Changes in Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Dec. 31, 2021

Schedule Of Changes In Other Comprehensive Income (Loss)

The following represents changes in Accumulated Other Comprehensive Loss attributable to Graphic Packaging Holding Company by component for the year ended December 31, 2021:


In millions	Derivatives Instruments		Pension and Postretirement Benefit Plans		Currency Translation Adjustments		Total
Balance at December 31, 2020	$	(13)	$	(139)	$	(94)	$	(246)
Other Comprehensive Income (Loss) before Reclassifications	8		43		(28)		23
Amounts Reclassified from Accumulated Other Comprehensive (Loss) Income(a)	(2)		2		—		—
Net Current-period Other Comprehensive Income (Loss)	6		45		(28)		23
Less:
Net Current-period Other Comprehensive Income Attributable to Noncontrolling Interest	(1)		—		—		(1)
Balance at December 31, 2021	$	(8)	$	(94)	$	(122)	$	(224)

(a) See following table for details about these reclassifications.

Reclassifications out of AOCI

The following represents reclassifications out of Accumulated Other Comprehensive Loss for the year ended December 31, 2021:


In millions
Details about Accumulated Other Comprehensive Loss Components	Amount Reclassified from Accumulated Other Comprehensive Loss			Affected Line Item in the Statement Where Net Income is Presented
Derivatives Instruments:
Commodity Contracts	$	(11)		Cost of Sales
Foreign Currency Contracts	2			Other (Income) Expense, Net
Interest Rate Swap Agreements	6			Interest Expense, Net
	(3)			Total before Tax
	1			Tax Expense
	$	(2)		Total, Net of Tax

Amortization of Defined Benefit Pension Plans:

Actuarial Losses	5		(a)
	5			Total before Tax
	(1)			Tax Expense
	$	4		Total, Net of Tax

Amortization of Postretirement Benefit Plans:

Actuarial Gains	(2)		(a)


	$	(2)		Total, Net of Tax

Total Reclassifications for the Period	$	—

(a) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost (see "Note 8 - Pensions and Other Postretirement Benefits").