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Share Repurchase Transactions and Accumulated Other Comprehensive Loss (Tables)
9 Months Ended
Sep. 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
Losses
on Available-
for-Sale
Securities

 

 

Foreign
Currency
Translation
Adjustments

 

 

Defined
Benefit
Plans

 

 

Total

 

Balances at December 31, 2022

 

$

(30

)

 

$

(373

)

 

$

(87

)

 

$

(490

)

Unrealized losses on available-for-sale securities, net of $1 income
   tax benefit

 

 

(4

)

 

 

 

 

 

 

 

 

(4

)

Foreign currency translation adjustments, net of $1 of income
   taxes

 

 

 

 

2

 

 

 

 

 

 

2

 

Expense reclassified into operations from other
   comprehensive loss

 

 

 

 

 

 

 

 

1

 

 

 

1

 

Balances at September 30, 2023

 

$

(34

)

 

$

(371

)

 

$

(86

)

 

$

(491

)