Other Comprehensive Income

12 Months Ended

Dec. 31, 2021


Note 21			Other Comprehensive Income


Components of other comprehensive income (loss) on a pre-tax and after-tax basis
	For the years ended December 31,
	2021						2020						2019
($ in millions)	Pre-tax		Tax		After-tax		Pre-tax		Tax		After-tax		Pre-tax		Tax		After-tax
Unrealized net holding gains and losses arising during the period, net of related offsets (1)	$	(2,839)	$	601	$	(2,238)	$	2,512	$	(532)	$	1,980	$	2,807	$	(592)	$	2,215
Less: reclassification adjustment of net gains and losses on investments and derivatives	436		(92)		344		870		(183)		687		413		(87)		326
Unrealized net capital gains and losses	(3,275)		693		(2,582)		1,642		(349)		1,293		2,394		(505)		1,889
Unrealized foreign currency translation adjustments	(10)		2		(8)		66		(14)		52		(13)		3		(10)


Unamortized pension and other postretirement prior service credit (2)	(75)		16		(59)		12		(3)		9		(59)		12		(47)
Other comprehensive (loss) income	$	(3,360)	$	711	$	(2,649)	$	1,720	$	(366)	$	1,354	$	2,322	$	(490)	$	1,832

(1)Includes $2.4 billion of losses related to held for sale investments in connection with 2021 sale of life and annuity business.

(2)Represents prior service credits reclassified out of other comprehensive income and amortized into operating costs and expenses.