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Accumulated Other Comprehensive Loss
 12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
Reclassifications out of Accumulated Other Comprehensive Loss

Note 22. Accumulated Other Comprehensive Loss

The following table presents changes in AOCL by component for the years ended December 31, 2021, 2020 and 2019, after tax and minority interest:

 

 

 

 

 

 

 

 

 

 

 

 

 

(In millions) Income (Loss)

 

Foreign
Currency
Translation
Adjustment

 

 

Unrecognized
Net Actuarial
Losses and
Prior Service
Costs

 

 

Deferred
Derivative
Gains (Losses)

 

 

Total

 

Balance at December 31, 2018

 

$

(1,160

)

 

$

(2,923

)

 

$

7

 

 

$

(4,076

)

Other comprehensive income (loss) before reclassifications(1)

 

 

4

 

 

 

(168

)

 

 

10

 

 

 

(154

)

Amounts reclassified from accumulated other comprehensive loss

 

 

—

 

 

 

108

 

 

 

(14

)

 

 

94

 

Balance at December 31, 2019

 

$

(1,156

)

 

$

(2,983

)

 

$

3

 

 

$

(4,136

)

Other comprehensive income (loss) before reclassifications(1)

 

 

(128

)

 

 

(4

)

 

 

15

 

 

 

(117

)

Amounts reclassified from accumulated other comprehensive loss

 

 

—

 

 

 

131

 

 

 

(13

)

 

 

118

 

Balance at December 31, 2020

 

$

(1,284

)

 

$

(2,856

)

 

$

5

 

 

$

(4,135

)

Other comprehensive income (loss) before reclassifications

 

 

(118

)

 

 

153

 

 

 

1

 

 

 

36

 

Amounts reclassified from accumulated other comprehensive loss

 

 

—

 

 

 

138

 

 

 

(2

)

 

 

136

 

Balance at December 31, 2021

 

$

(1,402

)

 

$

(2,565

)

 

$

4

 

 

$

(3,963

)

 

(1)
Includes adjustments to AOCL of $27 million and $(32) million in 2020 and 2019, respectively, to adjust the respective prior year obligation of our frozen U.K. pension plan.

The following table presents reclassifications out of AOCL for the years ended December 31, 2021, 2020 and 2019:

 

 

 

Year Ended
December 31,

 

 

 

(In millions) (Income) Expense

 

2021

 

 

2020

 

 

2019

 

 

 

Component of AOCL

 

Amount Reclassified from
AOCL

 

 

Affected Line Item in the Consolidated
Statements of Operations

Amortization of prior service cost and unrecognized gains and losses

 

$

139

 

 

$

144

 

 

$

137

 

 

Other (Income) Expense

Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements and divestitures

 

 

43

 

 

 

29

 

 

 

6

 

 

Other (Income) Expense / Rationalizations

Unrecognized Net Actuarial Losses and Prior Service Costs, before tax

 

$

182

 

 

$

173

 

 

$

143

 

 

 

Tax effect

 

 

(44

)

 

 

(42

)

 

 

(35

)

 

United States and Foreign Taxes

Net of tax

 

$

138

 

 

$

131

 

 

$

108

 

 

Goodyear Net Income (Loss)

Deferred Derivative (Gains) Losses

 

$

(2

)

 

$

(13

)

 

$

(14

)

 

Cost of Goods Sold

Tax effect

 

 

—

 

 

 

—

 

 

 

—

 

 

United States and Foreign Taxes

Net of tax

 

$

(2

)

 

$

(13

)

 

$

(14

)

 

Goodyear Net Income (Loss)

Total reclassifications

 

$

136

 

 

$

118

 

 

$

94

 

 

Goodyear Net Income (Loss)

 

The following table presents the details of comprehensive income (loss) attributable to minority shareholders:

 

 

 

Year Ended
December 31,

 

(In millions)

 

2021

 

 

2020

 

 

2019

 

Net Income Attributable to Minority Shareholders

 

$

16

 

 

$

4

 

 

$

14

 

Other Comprehensive Income (Loss):

 

 

 

 

 

 

 

 

 

Foreign currency translation

 

 

(21

)

 

 

(6

)

 

 

1

 

Decrease/Increase in net actuarial losses

 

 

1

 

 

 

(1

)

 

 

—

 

Other Comprehensive Income (Loss)

 

$

(20

)

 

$

(7

)

 

$

1

 

Comprehensive Income (Loss) Attributable to Minority Shareholders

 

$

(4

)

 

$

(3

)

 

$

15