Accumulated Other Comprehensive Loss

12 Months Ended

Dec. 31, 2022

Accumulated Other Comprehensive Income [Abstract]

The following table provides the components of accumulated other comprehensive loss for 2022, 2021 and 2020:


(in millions)	Foreign Currency Translation		Post-retirement Benefit Plans		Derivative Instruments		Total
Balance at January 1, 2020	(103)		(269)		(3)		(375)
Foreign currency translation adjustment	(22)						(22)
Income tax impact on foreign currency translation adjustment	39						39
Changes in post-retirement benefit plans			(73)				(73)

Foreign currency translation adjustment for post-retirement benefit plans			(19)				(19)
Income tax expense on changes in post-retirement benefit plans, including settlement			18				18

Amortization of prior service cost and net actuarial loss on post-retirement benefit plans into other non-operating income (expense), net			16				16





Income tax impact on amortization of post-retirement benefit plan items			(3)				(3)
Unrealized loss on derivative hedge agreements					9		9

Reclassification of unrealized gain on foreign exchange agreements into revenue					(4)		(4)
Reclassification of unrealized (gain) loss on foreign exchange agreements into cost of revenue					1		1
Balance at December 31, 2020	(86)		(330)		3		(413)
Foreign currency translation adjustment	20						20
Income tax impact on foreign currency translation adjustment	(35)						(35)
Changes in post-retirement benefit plans			51				51
Foreign currency translation adjustment for post-retirement benefit plans			11				11
Income tax expense on changes in post-retirement benefit plans			(15)				(15)
Amortization of prior service cost and net actuarial loss on post-retirement benefit plans into other non-operating income (expense), net			20				20
Income tax impact on amortization of post-retirement benefit plan items			(5)				(5)
Unrealized gain on derivative hedge agreements					(10)		(10)
Tax on unrealized gain on derivative hedge agreements					1		1
Reclassification of unrealized gain on foreign exchange agreements into revenue					4		4
Balance at December 31, 2021	$	(101)	$	(268)	$	(2)	$	(371)
Foreign currency translation adjustment	(53)						(53)
Income tax impact on foreign currency translation adjustment	(26)						(26)
Changes in post-retirement benefit plans			101				101


(in millions)	Foreign Currency Translation	Post-retirement Benefit Plans	Derivative Instruments	Total
U.K. pension settlement		137		137
Foreign currency translation adjustment for post-retirement benefit plans		39		39
Income tax expense on changes in post-retirement benefit plans, including settlement		(58)		(58)
Amortization of prior service cost and net actuarial loss on post-retirement benefit plans into other non-operating income (expense), net		10		10
Income tax impact on amortization of post-retirement benefit plan items		(2)		(2)
Unrealized gain on derivative hedge agreements			(24)	(24)
Tax on unrealized gain on derivative hedge agreements			—	—
Reclassification of unrealized gain on foreign exchange agreements into revenue			19	19
Reclassification of unrealized gain on foreign exchange agreements into cost of revenue			2	2
Balance at December 31, 2022	(180)	(41)	(5)	(226)