Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Jun. 30, 2024

Equity [Abstract]

Accumulated other comprehensive income, net of tax

The following tables summarize the change in the components of accumulated other comprehensive loss, excluding noncontrolling interests, for the periods presented.

in millions	Currency Translation		Cash Flow Hedges(1)		Postretirement Benefit Plans(2)		Total
Balance as of March 31, 2024	$	(340)	$	(62)	$	21	$	(381)
Other comprehensive loss before reclassifications	(22)		(113)		—		(135)
Amounts reclassified from accumulated other comprehensive loss, net	—		90		(2)		88
Net current-period other comprehensive loss	(22)		(23)		(2)		(47)
Balance as of June 30, 2024	$	(362)	$	(85)	$	19	$	(428)
	Currency Translation		Cash Flow Hedges(1)		Postretirement Benefit Plans(2)		Total
Balance as of March 31, 2023	$	(293)	$	(5)	$	60	$	(238)
Other comprehensive (loss) income before reclassifications	(16)		171		(2)		153
Amounts reclassified from accumulated other comprehensive loss, net	—		(47)		(1)		(48)
Net current-period other comprehensive (loss) income	(16)		124		(3)		105
Balance as of June 30, 2023	$	(309)	$	119	$	57	$	(133)

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(1)For additional information on our cash flow hedges, see Note 9 – Financial Instruments and Commodity Contracts.

(2)For additional information on our postretirement benefit plans, see Note 7 – Postretirement Benefit Plans.