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Shareholders' Equity (Tables)
6 Months Ended
Jun. 30, 2018
Stockholders' Equity Note [Abstract]  
Summary of shareholders' equity activity
The following tables summarize our shareholders’ equity activity:
Millions of dollars
Total shareholders' equity
Company shareholders' equity
Noncontrolling interest in consolidated subsidiaries
Balance at December 31, 2017
$
8,349

$
8,322

$
27

Retained earnings adjustment for new accounting standard (a)
30

30


Payments of dividends to shareholders
(316
)
(316
)

Stock plans
271

271


Other
(45
)
(40
)
(5
)
Comprehensive income
554

556

(2
)
Balance at June 30, 2018
$
8,843

$
8,823

$
20


(a) Represents a cumulative-effect adjustment to retained earnings upon our adoption of new accounting standards effective January 1, 2018. See Note 9 for further information on the adoption of the new revenue recognition standard.

Millions of dollars
Total shareholders' equity
Company shareholders' equity
Noncontrolling interest in consolidated subsidiaries
Balance at December 31, 2016
$
9,448

$
9,409

$
39

Retained earnings adjustment for new accounting standard (b)
(384
)
(384
)

Payments of dividends to shareholders
(312
)
(312
)

Stock plans
239

239


Other
(38
)
(35
)
(3
)
Balance at June 30, 2017
$
8,953

$
8,917

$
36


(b) Represents a cumulative-effect adjustment to retained earnings upon our adoption of a new accounting standards update on the income tax consequences of intra-entity transfers of assets other than inventory, which was effective January 1, 2017.
Schedule of comprehensive income (loss)
Accumulated other comprehensive loss consisted of the following:
Millions of dollars
June 30,
2018
December 31,
2017
Defined benefit and other postretirement liability adjustments
$
(332
)
$
(334
)
Cumulative translation adjustments
(80
)
(80
)
Other
(58
)
(55
)
Total accumulated other comprehensive loss
$
(470
)
$
(469
)