Accumulated Other Comprehensive Loss, Excluding Noncontrolling Interests (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of Changes in Accumulated Other Comprehensive Loss, Net of Tax


The following summarizes the changes, net of tax, in Accumulated other comprehensive loss:
	Net Unrealized Gains/(Losses)						Benefit Plans
(MILLIONS)	Foreign Currency Translation Adjustments(a)		Derivative Financial Instruments		Available-For-Sale Securities		Prior Service (Costs)/Credits and Other		Accumulated Other Comprehensive Income/(Loss)
Balance, January 1, 2021	$	(5,450)	$	(428)	$	116	$	452	$	(5,310)
Other comprehensive income/(loss)(b)	(722)		547		(336)		(75)		(587)

Balance, December 31, 2021	(6,172)		119		(220)		377		(5,897)
Other comprehensive income/(loss)(b)	(2,188)		(531)		440		(129)		(2,407)
Balance, December 31, 2022	(8,360)		(412)		220		248		(8,304)
Other comprehensive income/(loss)(b)	497		195		(229)		(120)		343
Balance, December 31, 2023	$	(7,863)	$	(217)	$	(9)	$	128	$	(7,961)

(a)Amounts do not include foreign currency translation adjustments attributable to noncontrolling interests.

(b)Foreign currency translation adjustments include net losses in 2023, 2022 and 2021 related to the impact of our net investment hedging program and our equity-method investment in Haleon/the Consumer Healthcare JV (see Note 2C).