Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2019

Comprehensive Income (Loss) [Abstract]

Note 14. Comprehensive Income (Loss)

Comprehensive income (loss), which includes net income (loss), unrealized gain (loss) on derivative instruments and unrealized gain (loss) on marketable securities, is disclosed in the accompanying condensed consolidated and combined statements of operations and comprehensive income and condensed consolidated and combined statements of changes in equity.

The following tables summarize the activity in AOCI, net of the related tax effects.



			Unrealized
			Gains (Losses)
	Unrealized		on Available
	Loss		-for-Sale
(In millions)	on Derivatives		Securities		Total
Balance as of December 31, 2018	$	(9)	$	—	$	(9)
Other comprehensive income (loss) before reclassifications:
Pre-tax amount		(22)		—		(22)
Tax provision (benefit)		(5)		—		(5)
After-tax amount		(17)		—		(17)
Amounts reclassified from accumulated ‎ other comprehensive income (loss)⁽¹⁾		1		—		1
Net current period other comprehensive income (loss)		(16)		—		(15)
Balance as of September 30, 2019	$	(25)	$	—	$	(25)

Balance as of December 31, 2017	$	—	$	—	$	—
Net current period other comprehensive income (loss)		—		—		—
Balance as of September 30, 2018	$	—	$	—	$	—

___________________________________

(1)Amounts are net of tax. See reclassifications out of AOCI below for further details.

Reclassifications out of AOCI included the following components for the periods indicated.



	Amounts Reclassified from Accumulated
	Other Comprehensive Income (Loss)
	As of September 30,				Consolidated and Combined Statements of
(In millions)	2019		2018		Operations and Comprehensive Income Location
Loss on interest rate swap contract	$	(2)	$	—	Interest expense
Impact of income taxes		—		—	Provision for income taxes
Total reclassifications related to derivatives	$	(1)	$	—
Total reclassifications for the period	$	(1)	$	—