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Accumulated Other Comprehensive Loss
12 Months Ended
Dec. 31, 2021
Accumulated Other Comprehensive Loss [Abstract]  
Accumulated Other Comprehensive Loss
Note 18—Accumulated Other Comprehensive
 
Loss
Accumulated other comprehensive
 
loss in the equity section of the balance sheet included:
Millions of Dollars
Defined
Benefit Plans
Net
Unrealized
Gain/(Loss)
on Securities
Foreign
Currency
Translation
Accumulated
Other
Comprehensive
Loss
December 31, 2018
$
(361)
-
(5,702)
(6,063)
Other comprehensive income (loss)
51
-
695
746
Cumulative effect of adopting
 
ASU No. 2018-02*
(40)
-
-
(40)
December 31, 2019
(350)
-
(5,007)
(5,357)
Other comprehensive income
(75)
2
212
139
December 31, 2020
(425)
2
(4,795)
(5,218)
Other comprehensive income (loss)
394
(2)
(124)
268
December 31, 2021
$
(31)
-
(4,919)
(4,950)
 
*We adopted ASU No. 2018-02, "Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income," beginning January 1,
2019.
During 2019, we recognized $
483
 
million of foreign currency translation
 
adjustments related to the completion
 
of
our sale of two ConocoPhillips U.K. subsidiaries.
 
The following table summarizes reclassifications
 
out of accumulated other comprehensive
 
loss during the years
ended December 31:
Millions of Dollars
2021
2020
Defined Benefit Plans
$
109
72
Above amounts are included in the computation of net periodic benefit cost and
 
are presented net of tax expense of:
$
31
13
See Note 16.