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Shareholders' Equity
12 Months Ended
Dec. 31, 2019
Stockholders' Equity Note [Abstract]  
Shareholders' Equity Shareholders’ Equity
On December 17, 2018, the Board approved a repurchase plan for up to $20,000 of common stock. Share repurchases under this plan are currently suspended. The program will expire when we have used all authorized funds or is otherwise terminated.
As of December 31, 2019 and 2018, there were 1,200,000,000 shares of common stock and 20,000,000 shares of preferred stock authorized. No preferred stock has been issued.
Changes in Share Balances
The following table shows changes in each class of shares:
 
Common
Stock

 
Treasury
Stock

Balance at January 1, 2017
1,012,261,159

 
395,109,568

Issued
 
 
(20,746,426
)
Acquired
 
 
46,859,184

Balance at December 31, 2017
1,012,261,159

 
421,222,326

Issued
 
 
(3,409,330
)
Acquired
 
 
26,806,974

Balance at December 31, 2018
1,012,261,159

 
444,619,970

Issued
 
 
(2,797,002
)
Acquired
 
 
7,529,437

Balance at December 31, 2019
1,012,261,159

 
449,352,405


Accumulated Other Comprehensive Loss
Changes in Accumulated other comprehensive loss (AOCI) by component for the years ended December 31, 2019, 2018 and 2017 were as follows:
 
Currency Translation Adjustments

 
Unrealized Gains and Losses on Certain Investments

 
Unrealized Gains and Losses on Derivative Instruments

 
Defined Benefit Pension Plans & Other Postretirement Benefits

 
Total (1)

Balance at January 1, 2017

($143
)
 

($2
)
 

($127
)
 

($13,351
)
 

($13,623
)
Other comprehensive (loss)/income before reclassifications
128

 
1

 
119

 
(478
)
 
(230
)
Amounts reclassified from AOCI

 

 
52

 
425

(2) 
477

Net current period Other comprehensive (loss)/income
128

 
1

 
171

 
(53
)
 
247

Impact of ASU 2018-02

 
 
(1
)
 
10

 
(3,006
)
 
(2,997
)
Balance at December 31, 2017

($15
)
 

($2
)
 

$54

 

($16,410
)
 

($16,373
)
Other comprehensive income/(loss) before reclassifications
(86
)
 
2

 
(146
)
 
747

 
517

Amounts reclassified from AOCI

 

 
30

 
743

(2) 
773

Net current period Other comprehensive income/(loss)
(86
)
 
2

 
(116
)
 
1,490

 
1,290

Balance at December 31, 2018

($101
)
 

$—

 

($62
)
 

($14,920
)
 

($15,083
)
Other comprehensive (loss)/income before reclassifications
(27
)
 
1

 
(48
)
 
(1,397
)
 
(1,471
)
Amounts reclassified from AOCI


 


 
26

 
375

(2) 
401

Net current period Other comprehensive (loss)/income
(27
)
 
1

 
(22
)
 
(1,022
)
 
(1,070
)
Balance at December 31, 2019

($128
)
 

$1

 

($84
)
 

($15,942
)
 

($16,153
)
(1) 
Net of tax.
(2) 
Primarily relates to amortization of actuarial losses for the years ended December 31, 2019, 2018, and 2017 totaling $464, $878, and $542 (net of tax of ($133), ($242), and ($272)), respectively. These are included in the net periodic pension cost. See Note 17.