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Accumulated Other Comprehensive Loss
3 Months Ended
Mar. 31, 2019
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss

Information Relating to 2019

The table below summarizes changes in accumulated other comprehensive loss recorded on our consolidated balance sheet by component for the three months ended March 31, 2019:
 
Pension Plans
 
Post-Retirement
Benefit Plans
 
Foreign Currency
Translation
Adjustment
and Other
 
Interest Rate Hedges
 
Total
 
(Dollars in millions)
Balance at December 31, 2018
$
(2,173
)
 
(58
)
 
(230
)
 

 
(2,461
)
Other comprehensive income (loss) before reclassifications

 

 
5

 
(17
)
 
(12
)
Amounts reclassified from accumulated other comprehensive income
41

 
3

 

 

 
44

Net current-period other comprehensive income (loss)
41

 
3

 
5

 
(17
)
 
32

Balance at March 31, 2019
$
(2,132
)
 
(55
)
 
(225
)
 
(17
)
 
(2,429
)


The table below presents further information about our reclassifications out of accumulated other comprehensive loss by component for the three months ended March 31, 2019:
Three Months Ended March 31, 2019
 
Decrease (Increase)
in Net Loss
 
Affected Line Item in Consolidated Statement of Operations
 
 
(Dollars in millions)
 
 
Amortization of pension & post-retirement plans(1)
 
 
 
 
Net actuarial loss
 
$
57

 
Other income (expense), net
Prior service cost
 
2

 
Other income (expense), net
Total before tax
 
59

 
 
Income tax benefit
 
(15
)
 
Income tax expense
Net of tax
 
$
44

 
 
________________________________________________________________________
(1)
See Note 7—Employee Benefits for additional information on our net periodic benefit (expense) income related to our pension and post-retirement plans.
Information Relating to 2018

The table below summarizes changes in accumulated other comprehensive loss recorded on our consolidated balance sheets by component for the three months ended March 31, 2018:
 
Pension Plans
 
Post-Retirement
Benefit Plans
 
Foreign Currency
Translation
Adjustment
and Other
 
Total
 
(Dollars in millions)
Balance at December 31, 2017
$
(1,731
)
 
(235
)
 
(29
)
 
(1,995
)
Other comprehensive income before reclassifications

 

 
79

 
79

Amounts reclassified from accumulated other comprehensive income
31

 
4

 

 
35

Net current-period other comprehensive income
31

 
4

 
79

 
114

Cumulative effect of adoption of ASU 2018-02, Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income
(375
)
 
(32
)
 

 
(407
)
Balance at March 31, 2018
$
(2,075
)
 
$
(263
)
 
$
50

 
(2,288
)


The table below presents further information about our reclassifications out of accumulated other comprehensive loss by component for the three months ended March 31, 2018:
Three Months Ended March 31, 2018
 
Decrease (Increase)
in Net Income
 
Affected Line Item in Consolidated Statement of Operations
 
 
(Dollars in millions)
 
 
Amortization of pension & post-retirement plans(1)
 
 
 
 
Net actuarial loss
 
$
44

 
Other income (expense), net
Prior service cost
 
3

 
Other income (expense), net
Total before tax
 
47

 
 
Income tax benefit
 
(12
)
 
Income tax expense
Net of tax
 
$
35

 
 
________________________________________________________________________
(1)
See Note 7—Employee Benefits for additional information on our net periodic benefit (expense) income related to our pension and post-retirement plans.