Accumulated Other Comprehensive Income/(Loss) (Tables)

6 Months Ended

Jun. 30, 2021

Accumulated Other Comprehensive Income/(Loss) [Abstract]

After-Tax Components Of Accumulated Other Comprehensive Loss

Reclassifications out of accumulated other comprehensive income/loss for the three and six months ended June 30, 2021 and 2020, were as follows (net of tax):

Millions	Defined ‎benefit ‎plans		Foreign ‎currency ‎translation		Total
Balance at April 1, 2021	$	(1,356)	$	(238)	$	(1,594)
Other comprehensive income/(loss) before reclassifications		(1)		19		18
Amounts reclassified from accumulated other comprehensive income/(loss) [a]		25		-		25
Net quarter-to-date other comprehensive income/(loss), ‎net of taxes of ($10) million		24		19		43
Balance at June 30, 2021	$	(1,332)	$	(219)	$	(1,551)
Balance at April 1, 2020	$	(1,128)	$	(201)	$	(1,329)
Other comprehensive income/(loss) before reclassifications		1		(61)		(60)
Amounts reclassified from accumulated other comprehensive income/(loss) [a]		17		-		17
Net quarter-to-date other comprehensive income/(loss), ‎net of taxes of ($5) million		18		(61)		(43)
Balance at June 30, 2020	$	(1,110)	$	(262)	$	(1,372)

[a]The accumulated other comprehensive income/loss reclassification components are 1) prior service cost/credit and 2) net actuarial loss which are both included in the computation of net periodic pension cost. See Note 5 Retirement Plans for additional details.

‎

Millions	Defined ‎benefit ‎plans		Foreign ‎currency ‎translation		Total
Balance at January 1, 2021	$	(1,381)	$	(212)	$	(1,593)
Other comprehensive income/(loss) before reclassifications		(2)		(7)		(9)
Amounts reclassified from accumulated other comprehensive income/(loss) [a]		51		-		51
Net year-to-date other comprehensive income/(loss), ‎net of taxes of ($18) million		49		(7)		42
Balance at June 30, 2021	$	(1,332)	$	(219)	$	(1,551)
Balance at January 1, 2020	$	(1,150)	$	(206)	$	(1,356)
Other comprehensive income/(loss) before reclassifications		3		(56)		(53)
Amounts reclassified from accumulated other comprehensive income/(loss) [a]		37		-		37
Net year-to-date other comprehensive income/(loss), ‎net of taxes of ($12) million		40		(56)		(16)
Balance at June 30, 2020	$	(1,110)	$	(262)	$	(1,372)

[a]The accumulated other comprehensive income/loss reclassification components are 1) prior service cost/credit and 2) net actuarial loss which are both included in the computation of net periodic pension cost. See Note 5 Retirement Plans for additional details.