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Other Comprehensive Income
3 Months Ended
Mar. 31, 2021
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, 2021 and 2020:
Three Months Ended
March 31,
In millions20212020
Net unrealized investment gains (losses):
Beginning of period balance$1,214 $774 
Other comprehensive loss before reclassifications ($(487) and $(486) pretax)
(400)(394)
Amounts reclassified from accumulated other comprehensive income ($17 and $101 pretax) (1)
14 83 
Other comprehensive loss(386)(311)
End of period balance828 463 
Foreign currency translation adjustments:
Beginning of period balance
Other comprehensive loss before reclassifications(2)(12)
Other comprehensive loss(2)(12)
End of period balance(8)
Net cash flow hedges:
Beginning of period balance248 279 
Other comprehensive loss before reclassifications ($0 and $(7) pretax)
— (5)
Amounts reclassified from accumulated other comprehensive income ($(5) and $(6) pretax) (2)
(4)(4)
Other comprehensive loss(4)(9)
End of period balance244 270 
Pension and other postretirement benefits:
Beginning of period balance(55)(38)
Other comprehensive income— — 
End of period balance(55)(38)
Total beginning of period accumulated other comprehensive income1,414 1,019 
Total other comprehensive loss(392)(332)
Total end of period accumulated other comprehensive income $1,022 $687 
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(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 $13 million, net of tax, in net gains associated with its cash flow hedges into net income within the next 12 months.