ACCUMULATED OTHER COMPREHENSIVE LOSS

3 Months Ended

Mar. 31, 2024

Comprehensive income presents a measure of all changes in shareholders' equity except for changes resulting from transactions with shareholders in their capacity as shareholders. The following summary sets forth the change in each component of Accumulated other comprehensive loss, net of tax (AOCI):


(In millions)	Currency Translation Adjustments		Net Actuarial (Loss) Gain and Prior Service Costs		Unrealized Gain (Loss) from Cash Flow Hedges		Accumulated Other Comprehensive (Loss) Gain
January 1, 2024	$	(18)	$	(637)	$	—	$	(655)
Other comprehensive (loss) gain, net of tax, before reclassifications	(7)		—		4		(3)
Amounts reclassified from AOCI, net of tax	—		6		(2)		4

Net current-period other comprehensive gain (loss), net of tax	(7)		6		2		1
March 31, 2024	$	(25)	$	(631)	$	2	$	(654)


(In millions)	Currency Translation Adjustments		Net Actuarial (Loss) Gain and Prior Service Costs		Unrealized (Loss) Gain from Cash Flow Hedges		Accumulated Other Comprehensive (Loss) Gain
January 1, 2023	$	(238)	$	(566)	$	8	$	(796)
Other comprehensive gain (loss), net of tax, before reclassifications	14		—		(4)		10
Amounts reclassified from AOCI, net of tax	—		5		(1)		4

Net current-period other comprehensive gain (loss), net of tax	14		5		(5)		14
March 31, 2023	$	(224)	$	(561)	$	3	$	(782)