Schedule of Components of Accumulated Other Comprehensive Income (Loss) |
The tables below present the changes in Accumulated other comprehensive income (loss) (“AOCI”) by component for the three and nine months ended September 30, 2023 and 2024:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net Unrealized Gains (Losses) on Investments with an Allowance for Credit Losses | | Net Unrealized Gains (Losses) on Other Investments | | Cumulative impact of changes in discount rates used to measure long duration contracts | | 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, 2023 | $ | (16) | | | $ | (2,238) | | | $ | (163) | | | $ | 20 | | | $ | (609) | | | $ | (154) | | | $ | (3,160) | | Other comprehensive income (loss) before reclassifications, after tax of $3, $295, $(217), $(2), $0 and $0 | (9) | | | (1,105) | | | 818 | | | (1) | | | | | (55) | | | (352) | | Reclassification of losses from accumulated other comprehensive loss, after tax of $(2), $(6), $0, $0, $(11) and $0 | 8 | | | 21 | | | | | | | 40 | | | | | 69 | | Other comprehensive income (loss) | (1) | | | (1,084) | | | 818 | | | (1) | | | 40 | | | (55) | | | (283) | | Amounts attributable to noncontrolling interests | 1 | | | 95 | | | (69) | | | | | (1) | | | 5 | | | 31 | | Purchase of CNA shares | | | (46) | | | (1) | | | | | (10) | | | (4) | | | (61) | | Balance, September 30, 2023 | $ | (16) | | | $ | (3,273) | | | $ | 585 | | | $ | 19 | | | $ | (580) | | | $ | (208) | | | $ | (3,473) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance, July 1, 2024 | $ | (10) | | | $ | (1,903) | | | $ | 234 | | | $ | 10 | | | $ | (525) | | | $ | (189) | | | $ | (2,383) | | Other comprehensive income (loss) before reclassifications, after tax of $3, $(337), $165, $3, $0 and $0 | (9) | | | 1,253 | | | (623) | | | (7) | | | 1 | | | 64 | | | 679 | | Reclassification of losses from accumulated other comprehensive loss, after tax of $(2), $(3), $0, $0, $(3) and $0 | 6 | | | 11 | | | | | | | | | 8 | | | | | | 25 | | Other comprehensive income (loss) | (3) | | | 1,264 | | | (623) | | | (7) | | | 9 | | | 64 | | | 704 | | Amounts attributable to noncontrolling interests | | | | (105) | | | 52 | | | | | | (1) | | | (5) | | | (59) | | | | | | | | | | | | | | | | Balance, September 30, 2024 | $ | (13) | | | $ | (744) | | | $ | (337) | | | $ | 3 | | | $ | (517) | | | $ | (130) | | | $ | (1,738) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net Unrealized Gains (Losses) on Investments with an Allowance for Credit Losses | | Net Unrealized Gains (Losses) on Other Investments | | Cumulative impact of changes in discount rates used to measure long duration contracts | | 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, 2023, as reported | $ | (7) | | | $ | (2,469) | | | $ | — | | | $ | 14 | | | $ | (622) | | | $ | (200) | | | $ | (3,284) | | Cumulative effect adjustments from changes in accounting standards, after tax of $0, $0, $11, $0, $0 and $0 | | | | | (36) | | | | | | | | | (36) | | Balance, January 1, 2023, as adjusted | (7) | | | (2,469) | | | (36) | | | 14 | | | (622) | | | (200) | | | (3,320) | | Other comprehensive income (loss) before reclassifications, after tax of $7, $235, $(180), $(1), $0 and $0 | (25) | | | (880) | | | 678 | | | 5 | | | | | (4) | | | (226) | | Reclassification of losses from accumulated other comprehensive loss, after tax of $(4), $(14), $0, $0, $(15) and $0 | 15 | | | 53 | | | | | | | 55 | | | | | 123 | | Other comprehensive income (loss) | (10) | | | (827) | | | 678 | | | 5 | | | 55 | | | (4) | | | (103) | | Amounts attributable to noncontrolling interests | 1 | | | 69 | | | (56) | | | | | (3) | | | | | 11 | | Purchase of CNA shares | | | (46) | | | (1) | | | | | (10) | | | (4) | | | (61) | | Balance, September 30, 2023 | $ | (16) | | | $ | (3,273) | | | $ | 585 | | | $ | 19 | | | $ | (580) | | | $ | (208) | | | $ | (3,473) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance, January 1, 2024 | $ | (12) | | | $ | (1,483) | | | $ | (329) | | | $ | 9 | | | $ | (533) | | | $ | (149) | | | $ | (2,497) | | Other comprehensive income (loss) before reclassifications, after tax of $4, $(206), $2, $3, $0 and $0 | (14) | | | 764 | | | (9) | | | (6) | | | 1 | | | 21 | | | 757 | | Reclassification of losses from accumulated other comprehensive loss, after tax of $(4), $(10), $0, $0, $(5) and $0 | 13 | | | 39 | | | | | | | | | 20 | | | | | | 72 | | Other comprehensive income (loss) | (1) | | | 803 | | | (9) | | | (6) | | | 21 | | | 21 | | | 829 | | Amounts attributable to noncontrolling interests | | | | (67) | | | 1 | | | | | | (2) | | | (2) | | | (70) | | Other | | | | 3 | | | | | | | | | (3) | | | | | | — | | Balance, September 30, 2024 | $ | (13) | | | $ | (744) | | | $ | (337) | | | $ | 3 | | | $ | (517) | | | $ | (130) | | | $ | (1,738) | |
|