The following tables provide the amounts related to each component of OCI: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | 2022 | | 2021 | | Pretax | | Income Tax Benefit (Expense) | | Net of Tax | | Pretax | | Income Tax Benefit (Expense) | | Net of Tax | | (in millions) | Net unrealized gains (losses) on securities: | | | | | | | | | | | | Net unrealized gains (losses) on securities arising during the period (1) | $ | (1,592) | | | $ | 347 | | | $ | (1,245) | | | $ | (690) | | | $ | 152 | | | $ | (538) | | Reclassification of net (gains) losses on securities included in net income (2) | (20) | | | 4 | | | (16) | | | (50) | | | 11 | | | (39) | | Impact of DAC, DSIC, unearned revenue, benefit reserves and reinsurance recoverables | 516 | | | (108) | | | 408 | | | 300 | | | (63) | | | 237 | | Net unrealized gains (losses) on securities | (1,096) | | | 243 | | | (853) | | | (440) | | | 100 | | | (340) | | Net unrealized gains (losses) on derivatives: | | | | | | | | | | | | Net unrealized gains (losses) on derivatives arising during the period | 1 | | | — | | | 1 | | | — | | | — | | | — | | | | | | | | | | | | | | Net unrealized gains (losses) on derivatives | 1 | | | — | | | 1 | | | — | | | — | | | — | | Defined benefit plans: | | | | | | | | | | | | Net gains (losses) | — | | | — | | | — | | | 37 | | | (8) | | | 29 | | Defined benefit plans | — | | | — | | | — | | | 37 | | | (8) | | | 29 | | Foreign currency translation | (58) | | | 12 | | | (46) | | | (1) | | | — | | | (1) | | | | | | | | | | | | | | Total other comprehensive income (loss) | $ | (1,153) | | | $ | 255 | | | $ | (898) | | | $ | (404) | | | $ | 92 | | | $ | (312) | |
(1) Includes impairments on Available-for-Sale securities related to factors other than credit that were recognized in OCI during the period. (2) Reclassification amounts are recorded in Net investment income.
|