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Stockholders' Equity
12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Stockholders' Equity
Stockholders’ Equity

Common Stock

Common Stock is reported net of shares held by our consolidated subsidiaries (Treasury Shares). Treasury Shares at December 31, 2018 and 2017 amounted to 20,320,777, with a cost of $19 million at both dates.   

Accumulated Other Comprehensive Loss

The components of “Other comprehensive income (loss)” reported in the Consolidated Statements of Comprehensive Income and changes in the cumulative balances of “Accumulated other comprehensive loss” reported in the Consolidated Balance Sheets consisted of the following:
 
Balance
at Beginning
of Year
 
Net Income
(Loss)
 
Reclassification
of Stranded Tax Effects
 
Reclassification
Adjustments
 
Balance
at End
of Year
 
($ in millions)    
Year ended December 31, 2018
 
 
 
 
 
 
 
 
 
Pensions and other postretirement
 
 
 
 
 
 
 
 
 
liabilities
$
(300
)
 
$
(136
)
 
$
(86
)
 
$
25

 
$
(497
)
Other comprehensive loss
 

 
 

 
 

 
 

 
 

of equity investees
(56
)
 
(8
)
 
(2
)
 

 
(66
)
 
 
 
 
 
 
 
 
 
 
Accumulated other comprehensive
 
 
 
 
 
 
 
 
 
loss
$
(356
)
 
$
(144
)
 
$
(88
)
 
$
25

 
$
(563
)
 
 
 
 
 
 
 
 
 
 
Year ended December 31, 2017
 

 
 

 
 
 
 

 
 

Pensions and other postretirement
 
 
 
 
 
 
 
 
 
liabilities
$
(414
)
 
$
95

 
$

 
$
19

 
$
(300
)
Other comprehensive income
 
 
 
 
 
 
 
 
 
of equity investees
(73
)
 
17

 

 

 
(56
)
 
 
 
 
 
 
 
 
 
 
Accumulated other comprehensive
 
 
 
 
 
 
 
 
 
loss
$
(487
)
 
$
112

 
$

 
$
19

 
$
(356
)


The adoption of FASB ASU 2018-02 (see Note 1) resulted in an increase to “Accumulated other comprehensive loss” of $88 million and a corresponding increase to “Retained income,” with no impact on “Total stockholders’ equity.”

Other Comprehensive Income (Loss)
 
“Other comprehensive income (loss)” reported in the Consolidated Statements of Comprehensive Income consisted of the following:
 
Pretax
Amount
 
Tax
(Expense)
Benefit
 
Net-of-Tax
Amount
 
($ in millions)
Year ended December 31, 2018
 
 
 
 
 
Net gain (loss) arising during the year:
 
 
 
 
 
  Pensions and other postretirement benefits
$
(181
)
 
$
45

 
$
(136
)
  Reclassification adjustments for costs
 

 
 

 
 

      included in net income
33

 
(8
)
 
25

 
 
 
 
 
 
       Subtotal
(148
)
 
37

 
(111
)
 
 
 
 
 
 
Other comprehensive loss of equity investees
(9
)
 
1

 
(8
)
 
 
 
 
 
 
Other comprehensive loss
$
(157
)
 
$
38

 
$
(119
)
 
 
 
 
 
 
Year ended December 31, 2017
 

 
 

 
 

Net gain arising during the year:
 

 
 

 
 

  Pensions and other postretirement benefits
$
127

 
$
(32
)
 
$
95

  Reclassification adjustments for costs
 

 
 

 
 

      included in net income
28

 
(9
)
 
19

 
 
 
 
 
 
       Subtotal
155

 
(41
)
 
114

 
 
 
 
 
 
Other comprehensive income of equity investees
19

 
(2
)
 
17

 
 
 
 
 
 
Other comprehensive income
$
174

 
$
(43
)
 
$
131

 
 
 
 
 
 
Year ended December 31, 2016
 

 
 

 
 

Net gain (loss) arising during the year:
 

 
 

 
 

  Pensions and other postretirement benefits
$
(101
)
 
$
37

 
$
(64
)
  Reclassification adjustments for costs
 

 
 

 
 

      included in net income
27

 
(10
)
 
17

 
 
 
 
 
 
       Subtotal
(74
)
 
27

 
(47
)
 
 
 
 
 
 
Other comprehensive income of equity investees
5

 

 
5

 
 
 
 
 
 
Other comprehensive loss
$
(69
)
 
$
27

 
$
(42
)