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Accumulated other comprehensive income (loss)
 3 Months Ended
Mar. 31, 2024
Accumulated other comprehensive income (loss)
NOTE 14 – Accumulated other comprehensive income (loss):
The components of, and changes within, accumulated other comprehensive income (loss) attributable to Teva are presented in the table below:
 
    
Net Unrealized Gains (Losses)
     
Benefit Plans
         
    
Foreign
currency
translation
adjustments
     
Derivative
financial
instruments
     
Actuarial gains
(losses) and
prior service
(costs) credits
     
Total
  
    
(U.S. $ in millions)
  
Balance as of December 31, 2023, net of taxes
    $ (2,384 )     $ (266 )     $ (46 )     $ (2,697 ) 
  
 
 
     
 
 
     
 
 
     
 
 
  
Other comprehensive income (loss) before reclassifications
      (89 )       —         —         (89 ) 
Amounts reclassified to the statements of income
      —         7        (1 )       6  
  
 
 
     
 
 
     
 
 
     
 
 
  
Net other comprehensive income (loss) before tax
      (89 )       7        (1 )       (83 ) 
  
 
 
     
 
 
     
 
 
     
 
 
  
Corresponding income tax
      5        —         —         5  
  
 
 
     
 
 
     
 
 
     
 
 
  
Net other comprehensive income (loss) after tax*
      (84 )       7        (1 )       (78 ) 
  
 
 
     
 
 
     
 
 
     
 
 
  
Balance as of March 31, 2024, net of taxes
    $ (2,468 )     $ (259 )     $ (47 )     $ (2,775 ) 
  
 
 
     
 
 
     
 
 
     
 
 
  
 
*
Amounts do not include a $42 million loss from foreign currency translation adjustments attributable to
non-controlling
interests.
 
    
Net Unrealized Gains (Losses)
     
Benefit Plans
         
    
Foreign
currency
translation
adjustments
     
Derivative
financial
instruments
     
Actuarial gains
(losses) and
prior service
(costs) credits
     
Total
  
    
(U.S. $ in millions)
  
Balance as of December 31, 2022, net of taxes
    $ (2,514 )     $ (295 )     $ (28 )     $ (2,838 ) 
  
 
 
     
 
 
     
 
 
     
 
 
  
Other comprehensive income (loss) before reclassifications
      122           —         122  
Amounts reclassified to the statements of income
      —         8        (1 )       7  
  
 
 
     
 
 
     
 
 
     
 
 
  
Net other comprehensive income (loss) before tax
      122        8        (1 )       129  
  
 
 
     
 
 
     
 
 
     
 
 
  
Corresponding income tax
      7        —         —         7  
  
 
 
     
 
 
     
 
 
     
 
 
  
Net other comprehensive income (loss) after tax*
      129        8        (1 )       136  
  
 
 
     
 
 
     
 
 
     
 
 
  
Balance as of March 31, 2023, net of taxes
    $ (2,385 )     $ (287 )     $ (29 )     $ (2,701 ) 
  
 
 
     
 
 
     
 
 
     
 
 
  
 
*
Amounts do not include a $9 million loss from foreign currency translation adjustments attributable to
non-controlling
interests.