v3.19.3.a.u2
Accumulated Other Comprehensive Income (Tables)
12 Months Ended
Dec. 31, 2019
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated other comprehensive income in the equity section of the balance sheet included
Note 20—Accumulated Other Comprehensive Loss
Accumulated other comprehensive loss in the
 
equity section of the balance sheet included:
Millions of Dollars
Defined
Benefit Plans
Net
Unrealized
Loss on
Securities
Foreign
Currency
Translation
Accumulated
Other
Comprehensive
Loss
December 31, 2016
$
(547)
-
(5,646)
(6,193)
Other comprehensive income (loss)
147
(58)
586
675
December 31, 2017
(400)
(58)
(5,060)
(5,518)
Other comprehensive income (loss)
39
-
(642)
(603)
Cumulative effect of adopting ASU No. 2016-01*
-
58
-
58
December 31, 2018
(361)
-
(5,702)
(6,063)
Other comprehensive income
51
-
695
746
Cumulative effect of adopting ASU No. 2018-02**
(40)
-
-
(40)
December 31, 2019
$
(350)
-
(5,007)
(5,357)
 
*We adopted ASU No. 2016-01, "Recognition and Measurement of Financial Assets and Liabilities," beginning
 
January 1, 2018.
 
**See Note 2
Changes in Accounting Principles for additional information.
During 2019, we recognized $
483
 
million of foreign currency translation adjustments
 
related to the completion
of our sale of two ConocoPhillips U.K. subsidiaries.
 
For additional information related to this
 
disposition, see
Note 5—Asset Acquisitions and Dispositions.
There were no items within accumulated other comprehensive
 
loss related to noncontrolling interests.
Items reclassified out of accumulated other comprehensive income (loss)
The following table summarizes reclassifications
 
out of accumulated other comprehensive loss during
 
the years
ended December 31:
Millions of Dollars
2019
2018
Defined Benefit Plans
$
88
189
Above amounts are included in the computation of net periodic benefit cost
 
and
 
are presented net of tax expense of:
$
23
50
See Note 18—Employee Benefit Plans, for additional information.