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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2020
Shareholders' Equity [Abstract]  
Components of Accumulated Other Comprehensive Income

The tables below present the changes in AOCI by component for the years ended December 31, 2018, 2019 and 2020:

 
Net Unrealized
                           
Total
 
   
Gains (Losses)
   
Net Other
   
Unrealized
               
Accumulated
 
   
on Investments
   
Unrealized
   
Gains (Losses)
   
Pension and
   
Foreign
   
Other
 
   
with OTTI
   
Gains (Losses)
   
on Cash Flow
   
Postretirement
   
Currency
   
Comprehensive
 
   
Losses
   
on Investments
   
Hedges
   
Benefits
   
Translation
   
Income (Loss)
 
(In millions)
                                   
                                     
Balance, January 1, 2018, as reported
 
$
22
   
$
673
   
$
-
   
$
(633
)
 
$
(88
)
 
$
(26
)
Cumulative effect adjustment from changes in accounting standards, after tax of $0, $8, $0, $0 and $0
   
4
     
98
             
(130
)
           
(28
)
Balance, January 1, 2018, as adjusted
   
26
     
771
     
-
     
(763
)
   
(88
)
   
(54
)
Other comprehensive income (loss) before reclassifications, after tax of $2, $213, $(2), $9 and $0
   
(7
)
   
(801
)
   
4
     
(34
)
   
(84
)
   
(922
)
Reclassification of (gains) losses from accumulated other comprehensive loss, after tax of $2, $(2), $0, $(6) and $0
   
(7
)
   
3
     
2
     
32
             
30
 
Other comprehensive income (loss)
   
(14
)
   
(798
)
   
6
     
(2
)
   
(84
)
   
(892
)
Amounts attributable to noncontrolling interests
   
2
     
84
                     
9
     
95
 
Purchase of Boardwalk Pipelines common units
                   
(1
)
   
(28
)
           
(29
)
Balance, December 31, 2018
   
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
 

(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.