Supplemental Information About Changes to Accumulated Other Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of Change in Balance by Component of 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 2021 through 2023:


	Available for Sale Assets		Future Policy Benefits		Foreign Exchange		Pension Adjustments		Total
For the year ended December 31, 2021:
Balance at January 1, 2021	$	3,175,572	$	(7,829,753)	$	23,302	$	(164,926)	$	(4,795,805)
Other comprehensive income (loss) before reclassifications, net of tax	(385,231)		913,843		(4,054)		44,819		569,377
Reclassifications, net of tax	(25,051)		—		—		16,431		(8,620)
Other comprehensive income (loss)	(410,282)		913,843		(4,054)		61,250		560,757
Balance at December 31, 2021	2,765,290		(6,915,910)		19,248		(103,676)		(4,235,048)

For the year ended December 31, 2022:
Other comprehensive income (loss) before reclassifications, net of tax	(4,211,540)		5,546,706		(20,929)		94,055		1,408,292
Reclassifications, net of tax	25,578		—		—		10,865		36,443
Other comprehensive income (loss)	(4,185,962)		5,546,706		(20,929)		104,920		1,444,735
Balance at December 31, 2022	(1,420,672)		(1,369,204)		(1,681)		1,244		(2,790,313)

For the year ended December 31, 2023:
Other comprehensive income (loss) before reclassifications, net of tax	529,688		(578,187)		6,400		(3,087)		(45,186)
Reclassifications, net of tax	63,388		—		—		(308)		63,080
Other comprehensive income (loss)	593,076		(578,187)		6,400		(3,395)		17,894
Balance at December 31, 2023	$	(827,596)	$	(1,947,391)	$	4,719	$	(2,151)	$	(2,772,419)

Schedule of Reclassifications Out of Accumulated Other Comprehensive Income

Reclassification adjustments: Reclassification adjustments out of Accumulated Other Comprehensive Income are presented below for the three years ended December 31, 2023.


	Year Ended December 31,						Affected line items in the Statement of Operations
Component Line Item	2023		2022		2021
Unrealized investment (gains) losses on available for sale assets:
Realized (gains) losses	$	84,416	$	32,165	$	(37,874)	Realized (gains) losses
Amortization of (discount) premium	(4,178)		212		6,164		Net investment income
Total before tax	80,238		32,377		(31,710)
Tax	(16,850)		(6,799)		6,659		Income taxes
Total after-tax	63,388		25,578		(25,051)
Pension adjustments:
Amortization of prior service cost	1,075		1,077		631		Other operating expense
Amortization of actuarial (gain) loss	(1,465)		12,677		20,166		Other operating expense
Total before tax	(390)		13,754		20,797
Tax	82		(2,889)		(4,366)		Income taxes
Total after-tax	(308)		10,865		16,431
Total reclassification (after-tax)	$	63,080	$	36,443	$	(8,620)