Supplemental Information about Changes to Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2020

Supplemental Information about Changes to Accumulated Other Comprehensive Income

Note 3—Supplemental Information about Changes to Accumulated Other Comprehensive Income

Components of Accumulated Other Comprehensive Income: An analysis of the change in balance by component of Accumulated Other Comprehensive Income is as follows for each of the years 2018 through 2020:


	Available for Sale Assets		Deferred Acquisition Costs		Foreign Exchange		Pension Adjustments		Total
For the year ended December 31, 2018:
Balance at January 1, 2018	$	1,569,289	$	(8,547)	$	16,302	$	(152,770)	$	1,424,274
Other comprehensive income (loss) before reclassifications, net of tax	(1,132,202)		4,384		(9,807)		22,290		(1,115,335)
Reclassifications, net of tax	(1,389)		—		—		11,925		10,536
Other comprehensive income (loss)	(1,133,591)		4,384		(9,807)		34,215		(1,104,799)
Balance at December 31, 2018	435,698		(4,163)		6,495		(118,555)		319,475

For the year ended December 31, 2019:
Other comprehensive income (loss) before reclassifications, net of tax	1,557,883		(1,753)		5,563		(32,102)		1,529,591
Reclassifications, net of tax	(10,931)		—		—		6,695		(4,236)
Other comprehensive income (loss)	1,546,952		(1,753)		5,563		(25,407)		1,525,355
Balance at December 31, 2019	1,982,650		(5,916)		12,058		(143,962)		1,844,830

For the year ended December 31, 2020:
Other comprehensive income (loss) before reclassifications, net of tax	1,167,003		1,212		11,244		(34,103)		1,145,356
Reclassifications, net of tax	25,919		—		—		13,139		39,058
Other comprehensive income (loss)	1,192,922		1,212		11,244		(20,964)		1,184,414
Balance at December 31, 2020	$	3,175,572	$	(4,704)	$	23,302	$	(164,926)	$	3,029,244

Reclassification adjustments: Reclassification adjustments out of Accumulated Other Comprehensive Income are presented below for the three years ended December 31, 2020.


	Year Ended December 31,						Affected line items in the Statement of Operations
Component Line Item	2020		2019		2018
Unrealized investment (gains) losses on available for sale assets:
Realized (gains) losses	$	26,345	$	(19,352)	$	(5,715)	Realized (gains) losses
Amortization of (discount) premium	6,464		5,515		3,957		Net investment income
Total before tax	32,809		(13,837)		(1,758)
Tax	(6,890)		2,906		369		Income tax benefit (expense)
Total after-tax	25,919		(10,931)		(1,389)
Pension adjustments:
Amortization of prior service cost	632		631		535		Other operating expense
Amortization of actuarial (gain) loss	16,000		7,843		14,560		Other operating expense
Total before tax	16,632		8,474		15,095
Tax	(3,493)		(1,779)		(3,170)		Income tax benefit (expense)
Total after-tax	13,139		6,695		11,925
Total reclassification (after-tax)	$	39,058	$	(4,236)	$	10,536