Accumulated Other Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2020

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Components Of Accumulated Other Comprehensive Loss

A reconciliation of the components of accumulated other comprehensive loss at March 31, 2020 and 2019 is as follows:

	March 31
	2020			2019
Investments:
Gross unrealized gains	$	510		$	379
Gross unrealized losses	(729		)	(121		)
Net pre-tax unrealized (losses) gains	(219		)	258
Deferred tax asset (liability)	51			(61		)
Net unrealized (losses) gains on investments	(168		)	197
Non-credit components of impairments on investments:
Unrealized losses	(44		)	(3		)
Deferred tax asset	10			1
Net unrealized non-credit component of impairments on investments	(34		)	(2		)
Cash flow hedges:
Gross unrealized losses	(327		)	(308		)
Deferred tax asset	68			65
Net unrealized losses on cash flow hedges	(259		)	(243		)
Defined benefit pension plans:
Deferred net actuarial loss	(724		)	(744		)
Deferred prior service credits	—			(1		)
Deferred tax asset	185			191
Net unrecognized periodic benefit costs for defined benefit pension plans	(539		)	(554		)
Postretirement benefit plans:
Deferred net actuarial loss	(25		)	(57		)
Deferred prior service costs	18			31
Deferred tax asset	2			7
Net unrecognized periodic benefit costs for postretirement benefit plans	(5		)	(19		)
Foreign currency translation adjustments:
Gross unrealized losses	(4		)	(3		)
Deferred tax asset	1			1
Net unrealized losses on foreign currency translation adjustments	(3		)	(2		)
Accumulated other comprehensive loss	$	(1,008	)	$	(623	)

Other Comprehensive Income (Loss) Reclassification Adjustments

Other comprehensive income (loss) reclassification adjustments for the three months ended March 31, 2020 and 2019 are as follows:

	Three Months Ended March 31
	2020			2019
Investments:
Net holding (loss) gain on investment securities arising during the period, net of tax benefit (expense) of $213 and $(98), respectively	$	(716	)	$	350
Reclassification adjustment for net realized gains on investment securities, net of tax benefit of $7 and $2, respectively	27			7
Total reclassification adjustment on investments	(689		)	357
Non-credit component of impairments on investments:
Non-credit component of impairments on investments, net of tax benefit of $9	(32		)	—
Cash flow hedges:
Holding gain, net of tax expense of ($1) and ($0), respectively	3			3
Other:
Net change in unrecognized periodic benefit costs for defined benefit pension and postretirement benefit plans, net of tax expense of ($3) and ($1), respectively	7			3
Foreign currency translation adjustment, net of tax expense of ($0) and ($0), respectively	(1		)	—
Net (loss) gain recognized in other comprehensive income, net of tax benefit (expense) of $211 and $(101), respectively	$	(712	)	$	363