XML 54 R41.htm IDEA: XBRL DOCUMENT v3.8.0.1
Shareholders' Equity And Dividend Restrictions (Tables)
 12 Months Ended
Dec. 31, 2017
Shareholders Equity And Dividend Restrictions [Abstract]  
Change In AOCI Includes Changes In Unrealized Gains And Losses On Investments And Pension Obligations
The changes from the beginning of year to the end of year are the result of changes to other comprehensive income or loss (OCI).

Additionally, as a result of the early adoption of ASU 2018-02, Income Statement—Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income, included in the table below is the reclassification of $492 million which increased AOCI and decreased retained earnings. See Note 1, Summary of Significant Accounting Policies for further explanation of this ASU.

 (Dollars in millions)
 
2017
 
 
2016
 
 
2015
 
 
Before
tax
 
Income
tax
 
Net
 
 
Before
tax
 
Income
tax
 
Net
 
 
Before
tax
 
Income
tax
 
Net
Investments:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
AOCI, January 1
 
$
2,625

 
$
908

 
$
1,717

 
 
$
2,094

 
$
722

 
$
1,372

 
 
$
2,719

 
$
942

 
$
1,777

OCI before realized gains recognized in net income
 
1,054

 
366

 
688

 
 
653

 
229

 
424

 
 
(556
)
 
(196
)
 
(360
)
Realized gains recognized in net income
 
(139
)
 
(49
)
 
(90
)
 
 
(122
)
 
(43
)
 
(79
)
 
 
(69
)
 
(24
)
 
(45
)
OCI
 
915

 
317

 
598

 
 
531

 
186

 
345

 
 
(625
)
 
(220
)
 
(405
)
Adjustment to reclassify certain tax effects from AOCI
 
—

 
(492
)
 
492

 
 
—

 
—

 
—

 
 
—

 
—

 
—

AOCI, December 31
 
$
3,540

 
$
733

 
$
2,807

 
 
$
2,625

 
$
908

 
$
1,717

 
 
$
2,094

 
$
722

 
$
1,372

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pension obligations:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
AOCI, January 1
 
$
(26
)
 
$
(8
)
 
$
(18
)
 
 
$
(42
)
 
$
(14
)
 
$
(28
)
 
 
$
(36
)
 
$
(12
)
 
$
(24
)
OCI excluding amortization recognized in net income
 
12

 
6

 
6

 
 
13

 
5

 
8

 
 
(12
)
 
(5
)
 
(7
)
Amortization recognized in net income
 
2

 
1

 
1

 
 
3

 
1

 
2

 
 
6

 
3

 
3

OCI
 
14

 
7

 
7

 
 
16

 
6

 
10

 
 
(6
)
 
(2
)
 
(4
)
AOCI, December 31
 
$
(12
)
 
$
(1
)
 
$
(11
)
 
 
$
(26
)
 
$
(8
)
 
$
(18
)
 
 
$
(42
)
 
$
(14
)
 
$
(28
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Life deferred acquisition costs, life policy reserves and other:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
AOCI, January 1
 
$
(9
)
 
$
(3
)
 
$
(6
)
 
 
$
1

 
$
1

 
$
—

 
 
$
(12
)
 
$
(3
)
 
$
(9
)
OCI before realized gains recognized in net income
 
8

 
5

 
3

 
 
(8
)
 
(3
)
 
(5
)
 
 
14

 
5

 
9

Realized gains recognized in net income
 
(9
)
 
(4
)
 
(5
)
 
 
(2
)
 
(1
)
 
(1
)
 
 
(1
)
 
(1
)
 
—

OCI
 
(1
)
 
1

 
(2
)
 
 
(10
)
 
(4
)
 
(6
)
 
 
13

 
4

 
9

AOCI, December 31
 
$
(10
)
 
$
(2
)
 
$
(8
)
 
 
$
(9
)
 
$
(3
)
 
$
(6
)
 
 
$
1

 
$
1

 
$
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Summary of AOCI:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
AOCI, January 1
 
$
2,590

 
$
897

 
$
1,693

 
 
$
2,053

 
$
709

 
$
1,344

 
 
$
2,671

 
$
927

 
$
1,744

Investments OCI
 
915

 
317

 
598

 
 
531

 
186

 
345

 
 
(625
)
 
(220
)
 
(405
)
Pension obligations OCI
 
14

 
7

 
7

 
 
16

 
6

 
10

 
 
(6
)
 
(2
)
 
(4
)
Life deferred acquisition costs, life policy reserves and other OCI
 
(1
)
 
1

 
(2
)
 
 
(10
)
 
(4
)
 
(6
)
 
 
13

 
4

 
9

Total OCI
 
928

 
325

 
603

 
 
537

 
188

 
349

 
 
(618
)
 
(218
)
 
(400
)
Adjustment to reclassify certain tax effects from AOCI
 
—

 
(492
)
 
492

 
 
—

 
—

 
—

 
 
—

 
—

 
—

AOCI, December 31
 
$
3,518

 
$
730

 
$
2,788

 
 
$
2,590

 
$
897

 
$
1,693

 
 
$
2,053

 
$
709

 
$
1,344