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Changes in and Reclassifications From Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2022

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Changes in and Reclassifications From Accumulated Other Comprehensive Income (Loss)

17. CHANGES IN AND RECLASSIFICATIONS FROM ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Changes in AOCI, Net of Tax for the Year Ended December 31, 2022

			Changes in
			Net Unrealized Gain (Loss) on Fixed Maturities, AFS			Unrealized Loss on Fixed Maturities with ACL			Net Gain (Loss) on Cash Flow Hedging Instruments			Foreign Currency Translation Adjustments			Pension and Other Postretirement Plan Adjustments			AOCI, net of tax
Beginning balance			$	1,616		$	(2)		$	6		$	41		$	(1,489)		$	172
OCI before reclassifications			(5,611)			(6)			56			(13)			119			(5,455)
Amounts reclassified from AOCI			282			—			(13)			—			62			331
OCI, before tax			(5,329)			(6)			43			(13)			181			(5,124)
Income tax benefit (expense)			1,119			1			(9)			3			(38)			1,076
OCI, net of tax			(4,210)			(5)			34			(10)			143			(4,048)
Ending balance			$	(2,594)		$	(7)		$	40		$	31		$	(1,346)		$	(3,876)

Changes in AOCI, Net of Tax for the Year Ended December 31, 2021

			Changes in
			Net Unrealized Gain (Loss) on Fixed Maturities, AFS			Unrealized Loss on Fixed Maturities with ACL			Net Gain (Loss) on Cash Flow Hedging Instruments			Foreign Currency Translation Adjustments			Pension and Other Postretirement Plan Adjustments			AOCI, net of tax
Beginning balance			$	2,834		$	(2)		$	12		$	43		$	(1,717)		$	1,170
OCI before reclassifications			(1,307)			—			28			(3)			219			(1,063)
Amounts reclassified from AOCI			(234)			—			(36)			—			70			(200)
OCI, before tax			(1,541)			—			(8)			(3)			289			(1,263)
Income tax benefit (expense)			323			—			2			1			(61)			265
OCI, net of tax			(1,218)			—			(6)			(2)			228			(998)
Ending balance			$	1,616		$	(2)		$	6		$	41		$	(1,489)		$	172

Changes in AOCI, Net of Tax for the Year ended December 31, 2020

			Changes in
			Net Unrealized Gain (Loss) on Fixed Maturities, AFS			Unrealized Loss on Fixed Maturities with ACL			Net Gain (Loss) on Cash Flow Hedging Instruments			Foreign Currency Translation Adjustments			Pension and Other Postretirement Plan Adjustments			AOCI, net of tax
Beginning balance			$	1,684		$	(3)		$	9		$	34		$	(1,672)		$	52
OCI before reclassifications			1,627			1			30			11			(117)			1,552
Amounts reclassified from AOCI			(171)			—			(26)			—			60			(137)
OCI, before tax			1,456			1			4			11			(57)			1,415
Income tax benefit (expense)			(306)			—			(1)			(2)			12			(297)
OCI, net of tax			1,150			1			3			9			(45)			1,118
Ending balance			$	2,834		$	(2)		$	12		$	43		$	(1,717)		$	1,170

Reclassifications from AOCI

AOCI			Amount Reclassified from AOCI									Affected Line Item in the Consolidated Statement of Operations
			For the year ended December 31, 2022			For the year ended December 31, 2021			For the year ended December 31, 2020
Net Unrealized Gain on Fixed Maturities
Fixed maturities, AFS			$	(282)		$	234		$	171		Net realized gains (losses)
			(282)			234			171			Total before tax
			(59)			49			36			Income tax expense
			$	(223)		$	185		$	135		Net income
Net Gains (Losses) on Cash Flow Hedging Instruments
Interest rate swaps			$	6		$	41		$	29		Net investment income
Interest rate swaps			(2)			(10)			(7)			Interest expense
Foreign currency swaps			—			—			(1)			Net realized gains (losses)
Foreign currency swaps			9			5			5			Net investment income
			13			36			26			Total before tax
			3			8			5			Income tax expense
			$	10		$	28		$	21		Net income
Pension and Other Postretirement Plan Adjustments
Amortization of prior service credit			$	7		$	7		$	7		Insurance operating costs and other expenses
Amortization of actuarial loss			(69)			(77)			(67)			Insurance operating costs and other expenses
			(62)			(70)			(60)			Total before tax
			(13)			(15)			(13)			Income tax expense
			(49)			(55)			(47)			Net income
Total amounts reclassified from AOCI			$	(262)		$	158		$	109		Net income

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- References

No definition available.

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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 https://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 https://asc.fasb.org/extlink&oid=126953954&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 https://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 https://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

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