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ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)
6 Months Ended
Jun. 30, 2022
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]  
Changes in Amounts Included in Our Accumulated Other Comprehensive Loss

Changes in amounts included in our accumulated other comprehensive loss by component are:

 

 

 

QUARTER ENDED

 

 

YEAR-TO-DATE ENDED

 

DOLLAR AMOUNTS IN MILLIONS

 

JUNE 2022

 

 

JUNE 2021

 

 

JUNE 2022

 

 

JUNE 2021

 

Pension(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

(709

)

 

$

(1,044

)

 

$

(720

)

 

$

(1,064

)

Other comprehensive income before reclassifications

 

 

59

 

 

 

100

 

 

 

51

 

 

 

96

 

Amounts reclassified from accumulated other comprehensive loss to earnings(2)

 

 

18

 

 

 

20

 

 

 

37

 

 

 

44

 

Total other comprehensive income

 

 

77

 

 

 

120

 

 

 

88

 

 

 

140

 

Balance at end of period

 

$

(632

)

 

$

(924

)

 

$

(632

)

 

$

(924

)

Other post-employment benefits(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

 

 

$

(11

)

 

$

(2

)

 

$

(12

)

Other comprehensive loss before reclassifications

 

 

(1

)

 

 

 

 

 

 

 

 

 

Amounts reclassified from accumulated other comprehensive loss to earnings(2)

 

 

1

 

 

 

1

 

 

 

2

 

 

 

2

 

Total other comprehensive income

 

 

 

 

 

1

 

 

 

2

 

 

 

2

 

Balance at end of period

 

$

 

 

$

(10

)

 

$

 

 

$

(10

)

Translation adjustments and other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

259

 

 

$

263

 

 

$

243

 

 

$

254

 

Translation adjustments

 

 

(25

)

 

 

15

 

 

 

(9

)

 

 

24

 

Total other comprehensive income (loss)

 

 

(25

)

 

 

15

 

 

 

(9

)

 

 

24

 

Balance at end of period

 

 

234

 

 

 

278

 

 

 

234

 

 

 

278

 

Accumulated other comprehensive loss, end of period

 

$

(398

)

 

$

(656

)

 

$

(398

)

 

$

(656

)

(1)

Amounts presented are net of tax.

(2)

Amounts of actuarial loss and prior service (cost) credit are components of net periodic benefit cost (credit). See Note 6: Pension and Other Post-Employment Benefit Plans.