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ACCUMULATED OTHER COMPREHENSIVE LOSS
6 Months Ended
Jun. 30, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS

NOTE 11: ACCUMULATED OTHER COMPREHENSIVE LOSS

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

 

 

 

QUARTER ENDED

 

 

YEAR-TO-DATE ENDED

 

DOLLAR AMOUNTS IN MILLIONS

 

JUNE 2023

 

 

JUNE 2022

 

 

JUNE 2023

 

 

JUNE 2022

 

Pension(1)

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

(451

)

 

$

(709

)

 

$

(458

)

 

$

(720

)

Other comprehensive (loss) income before reclassifications

 

 

(2

)

 

 

59

 

 

 

(1

)

 

 

51

 

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

 

 

9

 

 

 

18

 

 

 

15

 

 

 

37

 

Total other comprehensive income

 

 

7

 

 

 

77

 

 

 

14

 

 

 

88

 

Balance at end of period

 

$

(444

)

 

$

(632

)

 

$

(444

)

 

$

(632

)

Other post-employment benefits(1)

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

20

 

 

$

 

 

$

20

 

 

$

(2

)

Other comprehensive income (loss) before reclassifications

 

 

1

 

 

 

(1

)

 

 

1

 

 

 

 

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

 

 

 

 

 

1

 

 

 

 

 

 

2

 

Total other comprehensive income

 

 

1

 

 

 

 

 

 

1

 

 

 

2

 

Balance at end of period

 

$

21

 

 

$

 

 

$

21

 

 

$

 

Translation adjustments and other

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

191

 

 

$

259

 

 

$

191

 

 

$

243

 

Translation adjustments

 

 

7

 

 

 

(25

)

 

 

7

 

 

 

(9

)

Total other comprehensive income (loss)

 

 

7

 

 

 

(25

)

 

 

7

 

 

 

(9

)

Balance at end of period

 

 

198

 

 

 

234

 

 

 

198

 

 

 

234

 

Accumulated other comprehensive loss, end of period

 

$

(225

)

 

$

(398

)

 

$

(225

)

 

$

(398

)

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