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EQUITY - Changes in AOCI (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Change in net unrealized gains (losses) on investments:        
Net unrealized gains (losses) arising during the period $ (399) $ (616) $ (861) $ 836
(Gains) losses reclassified into net income (loss) during the period 3 39 24 94
Net unrealized gains (losses) on investments (396) (577) (837) 930
Adjustments for policyholders’ liabilities, insurance liability loss recognition and other 29 31 35 33
Change in unrealized gains (losses), net of adjustments (net of deferred income tax expense (benefit) of $(91), $(310), $(206), and $7) [1] (367) (546) (802) 963
Change in LFPB discount rate and MRB credit risk, net of tax        
Market risk benefits - change in instrument-specific credit risk (net of deferred income tax expense (benefit) of $(42), $(23), $(38) and $225) (161) (88) (144) 845
Liability for future policy benefits - change in current discount rate (net of deferred income tax expense (benefit) of $15, $19, $37 and $(10) ) 58 73 141 (36)
Change in defined benefit plans:        
Reclassification to Net income (loss) of amortization of net prior service credit included in net periodic cost 0 0 1 0
Change in defined benefit plans (net of deferred income tax expense (benefit) of $0, $0, $0 and $0) 0 0 1 0
Change in accumulated other comprehensive income (loss) attributable to Equitable Financial (470) (561) (804) 1,772
Deferred income tax expense (benefit) for change in unrealized gains (losses) (91) (310) (206) 7
Deferred income tax expense (benefit) for market risk benefits - change in instrument-specific credit risk (42) (23) (38) 225
Deferred income tax expense (benefit) for liability for future policy benefits - change in current discount rate 15 19 37 (10)
Deferred income tax expense (benefit) for change in defined benefit plans 0 0 0 0
Reclassification adjustment $ (1) $ (10) $ (6) $ (25)
[1] See Note 13 of the Notes to these Consolidated Financial Statements for details of change in unrealized gains (losses), net of adjustments.