Shareholders' Equity

3 Months Ended

Mar. 31, 2024

Equity [Abstract]

Shareholders' Equity

Shareholders' Equity

Accumulated Other Comprehensive Loss

Changes in Accumulated other comprehensive loss (AOCI) by component for the three months ended March 31, 2024 and 2023 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, 2023	($167)		($24)	($9,359)		($9,550)
Other comprehensive income/(loss) before reclassifications	16		18	(7)		27
Amounts reclassified from AOCI			(5)	(22)	(2)	(27)
Net current period Other comprehensive income/(loss)	16		13	(29)		0
Balance at March 31, 2023	($151)		($11)	($9,388)		($9,550)
Balance at January 1, 2024	($134)	$2	$12	($10,185)		($10,305)
Other comprehensive loss before reclassifications	(35)		(65)	(14)		(114)
Amounts reclassified from AOCI			7		(2)	7
Net current period Other comprehensive loss	(35)		(58)	(14)		(107)
Balance at March 31, 2024	($169)	$2	($46)	($10,199)		($10,412)

(1)     Net of tax.

(2)    Primarily relates to the amortization of prior service credits and actuarial losses/(gains) included in net periodic pension cost for the three months ended March 31, 2024 and 2023 totaling $0 and ($22) (net of tax of $0 and $6).