XML 51 R41.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Offsetting Assets and Liabilities (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Offsetting [Abstract] |
Schedule of gross and net information about assets subject to master netting arrangements | The following tables present the gross and net information about the Company’s assets subject to master netting arrangements:
| June 30, 2024
Gross Amounts of Recognized Assets |  | Gross Amounts Offset in the Consolidated Balance Sheets |  | Amounts of Assets Presented in the Consolidated Balance Sheets |  | Gross Amounts Not Offset in the Consolidated Balance Sheets |  | Net Amount
Financial Instruments (1) |  | Cash Collateral |  | Securities Collateral
(in millions)
Derivatives: |  |  |  |  |  |  |  |  |  |  |  |  |
OTC | $ | 7,281 |  |  | $ | — |  |  | $ | 7,281 |  |  | $ | (4,811) |  |  | $ | (1,198) |  |  | $ | (1,186) |  |  | $ | 86 |
OTC cleared | 28 |  |  | — |  |  | 28 |  |  | (28) |  |  | — |  |  | — |  |  | — |
Exchange-traded | 108 |  |  | — |  |  | 108 |  |  | (25) |  |  | — |  |  | — |  |  | 83 |
Total derivatives | 7,417 |  |  | — |  |  | 7,417 |  |  | (4,864) |  |  | (1,198) |  |  | (1,186) |  |  | 169 |
Securities borrowed | 441 |  |  | — |  |  | 441 |  |  | (95) |  |  | — |  |  | (337) |  |  | 9 |
Total | $ | 7,858 |  |  | $ | — |  |  | $ | 7,858 |  |  | $ | (4,959) |  |  | $ | (1,198) |  |  | $ | (1,523) |  |  | $ | 178 |
| December 31, 2023
Gross Amounts of Recognized Assets |  | Gross Amounts Offset in the Consolidated Balance Sheets |  | Amounts of Assets Presented in the Consolidated Balance Sheets |  | Gross Amounts Not Offset in the Consolidated Balance Sheets |  | Net Amount
Financial Instruments (1) |  | Cash Collateral |  | Securities Collateral
(in millions)
Derivatives: |  |  |  |  |  |  |  |  |  |  |  |  |
OTC | $ | 5,197 |  | $ | — |  | $ | 5,197 |  | $ | (3,707) |  | $ | (1,114) |  | $ | (357) |  | $ | 19
OTC cleared | 9 |  | — |  | 9 |  | (9) |  | — |  | — |  | —
Exchange-traded | 39 |  | — |  | 39 |  | (18) |  | — |  | — |  | 21
Total derivatives | 5,245 |  | — |  | 5,245 |  | (3,734) |  | (1,114) |  | (357) |  | 40
Securities borrowed | 146 |  | — |  | 146 |  | (32) |  | — |  | (111) |  | 3
Total | $ | 5,391 |  | $ | — |  | $ | 5,391 |  | $ | (3,766) |  | $ | (1,114) |  | $ | (468) |  | $ | 43
(1) Represents the amount of assets that could be offset by liabilities with the same counterparty under master netting or similar arrangements that management elects not to offset on the Consolidated Balance Sheets.
Schedule of gross and net information about liabilities subject to master netting arrangements | The following tables present the gross and net information about the Company’s liabilities subject to master netting arrangements:
| June 30, 2024
| Gross Amounts of Recognized Liabilities |  | Gross Amounts Offset in the Consolidated Balance Sheets |  | Amounts of Liabilities Presented in the Consolidated Balance Sheets |  | Gross Amounts Not Offset in the Consolidated Balance Sheets |  | Net Amount
| Financial Instruments (1) |  | Cash Collateral |  | Securities Collateral
| (in millions)
Derivatives: |  |  |  |  |  |  |  |  |  |  |  |  |
OTC | $ | 4,912 |  | $ | — |  | $ | 4,912 |  | $ | (4,811) |  | $ | (3) |  | $ | (87) |  | $ | 11
OTC cleared | 86 |  | — |  | 86 |  | (28) |  | — |  | — |  | 58
Exchange-traded | 27 |  | — |  | 27 |  | (25) |  | — |  | — |  | 2
Total derivatives | 5,025 |  | — |  | 5,025 |  | (4,864) |  | (3) |  | (87) |  | 71
Securities loaned | 464 |  | — |  | 464 |  | (95) |  | — |  | (357) |  | 12
Total | $ | 5,489 |  | $ | — |  | $ | 5,489 |  | $ | (4,959) |  | $ | (3) |  | $ | (444) |  | $ | 83
| December 31, 2023
Gross Amounts of Recognized Liabilities |  | Gross Amounts Offset in the Consolidated Balance Sheets |  | Amounts of Liabilities Presented in the Consolidated Balance Sheets |  | Gross Amounts Not Offset in the Consolidated Balance Sheets |  | Net Amount
Financial Instruments (1) |  | Cash Collateral |  | Securities Collateral
(in millions)
Derivatives: |  |  |  |  |  |  |  |  |  |  |  |  |
OTC | $ | 3,829 |  | $ | — |  | $ | 3,829 |  | $ | (3,707) |  | $ | (36) |  | $ | (78) |  | $ | 8
OTC cleared | 35 |  | — |  | 35 |  | (9) |  | — |  | — |  | 26
Exchange-traded | 19 |  | — |  | 19 |  | (18) |  | — |  | — |  | 1
Total derivatives | 3,883 |  | — |  | 3,883 |  | (3,734) |  | (36) |  | (78) |  | 35
Securities loaned | 163 |  | — |  | 163 |  | (32) |  | — |  | (126) |  | 5
Total | $ | 4,046 |  | $ | — |  | $ | 4,046 |  | $ | (3,766) |  | $ | (36) |  | $ | (204) |  | $ | 40
(1) Represents the amount of liabilities that could be offset by assets with the same counterparty under master netting or similar arrangements that management elects not to offset on the Consolidated Balance Sheets.

X
- References No definition available. + Details
Name: | us-gaap_OffsettingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative and other financial assets that are subject to offsetting, including master netting arrangements. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483466/210-20-50-4 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483466/210-20-50-3 + Details
Name: | us-gaap_OffsettingAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative and other financial liabilities that are subject to offsetting, including master netting arrangements. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483466/210-20-50-4 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483466/210-20-50-3 + Details
Name: | us-gaap_OffsettingLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration