ACCUMULATED OTHER COMPREHENSIVE LOSS

3 Months Ended

Mar. 31, 2022

Equity [Abstract]

ACCUMULATED OTHER COMPREHENSIVE LOSS

ACCUMULATED OTHER COMPREHENSIVE LOSS

The following tables summarize the activity within accumulated other comprehensive loss during the three months ended March 31, 2022 and 2021:

(in millions)	Foreign currency translation adjustments		Hedge instruments		Defined benefit retirement plans		Total
Beginning balance, December 31, 2021	$	(423)	$	—	$	(128)	$	(551)
Comprehensive (loss) income before reclassifications	(18)		(1)		3		(16)
Income taxes associated with comprehensive (loss) income before reclassifications	—		—		—		—
Reclassification from accumulated other comprehensive loss	—		1		2		3
Income taxes reclassified into net earnings	—		—		—		—
Ending balance, March 31, 2022	$	(441)	$	—	$	(123)	$	(564)

(in millions)	Foreign currency translation adjustments		Hedge instruments		Defined benefit retirement plans		Total
Beginning balance, December 31, 2020	$	(321)	$	—	$	(330)	$	(651)
Comprehensive (loss) income before reclassifications	(73)		(6)		4		(75)
Income taxes associated with comprehensive (loss) income before reclassifications	(14)		—		1		(13)
Reclassification from accumulated other comprehensive loss	—		—		4		4
Income taxes reclassified into net earnings	—		—		(1)		(1)
Ending balance, March 31, 2021	$	(408)	$	(6)	$	(322)	$	(736)