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EARNINGS PER SHARE ("EPS") AND EQUITY (Tables)
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings per Share Basic and diluted weighted average shares outstanding were as follows (in millions):
 
 
Three Months Ended March 31,
 
 
2019

2018
Basic weighted average common shares outstanding
 
131

 
130

Dilutive effect of stock options, restricted stock and restricted stock units
 
2

 
2

Diluted weighted average common shares outstanding
 
133

 
132



Schedule of Changes in Accumulated Other Comprehensive Income The changes in accumulated other comprehensive loss are as follows (in millions):
 
Foreign Currency Translation
 
Pension and Other Postretirement Plan Unrecognized Net Gain
 
Net Unrealized (Loss) Gain On Derivatives
 
Total
Balance at December 31, 2017
$
(24
)
 
$
2

 
$
(33
)
 
$
(55
)
Other comprehensive income before reclassifications
10

 

 
5

 
15

Amounts reclassified from accumulated other comprehensive (loss) income
2

 

 
27

 
29

Net current period comprehensive income
12

 

 
32

 
44

Balance at March 31, 2018
$
(12
)
 
$
2

 
$
(1
)
 
$
(11
)
 
 
 
 
 
 
 
 
Balance at December 31, 2018
$
(23
)
 
$
2

 
$
(12
)
 
$
(33
)
Cumulative effect change in accounting for ASU 2018-02 (see Note1)

 

 
2

 
2

Balance at January 1, 2019
(23
)
 
2

 
(10
)
 
(31
)
Other comprehensive loss
(5
)
 

 

 
(5
)
Net current period comprehensive loss
(5
)
 

 

 
(5
)
Balance at March 31, 2019
$
(28
)
 
$
2

 
$
(10
)
 
$
(36
)
Amount Reclassified from Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income Component
 
Three Months Ended March 31, 2018
 
Affected Line Item in the Condensed Consolidated Statement of Operations
 
 
 
 
 
Foreign currency translation
 
$
2

 
Net gain on sale of business and investments (1)
Interest rate swap
 
27

 
Net gain on sale of business and investments (1)
 
 
29

 
Total before tax
 
 

 
Tax benefit
Total reclassifications
 
$
29

 
Net of tax
(1) Reclassification from AOCI to Net gain on sale of business and investments, related to the loss of a controlling interest in Dublin EfW, which required the entity to be deconsolidated from our financial statements in February 2018. For additional information see Item 1. Financial Statements, Note 3. New Business and Asset Management- Green Investment Group Limited (“GIG”) Joint Venture.