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Other Comprehensive (Loss) Income (Tables) | 3 Months Ended
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Mar. 31, 2024
Equity [Abstract] |
Schedule of Accumulated Other Comprehensive (Loss) Income | The changes, net of tax, in the balances of each component of AOCI for the three months ended March 31, 2024 and 2023, including amounts reclassified out of AOCI, are as follows:
(In millions) |  |  | Pension/Post-Retirement Plans Gains (Losses) |  | Foreign Currency Translation Adjustments |  | Total
Balance at January 1, 2024 |  |  | $ | (3,101) |  |  | $ | (2,194) |  |  | $ | (5,295) |
Other comprehensive income (loss) before reclassifications |  |  | 33 |  |  | (251) |  |  | (218) |
Amounts reclassified from accumulated other comprehensive income |  |  | 4 |  |  | — |  |  | 4 |
Net current period other comprehensive income (loss) |  |  | 37 |  |  | (251) |  |  | (214) |
Balance at March 31, 2024 (a) |  |  | $ | (3,064) |  |  | $ | (2,445) |  |  | $ | (5,509) |
(In millions) |  |  | Pension/Post-Retirement Plans Gains (Losses) |  | Foreign Currency Translation Adjustments |  | Total
Balance at January 1, 2023 |  |  | $ | (2,721) |  |  | $ | (2,593) |  |  | $ | (5,314) |
Other comprehensive (loss) income before reclassifications |  |  | (48) |  |  | 125 |  |  | 77 |
Amounts reclassified from accumulated other comprehensive income |  |  | 3 |  |  | — |  |  | 3 |
Net current period other comprehensive (loss) income |  |  | (45) |  |  | 125 |  |  | 80 |
Balance at March 31, 2023 (a) |  |  | $ | (2,766) |  |  | $ | (2,468) |  |  | $ | (5,234) |
(a)At March 31, 2024 and 2023, balances are net of deferred tax assets in pension and post-retirement plans gains (losses) of $1.5 billion and $1.4 billion, respectively.
Schedule of Components of Comprehensive (Loss) Income | The components of other comprehensive (loss) income for the three months ended March 31, 2024 and 2023 are as follows:
Three Months Ended March 31, | 2024 |  | 2023
(In millions) | Pre-Tax | Tax | Net of Tax |  | Pre-Tax | Tax (Credit) | Net of Tax
Foreign currency translation adjustments | $ | (244) |  | $ | 7 |  | $ | (251) |  |  | $ | 119 |  | $ | (6) |  | $ | 125 |
Pension/post-retirement plans: |  |  |  |  |  |  |
Amortization of (gains) losses included in net benefit (credit) cost: |  |  |  |  |  |  |
Net actuarial losses (a) | 6 |  | 2 |  | 4 |  |  | 5 |  | 2 |  | 3 |
Subtotal | 6 |  | 2 |  | 4 |  |  | 5 |  | 2 |  | 3 |
Foreign currency translation adjustments | 44 |  | 11 |  | 33 |  |  | (63) |  | (15) |  | (48) |
Pension/post-retirement plans gains (losses) | 50 |  | 13 |  | 37 |  |  | (58) |  | (13) |  | (45) |
Other comprehensive (loss) income | $ | (194) |  | $ | 20 |  | $ | (214) |  |  | $ | 61 |  | $ | (19) |  | $ | 80 |
(a) Included in other net benefit credits in the consolidated statements of income. Income tax expense on net actuarial losses are included in income tax expense.

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- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 1 -Section 45 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-1 + Details
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