Supplemental Information about Changes to Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 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 each of the years 2023 through 2025:


	Available for Sale Assets		Future Policy Benefits		Foreign Exchange		Pension Adjustments		Total
For the year ended December 31, 2023:
Balance at January 1, 2023	$	(1,420,672)	$	(1,369,204)	$	(1,681)	$	1,244	$	(2,790,313)
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)

For the year ended December 31, 2025:
Other comprehensive income (loss) before reclassifications, net of tax	338,012		(112,586)		12,713		8,312		246,451
Reclassifications, net of tax	11,624		—		—		201		11,825
Other comprehensive income (loss)	349,636		(112,586)		12,713		8,513		258,276
Balance at December 31, 2025	$	(969,982)	$	(821,628)	$	(9,044)	$	29,210	$	(1,771,444)

Reclassification adjustments: Reclassification adjustments out of accumulated other comprehensive Income are presented below for the three years ended December 31, 2025.


	Year Ended December 31,						Affected line items in the Statement of Operations
Component Line Item	2025		2024		2023
Unrealized investment (gains) losses on available for sale assets:
Realized (gains) losses	$	23,348	$	14,843	$	84,416	Realized (gains) losses
Amortization of (discount) premium	(8,634)		(11,079)		(4,178)		Net investment income
Total before tax	14,714		3,764		80,238
Tax	(3,090)		(790)		(16,850)		Income taxes
Total after-tax	11,624		2,974		63,388
Pension adjustments:
Amortization of prior service cost	1,168		1,071		1,075		Other operating expense
Amortization of actuarial (gain) loss	(915)		(597)		(1,465)		Other operating expense
Total before tax	253		474		(390)
Tax	(52)		(100)		82		Income taxes
Total after-tax	201		374		(308)
Total reclassification (after-tax)	$	11,825	$	3,348	$	63,080