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Other Comprehensive (Loss) Income
 3 Months Ended
Mar. 31, 2019
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Other Comprehensive (Loss) Income
Other Comprehensive Income

Shareholders’ equity included the following activity in accumulated other comprehensive income for the three months ended March 31, 2019 and 2018:
 
Three Months Ended
March 31,
In millions
2019
 
2018
Net unrealized investment gains (losses):
 
 
 
Beginning of period balance
$
97

 
$
—

Other comprehensive income before reclassifications ($410 and $0 pretax)
348

 
—

Amounts reclassified from accumulated other comprehensive income ($(19) and $0 pretax) (1)
(14
)
 
—

Other comprehensive income
334

 
—

End of period balance
431

 
—

 
 
 
 
Foreign currency translation adjustments:
 
 
 
Beginning of period balance
(158
)
 
(129
)
Other comprehensive income
1

 
1

Other comprehensive income
1

 
1

End of period balance
(157
)
 
(128
)
 
 
 
 
Net cash flow hedges:
 
 
 
Beginning of period balance
312

 
(15
)
Adoption of new accounting standard (2)
—

 
(3
)
Other comprehensive income before reclassifications ($0 and $464 pretax)
—

 
344

Amounts reclassified from accumulated other comprehensive income (loss) ($(5) and $(1) pretax) (3)
(4
)
 
(1
)
Other comprehensive income (loss)
(4
)
 
343

End of period balance
308

 
325

 
 
 
 
Pension and OPEB plans:
 
 
 
Beginning of period balance
(149
)
 
(21
)
Adoption of new accounting standard (2)
—

 
(4
)
Other comprehensive income
—

 
—

End of period balance
(149
)
 
(25
)
 
 
 
 
Total beginning of period accumulated other comprehensive income (loss)
102

 
(165
)
Adoption of new accounting standard (2)
—

 
(7
)
Total other comprehensive income
331

 
344

Total end of period accumulated other comprehensive income
$
433

 
$
172

 
 
 
 
_____________________________________________ 
(1)
Amounts reclassified from accumulated other comprehensive income for specifically identified debt securities are included in net investment income within the unaudited condensed consolidated statements of operations.
(2)
Reflects the adoption of ASU 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income during the first quarter of 2018.
(3)
Amounts reclassified from accumulated other comprehensive loss for specifically identified cash flow hedges are included within interest expense in the unaudited condensed consolidated statements of operations. The Company expects to reclassify approximately $18 million, net of tax, in gains associated with its cash flow hedges into net income within the next 12 months.