XML 34 R14.htm IDEA: XBRL DOCUMENT
v3.21.2

Other Comprehensive Income | 6 Months Ended
--- | ---
Jun. 30, 2021
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 for the three and six months ended June 30, 2021 and 2020:
| Three Months Ended June 30, |  | Six Months Ended June 30,
In millions | 2021 |  | 2020 |  | 2021 |  | 2020
Net unrealized investment gains (losses): |  |  |  |  |  |  |
Beginning of period balance | $ | 828 |  |  | $ | 463 |  |  | $ | 1,214 |  |  | $ | 774 |
Other comprehensive income (loss) before reclassifications ($214, $681, $(273), $195 pretax) | 164 |  |  | 560 |  |  | (236) |  |  | 166 |
Amounts reclassified from accumulated other comprehensive income ($(18), $(44), $(1), $57 pretax) (1) | (15) |  |  | (36) |  |  | (1) |  |  | 47 |
Other comprehensive income (loss) | 149 |  |  | 524 |  |  | (237) |  |  | 213 |
End of period balance | 977 |  |  | 987 |  |  | 977 |  |  | 987 |
Foreign currency translation adjustments: |  |  |  |  |  |  |
Beginning of period balance | 5 |  |  | (8) |  |  | 7 |  |  | 4 |
Other comprehensive income (loss) before reclassifications | 1 |  |  | 6 |  |  | (1) |  |  | (6) |
Other comprehensive income (loss) | 1 |  |  | 6 |  |  | (1) |  |  | (6) |
End of period balance | 6 |  |  | (2) |  |  | 6 |  |  | (2) |
Net cash flow hedges: |  |  |  |  |  |  |
Beginning of period balance | 244 |  |  | 270 |  |  | 248 |  |  | 279 |
Other comprehensive loss before reclassifications ($0, $0, $0, $(7) pretax) | — |  |  | — |  |  | — |  |  | (5) |
Amounts reclassified from accumulated other comprehensive income ($(4), $(4), $(9), $(10) pretax) (2) | (3) |  |  | (3) |  |  | (7) |  |  | (7) |
Other comprehensive loss | (3) |  |  | (3) |  |  | (7) |  |  | (12) |
End of period balance | 241 |  |  | 267 |  |  | 241 |  |  | 267 |
Pension and other postretirement benefits: |  |  |  |  |  |  |
Beginning of period balance | (55) |  |  | (38) |  |  | (55) |  |  | (38) |
Other comprehensive loss before reclassifications ($0, $(8), $0, and $(8) pretax) | — |  |  | (6) |  |  | — |  |  | (6) |
Amounts reclassified from accumulated other comprehensive loss ($1, $7, $1 and $7 pretax) (3) | 1 |  |  | 5 |  |  | 1 |  |  | 5 |
Other comprehensive income (loss) | 1 |  |  | (1) |  |  | 1 |  |  | (1) |
End of period balance | (54) |  |  | (39) |  |  | (54) |  |  | (39) |
Total beginning of period accumulated other comprehensive income | 1,022 |  |  | 687 |  |  | 1,414 |  |  | 1,019 |
Total other comprehensive income (loss) | 148 |  |  | 526 |  |  | (244) |  |  | 194 |
Total end of period accumulated other comprehensive income | $ | 1,170 |  |  | $ | 1,213 |  |  | $ | 1,170 |  |  | $ | 1,213 |
_____________________________________________ (1)Amounts reclassified from accumulated other comprehensive income for specifically identified debt securities are included in net investment income in the unaudited condensed consolidated statements of operations. (2)Amounts reclassified from accumulated other comprehensive income for specifically identified cash flow hedges are included in interest expense in the unaudited condensed consolidated statements of operations. The Company expects to reclassify approximately $13 million, net of tax, in net gains associated with its cash flow hedges into net income within the next 12 months. (3)Amounts reclassified from accumulated other comprehensive loss for specifically identified pension and other postretirement benefits are included in other income in the unaudited condensed 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 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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