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Accumulated Other Comprehensive Loss
3 Months Ended
Mar. 31, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss

Information Relating to 2020

The table below summarizes changes in accumulated other comprehensive loss recorded on our consolidated balance sheet by component for the three months ended March 31, 2020:
 
Pension Plans
 
Post-Retirement
Benefit Plans
 
Foreign Currency
Translation
Adjustment
and Other
 
Interest Rate Swap
 
Total
 
(Dollars in millions)
Balance at December 31, 2019
$
(2,229
)
 
(184
)
 
(228
)
 
(39
)
 
(2,680
)
Other comprehensive loss before reclassifications

 

 
(239
)
 
(80
)
 
(319
)
Amounts reclassified from accumulated other comprehensive loss
36

 
3

 

 
5

 
44

Net current-period other comprehensive income (loss)
36

 
3

 
(239
)
 
(75
)
 
(275
)
Balance at March 31, 2020
$
(2,193
)
 
(181
)
 
(467
)
 
(114
)
 
(2,955
)


The tables below present further information about our reclassifications out of accumulated other comprehensive loss by component for the three months ended March 31, 2020:
Three Months Ended March 31, 2020
 
Decrease (Increase)
in Net Income
 
Affected Line Item in Consolidated Statement of Operations
 
 
(Dollars in millions)
 
 
Interest rate swap
 
$
5

 
Interest Expense
Amortization of pension & post-retirement plans(1)
 
 
 
 
Net actuarial loss
 
50

 
Other income, net
Prior service cost
 
1

 
Other income, net
Total before tax
 
56

 
 
Income tax expense
 
(12
)
 
Income tax expense
Net of tax
 
$
44

 
 
______________________________________________________________________
(1)
See Note 7—Employee Benefits for additional information on our net periodic benefit expense (income) related to our pension and post-retirement plans.
Information Relating to 2019
The table below summarizes changes in accumulated other comprehensive loss recorded on our consolidated balance sheets by component for the three months ended March 31, 2019:
 
Pension Plans
 
Post-Retirement
Benefit Plans
 
Foreign Currency
Translation
Adjustment
and Other
 
Interest Rate Swap
 
Total
 
(Dollars in millions)
Balance at December 31, 2018
$
(2,173
)
 
(58
)
 
(230
)
 

 
(2,461
)
Other comprehensive income before reclassifications

 

 
5

 
(17
)
 
(12
)
Amounts reclassified from accumulated other comprehensive loss
41

 
3

 

 

 
44

Net current-period other comprehensive income
41

 
3

 
5

 
(17
)
 
32

Balance at March 31, 2019
$
(2,132
)
 
(55
)
 
(225
)
 
(17
)
 
(2,429
)

The tables below present further information about our reclassifications out of accumulated other comprehensive loss by component for the three months ended March 31, 2019
Three Months Ended March 31, 2019
 
Decrease (Increase)
in Net Income
 
Affected Line Item in Consolidated Statement of Operations
 
 
(Dollars in millions)
 
 
Amortization of pension & post-retirement plans(1)
 
 
 
 
Net actuarial loss
 
$
57

 
Other income, net
Prior service cost
 
2

 
Other income, net
Total before tax
 
59

 
 
Income tax benefit
 
(15
)
 
Income tax expense
Net of tax
 
$
44

 
 
________________________________________________________________________
(1)
See Note 7—Employee Benefits for additional information on our net periodic benefit expense (income) related to our pension and post-retirement plans.