Accumulated Other Comprehensive Loss (Notes)

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

The changes in each component of accumulated other comprehensive loss ("AOCL") for the three and six months ended June 30, 2023 and 2022 were as follows:

Accumulated Other Comprehensive Loss	Three Months Ended				Six Months Ended
In millions	Jun 30, 2023		Jun 30, 2022		Jun 30, 2023		Jun 30, 2022
Unrealized Gains (Losses) on Investments
Beginning balance	$	(222)	$	(37)	$	(253)	$	59
Unrealized gains (losses) on investments	58		(203)		88		(324)
Tax (expense) benefit	39		43		39		67
Net unrealized gains (losses) on investments	97		(160)		127		(257)
(Gains) losses reclassified from AOCL to net income 1	(46)		9		(45)		10
Tax expense (benefit) 2	10		(2)		10		(2)
Net (gains) losses reclassified from AOCL to net income	(36)		7		(35)		8
Other comprehensive income (loss), net of tax	61		(153)		92		(249)
Ending balance	$	(161)	$	(190)	$	(161)	$	(190)
Cumulative Translation Adjustment
Beginning balance	$	(1,833)	$	(1,519)	$	(1,934)	$	(1,355)
Gains (losses) on foreign currency translation	(84)		(500)		—		(665)
Tax (expense) benefit	(12)		(3)		(10)		10
Net gains (losses) on foreign currency translation	(96)		(503)		(10)		(655)
(Gains) losses reclassified from AOCL to net income 3	(7)		(11)		8		(23)
Other comprehensive income (loss), net of tax	(103)		(514)		(2)		(678)
Ending balance	$	(1,936)	$	(2,033)	$	(1,936)	$	(2,033)
Pension and Other Postretirement Benefits
Beginning balance	$	(4,871)	$	(7,225)	$	(4,877)	$	(7,334)
Gains (losses) arising during the period	(5)		3		(3)		5
Amortization of net loss and prior service credits reclassified from AOCL to net income 4	2		156		5		313
Tax expense (benefit) 2	(1)		(37)		—		(87)
Net loss and prior service credits reclassified from AOCL to net income	1		119		5		226
Other comprehensive income (loss), net of tax	(4)		122		2		231
Ending balance	$	(4,875)	$	(7,103)	$	(4,875)	$	(7,103)
Derivative Instruments
Beginning balance	$	(139)	$	(15)	$	(75)	$	(347)
Gains (losses) on derivative instruments	(1)		260		(184)		680
Tax (expense) benefit	3		(27)		36		(83)
Net gains (losses) on derivative instruments	2		233		(148)		597
(Gains) losses reclassified from AOCL to net income 5	55		(108)		164		(142)
Tax expense (benefit) 2	(13)		12		(36)		14
Net (gains) losses reclassified from AOCL to net income	42		(96)		128		(128)
Other comprehensive income (loss), net of tax	44		137		(20)		469
Ending balance	$	(95)	$	122	$	(95)	$	122
Total AOCL ending balance	$	(7,067)	$	(9,204)	$	(7,067)	$	(9,204)

1.Reclassified to "Net sales" and "Sundry income (expense) - net."

2.Reclassified to "Provision for income taxes."

3.Reclassified to "Sundry income (expense) - net."

4.These AOCL components are included in the computation of net periodic benefit cost (credit) of the Company's defined benefit pension and other postretirement benefit plans. See Note 12 for additional information.

5.Reclassified to "Cost of sales," "Sundry income (expense) - net" and "Interest expense and amortization of debt discount."