v3.25.2
Other Comprehensive Income (Loss) - Components of Other Comprehensive Income (Loss) on a Pre-Tax and After-Tax Basis (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Pre-tax        
Other comprehensive income (loss) $ 575 $ (183) $ 1,060 $ (416)
Tax        
Other comprehensive income (loss) (123) 40 (228) 90
After-tax        
Other comprehensive income (loss), after-tax 452 (143) 832 (326)
Unrealized net capital gains and losses        
Pre-tax        
Unrealized net holding gains and losses arising during the period, net of related offsets 245 (260) 629 (635)
Less: reclassification adjustment of realized capital gains and losses (248) (108) (400) (209)
Other comprehensive income (loss) 493 (152) 1,029 (426)
Tax        
Unrealized net holding gains and losses arising during the period, net of related offsets (54) 56 (138) 136
Less: reclassification adjustment of realized capital gains and losses 52 23 84 44
Other comprehensive income (loss) (106) 33 (222) 92
After-tax        
Unrealized net holding gains and losses arising during the period, net of related offsets 191 (204) 491 (499)
Less: reclassification adjustment of realized capital gains and losses (196) (85) (316) (165)
Other comprehensive income (loss), after-tax 387 (119) 807 (334)
Unrealized foreign currency translation adjustments        
Pre-tax        
Other comprehensive income (loss) 106 (29) 49 (19)
Tax        
Other comprehensive income (loss) (22) 6 (10) 4
After-tax        
Other comprehensive income (loss), after-tax 84 (23) 39 (15)
Unamortized pension and other postretirement prior service credit        
Pre-tax        
Other comprehensive income (loss) 0 (1) 0 (2)
Tax        
Other comprehensive income (loss) 0 1 0 1
After-tax        
Other comprehensive income (loss), after-tax 0 0 0 (1)
Discount rate for reserve for future policy benefits        
Pre-tax        
Other comprehensive income (loss) (24) (1) (18) 31
Tax        
Other comprehensive income (loss) 5 0 4 (7)
After-tax        
Other comprehensive income (loss), after-tax $ (19) $ (1) $ (14) $ 24