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Fair Value (Tables)

3 Months Ended

Mar. 31, 2023

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Financial Assets and Liabilities, Measured at Fair Value Recurring Basis [Table Text Block]

The following table presents a summary of fair value measurements by level and carrying values for items measured at fair value on a recurring basis in the Condensed Consolidated Balance Sheets:

(in millions)						Quoted Prices in Active Markets (Level 1)						Other Observable Inputs (Level 2)						Unobservable Inputs (Level 3)						Total Fair and Carrying Value
March 31, 2023
Cash and cash equivalents						$	41,851					$	62					$	—					$	41,913
Debt securities - available-for-sale:
U.S. government and agency obligations						4,122						407						—						4,529
State and municipal obligations						—						7,755						—						7,755
Corporate obligations						16						22,486						181						22,683
U.S. agency mortgage-backed securities						—						7,540						—						7,540
Non-U.S. agency mortgage-backed securities						—						2,874						—						2,874
Total debt securities - available-for-sale						4,138						41,062						181						45,381
Equity securities						2,128						35						70						2,233
Assets under management						1,491						2,245						101						3,837
Total assets at fair value						$	49,608					$	43,404					$	352					$	93,364
Percentage of total assets at fair value						53		%				46		%				1		%				100		%
December 31, 2022
Cash and cash equivalents						$	23,202					$	163					$	—					$	23,365
Debt securities - available-for-sale:
U.S. government and agency obligations						3,505						304						—						3,809
State and municipal obligations						—						7,248						—						7,248
Corporate obligations						7						21,695						192						21,894
U.S. agency mortgage-backed securities						—						6,586						—						6,586
Non-U.S. agency mortgage-backed securities						—						2,784						—						2,784
Total debt securities - available-for-sale						3,512						38,617						192						42,321
Equity securities						2,043						35						70						2,148
Assets under management						1,788						2,203						96						4,087
Total assets at fair value						$	30,545					$	41,018					$	358					$	71,921
Percentage of total assets at fair value						42		%				57		%				1		%				100		%

Fair Value Measurements, Nonrecurring [Table Text Block]

The following table presents a summary of fair value measurements by level and carrying values for certain financial instruments not measured at fair value on a recurring basis in the Condensed Consolidated Balance Sheets:

(in millions)						Quoted Prices in Active Markets (Level 1)						Other Observable Inputs (Level 2)						Unobservable Inputs (Level 3)						Total Fair Value						Total Carrying Value
March 31, 2023
Debt securities - held-to-maturity						$	595					$	74					$	—					$	669					$	682
Long-term debt and other financing obligations						$	—					$	60,307					$	—					$	60,307					$	62,360
December 31, 2022
Debt securities - held-to-maturity						$	577					$	102					$	—					$	679					$	696
Long-term debt and other financing obligations						$	—					$	53,626					$	—					$	53,626					$	56,823

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-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

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
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-Section 50
-Paragraph 2
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-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
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-URI https://asc.fasb.org//1943274/2147482106/820-10-50-3

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Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

+ References

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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/2003/role/disclosureRef
-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

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-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
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-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

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