Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2023

The tables below present the changes in AOCI by component for the years ended December 31, 2021, 2022 and 2023:


	Net Unrealized Gains (Losses) on Investments with an Allowance for Credit Losses		Net Unrealized Gains (Losses) on Other Investments		Cumulative impact of changes in discount rates used to measure long duration contracts		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, as reported	$	—	$	1,563	$	—	$	(23)	$	(877)	$	(82)	$	581
Cumulative effect adjustments from changes in accounting standards (Note 1), after tax of $0, $(691), $1,313, $0, $0 and $0			2,331		(4,428)								(2,097)
Balance, January 1, 2021, as adjusted	—		3,894		(4,428)		(23)		(877)		(82)		(1,516)
Other comprehensive income (loss) before reclassifications, after tax of $2, $242, $(250), $(2), $(59) and $0	(7)		(906)		941		13		220		(20)		241
Reclassification of (gains) losses from accumulated other comprehensive loss, after tax of $(1), $21, $0, $(1), $(12) and $0	5		(81)				4		46				(26)
Other comprehensive income (loss)	(2)		(987)		941		17		266		(20)		215
Amounts attributable to noncontrolling interests			102		(98)				(25)		2		(19)
Balance, December 31, 2021	$	(2)	$	3,009	$	(3,585)	$	(6)	$	(636)	$	(100)	$	(1,320)




Other comprehensive income (loss) before reclassifications, after tax of $0, $1,643, $(1,052), $(7), $1 and $0			(6,223)		3,959		20		(3)		(111)		(2,358)
Reclassification of (gains) losses from accumulated other comprehensive loss, after tax of $1, $(21), $0, $0, $(5) and $0	(5)		126						18				139
Other comprehensive income (loss)	(5)		(6,097)		3,959		20		15		(111)		(2,219)
Amounts attributable to noncontrolling interests			619		(410)				(1)		11		219
Balance, December 31, 2022	$	(7)	$	(2,469)	$	(36)	$	14	$	(622)	$	(200)	$	(3,320)


Other comprehensive income (loss) before reclassifications, after tax of $6, $(290), $85, $2, $(10) and $0	(24)		1,072		(318)		(5)		41		60		826
Reclassification of losses from accumulated other comprehensive loss, after tax of $(5), $(14), $0, $0, $(18) and $0	19		53						63				135
Other comprehensive income (loss)	(5)		1,125		(318)		(5)		104		60		961
Amounts attributable to noncontrolling interests			(93)		26				(5)		(5)		(77)
Purchase of CNA shares			(46)		(1)				(10)		(4)		(61)
Balance, December 31, 2023	$	(12)	$	(1,483)	$	(329)	$	9	$	(533)	$	(149)	$	(2,497)

Schedule of Amount Reclassification From AOCI

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