XML 89 R42.htm IDEA: XBRL DOCUMENT
v3.23.3

Accumulated Other Comprehensive Income Loss (Tables) | 9 Months Ended
--- | ---
Sep. 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 September 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 | $ | (2,277) |  | $ | (10) |  | $ | 31 |  | $ | 36 |  | $ | 32 |  | $ | (1,336) |  | $ | (3,524) |
OCI before reclassifications | (876) |  | (1) |  | (5) |  | (1) |  | 19 |  | 1 |  | (863) |
Amounts reclassified from AOCI | 26 |  | 2 |  | (1) |  | — |  | — |  | 7 |  | 34 |
OCI, before tax | (850) |  | 1 |  | (6) |  | (1) |  | 19 |  | 8 |  | (829) |
Income tax benefit (expense) | 179 |  | — |  | 2 |  | — |  | (4) |  | (2) |  | 175 |
OCI, net of tax | (671) |  | 1 |  | (4) |  | (1) |  | 15 |  | 6 |  | (654) |
Ending balance | $ | (2,948) |  | $ | (9) |  | $ | 27 |  | $ | 35 |  | $ | 47 |  | $ | (1,330) |  | $ | (4,178) |
Changes in AOCI, Net of Tax for the Nine Months Ended September 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 | (522) |  | (7) |  | (19) |  | 5 |  | 15 |  | — |  | (528) |
Amounts reclassified from AOCI | 74 |  | 4 |  | 2 |  | — |  | — |  | 20 |  | 100 |
OCI, before tax | (448) |  | (3) |  | (17) |  | 5 |  | 15 |  | 20 |  | (428) |
Income tax benefit (expense) | 94 |  | 1 |  | 4 |  | (1) |  | (3) |  | (4) |  | 91 |
OCI, net of tax | (354) |  | (2) |  | (13) |  | 4 |  | 12 |  | 16 |  | (337) |
Ending balance | $ | (2,948) |  | $ | (9) |  | $ | 27 |  | $ | 35 |  | $ | 47 |  | $ | (1,330) |  | $ | (4,178) |
Changes in AOCI, Net of Tax for the Three Months Ended September 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 | $ | (1,858) |  | $ | (2) |  | $ | 30 |  | $ | 33 |  | $ | 13 |  | $ | (1,465) |  | $ | (3,249) |
OCI before reclassifications | (1,564) |  | (6) |  | 51 |  | (24) |  | 31 |  | 1 |  | (1,511) |
Amounts reclassified from AOCI | 70 |  | — |  | (2) |  | — |  | — |  | 15 |  | 83 |
OCI, before tax | (1,494) |  | (6) |  | 49 |  | (24) |  | 31 |  | 16 |  | (1,428) |
Income tax benefit (expense) | 314 |  | 1 |  | (10) |  | 5 |  | (7) |  | (3) |  | 300 |
OCI, net of tax | (1,180) |  | (5) |  | 39 |  | (19) |  | 24 |  | 13 |  | (1,128) |
Ending balance | $ | (3,038) |  | $ | (7) |  | $ | 69 |  | $ | 14 |  | $ | 37 |  | $ | (1,452) |  | $ | (4,377) |
Changes in AOCI, Net of Tax for the Nine Months Ended September 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 | (6,133) |  | (6) |  | 95 |  | (34) |  | 122 |  | 1 |  | (5,955) |
Amounts reclassified from AOCI | 222 |  | — |  | (16) |  | — |  | — |  | 46 |  | 252 |
OCI, before tax | (5,911) |  | (6) |  | 79 |  | (34) |  | 122 |  | 47 |  | (5,703) |
Income tax benefit (expense) | 1,242 |  | 1 |  | (16) |  | 7 |  | (26) |  | (10) |  | 1,198 |
OCI, net of tax | (4,669) |  | (5) |  | 63 |  | (27) |  | 96 |  | 37 |  | (4,505) |
Ending balance | $ | (3,038) |  | $ | (7) |  | $ | 69 |  | $ | 14 |  | $ | 37 |  | $ | (1,452) |  | $ | (4,377) |
Reclassifications from AOCI |
Reclassifications from AOCI
| Three Months Ended September 30, 2023 | Nine Months Ended September 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 | $ | (26) |  | $ | (74) |  | Net realized gains (losses)
| (26) |  | (74) |  | Total before tax
| (5) |  | (16) |  | Income tax expense
| $ | (21) |  | $ | (58) |  | Net income
Unrealized Losses on Fixed Maturities with ACL |  |  |
Available-for-sale fixed maturities | $ | (2) |  | $ | (4) |  | Net realized gains (losses)
| (2) |  | (4) |  | Total before tax
| — |  | (1) |  | Income tax expense
| $ | (2) |  | $ | (3) |  | Net income
Net Gain (Loss) on Cash Flow Hedging Instruments |  |  |
Interest rate swaps | $ | (5) |  | $ | (20) |  | Net investment income
Interest rate swaps | 4 |  | 11 |  | Interest expense
Foreign currency swaps | 2 |  | 7 |  | Net investment income
| 1 |  | (2) |  | Total before tax
| — |  | — |  | Income tax expense
| $ | 1 |  | $ | (2) |  | Net income
Pension and Other Postretirement Plan Adjustments |  |  |
Amortization of prior service credit | $ | 2 |  | $ | 5 |  | Insurance operating costs and other expenses
Amortization of actuarial loss | (9) |  | (25) |  | Insurance operating costs and other expenses
| (7) |  | (20) |  | Total before tax
| (1) |  | (4) |  | Income tax expense
| $ | (6) |  | $ | (16) |  | Net income
Total amounts reclassified from AOCI | $ | (28) |  | $ | (79) |  | Net income
Reclassifications from AOCI
| Three Months Ended September 30, 2022 | Nine Months Ended September 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 | $ | (70) |  | $ | (222) |  | Net realized gains (losses)
| (70) |  | (222) |  | Total before tax
| (15) |  | (47) |  | Income tax expense
| $ | (55) |  | $ | (175) |  | Net income
Net Gain (Loss) on Cash Flow Hedging Instruments |  |  |
Interest rate swaps | $ | (1) |  | $ | 13 |  | Net investment income
Interest rate swaps | — |  | (4) |  | Interest expense
Foreign currency swaps | 3 |  | 7 |  | Net investment income
| 2 |  | 16 |  | Total before tax
| — |  | — |  | Income tax expense
| $ | 2 |  | $ | 16 |  | Net income
Pension and Other Postretirement Plan Adjustments |  |  |
Amortization of prior service credit | $ | 2 |  | $ | 5 |  | Insurance operating costs and other expenses
Amortization of actuarial loss | (17) |  | (51) |  | Insurance operating costs and other expenses
| (15) |  | (46) |  | Total before tax
| (3) |  | (10) |  | Income tax expense
| $ | (12) |  | $ | (36) |  | Net income
Total amounts reclassified from AOCI | $ | (65) |  | $ | (195) |  | 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