ACCUMULATED OTHER COMPREHENSIVE LOSS

12 Months Ended

Dec. 31, 2022

Comprehensive income (loss) comprises both net income and the Other Comprehensive (loss) income resulting from the change in equity from transactions and other events and circumstances from non-owner sources.

The changes in Accumulated other comprehensive loss by component, net of tax, for the years ended December 31, 2022, 2021, and 2020 are as follows:


In millions	Foreign currency translation		Derivative contracts		Pension and post retirement benefit plans		Total
Balance at December 31, 2019	$	(308)	$	(3)	$	(72)	$	(383)
Other comprehensive income (loss) before reclassifications	48		6		(13)		41
Amounts reclassified from Accumulated other comprehensive loss	—		—		3		3
Other comprehensive income (loss), net	48		6		(10)		44
Balance at December 31, 2020	$	(260)	$	3	$	(82)	$	(339)
Other comprehensive (loss) income before reclassifications	(136)		(8)		13		(131)
Amounts reclassified from Accumulated other comprehensive loss	—		—		4		4
Other comprehensive (loss) income, net	(136)		(8)		17		(127)
Balance at December 31, 2021	$	(396)	$	(5)	$	(65)	$	(466)
Other comprehensive (loss) income before reclassifications	(200)		(4)		7		(197)
Amounts reclassified from Accumulated other comprehensive loss	—		—		2		2
Other comprehensive (loss) income, net	(200)		(4)		9		(195)
Balance at December 31, 2022	$	(596)	$	(9)	$	(56)	$	(661)

Amounts reclassified from Accumulated other comprehensive loss are recognized in "Other income, net" with the tax impact recognized in "Income tax expense" on the Consolidated Statements of Income.