XML 85 R38.htm IDEA: XBRL DOCUMENT
v3.25.2

Accumulated Other Comprehensive Income Loss (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
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, 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 | $ | (1,237) |  | $ | (6) |  | $ | 40 |  | $ | 29 |  | $ | 30 |  | $ | (1,436) |  | $ | (2,580) |
OCI before reclassifications | 237 |  | 1 |  | (40) |  | 20 |  | (1) |  | (1) |  | 216 |
Amounts reclassified from AOCI | 26 |  | — |  | (3) |  | — |  | — |  | 9 |  | 32 |
OCI, before tax | 263 |  | 1 |  | (43) |  | 20 |  | (1) |  | 8 |  | 248 |
Income tax benefit (expense) | (55) |  | — |  | 9 |  | (4) |  | — |  | (2) |  | (52) |
OCI, net of tax | 208 |  | 1 |  | (34) |  | 16 |  | (1) |  | 6 |  | 196 |
Ending balance | $ | (1,029) |  | $ | (5) |  | $ | 6 |  | $ | 45 |  | $ | 29 |  | $ | (1,430) |  | $ | (2,384) |
Changes in AOCI, Net of Tax for the Six Months Ended June 30, 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 | 610 |  | 1 |  | (36) |  | 20 |  | (5) |  | — |  | 590 |
Amounts reclassified from AOCI | 36 |  | — |  | (7) |  | — |  | — |  | 16 |  | 45 |
OCI, before tax | 646 |  | 1 |  | (43) |  | 20 |  | (5) |  | 16 |  | 635 |
Income tax benefit (expense) | (136) |  | — |  | 9 |  | (4) |  | 1 |  | (3) |  | (133) |
OCI, net of tax | 510 |  | 1 |  | (34) |  | 16 |  | (4) |  | 13 |  | 502 |
Ending balance | $ | (1,029) |  | $ | (5) |  | $ | 6 |  | $ | 45 |  | $ | 29 |  | $ | (1,430) |  | $ | (2,384) |
Changes in AOCI, Net of Tax for the Three Months Ended June 30, 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 | $ | (1,642) |  | $ | (7) |  | $ | 21 |  | $ | 36 |  | $ | 30 |  | $ | (1,435) |  | $ | (2,997) |
OCI before reclassifications | (184) |  | — |  | 11 |  | (1) |  | 6 |  | (1) |  | (169) |
Amounts reclassified from AOCI | 70 |  | — |  | — |  | — |  | — |  | 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, 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 | (393) |  | 1 |  | 11 |  | (3) |  | 13 |  | 1 |  | (370) |
Amounts reclassified from AOCI | 77 |  | — |  | — |  | — |  | — |  | 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 |
Reclassifications from AOCI
| Three Months Ended June 30, 2025 | Six Months Ended June 30, 2025 | Affected Line Item in the Condensed Consolidated Statement of Operations
Net Unrealized Gain (Loss) on Fixed Maturities, AFS |  |  |
Fixed Maturities, AFS | $ | (26) |  | $ | (36) |  | Net realized losses
| (26) |  | (36) |  | Total before tax
| (5) |  | (8) |  | Income tax expense
| $ | (21) |  | $ | (28) |  | Net income
Net Gain (Loss) on Cash Flow Hedging Instruments |  |  |
Interest rate swaps | $ | (2) |  | $ | (4) |  | Net investment income
Interest rate swaps | 3 |  | 6 |  | Interest expense
Foreign currency swaps | 2 |  | 5 |  | Net investment income
| 3 |  | 7 |  | Total before tax
| — |  | 1 |  | Income tax expense
| $ | 3 |  | $ | 6 |  | 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 | $ | (25) |  | $ | (35) |  | Net income
Reclassifications from AOCI |
| Three Months Ended June 30, 2024 | Six Months Ended June 30, 2024 | Affected Line Item in the Condensed Consolidated Statement of Operations |
Net Unrealized Gain (Loss) on Fixed Maturities, AFS |  |  |  |
Fixed Maturities, AFS | $ | (70) |  | $ | (77) |  | Net realized 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 swaps | 5 |  | 9 |  | Interest expense |
Foreign currency swaps | 3 |  | 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 |

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