XML 56 R36.htm IDEA: XBRL DOCUMENT v3.21.1
Other Comprehensive Earnings (Loss) (Tables)
 3 Months Ended
Mar. 31, 2021
Other Comprehensive Income Loss Net Of Tax Period Increase Decrease [Abstract]  
Components Of Other Comprehensive Earnings (Loss)

Components of other comprehensive earnings (loss) consist of the following:

 

 

Three Months Ended March 31,

 

 

 

2021

 

 

2020

 

Pension and postretirement benefit plans:

 

 

 

 

 

 

 

 

Beginning accumulated pension and postretirement benefits

 

$

(127

)

 

$

(119

)

Recognition of net actuarial loss and prior service cost in earnings (1)

 

 

1

 

 

 

2

 

Settlement of pension benefits (2)

 

 

15

 

 

 

—

 

Income tax expense

 

 

—

 

 

 

(1

)

Other (3)

 

 

7

 

 

 

—

 

Accumulated other comprehensive loss, net of tax

 

$

(104

)

 

$

(118

)

 

 

(1)

Recognition of net actuarial loss and prior service cost are included in the computation of net periodic benefit cost, which is a component of other, net in the accompanying consolidated statements of comprehensive earnings.

 

(2)

The Merger triggered settlement payments to certain plan participants, and the expense associated with this settlement is recognized as a component of restructuring and transaction costs in the accompanying consolidated statements of comprehensive earnings.

 

(3)

Includes a remeasurement of the pension obligation due to the change in control described above which was partially offset by a change in mortality assumption.