XML 53 R41.htm IDEA: XBRL DOCUMENT v3.10.0.1
Shareholders' Equity And Dividend Restrictions (Tables)
 12 Months Ended
Dec. 31, 2018
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).

 (Dollars in millions)
 
2018
 
 
2017
 
 
2016
 
 
Before
tax
 
Income
tax
 
Net
 
 
Before
tax
 
Income
tax
 
Net
 
 
Before
tax
 
Income
tax
 
Net
Investments:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
AOCI, January 1
 
$
3,540

 
$
733

 
$
2,807

 
 
$
2,625

 
$
908

 
$
1,717

 
 
$
2,094

 
$
722

 
$
1,372

Cumulative effect of change in accounting for equity securities as of January 1, 2018
 
(3,155
)
 
(652
)
 
(2,503
)
 
 
—

 
—

 
—

 
 
—

 
—

 
—

Adjusted AOCI, beginning of period
 
385

 
81

 
304

 
 
2,625

 
908

 
1,717

 
 
2,094

 
722

 
1,372

OCI before investment gains and losses, net, recognized in net income
 
(334
)
 
(71
)
 
(263
)
 
 
1,054

 
366

 
688

 
 
653

 
229

 
424

Investment gains and losses, net, recognized in net income

 
(5
)
 
(1
)
 
(4
)
 
 
(139
)
 
(49
)
 
(90
)
 
 
(122
)
 
(43
)
 
(79
)
OCI
 
(339
)
 
(72
)
 
(267
)
 
 
915

 
317

 
598

 
 
531

 
186

 
345

Adjustment to reclassify certain tax effects from AOCI
 
—

 
—

 
—

 
 
—

 
(492
)
 
492

 
 
—

 
—

 
—

AOCI, December 31
 
$
46

 
$
9

 
$
37

 
 
$
3,540

 
$
733

 
$
2,807

 
 
$
2,625

 
$
908

 
$
1,717

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pension obligations:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
AOCI, January 1
 
$
(12
)
 
$
(1
)
 
$
(11
)
 
 
$
(26
)
 
$
(8
)
 
$
(18
)
 
 
$
(42
)
 
$
(14
)
 
$
(28
)
OCI excluding amortization recognized in net income
 
(5
)
 
(1
)
 
(4
)
 
 
12

 
6

 
6

 
 
13

 
5

 
8

Amortization recognized in net income
 
1

 
—

 
1

 
 
2

 
1

 
1

 
 
3

 
1

 
2

OCI
 
(4
)
 
(1
)
 
(3
)
 
 
14

 
7

 
7

 
 
16

 
6

 
10

AOCI, December 31
 
$
(16
)
 
$
(2
)
 
$
(14
)
 
 
$
(12
)
 
$
(1
)
 
$
(11
)
 
 
$
(26
)
 
$
(8
)
 
$
(18
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Life deferred acquisition costs, life policy reserves and other:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
AOCI, January 1
 
$
(10
)
 
$
(2
)
 
$
(8
)
 
 
$
(9
)
 
$
(3
)
 
$
(6
)
 
 
$
1

 
$
1

 
$
—

OCI before investment gains and losses, net, recognized in net income

 
(3
)
 
(1
)
 
(2
)
 
 
8

 
5

 
3

 
 
(8
)
 
(3
)
 
(5
)
Investment gains and losses, net, recognized in net income
 
12

 
3

 
9

 
 
(9
)
 
(4
)
 
(5
)
 
 
(2
)
 
(1
)
 
(1
)
OCI
 
9

 
2

 
7

 
 
(1
)
 
1

 
(2
)
 
 
(10
)
 
(4
)
 
(6
)
AOCI, December 31
 
$
(1
)
 
$
—

 
$
(1
)
 
 
$
(10
)
 
$
(2
)
 
$
(8
)
 
 
$
(9
)
 
$
(3
)
 
$
(6
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Summary of AOCI:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
AOCI, January 1
 
$
3,518

 
$
730

 
$
2,788

 
 
$
2,590

 
$
897

 
$
1,693

 
 
$
2,053

 
$
709

 
$
1,344

Cumulative effect of change in accounting for equity securities as of January 1, 2018
 
(3,155
)
 
(652
)
 
(2,503
)
 
 
—

 
—

 
—

 
 
—

 
—

 
—

Adjusted AOCI, beginning of period
 
363

 
78

 
285

 
 
2,590

 
897

 
1,693

 
 
2,053

 
709

 
1,344

Investments OCI
 
(339
)
 
(72
)
 
(267
)
 
 
915

 
317

 
598

 
 
531

 
186

 
345

Pension obligations OCI
 
(4
)
 
(1
)
 
(3
)
 
 
14

 
7

 
7

 
 
16

 
6

 
10

Life deferred acquisition costs, life policy reserves and other OCI
 
9

 
2

 
7

 
 
(1
)
 
1

 
(2
)
 
 
(10
)
 
(4
)
 
(6
)
Total OCI
 
(334
)
 
(71
)
 
(263
)
 
 
928

 
325

 
603

 
 
537

 
188

 
349

Adjustment to reclassify certain tax effects from AOCI
 
—

 
—

 
—

 
 
—

 
(492
)
 
492

 
 
—

 
—

 
—

AOCI, December 31
 
$
29

 
$
7

 
$
22

 
 
$
3,518

 
$
730

 
$
2,788

 
 
$
2,590

 
$
897

 
$
1,693