XML 62 R50.htm IDEA: XBRL DOCUMENT v3.21.2
Investments - Consolidated Investments (Details) - USD ($)
$ in Millions
Sep. 30, 2021
Jun. 30, 2021
Dec. 31, 2020
Available-for-sale securities      
Total fixed maturity available-for-sale securities, Amortized Cost $ 28,837   $ 25,577
Allowance for Expected Credit Losses (8) $ (13) (19)
Gross Unrealized Gains 1,797   2,068
Gross Unrealized Losses (191)   (39)
Fair Value/ Carrying Value 30,435   27,587
Asset-backed securities      
Available-for-sale securities      
Total fixed maturity available-for-sale securities, Amortized Cost 7,916   5,941
Allowance for Expected Credit Losses (3) (4) 0
Gross Unrealized Gains 293   343
Gross Unrealized Losses (15)   (18)
Fair Value/ Carrying Value 8,191   6,266
Commercial mortgage-backed securities      
Available-for-sale securities      
Total fixed maturity available-for-sale securities, Amortized Cost 2,619   2,490
Allowance for Expected Credit Losses (1) (1) 0
Gross Unrealized Gains 411   342
Gross Unrealized Losses (5)   (3)
Fair Value/ Carrying Value 3,024   2,829
Corporates      
Available-for-sale securities      
Total fixed maturity available-for-sale securities, Amortized Cost 14,441   13,582
Allowance for Expected Credit Losses 0 (5) (16)
Gross Unrealized Gains 887   1,184
Gross Unrealized Losses (151)   (15)
Fair Value/ Carrying Value 15,177   14,735
Hybrids      
Available-for-sale securities      
Total fixed maturity available-for-sale securities, Amortized Cost 834   914
Allowance for Expected Credit Losses 0   0
Gross Unrealized Gains 89   80
Gross Unrealized Losses 0   0
Fair Value/ Carrying Value 923   994
Municipals      
Available-for-sale securities      
Total fixed maturity available-for-sale securities, Amortized Cost 1,306   1,333
Allowance for Expected Credit Losses 0   0
Gross Unrealized Gains 71   72
Gross Unrealized Losses (9)   (2)
Fair Value/ Carrying Value 1,368   1,403
Residential mortgage-backed securities      
Available-for-sale securities      
Total fixed maturity available-for-sale securities, Amortized Cost 714   806
Allowance for Expected Credit Losses (4) $ (3) (3)
Gross Unrealized Gains 33   23
Gross Unrealized Losses (2)   (1)
Fair Value/ Carrying Value 741   825
U.S. Government      
Available-for-sale securities      
Total fixed maturity available-for-sale securities, Amortized Cost 808   332
Allowance for Expected Credit Losses 0   0
Gross Unrealized Gains 5   10
Gross Unrealized Losses (8)   0
Fair Value/ Carrying Value 805   342
Foreign Governments      
Available-for-sale securities      
Total fixed maturity available-for-sale securities, Amortized Cost 199   179
Allowance for Expected Credit Losses 0   0
Gross Unrealized Gains 8   14
Gross Unrealized Losses (1)   0
Fair Value/ Carrying Value $ 206   $ 193