Other Comprehensive Income

3 Months Ended

Mar. 31, 2024

Equity [Abstract]

Other Comprehensive Income

Other Comprehensive Income

Other Comprehensive Income is comprised of the following:

	Three Months Ended March 31,
	2024				2023
	Pre-tax		Net of Tax		Pre-tax		Net of Tax
Translation Adjustments (Losses) Gains	$	(32)	$	(32)	$	93	$	93
Unrealized (Losses) Gains
Changes in fair value of cash flow hedges losses	(3)		(3)		(2)		(2)
Changes in cash flow hedges reclassed to earnings(1)	3		2		5		6
Net Unrealized (Losses) Gains	—		(1)		3		4
Defined Benefit Plans Gains (Losses)
Net actuarial/prior service gains	8		6		7		5
Prior service amortization(2)	(3)		(2)		(3)		(2)
Actuarial loss amortization/settlement(2)	23		17		7		5
Other gains (losses)(3)	15		15		(22)		(22)
Changes in Defined Benefit Plans Gains	43		36		(11)		(14)
Other Comprehensive Income	$	11	$	3	$	85	$	83

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(1)Reclassified to Cost of sales - refer to Note 14 - Financial Instruments for additional information regarding our cash flow hedges.

(2)Reclassified to Total Net Periodic Benefit Cost - refer to Note 16 - Employee Benefit Plans for additional information.

(3)Primarily represents currency impact on cumulative amount of benefit plan net actuarial losses and prior service credits in AOCL.

Accumulated Other Comprehensive Loss (AOCL)

AOCL is comprised of the following:

	March 31, 2024		December 31, 2023
Cumulative translation adjustments	$	(2,078)	$	(2,046)
Other unrealized losses, net	(4)		(3)
Benefit plans net actuarial losses and prior service credits	(1,591)		(1,627)
Total Accumulated Other Comprehensive Loss	$	(3,673)	$	(3,676)