Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2020

Equity [Abstract]

Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

The following table presents a summary of amounts reclassified from accumulated other comprehensive income (loss):

	Three Months Ended March 31,
(In millions)	2020			2019			Income Statement Line
Postretirement and postemployment plans
Amortization of prior service credit	$	6		$	6		Other net periodic benefit costs
Amortization of actuarial loss	(3		)	(2		)	Other net periodic benefit costs
Net settlement loss	(2		)	—			Other net periodic benefit costs
Total reclassifications to expense, net of tax (a)	$	1		$	4		Net income

^(a) 

During 2020 and 2019 we had a full valuation allowance on net federal deferred tax assets and as such, there is no tax impact to our postretirement and postemployment plans.