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STATEMENT OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Statement of Comprehensive Income [Abstract]        
Net earnings (loss) $ 39 $ (863) $ 7,518 $ (1,971)
Less: net earnings (loss) attributable to noncontrolling interests 4 19 (23) 47
Net earnings (loss) attributable to the Company 35 (882) 7,541 (2,018)
Other comprehensive income (loss)        
Currency translation adjustments 95 (760) 2,481 (941)
Benefit plans (173) 289 (2,492) 529
Investment securities and cash flow hedges (474) (2,695) 231 (5,693)
Long-duration insurance contracts [1] 267 3,231 (1,527) 6,913
Less: other comprehensive income (loss) attributable to noncontrolling interests (2) 6 (5) 4
Other comprehensive income (loss) attributable to the Company (284) 58 (1,301) 804
Comprehensive income (loss) (247) (799) 6,212 (1,164)
Less: comprehensive income (loss) attributable to noncontrolling interests 3 25 (28) 51
Comprehensive income (loss) attributable to the Company $ (249) $ (823) $ 6,239 $ (1,214)
[1] Represents the net after-tax change in future policy benefit reserves and related reinsurance recoverables from updating the discount rate. See Notes 1 and 13 for further information.