Accumulated Other Comprehensive Income (Loss) by Component (Tables)

12 Months Ended

Dec. 31, 2021

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income (Loss) by Component

The tables below display the changes in Accumulated other comprehensive income (loss) by component.

(In millions)	Net unrealized gains (losses) on investments with an allowance for credit losses		Net unrealized gains (losses) on other investments		Pension and postretirement benefits		Cumulative foreign currency translation adjustment		Total
Balance as of January 1, 2021	$	—	$	1,745	$	(848)	$	(94)	$	803
Other comprehensive income (loss) before reclassifications	(7)		(625)		207		(19)		(444)
Amounts reclassified from accumulated other comprehensive income (loss) net of tax (expense) benefit of $1, $(21), $10, $— and $(10)	(5)		81		(37)		—		39
Other comprehensive income (loss) net of tax (expense) benefit of $1, $188, $(65), $— and $124	(2)		(706)		244		(19)		(483)
Balance as of December 31, 2021	$	(2)	$	1,039	$	(604)	$	(113)	$	320

(In millions)	Net unrealized gains (losses) on investments with an allowance for credit losses		Net unrealized gains (losses) on other investments		Pension and postretirement benefits		Cumulative foreign currency translation adjustment		Total
Balance as of January 1, 2020	$	—	$	1,025	$	(833)	$	(141)	$	51
Other comprehensive income (loss) before reclassifications	(43)		763		(53)		47		714
Amounts reclassified from accumulated other comprehensive income (loss) net of tax (expense) benefit of $12, $(12), $10, $— and $10	(43)		43		(38)		—		(38)
Other comprehensive income (loss) net of tax (expense) benefit of $—, $(189), $4, $— and $(185)	—		720		(15)		47		752
Balance as of December 31, 2020	$	—	$	1,745	$	(848)	$	(94)	$	803

Reclassification out of Accumulated Other Comprehensive Income

Amounts reclassified from Accumulated other comprehensive income (loss) shown above are reported in Net income (loss) as follows:

Component of AOCI	Consolidated Statements of Operations Line Item Affected by Reclassifications
Net unrealized gains (losses) on investments with an allowance for credit losses, Net unrealized gains (losses) on investments with OTTI losses and Net unrealized gains (losses) on other investments	Net investment gains (losses)
Pension and postretirement benefits	Other operating expenses and Insurance claims and policyholders' benefits