| Comprehensive Income (Loss) Note [Text Block] |
24. ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME
Ìý
The components of other comprehensive (loss) income and changes in accumulated other comprehensive loss by component were as follows (dollars in millions):Ìýâ€�
Ìý
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ Corporation
Ìý
| Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Pension and |
Ìý |
Ìý |
Other |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
| Ìý |
Ìý |
Foreign |
Ìý |
Ìý |
other |
Ìý |
Ìý |
comprehensive |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Amounts |
Ìý |
Ìý |
Amounts |
Ìý |
| Ìý |
Ìý |
currency |
Ìý |
Ìý |
postretirement |
Ìý |
Ìý |
income of |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
attributable to |
Ìý |
Ìý |
attributable to |
Ìý |
| Ìý |
Ìý |
translation |
Ìý |
Ìý |
benefits |
Ìý |
Ìý |
unconsolidated |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
noncontrolling |
Ìý |
Ìý |
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ |
Ìý |
| Ìý |
Ìý |
adjustment(a) |
Ìý |
Ìý |
adjustments(b) |
Ìý |
Ìý |
affiliates |
Ìý |
Ìý |
Other, net |
Ìý |
Ìý |
Total |
Ìý |
Ìý |
interests |
Ìý |
Ìý |
Corporation |
Ìý |
| Beginning balance, January 1, 2021 |
Ìý |
$ |
(328 |
) |
Ìý |
$ |
(1,050 |
) |
Ìý |
$ |
8 |
Ìý |
Ìý |
$ |
4 |
Ìý |
Ìý |
$ |
(1,366 |
) |
Ìý |
$ |
20 |
Ìý |
Ìý |
$ |
(1,346 |
) |
| Other comprehensive loss before reclassifications, gross |
Ìý |
Ìý |
(91 |
) |
Ìý |
Ìý |
229 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
2 |
Ìý |
Ìý |
Ìý |
140 |
Ìý |
Ìý |
Ìý |
(7 |
) |
Ìý |
Ìý |
133 |
Ìý |
| Tax benefit |
Ìý |
Ìý |
(1 |
) |
Ìý |
Ìý |
(54 |
) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
(55 |
) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
(55 |
) |
| Amounts reclassified from accumulated other comprehensive loss, gross(c) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
83 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
83 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
83 |
Ìý |
| Tax expense |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
(18 |
) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
(18 |
) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
(18 |
) |
| Net current-period other comprehensive (loss) income |
Ìý |
Ìý |
(92 |
) |
Ìý |
Ìý |
240 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
2 |
Ìý |
Ìý |
Ìý |
150 |
Ìý |
Ìý |
Ìý |
(7 |
) |
Ìý |
Ìý |
143 |
Ìý |
| Ending balance, December 31, 2021 |
Ìý |
$ |
(420 |
) |
Ìý |
$ |
(810 |
) |
Ìý |
$ |
8 |
Ìý |
Ìý |
$ |
6 |
Ìý |
Ìý |
$ |
(1,216 |
) |
Ìý |
$ |
13 |
Ìý |
Ìý |
$ |
(1,203 |
) |
| (a) |
Amounts are net of tax of $56 million for bothÌý DecemberÌý31, 2021 and JanuaryÌý1, 2021. |
| (b) |
Amounts are net of tax of $81Ìýmillion and $153 million as of DecemberÌý31, 2021 and JanuaryÌý1, 2021, respectively. |
| (c) |
See table below for details about these reclassifications. |
Ìý
| Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Pension and |
Ìý |
Ìý |
Other |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
| Ìý |
Ìý |
Foreign |
Ìý |
Ìý |
other |
Ìý |
Ìý |
comprehensive |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Amounts |
Ìý |
Ìý |
Amounts |
Ìý |
| Ìý |
Ìý |
currency |
Ìý |
Ìý |
postretirement |
Ìý |
Ìý |
income of |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
attributable to |
Ìý |
Ìý |
attributable to |
Ìý |
| Ìý |
Ìý |
translation |
Ìý |
Ìý |
benefits |
Ìý |
Ìý |
unconsolidated |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
noncontrolling |
Ìý |
Ìý |
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ |
Ìý |
| Ìý |
Ìý |
adjustment(a) |
Ìý |
Ìý |
adjustments(b) |
Ìý |
Ìý |
affiliates |
Ìý |
Ìý |
Other, net |
Ìý |
Ìý |
Total |
Ìý |
Ìý |
interests |
Ìý |
Ìý |
Corporation |
Ìý |
| Beginning balance, January 1, 2020 |
Ìý |
$ |
(369 |
) |
Ìý |
$ |
(1,031 |
) |
Ìý |
$ |
8 |
Ìý |
Ìý |
$ |
4 |
Ìý |
Ìý |
$ |
(1,388 |
) |
Ìý |
$ |
26 |
Ìý |
Ìý |
$ |
(1,362 |
) |
| Other comprehensive income (loss) before reclassifications, gross |
Ìý |
Ìý |
29 |
Ìý |
Ìý |
Ìý |
(135 |
) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
(106 |
) |
Ìý |
Ìý |
(6 |
) |
Ìý |
Ìý |
(112 |
) |
| Tax benefit |
Ìý |
Ìý |
12 |
Ìý |
Ìý |
Ìý |
30 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
42 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
42 |
Ìý |
| Amounts reclassified from accumulated other comprehensive loss, gross(c) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
111 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
111 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
111 |
Ìý |
| Tax expense |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
(25 |
) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
(25 |
) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
(25 |
) |
| Net current-period other comprehensive income (loss) |
Ìý |
Ìý |
41 |
Ìý |
Ìý |
Ìý |
(19 |
) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
22 |
Ìý |
Ìý |
Ìý |
(6 |
) |
Ìý |
Ìý |
16 |
Ìý |
| Ending balance, December 31, 2020 |
Ìý |
$ |
(328 |
) |
Ìý |
$ |
(1,050 |
) |
Ìý |
$ |
8 |
Ìý |
Ìý |
$ |
4 |
Ìý |
Ìý |
$ |
(1,366 |
) |
Ìý |
$ |
20 |
Ìý |
Ìý |
$ |
(1,346 |
) |
| (a) |
Amounts are net of tax of $56 million and $68 million as of DecemberÌý31, 2020 and JanuaryÌý1, 2020, respectively. |
| (b) |
Amounts are net of tax of $153 millionÌýand $148 million as of DecemberÌý31, 2020 and JanuaryÌý1, 2020, respectively. |
| (c) |
See table below for details about these reclassifications. |
Ìý
| Ìý |
Ìý |
Amounts reclassified |
Ìý |
Ìý |
Ìý |
| Ìý |
Ìý |
from accumulated |
Ìý |
Ìý |
Ìý |
| Ìý |
Ìý |
other |
Ìý |
Ìý |
Ìý |
| Ìý |
Ìý |
comprehensive loss |
Ìý |
Ìý |
Affected line item in |
| Details about Accumulated Other |
Ìý |
Year ended December 31, |
Ìý |
Ìý |
where net income |
| Comprehensive Loss Components(a): |
Ìý |
2021 |
Ìý |
Ìý |
2020 |
Ìý |
Ìý |
2019 |
Ìý |
Ìý |
is presented |
| Amortization of pension and other postretirement benefits: |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
| Prior service credit |
Ìý |
$ |
(12 |
) |
Ìý |
$ |
(12 |
) |
Ìý |
$ |
(11 |
) |
(b)(d) |
Other income, net |
| Settlement loss |
Ìý |
Ìý |
3 |
Ìý |
Ìý |
Ìý |
43 |
Ìý |
Ìý |
Ìý |
1 |
Ìý |
(b)(c) |
Other income, net |
| Curtailment gain |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
(2 |
) |
Ìý |
Ìý |
� |
Ìý |
(c) |
Other income, net |
| Actuarial loss |
Ìý |
Ìý |
92 |
Ìý |
Ìý |
Ìý |
82 |
Ìý |
Ìý |
Ìý |
72 |
Ìý |
(b)(d) |
Other income, net |
| Ìý |
Ìý |
Ìý |
83 |
Ìý |
Ìý |
Ìý |
111 |
Ìý |
Ìý |
Ìý |
62 |
Ìý |
Ìý |
Total before tax |
| Ìý |
Ìý |
Ìý |
(18 |
) |
Ìý |
Ìý |
(25 |
) |
Ìý |
Ìý |
(12 |
) |
Ìý |
Income tax expense |
| Total reclassifications for the period |
Ìý |
$ |
65 |
Ìý |
Ìý |
$ |
86 |
Ìý |
Ìý |
$ |
50 |
Ìý |
Ìý |
Net of tax |
| (a) |
Pension and other postretirement benefits amounts in parentheses indicate credits on our consolidated statements of operations. |
| (b) |
These accumulated other comprehensive loss components are included in the computation of net periodic pension costs. See “Note 18. Employee Benefit Plans.� |
| (c) |
In connection with the sale of our Chemical Intermediates Businesses, we recognized $41 million of pension and other postemployment benefit settlement losses during the year ended December 31, 2020.
|
| (d) |
Amounts contain approximately $6Ìýmillion, $5 million and $7 million of prior service credit and actuarial loss related to discontinued operations for the years ended December 31, 2021, 2020 and 2019, respectively. |
Ìý
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International
Ìý
| Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Pension |
Ìý |
Ìý |
Other |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
| Ìý |
Ìý |
Foreign |
Ìý |
Ìý |
and other |
Ìý |
Ìý |
comprehensive |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Amounts |
Ìý |
Ìý |
Amounts |
Ìý |
| Ìý |
Ìý |
currency |
Ìý |
Ìý |
postretirement |
Ìý |
Ìý |
income of |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
attributable to |
Ìý |
Ìý |
attributable to |
Ìý |
| Ìý |
Ìý |
translation |
Ìý |
Ìý |
benefits |
Ìý |
Ìý |
unconsolidated |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
noncontrolling |
Ìý |
Ìý |
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ |
Ìý |
| Ìý |
Ìý |
adjustment(a) |
Ìý |
Ìý |
adjustments(b) |
Ìý |
Ìý |
affiliates |
Ìý |
Ìý |
Other, net |
Ìý |
Ìý |
Total |
Ìý |
Ìý |
interests |
Ìý |
Ìý |
International |
Ìý |
| Beginning balance, January 1, 2021 |
Ìý |
$ |
(333 |
) |
Ìý |
$ |
(1,028 |
) |
Ìý |
$ |
8 |
Ìý |
Ìý |
$ |
� |
Ìý |
Ìý |
$ |
(1,353 |
) |
Ìý |
$ |
20 |
Ìý |
Ìý |
$ |
(1,333 |
) |
| Other comprehensive income (loss) before reclassifications, gross |
Ìý |
Ìý |
(90 |
) |
Ìý |
Ìý |
229 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
2 |
Ìý |
Ìý |
Ìý |
141 |
Ìý |
Ìý |
Ìý |
(7 |
) |
Ìý |
Ìý |
134 |
Ìý |
| Tax benefit |
Ìý |
Ìý |
(1 |
) |
Ìý |
Ìý |
(56 |
) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
(57 |
) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
(57 |
) |
| Amounts reclassified from accumulated other comprehensive loss, gross(c) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
86 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
86 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
86 |
Ìý |
| Tax expense |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
(17 |
) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
(17 |
) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
(17 |
) |
| Net current-period other comprehensive (loss) income |
Ìý |
Ìý |
(91 |
) |
Ìý |
Ìý |
242 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
2 |
Ìý |
Ìý |
Ìý |
153 |
Ìý |
Ìý |
Ìý |
(7 |
) |
Ìý |
Ìý |
146 |
Ìý |
| Ending balance, December 31, 2021 |
Ìý |
$ |
(424 |
) |
Ìý |
$ |
(786 |
) |
Ìý |
$ |
8 |
Ìý |
Ìý |
$ |
2 |
Ìý |
Ìý |
$ |
(1,200 |
) |
Ìý |
$ |
13 |
Ìý |
Ìý |
$ |
(1,187 |
) |
| (a) |
Amounts are net of tax of $43 million for both DecemberÌý31, 2021 and JanuaryÌý1, 2021. |
| (b) |
Amounts are net of tax of $105Ìýmillion and $178 million as of DecemberÌý31, 2021 and JanuaryÌý1, 2021, respectively. |
| (c) |
See table below for details about these reclassifications. |
Ìý
| Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Pension |
Ìý |
Ìý |
Other |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
| Ìý |
Ìý |
Foreign |
Ìý |
Ìý |
and other |
Ìý |
Ìý |
comprehensive |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Amounts |
Ìý |
Ìý |
Amounts |
Ìý |
| Ìý |
Ìý |
currency |
Ìý |
Ìý |
postretirement |
Ìý |
Ìý |
income of |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
attributable to |
Ìý |
Ìý |
attributable to |
Ìý |
| Ìý |
Ìý |
translation |
Ìý |
Ìý |
benefits |
Ìý |
Ìý |
unconsolidated |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
noncontrolling |
Ìý |
Ìý |
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ |
Ìý |
| Ìý |
Ìý |
adjustment(a) |
Ìý |
Ìý |
adjustments(b) |
Ìý |
Ìý |
affiliates |
Ìý |
Ìý |
Other, net |
Ìý |
Ìý |
Total |
Ìý |
Ìý |
interests |
Ìý |
Ìý |
International |
Ìý |
| Beginning balance, January 1, 2020 |
Ìý |
$ |
(374 |
) |
Ìý |
$ |
(1,012 |
) |
Ìý |
$ |
8 |
Ìý |
Ìý |
$ |
� |
Ìý |
Ìý |
$ |
(1,378 |
) |
Ìý |
$ |
26 |
Ìý |
Ìý |
$ |
(1,352 |
) |
| Other comprehensive income (loss) before reclassifications, gross |
Ìý |
Ìý |
29 |
Ìý |
Ìý |
Ìý |
(135 |
) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
(106 |
) |
Ìý |
Ìý |
(6 |
) |
Ìý |
Ìý |
(112 |
) |
| Tax benefit |
Ìý |
Ìý |
12 |
Ìý |
Ìý |
Ìý |
30 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
42 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
42 |
Ìý |
| Amounts reclassified from accumulated other comprehensive loss, gross(c) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
115 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
115 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
115 |
Ìý |
| Tax expense |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
(26 |
) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
(26 |
) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
(26 |
) |
| Net current-period other comprehensive (loss) income |
Ìý |
Ìý |
41 |
Ìý |
Ìý |
Ìý |
(16 |
) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
25 |
Ìý |
Ìý |
Ìý |
(6 |
) |
Ìý |
Ìý |
19 |
Ìý |
| Ending balance, December 31, 2020 |
Ìý |
$ |
(333 |
) |
Ìý |
$ |
(1,028 |
) |
Ìý |
$ |
8 |
Ìý |
Ìý |
$ |
� |
Ìý |
Ìý |
$ |
(1,353 |
) |
Ìý |
$ |
20 |
Ìý |
Ìý |
$ |
(1,333 |
) |
| (a) |
Amounts are net of tax of $43 million and $55 millionÌýas of DecemberÌý31, 2020 and JanuaryÌý1, 2020, respectively. |
| (b) |
Amounts are net of tax of $178 million and $174 million as of DecemberÌý31, 2020 and JanuaryÌý1, 2020, respectively. |
| (c) |
See table below for details about these reclassifications. |
Ìý
| Ìý |
Ìý |
Amounts reclassified |
Ìý |
Ìý |
Ìý |
| Ìý |
Ìý |
from accumulated |
Ìý |
Ìý |
Ìý |
| Ìý |
Ìý |
other |
Ìý |
Ìý |
Ìý |
| Ìý |
Ìý |
comprehensive loss |
Ìý |
Ìý |
Affected line item in |
| Details about Accumulated Other |
Ìý |
Year ended December 31, |
Ìý |
Ìý |
where net income |
| Comprehensive Loss Components(a): |
Ìý |
2021 |
Ìý |
Ìý |
2020 |
Ìý |
Ìý |
2019 |
Ìý |
Ìý |
is presented |
| Amortization of pension and other postretirement benefits: |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
| Prior service credit |
Ìý |
$ |
(12 |
) |
Ìý |
$ |
(12 |
) |
Ìý |
$ |
(11 |
) |
(b)(d) |
Other income, net |
| Settlement loss |
Ìý |
Ìý |
3 |
Ìý |
Ìý |
Ìý |
43 |
Ìý |
Ìý |
Ìý |
1 |
Ìý |
(b)(c) |
Other income, net |
| Curtailment gain |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
(2 |
) |
Ìý |
Ìý |
� |
Ìý |
(c) |
Other income, net |
| Actuarial loss |
Ìý |
Ìý |
95 |
Ìý |
Ìý |
Ìý |
86 |
Ìý |
Ìý |
Ìý |
75 |
Ìý |
(b)(d) |
Other income, net |
| Ìý |
Ìý |
Ìý |
86 |
Ìý |
Ìý |
Ìý |
115 |
Ìý |
Ìý |
Ìý |
65 |
Ìý |
Ìý |
Total before tax |
| Ìý |
Ìý |
Ìý |
(17 |
) |
Ìý |
Ìý |
(26 |
) |
Ìý |
Ìý |
(12 |
) |
Ìý |
Income tax expense |
| Total reclassifications for the period |
Ìý |
$ |
69 |
Ìý |
Ìý |
$ |
89 |
Ìý |
Ìý |
$ |
53 |
Ìý |
Ìý |
Net of tax |
| (a) |
Pension and other postretirement benefits amounts in parentheses indicate credits on our consolidated statements of operations. |
| (b) |
These accumulated other comprehensive loss components are included in the computation of net periodic pension costs. See “NoteÌý18. Employee Benefit Plans.â€� |
| (c) |
In connection with the sale of our Chemical Intermediates Businesses, we recognized $41 million of pension and other postemployment benefit settlement losses during the year ended December 31, 2020.
|
| (d) |
Amounts contain approximately $6Ìýmillion, $5 million and $7 million of prior service credit and actuarial loss related to discontinued operations for the years ended December 31, 2021, 2020 and 2019, respectively. |
Ìý
Items of other comprehensive income (loss) of our Company and our consolidated affiliates have been recorded net of tax, with the exception of the foreign currency translation adjustments related to subsidiaries with earnings permanently reinvested. The tax effect is determined based upon the jurisdiction where the income or loss was recognized and is net of valuation allowances.
Ìý
|