Changes in Accumulated Other Comprehensive Losses

12 Months Ended

Dec. 31, 2020

Changes in Accumulated Other Comprehensive Losses

The change in Accumulated Other Comprehensive Losses (AOCL) presented on the Consolidated Balance Sheet and the impact of significant amounts reclassified from AOCL on information presented in the Consolidated Statement of Income for the year ended December 31, 2020, are reflected in the table below.


	Currency Translation Adjustments		Unrealized Holding Gains (Losses) on Securities		Derivatives		Defined Benefit Plans		Total
Balance at December 31, 2017	$	(105)	$	(5)	$	(2)	$	(3,477)	$	(3,589)
Components of Other Comprehensive Income (Loss)1:
Before Reclassifications	(19)		(5)		—		28		4
Reclassifications2	—		—		—		603		603
Net Other Comprehensive Income (Loss)	(19)		(5)		—		631		607
Stranded Tax Reclassification to Retained Earnings3	—		—		—		(562)		(562)
Balance at December 31, 2018	$	(124)	$	(10)	$	(2)	$	(3,408)	$	(3,544)
Components of Other Comprehensive Income (Loss)1:
Before Reclassifications	(18)		2		(1)		(1,838)		(1,855)
Reclassifications2	—		—		3		406		409
Net Other Comprehensive Income (Loss)	(18)		2		2		(1,432)		(1,446)

Balance at December 31, 2019	$	(142)	$	(8)	$	—	$	(4,840)	$	(4,990)
Components of Other Comprehensive Income (Loss)1:
Before Reclassifications	35		(2)		—		(1,487)		(1,454)
Reclassifications2	—		—		—		832		832
Net Other Comprehensive Income (Loss)	35		(2)		—		(655)		(622)

Balance at December 31, 2020	$	(107)	$	(10)	$	—	$	(5,495)	$	(5,612)

1 All amounts are net of tax.

2 Refer to Note 21 beginning on page 87, for reclassified components totaling $1,084 that are included in employee benefit costs for the year ended December 31, 2020. Related income taxes for the same period, totaling $252, are reflected in Income Tax Expense on the Consolidated Statement of Income. All other reclassified amounts were insignificant.

3 Stranded tax reclassification to retained earnings per ASU 2018-02.