v3.26.1
Stockholders' Equity
3 Months Ended
Mar. 31, 2026
Stockholders' Equity and Statutory Accounting Practices [Abstract]  
Stockholders' Equity Stockholders' Equity
Common Stock Repurchases
The Company repurchased 755,000 and 700,000 shares of CNAF common stock at an aggregate cost of $36 million and $34 million during the three months ended March 31, 2026 and 2025.
Stock-Based Compensation
The Company issued 611,938 and 475,946 shares of CNAF common stock to settle employee stock-based compensation awards under the CNAF Incentive Compensation Plan during the three months ended March 31, 2026 and 2025.
Accumulated Other Comprehensive Income (Loss)
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 lossesNet unrealized gains (losses) on other investmentsPension and postretirement benefitsCumulative impact of changes in discount rates used to measure long duration contractsCumulative foreign currency translation adjustmentTotal
Balance as of January 1, 2026
$(15)$(988)$(166)$192 $(121)$(1,098)
Other comprehensive income (loss) before reclassifications(12)(431)— 214 (34)(263)
Amounts reclassified from accumulated other comprehensive income (loss) net of tax (expense) benefit of $1, $2, $—, $—, $— and $3
(5)(6)(1)— — (12)
Other comprehensive income (loss) net of tax (expense) benefit of $2, $115, $—, $(57), $— and $60
(7)(425)214 (34)(251)
Balance as of March 31, 2026
$(22)$(1,413)$(165)$406 $(155)$(1,349)
(In millions)Net unrealized gains (losses) on investments with an allowance for credit lossesNet unrealized gains (losses) on other investmentsPension and postretirement benefitsCumulative impact of changes in discount rates used to measure long duration contractsCumulative foreign currency translation adjustmentTotal
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 (114)38 206 
Balance as of March 31, 2025
$(16)$(1,593)$(189)$239 $(226)$(1,785)
Amounts reclassified from Accumulated other comprehensive income (loss) shown above are reported in Net income (loss) as follows:
Component of AOCICondensed 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 investmentsNet investment gains (losses)
Pension and postretirement benefitsOther operating expenses and Insurance claims and policyholders' benefits