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Changes in and Reclassifications from Accumulated Other Comprehensive Income (Loss)
 6 Months Ended
Jun. 30, 2024
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Changes in and Reclassifications from Accumulated Other Comprehensive Income (Loss)
15. CHANGES IN AND RECLASSIFICATIONS FROM ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
Changes in AOCI, Net of Tax for the Three Months Ended June 30, 2024
Changes in
Net Unrealized Gain (Loss) on Fixed Maturities, AFSUnrealized Losses on Fixed Maturities with ACLNet Gain (Loss) on Cash Flow Hedging InstrumentsForeign Currency Translation AdjustmentsLiability for Future Policy Benefits AdjustmentsPension and Other Postretirement Plan AdjustmentsAOCI,
net of tax
Beginning balance$(1,642)$(7)$21 $36 $30 $(1,435)$(2,997)
OCI before reclassifications(184)— 11 (1)6 (1)(169)
Amounts reclassified from AOCI70 — — — — 9 79 
OCI, before tax(114)— 11 (1)6 8 (90)
Income tax benefit (expense)24 — (2)— (1)(2)19 
OCI, net of tax(90)— 9 (1)5 6 (71)
Ending balance$(1,732)$(7)$30 $35 $35 $(1,429)$(3,068)
Changes in AOCI, Net of Tax for the Six Months Ended June 30, 2024
Changes in
Net Unrealized Gain (Loss) on Fixed Maturities, AFSUnrealized Losses on Fixed Maturities with ACLNet Gain (Loss) on Cash Flow Hedging InstrumentsForeign Currency Translation AdjustmentsLiability for Future Policy Benefits AdjustmentsPension and Other Postretirement Plan AdjustmentsAOCI,
net of tax
Beginning balance$(1,482)$(8)$21 $37 $25 $(1,442)$(2,849)
OCI before reclassifications(393)1 11 (3)13 1 (370)
Amounts reclassified from AOCI77 — — — — 16 93 
OCI, before tax(316)1 11 (3)13 17 (277)
Income tax benefit (expense)66 — (2)1 (3)(4)58 
OCI, net of tax(250)1 9 (2)10 13 (219)
Ending balance$(1,732)$(7)$30 $35 $35 $(1,429)$(3,068)
Reclassifications from AOCI
Three Months Ended June 30, 2024Six Months Ended June 30, 2024Affected Line Item in the Condensed Consolidated Statement of Operations
Net Unrealized Gain (Loss) on Fixed Maturities, AFS
Available-for-sale fixed maturities$(70)$(77)Net realized gains (losses)
(70)(77)Total before tax
(15)(16)Income tax expense
$(55)$(61)Net income
Net Gain (Loss) on Cash Flow Hedging Instruments
Interest rate swaps$(8)$(15)Net investment income
Interest rate swaps5 9 Interest expense
Foreign currency swaps3 6 Net investment income
— — Total before tax
— — Income tax expense
$— $— 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(10)(19)Insurance operating costs and other expenses
(9)(16)Total before tax
(2)(3)Income tax expense
$(7)$(13)Net income
Total amounts reclassified from AOCI$(62)$(74)Net income
Changes in AOCI, Net of Tax for the Three Months Ended June 30, 2023
Changes in
Net Unrealized Gain (Loss) on Fixed Maturities, AFSUnrealized Losses on Fixed Maturities with ACLNet Gain (Loss) on Cash Flow Hedging InstrumentsForeign Currency Translation AdjustmentsLiability for Future Policy Benefits AdjustmentsPension and Other Postretirement Plan AdjustmentsAOCI,
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 AOCI21 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, AFSUnrealized Losses on Fixed Maturities with ACLNet Gain (Loss) on Cash Flow Hedging InstrumentsForeign Currency Translation AdjustmentsLiability for Future Policy Benefits AdjustmentsPension and Other Postretirement Plan AdjustmentsAOCI,
net of tax
Beginning balance$(2,594)$(7)$40 $31 $35 $(1,346)$(3,841)
OCI before reclassifications353 (6)(14)6 (4)— 335 
Amounts reclassified from AOCI48 2 3 — — 13 66 
OCI, before tax401 (4)(11)6 (4)13 401 
Income tax benefit (expense)(84)1 2 (1)1 (3)(84)
OCI, net of tax317 (3)(9)5 (3)10 317 
Ending balance$(2,277)$(10)$31 $36 $32 $(1,336)$(3,524)
Reclassifications from AOCI
Three Months Ended June 30, 2023Six Months Ended June 30, 2023Affected 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 swaps4 7 Interest expense
Foreign currency swaps3 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