Supplemental Information about Changes to Accumulated Other Comprehensive Income

3 Months Ended

Mar. 31, 2023

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 the three month periods ended March 31, 2023 and 2022:


	Three Months Ended March 31, 2023
	Available for Sale Assets		Future Policy Benefits		Foreign Exchange		Pension Adjustments		Total
Balance at January 1, 2023	$	(1,420,672)	$	(1,369,204)	$	(1,681)	$	1,244	$	(2,790,313)
Other comprehensive income (loss) before reclassifications, net of tax	378,162		(569,503)		(5,148)		—		(196,489)
Reclassifications, net of tax	25,746		—		—		(37)		25,709
Other comprehensive income (loss)	403,908		(569,503)		(5,148)		(37)		(170,780)
Balance at March 31, 2023	$	(1,016,764)	$	(1,938,707)	$	(6,829)	$	1,207	$	(2,961,093)


	Three Months Ended March 31, 2022
	Available for Sale Assets		Future Policy Benefits		Foreign Exchange		Pension Adjustments		Total
Balance at January 1, 2022	$	2,765,290	$	(6,915,910)	$	19,248	$	(103,676)	$	(4,235,048)
Other comprehensive income (loss) before reclassifications, net of tax	(1,811,185)		2,216,355		3,341		—		408,511
Reclassifications, net of tax	(3,184)		—		—		2,715		(469)
Other comprehensive income (loss)	(1,814,369)		2,216,355		3,341		2,715		408,042
Balance at March 31, 2022	$	950,921	$	(4,699,555)	$	22,589	$	(100,961)	$	(3,827,006)

Reclassification Adjustments: Reclassification adjustments out of Accumulated Other Comprehensive Income are presented below for the three month periods ended March 31, 2023 and 2022.



	Three Months Ended March 31,			Affected line items in the Statements of Operations
Component Line Item		2023				2022
Unrealized investment (gains) losses on available for sale assets:
Realized (gains) losses		$	33,124	$	(4,937)		Realized (gains) losses

Amortization of (discount) premium		(534)		907			Net investment income
Total before tax		32,590		(4,030)
Tax		(6,844)		846			Income taxes
Total after-tax		25,746		(3,184)
Pension adjustments:
Amortization of prior service cost		269		158			Other operating expense
Amortization of actuarial (gain) loss		(317)		3,279			Other operating expense
Total before tax		(48)		3,437
Tax		11		(722)			Income taxes
Total after-tax		(37)		2,715
Total reclassification (after-tax)		$	25,709	$	(469)