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CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME
3 Months Ended
Mar. 31, 2021
Equity [Abstract]  
CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME
The following table summarizes the changes in accumulated other comprehensive income (deficit) (in millions):
Three Months Ended
March 31,
  
  
20212020
Currency Translation Adjustment
Beginning balance$(220)$(282)
Net investment hedge amounts classified into AOCI, net of tax32 
Loss on foreign currency translation(49)(154)
Other comprehensive loss, net of tax(45)(122)
Ending balance$(265)$(404)
Pension and Other Postretirement Adjustment
Beginning balance$(372)$(326)
Amounts reclassified from AOCI to net earnings, net of tax (a)
Amounts classified into AOCI, net of tax(1)— 
Other comprehensive income, net of tax
Ending balance$(371)$(319)
Hedging Adjustment
Beginning balance$$(2)
Amounts reclassified from AOCI to net earnings, net of tax (b)(1)
Amounts classified into AOCI, net of tax13 (3)
Other comprehensive income/(loss), net of tax12 (1)
Ending balance$16 $(3)
Total AOCI ending balance$(620)$(726)

(a)These AOCI components are included in the computation of total Pension and Other postretirement expense and are recorded in Non-operating income. See Note 10 for additional information.
(b)Amounts reclassified from (loss)/gain on cash flow hedges are reclassified from AOCI to income when the hedged item affects earnings and is recognized in Cost of sales or Interest expense, net depending on the hedged item. See Note 4 for additional information.