XML 44 R33.htm IDEA: XBRL DOCUMENT
v3.21.1

Changes in Accumulated Other Comprehensive Income (Loss) (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2021
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract] |
Components of comprehensive income (loss), net of tax | Changes in each component for the three months ended March 31, 2021 and 2020 were as follows:
Three Months Ended March 31, 2021 (Millions), net of tax |  | Net Unrealized Gains (Losses) on Debt Securities |  | Foreign Currency Translation Adjustment Gains (Losses) |  | Net Unrealized Pension and Other Postretirement Benefit Gains (Losses) |  | Accumulated Other Comprehensive Income (Loss)
Balances as of December 31, 2020 |  | $ | 65 |  |  | $ | (2,229) |  |  | $ | (731) |  |  | $ | (2,895) |
Net unrealized losses |  | (12) |  |  | — |  |  | — |  |  | (12) |
Net translation on investments in foreign operations |  | — |  |  | (23) |  |  | — |  |  | (23) |
Net hedges of investments in foreign operations |  | — |  |  | 6 |  |  | — |  |  | 6 |
Pension and other postretirement benefits |  | — |  |  | — |  |  | 26 |  |  | 26 |
Net change in accumulated other comprehensive income (loss) |  | (12) |  |  | (17) |  |  | 26 |  |  | (3) |
Balances as of March 31, 2021 |  | $ | 53 |  |  | $ | (2,246) |  |  | $ | (705) |  |  | $ | (2,898) |
Three Months Ended March 31, 2020 (Millions), net of tax |  | Net Unrealized Gains (Losses) on Debt Securities |  | Foreign Currency Translation Adjustment Gains (Losses) |  | Net Unrealized Pension and Other Postretirement Benefit Gains (Losses) |  | Accumulated Other Comprehensive Income (Loss)
Balances as of December 31, 2019 |  | $ | 33 |  |  | $ | (2,189) |  |  | $ | (581) |  |  | $ | (2,737) |
Net unrealized gains |  | 57 |  |  | — |  |  | — |  |  | 57 |
Net translation on investments in foreign operations |  | — |  |  | (1,054) |  |  | — |  |  | (1,054) |
Net hedges of investments in foreign operations |  | — |  |  | 732 |  |  | — |  |  | 732 |
Pension and other postretirement benefits |  | — |  |  | — |  |  | 6 |  |  | 6 |
Net change in accumulated other comprehensive income (loss) |  | 57 |  |  | (322) |  |  | 6 |  |  | (259) |
Balances as of March 31, 2020 |  | $ | 90 |  |  | $ | (2,511) |  |  | $ | (575) |  |  | $ | (2,996) |
The following table shows the tax impact for the three months ended March 31 for the changes in each component of AOCI presented above:
| Tax expense (benefit) |  |  |  |
| Three Months Ended March 31, |  |
(Millions) | 2021 |  | 2020 |  |  |  |
Net unrealized (losses) gains on debt securities | $ | (3) |  |  | $ | 18 |  |  |  |  |
Net translation on investments in foreign operations | 8 |  |  | 30 |  |  |  |  |
Net hedges of investments in foreign operations | — |  |  | 230 |  |  |  |  |
Pension and other postretirement benefits | 11 |  |  | 12 |  |  |  |  |
Total tax impact | $ | 16 |  |  | $ | 290 |  |  |  |  |

X
- References No definition available. + Details
Name: | us-gaap_ComprehensiveIncomeNetOfTaxAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e526-108580 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration