Equity

6 Months Ended

Jun. 30, 2020

Share Activity

There was no significant share activity during the six months ended June 30, 2020 and 2019.

Common Stock Dividends

On July 16, 2020, our board of directors declared a quarterly cash dividend of $0.98 per common share payable on September 2, 2020 to holders of record at the close of business on August 4, 2020.

Accumulated Other Comprehensive Loss

Changes in accumulated other comprehensive loss by component, net of tax, were as follows (in millions):



	Three Months Ended June 30,
	2020												2019
	Foreign Currency Translation Adjustment			Defined Benefit Plans Items			Gains (Losses) on Cash Flow Hedges			Total			Foreign Currency Translation Adjustment			Defined Benefit Plans Items			Gains on Cash Flow Hedges		Total
Balance as of beginning of period	$	(1,282	)	$	(663	)	$	8		$	(1,937	)	$	(869	)	$	(483	)	$	—	$	(1,352	)
Other comprehensive income (loss) before reclassifications	138			—			(2		)	136			(1		)	—			1		—
Amounts reclassified from accumulated other comprehensive loss	—			10			(8		)	2			—			2			—		2
Other comprehensive income (loss)	138			10			(10		)	138			(1		)	2			1		2
Balance as of end of period	$	(1,144	)	$	(653	)	$	(2	)	$	(1,799	)	$	(870	)	$	(481	)	$	1	$	(1,350	)



	Six Months Ended June 30,
	2020												2019
	Foreign Currency Translation Adjustment			Defined Benefit Plans Items			Gains (Losses) on Cash Flow Hedges			Total			Foreign Currency Translation Adjustment			Defined Benefit Plans Items			Gains on Cash Flow Hedges		Total
Balance as of beginning of period	$	(676	)	$	(672	)	$	(3	)	$	(1,351	)	$	(1,022	)	$	(485	)	$	—	$	(1,507	)
Other comprehensive income (loss) before reclassifications	(468		)	—			19			(449		)	152			—			1		153
Amounts reclassified from accumulated other comprehensive loss	—			19			(18		)	1			—			4			—		4
Other comprehensive income (loss)	(468		)	19			1			(448		)	152			4			1		157
Balance as of end of period	$	(1,144	)	$	(653	)	$	(2	)	$	(1,799	)	$	(870	)	$	(481	)	$	1	$	(1,350	)