Components of other comprehensive income (loss) on a pre-tax and after-tax basis

For the years ended December 31,

2024

2023

2022

($ in millions)

Pre-tax

Tax

After-tax

Pre-tax

Tax

After-tax

Pre-tax

Tax

After-tax

Unrealized net holding gains and losses arising during the period, net of related offsets

$

(495)

$

97

$

(398)

$

1,547

$

(322)

$

1,225

$

(4,472)

$

949

$

(3,523)

Less: reclassification adjustment of realized capital gains and losses

(293)

62

(231)

(539)

113

(426)

(848)

178

(670)

Unrealized net capital gains and losses

(202)

35

(167)

2,086

(435)

1,651

(3,624)

771

(2,853)

Unrealized foreign currency translation adjustments

(59)

12

(47)

85

(18)

67

(190)

40

(150)

Unamortized pension and other postretirement prior service credit (1)

(3)

1

(2)

(20)

4

(16)

(54)

11

(43)

Discount rate for reserve for future policy benefits

34

(7)

27

(13)

3

(10)

289

(61)

228

Other comprehensive (loss) income

$

(230)

$

41

$

(189)

$

2,138

$

(446)

$

1,692

$

(3,579)

$

761

$

(2,818)