XML 50 R38.htm IDEA: XBRL DOCUMENT
v3.23.3

Accumulated Other Comprehensive Loss (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Equity [Abstract] |
Accumulated Other Comprehensive Income (Loss) | The changes in each component of accumulated other comprehensive loss ("AOCL") for the three and nine months ended September 30, 2023 and 2022 were as follows:
Accumulated Other Comprehensive Loss | Three Months Ended | Nine Months Ended
In millions | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2023 | Sep 30, 2022
Unrealized Gains (Losses) on Investments |  |  |  |
Beginning balance | $ | (161) |  | $ | (190) |  | $ | (253) |  | $ | 59 |
Unrealized gains (losses) on investments | (33) |  | (61) |  | 55 |  | (385) |
Tax (expense) benefit | 9 |  | (55) |  | 48 |  | 12 |
Net unrealized gains (losses) on investments | (24) |  | (116) |  | 103 |  | (373) |
(Gains) losses reclassified from AOCL to net income 1 | 4 |  | (8) |  | (41) |  | 2 |
Tax expense (benefit) 2 | — |  | 2 |  | 10 |  | — |
Net (gains) losses reclassified from AOCL to net income | 4 |  | (6) |  | (31) |  | 2 |
Other comprehensive income (loss), net of tax | (20) |  | (122) |  | 72 |  | (371) |
Ending balance | $ | (181) |  | $ | (312) |  | $ | (181) |  | $ | (312) |
Cumulative Translation Adjustment |  |  |  |
Beginning balance | $ | (1,936) |  | $ | (2,033) |  | $ | (1,934) |  | $ | (1,355) |
Gains (losses) on foreign currency translation | (122) |  | (369) |  | (122) |  | (1,034) |
Tax (expense) benefit | (6) |  | (17) |  | (16) |  | (7) |
Net gains (losses) on foreign currency translation | (128) |  | (386) |  | (138) |  | (1,041) |
(Gains) losses reclassified from AOCL to net income 3 | (19) |  | (17) |  | (11) |  | (40) |
Other comprehensive income (loss), net of tax | (147) |  | (403) |  | (149) |  | (1,081) |
Ending balance | $ | (2,083) |  | $ | (2,436) |  | $ | (2,083) |  | $ | (2,436) |
Pension and Other Postretirement Benefits |  |  |  |
Beginning balance | $ | (4,875) |  | $ | (7,103) |  | $ | (4,877) |  | $ | (7,334) |
Gains (losses) arising during the period | (4) |  | 6 |  | (7) |  | 11 |
Amortization of net loss and prior service credits reclassified from AOCL to net income 4 | 3 |  | 155 |  | 8 |  | 468 |
Tax expense (benefit) 2 | (1) |  | (36) |  | (1) |  | (123) |
Net loss and prior service credits reclassified from AOCL to net income | 2 |  | 119 |  | 7 |  | 345 |
Other comprehensive income (loss), net of tax | (2) |  | 125 |  | — |  | 356 |
Ending balance | $ | (4,877) |  | $ | (6,978) |  | $ | (4,877) |  | $ | (6,978) |
Derivative Instruments |  |  |  |
Beginning balance | $ | (95) |  | $ | 122 |  | $ | (75) |  | $ | (347) |
Gains (losses) on derivative instruments | (58) |  | 122 |  | (242) |  | 802 |
Tax (expense) benefit | (2) |  | (31) |  | 34 |  | (114) |
Net gains (losses) on derivative instruments | (60) |  | 91 |  | (208) |  | 688 |
(Gains) losses reclassified from AOCL to net income 5 | 45 |  | (80) |  | 209 |  | (222) |
Tax expense (benefit) 2 | (10) |  | 11 |  | (46) |  | 25 |
Net (gains) losses reclassified from AOCL to net income | 35 |  | (69) |  | 163 |  | (197) |
Other comprehensive income (loss), net of tax | (25) |  | 22 |  | (45) |  | 491 |
Ending balance | $ | (120) |  | $ | 144 |  | $ | (120) |  | $ | 144 |
Total AOCL ending balance | $ | (7,261) |  | $ | (9,582) |  | $ | (7,261) |  | $ | (9,582) |
1.Reclassified to "Net sales" and "Sundry income (expense) - net." 2.Reclassified to "Provision for income taxes." 3.Reclassified to "Sundry income (expense) - net." 4.These AOCL components are included in the computation of net periodic benefit cost (credit) of the Company's defined benefit pension and other postretirement benefit plans. See Note 12 for additional information. 5.Reclassified to "Cost of sales," "Sundry income (expense) - net" and "Interest expense and amortization of debt discount."

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration