XML 83 R21.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Other Comprehensive Income | 12 Months Ended
--- | ---
Dec. 31, 2019
Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Other Comprehensive Income | Other Comprehensive Income Shareholders’ equity included the following activity in accumulated other comprehensive income (loss) in 2019, 2018 and 2017:
| At December 31,
In millions | 2019 |  | 2018 |  | 2017
Net unrealized investment gains: |  |  |  |  |
Beginning of year balance | $ | 97 |  |  | $ | — |  |  | $ | — |
Other comprehensive income before reclassifications ($927, $132 and $0 pretax) | 763 |  |  | 97 |  |  | — |
Amounts reclassified from accumulated other comprehensive income ($(105), $1 and $0 pretax) (1) | (86 | ) |  | — |  |  | — |
Other comprehensive income | 677 |  |  | 97 |  |  | — |
End of year balance | 774 |  |  | 97 |  |  | — |
Foreign currency translation adjustments: |  |  |  |  |
Beginning of year balance | (158 | ) |  | (129 | ) |  | (127 | )
Other comprehensive income (loss) before reclassifications | 8 |  |  | (29 | ) |  | (2 | )
Amounts reclassified from accumulated other comprehensive loss (2) | 154 |  |  | — |  |  | — |
Other comprehensive income (loss) | 162 |  |  | (29 | ) |  | (2 | )
End of year balance | 4 |  |  | (158 | ) |  | (129 | )
Net cash flow hedges: |  |  |  |  |
Beginning of year balance | 312 |  |  | (15 | ) |  | (5 | )
Adoption of new accounting standard (3) | — |  |  | (3 | ) |  | — |
Other comprehensive income (loss) before reclassifications ($(25), $465 and $(18) pretax) | (18 | ) |  | 344 |  |  | (11 | )
Amounts reclassified from accumulated other comprehensive income (loss) ($(20), $(19) and $2 pretax) (4) | (15 | ) |  | (14 | ) |  | 1 |
Other comprehensive income (loss) | (33 | ) |  | 330 |  |  | (10 | )
End of year balance | 279 |  |  | 312 |  |  | (15 | )
Pension and other postretirement benefits: |  |  |  |  |
Beginning of year balance | (149 | ) |  | (21 | ) |  | (173 | )
Adoption of new accounting standard (3) | — |  |  | (4 | ) |  | — |
Other comprehensive income (loss) before reclassifications ($162, $(178) and $0 pretax) | 120 |  |  | (132 | ) |  | — |
Amounts reclassified from accumulated other comprehensive loss ($(12), $11 and $249 pretax) (5) | (9 | ) |  | 8 |  |  | 152 |
Other comprehensive income (loss) | 111 |  |  | (124 | ) |  | 152 |
End of year balance | (38 | ) |  | (149 | ) |  | (21 | )
Total beginning of year accumulated other comprehensive income (loss) | 102 |  |  | (165 | ) |  | (305 | )
Adoption of new accounting standard (3) | — |  |  | (7 | ) |  | — |
Total other comprehensive income | 917 |  |  | 274 |  |  | 140 |
Total end of year accumulated other comprehensive income (loss) | $ | 1,019 |  |  | $ | 102 |  |  | $ | (165 | )
_____________________________________________
(1) | Amounts reclassified from accumulated other comprehensive income for specifically identified debt securities are included in net investment income in the consolidated statements of operations.
(2) | Amounts reclassified from accumulated other comprehensive loss represent the elimination of the cumulative translation adjustment associated with the sale of Onofre, which was sold on July 1, 2019. The loss on the divestiture of Onofre is reflected in operating expenses in the consolidated statements of operations.
(3) | Reflects the adoption of ASU 2018-02, Income Statement Reporting Comprehensive Income (Topic 220); Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income during the year ended December 31, 2018.
(4) | Amounts reclassified from accumulated other comprehensive income (loss) for specifically identified cash flow hedges are included within interest expense in the consolidated statements of operations. The Company expects to reclassify approximately $14 million, net of tax, in net gains associated with its cash flow hedges into net income within the next 12 months.
(5) Amounts reclassified from accumulated other comprehensive loss for specifically identified pension and other postretirement benefits are included in other expense (income) in the consolidated statements of operations.

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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