EQUITY

9 Months Ended

Sep. 30, 2021

Equity [Abstract]

EQUITY

EQUITY

A summary of changes in equity for the three months and nine months ended September 30, 2021 and 2020 is provided below:

	Three Months Ended September 30, 2021
In millions	Parent Company Investment		Accumulated Other Comprehensive Income (Loss)		Total Parent Company Equity
Balance, July 1, 2021	$	3,777	$	(1,493)	$	2,284
Net transfers to Parent	(457)		(30)		(487)
Special payment to Parent	(1,520)		—		(1,520)
Comprehensive income (loss)	92		(104)		(12)
Balance, September 30, 2021	$	1,892	$	(1,627)	$	265

	Nine Months Ended September 30, 2021
In millions	Parent Company Investment		Accumulated Other Comprehensive Income (Loss)		Total Parent Company Equity
Balance, January 1, 2021	$	3,592	$	(1,480)	$	2,112
Net transfers to Parent	(449)		(30)		(479)
Special payment to Parent	(1,520)		—		(1,520)
Comprehensive income (loss)	269		(117)		152
Balance, September 30, 2021	$	1,892	$	(1,627)	$	265

	Three Months Ended September 30, 2020
In millions	Parent Company Investment		Accumulated Other Comprehensive Income (Loss)		Total Parent Company Equity
Balance, July 1, 2020	$	3,633	$	(1,554)	$	2,079
Net transfers to Parent	(22)		—		(22)
Comprehensive income (loss)	51		(17)		34
Balance, September 30, 2020	$	3,662	$	(1,571)	$	2,091

	Nine Months Ended September 30, 2020
In millions	Parent Company Investment		Accumulated Other Comprehensive Income (Loss)		Total Parent Company Equity
Balance, January 1, 2020	$	3,746	$	(1,229)	$	2,517
Adoption of ASU 2016-13 expected credit losses on trade receivables and contract assets	1		—		1
Net transfers to Parent	(190)		—		(190)
Comprehensive income (loss)	105		(342)		(237)
Balance, September 30, 2020	$	3,662	$	(1,571)	$	2,091