Equity (Tables)

3 Months Ended

Mar. 31, 2018

Share repurchases for the three months ended March 31 were as follows:



(in millions, except average price)	2018		2017
Total number of shares purchased ¹	5.0		1.5
Average price paid per share ²	$	178.11	$	129.97
Total cash utilized	$	1,100	$	201


¹	The three months ended March 31, 2018 include shares received as part of our accelerated share repurchase agreement described in more detail below.


²	Average price paid per share information does not include the accelerated share repurchase agreement as discussed in more detail below.

Changes to redeemable noncontrolling interest during the three months ended March 31, 2018 were as follows:



(in millions)
Balance as of December 31, 2017	$	1,350
Net income attributable to noncontrolling interest	40
Distributions payable to noncontrolling interest	(28		)
Redemption value adjustment	(12		)
Balance as of March 31, 2018	$	1,350

The following table summarizes the changes in the components of accumulated other comprehensive loss for the three months ended March 31, 2018:



(in millions)	Foreign Currency Translation Adjustment			Pension and Postretirement Benefit Plans				Unrealized Gain (Loss) on Forward Exchange Contracts				Unrealized Gain (Loss) on Investments			Accumulated Other Comprehensive Loss
Balance as of December 31, 2017	$	(239	)	$	(402	)		$	2			(10		)	$	(649	)
Other comprehensive income before reclassifications	5			—				2				10			17
Reclassifications from accumulated other comprehensive loss to net earnings	—			3			¹	(1		)	²	—			2
Net other comprehensive income	5			3				1				10			19
Balance as of March 31, 2018	$	(234	)	$	(399	)		$	3			$	—		$	(630	)


¹	See Note 6 — Employee Benefits for additional details of items reclassed from accumulated other comprehensive loss to net earnings.


²	See Note 5 — Derivative Instruments for additional details of items reclassed from accumulated other comprehensive loss to net earnings.