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Other Comprehensive Income (Tables)
 12 Months Ended
Dec. 31, 2019
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)

Shareholders’ equity included the following activity in accumulated other comprehensive income (loss) in 2019, 2018 and 2017:
 
At December 31,
In millions
2019
 
2018
 
2017
Net unrealized investment gains:
 
 
 
 
 
Beginning of year balance
$
97

 
$
—

 
$
—

Other comprehensive income before reclassifications ($927, $132 and $0 pretax)
763

 
97

 
—

Amounts reclassified from accumulated other comprehensive income ($(105), $1 and $0 pretax) (1)
(86
)
 
—

 
—

Other comprehensive income
677

 
97

 
—

End of year balance
774

 
97

 
—

 
 
 
 
 
 
Foreign currency translation adjustments:
 
 
 
 
 
Beginning of year balance
(158
)
 
(129
)
 
(127
)
Other comprehensive income (loss) before reclassifications
8

 
(29
)
 
(2
)
Amounts reclassified from accumulated other comprehensive loss (2)
154

 
—

 
—

Other comprehensive income (loss)
162

 
(29
)
 
(2
)
End of year balance
4

 
(158
)
 
(129
)
 
 
 
 
 
 
Net cash flow hedges:
 
 
 
 
 
Beginning of year balance
312

 
(15
)
 
(5
)
Adoption of new accounting standard (3)
—

 
(3
)
 
—

Other comprehensive income (loss) before reclassifications ($(25), $465 and $(18) pretax)
(18
)
 
344

 
(11
)
Amounts reclassified from accumulated other comprehensive income (loss) ($(20), $(19) and $2 pretax) (4)
(15
)
 
(14
)
 
1

Other comprehensive income (loss)
(33
)
 
330

 
(10
)
End of year balance
279

 
312

 
(15
)
 
 
 
 
 
 
Pension and other postretirement benefits:
 
 
 
 
 
Beginning of year balance
(149
)
 
(21
)
 
(173
)
Adoption of new accounting standard (3)
—

 
(4
)
 
—

Other comprehensive income (loss) before reclassifications ($162, $(178) and $0 pretax)
120

 
(132
)
 
—

Amounts reclassified from accumulated other comprehensive loss ($(12), $11 and $249 pretax) (5)
(9
)
 
8

 
152

Other comprehensive income (loss)
111

 
(124
)
 
152

End of year balance
(38
)
 
(149
)
 
(21
)
 
 
 
 
 
 
Total beginning of year accumulated other comprehensive income (loss)
102

 
(165
)
 
(305
)
Adoption of new accounting standard (3)
—

 
(7
)
 
—

Total other comprehensive income
917

 
274

 
140

Total end of year accumulated other comprehensive income (loss)
$
1,019

 
$
102

 
$
(165
)
_____________________________________________ 
(1)
Amounts reclassified from accumulated other comprehensive income for specifically identified debt securities are included in net investment income in the consolidated statements of operations.
(2)
Amounts reclassified from accumulated other comprehensive loss represent the elimination of the cumulative translation adjustment associated with the sale of Onofre, which was sold on July 1, 2019. The loss on the divestiture of Onofre is reflected in operating expenses in the consolidated statements of operations.
(3)
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 year ended December 31, 2018.
(4)
Amounts reclassified from accumulated other comprehensive income (loss) for specifically identified cash flow hedges are included within interest expense in the consolidated statements of operations. The Company expects to reclassify approximately $14 million, net of tax, in net gains associated with its cash flow hedges into net income within the next 12 months.
(5)
Amounts reclassified from accumulated other comprehensive loss for specifically identified pension and other postretirement benefits are included in other expense (income) in the consolidated statements of operations.