Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2024

The following table presents changes in AOCI for the three and six months ended June 30, 2024 and 2023:


	Three Months Ended						Six Months Ended
	June 30,						June 30,
(in millions)	2024			2023			2024			2023
Beginning balance	$	(933	)	$	(975	)	$	(840	)	$	(1,101	)
Foreign currency translation adjustments(1)		(45	)		95			(138	)		221
Ending balance	$	(978	)	$	(880	)	$	(978	)	$	(880	)

(1)

Amounts for the three months ended June 30, 2024 and 2023 include a gain from a net investment hedge of $4 million (net of tax expense of $1 million) and a loss from a net investment hedge of $2 million (net of tax benefit of $1 million), respectively. Amounts for the six months ended June 30, 2024 and 2023 include a gain from a net investment hedge of $18 million (net of tax expense of $5 million) and a loss from a net investment hedge of $13 million (net of tax benefit of $4 million), respectively.