Shareholders' Equity (Tables)

9 Months Ended

Sep. 30, 2024

Schedule of Accumulated Other Comprehensive Income (Loss)

Changes in Accumulated other comprehensive loss (AOCI) by component for the nine and three months ended September 30, 2024 and 2023, 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, 2023	($167)		($24)	($9,359)		($9,550)
Other comprehensive (loss)/income before reclassifications	(29)	1	(60)	(5)		(93)
Amounts reclassified from AOCI			2	(67)	(2)	(65)
Net current period Other comprehensive (loss)/income	(29)	1	(58)	(72)		(158)
Balance at September 30, 2023	($196)	$1	($82)	($9,431)		($9,708)

Balance at January 1, 2024	($134)	$2	$12	($10,185)		($10,305)
Other comprehensive income/(loss) before reclassifications	30	1	(13)	(12)		6
Amounts reclassified from AOCI			26			26
Net current period Other comprehensive income/(loss)	30	1	13	(12)		32
Balance at September 30, 2024	($104)	$3	$25	($10,197)		($10,273)

Balance at June 30, 2023	($157)		($51)	($9,409)		($9,617)
Other comprehensive (loss)/income before reclassifications	(39)	1	(35)	1		(72)
Amounts reclassified from AOCI			4	(23)	(2)	(19)
Net current period Other comprehensive (loss)/income	(39)	1	(31)	(22)		(91)
Balance at September 30, 2023	($196)	$1	($82)	($9,431)		($9,708)

Balance at June 30, 2024	($158)	$2	($38)	($10,198)		($10,392)
Other comprehensive income before reclassifications	54	1	63	1		119
Amounts reclassified from AOCI
Net current period Other comprehensive income	54	1	63	1		119
Balance at September 30, 2024	($104)	$3	$25	($10,197)		($10,273)

(1) Net of tax.

(2) Primarily relates to the amortization of prior service credits and actuarial gains included in net periodic benefit cost for the nine and three months ended September 30, 2023 totaling ($67) and ($23) (net of tax of $18 and $5).