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Accumulated Other Comprehensive Loss (“AOCL”) (Tables)
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Summary of Changes in Accumulated Other Comprehensive Loss
The following table summarizes the changes in accumulated other comprehensive loss.
(in millions)Foreign Currency TranslationPension and Postretirement PlansTotal
Balance at December 31, 2021, net of tax$(13)$(203)$(216)
Amounts before reclassifications(41)104 63 
Amounts reclassified out— 18 18 
Total other comprehensive (loss) income, before tax(41)122 81 
Tax effect— (31)(31)
Total other comprehensive (loss) income, net of tax(41)91 50 
Balance at December 31, 2022, net of tax$(54)$(112)$(166)
Amounts before reclassifications18 23 
Amounts reclassified out— 
Total other comprehensive income, before tax20 25 
Tax effect— (5)(5)
Total other comprehensive income, net of tax15 20 
Balance at December 31, 2023, net of tax$(49)$(97)$(146)
Amounts before reclassifications(39)21 (18)
Amounts reclassified out— 
Total other comprehensive (loss) income, before tax(39)23 (16)
Tax effect— (5)(5)
Total other comprehensive (loss) income, net of tax(39)18 (21)
Balance at December 31, 2024, net of tax$(88)$(79)$(167)
Summary of Components of AOCL
The components of AOCL for the years ended December 31 are as follows:
202420232022 Affected Line Item in the Consolidated Statements of Operations
(in millions)Amounts reclassified from AOCL
Pension and postretirement losses$$$18 Other income (expense), net
Tax effect— — (4)Income tax expense
Total reclassifications$$$14 Net income