Changes in and Reclassification out of Accumulated Other Comprehensive Income/(Loss) by Component (Tables)

3 Months Ended

Mar. 31, 2022

Summary of Changes in Accumulated Other Comprehensive Income/(Loss), Net of Tax by Component

The table below summarizes the changes in accumulated other comprehensive income/(loss), net of tax, by component for the three months ended March 31, 2022 and 2021.

	Currency
	Translation						Post-Employment
	Adjustments			Cash Flow Hedges			Benefits			Total
(IN MILLIONS)
Balance December 31, 2021	$	(647	)	$	(18	)	$	(73	)	$	(738	)
Other comprehensive (loss)/income before reclassifications		(22	)		9			13			—
Amounts reclassified from accumulated other comprehensive loss		—			4			1			5
Net current period other comprehensive (loss)/income		(22	)		13			14			5
Net current period other comprehensive income attributable to noncontrolling interest		1			—			—			1
Net current period other comprehensive (loss)/income attributable to Nielsen shareholders		(23	)		13			14			4
Balance March 31, 2022	$	(670	)	$	(5	)	$	(59	)	$	(734	)

	Currency
	Translation						Post-Employment
	Adjustments			Cash Flow Hedges			Benefits			Total
(IN MILLIONS)
Balance December 31, 2020	$	(821	)	$	(39	)	$	(245	)	$	(1,105	)
Other comprehensive (loss)/income before Reclassifications		(5	)		1			—			(4	)
Amounts reclassified from accumulated other comprehensive loss		233			4			144			381
Net current period other comprehensive income		228			5			144			377
Net current period other comprehensive loss attributable to noncontrolling interest		(2	)		—			—			(2	)
Net current period other comprehensive income attributable to Nielsen shareholders		230			5			144			379
Balance March 31, 2021	$	(591	)	$	(34	)	$	(101	)	$	(726	)

Summary of Reclassification of Accumulated Other Comprehensive Loss by Component

The table below summarizes the reclassification of accumulated other comprehensive loss by component for the three months ended March 31, 2022 and 2021, respectively.

	Amount Reclassified from
	Accumulated Other
(IN MILLIONS)	Comprehensive Loss/(Income)
Details about Accumulated							Affected Line Item in the
Other Comprehensive	Three Months Ended			Three Months Ended			Condensed Consolidated
Income components	March 31, 2022			March 31, 2021			Statement of Operations
Currency Translation Adjustments
Currency translation (gains)/losses on dispositions(2)	$	—		$	233		Net income/(loss) from discontinued operations
Cash flow hedges
Interest rate contracts	$	5		$	6		Interest (income)/expense
		(1	)		(2	)	(Benefit)/provision for income taxes
	$	4		$	4		Total, net of tax
Post-Employment Benefits
Amortization of actuarial loss(1)	$	3		$	4		Other expense, net
		(2	)		(1	)	(Benefit)/provision for income taxes
	$	1		$	3		Total, net of tax
Unrealized (gains)/losses on pension liability on dispositions(2)	$	—		$	183		Net income/(loss) from discontinued operations
		—			(42	)	(Benefit)/provision for income taxes
	$	—		$	141		Total, net of tax
Total Post-Employment Benefits reclassified from accumulated other comprehensive (income)/loss	$	1		$	144
Total reclassification for the period	$	5		$	381		Net of tax

(1)

This accumulated other comprehensive loss component is included in the computation of net periodic pension cost.

(2)

The sale of Global Connect resulted in a total reclassification from accumulated other comprehensive income of $374 million, including accumulated currency translation adjustment of $233 million, and unrealized gain on pension liability of $141 million, net of taxes for the three months ended March 31, 2021.