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Accumulated Other Comprehensive Income (Loss)
6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)
The following table displays the changes in Accumulated Other Comprehensive Income (Loss) (“AOCL”) by component, net of tax, for the six months ended June 30, 2022 (in millions):

Cumulative
Translation
Adjustment
Pension and 
Postretirement
Costs
Derivative
Financial
Instruments
AOCL
Balance at December 31, 2021$(575)$(292)$(15)$(882)
Other comprehensive income (loss) before reclassifications(103)13 (84)
Amounts reclassified to earnings(2)10 
Net current period other comprehensive income (loss)(97)12 11 (74)
Balance at June 30, 2022$(672)$(280)$(4)$(956)
Reclassifications from AOCL to the results of operations for the three and six months ended June 30, 2022 and 2021 were pretax (income) expense of (in millions):

Three Months Ended
June 30,
Six Months Ended
 June 30,
2022202120222021
Cumulative translation adjustment (1)
$— $— $$— 
Pension and postretirement benefit plans (2)
11 
Derivative financial instruments (3)
(4)(3)11 

(1)See Footnote 2 for further information.
(2)See Footnote 11 for further information.
(3)See Footnote 10 for further information.

The income tax provision (benefit) allocated to the components of AOCL for the periods indicated are as follows (in millions):

Three Months Ended
June 30,
Six Months Ended
 June 30,
2022202120222021
Foreign currency translation adjustments$19 $(3)$20 $
Pension and postretirement benefit costs
Derivative financial instruments
Income tax provision (benefit) related to AOCL$24 $(1)$24 $14