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Benefit Plans (Tables)
 12 Months Ended
Dec. 31, 2025
Retirement Benefits [Abstract]  
Funded status
The following table presents a reconciliation of benefit obligations and plan assets.
Pension BenefitsPostretirement Benefits
(In millions)2025202420252024
Benefit obligation as of January 1$681 $1,807 $4 $5 
Changes in benefit obligation:
Interest cost36 87 — — 
Participants' contributions— — 1 1 
Actuarial (gain) loss8 (24)1 — 
Benefits paid(51)(144)(2)(2)
Foreign currency translation and other4 (1)— — 
Plan amendments— — (2)— 
Effect of pension settlement transactions5 (1,044)— — 
Benefit obligation as of December 31683 681 2 4 
Fair value of plan assets as of January 1915 1,984 — — 
Change in plan assets:
Actual return on plan assets84 115 — — 
Company contributions5 5 1 1 
Participants' contributions— — 1 1 
Benefits paid(51)(144)(2)(2)
Foreign currency translation and other6 (1)— — 
Effect of pension settlement transactions4 (1,044)— — 
Fair value of plan assets as of December 31963 915 — — 
Funded status$280 $234 $(2)$(4)
Amounts recognized on the Consolidated Balance Sheets as of December 31:
Other assets$318 $275 $— $— 
Other liabilities(38)(41)(2)(4)
Net amount recognized$280 $234 $(2)$(4)
Amounts recognized in Accumulated other comprehensive income, not yet recognized in net periodic cost (benefit):
Net actuarial (gain) loss$208 $236 $(1)$2 
Net amount recognized$208 $236 $(1)$2 
Components of net periodic cost (benefit)
The components of net periodic pension cost (benefit) are presented in the following table.
Years ended December 31
(In millions)202520242023
Net periodic pension cost (benefit)
Interest cost on projected benefit obligation$36 $87 $98 
Expected return on plan assets(54)(116)(119)
Amortization of net actuarial loss (gain) 7 29 33 
Pension settlement transaction loss— 371 — 
Total net periodic pension cost (benefit)$(11)$371 $12 
The following table indicates the line items in which the non-service cost (benefit) is presented in the Consolidated Statements of Operations.
Years ended December 31
(In millions)202520242023
Non-Service Cost (benefit):
Insurance claims and policyholder's benefits$(3)$— $3 
Other operating expenses(8)371 9 
Total net periodic pension cost (benefit)$(11)$371 $12 
Schedule of amounts recognized in Other comprehensive income
The amounts recognized in Other comprehensive income are presented in the following table.
Years ended December 31
(In millions)202520242023
Pension and postretirement benefits
Amounts arising during the period$22 $22 $50 
Postretirement termination loss3 — — 
Pension settlement transaction loss— 371 — 
Reclassification adjustment relating to prior service credit(2)— — 
Reclassification adjustment relating to actuarial loss8 30 34 
Total increase (decrease) in Other comprehensive income$31 $423 $84 
Actuarial assumptions for benefit obligations and for net cost or benefit
Actuarial assumptions used for the CNA Retirement Plan and CNA Health and Group Benefits Program to determine benefit obligations are presented in the following table. The interest crediting rate is the weighted average interest rate applied to the individual pension balances for employees who elected to cease accruals effective December 31, 1999.
December 3120252024
Pension benefits
Discount rate5.200 %5.500 %
Interest crediting rate4.500 4.500 
Postretirement benefits
Discount rate5.100 %5.400 %
Actuarial assumptions used for the CNA Retirement Plan and CNA Health and Group Benefits Program to determine net cost or benefit are presented in the following table.
Years ended December 31202520242023
Pension benefits
Discount rate5.500 %5.100 %5.350 %
Expected long-term rate of return6.250 6.250 6.250 
Interest crediting rate4.500 4.500 3.500 
Postretirement benefits
Discount rate5.400 %5.100 %5.250 %
Fair value of plan assets measured on a recurring basis
Pension plan assets measured at fair value on a recurring basis are presented in the following tables.
December 31, 2025
(In millions)Level 1Level 2Level 3Total
Assets
Fixed maturity securities:
Corporate bonds and other$— $473 $4 $477 
States, municipalities and political subdivisions— 11 — 11 
Asset-backed— 103 8 111 
Total fixed maturity securities— 587 12 599 
Equity securities— 36 — 36 
Short-term investments33 — — 33 
Other assets— 7 — 7 
Cash2 — — 2 
Total assets measured at fair value$35 $630 $12 677 
Total limited partnerships measured at net asset value (1)
286 
Total$963 
December 31, 2024
(In millions)Level 1Level 2Level 3Total
Assets
Fixed maturity securities:
Corporate bonds and other$— $408 $5 $413 
States, municipalities and political subdivisions— 6 — 6 
Asset-backed— 113 8 121 
Total fixed maturity securities— 527 13 540 
Equity securities8 15 — 23 
Short-term investments47 — — 47 
Other assets— 6 — 6 
Cash2 — — 2 
Total assets measured at fair value$57 $548 $13 618 
Total limited partnerships measured at net asset value (1)
297 
Total$915 
(1) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in this table for these investments are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Plan's Statement of Financial Position.
Schedule of expected benefit payments
The table below presents the estimated future minimum benefit payments to participants as of December 31, 2025.
(In millions)Pension Benefits
2026$58 
202758 
202858
202958 
203057
2031-2035258