Stockholders' Equity and Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Dec. 31, 2019

Stockholders' Equity and Accumulated Other Comprehensive Loss

Schedule of components of accumulated other comprehensive loss, net of related taxes

	Cumulative
	Foreign		Unrealized
	Currency		Gain			Unrecognized
	Translation		on			Pension
(Millions of dollars)	Adjustment		Investments			Cost			Total
Balance December 31, 2017	$	(297)	$	7		$	(64)		$	(354)
Other comprehensive loss before reclassifications		(52)		—			(1)			(53)
Amounts reclassified from accumulated other comprehensive loss to net loss		—		—			4	(a)		4
Other comprehensive income (loss), net of tax		(52)		—			3			(49)
Amounts reclassified from accumulated other comprehensive loss to retained earnings		—		(7)	(b)		—			(7)
Balance December 31, 2018	$	(349)	$	—		$	(61)		$	(410)
Other comprehensive loss before reclassifications		(20)		—			(14)			(34)
Amounts reclassified from accumulated other comprehensive loss to net earnings		—		—			4	(a)		4
Other comprehensive loss, net of tax		(20)		—			(10)			(30)
Balance December 31, 2019	$	(369)	$	—		$	(71)		$	(440)

^(a)This primarily represents the amortization of actuarial losses that was included in net periodic pension cost and recorded in operating income. See Note 10 for further discussion.

^(b)Effective January 1, 2018, upon adoption of new guidance, all unrealized gains (losses) on investments were included in the consolidated statement of comprehensive income. The AOCI balance as of December 31, 2017, was reclassified to retained earnings on January 1, 2018.