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Accumulated Other Comprehensive Income (Loss)
 12 Months Ended
Dec. 31, 2023
Analysis Of Other Comprehensive Income By Item [Abstract]  
Accumulated Other Comprehensive Income (Loss)
The following table provides a reconciliation by risk category of the accumulated other comprehensive income and analysis of OCI items resulting from hedge accounting:
For the years ended December 31,20232022
Unrealized gains (losses) on cash flow hedgesUnrealized foreign currency translation gains (losses), net of hedging activitiesUnrealized gains (losses) on cash flow hedgesUnrealized foreign currency translation gains (losses), net of hedging activities
Cash flow hedges
Balance, January 1$(18)$1,689 
(1)
$(7)$953 
Effective portion of changes in fair value:
Foreign currency risk(17)(285)44 670 
Equity price risk7 — (8)— 
Net amount reclassified to income (loss):
Foreign currency risk37 (49)(51)— 
Equity price risk(3)— (2)— 
Related tax(7)(5)6 7 
Balance, December 31$(1)$1,350 $(18)$1,630 

(1)    Restated, see Note 2.
26. Accumulated Other Comprehensive Income (Loss)
Changes in accumulated other comprehensive income (loss), net of taxes, are as follows:
For the years ended December 31,20232022
(restated, see Note 2)
Balance,
beginning
of year (restated, see Note 2)
Transition adjustment
Balance, beginning of year (adjusted)
Other
comprehensive income (loss)		Other
Balance, end of
year
Balance,
beginning
of year
Transition adjustment
Balance,
beginning
of year (adjusted)
Other
comprehensive
income (loss)
Balance, end of year
Items that may be reclassified subsequently to income:
Unrealized foreign currency translation gains (losses), net of hedging activities$1,630 $59 $1,689 $(339)$— $1,350 $953 $— $953 $677 $1,630 
Unrealized gains (losses) on FVOCI assets(1,333)494 (839)485 — (354)266 (116)150 (1,483)(1,333)
Unrealized gains (losses) on cash flow hedges(18)— (18)17 — (1)(7)— (7)(11)(18)
Share of other comprehensive income (loss) in joint ventures and associates(107)— (107)(44)— (151)(47)— (47)(60)(107)
Items that will not be reclassified subsequently to income:
Remeasurement of defined benefit plans(149)— (149)(105)37 
(1)
(217)(320)— (320)171 (149)
Share of other comprehensive income (loss) in joint ventures and associates(5)— (5)7 — 2 (2)— (2)(3)(5)
Revaluation surplus on transfers to investment properties143 — 143 — — 143 145 — 145 (2)143 
Total$161 $553 $714 $21 $37 $772 $988 $(116)$872 $(711)$161 
Total attributable to:
Participating account$(3)$— $(3)$9 $— $6 $2 $— $2 $(5)$(3)
Non-controlling interests4 — 4 (3)— 1 — — — 4 4 
Shareholders160 553 713 15 37 765 986 (116)870 (710)160 
Total$161 $553 $714 $21 $37 $772 $988 $(116)$872 $(711)$161 

(1)    During 2023, the Company transferred cumulative remeasurement losses of $37 from Accumulated other comprehensive income (loss) to Retained earnings due to the sale of Sun Life UK.