Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2022

Comprehensive Income (Loss) [Abstract]

Note 12. Comprehensive Income (Loss)

Comprehensive income (loss), which includes net income (loss) and unrealized gain (loss) on derivative instruments, is disclosed in the accompanying condensed consolidated statements of operations and comprehensive income and condensed consolidated statements of changes in equity.

The following tables summarize the activity in AOCI, net of the related tax effects.





	Unrealized
	Loss
(In millions)	on Derivatives		Total
Balance as of December 31, 2021	$	(18)	$	(18)
Other comprehensive income before reclassifications:
Pre-tax amount		29		28
Tax provision		6		6
After-tax amount		22		22
Amounts reclassified from accumulated other comprehensive income⁽¹⁾		4		4
Net current period other comprehensive income		27		26
Balance as of September 30, 2022	$	8	$	8

Balance as of December 31, 2020	$	(33)	$	(33)
Other comprehensive income before reclassifications:
Pre-tax amount		5		5
Tax provision		1		1
After-tax amount		4		4
Amounts reclassified from accumulated other comprehensive income⁽¹⁾		6		6
Net current period other comprehensive income		10		10
Balance as of September 30, 2021	$	(24)	$	(24)

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(1)Amounts are net of tax. See reclassifications out of AOCI below for further details.

Reclassifications out of AOCI included the following components.



	Amounts Reclassified from Accumulated
	Other Comprehensive Income (Loss)
	Nine Months Ended
	September 30,				Condensed Consolidated Statements of
(In millions)	2022		2021		Operations and Comprehensive Income Location
Loss on interest rate swap contract	$	(5)	$	(8)	Interest expense
Impact of income taxes		1		2	Provision for income taxes
Total reclassifications related to derivatives	$	(4)	$	(6)
Total reclassifications for the period	$	(4)	$	(6)