| Schedule of Changes in Balance of Other Comprehensive Income (Loss) |
Changes in the balance of OCI for the three and nine months ended September 30, 2026 and 2025 by component are as follows (in millions). | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended September 30, 2026 | | Unrealized gain (loss) on investments and other financial instruments, net (excluding investments in unconsolidated affiliates) | | Change in current discount rate- future policy benefits | | Change in instrument-specific credit risk - market risk benefits | | Foreign currency translation and other (a) | | Total accumulated other comprehensive income (loss) | | Balance at June 30, 2026 | $ | (2,271) | | | $ | 716 | | | $ | (92) | | | $ | (11) | | | $ | (1,658) | | | Reclassification adjustments included in net earnings (b) | 32 | | | — | | | — | | | — | | | 32 | | | Other comprehensive income (loss) before tax, net of reclassifications | (1,837) | | | 612 | | | 21 | | | (11) | | | (1,215) | | | Deferred income tax (expense) benefit | 366 | | | (128) | | | (4) | | | 2 | | | 236 | | | Balance at September 30, 2026 | $ | (3,710) | | | $ | 1,200 | | | $ | (75) | | | $ | (20) | | | $ | (2,605) | | | | | | | | | | | | | Three months ended September 30, 2025 | | Unrealized gain (loss) on investments and other financial instruments, net (excluding investments in unconsolidated affiliates) | | Change in current discount rate- future policy benefits | | Change in instrument-specific credit risk - market risk benefits | | Foreign currency translation and other (a) | | Total accumulated other comprehensive income (loss) | | Balance at June 30, 2025 | $ | (2,261) | | | $ | 666 | | | $ | (83) | | | $ | 8 | | | $ | (1,670) | | | Reclassification adjustments included in net earnings (b) | 10 | | | — | | | — | | | — | | | 10 | | | Other comprehensive income (loss) before tax, net of reclassifications | 548 | | | (162) | | | (32) | | | 1 | | | 355 | | | Deferred income tax (expense) benefit | (111) | | | 34 | | | 6 | | | — | | | (71) | | | Balance at September 30, 2025 | $ | (1,814) | | | $ | 538 | | | $ | (109) | | | $ | 9 | | | $ | (1,376) | |
(a)Other includes changes in hedging instruments. (b)Net of income tax (expense) benefit of $(8) million and an immaterial amount for the three months ended September 30, 2026 and 2025, respectively. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Nine months ended September 30, 2026 | | | Unrealized gain (loss) on investments and other financial instruments, net (excluding investments in unconsolidated affiliates) | | Change in current discount rate- future policy benefits | | Change in instrument-specific credit risk - market risk benefits | | Foreign currency translation and other (a) | | Total accumulated other comprehensive income (loss) | | | Balance at December 31, 2025 | $ | (1,951) | | | $ | 563 | | | $ | (102) | | | $ | 2 | | | $ | (1,488) | | | | Reclassification adjustments included in net earnings (b) | 163 | | | — | | — | | — | | | — | | | 163 | | | | Other comprehensive income (loss) before tax, net of reclassifications | (2,406) | | | 806 | | | 34 | | | (28) | | | (1,594) | | | | Deferred income tax (expense) benefit | 484 | | | (169) | | | (7) | | | 6 | | | 314 | | | | Balance at September 30, 2026 | $ | (3,710) | | | $ | 1,200 | | | $ | (75) | | | $ | (20) | | | $ | (2,605) | | | | | | | | | | | | | | | Nine months ended September 30, 2025 | | | Unrealized gain (loss) on investments and other financial instruments, net (excluding investments in unconsolidated affiliates) | | Change in current discount rate- future policy benefits | | Change in instrument-specific credit risk - market risk benefits | | Foreign currency translation and other (a) | | Total accumulated other comprehensive income (loss) | | | Balance at December 31, 2024 | $ | (2,637) | | | $ | 798 | | | $ | (78) | | | $ | (6) | | | $ | (1,923) | | | | Reclassification adjustments included in net earnings (b) | 10 | | | — | | | — | | | (1) | | | 9 | | | | Other comprehensive income (loss) before tax, net of reclassifications | 1,020 | | | (329) | | | (39) | | | 20 | | | 672 | | | | Deferred income tax (expense) benefit | (207) | | | 69 | | | 8 | | | (4) | | | (134) | | | | Balance at September 30, 2025 | $ | (1,814) | | | $ | 538 | | | $ | (109) | | | $ | 9 | | | $ | (1,376) | | |
(a)Other includes changes in hedging instruments. (b)Net of income tax (expense) benefit of $(43) million and an immaterial amount for the nine months ended September 30, 2026 and 2025, respectively.
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