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ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)
6 Months Ended
Jun. 30, 2021
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

 

 

YEAR-TO-DATE ENDED

 

DOLLAR AMOUNTS IN MILLIONS

 

JUNE 2021

 

 

JUNE 2020

 

 

JUNE 2021

 

 

JUNE 2020

 

Pension(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

(1,044

)

 

$

(1,084

)

 

$

(1,064

)

 

$

(1,128

)

Other comprehensive income before reclassifications

 

 

100

 

 

 

 

 

 

96

 

 

 

20

 

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

 

 

20

 

 

 

24

 

 

 

44

 

 

 

48

 

Total other comprehensive income

 

 

120

 

 

 

24

 

 

 

140

 

 

 

68

 

Balance at end of period

 

 

(924

)

 

 

(1,060

)

 

 

(924

)

 

 

(1,060

)

Other Post-Employment Benefits(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

(11

)

 

$

(11

)

 

$

(12

)

 

$

(12

)

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

 

 

1

 

 

 

 

 

 

2

 

 

 

1

 

Total other comprehensive income

 

 

1

 

 

 

 

 

 

2

 

 

 

1

 

Balance at end of period

 

 

(10

)

 

 

(11

)

 

 

(10

)

 

 

(11

)

Translation Adjustments and Other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

263

 

 

$

194

 

 

$

254

 

 

$

236

 

Translation adjustments

 

 

15

 

 

 

17

 

 

 

24

 

 

 

(25

)

Total other comprehensive income (loss)

 

 

15

 

 

 

17

 

 

 

24

 

 

 

(25

)

Balance at end of period

 

 

278

 

 

 

211

 

 

 

278

 

 

 

211

 

Accumulated other comprehensive loss, end of period

 

$

(656

)

 

$

(860

)

 

$

(656

)

 

$

(860

)

(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 7: Pension and Other Post-Employment Benefit Plans.