The changes in accumulated other comprehensive loss by component for the years ended December 31, 2024, 2023, and 2022, were as follows: | | | | | | | | | | | | | | | | | | ($ in millions) | | Benefit Plans | | | | Total | | Balance as of December 31, 2021 | | $ | (923) | | | | | $ | (923) | | | Other comprehensive income before reclassifications | | 390 | | | | | 390 | | | Amounts reclassified from accumulated other comprehensive loss | | | | | | | Amortization of prior service cost1 | | 18 | | | | | 18 | | Amortization of net actuarial loss1 | | 32 | | | | | 32 | | Settlement gain1 | | (4) | | | | | (4) | | | | | | | | | | Tax benefit (expense) for items of other comprehensive income | | (112) | | | | | (112) | | | Net current period other comprehensive income | | 324 | | | | | 324 | | | Balance as of December 31, 2022 | | (599) | | | | | (599) | | | Other comprehensive income before reclassifications | | 221 | | | | | 221 | | | Amounts reclassified from accumulated other comprehensive loss | | | | | | | Amortization of prior service cost1 | | 15 | | | | | 15 | | Amortization of net actuarial loss1 | | 2 | | | | | 2 | | | | | | | | | | | | | | | | | Tax expense for items of other comprehensive income | | (61) | | | | | (61) | | | Net current period other comprehensive income | | 177 | | | | | 177 | | | Balance as of December 31, 2023 | | (422) | | | | | (422) | | | Other comprehensive income before reclassifications | | 509 | | | | | 509 | | | Amounts reclassified from accumulated other comprehensive loss | | | | | | | Amortization of prior service cost1 | | 14 | | | | | 14 | | Amortization of net actuarial loss1 | | 5 | | | | | 5 | | | | | | | | | | | | | | | | | Tax expense for items of other comprehensive income | | (134) | | | | | (134) | | | Net current period other comprehensive income | | 394 | | | | | 394 | | | Balance as of December 31, 2024 | | $ | (28) | | | | | $ | (28) | |
1 These accumulated comprehensive loss components are included in the computation of net periodic benefit cost. See Note 16: Employee Pension and Other Postretirement Benefits. The tax expense recorded in stockholders' equity for the amounts reclassified from accumulated other comprehensive loss for the years ended December 31, 2024, 2023, and 2022, was $5 million, $4 million, and $12 million, respectively.
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