Note 15 - Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2024

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

NOTE 15: OTHER COMPREHENSIVE INCOME (LOSS)

The changes in Other comprehensive income (loss) by component were as follows:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(in millions)	2024			2023			2024			2023
Currency translation adjustments
Currency translation adjustments	$	12		$	(3	)	$	—		$	(15	)
Pension and other postretirement benefit plan changes
Newly established net loss		—			(1	)		—			(89	)
Newly established prior service cost		—			—			—			(29	)
Tax provision		—			—			—			—
Newly established net loss and prior service cost, net of tax		—			(1	)		—			(118	)
Reclassification adjustments:
Amortization of prior service cost (1)		2			3			8			6
Amortization of actuarial gains (1)		(9	)		(8	)		(28	)		(23	)
Total reclassification adjustments		(7	)		(5	)		(20	)		(17	)
Tax provision		—			—			—			—
Reclassification adjustments, net of tax		(7	)		(5	)		(20	)		(17	)
Pension and other postretirement benefit plan changes, net of tax		(7	)		(6	)		(20	)		(135	)
Other comprehensive income (loss)	$	5		$	(9	)	$	(20	)	$	(150	)

⁽¹⁾ Reclassified to Total Net Periodic Benefit Cost - refer to Note 12, "Retirement Plans and Other Postretirement Benefits".