v3.26.1
Other Comprehensive Income (Loss) (Tables)
 6 Months Ended
Jun. 30, 2026
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
Shareholders’ equity included the following activity in accumulated other comprehensive income (loss) for the three and six months ended June 30, 2026 and 2025:
Three Months Ended
June 30,		Six Months Ended
June 30,
In millions2026202520262025
Net unrealized investment gains (losses):
Beginning of period balance$(38)$(183)$206 $(399)
Other comprehensive income (loss) before reclassifications ($(24), $136, $(353), $324 pretax)
(17)136 (271)323 
Amounts reclassified from accumulated other comprehensive income (loss) ($10, $55, $23, $87 pretax) (1)
8 51 18 80 
Other comprehensive income (loss)(9)187 (253)403 
End of period balance(47)4 (47)4 
Change in discount rate on long-duration insurance reserves:
Beginning of period balance258 232 215 265 
Other comprehensive income (loss) before reclassifications ($2, $29, $56, $(12) pretax)
1 23 44 (10)
Other comprehensive income (loss)
1 23 44 (10)
End of period balance259 255 259 255 
Foreign currency translation adjustments:
Beginning of period balance7 (4)7 (4)
Other comprehensive income (loss) before reclassifications(1)4 (1)4 
Other comprehensive income (loss)(1)4 (1)4 
End of period balance6 — 6 — 
Net cash flow hedges:
Beginning of period balance212 225 216 229 
Other comprehensive income before reclassifications ($0, $5, $0, $5 pretax)
— 3 — 3 
Amounts reclassified from accumulated other comprehensive income ($(6), $(6), $(11), $(12) pretax) (2)
(4)(4)(8)(8)
Other comprehensive loss(4)(1)(8)(5)
End of period balance208 224 208 224 
Pension and other postretirement benefits:
Beginning of period balance(238)(211)(238)(211)
Other comprehensive income
— — — — 
End of period balance(238)(211)(238)(211)
Total beginning of period accumulated other comprehensive income (loss)
201 59 406 (120)
Total other comprehensive income (loss)(13)213 (218)392 
Total end of period accumulated other comprehensive income$188 $272 $188 $272 
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(1)Amounts reclassified from accumulated other comprehensive income (loss) for specifically identified debt securities are included in net investment income in the unaudited condensed consolidated statements of operations.
(2)Amounts reclassified from accumulated other comprehensive income for specifically identified cash flow hedges are included in interest expense in the unaudited condensed consolidated statements of operations. The Company expects to reclassify approximately $16 million, net of tax, in net gains associated with its cash flow hedges into net income within the next 12 months.