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EQUITY - Components of OCI, Net of Taxes (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Change in net unrealized gains (losses) on investments:        
Net unrealized gains (losses) arising during the period $ (442) $ (700) $ (985) $ 871
(Gains) losses reclassified into net income (loss) during the period 0 37 21 100
Net unrealized gains (losses) on investments (442) (663) (964) 971
Adjustments for policyholders’ liabilities, DAC, insurance liability loss recognition and other 34 39 43 31
Change in unrealized gains (losses), net of adjustments (net of deferred income tax expense (benefit) of $(103), $(332), $(236) and $9) (408) (624) (921) 1,002
Change in LFPB discount rate and MRB credit risk, net of tax        
Market risk benefits - changes in instrument-specific credit risk (net of deferred income tax expense (benefit) of $(41), $(23), $(34) and $226) (153) (87) (128) 851
Liability for future policy benefits - changes in current discount rate (net of deferred income tax expense (benefit) of $18, $20, $44 and $(10) ) 67 74 165 (38)
Change in defined benefit plans:        
Reclassification to Net income (loss) of amortization of net prior service credit included in net periodic cost 10 9 18 29
Change in defined benefit plans (net of deferred income tax expense (benefit) of $(3), $(2), $(5), and $(7)) 10 9 18 29
Foreign currency translation adjustments:        
Foreign currency translation gains (losses) arising during the period 8 5 (3) 11
Foreign currency translation adjustment 8 5 (3) 11
Total other comprehensive income (loss), net of income taxes (476) (623) (869) 1,855
Less: Other comprehensive income (loss) attributable to noncontrolling interest 3 3 (1) 5
Other comprehensive income (loss) attributable to Holdings (479) (626) (868) 1,850
Deferred income tax expense (benefit) for change in unrealized gains (losses) (103) (332) (236) 9
Deferred income tax expense (benefit) for market risk benefits - change in instrument-specific credit risk (41) (23) (34) 226
Deferred income tax expense (benefit) for liability for future policy benefits - change in current discount rate 18 20 44 (10)
Deferred income tax expense (benefit) for change in defined benefit plans (3) (2) (5) (7)
Reclassification adjustment $ 0 $ (10) $ (5) $ (26)