Accumulated Other Comprehensive Income Loss (Tables)

3 Months Ended

Mar. 31, 2025


Changes in AOCI, Net of Tax for the Three Months Ended March 31, 2025
	Changes in
	Net Unrealized Gain (Loss) on Fixed Maturities, AFS		Unrealized Losses on Fixed Maturities, AFS 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	$	(1,539)	$	(6)	$	40	$	29	$	33	$	(1,443)	$	(2,886)
OCI before reclassifications	372		—		4		—		(4)		2		374
Amounts reclassified from AOCI	10		—		(4)		—		—		7		13
OCI, before tax	382		—		—		—		(4)		9		387
Income tax benefit (expense)	(80)		—		—		—		1		(2)		(81)
OCI, net of tax	302		—		—		—		(3)		7		306
Ending balance	$	(1,237)	$	(6)	$	40	$	29	$	30	$	(1,436)	$	(2,580)


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, AFS 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)


Reclassifications from AOCI
	Three Months Ended March 31, 2025		Affected Line Item in the Condensed Consolidated Statement of Operations
Net Unrealized Gain (Loss) on Fixed Maturities, AFS
Fixed Maturities, AFS	$	(10)	Net realized gains (losses)
	(10)		Total before tax
	(2)		Income tax expense
	$	(8)	Net income






Net Gain (Loss) on Cash Flow Hedging Instruments

Interest rate swaps	$	(2)	Net investment income
Interest rate swaps	3		Interest expense
Foreign currency swaps	3		Net investment income

	4		Total before tax
	1		Income tax expense
	$	3	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	$	(11)	Net income


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
Fixed Maturities, AFS	$	(7)	Net realized gains
	(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