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Stockholders' Equity
 9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
Stockholders' Equity
Stockholders' Equity
TREASURY STOCK
Changes in treasury stock for the nine months ended September 30, 2018 and 2017 were as follows:
 
2018
 
2017
(millions, except share data)
Treasury Shares (000)
 
Treasury Stock
 
Treasury Shares (000)
 
Treasury Stock
Balance as of January 1
(5,571
)
 
$
(169
)
 
—

 
$
—

Repurchase of common stock for tax withholdings related to stock-based compensation
(204
)
 
(7
)
 
(115
)
 
(4
)
Repurchase of common stock under share repurchase program (a)
(2,156
)
 
(76
)
 
(5,150
)
 
(153
)
Stock reissuances
1,175

 
43

 
227

 
7

Balance as of September 30
(6,756
)
 
$
(209
)
 
(5,038
)
 
$
(150
)

(a)
The Merger Agreement limits our ability to repurchase shares of our common stock, subject to certain exceptions, and share repurchases under the program will not continue so long as the Merger Agreement is in effect.
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
Changes in the balances of each component of AOCI for the nine months ended September 30, 2018 and 2017 were as follows:
 
Derivatives
 
Defined Benefit Plans
 
Foreign
Currency Translation
 
AOCI
(millions)
2018
 
2017
 
2018
 
2017
 
2018
 
2017
 
2018
 
2017
Balance as of January 1
$
16

 
$
27

 
$
(297
)
 
$
(246
)
 
$
(108
)
 
$
(166
)
 
$
(389
)
 
$
(385
)
Other comprehensive income (loss) before reclassifications, net of tax
1

 
(11
)
 
2

 
(12
)
 
(22
)
 
58

 
(19
)
 
35

Less: Amounts reclassified from AOCI, net of tax
(3
)
 
(1
)
 
(4
)
 
(13
)
 
(4
)
 
—

 
(11
)
 
(14
)
Net other comprehensive income (loss)
4

 
(10
)
 
6

 
1

 
(18
)
 
58

 
(8
)
 
49

Balance as of September 30
$
20

 
$
17

 
$
(291
)
 
$
(245
)
 
$
(126
)
 
$
(108
)
 
$
(397
)
 
$
(336
)

Amounts reclassified from AOCI, net of tax, for the three and nine months ended September 30, 2018 and 2017, were as follows:
 
Three months ended September 30,
 
Nine months ended September 30,
(millions)
2018
 
2017
 
2018
 
2017
Derivatives
 
 
 
 
 
 
 
Net reclassification from AOCI for cash flow hedges included in cost of products sold
$
(1
)
 
$
(1
)
 
$
(3
)
 
$
(2
)
Less: Income tax benefit on reclassification from AOCI included in income tax expense
—

 
(1
)
 
—

 
(1
)
Net amount reclassified from AOCI
$
(1
)
 
$
—

 
$
(3
)
 
$
(1
)
 
 
 
 
 
 
 
 
Defined Benefit Plans
 
 
 
 
 
 
 
Net reclassification in AOCI for amortization of prior service cost included in other income, net
$
(2
)
 
$
(3
)
 
$
(6
)
 
$
(10
)
Net reclassification from AOCI for amortization of prior service cost included in (loss) income from discontinued operations, net of tax
—

 
—

 
—

 
(8
)
Less: Income tax benefit on reclassification from AOCI included in income tax expense
(1
)
 
(2
)
 
(2
)
 
(5
)
Net amount reclassified from AOCI
$
(1
)
 
$
(1
)
 
$
(4
)
 
$
(13
)
 
 
 
 
 
 
 
 
Foreign Currency Translation
 
 
 
 
 
 
 
Net reclassification from AOCI for translation gains realized upon the sale of foreign equity method investment included in other (expense) income, net
$
—

 
$
—

 
$
(6
)
 
$
—

Less: Income tax expense on reclassification from AOCI included in income tax expense (benefit)
—

 
—

 
(2
)
 
—

Net amount reclassified from AOCI
$
—

 
$
—

 
$
(4
)
 
$
—



We estimate that we will reclassify a net $2 million after-tax loss on derivatives from AOCI to earnings within the next 12 months.