30, 2022$(664)$13 $(651)
($ in millions)Foreign Currency Translation AdjustmentsOther AdjustmentsAccumulated Other Comprehensive Loss
Balance at year-end 2020$(139)$$(135)
Other comprehensive loss before reclassifications (1)
(59)— (59)
Reclassification adjustments— — — 
Net other comprehensive loss(59)— (59)
Balance at June 30, 2021$(198)$$(194)
(1)Other comprehensive income (loss) before reclassifications for foreign currency translation adjustments includes intra-entity foreign currency transactions that are of a long-term investment nature, which resulted in gains of $44 million for the 2022 first half and $18 million for the 2021 first half.
The following tables detail the changes in common shares outstanding and stockholders’ equity for the 2022 first half and 2021 first half:
(in millions, except per share amounts) 
Common
Shares
Outstanding
 TotalClass A Common StockAdditional Paid-in-CapitalRetained EarningsTreasury Stock, at CostAccumulated Other Comprehensive Loss
326.3 Balance at year-end 2021$1,414 $$5,892 $10,305 $(14,446)$(342)
— Net income377 — — 377 — — 
— Other comprehensive income14 — — — — 14 
1.0 Stock-based compensation plans(33)— (61)— 28 — 
327.3 
Balance at March 31, 2022
$1,772 $$5,831 $10,682 $(14,418)$(328)
— Net income678 — — 678 — — 
— Other comprehensive loss(323)— — — — (323)
— 
Dividends ($0.30 per share)
(98)— — (98)— — 
— Stock-based compensation plans43 — 41 — — 
(1.9)Purchase of treasury stock(300)— — — (300)— 
325.4 
Balance at June 30, 2022
$1,772 $$5,872 $11,262 $(14,716)$(651)
Common
Shares
Outstanding
 TotalClass A Common StockAdditional Paid-in-CapitalRetained EarningsTreasury Stock, at CostAccumulated Other Comprehensive Loss
324.4 Balance at year-end 2020$430 $$5,851 $9,206 $(14,497)$(135)
— Net loss(11)— — (11)— — 
— Other comprehensive loss(155)— — — — (155)
1.2 Stock-based compensation plans(30)— (64)— 34 — 
325.6 
Balance at March 31, 2021
$234 $$5,787 $9,195 $(14,463)$(290)
— Net income422 — — 422 — — 
— Other comprehensive income96 — — — — 96 
— Stock-based compensation plans44 — 43 — — 
325.6 
Balance at June 30, 2021
$796 $$5,830 $9,618 $(14,463)$(194)