XML 53 R41.htm IDEA: XBRL DOCUMENT v3.25.3

Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2025

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income

Shareholders' equity included the following components of Accumulated other comprehensive income (loss) ("AOCI") as of the dates indicated:

			September 30, 2025						September 30, 2024
Fixed maturities, net of impairment			$	(1,644)					$	(1,648)
Derivatives(1)			7						34
Change in current discount rate			(770)						(838)
Deferred income tax asset (liability)(2)			628						638
Total			(1,779)						(1,814)
Pension and other postretirement benefits liability, net of tax			1						2
AOCI			$	(1,778)					$	(1,812)

(1) Gains and losses reported in AOCI from hedge transactions that resulted in the acquisition of an identified asset are reclassified into earnings in the same period or periods during which the asset acquired affects earnings. As of September 30, 2025, the portion of the AOCI that is expected to be reclassified into earnings within the next 12 months is $7.

(2) The Company uses the portfolio method to determine when stranded tax benefits (or detriments) are released from AOCI.

Schedule of Amounts Recognized in Other Comprehensive Income (Loss)

Changes in AOCI, including the reclassification adjustments recognized in the Condensed Consolidated Statements of Operations, were as follows for the periods indicated:

			Three Months Ended September 30, 2025
			Before-Tax Amount						Income Tax						After-Tax Amount
Available-for-sale securities:
Fixed maturities			$	372					$	(79)					$	293
Adjustments for amounts recognized in Net gains (losses) in the Condensed Consolidated Statements of Operations			—						—						—
Change in unrealized gains (losses) on available-for-sale securities			372						(79)						293
Derivatives:
Derivatives			7			(1)			(1)						6
Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Condensed Consolidated Statements of Operations			(2)						1						(1)
Change in unrealized gains (losses) on derivatives			5						—						5
Change in current discount rate			(11)						2						(9)
Change in AOCI			$	366					$	(77)					$	289

(1) See the Derivative Financial Instruments Note to these Condensed Consolidated Financial Statements for additional information.

			Nine Months Ended September 30, 2025
			Before-Tax Amount						Income Tax						After-Tax Amount
Available-for-sale securities:
Fixed maturities			$	881					$	(186)					$	695
Adjustments for amounts recognized in Net gains (losses) in the Condensed Consolidated Statements of Operations			26						(5)						21
Change in unrealized gains (losses) on available-for-sale securities			907						(191)						716
Derivatives:
Derivatives			(50)			(1)			11						(39)
Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Condensed Consolidated Statements of Operations			(8)						2						(6)
Change in unrealized gains (losses) on derivatives			(58)						13						(45)
Change in current discount rate			17						(4)						13
Change in AOCI			$	866					$	(182)					$	684

(1) See the Derivative Financial Instruments Note to these Condensed Consolidated Financial Statements for additional information.

			Three Months Ended September 30, 2024
			Before-Tax Amount						Income Tax						After-Tax Amount
Available-for-sale securities:
Fixed maturities			$	1,047					$	(219)					$	828
Adjustments for amounts recognized in Net gains (losses) in the Condensed Consolidated Statements of Operations			(20)						4						(16)
Change in unrealized gains (losses) on available-for-sale securities			1,027						(215)						812
Derivatives:
Derivatives			(28)			(1)			6						(22)
Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Condensed Consolidated Statements of Operations			(4)						1						(3)
Change in unrealized gains (losses) on derivatives			(32)						7						(25)
Change in current discount rate			(20)						4						(16)
Change in AOCI			$	975					$	(204)					$	771

(1) See the Derivative Financial Instruments Note to these Condensed Consolidated Financial Statements for additional information.

			Nine Months Ended September 30, 2024
			Before-Tax Amount						Income Tax						After-Tax Amount
Available-for-sale securities:
Fixed maturities			$	717					$	(151)					$	566
Adjustments for amounts recognized in Net gains (losses) in the Condensed Consolidated Statements of Operations			4						(1)						3
Change in unrealized gains (losses) on available-for-sale securities			721						(152)						569
Derivatives:
Derivatives			(17)			(1)			4						(13)
Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Condensed Consolidated Statements of Operations			(12)						3						(9)
Change in unrealized gains (losses) on derivatives			(29)						7						(22)
Change in current discount rate			52						(11)						41
Change in AOCI			$	744					$	(156)					$	588

(1) See the Derivative Financial Instruments Note to these Condensed Consolidated Financial Statements for additional information.

X

- References

No definition available.

+ Details

Name:	us-gaap_EquityAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
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

X

- Definition

Tabular disclosure of the net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-5

+ Details

Name:	us-gaap_ScheduleOfAmountsRecognizedInOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration