XML 50 R36.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Shareholders' Equity (Tables)
3 Months Ended
Mar. 31, 2024
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The following tables set forth the changes in AOCI by component for the three months ended March 31, 2024 and the reclassifications out of AOCI for the three months ended March 31, 2024 and 2023:
Three months ended March 31, 2024
 Foreign Currency Translation AdjustmentDeferred Gain (Loss) on Hedging ActivitiesPension Liability AdjustmentUnrealized Gain (Loss) on InvestmentsTotal
 (In millions)
Balance at December 31, 2023$(2,539)$158 $(108)$$(2,487)
Other comprehensive income (loss) before reclassifications(77)(50)(2)(7)(136)
Gain (loss) on net investment hedges84 — — — 84 
Amounts reclassified from AOCI— (19)(2)— (21)
Tax effect(20)10 (1)(10)
Net of tax amount(13)(59)(3)(8)(83)
Balance at March 31, 2024$(2,552)$99 $(111)$(6)$(2,570)
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
Amount reclassified from AOCI
Three months ended March 31,Affected line item in the consolidated statements of earnings
Details about AOCI components20242023
(In millions)
Deferred loss (gain) on hedging activities
(19)104 Cost of products sold
(19)104 Total before tax
4 (18)Tax
$(15)$86 Net of tax
Pension liability adjustment
Amortization of defined benefit pension items:
Prior service loss (credit)$(5)$(11)Other (income) expense-net
Actuarial losses 3 (20)Other (income) expense-net
(2)(31)Total before tax
1 (12)Tax
$(1)$(43)Net of tax