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Other Comprehensive Income (Loss) (Tables)
 12 Months Ended
Dec. 31, 2022
Other Comprehensive Income (Loss) [Abstract]  
Components Of Comprehensive Income (Loss) In The Consolidated Statements Of Operations
Years Ended December 31,
2022
2021
2020
(Dollars in millions)
Before Tax
Tax Effect
Net of Tax
Before Tax
Tax Effect
Net of Tax
Before Tax
Tax Effect
Net of Tax
Unrealized appreciation (depreciation) ("URA(D)") on
securities - non-credit related
$
(2,332)
$
295
$
(2,037)
$
(548)
$
59
$
(488)
$
463
$
(40)
$
423
Reclassification of net realized losses (gains) included in
net income (loss)
107
(18)
89
5
(2)
4
2
(6)
(3)
Foreign currency translation adjustments
(82)
5
(77)
(64)
2
(62)
90
(4)
86
Benefit plan actuarial net gain (loss)
18
(4)
15
22
(5)
17
(7)
1
(6)
Reclassification of benefit plan liability amortization
included in net income (loss)
3
(1)
2
8
(2)
6
8
(2)
6
Total other comprehensive income
 
(loss)
$
(2,285)
$
277
$
(2,008)
$
(577)
$
54
$
(523)
$
556
$
(49)
$
507
Reclassification From Accumulated Other Comprehensive Income
Years Ended
December 31,
Affected line item within the statements
 
of
AOCI component
2022
2021
operations and comprehensive
 
income (loss)
(Dollars in millions)
URA(D) on securities
$
107
$
5
Other net realized capital gains (losses)
(18)
(2)
Income tax expense (benefit)
$
89
$
4
Net income (loss)
Benefit plan net gain (loss)
$
3
$
8
Other underwriting expenses
(1)
(2)
Income tax expense (benefit)
$
2
$
6
Net income (loss)
Components Of Accumulated Other Comprehensive Income (Loss), Net Of Tax, In The Consolidated Balance Sheets
Years Ended
December 31,
(Dollars in millions)
 
2022
2021
Beginning balance of URA (D) on securities
$
239
$
724
Current period change in URA(D) of investments - non-credit related
(1,948)
(485)
Ending balance of URA(D) on securities
(1,709)
239
Beginning balance of foreign currency translation adjustments
(177)
(115)
Current period change in foreign currency translation adjustments
(77)
(62)
Ending balance of foreign currency translation adjustments
 
(254)
(177)
Beginning balance of benefit plan net gain (loss)
(50)
(74)
Current period change in benefit plan net gain (loss)
17
23
Ending balance of benefit plan net gain (loss)
(33)
(50)
Ending balance of accumulated other comprehensive income (loss)
$
(1,996)
$
12
(Some amounts may not reconcile due to rounding.)