XML 67 R56.htm IDEA: XBRL DOCUMENT v3.23.2
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 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Corporate bonds and other        
Reconciliations for All Assets and Liabilities [Roll Forward]        
Balance at beginning of period $ 912 $ 915 $ 810 $ 937
Included in Net Income (1) (2)
Included in OCI (15) (82) 9 (153)
Purchases 68 51 149 118
Sales (5)
Settlements (5) (37) (8) (59)
Transfers into Level 3 11 11 10
Transfers out of Level 3
Balance at end of period 971 846 971 846
Unrealized Gains (Losses) Recognized in Net Income (Loss) on Level 3 Assets and Liabilities Held at June 30
Unrealized Gains (Losses) Recognized in Other Comprehensive Income (Loss) on Level 3 Assets and Liabilities Held at June 30 (15) (81) 9 (153)
States, municipalities and political subdivisions        
Reconciliations for All Assets and Liabilities [Roll Forward]        
Balance at beginning of period 44 51 43 56
Included in Net Income
Included in OCI (1) (5) (10)
Purchases
Sales
Settlements
Transfers into Level 3
Transfers out of Level 3
Balance at end of period 43 46 43 46
Unrealized Gains (Losses) Recognized in Net Income (Loss) on Level 3 Assets and Liabilities Held at June 30
Unrealized Gains (Losses) Recognized in Other Comprehensive Income (Loss) on Level 3 Assets and Liabilities Held at June 30 (1) (5) (10)
Asset-backed        
Reconciliations for All Assets and Liabilities [Roll Forward]        
Balance at beginning of period 859 604 788 556
Included in Net Income 4 8 9 11
Included in OCI (7) (52) (84)
Purchases 87 92 142 232
Sales (2) (2)
Settlements (17) (23) (26) (40)
Transfers into Level 3 14 23 19
Transfers out of Level 3 (43) (53) (51)
Balance at end of period 883 641 883 641
Unrealized Gains (Losses) Recognized in Net Income (Loss) on Level 3 Assets and Liabilities Held at June 30
Unrealized Gains (Losses) Recognized in Other Comprehensive Income (Loss) on Level 3 Assets and Liabilities Held at June 30 (7) (52) (1) (83)
Fixed maturities available-for-sale        
Reconciliations for All Assets and Liabilities [Roll Forward]        
Balance at beginning of period 1,815 1,570 1,641 1,549
Included in Net Income 4 7 9 9
Included in OCI (23) (139) 9 (247)
Purchases 155 143 291 350
Sales 0 (2) 0 (7)
Settlements (22) (60) (34) (99)
Transfers into Level 3 11 14 34 29
Transfers out of Level 3 (43) 0 (53) (51)
Balance at end of period 1,897 1,533 1,897 1,533
Unrealized Gains (Losses) Recognized in Net Income (Loss) on Level 3 Assets and Liabilities Held at June 30 0 0 0 0
Unrealized Gains (Losses) Recognized in Other Comprehensive Income (Loss) on Level 3 Assets and Liabilities Held at June 30 (23) (138) 8 (246)
Equity securities        
Reconciliations for All Assets and Liabilities [Roll Forward]        
Balance at beginning of period 29 44 35 29
Included in Net Income (1) (3) (7)
Included in OCI
Purchases 12
Sales (2) (3) (2) (3)
Settlements 9 9
Transfers into Level 3
Transfers out of Level 3
Balance at end of period 26 47 26 47
Unrealized Gains (Losses) Recognized in Net Income (Loss) on Level 3 Assets and Liabilities Held at June 30 (1) (3) (7) (1)
Unrealized Gains (Losses) Recognized in Other Comprehensive Income (Loss) on Level 3 Assets and Liabilities Held at June 30