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Fair Value of Financial Instruments - Schedule of Changes to Fair Value of Financial Instruments Level 3 (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Liabilities        
Liabilities, Total (Losses) Gains Included in Earnings $ 209 $ (41) $ 145 $ 187
Liabilities, Total (Losses) Gains Included in AOCI 0 0 0 0
Liabilities, Purchases 328 333 584 669
Liabilities, Sales 0 0 0 0
Liabilities, Settlements (119) (108) (224) (175)
Liabilities, Net transfer In (Out) of Level 3 $ 0 $ 0 $ 0 $ 0
Fair Value, Liability, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Recognized gains and losses, net Recognized gains and losses, net Recognized gains and losses, net Recognized gains and losses, net
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration] Unrealized gain (loss) on investments and other financial instruments (excluding investments in unconsolidated affiliates) Unrealized gain (loss) on investments and other financial instruments (excluding investments in unconsolidated affiliates) Unrealized gain (loss) on investments and other financial instruments (excluding investments in unconsolidated affiliates) Unrealized gain (loss) on investments and other financial instruments (excluding investments in unconsolidated affiliates)
Level 3        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period $ 12,518 $ 10,476 $ 11,734 $ 9,677
Balance at End of Period 13,272 11,068 13,272 11,068
Liabilities        
Balance at Beginning of Period 6,016 5,180 5,843 4,661
Balance at End of Period 6,510 5,398 6,510 5,398
Indexed annuities/indexed universal life insurance ("IUL") embedded derivatives, included in Contractholder funds        
Liabilities        
Balance at Beginning of Period 5,316 4,679 5,220 4,258
Liabilities, Total (Losses) Gains Included in Earnings 202 (56) 135 144
Liabilities, Total (Losses) Gains Included in AOCI 0 0 0 0
Liabilities, Purchases 328 333 584 621
Liabilities, Sales 0 0 0 0
Liabilities, Settlements (119) (108) (212) (175)
Liabilities, Net transfer In (Out) of Level 3 0 0 0 0
Balance at End of Period 5,727 4,848 5,727 4,848
Change in Unrealized Gains (Losses) Included in OCI 0 0 0 0
Interest rate swaps, included in Accounts payable and accrued liabilities        
Liabilities        
Balance at Beginning of Period   19   0
Liabilities, Total (Losses) Gains Included in Earnings   9   28
Liabilities, Total (Losses) Gains Included in AOCI   0   0
Liabilities, Purchases   0   0
Liabilities, Sales   0   0
Liabilities, Settlements   0   0
Liabilities, Net transfer In (Out) of Level 3   0   0
Balance at End of Period   28   28
Change in Unrealized Gains (Losses) Included in OCI     0
Contingent consideration        
Liabilities        
Balance at Beginning of Period 64 57 74 0
Liabilities, Total (Losses) Gains Included in Earnings 3 6 5 15
Liabilities, Total (Losses) Gains Included in AOCI 0 0 0 0
Liabilities, Purchases 0 0 0 48
Liabilities, Sales 0 0 0 0
Liabilities, Settlements 0 0 (12) 0
Liabilities, Net transfer In (Out) of Level 3 0 0 0 0
Balance at End of Period 67 63 67 63
Change in Unrealized Gains (Losses) Included in OCI 0 0 0 0
Foreign currency swaps        
Liabilities        
Balance at Beginning of Period 1      
Liabilities, Total (Losses) Gains Included in Earnings 4      
Liabilities, Total (Losses) Gains Included in AOCI 0      
Liabilities, Purchases 0      
Liabilities, Sales 0      
Liabilities, Settlements 0      
Liabilities, Net transfer In (Out) of Level 3 0      
Balance at End of Period 5   5  
Change in Unrealized Gains (Losses) Included in OCI 0      
Derivative investments        
Liabilities        
Balance at Beginning of Period     0  
Liabilities, Total (Losses) Gains Included in Earnings     5  
Liabilities, Total (Losses) Gains Included in AOCI     0  
Liabilities, Purchases     0  
Liabilities, Sales     0  
Liabilities, Settlements     0  
Liabilities, Net transfer In (Out) of Level 3     0  
Balance at End of Period 5   5  
Change in Unrealized Gains (Losses) Included in OCI     0  
Asset-backed securities        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 8,848 7,736 8,143 7,122
Assets, Total (Losses) Gains Included in Earnings (4) 27 (3) 15
Assets, Total (Losses) Gains Included in AOCI 27 6 30 110
Assets, Purchases 694 704 1,723 1,466
Assets, Sales (55) (60) (198) (79)
Assets, Settlements (214) (344) (399) (546)
Assets, Net transfer In (Out) of Level 3 65 (27) 65 (46)
Balance at End of Period 9,361 8,042 9,361 8,042
Change in Unrealized Included in OCI 27 3 29 107
Commercial mortgage-backed securities        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 0 12 0 18
Assets, Total (Losses) Gains Included in Earnings 0 0 0 0
Assets, Total (Losses) Gains Included in AOCI 0 0 0 0
Assets, Purchases 3 57 3 58
Assets, Sales 0 0 0 0
Assets, Settlements 0 0 0 0
Assets, Net transfer In (Out) of Level 3 0 (54) 0 (61)
Balance at End of Period 3 15 3 15
Change in Unrealized Included in OCI 0 0 0 0
Corporates        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 3,006 2,184 2,957 1,979
Assets, Total (Losses) Gains Included in Earnings (3) 0 (16) 0
Assets, Total (Losses) Gains Included in AOCI 6 2 41 14
Assets, Purchases 367 303 719 520
Assets, Sales (14) (93) (328) (96)
Assets, Settlements (194) (20) (205) (42)
Assets, Net transfer In (Out) of Level 3 (3) (21) (3) (20)
Balance at End of Period 3,165 2,355 3,165 2,355
Change in Unrealized Included in OCI 7 0 40 13
Hybrids        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 6   0  
Assets, Total (Losses) Gains Included in Earnings 0   0  
Assets, Total (Losses) Gains Included in AOCI (1)   (1)  
Assets, Purchases 0   6  
Assets, Sales 0   0  
Assets, Settlements 0   0  
Assets, Net transfer In (Out) of Level 3 0   0  
Balance at End of Period 5   5  
Change in Unrealized Included in OCI 0   0  
Municipals        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 4 18 0 49
Assets, Total (Losses) Gains Included in Earnings 0 0 0 0
Assets, Total (Losses) Gains Included in AOCI 0 0 0 1
Assets, Purchases 0 0 4 0
Assets, Sales 0 (18) 0 (50)
Assets, Settlements (1) 0 (1) 0
Assets, Net transfer In (Out) of Level 3 0 0 0 0
Balance at End of Period 3 0 3 0
Change in Unrealized Included in OCI 0 0 0 1
Residential mortgage-backed securities        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 3 4 3 3
Assets, Total (Losses) Gains Included in Earnings 0 0 0 0
Assets, Total (Losses) Gains Included in AOCI 0 0 0 0
Assets, Purchases 2 0 2 1
Assets, Sales 0 0 0 0
Assets, Settlements 0 0 0 0
Assets, Net transfer In (Out) of Level 3 0 (1) 0 (1)
Balance at End of Period 5 3 5 3
Change in Unrealized Included in OCI 0 0 0 0
Foreign Governments        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 23 5 4 16
Assets, Total (Losses) Gains Included in Earnings 0 0 0 0
Assets, Total (Losses) Gains Included in AOCI 0 0 0 0
Assets, Purchases 0 0 19 0
Assets, Sales 0 0 0 0
Assets, Settlements 0 0 0 (11)
Assets, Net transfer In (Out) of Level 3 0 0 0 0
Balance at End of Period 23 5 23 5
Change in Unrealized Included in OCI 0 0 0 0
Preferred securities        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 8 8 8 8
Assets, Total (Losses) Gains Included in Earnings 0 0 (1) 0
Assets, Total (Losses) Gains Included in AOCI 0 0 1 0
Assets, Purchases 0 0 0 0
Assets, Sales 0 0 0 0
Assets, Settlements 0 0 0 0
Assets, Net transfer In (Out) of Level 3 0 0 0 0
Balance at End of Period 8 8 8 8
Change in Unrealized Included in OCI 0 0 0 0
Equity securities        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 10 14 10 15
Assets, Total (Losses) Gains Included in Earnings 0 (1) 0 (2)
Assets, Total (Losses) Gains Included in AOCI 0 0 0 0
Assets, Purchases 5 0 5 0
Assets, Sales 0 0 0 0
Assets, Settlements 0 0 0 0
Assets, Net transfer In (Out) of Level 3 0 0 0 0
Balance at End of Period 15 13 15 13
Change in Unrealized Included in OCI 0 0 0 0
Derivative investments        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period       57
Assets, Total (Losses) Gains Included in Earnings       (50)
Assets, Total (Losses) Gains Included in AOCI       1
Assets, Purchases       0
Assets, Sales       0
Assets, Settlements       0
Assets, Net transfer In (Out) of Level 3       0
Balance at End of Period   8   8
Change in Unrealized Included in OCI       1
Derivative investments        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 1 9 3  
Assets, Total (Losses) Gains Included in Earnings (2) (2) (2)  
Assets, Total (Losses) Gains Included in AOCI 0 1 (2)  
Assets, Purchases 1 0 1  
Assets, Sales 0 0 0  
Assets, Settlements 0 0 0  
Assets, Net transfer In (Out) of Level 3 0 0 0  
Balance at End of Period 0 8 0 8
Change in Unrealized Included in OCI 0 1 (2)  
Investment in unconsolidated affiliates        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 272 343 272 285
Assets, Total (Losses) Gains Included in Earnings 0 15 0 73
Assets, Total (Losses) Gains Included in AOCI 0 0 0 0
Assets, Purchases 0 0 0 0
Assets, Sales 0 0 0 0
Assets, Settlements 0 0 0 0
Assets, Net transfer In (Out) of Level 3 0 0 0 0
Balance at End of Period 272 358 272 358
Change in Unrealized Included in OCI 0 0 0 0
Short term investments        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 40 9 37 0
Assets, Total (Losses) Gains Included in Earnings 0 0 0 0
Assets, Total (Losses) Gains Included in AOCI 0 0 0 0
Assets, Purchases 3 62 6 71
Assets, Sales 0 0 0 0
Assets, Settlements (38) 0 (38) 0
Assets, Net transfer In (Out) of Level 3 0 0 0 0
Balance at End of Period 5 71 5 71
Change in Unrealized Included in OCI 0 0 0 0
Available-for-sale embedded derivative        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 32 30 32 27
Assets, Total (Losses) Gains Included in Earnings 0 0 0 0
Assets, Total (Losses) Gains Included in AOCI 4 1 4 4
Assets, Purchases 0 0 0 0
Assets, Sales 0 0 0 0
Assets, Settlements 0 0 0 0
Assets, Net transfer In (Out) of Level 3 0 0 0 0
Balance at End of Period 36 31 36 31
Change in Unrealized Included in OCI 4 1 4 4
Credit linked note        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period   9   10
Assets, Total (Losses) Gains Included in Earnings   1   1
Assets, Total (Losses) Gains Included in AOCI   0   0
Assets, Purchases   0   0
Assets, Sales   0   0
Assets, Settlements   (4)   (5)
Assets, Net transfer In (Out) of Level 3   0   0
Balance at End of Period   6   6
Change in Unrealized Included in OCI   0   0
Loan receivable        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 11   11  
Assets, Total (Losses) Gains Included in Earnings 0   0  
Assets, Total (Losses) Gains Included in AOCI 0   0  
Assets, Purchases 7   7  
Assets, Sales     0  
Assets, Settlements 0   0  
Assets, Net transfer In (Out) of Level 3 0   0  
Balance at End of Period 18   18  
Change in Unrealized Included in OCI 0   0  
Other assets        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 67 0 65 0
Assets, Total (Losses) Gains Included in Earnings 2 0 1 0
Assets, Total (Losses) Gains Included in AOCI 0 0 0 0
Assets, Purchases 71 50 74 50
Assets, Sales 0 0 0 0
Assets, Settlements 0 0 0 0
Assets, Net transfer In (Out) of Level 3 0 0 0 0
Balance at End of Period 140 50 140 50
Change in Unrealized Included in OCI 0 0 0 0
Subtotal Level 3 assets at fair value | Level 3        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 12,331 10,381 11,545 9,589
Assets, Total (Losses) Gains Included in Earnings (7) 40 (21) 37
Assets, Total (Losses) Gains Included in AOCI 36 10 73 130
Assets, Purchases 1,153 1,176 2,569 2,166
Assets, Sales (69) (171) (526) (225)
Assets, Settlements (447) (368) (643) (604)
Assets, Net transfer In (Out) of Level 3 62 (103) 62 (128)
Balance at End of Period 13,059 10,965 13,059 10,965
Change in Unrealized Included in OCI 38 5 71 126
Market risk benefits asset | Level 3        
Fixed maturity securities available-for-sale:        
Balance at Beginning of Period 187 95 189 88
Balance at End of Period 213 103 213 103
Subtotal Level 3 liabilities at fair value        
Liabilities        
Change in Unrealized Gains (Losses) Included in OCI 0 0 0 0
Subtotal Level 3 liabilities at fair value | Level 3        
Liabilities        
Balance at Beginning of Period 5,381 4,755 5,294 4,258
Balance at End of Period 5,799 4,939 5,799 4,939
Market risk benefits liability | Level 3        
Liabilities        
Balance at Beginning of Period 635 425 549 403
Balance at End of Period $ 711 $ 459 $ 711 $ 459