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Accumulated Other Comprehensive Income (Loss)
 3 Months Ended
Mar. 30, 2019
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)

Stockholders’ equity includes certain items classified as AOCI, including:

•
Unrealized gain (loss) on anticipated sales hedging transactions relates to derivative instruments used to hedge the exposure related to currency exchange rates for forecasted Euro sales. These hedges are designated as cash flow hedges, and the Company defers income statement recognition of gains and losses until the hedged transaction occurs. See Note 7, Derivative Instruments for more details.
•
Unrealized (loss) on forward interest rate swaps hedging transactions refers to the hedging of the interest rate risk exposure associated with the variable rate commitment entered into for the Enterprise Acquisition. See Note 7, Derivative Instruments for more details.
•
Foreign currency translation adjustments relate to the Company’s non-U.S. subsidiary companies that have designated a functional currency other than the U.S. dollar. The Company is required to translate the subsidiary functional currency financial statements to dollars using a combination of historical, period-end, and average foreign exchange rates. This combination of rates creates the foreign currency translation adjustment component of AOCI.

The components of AOCI for the three months ended March 30, 2019 and March 31, 2018 are as follows (in millions):
 
 
Unrealized gain (loss) on sales hedging
 
Unrealized (loss) on forward interest rate swaps
 
Currency translation adjustments
 
Total
Balance at December 31, 2017
 
$
(9
)
 
$
(9
)
 
$
(34
)
 
$
(52
)
Other comprehensive (loss) income before reclassifications
 
(6
)
 
5

 
2

 
1

Amounts reclassified from AOCI(1)
 
5

 
1

 
—

 
6

Tax expense
 
—

 
(1
)
 
—

 
(1
)
Other comprehensive (loss) income
 
(1
)
 
5

 
2

 
6

Balance at March 31, 2018
 
$
(10
)
 
$
(4
)
 
$
(32
)
 
$
(46
)
 
 
 
 
 
 
 
 
 
Balance at December 31, 2018
 
$
12

 
$
—

 
$
(47
)
 
$
(35
)
Other comprehensive income before reclassifications
 
16

 
—

 
—

 
16

Amounts reclassified from AOCI(1)
 
(11
)
 
—

 
—

 
(11
)
Tax expense
 
(1
)
 
—

 
—

 
(1
)
Other comprehensive income
 
4

 
—

 
—

 
4

Balance at March 30, 2019
 
$
16

 
$
—

 
$
(47
)
 
$
(31
)

(1) See Note 7, Derivative Instruments regarding timing of reclassifications to operating results.