XML 51 R40.htm IDEA: XBRL DOCUMENT
v3.22.2

Accumulated Other Comprehensive Loss (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Summary of the Entity's Accumulated Other Comprehensive Income (Loss) by Component | The table below summarizes changes in accumulated other comprehensive loss recorded on our consolidated balance sheet by component for the six months ended June 30, 2022:
| Pension Plans |  | Post-Retirement Benefit Plans |  | Foreign Currency Translation Adjustment and Other |  | Interest Rate Swap |  | Total
| (Dollars in millions)
Balance at December 31, 2021 | $ | (1,577) |  |  | (164) |  |  | (400) |  |  | (17) |  |  | (2,158) |
Other comprehensive income before reclassifications | — |  |  | — |  |  | (125) |  |  | — |  |  | (125) |
Amounts reclassified from accumulated other comprehensive loss | 46 |  |  | 3 |  |  | — |  |  | 17 |  |  | 66 |
Net current-period other comprehensive income | 46 |  |  | 3 |  |  | (125) |  |  | 17 |  |  | (59) |
Balance at June 30, 2022 | $ | (1,531) |  |  | (161) |  |  | (525) |  |  | — |  |  | (2,217) |
The table below summarizes changes in accumulated other comprehensive loss recorded on our consolidated balance sheets by component for the six months ended June 30, 2021:
| Pension Plans |  | Post-Retirement Benefit Plans |  | Foreign Currency Translation Adjustment and Other |  | Interest Rate Swap |  | Total
| (Dollars in millions)
Balance at December 31, 2020 | $ | (2,197) |  |  | (272) |  |  | (265) |  |  | (79) |  |  | (2,813) |
Other comprehensive loss before reclassifications | — |  |  | — |  |  | (6) |  |  | — |  |  | (6) |
Amounts reclassified from accumulated other comprehensive loss | 71 |  |  | 7 |  |  | — |  |  | 31 |  |  | 109 |
Net current-period other comprehensive income (loss) | 71 |  |  | 7 |  |  | (6) |  |  | 31 |  |  | 103 |
Balance at June 30, 2021 | $ | (2,126) |  |  | (265) |  |  | (271) |  |  | (48) |  |  | (2,710) |
Schedule of Reclassifications Out of Accumulated Other Comprehensive Income (Loss) by Component | The amount of realized losses reclassified from AOCI to the statement of operations consists of the following (in millions):
Derivatives designated as hedging instruments |  | 2022 |  | 2021
Cash flow hedging contracts |  |  |  |
Three Months Ended June 30, |  | $ | — |  |  | 21 |
Six Months Ended June 30, |  | $ | 22 |  |  | 41 |
The tables below present further information about our reclassifications out of accumulated other comprehensive loss by component for the three and six months ended June 30, 2022:
Three Months Ended June 30, 2022 |  | Decrease (Increase) in Net Income |  | Affected Line Item in Consolidated Statement of Operations
|  | (Dollars in millions) |  |
Interest rate swaps |  | $ | — |  |  | Interest expense
Income tax benefit |  | — |  |  | Income tax expense
Net of tax |  | $ | — |  |  |
Amortization of pension & post-retirement plans(1) |  |  |  |
Net actuarial loss |  | $ | 30 |  |  | Other (expense) income, net
Prior service cost |  | — |  |  | Other (expense) income, net
Total before tax |  | 30 |  |  |
Income tax benefit |  | (8) |  |  | Income tax expense
Net of tax |  | $ | 22 |  |  |
Six Months Ended June 30, 2022 |  | Decrease (Increase) in Net Income |  | Affected Line Item in Consolidated Statement of Operations
|  | (Dollars in millions) |  |
Interest rate swaps |  | $ | 22 |  |  | Interest expense
Income tax benefit |  | (5) |  |  | Income tax expense
Net of tax |  | $ | 17 |  |  |
Amortization of pension & post-retirement plans(1) |  |  |  |
Net actuarial loss |  | $ | 67 |  |  | Other (expense) income, net
Prior service credit |  | (1) |  |  | Other (expense) income, net
Total before tax |  | 66 |  |  |
Income tax benefit |  | (17) |  |  | Income tax expense
Net of tax |  | $ | 49 |  |  |
________________________________________________________________________ (1)See Note 8—Employee Benefits for additional information on our net periodic benefit expense (income) related to our pension and post-retirement plans. The tables below present further information about our reclassifications out of accumulated other comprehensive loss by component for the three and six months ended June 30, 2021:
Three Months Ended June 30, 2021 |  | Decrease (Increase) in Net Income |  | Affected Line Item in Consolidated Statement of Operations
|  | (Dollars in millions) |  |
Interest rate swaps |  | $ | 21 |  |  | Interest expense
Income tax expense |  | (5) |  |  | Income tax expense
Net of tax |  | $ | 16 |  |  |
Amortization of pension & post-retirement plans(1) |  |  |  |
Net actuarial loss |  | $ | 50 |  |  | Other (expense) income, net
Prior service cost |  | 1 |  |  | Other (expense) income, net
Total before tax |  | 51 |  |  |
Income tax benefit |  | (12) |  |  | Income tax expense
Net of tax |  | $ | 39 |  |  |
Six Months Ended June 30, 2021 |  | Decrease (Increase) in Net Income |  | Affected Line Item in Consolidated Statement of Operations
|  | (Dollars in millions) |  |
Interest rate swaps |  | $ | 41 |  |  | Interest expense
Income tax benefit |  | (10) |  |  | Income tax expense
Net of tax |  | $ | 31 |  |  |
Amortization of pension & post-retirement plans(1) |  |  |  |
Net actuarial loss |  | $ | 100 |  |  | Other (expense) income, net
Prior service cost |  | 3 |  |  | Other (expense) income, net
Total before tax |  | 103 |  |  |
Income tax benefit |  | (25) |  |  | Income tax expense
Net of tax |  | $ | 78 |  |  |
________________________________________________________________________ (1)See Note 8—Employee Benefits for additional information on our net periodic benefit income related to our pension and post-retirement plans.

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

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration