v3.26.1
Changes in Accumulated Other Comprehensive Income (Loss) (Tables)
 3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Schedule of Changes in Accumulated Other Comprehensive Income (Loss), Net of Taxes
The following tables show the changes in accumulated other comprehensive income (loss), net of taxes, by component as of and for the periods indicated:
(Amounts in millions)Net
unrealized
investment
gains
(losses)
Derivatives
qualifying as
hedges (1)
Change in the
discount rate
used to
measure
future policy
benefits		Change in
instrument-
specific
credit risk
of market
risk benefits		Foreign
currency
translation
and other
adjustments		Total
Balances as of January 1, 2026$(1,987)$187 $463 $(4)$17 $(1,324)
OCI before reclassifications(566)23 649 — (3)103 
Amounts reclassified from OCI17 (30)— — — (13)
Current period OCI(549)(7)649 — (3)90 
Balances as of March 31, 2026 before noncontrolling interests(2,536)180 1,112 (4)14 (1,234)
Less: change in OCI attributable to noncontrolling interests(10)— — — — (10)
Balances as of March 31, 2026$(2,526)$180 $1,112 $(4)$14 $(1,224)
______________
(1)See note 5 for additional information.
(Amounts in millions)Net
unrealized
investment
gains
(losses)
Derivatives
qualifying as
hedges (1)
Change in the
discount rate
used to
measure
future policy
benefits		Change in
instrument-
specific
credit risk
of market
risk benefits		Foreign
currency
translation
and other
adjustments		Total
Balances as of January 1, 2025$(3,156)$492 $1,022 $(5)$4 $(1,643)
OCI before reclassifications503 74 (319)(1)2 259 
Amounts reclassified from OCI3 (31)— — — (28)
Current period OCI506 43 (319)(1)2 231 
Balances as of March 31, 2025 before noncontrolling interests(2,650)535 703 (6)6 (1,412)
Less: change in OCI attributable to noncontrolling interests10 — — — — 10 
Balances as of March 31, 2025$(2,660)$535 $703 $(6)$6 $(1,422)
______________
(1)See note 5 for additional information.
Schedule of Reclassifications in (out) of Accumulated Other Comprehensive Income (Loss), Net of Taxes
The following table shows reclassifications from accumulated other comprehensive income (loss), net of taxes, for the periods presented:
Three months ended
March 31,		Affected line item in the condensed consolidated statements of operations
(Amounts in millions)20262025
Net unrealized investment (gains) losses:
Unrealized (gains) losses on investments$21 $4 Net investment (gains) losses
Income taxes(4)(1)Provision (benefit) for income taxes
Total$17 $3 
Derivatives qualifying as hedges:
Interest rate swaps hedging assets$(44)$(48)Net investment income
Interest rate swaps hedging assets(3)(1)Net investment (gains) losses
Interest rate swaps hedging liabilities1 — Interest expense
Income taxes16 18 Provision (benefit) for income taxes
Total$(30)$(31)