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Changes in Accumulated Other Comprehensive Income (Tables)
 6 Months Ended
Jun. 30, 2019
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Components of comprehensive income (loss), net of tax Changes in each component for the three and six months ended June 30, 2019 and 2018 were as follows:
Three Months Ended June 30, 2019 (Millions), net of tax
 
Net Unrealized
Gains (Losses) on
Debt Securities

 
Foreign Currency
Translation Adjustment Gains (Losses)

 
Net Unrealized
Pension and Other
Postretirement
Benefit Gains
(Losses)

 
Accumulated Other
Comprehensive
(Loss) Income

Balances as of March 31, 2019
 
$
9

 
$
(2,125
)
 
$
(483
)
 
$
(2,599
)
Net unrealized gains
 
26

 
—

 
—

 
26

Net translation losses on investments in foreign operations
 
—

 
(123
)
 
—

 
(123
)
Net gains related to hedges of investments in foreign operations
 
—

 
87

 
—

 
87

Pension and other postretirement benefits
 
—

 
—

 
3

 
3

Net change in accumulated other comprehensive income (loss)
 
26

 
(36
)
 
3

 
(7
)
Balances as of June 30, 2019
 
$
35

 
$
(2,161
)
 
$
(480
)
 
$
(2,606
)
Six Months Ended June 30, 2019 (Millions), net of tax
 
Net Unrealized
Gains (Losses) on
Debt Securities

 
Foreign Currency
Translation Adjustment Gains (Losses)

 
Net Unrealized
Pension and Other
Postretirement
Benefit Gains
(Losses)

 
Accumulated Other
Comprehensive
(Loss) Income

Balances as of December 31, 2018
 
$
(8
)
 
$
(2,133
)
 
$
(456
)
 
$
(2,597
)
Net unrealized gains
 
43

 
—

 
—

 
43

Net translation gains on investments in foreign operations
 
—

 
47

 
—

 
47

Net losses related to hedges of investments in foreign operations
 
—

 
(75
)
 
—

 
(75
)
Pension and other postretirement benefits
 
—

 
—

 
(24
)
 
(24
)
Net change in accumulated other comprehensive income (loss)
 
43

 
(28
)
 
(24
)
 
(9
)
Balances as of June 30, 2019
 
$
35

 
$
(2,161
)
 
$
(480
)
 
$
(2,606
)

Three Months Ended June 30, 2018 (Millions), net of tax
 
Net Unrealized
Gains (Losses) on
Debt Securities

 
Foreign Currency
Translation
Adjustment Gains (Losses)

 
Net Unrealized
Pension and Other
Postretirement
Benefit Gains (Losses)

 
Accumulated
Other
Comprehensive
(Loss) Income

Balances as of March 31, 2018
 
$
(11
)
 
$
(1,931
)
 
$
(439
)
 
$
(2,381
)
Net unrealized losses
 
(7
)
 
—

 
—

 
(7
)
Net translation losses on investments in foreign operations
 
—

 
(416
)
 
—

 
(416
)
Net gains related to hedges of investments in foreign operations
 
—

 
320

 
—

 
320

Pension and other postretirement benefits
 
—

 
—

 
1

 
1

Net change in accumulated other comprehensive (loss) income
 
(7
)
 
(96
)
 
1

 
(102
)
Balances as of June 30, 2018
 
$
(18
)
 
$
(2,027
)
 
$
(438
)
 
$
(2,483
)
Six Months Ended June 30, 2018 (Millions), net of tax
 
Net Unrealized
Gains (Losses) on
Investment Securities

 
Foreign Currency
Translation
Adjustment Gains (Losses)

 
Net Unrealized
Pension and Other
Postretirement
Benefit Gains (Losses)

 
Accumulated
Other
Comprehensive
(Loss) Income

Balances as of December 31, 2017
 
$
—

 
$
(1,961
)
 
$
(467
)
 
$
(2,428
)
Net unrealized losses
 
(20
)
 
—

 
—

 
(20
)
Net translation losses on investments in foreign operations
 
—

 
(224
)
 
—

 
(224
)
Net gains related to hedges of investments in foreign operations
 
—

 
158

 
—

 
158

Pension and other postretirement benefits
 
—

 
—

 
29

 
29

Other(a)
 
2

 
—

 
—

 
2

Net change in accumulated other comprehensive (loss) income
 
(18
)
 
(66
)
 
29

 
(55
)
Balances as of June 30, 2018
 
$
(18
)
 
$
(2,027
)
 
$
(438
)
 
$
(2,483
)

(a) Represents unrealized gains pertaining to equity securities moved from AOCI to retained earnings as of January 1, 2018, due to the prospective adoption of the financial instruments guidance effective January 1, 2018.
Accumulated Other Comprehensive Loss Income - Tax Effect
The following table shows the tax impact for the three and six months ended June 30 for the changes in each component of AOCI presented above:
 
Tax expense (benefit)
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
(Millions)
2019
 
2018
 
2019

 
2018

Net unrealized investment securities
$
9

 
$
(2
)
 
$
13

 
$
(5
)
Net translation on investments in foreign operations
1

 
(70
)
 
15

 
(68
)
Net hedges on investments in foreign operations
28

 
107

 
(22
)
 
53

Pension and other postretirement benefits
4

 
6

 
(7
)
 
9

Total tax impact
$
42

 
$
41

 
$
(1
)
 
$
(11
)