XML 142 R81.htm IDEA: XBRL DOCUMENT v3.25.0.1
Investments - Available-for-Sale Securities (Details) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]        
Fixed maturities, available-for-sale, at fair value, amortized cost $ 44,538 $ 41,726    
Debt Securities, Available-for-sale, Allowance for Credit Loss (16) (21) $ (12) $ (1)
Gross Unrealized Gains, fixed maturities, available-for-sale 272 418    
Gross Unrealized Losses, fixed maturities, available-for-sale (2,227) (2,305)    
Total fixed maturities 42,567 39,818    
Amortized Cost        
One year or less 1,308 1,526    
Over one year through five years 9,564 9,670    
Over five years through ten years 7,687 6,568    
Over ten years 10,208 9,370    
Subtotal 28,767 27,134    
Mortgage-backed and asset-backed securities 15,771 14,592    
Fair Value        
One year or less 1,298 1,501    
Over one year through five years 9,414 9,433    
Over five years through ten years 7,334 6,211    
Over ten years 9,368 8,851    
Subtotal 27,414 25,996    
Mortgage-backed and asset-backed securities 15,153 13,822    
ABS        
Debt Securities, Available-for-sale [Line Items]        
Fixed maturities, available-for-sale, at fair value, amortized cost 3,948 3,347    
Debt Securities, Available-for-sale, Allowance for Credit Loss 0 0    
Gross Unrealized Gains, fixed maturities, available-for-sale 28 18    
Gross Unrealized Losses, fixed maturities, available-for-sale (39) (45)    
Total fixed maturities 3,937 3,320    
Collateralized Loan Obligations [Member]        
Debt Securities, Available-for-sale [Line Items]        
Fixed maturities, available-for-sale, at fair value, amortized cost 3,237 3,104    
Debt Securities, Available-for-sale, Allowance for Credit Loss 0 0    
Gross Unrealized Gains, fixed maturities, available-for-sale 13 3    
Gross Unrealized Losses, fixed maturities, available-for-sale 0 (17)    
Total fixed maturities 3,250 3,090    
CMBS        
Debt Securities, Available-for-sale [Line Items]        
Fixed maturities, available-for-sale, at fair value, amortized cost 2,976 3,466    
Debt Securities, Available-for-sale, Allowance for Credit Loss (13) (12) (10) 0
Gross Unrealized Gains, fixed maturities, available-for-sale 21 19    
Gross Unrealized Losses, fixed maturities, available-for-sale (248) (348)    
Total fixed maturities 2,736 3,125    
Corporate        
Debt Securities, Available-for-sale [Line Items]        
Fixed maturities, available-for-sale, at fair value, amortized cost 21,555 18,691    
Debt Securities, Available-for-sale, Allowance for Credit Loss (3) (9) (2) (1)
Gross Unrealized Gains, fixed maturities, available-for-sale 117 197    
Gross Unrealized Losses, fixed maturities, available-for-sale (1,033) (1,013)    
Total fixed maturities 20,636 17,866    
Foreign government/government agencies        
Debt Securities, Available-for-sale [Line Items]        
Fixed maturities, available-for-sale, at fair value, amortized cost 500 583    
Debt Securities, Available-for-sale, Allowance for Credit Loss 0 0 $ 0 $ 0
Gross Unrealized Gains, fixed maturities, available-for-sale 3 6    
Gross Unrealized Losses, fixed maturities, available-for-sale (23) (27)    
Total fixed maturities 480 562    
Municipal        
Debt Securities, Available-for-sale [Line Items]        
Fixed maturities, available-for-sale, at fair value, amortized cost 5,574 6,207    
Debt Securities, Available-for-sale, Allowance for Credit Loss 0 0    
Gross Unrealized Gains, fixed maturities, available-for-sale 77 131    
Gross Unrealized Losses, fixed maturities, available-for-sale (347) (299)    
Total fixed maturities 5,304 6,039    
Residential mortgage-backed securities ("RMBS")        
Debt Securities, Available-for-sale [Line Items]        
Fixed maturities, available-for-sale, at fair value, amortized cost 5,610 4,675    
Debt Securities, Available-for-sale, Allowance for Credit Loss 0 0    
Gross Unrealized Gains, fixed maturities, available-for-sale 13 18    
Gross Unrealized Losses, fixed maturities, available-for-sale (393) (406)    
Total fixed maturities 5,230 4,287    
U.S. Treasuries        
Debt Securities, Available-for-sale [Line Items]        
Fixed maturities, available-for-sale, at fair value, amortized cost 1,138 1,653    
Debt Securities, Available-for-sale, Allowance for Credit Loss 0 0    
Gross Unrealized Gains, fixed maturities, available-for-sale 0 26    
Gross Unrealized Losses, fixed maturities, available-for-sale (144) (150)    
Total fixed maturities $ 994 $ 1,529