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SHAREOWNERS' EQUITY (Tables) | 12 Months Ended
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Dec. 31, 2021
Stockholders' Equity Note [Abstract] |
Roll-forward of Common Stock, Additional Paid-in Capital, and Retained Earnings Accounts | The following is a rollforward of our common stock, additional paid-in capital, retained earnings and non-controlling minority interests accounts for the years ended December 31, 2021, 2020 and 2019 (in millions, except per share amounts):
| 2021 |  | 2020 |  | 2019
| Shares |  | Dollars |  | Shares |  | Dollars |  | Shares |  | Dollars
Class A Common Stock: |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of year | 147 |  |  | $ | 2 |  |  | 156 |  |  | $ | 2 |  |  | 163 |  |  | $ | 2 |
Common stock purchases | — |  |  | — |  |  | — |  |  | — |  |  | (3) |  |  | — |
Stock award plans | 6 |  |  | — |  |  | 6 |  |  | — |  |  | 5 |  |  | — |
Common stock issuances | 2 |  |  | — |  |  | 4 |  |  | — |  |  | 3 |  |  | — |
Conversions of class A to class B common stock | (17) |  |  | — |  |  | (19) |  |  | — |  |  | (12) |  |  | — |
Class A shares issued at end of year | 138 |  |  | $ | 2 |  |  | 147 |  |  | $ | 2 |  |  | 156 |  |  | $ | 2 |
Class B Common Stock: |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of year | 718 |  |  | $ | 7 |  |  | 701 |  |  | $ | 7 |  |  | 696 |  |  | $ | 7 |
Common stock purchases | (3) |  |  | — |  |  | (2) |  |  | — |  |  | (7) |  |  | — |
Conversions of class A to class B common stock | 17 |  |  | — |  |  | 19 |  |  | — |  |  | 12 |  |  | — |
Class B shares issued at end of year | 732 |  |  | $ | 7 |  |  | 718 |  |  | $ | 7 |  |  | 701 |  |  | $ | 7 |
Additional Paid-In Capital: |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of year |  |  | $ | 865 |  |  |  |  | $ | 150 |  |  |  |  | $ | — |
Stock award plans |  |  | 574 |  |  |  |  | 498 |  |  |  |  | 778 |
Common stock purchases |  |  | (500) |  |  |  |  | (217) |  |  |  |  | (1,005) |
Common stock issuances |  |  | 404 |  |  |  |  | 434 |  |  |  |  | 356 |
Option premiums received (paid) |  |  | — |  |  |  |  | — |  |  |  |  | 21 |
Balance at end of year |  |  | $ | 1,343 |  |  |  |  | $ | 865 |  |  |  |  | $ | 150 |
Retained Earnings: |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of year |  |  | $ | 6,896 |  |  |  |  | $ | 9,105 |  |  |  |  | $ | 8,006 |
Net income attributable to controlling interests |  |  | 12,890 |  |  |  |  | 1,343 |  |  |  |  | 4,440 |
Dividends ($4.08, $4.04, and $3.84 per share) (1) |  |  | (3,604) |  |  |  |  | (3,552) |  |  |  |  | (3,341) |
Other |  |  | (3) |  |  |  |  | — |  |  |  |  | — |
Balance at end of year |  |  | $ | 16,179 |  |  |  |  | $ | 6,896 |  |  |  |  | $ | 9,105 |
Non-Controlling Interests: |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of year |  |  | $ | 12 |  |  |  |  | $ | 16 |  |  |  |  | $ | 16 |
Change in non-controlling interests |  |  | 4 |  |  |  |  | (4) |  |  |  |  | — |
Balance at end of year |  |  | $ | 16 |  |  |  |  | $ | 12 |  |  |  |  | $ | 16 |
(1) The dividend per share amount is the same for both class A and class B common stock. Dividends include $167, $178 and $147 million for 2021, 2020 and 2019, respectively, that were settled in shares of class A common stock.
Activity in Accumulated Other Comprehensive Income (Loss) | The activity in AOCI for the years ended December 31, 2021, 2020 and 2019 is as follows (in millions):
| 2021 |  | 2020 |  | 2019
Foreign Currency Translation Gain (Loss), Net of Tax: |  |  |  |  |
Balance at beginning of year | $ | (981) |  |  | $ | (1,078) |  |  | $ | (1,126) |
Translation adjustment (net of tax effect of $42, $(36) and $10) | (181) |  |  | 97 |  |  | 48 |
Balance at end of year | $ | (1,162) |  |  | $ | (981) |  |  | $ | (1,078) |
Unrealized Gain (Loss) on Marketable Securities, Net of Tax: |  |  |  |  |
Balance at beginning of year | $ | 6 |  |  | $ | 4 |  |  | $ | (2) |
Current period changes in fair value (net of tax effect of $0, $1 and $4) | (2) |  |  | 6 |  |  | 11 |
Reclassification to earnings (net of tax effect of $0, $(1) and $(1)) | (5) |  |  | (4) |  |  | (5) |
Balance at end of year | $ | (1) |  |  | $ | 6 |  |  | $ | 4 |
Unrealized Gain (Loss) on Cash Flow Hedges, Net of Tax: |  |  |  |  |
Balance at beginning of year | $ | (223) |  |  | $ | 112 |  |  | $ | 40 |
Current period changes in fair value (net of tax effect of $82, $(61) and $61) | 261 |  |  | (192) |  |  | 195 |
Reclassification to earnings (net of tax effect of $(17), $(45) and $(39)) | (55) |  |  | (143) |  |  | (123) |
Balance at end of year | $ | (17) |  |  | $ | (223) |  |  | $ | 112 |
Unrecognized Pension and Postretirement Benefit Costs, Net of Tax: |  |  |  |  |
Balance at beginning of year | $ | (5,915) |  |  | $ | (5,035) |  |  | $ | (3,906) |
Net actuarial gain (loss) resulting from remeasurements of plan assets and liabilities (net of tax effect of $1,956, $(1,885) and $(979)) | 6,195 |  |  | (5,984) |  |  | (3,117) |
Reclassification to earnings (net of tax effect of $(749), $1,607 and $626) | (2,378) |  |  | 5,104 |  |  | 1,988 |
Balance at end of year | $ | (2,098) |  |  | $ | (5,915) |  |  | $ | (5,035) |
Accumulated other comprehensive income (loss) at end of year | $ | (3,278) |  |  | $ | (7,113) |  |  | $ | (5,997) |
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block] | Detail of the gains (losses) reclassified from AOCI to the statements of consolidated income for the years ended December 31, 2021, 2020 and 2019 is as follows (in millions):
| Amount Reclassified from AOCI |  | Affected Line Item in the Income Statement
| 2021 |  | 2020 |  | 2019 |
Unrealized Gain (Loss) on Marketable Securities: |  |  |  |  |  |
Realized gain (loss) on sale of securities | $ | 5 |  |  | $ | 5 |  |  | $ | 6 |  |  | Investment income (expense) and other
Income tax (expense) benefit | — |  |  | (1) |  |  | (1) |  |  | Income tax expense
Impact on net income | 5 |  |  | 4 |  |  | 5 |  |  | Net income
Unrealized Gain (Loss) on Cash Flow Hedges: |  |  |  |  |  |  |
Interest rate contracts | (11) |  |  | (8) |  |  | (15) |  |  | Interest expense
Foreign currency exchange contracts | 83 |  |  | 196 |  |  | 177 |  |  | Revenue
Income tax (expense) benefit | (17) |  |  | (45) |  |  | (39) |  |  | Income tax expense
Impact on net income | 55 |  |  | 143 |  |  | 123 |  |  | Net income
Unrecognized Pension and Postretirement Benefit Costs: |  |  |  |  |  |
Prior service costs | (148) |  |  | (227) |  |  | (227) |  |  | Investment income (expense) and other
Prior service credit for divested business | 69 |  |  | — |  |  | — |  |  | Other expenses
Plan amendments for divested business | (66) |  |  | — |  |  | — |  |  | Other expenses
Remeasurement of benefit obligation | 3,272 |  |  | (6,484) |  |  | (2,387) |  |  | Investment income (expense) and other
Income tax (expense) benefit | (749) |  |  | 1,607 |  |  | 626 |  |  | Income tax expense
Impact on net income | 2,378 |  |  | (5,104) |  |  | (1,988) |  |  | Net income
Total amount reclassified for the year | $ | 2,438 |  |  | $ | (4,957) |  |  | $ | (1,860) |  |  | Net income
Activity in Deferred Compensation Program | Activity in the deferred compensation program for the years ended December 31, 2021, 2020 and 2019 was as follows (in millions):
| 2021 |  | 2020 |  | 2019
| Shares |  | Dollars |  | Shares |  | Dollars |  | Shares |  | Dollars
Deferred Compensation Obligations: |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of year |  |  | $ | 20 |  |  |  |  | $ | 26 |  |  |  |  | $ | 32 |
Reinvested dividends |  |  | 1 |  |  |  |  | 1 |  |  |  |  | 2 |
Benefit payments |  |  | (5) |  |  |  |  | (7) |  |  |  |  | (8) |
Balance at end of year |  |  | $ | 16 |  |  |  |  | $ | 20 |  |  |  |  | $ | 26 |
Treasury Stock: |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of year | — |  |  | $ | (20) |  |  | — |  |  | $ | (26) |  |  | (1) |  |  | $ | (32) |
Reinvested dividends | — |  |  | (1) |  |  | — |  |  | (1) |  |  | — |  |  | (2) |
Benefit payments | — |  |  | 5 |  |  | — |  |  | 7 |  |  | 1 |  |  | 8 |
Balance at end of year | — |  |  | $ | (16) |  |  | — |  |  | $ | (20) |  |  | — |  |  | $ | (26) |

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