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Other Comprehensive Income
 3 Months Ended
Mar. 31, 2020
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Other Comprehensive Income
Other Comprehensive Income

Shareholders’ equity included the following activity in accumulated other comprehensive income for the three months ended March 31, 2020 and 2019:
 
Three Months Ended
March 31,
In millions
2020
 
2019
Net unrealized investment gains (losses):
 
 
 
Beginning of period balance
$
774

 
$
97

Other comprehensive income (loss) before reclassifications ($(486) and $410 pretax)
(394
)
 
348

Amounts reclassified from accumulated other comprehensive income ($101 and $(19) pretax) (1)
83

 
(14
)
Other comprehensive income (loss)
(311
)
 
334

End of period balance
463

 
431

 
 
 
 
Foreign currency translation adjustments:
 
 
 
Beginning of period balance
4

 
(158
)
Other comprehensive income (loss) before reclassifications
(12
)
 
1

Other comprehensive income (loss)
(12
)
 
1

End of period balance
(8
)
 
(157
)
 
 
 
 
Net cash flow hedges:
 
 
 
Beginning of period balance
279

 
312

Other comprehensive loss before reclassifications ($(7) and $0 pretax)
(5
)
 
—

Amounts reclassified from accumulated other comprehensive income ($(6) and $(5) pretax) (2)
(4
)
 
(4
)
Other comprehensive loss
(9
)
 
(4
)
End of period balance
270

 
308

 
 
 
 
Pension and other postretirement benefits:
 
 
 
Beginning of period balance
(38
)
 
(149
)
Other comprehensive income
—

 
—

End of period balance
(38
)
 
(149
)
 
 
 
 
Total beginning of period accumulated other comprehensive income
1,019

 
102

Total other comprehensive income (loss)
(332
)
 
331

Total end of period accumulated other comprehensive income
$
687

 
$
433

_____________________________________________ 
(1)
Amounts reclassified from accumulated other comprehensive income for specifically identified debt securities are included in net investment income in the unaudited condensed consolidated statements of operations.
(2)
Amounts reclassified from accumulated other comprehensive income for specifically identified cash flow hedges are included in interest expense in the unaudited condensed 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.