| Other Comprehensive Income |
NOTE 3. OTHER COMPREHENSIVE INCOME Changes in the balances of each component included in accumulated OCI are presented below. All amounts are net of tax. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Foreign Currency Translation Adjustment | | Net Unrealized Gains (Losses) on Securities | | Net Unrealized Gains (Losses) on Derivative Instruments | | Defined Benefit Postretirement Plans | | Accumulated Other Comprehensive Income (Loss) | | Balance as of December 31, 2023 | $ | (1,337) | | | $ | (57) | | | $ | (1,029) | | | $ | 4,723 | | | $ | 2,300 | | Other comprehensive income (loss) before reclassifications | (329) | | | 13 | | | (364) | | | — | | | (680) | | Amounts reclassified from accumulated OCI | 127 | | 1 | 10 | | 1 | 33 | | 2 | (1,142) | | 3 | (972) | | Net other comprehensive income (loss) | (202) | | | 23 | | | (331) | | | (1,142) | | | (1,652) | | | Balance as of September 30, 2024 | $ | (1,539) | | | $ | (34) | | | $ | (1,360) | | | $ | 3,581 | | | $ | 648 | | | | | | | | | | | | | | Foreign Currency Translation Adjustment | | Net Unrealized Gains (Losses) on Securities | | Net Unrealized Gains (Losses) on Derivative Instruments | | Defined Benefit Postretirement Plans | | Accumulated Other Comprehensive Income (Loss) | | Balance as of December 31, 2022 | $ | (1,800) | | | $ | (90) | | | $ | (1,998) | | | $ | 6,654 | | | $ | 2,766 | | Other comprehensive income (loss) before reclassifications | 367 | | | (25) | | | 867 | | | — | | | 1,209 | | Amounts reclassified from accumulated OCI | — | | 1 | 7 | | 1 | 35 | | 2 | (1,472) | | 3 | (1,430) | | Net other comprehensive income (loss) | 367 | | | (18) | | | 902 | | | (1,472) | | | (221) | | | Balance as of September 30, 2023 | $ | (1,433) | | | $ | (108) | | | $ | (1,096) | | | $ | 5,182 | | | $ | 2,545 | | 1(Gains) losses are included in “Other income (expense) - net” in the consolidated statements of income. | 2(Gains) losses are primarily included in “Interest expense” in the consolidated statements of income (see Note 7). | 3The amortization of prior service credits associated with postretirement benefits are included in “Other income (expense) - net” in the consolidated statements of income (see Note 6). |
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