OTHER COMPREHENSIVE INCOME (Note)

6 Months Ended

Jun. 30, 2023

Other Comprehensive Income [Note Text Block]

The following table presents changes in Accumulated Other Comprehensive Income (Loss) (AOCI), net of tax, for the three months and six months ended June 30, 2023 and 2022:


	Three Months Ended June 30,				Six Months Ended June 30,
In millions	2023		2022		2023		2022
Defined Benefit Pension and Postretirement Adjustments
Balance at beginning of period	$	(1,172)	$	(942)	$	(1,195)	$	(962)

Amounts reclassified from accumulated other comprehensive income	21		23		44		43
Balance at end of period	(1,151)		(919)		(1,151)		(919)
Change in Cumulative Foreign Currency Translation Adjustments
Balance at beginning of period	(731)		(742)		(722)		(694)
Other comprehensive income (loss) before reclassifications	(30)		182		(39)		134

Balance at end of period	(761)		(560)		(761)		(560)
Net Gains and Losses on Cash Flow Hedging Derivatives
Balance at beginning of period	(8)		(10)		(8)		(10)


Balance at end of period	(8)		(10)		(8)		(10)
Total Accumulated Other Comprehensive Income (Loss) at End of Period	$	(1,920)	$	(1,489)	$	(1,920)	$	(1,489)

The following table presents details of the reclassifications out of AOCI for the three months and six months ended June 30, 2023 and 2022:


In millions:	Amount Reclassified from Accumulated Other Comprehensive Income									Location of Amount Reclassified from AOCI
	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Defined benefit pension and postretirement items:
Prior-service costs	$	(6)	$	(6)	$	(12)	$	(11)	(a)	Non-operating pension expense (income)
Actuarial gains (losses)	(22)		(24)		(46)		(46)		(a)	Non-operating pension expense (income)
Total pre-tax amount	(28)		(30)		(58)		(57)
Tax (expense) benefit	7		7		14		14
Net of tax	(21)		(23)		(44)		(43)






Total reclassifications for the period	$	(21)	$	(23)	$	(44)	$	(43)

(a)These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 16 for additional details).