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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE EARNINGS (Parenthetical) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Statement of Comprehensive Income [Abstract]        
Unrealized (loss) gain on investments and other financial instruments, tax expense [1] $ 121 $ 6 $ 118 $ 14
Unrealized gain on investments in unconsolidated affiliates tax expense [2] 0 1 2 2
Unrealized (loss) gain foreign currency translation, tax (benefit) expense [3] 2 1 (1) 1
Reclassification adjustments for change in unrealized gains and losses included in net earnings, tax expense (benefit) [4] 1 $ (1) 0 $ (2)
Change in reinsurance liabilities held at fair value resulting from a change in the instrument-specific credit risk, tax $ 1 [5]   $ 1  
[1] Net of income tax expense of $121 million and $6 million for the three-month periods ended June 30, 2020 and 2019, respectively, and $118 million and $14 million for the six-month periods ended June 30, 2020 and 2019, respectively.
[2] Net of income tax expense of $0 million and $1 million for the three-month periods ended June 30, 2020 and 2019, respectively, and $2 million and $2 million for the six-month periods ended June 30, 2020 and 2019, respectively.
[3] Net of income tax expense (benefit) of $2 million and $1 million for the three-month periods ended June 30, 2020 and 2019, respectively, and $(1) million and $1 million for the six-month periods ended June 30, 2020 and 2019, respectively.
[4] Net of income tax expense (benefit) of $1 million and $(1) million for the three-month periods ended June 30, 2020 and 2019, respectively, and $0 million and $(2) million for the six-month periods ended June 30, 2020 and 2019, respectively.(5)Net of income tax expense of $1 million for the three and six-month periods ended June 30, 2020.
[5] Net of income tax expense of $1 million for the three and six-month periods ended June 30, 2020.