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Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Jun. 30, 2025
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
Shareholders’ equity included the following activity in accumulated other comprehensive income (loss) for the three and six months ended June 30, 2025 and 2024:
Three Months Ended
June 30,
Six Months Ended
June 30,
In millions2025202420252024
Net unrealized investment losses:
Beginning of period balance$(183)$(537)$(399)$(429)
Other comprehensive income (loss) before reclassifications ($136, $(121), $324, $(283) pretax)
136 (109)323 (265)
Amounts reclassified from accumulated other comprehensive loss ($55, $94, $87, $148 pretax) (1)
51 82 80 130 
Other comprehensive income (loss)
187 (27)403 (135)
End of period balance(564)(564)
Change in discount rate on long-duration insurance reserves:
Beginning of period balance232 220 265 152 
Other comprehensive income (loss) before reclassifications ($29, $68, $(12), $156 pretax)
23 53 (10)121 
Other comprehensive income (loss)
23 53 (10)121 
End of period balance255 273 255 273 
Foreign currency translation adjustments:
Beginning of period balance(4)— (4)— 
Other comprehensive income before reclassifications
— — 
Other comprehensive income
— — 
End of period balance— — — — 
Net cash flow hedges:
Beginning of period balance225 240 229 244 
Other comprehensive income before reclassifications ($5, $0, $5, $0 pretax)
— — 
Amounts reclassified from accumulated other comprehensive income ($(6), $(5), $(12), $(11) pretax) (2)
(4)(4)(8)(8)
Other comprehensive loss
(1)(4)(5)(8)
End of period balance224 236 224 236 
Pension and other postretirement benefits:
Beginning of period balance(211)(264)(211)(264)
Other comprehensive income
— — — — 
End of period balance(211)(264)(211)(264)
Total beginning of period accumulated other comprehensive income (loss)
59 (341)(120)(297)
Total other comprehensive income (loss)
213 22 392 (22)
Total end of period accumulated other comprehensive income (loss)
$272 $(319)$272 $(319)
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(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 $16 million, net of tax, in net gains associated with its cash flow hedges into net income within the next 12 months.