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FAIR VALUE OF FINANCIAL INSTRUMENTS - Schedule of Fair Value Assets Measured on Recurring Basis (Details) - USD ($)
$ in Millions
3 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Policyholders’ account balances – embedded derivative        
Liabilities        
Beginning balance $ (948) $ (1,123) $ (904) $ (872)
Acquisition from business combination     0  
Derecognition     0  
Fair value changes in net income (242) 268 (287) (38)
Fair value changes in other comprehensive income 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements or maturities 0 0 30 0
Premiums less benefits (1) (93) (35) 6
Transfers into Level 3 (5,066) 0 0  
Transfers out of Level 3 0 0 0  
Ending balance (6,257) (948) (1,196) (904)
Funds withheld for reinsurance liabilities – embedded derivative        
Liabilities        
Funds withheld for reinsurance liabilities – embedded derivative, beginning balance (55) (37) 1 0
Acquisition from business combination     0  
Derecognition     0  
Fair value changes in net income (8) (18) (35) 1
Fair value changes in other comprehensive income 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements or maturities 0 0 0 0
Premiums less benefits 0 0 0 0
Transfers into Level 3 0 0 0  
Transfers out of Level 3 0 0 0  
Funds withheld for reinsurance liabilities – embedded derivative, ending balance $ (63) $ (55) $ (34) $ 1
Invested assets        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration] Other Comprehensive Income (Loss), Net of Tax Other Comprehensive Income (Loss), Net of Tax Other Comprehensive Income (Loss), Net of Tax Other Comprehensive Income (Loss), Net of Tax
Assets        
Beginning balance $ 10,809 $ 10,093 $ 4,575 $ 4,447
Acquisition from business combination     4,288  
Derecognition     0  
Fair value changes in net income 26 (32) 162 (5)
Fair value changes in other comprehensive income (11) 20 19 8
Purchases 1,214 172 1,234 2,187
Sales (1,537) (45) (1,260) (2,056)
Settlements or maturities (138) (13) (3) (6)
Premiums less benefits 0 0 0 0
Transfers into Level 3 239 681 64  
Transfers out of Level 3 (1,024) (67) (58)  
Ending balance 9,578 10,809 9,021 4,575
Derivative assets        
Assets        
Beginning balance 149 223 257 227
Acquisition from business combination     0  
Derecognition     0  
Fair value changes in net income 66 (38) 24 57
Fair value changes in other comprehensive income 0 0 0 0
Purchases 34 33 39 35
Sales 0 0 0 0
Settlements or maturities (61) (69) (66) (62)
Premiums less benefits 0 0 0 0
Transfers into Level 3 0 0 0  
Transfers out of Level 3 0 0 0  
Ending balance 188 149 254 257
Reinsurance funds withheld – embedded derivative        
Assets        
Beginning balance 8 18 89 (46)
Acquisition from business combination     0  
Derecognition     (196)  
Fair value changes in net income (2) (10) 141 135
Fair value changes in other comprehensive income 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements or maturities 0 0 0 0
Premiums less benefits 0 0 0 0
Transfers into Level 3 0 0 0  
Transfers out of Level 3 0 0 0  
Ending balance $ 6 $ 8 $ 34 $ 89