XML 39 R29.htm IDEA: XBRL DOCUMENT
v3.23.3

Accumulated Other Comprehensive Income (Loss) by Component (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Accumulated Other Comprehensive Income (Loss) by Component | The tables below display the changes in Accumulated other comprehensive income (loss) by component.
(In millions) | Net unrealized gains (losses) on investments with an allowance for credit losses |  | Net unrealized gains (losses) on other investments(1) |  | Pension and postretirement benefits |  | Cumulative impact of changes in discount rates used to measure long duration contracts(1) |  | Cumulative foreign currency translation adjustment |  | Total
Balance as of July 1, 2023 | $ | (16) |  |  | $ | (2,481) |  |  | $ | (577) |  |  | $ | (181) |  |  | $ | (170) |  |  | $ | (3,425) |
Other comprehensive income (loss) before reclassifications | (9) |  |  | (1,105) |  |  | — |  |  | 818 |  |  | (55) |  |  | (351) |
Amounts reclassified from accumulated other comprehensive income (loss) net of tax (expense) benefit of $2, $6, $1, $—, $— and $9 | (8) |  |  | (21) |  |  | (6) |  |  | — |  |  | — |  |  | (35) |
Other comprehensive income (loss) net of tax (expense) benefit of $1, $289, $(1), $(217), $— and $72 | (1) |  |  | (1,084) |  |  | 6 |  |  | 818 |  |  | (55) |  |  | (316) |
Balance as of September 30, 2023 | $ | (17) |  |  | $ | (3,565) |  |  | $ | (571) |  |  | $ | 637 |  |  | $ | (225) |  |  | $ | (3,741) |
(In millions) | Net unrealized gains (losses) on investments with an allowance for credit losses |  | Net unrealized gains (losses) on other investments(1) |  | Pension and postretirement benefits |  | Cumulative impact of changes in discount rates used to measure long duration contracts(1) |  | Cumulative foreign currency translation adjustment |  | Total
Balance as of July 1, 2022, as previously reported | $ | (8) |  |  | $ | (1,918) |  |  | $ | (592) |  |  | $ | — |  |  | $ | (195) |  |  | $ | (2,713) |
Cumulative effect adjustment from accounting change for adoption of ASU 2018-12(1) net of tax (expense) benefit of $—, $(108), $—, $228, $— and $120 | — |  |  | 408 |  |  | — |  |  | (858) |  |  | — |  |  | (450) |
Balance as of July 1, 2022, as adjusted | (8) |  |  | (1,510) |  |  | (592) |  |  | (858) |  |  | (195) |  |  | (3,163) |
Other comprehensive income (loss) before reclassifications | — |  |  | (1,837) |  |  | — |  |  | 994 |  |  | (103) |  |  | (946) |
Amounts reclassified from accumulated other comprehensive income (loss) net of tax (expense) benefit of $—, $11, $2, $—, $— and $13 | 2 |  |  | (102) |  |  | (6) |  |  | — |  |  | — |  |  | (106) |
Other comprehensive income (loss) net of tax (expense) benefit of $1, $476,$(2), $(265), $— and $210 | (2) |  |  | (1,735) |  |  | 6 |  |  | 994 |  |  | (103) |  |  | (840) |
Balance as of September 30, 2022 | $ | (10) |  |  | $ | (3,245) |  |  | $ | (586) |  |  | $ | 136 |  |  | $ | (298) |  |  | $ | (4,003) |
(In millions) | Net unrealized gains (losses) on investments with an allowance for credit losses |  | Net unrealized gains (losses) on other investments(1) |  | Pension and postretirement benefits |  | Cumulative impact of changes in discount rates used to measure long duration contracts(1) |  | Cumulative foreign currency translation adjustment |  | Total
Balance as of January 1, 2023, as previously reported | $ | (7) |  |  | $ | (2,738) |  |  | $ | (591) |  |  | $ | — |  |  | $ | (221) |  |  | $ | (3,557) |
Cumulative effect adjustment from accounting change for adoption of ASU 2018-12(1) net of tax (expense) benefit of $—, $—, $—, $11, $— and $11 | — |  |  | — |  |  | — |  |  | (41) |  |  | — |  |  | (41) |
Balance as of January 1, 2023, as adjusted | (7) |  |  | (2,738) |  |  | (591) |  |  | (41) |  |  | (221) |  |  | (3,598) |
Other comprehensive income (loss) before reclassifications | (25) |  |  | (880) |  |  | — |  |  | 678 |  |  | (4) |  |  | (231) |
Amounts reclassified from accumulated other comprehensive income (loss) net of tax (expense) benefit of $4, $14, $5, $—, $— and $23 | (15) |  |  | (53) |  |  | (20) |  |  | — |  |  | — |  |  | (88) |
Other comprehensive income (loss) net of tax (expense) benefit of $3, $221, $(5), $(180), $— and $39 | (10) |  |  | (827) |  |  | 20 |  |  | 678 |  |  | (4) |  |  | (143) |
Balance as of September 30, 2023 | $ | (17) |  |  | $ | (3,565) |  |  | $ | (571) |  |  | $ | 637 |  |  | $ | (225) |  |  | $ | (3,741) |
(In millions) | Net unrealized gains (losses) on investments with an allowance for credit losses |  | Net unrealized gains (losses) on other investments(1) |  | Pension and postretirement benefits |  | Cumulative impact of changes in discount rates used to measure long duration contracts(1) |  | Cumulative foreign currency translation adjustment |  | Total
Balance as of January 1, 2022, as previously reported | $ | (2) |  |  | $ | 1,039 |  |  | $ | (604) |  |  | $ | — |  |  | $ | (113) |  |  | $ | 320 |
Cumulative effect adjustment from accounting change for adoption of ASU 2018-12(1) net of tax (expense) benefit of $—, $(617), $—, $1,063, $— and $446 | — |  |  | 2,320 |  |  | — |  |  | (4,000) |  |  | — |  |  | (1,680) |
Balance as of January 1, 2022, as adjusted | (2) |  |  | 3,359 |  |  | (604) |  |  | (4,000) |  |  | (113) |  |  | (1,360) |
Other comprehensive income (loss) before reclassifications | (5) |  |  | (6,721) |  |  | — |  |  | 4,136 |  |  | (185) |  |  | (2,775) |
Amounts reclassified from accumulated other comprehensive income (loss) net of tax (expense) benefit of $(1), $15, $5, $—, $— and $19 | 3 |  |  | (117) |  |  | (18) |  |  | — |  |  | — |  |  | (132) |
Other comprehensive income (loss) net of tax (expense) benefit of $2, $1,764, $(5), $(1,100), $— and $661 | (8) |  |  | (6,604) |  |  | 18 |  |  | 4,136 |  |  | (185) |  |  | (2,643) |
Balance as of September 30, 2022 | $ | (10) |  |  | $ | (3,245) |  |  | $ | (586) |  |  | $ | 136 |  |  | $ | (298) |  |  | $ | (4,003) |
(1) See Note A to the Condensed Consolidated Financial Statements for additional information.
Reclassification out of Accumulated Other Comprehensive Income | Amounts reclassified from Accumulated other comprehensive income (loss) shown above are reported in Net income (loss) as follows:
Component of AOCI |  | Condensed Consolidated Statements of Operations Line Item Affected by Reclassifications
Net unrealized gains (losses) on investments with an allowance for credit losses and Net unrealized gains (losses) on other investments |  | Net investment gains (losses)
Pension and postretirement benefits |  | Other operating expenses and Insurance claims and policyholders' benefits

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