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Accumulated Other Comprehensive Income
12 Months Ended
Dec. 31, 2019
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income
Note 20—Accumulated Other Comprehensive Loss
Accumulated other comprehensive loss in the equity
 
section of the balance sheet included:
Millions of Dollars
Defined
Benefit Plans
Net
Unrealized
Loss on
Securities
Foreign
Currency
Translation
Accumulated
Other
Comprehensive
Loss
December 31, 2016
$
(547)
-
(5,646)
(6,193)
Other comprehensive income (loss)
147
(58)
586
675
December 31, 2017
(400)
(58)
(5,060)
(5,518)
Other comprehensive income (loss)
39
-
(642)
(603)
Cumulative effect of adopting ASU No. 2016-01*
-
58
-
58
December 31, 2018
(361)
-
(5,702)
(6,063)
Other comprehensive income
51
-
695
746
Cumulative effect of adopting ASU No. 2018-02**
(40)
-
-
(40)
December 31, 2019
$
(350)
-
(5,007)
(5,357)
 
*We
 
adopted ASU No. 2016-01,
 
"Recognition and Measurement
 
of Financial Assets and Liabilities," beginning
 
January 1, 2018.
 
**See Note 2
Changes in Accounting Principles
 
for additional information.
During 2019, we recognized $
483
 
million of foreign currency translation adjustments
 
related to the completion
of our sale of two ConocoPhillips U.K. subsidiaries.
 
For additional information related
 
to this disposition, see
Note 5—Asset Acquisitions and Dispositions.
There were no items within accumulated other comprehensive
 
loss related to noncontrolling interests.
The following table summarizes reclassifications out
 
of accumulated other comprehensive loss during the
 
years
ended December 31:
Millions of Dollars
2019
2018
Defined Benefit Plans
$
88
189
Above amounts are
 
included in the computation
 
of net periodic benefit cost and
 
are presented
 
net of tax expense of:
$
23
50
See Note 18—Employee Benefit
 
Plans, for additional information.