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Accumulated Other Comprehensive Loss and Shareholders' Equity
 9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Accumulated Other Comprehensive Loss and Shareholders' Equity ACCUMULATED OTHER COMPREHENSIVE LOSS AND SHAREHOLDERS’ EQUITY
The following tables detail the accumulated other comprehensive loss activity for the 2019 first three quarters and 2018 first three quarters:
($ in millions)
Foreign Currency Translation Adjustments
 
Derivative Instrument and Other Adjustments
 
Accumulated Other Comprehensive Loss
Balance at year-end 2018
$
(403
)
 
$
12

 
$
(391
)
Other comprehensive (loss) income before reclassifications (1)
(111
)
 
6

 
(105
)
Reclassification of income
—

 
(8
)
 
(8
)
Net other comprehensive loss
(111
)
 
(2
)
 
(113
)
Balance at September 30, 2019
$
(514
)
 
$
10

 
$
(504
)

($ in millions)
Foreign Currency Translation Adjustments
 
Derivative Instrument and Other Adjustments
 
Accumulated Other Comprehensive Loss
Balance at year-end 2017
$
(23
)
 
$
6

 
$
(17
)
Other comprehensive (loss) income before reclassifications (1)
(313
)
 
7

 
(306
)
Reclassification of losses
10

 
8

 
18

Net other comprehensive (loss) income
(303
)
 
15

 
(288
)
Adoption of ASU 2016-01
—

 
(4
)
 
(4
)
Balance at September 30, 2018
$
(326
)
 
$
17

 
$
(309
)

(1) 
Other comprehensive loss before reclassifications for foreign currency translation adjustments includes intra-entity foreign currency transactions that are of a long-term investment nature, which resulted in gains of $20 million for the 2019 first three quarters and $27 million for the 2018 first three quarters.
The following tables detail the changes in common shares outstanding and shareholders’ equity for the 2019 first three quarters and 2018 first three quarters:
(in millions, except per share amounts)
 
 
Common
Shares
Outstanding
 
 
Total
 
Class A Common Stock
 
Additional Paid-in-Capital
 
Retained Earnings
 
Treasury Stock, at Cost
 
Accumulated Other Comprehensive Loss
339.1

 
Balance at year-end 2018
$
2,225

 
$
5

 
$
5,814

 
$
8,982

 
$
(12,185
)
 
$
(391
)
—

 
Adoption of ASU 2016-02
1

 
—

 
—

 
1

 
—

 
—

—

 
Net income
375

 
—

 
—

 
375

 
—

 
—

—

 
Other comprehensive income
31

 
—

 
—

 
—

 
—

 
31

—

 
Dividends ($0.41 per share)
(139
)
 
—

 
—

 
(139
)
 
—

 
—

1.7

 
Share-based compensation plans
(62
)
 
—

 
(108
)
 
—

 
46

 
—

(6.7
)
 
Purchase of treasury stock
(828
)
 
—

 
—

 
—

 
(828
)
 
—

334.1

 
Balance at March 31, 2019
1,603

 
5

 
5,706

 
9,219

 
(12,967
)
 
(360
)
—

 
Net income
232

 
—

 
—

 
232

 
—

 
—

—

 
Other comprehensive income
34

 
—

 
—

 
—

 
—

 
34

—

 
Dividends ($0.48 per share)
(159
)
 
—

 
—

 
(159
)
 
—

 
—

0.2

 
Share-based compensation plans
30

 
—

 
23

 
—

 
7

 
—

(3.7
)
 
Purchase of treasury stock
(500
)
 
—

 
—

 
—

 
(500
)
 
—

330.6

 
Balance at June 30, 2019
1,240

 
5

 
5,729

 
9,292

 
(13,460
)
 
(326
)
—

 
Net income
387

 
—

 
—

 
387

 
—

 
—

—

 
Other comprehensive income
(178
)
 
—

 
—

 
—

 
—

 
(178
)
—

 
Dividends ($0.48 per share)
(157
)
 
—

 
—

 
(157
)
 
—

 
—

0.1

 
Share-based compensation plans
46

 
—

 
44

 
—

 
2

 
—

(3.8
)
 
Purchase of treasury stock
(500
)
 
—

 
—

 
—

 
(500
)
 
—

326.9

 
Balance at September 30, 2019
$
838

 
$
5

 
$
5,773

 
$
9,522

 
$
(13,958
)
 
$
(504
)
(in millions, except per share amounts)
 
 
Common
Shares
Outstanding
 
 
Total
 
Class A Common Stock
 
Additional Paid-in-Capital
 
Retained Earnings
 
Treasury Stock, at Cost
 
Accumulated Other Comprehensive Loss
359.1

 
Balance at year-end 2017 (as previously reported)
$
3,731

 
$
5

 
$
5,770

 
$
7,391

 
$
(9,418
)
 
$
(17
)
—

 
Adoption of ASU 2014-09
(149
)
 
—

 
—

 
(149
)
 
—

 
—

359.1

 
Balance at year-end 2017 (as adjusted)
3,582

 
5

 
5,770

 
7,242

 
(9,418
)
 
(17
)
—

 
Adoption of ASU 2016-01
—

 
—

 
—

 
4

 
—

 
(4
)
—

 
Adoption of ASU 2016-16
372

 
—

 
—

 
372

 
—

 
—

—

 
Net income
420

 
—

 
—

 
420

 
—

 
—

—

 
Other comprehensive income
162

 
—

 
—

 
—

 
—

 
162

—

 
Dividends ($0.33 per share)
(118
)
 
—

 
—

 
(118
)
 
—

 
—

1.3

 
Share-based compensation plans
(48
)
 
—

 
(85
)
 
—

 
37

 
—

(5.6
)
 
Purchase of treasury stock
(782
)
 
—

 
—

 
—

 
(782
)
 
—

354.8

 
Balance at March 31, 2018
3,588

 
5

 
5,685

 
7,920

 
(10,163
)
 
141

—

 
Net income
667

 
—

 
—

 
667

 
—

 
—

—

 
Other comprehensive loss
(385
)
 
—

 
—

 
—

 
—

 
(385
)
—

 
Dividends ($0.41 per share)
(145
)
 
—

 
—

 
(145
)
 
—

 
—

0.1

 
Share-based compensation plans
45

 
—

 
43

 
—

 
2

 
—

(6.2
)
 
Purchase of treasury stock
(850
)
 
—

 
—

 
—

 
(850
)
 
—

348.7

 
Balance at June 30, 2018
2,920

 
5

 
5,728

 
8,442

 
(11,011
)
 
(244
)
—

 
Net income
503

 
—

 
—

 
503

 
—

 
—

—

 
Other comprehensive loss
(65
)
 
—

 
—

 
—

 
—

 
(65
)
—

 
Dividends ($0.41 per share)
(141
)
 
—

 
—

 
(141
)
 
—

 
—

—

 
Share-based compensation plans
47

 
—

 
45

 
—

 
2

 
—

(6.7
)
 
Purchase of treasury stock
(841
)
 
—

 
—

 
—

 
(841
)
 
—

342.0

 
Balance at September 30, 2018
$
2,423

 
$
5

 
$
5,773

 
$
8,804

 
$
(11,850
)
 
$
(309
)