Shareholders' Equity

3 Months Ended

Mar. 31, 2022

Equity [Abstract]

Shareholders' Equity

Shareholders' Equity

Accumulated Other Comprehensive Loss

Changes in Accumulated other comprehensive loss (AOCI) by component for the three months ended March 31, 2022 and 2021 were as follows:

	Currency Translation Adjustments	Unrealized Gains and Losses on Certain Investments	Unrealized Gains and Losses on Derivative Instruments		Defined Benefit Pension Plans & Other Postretirement Benefits		Total (1)
Balance at January 1, 2021	($30)	$1	($43)		($17,061)		($17,133)
Other comprehensive (loss)/income before reclassifications	(36)		11		2		(23)
Amounts reclassified from AOCI			(2)		206	(2)	204
Net current period Other comprehensive (loss)/income	(36)		9		208		181
Balance at March 31, 2021	($66)	$1	($34)		($16,853)		($16,952)
Balance at January 1, 2022	($105)	$1	$6		($11,561)		($11,659)
Other comprehensive income before reclassifications	24		94				118
Amounts reclassified from AOCI			35	(3)	136	(2)	171
Net current period Other comprehensive income	24		129		136		289
Balance at March 31, 2022	($81)	$1	$135		($11,425)		($11,370)

(1)     Net of tax.

(2)    Primarily relates to amortization of actuarial losses for the three months ended March 31, 2022 and 2021 of $159 and $228 (net of tax of ($40) and ($65)). These are included in the net periodic pension cost.

(3)    Includes losses of $39 (net of tax of ($11)) from cash flow hedges reclassified to Other income, net because the forecasted transactions are no longer probable of occurring.