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Accumulated Other Comprehensive Income (Loss) (Tables) | 9 Months Ended
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Sep. 30, 2021
Equity [Abstract] |
Schedule of Changes in Accumulated Other Comprehensive Income (Loss) | The following tables present changes in the accumulated balances for each component of other comprehensive (loss) income, including current period other comprehensive (loss) income and reclassifications out of accumulated other comprehensive loss:
(DOLLARS IN MILLIONS) | Foreign Currency Translation Adjustments |  | Gains (Losses) on Derivatives Qualifying as Hedges |  | Pension and Postretirement Liability Adjustment |  | Total
Accumulated other comprehensive (loss) income, net of tax, as of December 31, 2020 | $ | (285) |  |  | $ | (7) |  |  | $ | (406) |  |  | $ | (698) |
OCI before reclassifications | (493) |  |  | 2 |  |  | — |  |  | (491) |
Amounts reclassified from AOCI | — |  |  | 5 |  |  | 4 |  |  | 9 |
Net current period other comprehensive income (loss) | (493) |  |  | 7 |  |  | 4 |  |  | (482) |
Accumulated other comprehensive (loss) income, net of tax, as of September 30, 2021 | $ | (778) |  |  | $ | — |  |  | $ | (402) |  |  | $ | (1,180) |
(DOLLARS IN MILLIONS) | Foreign Currency Translation Adjustments |  | Gains (Losses) on Derivatives Qualifying as Hedges |  | Pension and Postretirement Liability Adjustment |  | Total
Accumulated other comprehensive (loss) income, net of tax, as of December 31, 2019 | $ | (373) |  |  | $ | 2 |  |  | $ | (346) |  |  | $ | (717) |
OCI before reclassifications | (226) |  |  | (2) |  |  | — |  |  | (228) |
Amounts reclassified from AOCI | — |  |  | (4) |  |  | 10 |  |  | 6 |
Net current period other comprehensive income (loss) | (226) |  |  | (6) |  |  | 10 |  |  | (222) |
Accumulated other comprehensive (loss) income, net of tax, as of September 30, 2020 | $ | (599) |  |  | $ | (4) |  |  | $ | (336) |  |  | $ | (939) |
Reclassifications of Accumulated Other Comprehensive Income to Consolidated Statement of Comprehensive Income | The following table provides details about reclassifications out of Accumulated other comprehensive loss to the Consolidated Statements of Income and Comprehensive (Loss) Income:
| Nine Months Ended September 30, |  | Affected Line Item in the Consolidated Statements of Income and Comprehensive (Loss) Income
(DOLLARS IN MILLIONS) | 2021 |  | 2020 |
Gains (losses) on derivatives qualifying as hedges |  |  |  |  |
Foreign currency contracts | $ | (6) |  |  | $ | 5 |  |  | Cost of goods sold
Tax | 1 |  |  | (1) |  |  | Provision for income taxes
Total | $ | (5) |  |  | $ | 4 |  |  | Total, net of income taxes
Losses on pension and postretirement liability adjustments |  |  |  |  |
Prior service cost | $ | 5 |  |  | $ | (13) |  |  | (1)
Actuarial losses | (27) |  |  | — |  |  | (1)
Other items | 17 |  |  | — |  |  | (2)
Tax | 1 |  |  | 3 |  |  | Provision for income taxes
Total | $ | (4) |  |  | $ | (10) |  |  | Total, net of income taxes
_______________________ (1)The amortization of prior service cost and actuarial loss is included in the computation of net periodic benefit cost. Refer to Note 16 of the Company's 2020 Form 10-K for additional information regarding net periodic benefit cost. (2)Represents certain amounts of pension income that were corrected in the current year. Refer to Note 12 for additional information.

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