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Other Comprehensive Income (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2025 and 2024:
Three Months Ended
September 30,
Nine Months Ended
September 30,
In millions2025202420252024
Net unrealized investment gains (losses):
Beginning of period balance$$(564)$(399)$(429)
Other comprehensive income before reclassifications ($209, $710, $533, $427 pretax)
175 647 498 382 
Amounts reclassified from accumulated other comprehensive income (loss) ($19, $36, $106, $184 pretax) (1)
17 32 97 162 
Other comprehensive income
192 679 595 544 
End of period balance196 115 196 115 
Change in discount rate on long-duration insurance reserves:
Beginning of period balance255 273 265 152 
Other comprehensive loss before reclassifications ($(65), $(189), $(77), $(33) pretax)
(50)(147)(60)(26)
Other comprehensive loss
(50)(147)(60)(26)
End of period balance205 126 205 126 
Foreign currency translation adjustments:
Beginning of period balance— — (4)— 
Other comprehensive income
— 10 — 
End of period balance— — 
Net cash flow hedges:
Beginning of period balance224 236 229 244 
Other comprehensive income before reclassifications ($0, $0, $5, $0 pretax)
— — — 
Amounts reclassified from accumulated other comprehensive income ($(5), $(6), $(17), $(16) pretax) (2)
(4)(4)(12)(12)
Other comprehensive loss
(4)(4)(9)(12)
End of period balance220 232 220 232 
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)
272 (319)(120)(297)
Total other comprehensive income
144 528 536 506 
Total end of period accumulated other comprehensive income
$416 $209 $416 $209 
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(1)Amounts reclassified from accumulated other comprehensive income (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.