COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE INCOME

12 Months Ended

Dec. 31, 2019

The following table provides details about the reclassifications out of AOCI:


	Year Ended December 31,							Location in the consolidated statement of operations
	2019		2018		2017
Currency translation adjustment losses
Sale of foreign subsidiaries (see Note 10)	$	(32)	$	—	$	—	Loss pursuant to the divestiture of MAKS
Total currency translation adjustment losses	(32)		—		—
Gains on cash flow hedges
Cross-currency swap	—		—		13		Other non-operating income (expense), net
Interest rate contract	—		—		(1)		Interest expense, net
Total before income taxes	—		—		12
Income tax effect of item above	—		—		(5)		Provision for income taxes
Total net gains on cash flow hedges	—		—		7
Gains on net investment hedges
FX forwards	3		—		—		Other non-operating income (expense), net
Income tax effect of item above	(1)		—		—		Provision for income taxes
Total net gains on net investment hedges	2		—		—
Gains on available for sale securities
Gains on available for sale securities	—		—		2		Other non-operating income (expense), net
Income tax effect of item above	—		—		—		Provision for income taxes
Total gains on available for sale securities	—		—		2
Pension and other retirement benefits
Amortization of actuarial losses and prior service costs included in net income	(2)		(3)		(5)		Operating expense
Amortization of actuarial losses and prior service costs included in net income	(1)		(2)		(3)		SG&A expense
Total before income taxes	(3)		(5)		(8)
Income tax effect of item above	1		1		3		Provision for income taxes
Total pension and other retirement benefits	(2)		(4)		(5)
Total (losses) gains included in Net Income attributable to reclassifications out of AOCI	$	(32)	$	(4)	$	4

The following table shows changes in AOCI by component (net of tax):


	Year Ended December 31, 2019
	Pension and Other Retirement Benefits		Gains / (Losses) on Cash Flow Hedges		Foreign Currency Translation Adjustments		Net Investment Hedges		Total
Balance December 31, 2018	$	(53)	$	—	$	(406)	$	33	$	(426)
Other comprehensive income/(loss) before reclassifications	(24)		—		(27)		26		(25)
Amounts reclassified from AOCI	2		—		32		(2)		32
Adoption of ASU 2018-02 (See Note 1)	(17)		—		—		(3)		(20)
Other comprehensive income/(loss)	(39)		—		5		21		(13)
Balance December 31, 2019	$	(92)	$	—	$	(401)	$	54	$	(439)


	Year Ended December 31, 2018
	Pension and Other Retirement Benefits		Gains / (Losses) on Cash Flow Hedges		Foreign Currency Translation Adjustments		Net Investment Hedges		Gains on Available for Sale Securities		Total
Balance December 31, 2017	$	(61)	$	1	$	(113)	$	(1)	$	2	$	(172)
Adoption of ASU 2016-01	—		—		—		—		(2)		(2)
Other comprehensive income/(loss) before reclassifications	4		(1)		(293)		34		—		(256)
Amounts reclassified from AOCI	4		—		—		—		—		4
Other comprehensive income/(loss)	8		(1)		(293)		34		(2)		(254)
Balance December 31, 2018	$	(53)	$	—	$	(406)	$	33	$	—	$	(426)


	Year Ended December 31, 2017
	Pension and Other Retirement Benefits		Gains / (Losses) on Cash Flow Hedges		Foreign Currency Translation Adjustments		Net Investment Hedges		Gains on Available for Sale Securities		Total
Balance December 31, 2016	$	(79)	$	2	$	(325)	$	35	$	3	$	(364)
Other comprehensive income/(loss) before reclassifications	13		6		212		(36)		1		196
Amounts reclassified from AOCI	5		(7)		—		—		(2)		(4)
Other comprehensive income/(loss)	18		(1)		212		(36)		(1)		192
Balance December 31, 2017	$	(61)	$	1	$	(113)	$	(1)	$	2	$	(172)