XML 72 R44.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Other Comprehensive Income (Loss) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Equity [Abstract] |
Schedule of Accumulated Other Comprehensive Income (Loss) | The following table summarizes the activity related to each component of other comprehensive income (loss):
| Continuing Operations |  |  |  |
(Amounts presented net of taxes) | Foreign Currency Translation Gains (Losses) |  | Unrealized Net Gains (Losses) on Securities |  | Defined Benefit Pension and Retiree Health Benefit Plans |  | Effective Portion of Cash Flow Hedges |  | Discontinued Operations |  | Accumulated Other Comprehensive Loss
Beginning balance at January 1, 2019(1) | $ | (1,569.7) |  |  | $ | (22.1) |  |  | $ | (3,852.7) |  |  | $ | (238.9) |  |  | $ | (56.8) |  |  | $ | (5,740.2) |
Other comprehensive income (loss) before reclassifications | (46.2) |  |  | 28.9 |  |  | (967.6) |  |  | 14.5 |  |  | (27.2) |  |  | (997.6) |
Net amount reclassified from accumulated other comprehensive loss | (62.1) |  |  | (1.9) |  |  | 181.7 |  |  | 12.5 |  |  | 84.0 |  |  | 214.2 |
Net other comprehensive income (loss) | (108.3) |  |  | 27.0 |  |  | (785.9) |  |  | 27.0 |  |  | 56.8 |  |  | (783.4) |
Balance at December 31, 2019 | (1,678.0) |  |  | 4.9 |  |  | (4,638.6) |  |  | (211.9) |  |  | — |  |  | (6,523.6) |
Other comprehensive income (loss) before reclassifications | 250.5 |  |  | 6.8 |  |  | (379.7) |  |  | (133.8) |  |  | — |  |  | (256.2) |
Net amount reclassified from accumulated other comprehensive loss | — |  |  | 3.1 |  |  | 267.3 |  |  | 13.0 |  |  | — |  |  | 283.4 |
Net other comprehensive income (loss) | 250.5 |  |  | 9.9 |  |  | (112.4) |  |  | (120.8) |  |  | — |  |  | 27.2 |
Balance at December 31, 2020 | (1,427.5) |  |  | 14.8 |  |  | (4,751.0) |  |  | (332.7) |  |  | — |  |  | (6,496.4) |
Other comprehensive income (loss) before reclassifications | (122.7) |  |  | (11.9) |  |  | 1,823.4 |  |  | 106.6 |  |  | — |  |  | 1,795.4 |
Net amount reclassified from accumulated other comprehensive loss | — |  |  | 0.8 |  |  | 344.0 |  |  | 13.1 |  |  | — |  |  | 357.9 |
Net other comprehensive income (loss) | (122.7) |  |  | (11.1) |  |  | 2,167.4 |  |  | 119.7 |  |  | — |  |  | 2,153.3 |
Ending balance at December 31, 2021 | $ | (1,550.2) |  |  | $ | 3.7 |  |  | $ | (2,583.6) |  |  | $ | (213.0) |  |  | $ | — |  |  | $ | (4,343.1) |
(1) Accumulated other comprehensive loss as of January 1, 2019 consists of $5.73 billion of accumulated other comprehensive loss attributable to controlling interest and $11.0 million of accumulated other comprehensive loss attributable to noncontrolling interest. The tax effects on the net activity related to each component of other comprehensive income (loss) for the years ended December 31, were as follows:
Tax benefit (expense) | 2021 |  | 2020 |  | 2019
Foreign currency translation gains/losses | $ | (136.2) |  |  | $ | 128.3 |  |  | $ | (18.4) |
Unrealized net gains/losses on securities | 4.7 |  |  | (4.3) |  |  | (7.4) |
Defined benefit pension and retiree health benefit plans | (532.0) |  |  | 44.8 |  |  | 184.1 |
Effective portion of cash flow hedges | (31.8) |  |  | 32.1 |  |  | (7.3) |
Benefit/(provision) for income taxes allocated to other comprehensive income (loss) items | $ | (695.3) |  |  | $ | 200.9 |  |  | $ | 151.0 |
Schedule of Amounts Recognized in Other Comprehensive Loss | Reclassifications out of accumulated other comprehensive loss were as follows:
Details about Accumulated Other Comprehensive Loss Components | Year Ended December 31, | Affected Line Item in the Consolidated Statements of Operations
2021 |  | 2020 |  | 2019
Amortization of retirement benefit items: |  |  |  |  |  |
Prior service benefits, net | $ | (55.4) |  |  | $ | (55.0) |  |  | $ | (56.8) |  | Other—net, (income) expense
Actuarial losses | 490.9 |  |  | 393.3 |  |  | 286.8 |  | Other—net, (income) expense
Total before tax | 435.5 |  |  | 338.3 |  |  | 230.0 |  |
Tax benefit | (91.5) |  |  | (71.0) |  |  | (48.3) |  | Income taxes
Net of tax | 344.0 |  |  | 267.3 |  |  | 181.7 |  |
Other, net of tax | 13.9 |  |  | 16.1 |  |  | (51.5) |  | Other—net, (income) expense
Reclassifications from continuing operations (net of tax) | 357.9 |  |  | 283.4 |  |  | 130.2 |  |
Reclassifications from discontinued operations (net of tax) | — |  |  | — |  |  | 84.0 |  | Net income from discontinued operations
Total reclassifications for the period, net of tax | $ | 357.9 |  |  | $ | 283.4 |  |  | $ | 214.2 |  |

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=124509347&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration