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Accumulated Other Comprehensive Income
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Accumulated Other Comprehensive Income

Note 10 – Accumulated Other Comprehensive Income

The following table summarizes the changes in our balances of each component of accumulated other comprehensive income. 

 

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2020

 

2019

 

 

2020

 

2019

 

 

 

(in millions)

 

 

(in millions)

 

Currency translation adjustments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of beginning of period

 

$

(8

)

$

(7

)

 

$

(6

)

$

(7

)

Currency translation adjustments

 

 

1

 

 

 

 

 

(1

)

 

 

Other comprehensive income (loss)

 

 

1

 

 

 

 

 

(1

)

 

 

Balance as of end of period

 

$

(7

)

$

(7

)

 

$

(7

)

$

(7

)

Employee benefit plans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of beginning of period

 

$

11

 

$

16

 

 

$

11

 

$

14

 

Adoption of new accounting principle

 

 

 

 

 

 

 

 

 

3

 

Amortization of actuarial gain

 

 

 

 

 

 

 

 

 

(1

)

Other comprehensive income (loss)

 

 

 

 

 

 

 

 

 

(1

)

Balance as of end of period

 

$

11

 

$

16

 

 

$

11

 

$

16

 

Accumulated other comprehensive income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of beginning of period

 

$

3

 

$

9

 

 

$

5

 

$

7

 

Adoption of new accounting principle

 

 

 

 

 

 

 

 

 

3

 

Other comprehensive income (loss)

 

 

1

 

 

 

 

 

(1

)

 

(1

)

Balance as of end of period

 

$

4

 

$

9

 

 

$

4

 

$

9