Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2022

Schedule of Noncontrolling Interests Represented by Preferred Stock [Table Text Block]


Shares in thousands			Number of Shares
Authorized			23,000
$4.50 Series, callable at $120			1,673
$3.50 Series, callable at $102			700

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]


(In millions)	Cumulative Translation Adjustment1		Derivative Instruments		Pension Benefit Plans		Other Benefit Plans		Unrealized Gain (Loss) on Investments		Total






2021
Balance January 1, 2021	$	(1,970)	$	(67)	$	(1,433)	$	590	$	(10)	$	(2,890)
Other comprehensive income (loss) before reclassifications	(424)		115		(6)		1		3		(311)
Amounts reclassified from accumulated other comprehensive income (loss)	—		(8)		32		(475)		7		(444)
Net other comprehensive income (loss)	(424)		107		26		(474)		10		(755)
Balance September 30, 2021	$	(2,394)	$	40	$	(1,407)	$	116	$	—	$	(3,645)

2022
Balance January 1, 2022	$	(2,543)	$	72	$	(396)	$	(31)	$	—	$	(2,898)
Other comprehensive income (loss) before reclassifications	(868)		92		107		3		—		(666)
Amounts reclassified from accumulated other comprehensive income (loss)	—		(50)		21		1		—		(28)
Net other comprehensive income (loss)	(868)		42		128		4		—		(694)

Balance September 30, 2022	$	(3,411)	$	114	$	(268)	$	(27)	$	—	$	(3,592)

1.The cumulative translation adjustment gain for the nine months ended September 30, 2022 was primarily driven by strengthening of the USD against the European Euro ("EUR"), Swiss Franc ("CHF"), Indian Rupee ("INR") and South African Rand ("ZAR"). The cumulative translation adjustment loss for the nine months ended September 30, 2021 was primarily driven by strengthening of the USD against the European Euro ("EUR"), Swiss Franc ("CHF") and Brazilian Real ("BRL").

Tax (Expense) Benefit of Other Comprehensive (Loss) Income


(In millions)	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Derivative instruments	$	(13)	$	(12)	$	(13)	$	(37)
Pension benefit plans - net	(30)		(3)		(35)		(8)
Other benefit plans - net	—		51		3		148

(Provision for) benefit from income taxes related to other comprehensive income (loss) items	$	(43)	$	36	$	(45)	$	103

Reclassification out of Accumulated Other Comprehensive (Loss) Income [Table Text Block]


(In millions)	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Derivative Instruments1:	$	33	$	6	$	(68)	$	(9)
Tax (benefit) expense2	(5)		(1)		18		1
After-tax	$	28	$	5	$	(50)	$	(8)
Amortization of pension benefit plans:
Prior service (benefit) cost3,4	$	—	$	—	$	(2)	$	(1)
Actuarial (gains) losses3,4	—		14		2		41

Settlement (gain) loss3,4	25		—		27		1
Total before tax	$	25	$	14	$	27	$	41
Tax (benefit) expense2	(6)		(3)		(6)		(9)
After-tax	$	19	$	11	$	21	$	32
Amortization of other benefit plans:
Prior service (benefit) cost3,4	$	—	$	(231)	$	(1)	$	(692)
Actuarial (gains) loss3,4	1		23		2		70
Curtailment (gain) loss	—		—		—		(1)
Total before tax	$	1	$	(208)	$	1	$	(623)
Tax (benefit) expense2	—		51		—		148
After-tax	$	1	$	(157)	$	1	$	(475)



Unrealized Loss on Investments4	$	—	$	—	$	—	$	7
Tax (benefit) expense2	—		—		—		—
After-tax	$	—	$	—	$	—	$	7
Total reclassifications for the period, after-tax	$	48	$	(141)	$	(28)	$	(444)

1.Reflected in cost of goods sold in the interim Consolidated Statements of Operations.

2.Reflected in provision for (benefit from) income taxes from continuing operations in the interim Consolidated Statements of Operations.

3.These accumulated other comprehensive income (loss) components are included in the computation of net periodic benefit credit of the company's pension and other benefit plans. See Note 14 - Pension Plans and Other Post Employment Benefits, for additional information.

4.Reflected in other income - net in the interim Consolidated Statements of Operations.