Shareholders' Equity (Tables)

9 Months Ended

Sep. 30, 2023

Schedule of Accumulated Other Comprehensive Income (Loss)

Changes in Accumulated other comprehensive loss (AOCI) by component for the nine and three months ended September 30, 2023 and 2022 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, 2022	($105)	$1	$6		($11,561)		($11,659)
Other comprehensive loss before reclassifications	(123)	(2)	(157)		(2)		(284)
Amounts reclassified from AOCI			24	(3)	401	(2)	425
Net current period Other comprehensive (loss)/income	(123)	(2)	(133)		399		141
Balance at September 30, 2022	($228)	($1)	($127)		($11,162)		($11,518)

Balance at January 1, 2023	($167)		($24)		($9,359)		($9,550)
Other comprehensive (loss)/income before reclassifications	(29)	$1	(60)		(5)		(93)
Amounts reclassified from AOCI			2		(67)		(65)
Net current period Other comprehensive (loss)/income	(29)	1	(58)		(72)		(158)
Balance at September 30, 2023	($196)	$1	($82)		($9,431)		($9,708)

Balance at June 30, 2022	($157)	$1	($38)		($11,293)		($11,487)
Other comprehensive loss before reclassifications	(71)	(2)	(83)		(2)		(158)
Amounts reclassified from AOCI			(6)		133	(2)	127
Net current period Other comprehensive (loss)/income	(71)	(2)	(89)		131		(31)
Balance at September 30, 2022	($228)	($1)	($127)		($11,162)		($11,518)

Balance at June 30, 2023	($157)		($51)		($9,409)		($9,617)
Other comprehensive (loss)/income before reclassifications	(39)	$1	(35)		1		(72)
Amounts reclassified from AOCI			4		(23)		(19)
Net current period Other comprehensive (loss)/income	(39)	1	(31)		(22)		(91)
Balance at September 30, 2023	($196)	$1	($82)		($9,431)		($9,708)

(1) Net of tax.

(2) Primarily relates to amortization of actuarial losses for the nine and three months ended September 30, 2022 totaling $469 and $155 (net of tax of ($129) and ($45)), which are included in the net periodic pension cost.

(3) Includes losses of $39 (net of tax of ($11)) from cash flow hedges reclassified to Other income, net because the forecasted transactions are not probable of occurring.