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Note 18 - Other Comprehensive Income (Loss)
6 Months Ended
Jun. 30, 2021
Other Comprehensive Income Loss Net Of Tax Period Increase Decrease [Abstract]  
Other Comprehensive Income (Loss)

NOTE 18: OTHER COMPREHENSIVE INCOME (LOSS)

 

The changes in Other comprehensive income (loss), by component, were as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(in millions)

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Currency translation adjustments

 

$

4

 

 

$

(4

)

 

$

3

 

 

$

(16

)

Pension and other postretirement benefit plan changes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Newly established net actuarial (loss) gain

 

 

 

 

 

5

 

 

 

(1

)

 

 

6

 

Tax Provision

 

 

 

 

 

 

 

 

 

 

 

 

Newly established net actuarial (loss) gain, net of tax

 

 

 

 

 

5

 

 

 

(1

)

 

 

6

 

Reclassification adjustments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of prior service credit (1)

 

 

(2

)

 

 

(2

)

 

 

(4

)

 

 

(4

)

Amortization of actuarial losses (1)

 

 

10

 

 

 

5

 

 

 

19

 

 

 

10

 

Recognition of losses (gains) due to curtailments and settlements

 

 

 

 

 

1

 

 

 

 

 

 

1

 

Total reclassification adjustments

 

 

8

 

 

 

4

 

 

 

15

 

 

 

7

 

Tax provision

 

 

 

 

 

 

 

 

 

 

 

(1

)

Reclassification adjustments, net of tax

 

 

8

 

 

 

4

 

 

 

15

 

 

 

6

 

Pension and other postretirement benefit plan changes,

   net of tax

 

 

8

 

 

 

9

 

 

 

14

 

 

 

12

 

Other comprehensive income (loss)

 

$

12

 

 

$

5

 

 

$

17

 

 

$

(4

)

 

 

(1)

Reclassified to Total Net Periodic Benefit Cost - refer to Note 14, "Retirement Plans and Other Postretirement Benefits".