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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables) | 6 Months Ended
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Jun. 30, 2024
Fair Value Disclosures [Abstract] |
Schedule of Carrying Amount and Fair Value of Financial Instruments | The carrying amount and fair value of financial instruments are shown below:
|  | June 30, 2024 |  | December 31, 2023
AS OF US$ MILLIONS |  | Carrying Amount |  | Fair Value |  | Carrying Amount |  | Fair Value
Financial assets |  |  |  |  |  |  |  |
Available-for-sale fixed maturity securities |  | $ | 52,597 |  |  | $ | 52,597 |  |  | $ | 18,777 |  |  | $ | 18,777 |
Equity securities 1 |  | 2,804 |  |  | 2,804 |  |  | 3,663 |  |  | 3,663 |
Mortgage loans on real estate, net of allowance |  | 12,444 |  |  | 12,228 |  |  | 5,962 |  |  | 5,683 |
Private loans, net of allowance |  | 2,871 |  |  | 2,871 |  |  | 1,198 |  |  | 855 |
Policy loans |  | 401 |  |  | 401 |  |  | 390 |  |  | 390 |
Short-term investments |  | 2,910 |  |  | 2,910 |  |  | 3,115 |  |  | 3,115 |
Other invested assets: |  |  |  |  |  |  |  |
Derivative assets |  | 1,620 |  |  | 1,620 |  |  | 342 |  |  | 342 |
Separately managed accounts |  | 89 |  |  | 89 |  |  | 105 |  |  | 105 |
Other 2 |  | 900 |  |  | 883 |  |  | 58 |  |  | 58 |
Cash and cash equivalents |  | 14,335 |  |  | 14,335 |  |  | 4,308 |  |  | 4,308 |
Reinsurance funds withheld 3 |  | 1,573 |  |  | 1,573 |  |  | 7,248 |  |  | 7,248 |
Other assets – market risk benefit assets |  | 704 |  |  | 704 |  |  | 34 |  |  | 34 |
Separate account assets 4 |  | 1,266 |  |  | 1,266 |  |  | 1,189 |  |  | 1,189 |
Total financial assets |  | $ | 94,514 |  |  | $ | 94,281 |  |  | $ | 46,389 |  |  | $ | 45,767 |
Financial liabilities |  |  |  |  |  |  |  |
Policyholders’ account balances – embedded derivative |  | $ | 1,196 |  |  | $ | 1,196 |  |  | $ | 1,104 |  |  | $ | 1,104 |
Market risk benefits |  | 3,276 |  |  | 3,276 |  |  | 89 |  |  | 89 |
Other liabilities – derivative liabilities |  | 14 |  |  | 14 |  |  | 12 |  |  | 12 |
Notes payable |  | 657 |  |  | 657 |  |  | 174 |  |  | 174 |
Corporate and subsidiary borrowings |  | 4,461 |  |  | 4,444 |  |  | 3,569 |  |  | 3,567 |
Separate account liabilities 4 |  | 1,266 |  |  | 1,266 |  |  | 1,189 |  |  | 1,189 |
Total financial liabilities |  | $ | 10,870 |  |  | $ | 10,853 |  |  | $ | 6,137 |  |  | $ | 6,135 |
1.Balance as of December 31, 2023 includes $424 million of private equity measured at cost less impairment, if any, as their fair values were not readily determinable and were therefore not subject to fair value hierarchy. 2.Balances include $471 million and $12 million of other invested assets not subject to fair value hierarchy as of June 30, 2024 and December 31, 2023, respectively. Balances exclude $1.6 billion and $209 million of derivative cash collaterals that are recorded as an offset to “Other invested assets” in the statements of financial position and are also not included in fair value hierarchy as of June 30, 2024 and December 31, 2023, respectively (refer to “Derivative Exposure” section of Note 9 for details). 3.Balances include $1.5 billion and $7.3 billion of assets not subject to fair value hierarchy as of June 30, 2024 and December 31, 2023, respectively. 4.Balances include $32 million and $26 million of assets, and corresponding liabilities, that are not subject to fair value hierarchy as of June 30, 2024 and December 31, 2023, respectively.
Schedule of Fair Value Hierarchy Measurements of Financial Instruments | The fair value hierarchy measurements of the assets and liabilities recorded at fair value are shown below:
|  | Assets and Liabilities Recorded at Fair Value by Hierarchy Level
AS OF JUN. 30, 2024 US$ MILLIONS |  | Total Fair Value |  | Level 1 |  | Level 2 |  | Level 3
Financial assets |  |  |  |  |  |  |  |
Available-for-sale fixed maturity securities: |  |  |  |  |  |  |  |
U.S. treasury and government |  | $ | 398 |  |  | $ | 347 |  |  | $ | 51 |  |  | $ | — |
U.S. states and political subdivisions |  | 3,384 |  |  | — |  |  | 3,132 |  |  | 252 |
Foreign governments |  | 990 |  |  | — |  |  | 990 |  |  | — |
Corporate debt securities |  | 36,228 |  |  | — |  |  | 33,307 |  |  | 2,921 |
Residential mortgage-backed securities |  | 1,309 |  |  | — |  |  | 1,286 |  |  | 23 |
Commercial mortgage-backed securities |  | 3,463 |  |  | — |  |  | 3,406 |  |  | 57 |
Collateralized debt securities |  | 6,825 |  |  | — |  |  | 4,261 |  |  | 2,564 |
Total fixed maturity, available-for-sale |  | 52,597 |  |  | 347 |  |  | 46,433 |  |  | 5,817 |
Equity securities: |  |  |  |  |  |  |  |
Common stock |  | 2,660 |  |  | 2,083 |  |  | 2 |  |  | 575 |
Preferred stock |  | 140 |  |  | 37 |  |  | — |  |  | 103 |
Private equity and other |  | 4 |  |  | — |  |  | — |  |  | 4 |
Total equity securities |  | 2,804 |  |  | 2,120 |  |  | 2 |  |  | 682 |
Investment real estate 1 |  | 1,279 |  |  | — |  |  | — |  |  | 1,279 |
Real estate partnerships 1 |  | 39 |  |  | — |  |  | — |  |  | 39 |
Investment funds 1, 2 |  | 111 |  |  | — |  |  | — |  |  | 111 |
Short-term investments |  | 2,910 |  |  | 1,737 |  |  | 594 |  |  | 579 |
Other invested assets: |  |  |  |  |  |  |  |
Derivative assets |  | 1,620 |  |  | — |  |  | 1,366 |  |  | 254 |
Separately managed accounts |  | 89 |  |  | — |  |  | — |  |  | 89 |
Other |  | 429 |  |  | — |  |  | 4 |  |  | 425 |
Cash and cash equivalents |  | 14,335 |  |  | 14,312 |  |  | 23 |  |  | — |
Reinsurance funds withheld – embedded derivative |  | 34 |  |  | — |  |  | — |  |  | 34 |
Premiums due and other receivables – derivative asset |  | 22 |  |  | — |  |  | 22 |  |  | — |
Other assets – market risk benefit assets |  | 704 |  |  | — |  |  | — |  |  | 704 |
Separate account assets |  | 1,234 |  |  | 200 |  |  | 1,034 |  |  | — |
Total financial assets |  | $ | 78,207 |  |  | $ | 18,716 |  |  | $ | 49,478 |  |  | $ | 10,013 |
Financial liabilities |  |  |  |  |  |  |  |
Policyholders’ account balances – embedded derivative |  | $ | 1,196 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,196 |
Market risk benefits |  | 3,276 |  |  | — |  |  | — |  |  | 3,276 |
Funds withheld for reinsurance liabilities – embedded derivative |  | 34 |  |  | — |  |  | — |  |  | 34 |
Other liabilities – derivative liabilities |  | 14 |  |  | — |  |  | 14 |  |  | — |
Separate account liabilities |  | 1,234 |  |  | 200 |  |  | 1,034 |  |  | — |
Total financial liabilities |  | $ | 5,754 |  |  | $ | 200 |  |  | $ | 1,048 |  |  | $ | 4,506 |
1.Balances represent financial assets that are fair valued as a result of consolidation of investment company VIE in accordance with ASC 946. 2.Balance for investment funds excludes those measured at estimated fair value using net asset value (“NAV”) per share as a practical expedient. As of June 30, 2024 and December 31, 2023, the estimated fair values of investment funds measured at NAV as a practical expedient were $645 million and nil, respectively.
|  | Assets and Liabilities Recorded at Fair Value by Hierarchy Level
AS OF DEC. 31, 2023 US$ MILLIONS |  | Total Fair Value |  | Level 1 |  | Level 2 |  | Level 3
Financial assets |  |  |  |  |  |  |  |
Available-for-sale fixed maturity securities: |  |  |  |  |  |  |  |
U.S. treasury and government |  | $ | 497 |  |  | $ | 442 |  |  | $ | 55 |  |  | $ | — |
U.S. states and political subdivisions |  | 670 |  |  | — |  |  | 670 |  |  | — |
Foreign governments |  | 614 |  |  | — |  |  | 614 |  |  | — |
Corporate debt securities |  | 14,592 |  |  | — |  |  | 12,314 |  |  | 2,278 |
Residential mortgage-backed securities |  | 376 |  |  | — |  |  | 376 |  |  | — |
Commercial mortgage-backed securities |  | 726 |  |  | — |  |  | 696 |  |  | 30 |
Collateralized debt securities |  | 1,302 |  |  | — |  |  | 961 |  |  | 341 |
Total fixed maturity, available-for-sale |  | 18,777 |  |  | 442 |  |  | 15,686 |  |  | 2,649 |
Equity securities: |  |  |  |  |  |  |  |
Common stock |  | 3,073 |  |  | 2,682 |  |  | — |  |  | 391 |
Preferred stock |  | 121 |  |  | 37 |  |  | — |  |  | 84 |
Private equity and other |  | 45 |  |  | — |  |  | — |  |  | 45 |
Total equity securities |  | 3,239 |  |  | 2,719 |  |  | — |  |  | 520 |
Short-term investments |  | 3,115 |  |  | 1,948 |  |  | 40 |  |  | 1,127 |
Other invested assets: |  |  |  |  |  |  |  |
Derivative assets |  | 342 |  |  | — |  |  | 115 |  |  | 227 |
Separately managed accounts |  | 105 |  |  | — |  |  | — |  |  | 105 |
Other |  | 46 |  |  | — |  |  | — |  |  | 46 |
Cash and cash equivalents |  | 4,308 |  |  | 4,264 |  |  | 44 |  |  | — |
Reinsurance funds withheld – embedded derivative |  | (46) |  |  | — |  |  | — |  |  | (46) |
Other assets – market risk benefit assets |  | 34 |  |  | — |  |  | — |  |  | 34 |
Separate account assets |  | 1,163 |  |  | 405 |  |  | 758 |  |  | — |
Total financial assets |  | $ | 31,083 |  |  | $ | 9,778 |  |  | $ | 16,643 |  |  | $ | 4,662 |
Financial liabilities |  |  |  |  |  |  |  |
Policyholders’ account balances – embedded derivative |  | $ | 1,104 |  |  | $ | — |  |  | $ | 232 |  |  | $ | 872 |
Market risk benefits |  | 89 |  |  | — |  |  | — |  |  | 89 |
Other liabilities – derivative liabilities |  | 12 |  |  | 8 |  |  | 4 |  |  | — |
Separate account liabilities |  | 1,163 |  |  | 405 |  |  | 758 |  |  | — |
Total financial liabilities |  | $ | 2,368 |  |  | $ | 413 |  |  | $ | 994 |  |  | $ | 961 |
Schedule of Carrying Value and Estimated Fair Value of Financial Instruments Not Recorded at Fair Value on a Recurring Basis | The carrying amount and estimated fair value of financial instruments not recorded at fair value on a recurring basis are shown below. The table below excludes cash and cash equivalents and accrued investment income, which are recorded at amortized cost in the statements of financial position, as their carrying amounts approximate the fair values due to their short-term nature.
AS OF JUN. 30, 2024 US$ MILLIONS |  |  |  | Carrying Amount |  | Fair Value |  | FV Hierarchy Level
|  |  |  |  | Level 1 |  | Level 2 |  | Level 3
Financial assets |  |  |  |  |  |  |  |  |  |  |  |
Mortgage loans on real estate, net of allowance |  |  |  | $ | 12,444 |  |  | $ | 12,228 |  |  | — |  |  | — |  |  | 12,228 |
Private loans, net of allowance |  |  |  | 2,871 |  |  | 2,871 |  |  | — |  |  | 1,056 |  |  | 1,815 |
Policy loans |  |  |  | 401 |  |  | 401 |  |  | — |  |  | — |  |  | 401 |
Deposit assets |  |  |  | 15,261 |  |  | 14,196 |  |  | — |  |  | — |  |  | 14,196 |
Other invested assets, excluding derivatives and separately managed accounts |  |  |  | 471 |  |  | 454 |  |  | — |  |  | 403 |  |  | 51 |
Total financial assets |  | $ | 31,448 |  |  | $ | 30,150 |  |  |  |  |  |  |
Financial liabilities |  |  |  |  |  |  |  |  |  |  |  |
Policyholders’ account balances – investment contracts, excluding embedded derivative |  |  |  | $ | 76,797 |  |  | $ | 76,797 |  |  | — |  |  | — |  |  | 76,797 |
Policy and contract claims – FHLB |  |  |  | 1,880 |  |  | 1,880 |  |  | — |  |  | — |  |  | 1,880 |
Corporate and subsidiary borrowings |  |  |  | 4,461 |  |  | 4,444 |  |  | — |  |  | 80 |  |  | 4,364 |
Notes payable |  |  |  | 657 |  |  | 657 |  |  | — |  |  | — |  |  | 657 |
Total financial liabilities |  | $ | 83,795 |  |  | $ | 83,778 |  |  |  |  |  |  |
AS OF DEC. 31, 2023 US$ MILLIONS |  |  |  | Carrying Amount |  | Fair Value |  | FV Hierarchy Level
|  |  |  |  | Level 1 |  | Level 2 |  | Level 3
Financial assets |  |  |  |  |  |  |  |  |  |  |  |
Mortgage loans on real estate, net of allowance |  |  |  | $ | 5,962 |  |  | $ | 5,683 |  |  | — |  |  | — |  |  | 5,683 |
Private loans, net of allowance |  |  |  | 1,198 |  |  | 855 |  |  | — |  |  | — |  |  | 855 |
Policy loans |  |  |  | 390 |  |  | 390 |  |  | — |  |  | — |  |  | 390 |
Other invested assets, excluding derivatives and separately managed accounts |  |  |  | 12 |  |  | 12 |  |  | — |  |  | — |  |  | 12 |
Total financial assets |  | $ | 7,562 |  |  | $ | 6,940 |  |  |  |  |  |  |
Financial liabilities |  |  |  |  |  |  |  |  |  |  |  |
Policyholders’ account balances – investment contracts, excluding embedded derivative |  |  |  | $ | 21,627 |  |  | $ | 20,098 |  |  | — |  |  | 6,001 |  |  | 14,097 |
Corporate and subsidiary borrowings |  |  |  | 3,569 |  |  | 3,567 |  |  | 133 |  |  | 249 |  |  | 3,185 |
Notes payable |  |  |  | 174 |  |  | 174 |  |  | — |  |  | — |  |  | 174 |
Total financial liabilities |  | $ | 25,370 |  |  | $ | 23,839 |  |  |  |  |  |  |
Schedule of Fair Value Assets Measured on Recurring Basis | For financial assets and financial liabilities measured at fair value on a recurring basis using Level 3 inputs during the periods, reconciliations of the beginning and ending balances are shown below:
|  | Assets |  | Liabilities
FOR THE PERIODS ENDED JUN. 30, 2024 US$ MILLIONS |  | Invested assets 1 |  | Derivative assets |  | Reinsurance funds withheld – embedded derivative |  | Policyholders’ account balances – embedded derivative |  | Funds withheld for reinsurance liabilities – embedded derivative |  |
Balance as of January 1, 2024 |  | $ | 4,447 |  |  | $ | 227 |  |  | $ | (46) |  |  | $ | (872) |  |  | $ | — |  |  |
Fair value changes in net income |  | (5) |  |  | 57 |  |  | 135 |  |  | (38) |  |  | 1 |  |  |
Fair value changes in other comprehensive income |  | 8 |  |  | — |  |  | — |  |  | — |  |  | — |  |  |
Purchases |  | 2,187 |  |  | 35 |  |  | — |  |  | — |  |  | — |  |  |
Sales |  | (2,056) |  |  | — |  |  | — |  |  | — |  |  | — |  |  |
Settlements or maturities |  | (6) |  |  | (62) |  |  | — |  |  | — |  |  | — |  |  |
Premiums less benefits |  | — |  |  | — |  |  | — |  |  | 6 |  |  | — |  |  |
Balance as of March 31, 2024 |  | $ | 4,575 |  |  | $ | 257 |  |  | $ | 89 |  |  | $ | (904) |  |  | $ | 1 |  |  |
Acquisition from business combination |  | 4,288 |  |  | — |  |  | — |  |  | — |  |  | — |  |  |
Derecognition 2 |  | — |  |  | — |  |  | (196) |  |  | — |  |  | — |  |  |
Fair value changes in net income |  | 162 |  |  | 24 |  |  | 141 |  |  | (287) |  |  | (35) |  |  |
Fair value changes in other comprehensive income |  | 19 |  |  | — |  |  | — |  |  | — |  |  | — |  |  |
Purchases |  | 1,234 |  |  | 39 |  |  | — |  |  | — |  |  | — |  |  |
Sales |  | (1,260) |  |  | — |  |  | — |  |  | — |  |  | — |  |  |
Settlements or maturities |  | (3) |  |  | (66) |  |  | — |  |  | 30 |  |  | — |  |  |
Premiums less benefits |  | — |  |  | — |  |  | — |  |  | (35) |  |  | — |  |  |
Transfers into Level 3 |  | 64 |  |  | — |  |  | — |  |  | — |  |  | — |  |  |
Transfers out of Level 3 |  | (58) |  |  | — |  |  | — |  |  | — |  |  | — |  |  |
Balance as of June 30, 2024 |  | $ | 9,021 |  |  | $ | 254 |  |  | $ | 34 |  |  | $ | (1,196) |  |  | $ | (34) |  |  |
1.Balance includes separately managed accounts. 2.See Note 16 for the details of effective settlement of a reinsurance arrangement, resulting in the derecognition of reinsurance funds withheld.
|  | Assets |  | Liabilities
FOR THE PERIODS ENDED JUN. 30, 2023 US$ MILLIONS |  | Invested assets 1 |  | Derivative assets |  | Reinsurance funds withheld – embedded derivative |  | Policyholders’ account balances – embedded derivative |  |  |  |
Balance as of January 1, 2023 |  | $ | 2,489 |  |  | $ | 121 |  |  | $ | 154 |  |  | $ | (726) |  |  |  |  |
Fair value changes in net income |  | 1 |  |  | 25 |  |  | (55) |  |  | (50) |  |  |  |  |
Fair value changes in other comprehensive income |  | 77 |  |  | — |  |  | — |  |  | — |  |  |  |  |
Purchases |  | 1,265 |  |  | 30 |  |  | — |  |  | — |  |  |  |  |
Sales |  | (320) |  |  | — |  |  | — |  |  | — |  |  |  |  |
Settlements or maturities |  | — |  |  | (9) |  |  | — |  |  | — |  |  |  |  |
Premiums less benefits |  | — |  |  | — |  |  | — |  |  | (8) |  |  |  |  |
Balance as of March 31, 2023 |  | $ | 3,512 |  |  | $ | 167 |  |  | $ | 99 |  |  | $ | (784) |  |  |  |  |
Fair value changes in net income |  | (293) |  |  | 47 |  |  | 27 |  |  | (51) |  |  |  |  |
Purchases |  | 923 |  |  | 30 |  |  | — |  |  | — |  |  |  |  |
Sales |  | (33) |  |  | — |  |  | — |  |  | — |  |  |  |  |
Settlements or maturities |  | — |  |  | (29) |  |  | — |  |  | — |  |  |  |  |
Premiums less benefits |  | — |  |  | — |  |  | — |  |  | 26 |  |  |  |  |
Balance as of June 30, 2023 |  | $ | 4,109 |  |  | $ | 215 |  |  | $ | 126 |  |  | $ | (809) |  |  |  |  |
1.Balance includes separately managed accounts.
Schedule of Valuation Techniques and Unobservable Inputs of Level 3 Fair Value Measurements | The following summarizes the valuation techniques and unobservable inputs of the Level 3 fair value measurements:
Type of Asset | Valuation Techniques | Significant Unobservable Inputs
Available-for-sale fixed maturity securities | Corporate debt securities •Discounted cash flows (yield analysis) •Income approach •Price at cost | Corporate debt securities •Contractual cash flows •Duration •Call provisions •Weighted-average life •Risk premium •Coupon rate
Other asset-backed securities •Discounted cash flows | Other asset-backed securities •Discount rate •Weighted average life
Collateralized debt securities •Broker quotes •Income approach | Collateralized debt securities •Contractual cash flows •Weighted-average coupon and maturity •Collateral type •Loss severity •Geography
Common stock, preferred stock and private equity | •Broker quotes •Income approach •Current Value Method (“CVM”) •Guideline public company method 1 | •Security structure •Last Twelve Months (“LTM”) Revenue Multiple 2 •Next Calendar Year (“NCY”) Revenue Multiple 3 •LTM EBITDA Multiple 4 •NCY +1 EBITDA Multiple 5
Investment real estate, real estate partnerships | •Broker price opinions (“BPOs”) | •Market comparable home sales •Age and size of the home •Location and property conditions
Separately managed accounts | Common stock and warrants •Guideline public company method 1 •Option pricing method •CVM | Common stock and warrants •LTM Revenue Multiple 2 •NCY Revenue Multiple 3 •LTM EBITDA Multiple 4 •NCY +1 EBITDA Multiple 5 •Term •Volatility •Discount for lack of marketability (“DLOM”)
| Preferred stock •Guideline public company method 1 •CVM | Preferred stock •LTM Revenue Multiple 2 •NCY Revenue Multiple 3 •LTM EBITDA Multiple 4 •NCY +1 EBITDA Multiple 5
| Fixed income •Discounted cash flows (yield analysis) •Market transactions approach •CVM •Cost | Fixed income •Discount rate •NCY EBITDA
1.Guideline public company method uses price multiples from data on comparable public companies. Multiples are then adjusted to account for differences between what is being valued and comparable firms. 2.LTM Revenue Multiple valuation metric shows revenue for the past 12-month period. 3.NCY Revenue Multiple shows forecast revenue over the next calendar year. 4.LTM EBITDA Multiple shows earnings before interest, taxes, depreciation and amortization (“EBITDA”) for the past 12-month period. 5.NCY +1 EBITDA Multiple shows forecasted EBITDA expected to be achieved over the next calendar year.

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- Definition Tabular disclosure of financial instrument classified as a derivative asset (liability) after deduction of derivative liability (asset) using recurring unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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