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Share Repurchase Transactions and Other Comprehensive Loss (Tables)
6 Months Ended
Jun. 30, 2023
Federal Home Loan Banks [Abstract]  
Components of Accumulated Other Comprehensive Loss

The components of accumulated other comprehensive loss are as follows (dollars in millions):

 

 

Unrealized
Gains (Losses)
on Available-
for-Sale
Securities

 

 

Foreign
Currency
Translation
Adjustments

 

 

Defined
Benefit
Plans

 

 

Total

 

Balances at December 31, 2022

 

$

(30

)

 

$

(373

)

 

$

(87

)

 

$

(490

)

Unrealized gains on available-for-sale securities

 

 

2

 

 

 

 

 

 

 

 

 

2

 

Foreign currency translation adjustments, net of $6 of income
   taxes

 

 

 

 

 

32

 

 

 

 

 

 

32

 

Balances at June 30, 2023

 

$

(28

)

 

$

(341

)

 

$

(87

)

 

$

(456

)