v3.19.3.a.u2
Accumulated Other Comprehensive Income (Loss)
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)

22. Accumulated Other Comprehensive Income (Loss)

The following table presents changes in AOCI by component for 2019, 2018 and 2017:

 

(in millions)

 

2019

 

 

2018

 

 

2017

 

Beginning balance

 

$

(691

)

 

$

(432

)

 

$

(716

)

Foreign currency translation adjustments(1)

 

 

120

 

 

 

(253

)

 

 

284

 

Reclassification as a result of adoption of accounting guidance

 

 

 

 

 

(6

)

 

 

 

Ending balance

 

$

(571

)

 

$

(691

)

 

$

(432

)

 

(1)

Amounts for 2019 and 2018 include gains from a net investment hedge of $11 million (net of tax expense of $3 million) and $30 million (net of tax expense of $10 million), respectively. Amount for 2017 includes a loss from a net investment hedge of $64 million (net of tax benefit of $38 million).