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v3.22.2.2

Fair Value - Reconciliations of Assets and Liabilities Measured at Fair Value on Recurring Basis Using Significant Unobservable Inputs (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021
Corporate and Other Bonds |  |  |  |
Reconciliations for All Assets and Liabilities [Roll Forward] |  |  |  |
Balance at beginning of period | $ 846 | $ 883 | $ 937 | $ 770
Included in Net Income | 1 | 1 | (1) | (9)
Included in OCI | (50) | 1 | (203) | (23)
Purchases | 9 | 55 | 127 | 219
Sales |  |  | (5) | (3)
Settlements | (4) | (11) | (63) | (35)
Transfers into Level 3 |  |  | 10 | 10
Transfers out of Level 3 |  | (52) |  | (52)
Balance at end of period | 802 | 877 | 802 | 877
Unrealized Gains (Losses) Recognized in Net Income (Loss) on Level 3 Assets and Liabilities Held at September 30 |  |  |  |
Unrealized Gains (Losses) Recognized in Other Comprehensive Income (Loss) on Level 3 Assets and Liabilities Held at September 30 | (51) | 2 | (203) | (22)
States, municipalities and political subdivisions |  |  |  |
Reconciliations for All Assets and Liabilities [Roll Forward] |  |  |  |
Balance at beginning of period | 46 | 57 | 56 | 46
Included in Net Income |  |  |  |
Included in OCI | (4) |  | (14) |
Purchases |  |  |  | 12
Sales |  |  |  |
Settlements |  |  |  | (1)
Transfers into Level 3 |  |  |  |
Transfers out of Level 3 |  |  |  |
Balance at end of period | 42 | 57 | 42 | 57
Unrealized Gains (Losses) Recognized in Net Income (Loss) on Level 3 Assets and Liabilities Held at September 30 |  |  |  |
Unrealized Gains (Losses) Recognized in Other Comprehensive Income (Loss) on Level 3 Assets and Liabilities Held at September 30 | (4) |  | (14) |
Total asset-backed |  |  |  |
Reconciliations for All Assets and Liabilities [Roll Forward] |  |  |  |
Balance at beginning of period | 641 | 410 | 556 | 308
Included in Net Income | 7 | 1 | 18 | 4
Included in OCI | (38) | 1 | (122) | (4)
Purchases | 116 | 83 | 348 | 197
Sales |  | (9) | (2) | (9)
Settlements | (14) | (11) | (54) | (38)
Transfers into Level 3 | 47 | 41 | 66 | 71
Transfers out of Level 3 | (43) | (38) | (94) | (51)
Balance at end of period | 716 | 478 | 716 | 478
Unrealized Gains (Losses) Recognized in Net Income (Loss) on Level 3 Assets and Liabilities Held at September 30 |  |  |  |
Unrealized Gains (Losses) Recognized in Other Comprehensive Income (Loss) on Level 3 Assets and Liabilities Held at September 30 | (38) |  | (121) | (5)
Fixed maturities available-for-sale |  |  |  |
Reconciliations for All Assets and Liabilities [Roll Forward] |  |  |  |
Balance at beginning of period | 1,533 | 1,350 | 1,549 | 1,124
Included in Net Income | 8 | 2 | 17 | (5)
Included in OCI | (92) | 2 | (339) | (27)
Purchases | 125 | 138 | 475 | 428
Sales | 0 | (9) | (7) | (12)
Settlements | (18) | (22) | (117) | (74)
Transfers into Level 3 | 47 | 41 | 76 | 81
Transfers out of Level 3 | (43) | (90) | (94) | (103)
Balance at end of period | 1,560 | 1,412 | 1,560 | 1,412
Unrealized Gains (Losses) Recognized in Net Income (Loss) on Level 3 Assets and Liabilities Held at September 30 | 0 | 0 | 0 | 0
Unrealized Gains (Losses) Recognized in Other Comprehensive Income (Loss) on Level 3 Assets and Liabilities Held at September 30 | (93) | 2 | (338) | (27)
Fixed maturities trading |  |  |  |
Reconciliations for All Assets and Liabilities [Roll Forward] |  |  |  |
Balance at beginning of period | 0 | 0 | 0 | 8
Included in Net Income |  |  |  | (6)
Included in OCI |  |  |  |
Purchases |  |  |  |
Sales |  |  |  |
Settlements |  |  |  | (2)
Transfers into Level 3 |  |  |  |
Transfers out of Level 3 |  |  |  |
Balance at end of period | 0 | 0 | 0 | 0
Unrealized Gains (Losses) Recognized in Net Income (Loss) on Level 3 Assets and Liabilities Held at September 30 |  |  |  |
Unrealized Gains (Losses) Recognized in Other Comprehensive Income (Loss) on Level 3 Assets and Liabilities Held at September 30 |  |  |  |
Fixed maturity securities |  |  |  |
Reconciliations for All Assets and Liabilities [Roll Forward] |  |  |  |
Balance at beginning of period | 1,533 | 1,350 | 1,549 | 1,132
Included in Net Income | 8 | 2 | 17 | (11)
Included in OCI | (92) | 2 | (339) | (27)
Purchases | 125 | 138 | 475 | 428
Sales | 0 | (9) | (7) | (12)
Settlements | (18) | (22) | (117) | (76)
Transfers into Level 3 | 47 | 41 | 76 | 81
Transfers out of Level 3 | (43) | (90) | (94) | (103)
Balance at end of period | 1,560 | 1,412 | 1,560 | 1,412
Unrealized Gains (Losses) Recognized in Net Income (Loss) on Level 3 Assets and Liabilities Held at September 30 | 0 | 0 | 0 | 0
Unrealized Gains (Losses) Recognized in Other Comprehensive Income (Loss) on Level 3 Assets and Liabilities Held at September 30 | (93) | 2 | (338) | (27)
Equity securities |  |  |  |
Reconciliations for All Assets and Liabilities [Roll Forward] |  |  |  |
Balance at beginning of period | 47 | 36 | 29 | 43
Included in Net Income | (7) | (2) | (7) | (15)
Included in OCI |  |  |  |
Purchases |  | 1 | 12 | 11
Sales |  | (11) | (3) | (15)
Settlements |  |  | 9 |
Transfers into Level 3 |  | 11 |  | 11
Transfers out of Level 3 | (10) | (10) | (10) | (10)
Balance at end of period | 30 | 25 | 30 | 25
Unrealized Gains (Losses) Recognized in Net Income (Loss) on Level 3 Assets and Liabilities Held at September 30 | (7) | (3) | (8) | (1)
Unrealized Gains (Losses) Recognized in Other Comprehensive Income (Loss) on Level 3 Assets and Liabilities Held at September 30 |  |  |  |

X
- Definition Amount of unrealized gain (loss) recognized in other comprehensive income (OCI) from asset measured at fair value on recurring basis using unobservable input (level 3) and still held. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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- Definition Amount of unrealized gain (loss) recognized in income from asset measured at fair value on recurring basis using unobservable input (level 3) and still held. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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- Definition Amount of gain (loss) recognized in income from asset measured at fair value on recurring basis using unobservable input (level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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