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Stockholders' Equity (Tables)
 9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Accumulated Other Comprehensive Income
The components of accumulated other comprehensive income (loss) were 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, December 31, 2018
$
(3
)
 
$
2

 
$
—

 
$
(132
)
 
$
(133
)
 
Cumulative effect of accounting change (c)
—

 
1

 
—

 
—

 
1

Balance, January 1, 2019
$
(3
)
 
$
3

 
$
—

 
$
(132
)
 
$
(132
)
 
Other comprehensive income (loss) before reclassifications
(21
)
 
(23
)
 
—

 
1

 
(43
)
 
Amounts reclassified from accumulated other comprehensive income (loss)
—

 
(2
)
 
—

 
4

 
2

Net current-period other comprehensive income (loss)
(21
)
 
(25
)
 
—

 
5

 
(41
)
Balance, September 30, 2019
$
(24
)
 
$
(22
)
 
$
—

 
$
(127
)
 
$
(173
)
 
 
 
 
 
 
 
 
 
 
 
Balance, December 31, 2017
$
71

 
$
5

 
$
2

 
$
(102
)
 
$
(24
)
 
Cumulative effect of accounting change
7

 
1

 
(2
)
 
(12
)
 
(6
)
Balance, January 1, 2018
$
78

 
$
6

 
$
—

 
$
(114
)
 
$
(30
)
 
Other comprehensive income (loss) before reclassifications
(61
)
 
9

 
—

 
1

 
(51
)
 
Amounts reclassified from accumulated other comprehensive income (loss)
—

 
(1
)
 
—

 
4

 
3

Net current-period other comprehensive income (loss)
(61
)
 
8

 
—

 
5

 
(48
)
Balance, September 30, 2018
$
17

 
$
14

 
$
—

 
$
(109
)
 
$
(78
)
__________
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 and include a $101 million gain, net of tax, as of September 30, 2019 related to the Company’s hedge of its net investment in euro-denominated foreign operations (see Note 16–Financial Instruments).
(a) 
For the three and nine months ended September 30, 2019, the amount reclassified from accumulated other comprehensive income (loss) into corporate interest expense was $1 million ($0 million, net of tax) and $4 million ($2 million, net of tax), respectively. For the three and nine months ended September 30, 2018, the amounts reclassified from accumulated other comprehensive income (loss) into corporate interest expense were $2 million ($1 million, net of tax), in each period.
(b) 
For the three and nine months ended September 30, 2019, amounts reclassified from accumulated other comprehensive income (loss) into selling, general and administrative expenses were $2 million ($1 million, net of tax) and $6 million ($4 million, net of tax), respectively. For the three and nine months ended September 30, 2018, amounts reclassified from accumulated other
comprehensive income (loss) into selling, general and administrative expenses were $2 million ($2 million, net of tax) and $6 million ($4 million, net of tax), respectively.
(c) 
See Note 1–Basis of Presentation for the impact of adoption of ASU 2017-12.
Components Of Other Comprehensive Income
The components of other comprehensive income (loss) were as follows: 
 
 
Three Months Ended 
September 30,
 
Nine Months Ended 
September 30,
 
 
2019
 
2018
 
2019
 
2018
Net income
$
189

 
$
213

 
$
160

 
$
152

Other comprehensive income (loss):
 
 
 
 
 
 
 
 
Currency translation adjustments (net of tax of $(12), $(1), $(14), and $(6) respectively)
(31
)
 
(8
)
 
(21
)
 
(61
)
 
Net unrealized gain (loss) on cash flow hedges (net of tax of $2, $0, and $9, and $(3) respectively)
(4
)
 
—

 
(25
)
 
8

 
Minimum pension liability adjustment (net of tax of $(1), $0, $(1), and $(1), respectively)
1

 
2

 
5

 
5

 
 
(34
)
 
(6
)
 
(41
)
 
(48
)
Comprehensive income
$
155

 
$
207

 
$
119

 
$
104

__________
Currency translation adjustments exclude income taxes related to indefinite investments in foreign subsidiaries.