Shareholders' Equity (Tables)

9 Months Ended

Sep. 30, 2022

Equity [Abstract]

Components of Accumulated Other Comprehensive Income

The tables below present the changes in AOCI by component for the three and nine months ended September 30, 2021 and 2022:

	Net Unrealized Gains (Losses) on Investments with an Allowance for Credit Losses		Net Unrealized Gains (Losses) on Other Investments		Unrealized Gains (Losses) on Cash Flow Hedges		Pension and Postretirement Benefits		Foreign Currency Translation		Total Accumulated Other Comprehensive Income (Loss)
(In millions)
Balance, July 1, 2021	$	—	$	1,271	$	(11)	$	(863)	$	(70)	$	327
Other comprehensive income (loss) before reclassifications, after tax of $0, $32, $0, $0 and $0			(121)		1		3		(33)		(150)
Reclassification of (gains) losses from accumulated other comprehensive income, after tax of $0, $5, $0, $(2) and $0			(17)		1		13				(3)
Other comprehensive income (loss)	—		(138)		2		16		(33)		(153)
Amounts attributable to noncontrolling interests			14				(1)		4		17
Balance, September 30, 2021	$	—	$	1,147	$	(9)	$	(848)	$	(99)	$	191
Balance, July 1, 2022	$	(7)	$	(1,721)	$	18	$	(625)	$	(175)	$	(2,510)
Other comprehensive income (loss) before reclassifications, after tax of $1, $381, $0, $0 and $0			(1,429)		6				(106)		(1,529)
Reclassification of (gains) losses from accumulated other comprehensive loss, after tax of $0, $(11), $(1), $(2) and $0	(2)		102		(2)		6				104
Other comprehensive income (loss)	(2)		(1,327)		4		6		(106)		(1,425)
Amounts attributable to noncontrolling interests	(1)		124				(1)		10		132
Balance, September 30, 2022	$	(10)	$	(2,924)	$	22	$	(620)	$	(271)	$	(3,803)

	Net Unrealized Gains (Losses) on Investments with an Allowance for Credit Losses		Net Unrealized Gains (Losses) on Other Investments		Unrealized Gains (Losses) on Cash Flow Hedges		Pension and Postretirement Benefits		Foreign Currency Translation		Total Accumulated Other Comprehensive Income (Loss)
(In millions)
Balance, January 1, 2021	$	—	$	1,563	$	(23)	$	(877)	$	(82)	$	581
Other comprehensive income (loss) before reclassifications, after tax of $1, $104, $(3), $0 and $0	(2)		(391)		12		1		(19)		(399)
Reclassification of (gains) losses from accumulated other comprehensive income, after tax of $(1), $20, $(2), $(7) and $0	2		(74)		2		31				(39)
Other comprehensive income (loss)	—		(465)		14		32		(19)		(438)
Amounts attributable to noncontrolling interests			49				(3)		2		48
Balance, September 30, 2021	$	—	$	1,147	$	(9)	$	(848)	$	(99)	$	191
Balance, January 1, 2022	$	(2)	$	930	$	(6)	$	(636)	$	(100)	$	186
Other comprehensive income (loss) before reclassifications, after tax of $1, $1,165, $3, $0 and $0	(5)		(4,401)		27				(189)		(4,568)
Reclassification of (gains) losses from accumulated other comprehensive loss, after tax of $1, $(15), $0, $(5) and $0	(3)		117		1		18				133
Other comprehensive income (loss)	(8)		(4,284)		28		18		(189)		(4,435)
Amounts attributable to noncontrolling interests			430				(2)		18		446
Balance, September 30, 2022	$	(10)	$	(2,924)	$	22	$	(620)	$	(271)	$	(3,803)

Amounts reclassified from AOCI shown above are reported in Net income (loss) as follows:

Major Category of AOCI	Affected Line Item
Net unrealized gains (losses) on investments with an allowance for credit losses and Net unrealized gains (losses) on other investments	Investment gains (losses)
Unrealized gains (losses) on cash flow hedges	Operating revenues and other, Interest expense and Operating expenses and other
Pension and postretirement benefits	Operating expenses and other