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Long-Term Debt and Credit Facilities (Tables) | 12 Months Ended
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Dec. 31, 2024
Debt Disclosure [Abstract] |
Principal and Carrying Amounts of Debt | The principal and carrying values of the Company’s debt are presented in the table below. Principal and Carrying Amounts of Long-Term Debt
| As of December 31, 2024 |  | As of December 31, 2023
| Principal |  | Carrying Value |  | Principal |  | Carrying Value
| (in millions)
AGUS 6.125% Senior Notes | $ | 350 |  |  | $ | 346 |  |  | $ | 350 |  |  | $ | 345 |
AGUS 3.15% Senior Notes | 500 |  |  | 496 |  |  | 500 |  |  | 496 |
AGUS 7% Senior Notes | 200 |  |  | 198 |  |  | 200 |  |  | 198 |
AGUS 3.6% Senior Notes | 400 |  |  | 396 |  |  | 400 |  |  | 395 |
AGUS Series A Enhanced Junior Subordinated Debentures | 150 |  |  | 150 |  |  | 150 |  |  | 150 |
AGMH Junior Subordinated Debentures (1) | 146 |  |  | 113 |  |  | 146 |  |  | 110 |
Total | $ | 1,746 |  |  | $ | 1,699 |  |  | $ | 1,746 |  |  | $ | 1,694 |
____________________ (1) Carrying amounts are different than principal amounts primarily due to fair value adjustments at the date of the AGMH acquisition, which are accreted into interest expense over the remaining terms of these obligations. Net of AGMH’s long-term debt purchased by AGUS.
Expected Maturity Schedule of Debt | Scheduled principal payments of the Company’s debt are as follows: Debt Maturity Schedule (1) As of December 31, 2024
Year |  | Principal
|  | (in millions)
2028 |  | $ | 350 |
2031 |  | 500 |
2034 |  | 200 |
2051 |  | 400 |
2066 |  | 296 |
Total |  | $ | 1,746 |
____________________ (1) Includes eliminations of AGMH’s debt purchased by AGUS.

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