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Equity
9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
EQUITY
7.
EQUITY

Share Activity
There was no significant share activity during the nine months ended September 30, 2018 and 2017.
 
 
 
 
 
 
 
 

Common Stock Dividends
On October 31, 2018, our board of directors declared a quarterly cash dividend of $0.80 per common share payable on December 12, 2018 to holders of record at the close of business on November 20, 2018.

Accumulated Other Comprehensive Loss
Changes in accumulated other comprehensive loss by component, net of tax, were as follows (in millions):
 
Nine Months Ended September 30,
 
2018
 
2017
 
Foreign
Currency
Translation
Adjustment
 
Defined
Benefit
Plans
Items
 
Total
 
Foreign
Currency
Translation
Adjustment
 
Defined
Benefit
Plans
Items
 
Total
Balance as of beginning of period
$
(507
)
 
$
(433
)
 
$
(940
)
 
$
(1,021
)
 
$
(389
)
 
$
(1,410
)
Other comprehensive income (loss)
before reclassifications
(224
)
 

 
(224
)
 
509

 

 
509

Amounts reclassified from
accumulated other
comprehensive loss

 
20

 
20

 

 
8

 
8

Other comprehensive income (loss)
(224
)
 
20

 
(204
)
 
509

 
8

 
517

Reclassification of stranded income
tax effects of Tax Reform
to retained earnings per
ASU 2018-02 (see Note 1)

 
(91
)
 
(91
)
 

 

 

Balance as of end of period
$
(731
)
 
$
(504
)
 
$
(1,235
)
 
$
(512
)
 
$
(381
)
 
$
(893
)