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ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)
3 Months Ended
Mar. 31, 2023
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]  
Changes in Amounts Included in Our Accumulated Other Comprehensive Loss

Changes in amounts included in our accumulated other comprehensive loss by component are:

 

 

 

QUARTER ENDED

 

DOLLAR AMOUNTS IN MILLIONS

 

MARCH 2023

 

 

MARCH 2022

 

Pension(1)

 

 

 

 

 

 

Balance at beginning of period

 

$

(458

)

 

$

(720

)

Other comprehensive income (loss) before reclassifications

 

 

1

 

 

 

(8

)

Amounts reclassified from accumulated other comprehensive loss to earnings(2)

 

 

6

 

 

 

19

 

Total other comprehensive income

 

 

7

 

 

 

11

 

Balance at end of period

 

$

(451

)

 

$

(709

)

Other post-employment benefits(1)

 

 

 

 

 

 

Balance at beginning of period

 

$

20

 

 

$

(2

)

Other comprehensive income before reclassifications

 

 

 

 

 

1

 

Amounts reclassified from accumulated other comprehensive loss to earnings(2)

 

 

 

 

 

1

 

Total other comprehensive income

 

 

 

 

 

2

 

Balance at end of period

 

$

20

 

 

$

 

Translation adjustments and other

 

 

 

 

 

 

Balance at beginning of period

 

$

191

 

 

$

243

 

Translation adjustments

 

 

 

 

 

16

 

Total other comprehensive income

 

 

 

 

 

16

 

Balance at end of period

 

 

191

 

 

 

259

 

Accumulated other comprehensive loss, end of period

 

$

(240

)

 

$

(450

)

(1)
Amounts presented are net of tax.
(2)
Amounts of actuarial loss and prior service (cost) credit are components of net periodic benefit cost (credit). See Note 6: Pension and Other Post-Employment Benefit Plans.