Supplemental Information about Changes to Accumulated Other Comprehensive Income

9 Months Ended

Sep. 30, 2025

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 the three and nine month periods ended September 30, 2025 and 2024:


	Three Months Ended September 30, 2025
	Available for Sale Assets		Future Policy Benefits		Foreign Exchange		Pension Adjustments		Total
Balance at July 1, 2025	$	(1,251,427)	$	(746,269)	$	(6,969)	$	20,797	$	(1,983,868)
Other comprehensive income (loss) before reclassifications, net of tax	342,044		(334,519)		(4,445)		—		3,080
Reclassifications, net of tax	7,847		—		—		50		7,897
Other comprehensive income (loss)	349,891		(334,519)		(4,445)		50		10,977
Balance at September 30, 2025	$	(901,536)	$	(1,080,788)	$	(11,414)	$	20,847	$	(1,972,891)


	Three Months Ended September 30, 2024
	Available for Sale Assets		Future Policy Benefits		Foreign Exchange		Pension Adjustments		Total
Balance at July 1, 2024	$	(1,271,213)	$	(911,717)	$	(4,726)	$	(1,964)	$	(2,189,620)
Other comprehensive income (loss) before reclassifications, net of tax	686,343		(985,420)		5,764		—		(293,313)
Reclassifications, net of tax	(1,903)		—		—		93		(1,810)
Other comprehensive income (loss)	684,440		(985,420)		5,764		93		(295,123)
Balance at September 30, 2024	$	(586,773)	$	(1,897,137)	$	1,038	$	(1,871)	$	(2,484,743)


	Nine Months Ended September 30, 2025
	Available for Sale Assets		Future Policy Benefits		Foreign Exchange		Pension Adjustments		Total
Balance at January 1, 2025	$	(1,319,618)	$	(709,042)	$	(21,757)	$	20,697	$	(2,029,720)
Other comprehensive income (loss) before reclassifications, net of tax	404,498		(371,746)		10,343		—		43,095
Reclassifications, net of tax	13,584		—		—		150		13,734
Other comprehensive income (loss)	418,082		(371,746)		10,343		150		56,829
Balance at September 30, 2025	$	(901,536)	$	(1,080,788)	$	(11,414)	$	20,847	$	(1,972,891)


	Nine Months Ended September 30, 2024
	Available for Sale Assets		Future Policy Benefits		Foreign Exchange		Pension Adjustments		Total
Balance at January 1, 2024	$	(827,596)	$	(1,947,391)	$	4,719	$	(2,151)	$	(2,772,419)
Other comprehensive income (loss) before reclassifications, net of tax	238,785		50,254		(3,681)		—		285,358
Reclassifications, net of tax	2,038		—		—		280		2,318
Other comprehensive income (loss)	240,823		50,254		(3,681)		280		287,676
Balance at September 30, 2024	$	(586,773)	$	(1,897,137)	$	1,038	$	(1,871)	$	(2,484,743)

Reclassification Adjustments: Reclassification adjustments out of accumulated other comprehensive income are presented below for the three and nine month periods ended September 30, 2025 and 2024.


	Three Months Ended September 30,				Nine Months Ended September 30,				Affected line items in the Statements of Operations
Component Line Item	2025		2024		2025		2024
Unrealized investment (gains) losses on available for sale assets:
Realized (gains) losses	$	11,746	$	(257)	$	23,755	$	9,732	Realized (gains) losses

Amortization of (discount) premium	(1,813)		(2,151)		(6,560)		(7,152)		Net investment income
Total before tax	9,933		(2,408)		17,195		2,580
Tax	(2,086)		505		(3,611)		(542)		Income taxes
Total after-tax	7,847		(1,903)		13,584		2,038
Pension adjustments:
Amortization of prior service cost	292		265		876		803		Other operating expense
Amortization of actuarial (gain) loss	(228)		(147)		(685)		(449)		Other operating expense
Total before tax	64		118		191		354
Tax	(14)		(25)		(41)		(74)		Income taxes
Total after-tax	50		93		150		280
Total reclassification (after-tax)	$	7,897	$	(1,810)	$	13,734	$	2,318