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Changes in Accumulated Other Comprehensive Losses (Tables)
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) The change in Accumulated Other Comprehensive Losses (AOCL) presented on the Consolidated Balance Sheet and the impact of significant amounts reclassified from AOCL on information presented in the Consolidated Statement of Income for the three months ended March 31, 2019 and 2018 are reflected in the table below.
Changes in Accumulated Other Comprehensive Income (Loss) by Component(1) 
 
 
 
(Millions of dollars)
 
Currency Translation Adjustment
 
Unrealized Holding Gains (Losses) on Securities
 
Derivatives
 
Defined Benefit Plans
 
Total
Balance at December 31, 2017
 
$
(105
)
 
$
(5
)
 
$
(2
)
 
$
(3,477
)
 
$
(3,589
)
Components of Other Comprehensive Income (Loss):
 
 
 
 
 
 
Before Reclassifications
 
10

 
(1
)
 

 
5

 
14

Reclassifications
 

 

 

 
116

 
116

Net Other Comprehensive Income (Loss)
 
10

 
(1
)
 

 
121

 
130

Balance at March 31, 2018
 
$
(95
)
 
$
(6
)
 
$
(2
)
 
$
(3,356
)
 
$
(3,459
)
 
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2018
 
$
(124
)
 
$
(10
)
 
$
(2
)
 
$
(3,408
)
 
$
(3,544
)
Components of Other Comprehensive Income (Loss):
 
 
 
 
 
 
Before Reclassifications
 
(4
)
 
(1
)
 

 
(4
)
 
(9
)
Reclassifications(2)
 

 

 

 
94

 
94

Net Other Comprehensive Income (Loss)
 
(4
)
 
(1
)
 

 
90

 
85

Balance at March 31, 2019
 
$
(128
)
 
$
(11
)
 
$
(2
)
 
$
(3,318
)
 
$
(3,459
)
_______________________________
(1) 
All amounts are net of tax.
(2) 
Refer to Note 9, Employee Benefits for reclassified components totaling $121 million that are included in employee benefit costs for the three months ended March 31, 2019. Related income taxes for the same period, totaling $27 million, are reflected in "Income Tax Expense" on the Consolidated Statement of Income. All other reclassified amounts were insignificant.