Shareholders' Equity (Tables)

6 Months Ended

Jun. 30, 2022

The tables below present the changes in AOCI by component for the three and six months ended June 30, 2021 and 2022:


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








Balance, April 1, 2021	$	—	$	1,002	$	(19)	$	(869)	$	(80)	$	34
Other comprehensive income (loss) before reclassifications, after tax of $0, $(82), $(1), $0 and $0	1		323		8		(2)		11		341
Reclassification of (gains) losses from accumulated other comprehensive income, after tax of $0, $7, $(1), $(3) and $0	(1)		(23)				9				(15)
Other comprehensive income	—		300		8		7		11		326
Amounts attributable to noncontrolling interests			(31)				(1)		(1)		(33)

Balance, June 30, 2021	$	—	$	1,271	$	(11)	$	(863)	$	(70)	$	327

Balance, April 1, 2022	$	(6)	$	(513)	$	12	$	(630)	$	(114)	$	(1,251)
Other comprehensive income (loss) before reclassifications, after tax of $(1), $359, $5, $2 and $0	(1)		(1,360)		6		(2)		(68)		(1,425)
Reclassification of (gains) losses from accumulated other comprehensive loss, after tax of $1, $(3), $2, $(1) and $0	(1)		14				7				20
Other comprehensive income (loss)	(2)		(1,346)		6		5		(68)		(1,405)
Amounts attributable to noncontrolling interests	1		138						7		146
Balance, June 30, 2022	$	(7)	$	(1,721)	$	18	$	(625)	$	(175)	$	(2,510)


	Net Unrealized Gains (Losses) on Investments with an Allowance for Credit Losses		Net Unrealized Gains (Losses) on Other 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, 2021	$	—	$	1,563	$	(23)	$	(877)	$	(82)	$	581
Other comprehensive income (loss) before reclassifications, after tax of $1, $72, $(3), $0 and $0	(2)		(270)		11		(2)		14		(249)
Reclassification of (gains) losses from accumulated other comprehensive income, after tax of $(1), $15, $(2), $(5) and $0	2		(57)		1		18				(36)
Other comprehensive income (loss)	—		(327)		12		16		14		(285)
Amounts attributable to noncontrolling interests			35				(2)		(2)		31

Balance, June 30, 2021	$	—	$	1,271	$	(11)	$	(863)	$	(70)	$	327

Balance, January 1, 2022	$	(2)	$	930	$	(6)	$	(636)	$	(100)	$	186
Other comprehensive income (loss) before reclassifications, after tax of $0, $784, $3, $0 and $0	(5)		(2,972)		21				(83)		(3,039)
Reclassification of (gains) losses from accumulated other comprehensive loss, after tax of $1, $(4), $1, $(3) and $0	(1)		15		3		12				29
Other comprehensive income (loss)	(6)		(2,957)		24		12		(83)		(3,010)
Amounts attributable to noncontrolling interests	1		306				(1)		8		314
Balance, June 30, 2022	$	(7)	$	(1,721)	$	18	$	(625)	$	(175)	$	(2,510)

Amounts reclassified from AOCI shown above are reported in Net income (loss) as follows:


Major Category of AOCI			Affected Line Item

Net unrealized gains (losses) on investments with an allowance for credit losses and Net unrealized gains (losses) on other investments			Investment gains (losses)
Unrealized gains (losses) on cash flow hedges			Operating revenues and other, Interest expense and Operating expenses and other
Pension and postretirement benefits			Operating expenses and other