XML 63 R45.htm IDEA: XBRL DOCUMENT v3.25.4
Other Comprehensive Income (Tables)
12 Months Ended
Dec. 31, 2025
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
Shareholders’ equity included the following activity in accumulated other comprehensive income (loss) in 2025, 2024 and 2023:
At December 31,
In millions202520242023
Net unrealized investment gains (losses):
Beginning of year balance$(399)$(429)$(1,519)
Other comprehensive income (loss) before reclassifications ($527, $(177) and $612 pretax)
514 (170)603 
Amounts reclassified from accumulated other comprehensive loss ($98, $226 and $566 pretax) (1)
91 200 487 
Other comprehensive income605 30 1,090 
End of year balance206 (399)(429)
Change in discount rate on long-duration insurance reserves:
Beginning of period balance265 152 219 
Other comprehensive income (loss) ($(64), $146, and $(92) pretax)
(50)113 (67)
Other comprehensive income (loss)(50)113 (67)
End of period balance215 265 152 
Foreign currency translation adjustments:
Beginning of year balance
(4)— — 
Other comprehensive income (loss)11 (4)— 
Other comprehensive income (loss)11 (4)— 
End of year balance
(4)— 
Net cash flow hedges:
Beginning of year balance229 244 239 
Other comprehensive income before reclassifications ($5, $0 and $25 pretax)
— 19 
Amounts reclassified from accumulated other comprehensive income ($(23), $(20) and $(19) pretax) (2)
(16)(15)(14)
Other comprehensive income (loss)(13)(15)
End of year balance216 229 244 
Pension and other postretirement benefits:
Beginning of year balance(211)(264)(203)
Other comprehensive income (loss) ($(37), $71 and $(81) pretax)
(27)53 (61)
Other comprehensive income (loss)
(27)53 (61)
End of year balance(238)(211)(264)
Total beginning of year accumulated other comprehensive loss
(120)(297)(1,264)
Total other comprehensive income526 177 967 
Total end of year accumulated other comprehensive income (loss)$406 $(120)$(297)
_______________________________________
(1)Amounts reclassified from accumulated other comprehensive loss for specifically identified debt securities are included in net investment income in the consolidated statements of operations.
(2)Amounts reclassified from accumulated other comprehensive income for specifically identified cash flow hedges are included within interest expense in the consolidated statements of operations. The Company expects to reclassify $16 million, net of tax, in net gains associated with its cash flow hedges into net income within the next 12 months.