Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2023

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Other Comprehensive Income (Loss)

Note 21 Other Comprehensive Income (Loss)

Components of other comprehensive income (loss) on a pre-tax and after-tax basis
	For the years ended December 31,
	2023						2022						2021
($ 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)	$	1,547	$	(322)	$	1,225	$	(4,472)	$	949	$	(3,523)	$	(2,840)	$	601	$	(2,239)
Less: reclassification adjustment of realized capital gains and losses	(539)		113		(426)		(848)		178		(670)		436		(92)		344
Unrealized net capital gains and losses	2,086		(435)		1,651		(3,624)		771		(2,853)		(3,276)		693		(2,583)
Unrealized foreign currency translation adjustments	85		(18)		67		(190)		40		(150)		(10)		2		(8)
Unamortized pension and other postretirement prior service credit (2)	(20)		4		(16)		(54)		11		(43)		(75)		16		(59)
Discount rate for reserve for future policy benefits	(13)		3		(10)		289		(61)		228		62		(13)		49
Other comprehensive income (loss)	$	2,138	$	(446)	$	1,692	$	(3,579)	$	761	$	(2,818)	$	(3,299)	$	698	$	(2,601)

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

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