| Accumulated Other Comprehensive (Loss) Income |
Accumulated Other Comprehensive (Loss) Income A reconciliation of the components of accumulated other comprehensive (loss) income at June 30, 2024 and 2023 is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30 | | Six Months Ended June 30 | | | | 2024 | | 2023 | | 2024 | | 2023 | | | | | | | | | | | | | | Net unrealized investment (losses) gains: | | | | | | | | | | | Beginning of period balance | $ | (688) | | | $ | (1,330) | | | $ | (632) | | | $ | (1,755) | | | | Other comprehensive income (loss) before reclassifications, net of tax benefit (expense) of $26, $61, $75 and $(25), respectively | (82) | | | (191) | | | (245) | | | 146 | | | | Amounts reclassified from accumulated other comprehensive income, net of tax benefit of $(17), $(23), $(49) and $(51), respectively | 56 | | | 72 | | | 163 | | | 162 | | | | | Other comprehensive income (loss) | (26) | | | (119) | | | (82) | | | 308 | | | | Other comprehensive income attributable to noncontrolling interests, net of tax benefit (expense) of $0, $0, $0 and $0, respectively | — | | | — | | | — | | | (2) | | | | | End of period balance | (714) | | | (1,449) | | | (714) | | | (1,449) | | | | | | | | | | | | | | | Non-credit components of impairments on investments: | | | | | | | | | | | Beginning of period balance | (3) | | | (5) | | | (3) | | | (3) | | | | Other comprehensive loss, net of tax benefit of $0, $0, $0 and $1, respectively | — | | | (1) | | | — | | | (3) | | | | | End of period balance | (3) | | | (6) | | | (3) | | | (6) | | | | | | | | | | | | | | | Net cash flow hedges: | | | | | | | | | | | Beginning of period balance | (209) | | | (218) | | | (211) | | | (229) | | | | Other comprehensive income, net of tax benefit (expense) of $(1), $(1), $(2) and $7, respectively | 4 | | | 4 | | | 6 | | | 15 | | | | | End of period balance | (205) | | | (214) | | | (205) | | | (214) | | | | | | | | | | | | | | | Pension and other postretirement benefits: | | | | | | | | | | | Beginning of period balance | (455) | | | (497) | | | (459) | | | (499) | | | | Other comprehensive income, net of tax expense of $(1), $(1), $(2) and $(2), respectively | 4 | | | 3 | | | 8 | | | 5 | | | | | End of period balance | (451) | | | (494) | | | (451) | | | (494) | | | | | | | | | | | | | | | Future policy benefits: | | | | | | | | | | | Beginning of period balance | 8 | | | 15 | | | 10 | | | 13 | | | | Other comprehensive income (loss), net of tax benefit of $0, $1, $0 and $1, respectively | 1 | | | (3) | | | (1) | | | (1) | | | | | End of period balance | 9 | | | 12 | | | 9 | | | 12 | | | | | | | | | | | | | | | Foreign currency translation adjustments: | | | | | | | | | | | Beginning of period balance | (18) | | | (15) | | | (18) | | | (17) | | | | Other comprehensive income (loss), net of tax expense of $0, $(5), $0 and $(3), respectively | (5) | | | — | | | (5) | | | 2 | | | | | End of period balance | (23) | | | (15) | | | (23) | | | (15) | | | | | | | | | | | | | | | Total: | | | | | | | | | | | Total beginning of period accumulated other comprehensive loss | (1,365) | | | (2,050) | | | (1,313) | | | (2,490) | | | | Total other comprehensive (loss) income, net of tax benefit (expense) of $7, $32, $22, and $(72), respectively | (22) | | | (116) | | | (74) | | | 326 | | | | Total other comprehensive loss attributable to noncontrolling interests, net of tax benefit (expense) of $0, $0, $0 and $0 respectively | — | | | — | | | — | | | (2) | | | | | Total end of period accumulated other comprehensive loss | $ | (1,387) | | | $ | (2,166) | | | $ | (1,387) | | | $ | (2,166) | | | |
|