The components of accumulated other comprehensive income (loss) are as follows:



	Currency Translation Adjustments			Net Unrealized Gains (Losses) on Cash Flow Hedges ^(a)			Net Unrealized Gains (Losses) on Available-For-Sale Securities			Minimum Pension Liability Adjustment ^(b)			Accumulated Other Comprehensive Income (Loss)
Balance, January 1, 2016	$	(80	)	$	(2	)	$	—		$	(65	)	$	(147	)
Other comprehensive income (loss) before reclassifications	41			—			1			(57		)	(15		)
Amounts reclassified from accumulated other comprehensive income (loss)	—			4			—			4			8
Net current-period other comprehensive income (loss)	41			4			1			(53		)	(7		)
Balance, December 31, 2016	(39		)	2			1			(118		)	(154		)
Other comprehensive income (loss) before reclassifications	110			1			1			11			123
Amounts reclassified from accumulated other comprehensive income (loss)	—			2			—			5			7
Net current-period other comprehensive income (loss)	110			3			1			16			130
Balance, December 31, 2017	71			5			2			(102		)	(24		)
Cumulative effect of accounting change ^(c)	7			1			(2		)	(12		)	(6		)
Balance, January 1, 2018	78			6			—			(114		)	(30		)
Other comprehensive income (loss) before reclassifications	(81		)	(2		)	—			(23		)	(106		)
Amounts reclassified from accumulated other comprehensive income (loss)	—			(2		)	—			5			3
Net current-period other comprehensive income (loss)	(81		)	(4		)	—			(18		)	(103		)
Balance, December 31, 2018	$	(3	)	$	2		$	—		$	(132	)	$	(133	)

__________

All components of accumulated other comprehensive income (loss) are net of tax, except currency translation adjustments, which exclude income taxes related to indefinite investments in foreign subsidiaries (see Note 8-Income Taxes for impacts of the Tax Act) and include a $64 million gain, net of tax, related to the Company’s hedge of its investment in euro-denominated foreign operations (See Note 18-Financial Instruments).

^(a)

For the years ended December 31, 2018, 2017 and 2016, the amounts reclassified from accumulated other comprehensive income (loss) into corporate interest expense were $3 million ($2 million, net of tax), $4 million ($2 million, net of tax) and $6 million ($4 million, net of tax), respectively. For the year ended December 31, 2016, amount reclassified from accumulated other comprehensive income (loss) into vehicle interest expense was $1 million ($0 million, net of tax).


^(b)	For the years ended December 31, 2018, 2017 and 2016, amounts reclassified from accumulated other comprehensive income (loss) into selling, general and administrative expenses were $7 million ($5 million, net of tax), $8 million ($5 million, net of tax) and $6 million ($4 million, net of tax), respectively.


^(c)	See Note 2-Summary of Significant Accounting Policies for the impact of adoption of ASU 2016-01 and ASU 2018-02.