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Other Comprehensive Income (Loss) (Tables) | 3 Months Ended
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Mar. 31, 2024
Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Schedule of Accumulated Other Comprehensive Income | Shareholders’ equity included the following activity in accumulated other comprehensive loss for the three months ended March 31, 2024 and 2023:
| Three Months Ended March 31, |  |
In millions | 2024 |  | 2023 |  |  |  |
Net unrealized investment losses: |  |  |  |  |  |  |
Beginning of period balance | $ | (429) |  |  | $ | (1,519) |  |  |  |  |
Other comprehensive income (loss) before reclassifications ($(162) and $340 pretax) | (156) |  |  | 339 |  |  |  |  |
Amounts reclassified from accumulated other comprehensive loss ($54 and $131 pretax) (1) | 48 |  |  | 131 |  |  |  |  |
Other comprehensive income (loss) | (108) |  |  | 470 |  |  |  |  |
End of period balance | (537) |  |  | (1,049) |  |  |  |  |
Change in discount rate on long-duration insurance reserves: |  |  |  |  |  |  |
Beginning of period balance | 152 |  |  | 219 |  |  |  |  |
Other comprehensive income (loss) before reclassifications ($88 and $(101) pretax) | 68 |  |  | (74) |  |  |  |  |
Other comprehensive income (loss) | 68 |  |  | (74) |  |  |  |  |
End of period balance | 220 |  |  | 145 |  |  |  |  |
Foreign currency translation adjustments: |  |  |  |  |  |  |
Beginning of period balance | — |  |  | — |  |  |  |  |
Other comprehensive loss before reclassifications | — |  |  | (1) |  |  |  |  |
Other comprehensive loss | — |  |  | (1) |  |  |  |  |
End of period balance | — |  |  | (1) |  |  |  |  |
Net cash flow hedges: |  |  |  |  |  |  |
Beginning of period balance | 244 |  |  | 239 |  |  |  |  |
Other comprehensive loss before reclassifications ($0 and $(5) pretax) | — |  |  | (4) |  |  |  |  |
Amounts reclassified from accumulated other comprehensive income ($(6) and $(3) pretax) (2) | (4) |  |  | (2) |  |  |  |  |
Other comprehensive loss | (4) |  |  | (6) |  |  |  |  |
End of period balance | 240 |  |  | 233 |  |  |  |  |
Pension and other postretirement benefits: |  |  |  |  |  |  |
Beginning of period balance | (264) |  |  | (203) |  |  |  |  |
Other comprehensive income | — |  |  | — |  |  |  |  |
End of period balance | (264) |  |  | (203) |  |  |  |  |
Total beginning of period accumulated other comprehensive loss | (297) |  |  | (1,264) |  |  |  |  |
Total other comprehensive income (loss) | (44) |  |  | 389 |  |  |  |  |
Total end of period accumulated other comprehensive loss | $ | (341) |  |  | $ | (875) |  |  |  |  |
_____________________________________________ (1)Amounts reclassified from accumulated other comprehensive loss 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 $21 million, net of tax, in net gains associated with its cash flow hedges into net income within the next 12 months.

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