XML 64 R52.htm IDEA: XBRL DOCUMENT v3.24.3
INVESTMENTS - Narrative (Details)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2024
USD ($)
loan
issue
note
Sep. 30, 2023
USD ($)
Sep. 30, 2024
USD ($)
loan
issue
Sep. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
issue
loan
extension
Net Investment Income [Line Items]          
Number of positions in unrealized loss position | issue 3,635   3,635   4,402
Debt securities exposure in single issuer greater than stated percentage of total investments 0.80%   0.80%    
Amortized cost of fixed maturities available-for-sale $ 81,681,000,000   $ 81,681,000,000   $ 74,033,000,000
12 months or longer, gross unrealized losses 6,275,000,000   6,275,000,000   7,261,000,000
Loaned securities 124,000,000   $ 124,000,000   113,000,000
Minimum requirement percentage of the fair value of the loaned securities to be held as cash collateral     102.00%    
Cash collateral 127,000,000   $ 127,000,000   116,000,000
Allowance for credit losses 261,000,000 $ 209,000,000 261,000,000 $ 209,000,000 279,000,000
Non-accruing Loans $ 69,000,000   $ 69,000,000   $ 253,000,000
Number of loans | loan 0   1   4
Number of loans split into notes | note 2        
Number of notes with original loan terms | note 1        
Amortized cost $ 65,000,000       $ 236,000,000
Percentage of total commercial mortgage loans representing amortized cost         1.50%
Number of troubled debt restructuring extensions | extension         2
Separate account equity investment carrying value 60,000,000   $ 60,000,000   $ 49,000,000
Interest credited to policyholders account balances participating group annuity contracts 0 0 1,000,000 1,000,000  
Recurring          
Net Investment Income [Line Items]          
Trading securities, at fair value 2,215,000,000   2,215,000,000   $ 1,057,000,000
Minimum          
Net Investment Income [Line Items]          
Debt instrument, term         17 months
Maximum          
Net Investment Income [Line Items]          
Debt instrument, term         4 years
Commercial, Agricultural And Residential Mortgage Loan          
Net Investment Income [Line Items]          
Accrued investment income receivable $ 93,000,000   93,000,000   $ 82,000,000
Accrued interest written off     $ 0 0  
Individually Assessed Mortgage Loans          
Net Investment Income [Line Items]          
Number of foreclosed mortgage loans | loan 1   1    
Amortized cost of foreclosed mortgage loans $ 108,000,000   $ 108,000,000    
Allowance for credit losses 54,000,000   54,000,000    
Cost of wholly owned real estate re-acquired as a result of mortgage loan foreclosure $ 56,000,000   $ 56,000,000    
Number of mortgage loans, foreclosure probable | loan 0   0   0
Mortgage Loans          
Net Investment Income [Line Items]          
Non-accruing Loans $ 36,000,000   $ 36,000,000   $ 127,000,000
Fixed maturities          
Net Investment Income [Line Items]          
Accrued investment income receivable 684,000,000   684,000,000   626,000,000
Accrued interest written off 0 $ 0 0 $ 0  
Amortized cost of fixed maturities available-for-sale 81,700,000,000   81,700,000,000   74,000,000,000.0
Fixed maturities | Non-Investment Grade          
Net Investment Income [Line Items]          
Available-for-sale securities, amortized cost basis other than investment grade $ 2,000,000,000.0   $ 2,000,000,000.0   $ 2,600,000,000
Percentage of available for sale securities 2.40%   2.40%   3.50%
Unrealized loss on available for sale securities $ 58,000,000   $ 58,000,000   $ 101,000,000
Public Corporate          
Net Investment Income [Line Items]          
Exposure in single issuer of total investments $ 400,000,000   $ 400,000,000   $ 360,000,000
Debt securities exposure in single issuer of total investments, percentage 8.00%   8.00%   8.20%
Amortized cost of fixed maturities available-for-sale $ 53,453,000,000   $ 53,453,000,000   $ 49,786,000,000
12 months or longer, gross unrealized losses $ 4,555,000,000   $ 4,555,000,000   $ 5,231,000,000