STOCKHOLDERS' EQUITY (Tables)

6 Months Ended

Jun. 30, 2024

Schedule of Changes in the Balance of AOCL, Net of Tax

Changes in the balance of AOCL, net of tax, consisted of the following (in millions):



	Postretirement Benefit Plans		Other, net		AOCL
Balance at December 31, 2023	$	(8,704)	$	(99)	$	(8,803)
Other comprehensive income (loss) before reclassifications	—		(32)		(32)

Amounts reclassified from AOCL

Amortization of net actuarial losses (a)	94		—		94
Amortization of net prior service credits (a)	(56)		—		(56)
Other	—		28		28
Total reclassified from AOCL	38		28		66
Total other comprehensive income (loss)	38		(4)		34
Balance at June 30, 2024	$	(8,666)	$	(103)	$	(8,769)

Balance at December 31, 2022	$	(7,866)	$	(157)	$	(8,023)
Other comprehensive income (loss) before reclassifications	—		5		5
Amounts reclassified from AOCL

Amortization of net actuarial losses (a)	58		—		58
Amortization of net prior service credits (a)	(132)		—		(132)
Other	—		13		13
Total reclassified from AOCL	(74)		13		(61)
Total other comprehensive income (loss)	(74)		18		(56)
Balance at June 25, 2023	$	(7,940)	$	(139)	$	(8,079)

(a)Reclassifications from AOCL related to postretirement benefit plans were recorded as a component of FAS income for each period presented. These amounts include $19 million and $(37) million, net of tax, for the quarters ended June 30, 2024 and June 25, 2023, which are comprised of the amortization of net actuarial losses of $47 million and $29 million for the quarters ended June 30, 2024 and June 25, 2023, and the amortization of net prior service credits of $28 million and $66 million for the quarters ended June 30, 2024 and June 25, 2023. See “Note 6 - Postretirement Benefit Plans”.