Supplemental Information about Changes to Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2024

Supplemental Information about Changes to Accumulated Other Comprehensive Income

Note 3—Supplemental Information about Changes to Accumulated Other Comprehensive Income

Components of Accumulated Other Comprehensive Income: An analysis of the change in balance by component of Accumulated Other Comprehensive Income is as follows for each of the years 2022 through 2024:


	Available for Sale Assets		Future Policy Benefits		Foreign Exchange		Pension Adjustments		Total
For the year ended December 31, 2022:
Balance at January 1, 2022	$	2,765,290	$	(6,915,910)	$	19,248	$	(103,676)	$	(4,235,048)
Other comprehensive income (loss) before reclassifications, net of tax	(4,211,540)		5,546,706		(20,929)		94,055		1,408,292
Reclassifications, net of tax	25,578		—		—		10,865		36,443
Other comprehensive income (loss)	(4,185,962)		5,546,706		(20,929)		104,920		1,444,735
Balance at December 31, 2022	(1,420,672)		(1,369,204)		(1,681)		1,244		(2,790,313)

For the year ended December 31, 2023:
Other comprehensive income (loss) before reclassifications, net of tax	529,688		(578,187)		6,400		(3,087)		(45,186)
Reclassifications, net of tax	63,388		—		—		(308)		63,080
Other comprehensive income (loss)	593,076		(578,187)		6,400		(3,395)		17,894
Balance at December 31, 2023	(827,596)		(1,947,391)		4,719		(2,151)		(2,772,419)

For the year ended December 31, 2024:
Other comprehensive income (loss) before reclassifications, net of tax	(494,996)		1,238,349		(26,476)		22,474		739,351
Reclassifications, net of tax	2,974		—		—		374		3,348
Other comprehensive income (loss)	(492,022)		1,238,349		(26,476)		22,848		742,699
Balance at December 31, 2024	$	(1,319,618)	$	(709,042)	$	(21,757)	$	20,697	$	(2,029,720)

Reclassification adjustments: Reclassification adjustments out of Accumulated Other Comprehensive Income are presented below for the three years ended December 31, 2024.


	Year Ended December 31,						Affected line items in the Statement of Operations
Component Line Item	2024		2023		2022
Unrealized investment (gains) losses on available for sale assets:
Realized (gains) losses	$	14,843	$	84,416	$	32,165	Realized (gains) losses
Amortization of (discount) premium	(11,079)		(4,178)		212		Net investment income
Total before tax	3,764		80,238		32,377
Tax	(790)		(16,850)		(6,799)		Income taxes
Total after-tax	2,974		63,388		25,578
Pension adjustments:
Amortization of prior service cost	1,071		1,075		1,077		Other operating expense
Amortization of actuarial (gain) loss	(597)		(1,465)		12,677		Other operating expense
Total before tax	474		(390)		13,754
Tax	(100)		82		(2,889)		Income taxes
Total after-tax	374		(308)		10,865
Total reclassification (after-tax)	$	3,348	$	63,080	$	36,443