v3.22.1
Accumulated Other Comprehensive Income (Loss)
3 Months Ended
Mar. 31, 2022
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)

19. Accumulated Other Comprehensive Income (Loss)

The following table presents changes in AOCI for the three months ended March 31, 2022 and 2021:

 

 

Three Months Ended

 

 

March 31,

 

(in millions)

2022

 

 

2021

 

Beginning balance

$

(550

)

 

$

(337

)

Foreign currency translation adjustments(1)

 

(125

)

 

 

(74

)

Ending balance

$

(675

)

 

$

(411

)

 

(1)

Amounts for the three months ended March 31, 2022 and 2021 include gains from a net investment hedge of $13 million (net of tax expense of $4 million) and $26 million (net of tax expense of $8 million), respectively.