XML 126 R97.htm IDEA: XBRL DOCUMENT v3.22.4
INVESTMENTS - AFS in Continuous Unrealized Loss Position (Details) - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]    
Less than 12 months, Fair value $ 30,113,886 $ 44,775,045
Less than 12 months, Unrealized losses (4,017,293) (973,850)
12 months or more, Fair value 27,191,183 0
12 months or more, Unrealized losses (7,588,946) 0
Total, Fair value 57,305,069 44,775,045
Total, Unrealized losses (11,606,239) (973,850)
U.S. government and agencies    
Debt Securities, Available-for-sale [Line Items]    
Less than 12 months, Fair value 122,272 311,096
Less than 12 months, Unrealized losses (52,639) (4,768)
12 months or more, Fair value 108,498 0
12 months or more, Unrealized losses (19,855) 0
Total, Fair value 230,770 311,096
Total, Unrealized losses (72,494) (4,768)
U.S. state, municipal and political subdivisions    
Debt Securities, Available-for-sale [Line Items]    
Less than 12 months, Fair value 2,321,404 2,802,309
Less than 12 months, Unrealized losses (605,698) (55,240)
12 months or more, Fair value 1,780,984 0
12 months or more, Unrealized losses (628,176) 0
Total, Fair value 4,102,388 2,802,309
Total, Unrealized losses (1,233,874) (55,240)
Corporate    
Debt Securities, Available-for-sale [Line Items]    
Less than 12 months, Fair value 14,792,384 30,385,514
Less than 12 months, Unrealized losses (2,114,695) (688,648)
12 months or more, Fair value 17,943,907 0
12 months or more, Unrealized losses (5,869,646) 0
Total, Fair value 32,736,291 30,385,514
Total, Unrealized losses (7,984,341) (688,648)
Residential mortgage-backed securities    
Debt Securities, Available-for-sale [Line Items]    
Less than 12 months, Fair value 3,998,737 3,196,876
Less than 12 months, Unrealized losses (442,543) (113,359)
12 months or more, Fair value 2,068,529 0
12 months or more, Unrealized losses (391,669) 0
Total, Fair value 6,067,266 3,196,876
Total, Unrealized losses (834,212) (113,359)
Commercial mortgage-backed securities    
Debt Securities, Available-for-sale [Line Items]    
Less than 12 months, Fair value 4,054,053 3,405,774
Less than 12 months, Unrealized losses (445,168) (56,523)
12 months or more, Fair value 2,338,517 0
12 months or more, Unrealized losses (389,567) 0
Total, Fair value 6,392,570 3,405,774
Total, Unrealized losses (834,735) (56,523)
Collateralized bond obligations    
Debt Securities, Available-for-sale [Line Items]    
Less than 12 months, Fair value 1,351,552 2,152,790
Less than 12 months, Unrealized losses (103,499) (27,466)
12 months or more, Fair value 1,482,099 0
12 months or more, Unrealized losses (114,274) 0
Total, Fair value 2,833,651 2,152,790
Total, Unrealized losses (217,773) (27,466)
CLOs    
Debt Securities, Available-for-sale [Line Items]    
Less than 12 months, Fair value 1,862,608 1,172,330
Less than 12 months, Unrealized losses (139,766) (5,776)
12 months or more, Fair value 636,014 0
12 months or more, Unrealized losses (60,394) 0
Total, Fair value 2,498,622 1,172,330
Total, Unrealized losses (200,160) (5,776)
Asset-Backed Securities    
Debt Securities, Available-for-sale [Line Items]    
Less than 12 months, Fair value 1,610,876 1,348,356
Less than 12 months, Unrealized losses (113,285) (22,070)
12 months or more, Fair value 832,635 0
12 months or more, Unrealized losses (115,365) 0
Total, Fair value 2,443,511 1,348,356
Total, Unrealized losses $ (228,650) $ (22,070)