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Accumulated Other Comprehensive Income Loss (Tables) | 3 Months Ended
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Mar. 31, 2024
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 March 31, 2024
| 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 | $ | (1,482) |  | $ | (8) |  | $ | 21 |  | $ | 37 |  | $ | 25 |  | $ | (1,442) |  | $ | (2,849) |
OCI before reclassifications | (210) |  | 1 |  | — |  | (1) |  | 6 |  | 2 |  | (202) |
Amounts reclassified from AOCI | 7 |  | — |  | — |  | — |  | — |  | 7 |  | 14 |
OCI, before tax | (203) |  | 1 |  | — |  | (1) |  | 6 |  | 9 |  | (188) |
Income tax benefit (expense) | 43 |  | — |  | — |  | — |  | (1) |  | (2) |  | 40 |
OCI, net of tax | (160) |  | 1 |  | — |  | (1) |  | 5 |  | 7 |  | (148) |
Ending balance | $ | (1,642) |  | $ | (7) |  | $ | 21 |  | $ | 36 |  | $ | 30 |  | $ | (1,435) |  | $ | (2,997) |
Changes in AOCI, Net of Tax for the Three Months Ended March 31, 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 | 715 |  | (8) |  | 7 |  | 3 |  | (10) |  | — |  | 707 |
Amounts reclassified from AOCI | 27 |  | — |  | 3 |  | — |  | — |  | 6 |  | 36 |
OCI, before tax | 742 |  | (8) |  | 10 |  | 3 |  | (10) |  | 6 |  | 743 |
Income tax benefit (expense) | (156) |  | 2 |  | (2) |  | (1) |  | 2 |  | (1) |  | (156) |
OCI, net of tax | 586 |  | (6) |  | 8 |  | 2 |  | (8) |  | 5 |  | 587 |
Ending balance | $ | (2,008) |  | $ | (13) |  | $ | 48 |  | $ | 33 |  | $ | 27 |  | $ | (1,341) |  | $ | (3,254) |
Reclassifications from AOCI |
Reclassifications from AOCI
| Three Months Ended March 31, 2024 |  | Affected Line Item in the Condensed Consolidated Statement of Operations
Net Unrealized Gain (Loss) on Fixed Maturities, AFS |  |  |
Available-for-sale fixed maturities | $ | (7) |  |  | Net realized gains (losses)
| (7) |  |  | Total before tax
| (1) |  |  | Income tax expense
| $ | (6) |  |  | Net income
Net Gain (Loss) on Cash Flow Hedging Instruments |  |  |
Interest rate swaps | $ | (7) |  |  | Net investment income
Interest rate swaps | 4 |  |  | Interest expense
Foreign currency swaps | 3 |  |  | Net investment income
| — |  |  | Total before tax
| — |  |  | Income tax expense
| $ | — |  |  | Net income
Pension and Other Postretirement Plan Adjustments |  |  |
Amortization of prior service credit | $ | 2 |  |  | Insurance operating costs and other expenses
Amortization of actuarial loss | (9) |  |  | Insurance operating costs and other expenses
| (7) |  |  | Total before tax
| (1) |  |  | Income tax expense
| $ | (6) |  |  | Net income
Total amounts reclassified from AOCI | $ | (12) |  |  | Net income
Reclassifications from AOCI |
| Three Months Ended March 31, 2023 |  | Affected Line Item in the Condensed Consolidated Statement of Operations |
Net Unrealized Gain (Loss) on Fixed Maturities, AFS |  |  |  |
Available-for-sale fixed maturities | $ | (27) |  |  | Net realized gains (losses) |
| (27) |  |  | Total before tax |
| (6) |  |  | Income tax expense |
| $ | (21) |  |  | Net income |
Net Gain (Loss) on Cash Flow Hedging Instruments |  |  |  |
Interest rate swaps | $ | (8) |  |  | Net investment income |
Interest rate swaps | 3 |  |  | Interest expense |
Foreign currency swaps | 2 |  |  | 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 | $ | 2 |  |  | Insurance operating costs and other expenses |
Amortization of actuarial loss | (8) |  |  | Insurance operating costs and other expenses |
| (6) |  |  | Total before tax |
| (1) |  |  | Income tax expense |
| $ | (5) |  |  | Net income |
Total amounts reclassified from AOCI | $ | (28) |  |  | Net income |

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- 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
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