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Other Comprehensive Income (Loss) (Tables)
9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Changes in AOCI by Component
Changes in AOCI by component are as follows:
Three Months Ended September 30,
($ in millions)DerivativesInvestmentsEmployee
Benefit
Plans
Cumulative
Translation
Adjustment
Accumulated Other
Comprehensive
Income (Loss)
Balance July 1, 2019, net of taxes$66 $48 $(3,530)$(1,946)$(5,362)
Other comprehensive income (loss) before reclassification adjustments, pretax186 (4)(84)106 
Tax(39)— — (33)(72)
Other comprehensive income (loss) before reclassification adjustments, net of taxes147 (4)(117)34 
Reclassification adjustments, pretax(71)
(1)
(25)
(2)
21 
(3)
— (75)
Tax15 — (2)— 13 
Reclassification adjustments, net of taxes(56)

(25)

19 

— (62)
Other comprehensive income (loss), net of taxes91 (17)15 (117)(28)
Balance September 30, 2019, net of taxes$157 $31 $(3,515)$(2,063)$(5,390)
Balance July 1, 2020, net of taxes$15 $— $(4,162)$(2,246)$(6,393)
Other comprehensive income (loss) before reclassification adjustments, pretax(195)— 50 (143)
Tax41 — 35 77 
Other comprehensive income (loss) before reclassification adjustments, net of taxes(154)— 85 (66)
Reclassification adjustments, pretax22 
(1)
— 72 
(3)
— 94 
Tax(5)— (13)— (18)
Reclassification adjustments, net of taxes17 

— 

59 

— 76 
Other comprehensive income (loss), net of taxes(137)— 62 85 10 
Balance September 30, 2020, net of taxes$(122)$— $(4,100)$(2,161)$(6,383)
Nine Months Ended September 30,
($ in millions)DerivativesInvestmentsEmployee
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, pretax183 139 (5)47 364 
Tax(38)— (33)(65)
Other comprehensive income (loss) before reclassification adjustments, net of taxes145 139 14 299 
Reclassification adjustments, pretax(195)
(1)
(30)
(2)
49 
(3)
— (176)
Tax41 — (9)— 32 
Reclassification adjustments, net of taxes(154)(30)40 — (144)
Other comprehensive income (loss), net of taxes(9)109 41 14 155 
Balance September 30, 2019, net of taxes$157 $31 $(3,515)$(2,063)$(5,390)
Balance January 1, 2020, net of taxes$31 $18 $(4,261)$(1,981)$(6,193)
Other comprehensive income (loss) before reclassification adjustments, pretax(126)(19)(220)(362)
Tax27 — 12 40 79 
Other comprehensive income (loss) before reclassification adjustments, net of taxes(99)(7)(180)(283)
Reclassification adjustments, pretax(68)
(1)
(21)
(2)
210 
(3)
— 121 
Tax14 — (42)— (28)
Reclassification adjustments, net of taxes(54)(21)168 — 93 
Other comprehensive income (loss), net of taxes(153)(18)161 (180)(190)
Balance September 30, 2020, net of taxes$(122)$— $(4,100)$(2,161)$(6,383)
(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 12).