POLICY LIABILITIES (Tables)

6 Months Ended

Jun. 30, 2022

Insurance Loss Reserves [Abstract]

Schedule of Liability for Unpaid Claims Adjustment Expense

Changes in the liability for unpaid policy claims were as follows:

	Three Months Ended June 30,					Six Months Ended June 30,
(In millions)		2022		2021			2022		2021
Unpaid supplemental health claims, beginning of period		$	4,009	$	4,192		$	4,067	$	4,389
Less reinsurance recoverables		40		37			37		39
Net balance, beginning of period		3,969		4,155			4,030		4,350
Add claims incurred during the period related to:
Current year		1,583		1,710			3,322		3,570
Prior years		(155)		(198)			(365)		(518)
Total incurred		1,428		1,512			2,957		3,052
Less claims paid during the period on claims incurred during:
Current year		1,042		1,139			1,532		1,657
Prior years		398		407			1,363		1,461
Total paid		1,440		1,546			2,895		3,118
Effect of foreign exchange rate changes on unpaid claims		(216)		4			(351)		(159)
Net balance, end of period		3,741		4,125			3,741		4,125
Add reinsurance recoverables		38		37			38		37
Unpaid supplemental health claims, end of period		3,779		4,162			3,779		4,162
Unpaid life claims, end of period		674		759			674		759
Total liability for unpaid policy claims		$	4,453	$	4,921		$	4,453	$	4,921