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Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Changes in AOCI by Component
Changes in AOCI by component are as follows:
 
Three Months Ended June 30,
($ in millions)
Derivatives
 
Investments
 
Employee
Benefit
Plans
 
Cumulative
Translation
Adjustment
 
Accumulated Other
Comprehensive
Income (Loss)
Balance April 1, 2019, net of taxes
$
118

 
$
4

 
$
(3,541
)
 
$
(1,927
)
 
$
(5,346
)
Other comprehensive income (loss) before reclassification adjustments, pretax
10

 
55

 

 
(25
)
 
40

Tax
(2
)
 

 

 
6

 
4

Other comprehensive income (loss) before reclassification adjustments, net of taxes
8

 
55

 

 
(19
)
 
44

Reclassification adjustments, pretax
(76
)
(1) 
(11
)
(2) 
14

(3) 

 
(73
)
Tax
16

 

 
(3
)
 

 
13

Reclassification adjustments, net of taxes
(60
)

(11
)

11



 
(60
)
Other comprehensive income (loss), net of taxes
(52
)
 
44

 
11

 
(19
)
 
(16
)
Balance June 30, 2019, net of taxes
$
66

 
$
48

 
$
(3,530
)
 
$
(1,946
)
 
$
(5,362
)
Balance April 1, 2020, net of taxes
$
135

 
$

 
$
(4,201
)
 
$
(2,325
)
 
$
(6,391
)
Other comprehensive income (loss) before reclassification adjustments, pretax
(110
)
 

 
(21
)
 
63

 
(68
)
Tax
23

 

 
6

 
16

 
45

Other comprehensive income (loss) before reclassification adjustments, net of taxes
(87
)
 

 
(15
)
 
79

 
(23
)
Reclassification adjustments, pretax
(42
)
(1) 

 
69

(3) 

 
27

Tax
9

 

 
(15
)
 

 
(6
)
Reclassification adjustments, net of taxes
(33
)



54



 
21

Other comprehensive income (loss), net of taxes
(120
)
 

 
39

 
79

 
(2
)
Balance June 30, 2020, net of taxes
$
15


$


$
(4,162
)

$
(2,246
)

$
(6,393
)

 
Six Months Ended June 30,
($ in millions)
Derivatives
 
Investments
 
Employee
Benefit
Plans
 
Cumulative
Translation
Adjustment
 
Accumulated Other
Comprehensive
Income (Loss)
Balance January 1, 2019, net of taxes
$
166

 
$
(78
)
 
$
(3,556
)
 
$
(2,077
)
 
$
(5,545
)
Other comprehensive income (loss) before reclassification adjustments, pretax
(3
)
 
131

 
(1
)
 
131

 
258

Tax
1

 

 
6

 

 
7

Other comprehensive income (loss) before reclassification adjustments, net of taxes
(2
)
 
131

 
5

 
131

 
265

Reclassification adjustments, pretax
(124
)
(1) 
(5
)
(2) 
28

(3) 

 
(101
)
Tax
26

 

 
(7
)
 

 
19

Reclassification adjustments, net of taxes
(98
)
 
(5
)
 
21

 

 
(82
)
Other comprehensive income (loss), net of taxes
(100
)
 
126

 
26

 
131

 
183

Balance June 30, 2019, net of taxes
$
66


$
48


$
(3,530
)

$
(1,946
)

$
(5,362
)
Balance January 1, 2020, net of taxes
$
31

 
$
18

 
$
(4,261
)
 
$
(1,981
)
 
$
(6,193
)
Other comprehensive income (loss) before reclassification adjustments, pretax
68

 
3

 
(21
)
 
(270
)
 
(220
)
Tax
(14
)
 

 
11

 
5

 
2

Other comprehensive income (loss) before reclassification adjustments, net of taxes
54

 
3

 
(10
)
 
(265
)
 
(218
)
Reclassification adjustments, pretax
(89
)
(1) 
(21
)
(2) 
138

(3) 

 
28

Tax
19

 

 
(29
)
 

 
(10
)
Reclassification adjustments, net of taxes
(70
)
 
(21
)
 
109

 

 
18

Other comprehensive income (loss), net of taxes
(16
)
 
(18
)
 
99

 
(265
)
 
(200
)
Balance June 30, 2020, net of taxes
$
15


$


$
(4,162
)

$
(2,246
)

$
(6,393
)

(1) 
Relates to foreign currency cash flow hedges that were reclassified from AOCI to Sales.
(2) Represents net realized (gains) losses on the sales of available-for-sale debt securities that were reclassified from AOCI to Other (income) expense, net.
(3) Includes net amortization of prior service cost and actuarial gains and losses included in net periodic benefit cost (see Note 11).