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Accumulated Other Comprehensive Income (Loss)
 3 Months Ended
Mar. 31, 2021
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)
The following table summarizes changes in Accumulated other comprehensive income (loss) for the three months ended March 31, 2021 and 2020:

Three Months Ended
March 31,
In millions20212020
Beginning balance$(1,642)$(1,705)
Foreign currency translation adjustments during the period33 (272)
Foreign currency translation adjustments reclassified to income
2 — 
Income taxes(42)(15)
Total foreign currency translation adjustments, net of tax(7)(287)
Pension and other postretirement benefit adjustments reclassified to income
13 12 
Income taxes(2)(3)
Total pension and other postretirement benefit adjustments, net of tax
11 9 
Ending balance$(1,638)$(1,983)

Foreign currency translation adjustments reclassified to income related to an immaterial divestiture. Pension and other postretirement benefit adjustments reclassified to income represent the amortization of actuarial losses. Refer to Note 6. Pension and Other Postretirement Benefits for additional information.

The Company designated the €1.0 billion of Euro notes issued in May 2014, the €1.0 billion of Euro notes issued in May 2015 and the €1.6 billion of Euro notes issued in June 2019 as hedges of a portion of its net investment in Euro-denominated foreign operations to reduce foreign currency risk associated with the investment in these operations. Changes in the value of this debt resulting from fluctuations in the Euro to U.S. Dollar exchange rate have been recorded as foreign currency translation adjustments within Accumulated other comprehensive income (loss). The carrying values of the 2019, 2015 and 2014 Euro notes were $1.9 billion, $1.2 billion and $1.2 billion, respectively, as of March 31, 2021. The cumulative unrealized pre-tax gain (loss) recorded in Accumulated other comprehensive income (loss) related to the net investment hedge was a gain of $54 million as of March 31, 2021 and a loss of $120 million as of December 31, 2020.

As of March 31, 2021 and 2020, the ending balance of Accumulated other comprehensive income (loss) consisted of after-tax cumulative translation adjustment losses of $1.3 billion and $1.6 billion, respectively, and after-tax unrecognized pension and other postretirement benefits cost of $320 million and $381 million, respectively.