Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Mar. 31, 2021

The following table summarizes the changes in our balances of each component of accumulated other comprehensive loss (“AOCL”):

	For the Three Months Ended March 31,
	2021			2020
Currency translation adjustments:
Balance as of beginning of period	$	(189	)	$	(354	)
Currency translation adjustments		(9	)		(174	)
Amounts reclassified from AOCL⁽¹⁾		(11	)		1
Other comprehensive income (loss)		(20	)		(173	)
Distribution of RCPI⁽²⁾⁽³⁾		—			2
Balance as of end of period	$	(209	)	$	(525	)
Defined benefit plans:
Plans associated with continuing operations
Balance as of beginning of period	$	(160	)	$	(176	)
Balance as of end of period	$	(160	)	$	(176	)
Plans held for sale or distribution
Balance as of beginning of period	$	—		$	12
Distribution of RCPI⁽²⁾⁽³⁾		—			(13	)
Balance as of end of period	$	—		$	(1	)
AOCL
Balance as of beginning of period	$	(349	)	$	(518	)
Other comprehensive income (loss)		(20	)		(173	)
Distribution of RCPI⁽²⁾⁽³⁾		—			(11	)
Balance as of end of period	$	(369	)	$	(702	)

⁽¹⁾	The reclassification of currency translation adjustment amounts to earnings during the three months ended March 31, 2021 relates to the sale of the remaining South American closures business. See Note 3, Assets and Liabilities Held for Sale, for additional details.

⁽²⁾	Currencytranslation adjustment reclassifications associated with the distribution of RCPI are recorded directly to additional paid in capital. See Note 2, Discontinued Operations, for additional details.

⁽³⁾	Defined benefit plan reclassifications associated with the distribution of RCPI are recorded directly to retained earnings.