Accumulated Other Comprehensive Loss

12 Months Ended

Dec. 31, 2023

Note 22. Accumulated Other Comprehensive Loss

The following table presents changes in AOCL by component for the years ended December 31, 2023, 2022 and 2021, after tax and minority interest:



(In millions) Income (Loss)	Foreign Currency Translation Adjustment			Unrealized Gains (Losses) from Securities		Unrecognized Net Actuarial Losses and Prior Service Costs			Deferred Derivative Gains (Losses)			Total
Balance at December 31, 2020	$	(1,284	)	$	—	$	(2,856	)	$	5		$	(4,135	)
Other comprehensive income (loss) before reclassifications		(118	)		—		153			1			36
Amounts reclassified from accumulated other comprehensive loss		—			—		138			(2	)		136
Balance at December 31, 2021	$	(1,402	)	$	—	$	(2,565	)	$	4		$	(3,963	)
Other comprehensive income (loss) before reclassifications		(261	)		1		162			—			(98	)
Amounts reclassified from accumulated other comprehensive loss		—			—		188			(2	)		186
Balance at December 31, 2022	$	(1,663	)	$	1	$	(2,215	)	$	2		$	(3,875	)
Other comprehensive income (loss) before reclassifications		50			—		(125	)		(5	)		(80	)
Amounts reclassified from accumulated other comprehensive loss		—			—		116			4			120
Balance at December 31, 2023	$	(1,613	)	$	1	$	(2,224	)	$	1		$	(3,835	)

The following table presents reclassifications out of AOCL for the years ended December 31, 2023, 2022 and 2021:


	Year Ended December 31,
(In millions) (Income) Expense	2023			2022			2021
Component of AOCL	Amount Reclassified from AOCL									Affected Line Item in the Consolidated Statements of Operations
Amortization of prior service cost and unrecognized gains and losses	$	106		$	125		$	139		Other (Income) Expense
Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements and divestitures		47			124			43		Other (Income) Expense / Rationalizations
Unrecognized Net Actuarial Losses and Prior Service Costs, before tax	$	153		$	249		$	182
Tax effect		(37	)		(61	)		(44	)	United States and Foreign Taxes
Net of tax	$	116		$	188		$	138		Goodyear Net Income (Loss)
Deferred Derivative (Gains) Losses	$	4		$	(2	)	$	(2	)	Cost of Goods Sold
Tax effect		—			—			—		United States and Foreign Taxes
Net of tax	$	4		$	(2	)	$	(2	)	Goodyear Net Income (Loss)
Total reclassifications	$	120		$	186		$	136		Goodyear Net Income (Loss)

The following table presents the details of comprehensive income (loss) attributable to minority shareholders:


	Year Ended December 31,
(In millions)	2023		2022			2021
Net Income Attributable to Minority Shareholders	$	2	$	7		$	16
Other Comprehensive Income (Loss):
Foreign currency translation		4		(14	)		(21	)
Decrease/Increase in net actuarial losses		—		(3	)		1
Other Comprehensive Income (Loss)	$	4	$	(17	)	$	(20	)
Comprehensive Income (Loss) Attributable to Minority Shareholders	$	6	$	(10	)	$	(4	)