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Accumulated Other Comprehensive Loss (Tables)
6 Months Ended
Jun. 30, 2022
Accumulated Other Comprehensive Income [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
($ in millions)
Foreign Currency Translation Adjustments (a)
Pension and Other Postretirement Benefit Adjustments, net of tax (b)
Unrealized Gain on Derivatives, net of taxAccumulated Other Comprehensive Loss
January 1, 2021($1,663)($937)$1 ($2,599)
Current year deferrals to AOCL(58)(9)— (67)
Reclassifications from AOCL to net income— — 
June 30, 2021($1,721)($944)$1 ($2,664)
January 1, 2022($1,988)($763)$1 ($2,750)
Current year deferrals to AOCL(191)(4)— (195)
Reclassifications from AOCL to net income10 13 — 23 
June 30, 2022($2,169)($754)$1 ($2,922)
(a)The tax cost related to unrealized foreign currency translation adjustments on tax inter-branch transactions and net investment hedges as of June 30, 2022 and 2021 was $46 million and $22 million, respectively.
(b)The tax cost related to the adjustment for pension and other postretirement benefits as of June 30, 2022 and 2021 was $5 million and $1 million, respectively. Reclassifications from AOCL are included in the computation of net periodic benefit costs (See Note 10, "Pensions and Other Postretirement Benefits").