Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2021

Components of Accumulated Other Comprehensive Income

The tables below present the changes in AOCI by component for the years ended December 31, 2019, 2020 and 2021:


	Net Unrealized Gains (Losses) on Investments with OTTI Losses		Net Other Unrealized Gains (Losses) on Investments		Unrealized Gains (Losses) on Cash Flow Hedges		Pension and Postretirement Benefits		Foreign Currency Translation		Total Accumulated Other Comprehensive Income (Loss)
(In millions)

Balance, January 1, 2019	$	14	$	57	$	5	$	(793)	$	(163)	$	(880)
Other comprehensive income (loss) before reclassifications, after tax of $3, $(256), $5, $28 and $0	(13)		957		(11)		(102)		42		873
Reclassification of (gains) losses from accumulated other comprehensive loss, after tax of $(3), $1, $0, $(9) and $0	12		(8)				34				38
Other comprehensive income (loss)	(1)		949		(11)		(68)		42		911
Amounts attributable to noncontrolling interests			(101)				6		(4)		(99)
Balance, December 31, 2019	$	13	$	905	$	(6)	$	(855)	$	(125)	$	(68)

Balance, January 1, 2020 (a)	$	—	$	918	$	(6)	$	(855)	$	(125)	$	(68)
Other comprehensive income (loss) before reclassifications, after tax of $12, $(201), $8, $18 and $0	(43)		763		(22)		(66)		48		680
Reclassification of (gains) losses from accumulated other comprehensive loss, after tax of $(12), $12, $(2), $(11) and $0	43		(43)		5		42				47
Other comprehensive income (loss)	—		720		(17)		(24)		48		727
Amounts attributable to noncontrolling interests			(75)				2		(5)		(78)
Balance, December 31, 2020	$	—	$	1,563	$	(23)	$	(877)	$	(82)	$	581
Other comprehensive income (loss) before reclassifications, after tax of $2, $167, $(2), $(59) and $0	(7)		(625)		13		220		(20)		(419)
Reclassification of (gains) losses from accumulated other comprehensive loss, after tax of $(1), $21, $(1), $(12) and $0	5		(81)		4		46				(26)
Other comprehensive income (loss)	(2)		(706)		17		266		(20)		(445)
Amounts attributable to noncontrolling interests			73				(25)		2		50
Balance, December 31, 2021	$	(2)	$	930	$	(6)	$	(636)	$	(100)	$	186


(a)			On January 1, 2020, the Company adopted ASU 2016-13; see Note 1. The Net Unrealized Gains (Losses) on Investments with OTTI Losses column that tracked the change in unrealized gains (losses) on investments with OTTI losses has been replaced with the Net Unrealized Gains (Losses) on Investments with an Allowance for Credit Losses column. The balance as of January 1, 2020 in the Net Unrealized Gains (Losses) on Investments with OTTI Losses column is now reported in the Net Unrealized Gains (Losses) on Other Investments column. Prior period amounts were not adjusted for the adoption of this standard.