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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Net Income $ 399 $ 326
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature    
Adjustments and gains (losses) arising during the period (23) 3
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature, before tax (23) 3
Tax (expense) benefit 0 0
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature, net of tax (23) 3
Changes in pension and post-retirement benefits    
Unrealized gains (losses) arising during period, before Tax 0 47
Reclassification of (gains) losses into Net Income 5 7
Changes in pension and post-retirement benefits, before Tax 5 54
Pension and post-retirement benefit plans, tax (1) (13)
Pension and post-retirement benefit plans, net of tax 4 41
Changes in derivative instruments    
Unrealized gains (losses) arising during the period 57 24
Reclassification of (gains) losses into Net Income 12 4
Changes in derivative instruments 69 28
Changes in derivatives, Tax (17) (7)
Changes in derivatives, net of tax 52 21
Other comprehensive income (loss), net of tax 33 65
Comprehensive Income (Loss) $ 432 $ 391