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 April 1, 2025 | $ | (16) | | | $ | (1,593) | | | $ | (189) | | | $ | 239 | | | $ | (226) | | | $ | (1,785) | | Other comprehensive income (loss) before reclassifications | (5) | | | 42 | | | — | | | (3) | | | 128 | | | 162 | | Amounts reclassified from accumulated other comprehensive income (loss) net of tax (expense) benefit of $2, $10, $1, $—, $— and $13 | (6) | | | (30) | | | (1) | | | — | | | — | | | (37) | | Other comprehensive income (loss) net of tax (expense) benefit of $—, $(22), $(1), $—, $— and $(23) | 1 | | | 72 | | | 1 | | | (3) | | | 128 | | | 199 | | Balance as of June 30, 2025 | $ | (15) | | | $ | (1,521) | | | $ | (188) | | | $ | 236 | | | $ | (98) | | | $ | (1,586) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (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 April 1, 2024 | $ | (10) | | | $ | (1,830) | | | $ | (519) | | | $ | (18) | | | $ | (195) | | | $ | (2,572) | | Other comprehensive income (loss) before reclassifications | (4) | | | (250) | | | — | | | 273 | | | (10) | | | 9 | | Amounts reclassified from accumulated other comprehensive income (loss) net of tax (expense) benefit of $1, $1, $1, $—, $— and $3 | (4) | | | (6) | | | (6) | | | — | | | — | | | (16) | | Other comprehensive income (loss) net of tax (expense) benefit of $—, $66, $(1), $(72), $— and $(7) | — | | | (244) | | | 6 | | | 273 | | | (10) | | | 25 | | Balance as of June 30, 2024 | $ | (10) | | | $ | (2,074) | | | $ | (513) | | | $ | 255 | | | $ | (205) | | | $ | (2,547) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (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 | (10) | | | 319 | | | — | | | (117) | | | 166 | | | 358 | | Amounts reclassified from accumulated other comprehensive income (loss) net of tax (expense) benefit of $2, $11, $1, $—, $— and $14 | (8) | | | (36) | | | (3) | | | — | | | — | | | (47) | | Other comprehensive income (loss) net of tax (expense) benefit of $1, $(96), $(1), $31, $— and $(65) | (2) | | | 355 | | | 3 | | | (117) | | | 166 | | | 405 | | Balance as of June 30, 2025 | $ | (15) | | | $ | (1,521) | | | $ | (188) | | | $ | 236 | | | $ | (98) | | | $ | (1,586) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (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 | (5) | | | (489) | | | — | | | 614 | | | (42) | | | 78 | | Amounts reclassified from accumulated other comprehensive income (loss) net of tax (expense) benefit of $2, $7, $2, $—, $— and $11 | (7) | | | (28) | | | (12) | | | — | | | — | | | (47) | | Other comprehensive income (loss) net of tax (expense) benefit of $(1), $124, $(2), $(163), $— and $(42) | 2 | | | (461) | | | 12 | | | 614 | | | (42) | | | 125 | | Balance as of June 30, 2024 | $ | (10) | | | $ | (2,074) | | | $ | (513) | | | $ | 255 | | | $ | (205) | | | $ | (2,547) | | 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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