| Accumulated Other Comprehensive Income (Loss) by Component |
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 | | Pension and postretirement benefits | | Cumulative impact of changes in discount rates used to measure long duration contracts | | Cumulative foreign currency translation adjustment | | Total | | | | | | | | | | | | | | | | | | | | | | | | | Balance as of January 1, 2025 | $ | (13) | | | $ | (1,876) | | | $ | (191) | | | $ | 353 | | | $ | (264) | | | $ | (1,991) | | | Other comprehensive income (loss) before reclassifications | (5) | | | 277 | | | — | | | (114) | | | 38 | | | 196 | | Amounts reclassified from accumulated other comprehensive income (loss) net of tax (expense) benefit of $—, $1, $—, $—, $— and $1 | (2) | | | (6) | | | (2) | | | — | | | — | | | (10) | | Other comprehensive income (loss) net of tax (expense) benefit of $1, $(74), $—, $31, $— and $(42) | (3) | | | 283 | | | 2 | | | (114) | | | 38 | | | 206 | | Balance as of March 31, 2025 | $ | (16) | | | $ | (1,593) | | | $ | (189) | | | $ | 239 | | | $ | (226) | | | $ | (1,785) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In millions) | Net unrealized gains (losses) on investments with an allowance for credit losses | | Net unrealized gains (losses) on other investments | | Pension and postretirement benefits | | Cumulative impact of changes in discount rates used to measure long duration contracts | | Cumulative foreign currency translation adjustment | | Total | Balance as of January 1, 2024 | $ | (12) | | | $ | (1,613) | | | $ | (525) | | | $ | (359) | | | $ | (163) | | | $ | (2,672) | | | Other comprehensive income (loss) before reclassifications | (1) | | | (239) | | | — | | | 341 | | | (32) | | | 69 | | Amounts reclassified from accumulated other comprehensive income (loss) net of tax (expense) benefit of $1, $6, $1, $—, $— and $8 | (3) | | | (22) | | | (6) | | | — | | | — | | | (31) | | Other comprehensive income (loss) net of tax (expense) benefit of $(1), $58, $(1), $(91), $— and $(35) | 2 | | | (217) | | | 6 | | | 341 | | | (32) | | | 100 | | Balance as of March 31, 2024 | $ | (10) | | | $ | (1,830) | | | $ | (519) | | | $ | (18) | | | $ | (195) | | | $ | (2,572) | |
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 |
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