XML 36 R22.htm IDEA: XBRL DOCUMENT
v3.25.2

AOCI | 6 Months Ended
--- | ---
Jun. 30, 2025
Equity [Abstract] |
AOCI | AOCI The following summarizes the components and changes in AOCI (in millions):
| For the Six Months Ended June 30,
| 2025 |  | 2024
Unrealized Gain (Loss) on Fixed Maturity AFS Securities and Certain |  |  |
Other Investments |  |  |
Balance as of beginning-of-year | $ | (6,239) |  |  | $ | (5,188) |
Unrealized holding gains (losses) | 1,083 |  |  | (1,971) |
Change in foreign currency exchange rate adjustment | 483 |  |  | (117) |
Change in future contract benefits and policyholder account balances, |  |  |
net of reinsurance | (297) |  |  | 1,146 |
Income tax benefit (expense) | (268) |  |  | 194 |
Less: |  |  |
Reclassification adjustment for gains (losses) included in net income (loss) | (117) |  |  | (137) |
Income tax benefit (expense) | 25 |  |  | 29 |
Balance as of end-of-period | $ | (5,146) |  |  | $ | (5,828) |
Unrealized Gain (Loss) on Derivative Instruments |  |  |
Balance as of beginning-of-year | $ | 638 |  |  | $ | 375 |
Unrealized holding gains (losses) | 206 |  |  | 178 |
Change in foreign currency exchange rate adjustment | (474) |  |  | 117 |
Income tax benefit (expense) | 57 |  |  | (62) |
Less: |  |  |
Reclassification adjustment for gains (losses) included in net income (loss) | 39 |  |  | 42 |
Income tax benefit (expense) | (8) |  |  | (9) |
Balance as of end-of-period | $ | 396 |  |  | $ | 575 |
Market Risk Benefit Non-Performance Risk Gain (Loss) |  |  |
Balance as of beginning-of-year | $ | 146 |  |  | $ | 1,070 |
OCI before reclassification | (42) |  |  | (841) |
Income tax benefit (expense) | 10 |  |  | 180 |
Balance as of end-of-period | $ | 114 |  |  | $ | 409 |
Policyholder Liability Discount Rate Remeasurement Gain (Loss) |  |  |
Balance as of beginning-of-year | $ | 744 |  |  | $ | 587 |
OCI before reclassification | (222) |  |  | 264 |
Income tax benefit (expense) | 47 |  |  | (56) |
Balance as of end-of-period | $ | 569 |  |  | $ | 795 |
Foreign Currency Translation Adjustment |  |  |
Balance as of beginning-of-year | $ | (29) |  |  | $ | (26) |
OCI before reclassification | 15 |  |  | (1) |
Balance as of end-of-period | $ | (14) |  |  | $ | (27) |
Funded Status of Employee Benefit Plans |  |  |
Balance as of beginning-of-year | $ | (296) |  |  | $ | (294) |
OCI before reclassification | (15) |  |  | 1 |
Balance as of end-of-period | $ | (311) |  |  | $ | (293) |
The following summarizes the reclassifications out of AOCI (in millions) and the associated line item on the Consolidated Statements of Comprehensive Income (Loss):
| For the Six Months Ended June 30, |
| 2025 |  | 2024 |
Unrealized Gain (Loss) on Fixed Maturity AFS |  |  |  |
Securities and Certain Other Investments |  |  |  |
Reclassification | $ | (143) |  |  | $ | (159) |  | Realized gain (loss)
Associated change in future contract benefits | 26 |  |  | 22 |  | Benefits
Reclassification before income tax benefit (expense) | (117) |  |  | (137) |  | Income (loss) before taxes
Income tax benefit (expense) | 25 |  |  | 29 |  | Federal income tax expense (benefit)
Reclassification, net of income tax | $ | (92) |  |  | $ | (108) |  | Net income (loss)
Unrealized Gain (Loss) on Derivative Instruments |  |  |  |
Interest rate contracts | $ | 1 |  |  | $ | (1) |  | Net investment income
Interest rate contracts | 8 |  |  | 15 |  | Interest and debt expense
Foreign currency contracts | 27 |  |  | 29 |  | Net investment income
Foreign currency contracts | 3 |  |  | (1) |  | Realized gain (loss)
Reclassification before income tax benefit (expense) | 39 |  |  | 42 |  | Income (loss) before taxes
Income tax benefit (expense) | (8) |  |  | (9) |  | Federal income tax expense (benefit)
Reclassification, net of income tax | $ | 31 |  |  | $ | 33 |  | Net income (loss)

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/220/tableOfContent + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration