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EQUITY - Components of OCI, Net of Taxes (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Change in net unrealized gains (losses) on investments:        
Net unrealized gains (losses) arising during the period $ 335 $ (443) $ 993 $ (986)
(Gains) losses reclassified into net income (loss) during the period 28 0 34 21
Net unrealized gains (losses) on investments 363 (443) 1,027 (965)
Adjustments for policyholders’ liabilities, DAC, insurance liability loss recognition and other (54) 34 (109) 43
Change in unrealized gains (losses), net of adjustments (net of deferred income tax expense (benefit) of $297, $(235) and $(1,364)) 309 (409) 918 (922)
Change in LFPB discount rate and MRB credit risk, net of tax        
Changes in market risk benefits - instrument-specific credit risk (net of deferred income tax expense (benefit) of $110, $(37)and $332) (170) (159) 414 (139)
Changes in liability for future policy benefits - current discount rate (net of deferred income tax expense (benefit) of $(25), $44 and $285) (29) 67 (92) 165
Change in defined benefit plans:        
Reclassification to Net income (loss) of amortization of net prior service credit included in net periodic cost 9 11 26 19
Change in defined benefit plans (net of deferred income tax expense (benefit) of $3, $7, $1, and $5) 9 11 26 19
Foreign currency translation adjustments:        
Foreign currency translation gains (losses) arising during the period 26 9 37 (2)
Foreign currency translation adjustment 26 9 37 (2)
Other comprehensive income (loss) 145 (481) 1,303 (879)
Less: Other comprehensive income (loss) attributable to noncontrolling interest 10 3 23 (1)
Other comprehensive income (loss) attributable to Holdings 135 (484) 1,280 (878)
Deferred income tax expense (benefit) for change in unrealized gains (losses) 124 (102) 297 (235)
Deferred income tax expense (benefit) for market risk benefits - change in instrument-specific credit risk (45) (42) 110 (37)
Deferred income tax expense (benefit) for liability for future policy benefits - change in current discount rate (8) 18 (25) 44
Deferred income tax expense (benefit) for change in defined benefit plans 3 7 1 5
Increase (decrease) in valuation allowance (33)   (41)  
Valuation allowance 258   258  
Reclassification adjustment $ (7) $ 0 $ (9) $ (6)