XML 89 R42.htm IDEA: XBRL DOCUMENT
v3.23.2

Accumulated Other Comprehensive Income Loss (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Changes in AOCI, net of tax |
Changes in AOCI, Net of Tax for the Three Months Ended June 30, 2023
| Changes in
| Net Unrealized Gain (Loss) on Fixed Maturities, AFS | Unrealized Loss on Fixed Maturities with ACL | Net Gain on Cash Flow Hedging Instruments | Foreign Currency Translation Adjustments | Liability for Future Policy Benefits Adjustments | Pension and Other Postretirement Plan Adjustments | AOCI, net of tax
Beginning balance | $ | (2,008) |  | $ | (13) |  | $ | 48 |  | $ | 33 |  | $ | 27 |  | $ | (1,341) |  | $ | (3,254) |
OCI before reclassifications | (362) |  | 2 |  | (21) |  | 4 |  | 6 |  | (1) |  | (372) |
Amounts reclassified from AOCI | 21 |  | 2 |  | — |  | — |  | — |  | 7 |  | 30 |
OCI, before tax | (341) |  | 4 |  | (21) |  | 4 |  | 6 |  | 6 |  | (342) |
Income tax benefit (expense) | 72 |  | (1) |  | 4 |  | (1) |  | (1) |  | (1) |  | 72 |
OCI, net of tax | (269) |  | 3 |  | (17) |  | 3 |  | 5 |  | 5 |  | (270) |
Ending balance | $ | (2,277) |  | $ | (10) |  | $ | 31 |  | $ | 36 |  | $ | 32 |  | $ | (1,336) |  | $ | (3,524) |
Changes in AOCI, Net of Tax for the Six Months Ended June 30, 2023
| Changes in
| Net Unrealized Gain (Loss) on Fixed Maturities, AFS | Unrealized Losses on Fixed Maturities with ACL | Net Gain (Loss) on Cash Flow Hedging Instruments | Foreign Currency Translation Adjustments | Liability for Future Policy Benefits Adjustments | Pension and Other Postretirement Plan Adjustments | AOCI, net of tax
Beginning balance | $ | (2,594) |  | $ | (7) |  | $ | 40 |  | $ | 31 |  | $ | 35 |  | $ | (1,346) |  | $ | (3,841) |
OCI before reclassifications | 353 |  | (6) |  | (14) |  | 6 |  | (4) |  | — |  | 335 |
Amounts reclassified from AOCI | 48 |  | 2 |  | 3 |  | — |  | — |  | 13 |  | 66 |
OCI, before tax | 401 |  | (4) |  | (11) |  | 6 |  | (4) |  | 13 |  | 401 |
Income tax benefit (expense) | (84) |  | 1 |  | 2 |  | (1) |  | 1 |  | (3) |  | (84) |
OCI, net of tax | 317 |  | (3) |  | (9) |  | 5 |  | (3) |  | 10 |  | 317 |
Ending balance | $ | (2,277) |  | $ | (10) |  | $ | 31 |  | $ | 36 |  | $ | 32 |  | $ | (1,336) |  | $ | (3,524) |
Changes in AOCI, Net of Tax for the Three Months Ended June 30, 2022
| Changes in
| Net Unrealized Gain (Loss) on Fixed Maturities, AFS | Unrealized Losses on Fixed Maturities with ACL | Net Gain (Loss) on Cash Flow Hedging Instruments | Foreign Currency Translation Adjustments | Liability for Future Policy Benefits Adjustments | Pension and Other Postretirement Plan Adjustments | AOCI, net of tax
Beginning balance | $ | (261) |  | $ | (2) |  | $ | 5 |  | $ | 41 |  | $ | (16) |  | $ | (1,477) |  | $ | (1,710) |
OCI before reclassifications | (2,087) |  | — |  | 38 |  | (10) |  | 37 |  | (1) |  | (2,023) |
Amounts reclassified from AOCI | 65 |  | — |  | (6) |  | — |  | — |  | 16 |  | 75 |
OCI, before tax | (2,022) |  | — |  | 32 |  | (10) |  | 37 |  | 15 |  | (1,948) |
Income tax benefit (expense) | 425 |  | — |  | (7) |  | 2 |  | (8) |  | (3) |  | 409 |
OCI, net of tax | (1,597) |  | — |  | 25 |  | (8) |  | 29 |  | 12 |  | (1,539) |
Ending balance | $ | (1,858) |  | $ | (2) |  | $ | 30 |  | $ | 33 |  | $ | 13 |  | $ | (1,465) |  | $ | (3,249) |
Changes in AOCI, Net of Tax for the Six Months Ended June 30, 2022
| Changes in
| Net Unrealized Gain (Loss) on Fixed Maturities, AFS | Unrealized Losses on Fixed Maturities with ACL | Net Gain (Loss) on Cash Flow Hedging Instruments | Foreign Currency Translation Adjustments | Liability for Future Policy Benefits Adjustments | Pension and Other Postretirement Plan Adjustments | AOCI, net of tax
Beginning balance | $ | 1,631 |  | $ | (2) |  | $ | 6 |  | $ | 41 |  | $ | (59) |  | $ | (1,489) |  | $ | 128 |
OCI before reclassifications | (4,568) |  | — |  | 45 |  | (10) |  | 91 |  | (1) |  | (4,443) |
Amounts reclassified from AOCI | 152 |  | — |  | (14) |  | — |  | — |  | 31 |  | 169 |
OCI, before tax | (4,416) |  | — |  | 31 |  | (10) |  | 91 |  | 30 |  | (4,274) |
Income tax benefit (expense) | 927 |  | — |  | (7) |  | 2 |  | (19) |  | (6) |  | 897 |
OCI, net of tax | (3,489) |  | — |  | 24 |  | (8) |  | 72 |  | 24 |  | (3,377) |
Ending balance | $ | (1,858) |  | $ | (2) |  | $ | 30 |  | $ | 33 |  | $ | 13 |  | $ | (1,465) |  | $ | (3,249) |
Reclassifications from AOCI |
Reclassifications from AOCI
| Three Months Ended June 30, 2023 | Six Months Ended June 30, 2023 | Affected Line Item in the Condensed Consolidated Statement of Operations
Net Unrealized Gain (Loss) on Fixed Maturities, AFS |  |  |
Available-for-sale fixed maturities | $ | (21) |  | $ | (48) |  | Net realized gains (losses)
| (21) |  | (48) |  | Total before tax
| (4) |  | (10) |  | Income tax expense
| $ | (17) |  | $ | (38) |  | Net income
Unrealized Losses on Fixed Maturities with ACL |  |  |
Available-for-sale fixed maturities | $ | (2) |  | $ | (2) |  | Net realized gains (losses)
| (2) |  | (2) |  | Total before tax
| (1) |  | (1) |  | Income tax expense
| $ | (1) |  | $ | (1) |  | Net income
Net Gain (Loss) on Cash Flow Hedging Instruments |  |  |
Interest rate swaps | $ | (7) |  | $ | (15) |  | Net investment income
Interest rate swaps | 4 |  | 7 |  | Interest expense
Foreign currency swaps | 3 |  | 5 |  | Net investment income
| — |  | (3) |  | Total before tax
| — |  | (1) |  | Income tax expense
| $ | — |  | $ | (2) |  | Net income
Pension and Other Postretirement Plan Adjustments |  |  |
Amortization of prior service credit | $ | 1 |  | $ | 3 |  | Insurance operating costs and other expenses
Amortization of actuarial loss | (8) |  | (16) |  | Insurance operating costs and other expenses
| (7) |  | (13) |  | Total before tax
| (1) |  | (3) |  | Income tax expense
| $ | (6) |  | $ | (10) |  | Net income
Total amounts reclassified from AOCI | $ | (24) |  | $ | (51) |  | Net income
Reclassifications from AOCI
| Three Months Ended June 30, 2022 | Six Months Ended June 30, 2022 | Affected Line Item in the Condensed Consolidated Statement of Operations
Net Unrealized Gain (Loss) on Fixed Maturities, AFS |  |  |
Available-for-sale fixed maturities | $ | (65) |  | $ | (152) |  | Net realized gains (losses)
| (65) |  | (152) |  | Total before tax
| (14) |  | (32) |  | Income tax expense
| $ | (51) |  | $ | (120) |  | Net income
Net Gain (Loss) on Cash Flow Hedging Instruments |  |  |
Interest rate swaps | $ | 5 |  | $ | 14 |  | Net investment income
Interest rate swaps | (1) |  | (4) |  | Interest expense
Foreign currency swaps | 2 |  | 4 |  | Net investment income
| 6 |  | 14 |  | Total before tax
| 1 |  | 3 |  | Income tax expense
| $ | 5 |  | $ | 11 |  | Net income
Pension and Other Postretirement Plan Adjustments |  |  |
Amortization of prior service credit | $ | 1 |  | $ | 3 |  | Insurance operating costs and other expenses
Amortization of actuarial loss | (17) |  | (34) |  | Insurance operating costs and other expenses
| (16) |  | (31) |  | Total before tax
| (3) |  | (7) |  | Income tax expense
| $ | (13) |  | $ | (24) |  | Net income
Total amounts reclassified from AOCI | $ | (59) |  | $ | (133) |  | Net income

X
- References No definition available. + Details
Name: | us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration