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Equity (Tables)
6 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Schedule of Share Repurchases
Share repurchases for the periods ended June 30 were as follows: 
(in millions, except average price)
Three Months
 
Six Months
 
2018
 
2017
 
2018
 
2017
Total number of shares purchased 1

 
1.1

 
5.0

 
2.6

Average price paid per share 2
$

 
$
137.49

 
$
178.11

 
$
133.01

Total cash utilized
$

 
$
145

 
$
1,100

 
$
346


1 
The six months ended June 30, 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.
Schedule of Redeemable Noncontrolling Interest
Changes to redeemable noncontrolling interest during the six months ended June 30, 2018 were as follows:
(in millions)
 
Balance as of December 31, 2017
$
1,350

Net income attributable to noncontrolling interest
76

Distributions payable to noncontrolling interest
(64
)
Redemption value adjustment
69

Balance as of June 30, 2018
$
1,431


Schedule of Changes in the Components of Accumulated Other Comprehensive Loss
The following table summarizes the changes in the components of accumulated other comprehensive loss for the six months ended June 30, 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
(55
)
 
(14
)
 
(4
)
 

 
(73
)
Reclassifications from accumulated other comprehensive loss to net earnings

 
6

1 

1

2 


 
7

Net other comprehensive income
(55
)
 
(8
)
 
(3
)
 

 
(66
)
Amounts reclassified to retained income

 

 

 
10

3 

10

Balance as of June 30, 2018
$
(294
)
 
$
(410
)
 
$
(1
)
 
$

 
$
(705
)
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.
3 
On January 1, 2018, the unrealized loss on investments was reclassified to retained income. See Note 13 Recently Issued or Adopted Accounting Standards for additional details.