XML 63 R51.htm IDEA: XBRL DOCUMENT v3.25.2
INVESTMENTS - Available-for-sale Securities (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Debt Securities, Available-for-sale [Line Items]          
Amortized Cost $ 86,819   $ 86,819   $ 84,717
Allowance for Credit Losses 3   3   2
Gross Unrealized Gains 787   787   373
Gross Unrealized Losses 7,509   7,509   8,447
Fair Value 80,094   80,094   76,641
Amortized Cost (Less Allowance for Credit Losses)          
Due in one year or less 2,620   2,620    
Due in years two through five 16,176   16,176    
Due in years six through ten 17,589   17,589    
Due after ten years 24,258   24,258    
Subtotal 60,643   60,643    
Amortized Cost (Less Allowance for Credit Losses) 86,816   86,816    
Fair Value          
Due in one year or less 2,605   2,605    
Due in years two through five 15,949   15,949    
Due in years six through ten 17,200   17,200    
Due after ten years 18,429   18,429    
Subtotal 54,183   54,183    
Fair Value 80,094   80,094   76,641
Fixed Maturities Proceeds Gross Gains And Gross Losses From Sales And Other Than Temporary Impairments          
Proceeds from sales 2,961 $ 1,331 4,263 $ 1,775  
Gross gains on sales 7 5 9 5  
Gross losses on sales (30) (3) (33) (27)  
Net (increase) decrease in Allowance for Credit and Intent to Sell losses (13) (3) (19) (5)  
Fixed Maturities - Credit Loss Impairments          
Balance, beginning of period 53 48 47 48  
Previously recognized impairments on securities that matured, paid, prepaid or sold (5) (4) (5) (8)  
Recognized impairments on securities impaired to fair value this period 0 0 0 0  
Credit losses recognized this period on securities for which credit losses were not previously recognized 12 3 17 6  
Additional credit losses this period on securities previously impaired 1 3 2 4  
Balance, end of period 61 $ 50 61 $ 50  
Corporate          
Debt Securities, Available-for-sale [Line Items]          
Amortized Cost 53,506   53,506   55,218
Allowance for Credit Losses 3   3   2
Gross Unrealized Gains 579   579   251
Gross Unrealized Losses 5,378   5,378   6,116
Fair Value 48,704   48,704   49,351
Fair Value          
Fair Value 48,704   48,704   49,351
U.S. government, agencies and authorities          
Debt Securities, Available-for-sale [Line Items]          
Amortized Cost 5,983   5,983   5,801
Allowance for Credit Losses 0   0   0
Gross Unrealized Gains 3   3   0
Gross Unrealized Losses 1,467   1,467   1,513
Fair Value 4,519   4,519   4,288
Fair Value          
Fair Value 4,519   4,519   4,288
States and political subdivisions          
Debt Securities, Available-for-sale [Line Items]          
Amortized Cost 467   467   472
Allowance for Credit Losses 0   0   0
Gross Unrealized Gains 2   2   2
Gross Unrealized Losses 84   84   88
Fair Value 385   385   386
Fair Value          
Fair Value 385   385   386
Foreign governments          
Debt Securities, Available-for-sale [Line Items]          
Amortized Cost 690   690   689
Allowance for Credit Losses 0   0   0
Gross Unrealized Gains 2   2   1
Gross Unrealized Losses 117   117   136
Fair Value 575   575   554
Fair Value          
Fair Value 575   575   554
Residential mortgage-backed          
Debt Securities, Available-for-sale [Line Items]          
Amortized Cost 5,505   5,505   4,520
Allowance for Credit Losses 0   0   0
Gross Unrealized Gains 60   60   15
Gross Unrealized Losses 111   111   152
Fair Value 5,454   5,454   4,383
Amortized Cost (Less Allowance for Credit Losses)          
Without single maturity date 5,505   5,505    
Fair Value          
Without single maturity date 5,454   5,454    
Fair Value 5,454   5,454   4,383
Asset-backed          
Debt Securities, Available-for-sale [Line Items]          
Amortized Cost 15,774   15,774   13,660
Allowance for Credit Losses 0   0   0
Gross Unrealized Gains 117   117   96
Gross Unrealized Losses 49   49   57
Fair Value 15,842   15,842   13,699
Amortized Cost (Less Allowance for Credit Losses)          
Without single maturity date 15,774   15,774    
Fair Value          
Without single maturity date 15,842   15,842    
Fair Value 15,842   15,842   13,699
Commercial mortgage-backed          
Debt Securities, Available-for-sale [Line Items]          
Amortized Cost 4,840   4,840   4,301
Allowance for Credit Losses 0   0   0
Gross Unrealized Gains 20   20   5
Gross Unrealized Losses 303   303   385
Fair Value 4,557   4,557   3,921
Amortized Cost (Less Allowance for Credit Losses)          
Without single maturity date 4,840   4,840    
Fair Value          
Without single maturity date 4,557   4,557    
Fair Value 4,557   4,557   3,921
Redeemable preferred stock          
Debt Securities, Available-for-sale [Line Items]          
Amortized Cost 54   54   56
Allowance for Credit Losses 0   0   0
Gross Unrealized Gains 4   4   3
Gross Unrealized Losses 0   0   0
Fair Value 58   58   59
Amortized Cost (Less Allowance for Credit Losses)          
Without single maturity date 54   54    
Fair Value          
Without single maturity date 58   58    
Fair Value $ 58   $ 58   $ 59