v3.22.0.1
Accumulated Other Comprehensive Income (Loss)
12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)

22. Accumulated Other Comprehensive Income (Loss)

The following table presents changes in AOCI for 2021, 2020 and 2019:

 

(in millions)

 

2021

 

 

2020

 

 

2019

 

Beginning balance

 

$

(337

)

 

$

(571

)

 

$

(691

)

Foreign currency translation adjustments(1)

 

 

(213

)

 

 

234

 

 

 

120

 

Ending balance

 

$

(550

)

 

$

(337

)

 

$

(571

)

 

(1)

Amount for 2021 includes a gain from a net investment hedge of $46 million (net of tax expense of $14 million). Amount for 2020 includes a loss from a net investment hedge of $54 million (net of tax benefit of $17 million). Amount for 2019 includes a gain from a net investment hedge of $11 million (net of tax expense of $3 million).