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FAIR VALUE DISCLOSURES - Assets and Liabilities Measured on Recurring Basis (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Investments    
Fixed maturities, AFS: $ 75,851 $ 76,641
Fixed maturities, at fair value using the fair value option [1] 2,416 2,053
Purchased market risk benefits 5,415 7,376
Liabilities:    
Notes issued by consolidated VIE's, at fair value using the fair value option [1] 2,530 2,116
Liability for market risk benefits 10,301 11,810
Accrued interest payable for notes issued by consolidated variable interest entity 16 11
Carrying
Value    
Investments    
Modco Payable 310 0
Carrying
Value | Other liabilities    
Investments    
Other equity investments 23 20
U.S. Treasury, government and agency    
Investments    
Fixed maturities, AFS: 3,780 4,288
States and political subdivisions    
Investments    
Fixed maturities, AFS: 311 386
Foreign governments    
Investments    
Fixed maturities, AFS: 518 554
Residential mortgage-backed    
Investments    
Fixed maturities, AFS: 6,566 4,383
Asset-backed    
Investments    
Fixed maturities, AFS: 15,772 13,752
Commercial mortgage-backed    
Investments    
Fixed maturities, AFS: 4,582 3,921
Redeemable preferred stock    
Investments    
Fixed maturities, AFS: 58 59
Recurring    
Investments    
Fixed maturities, AFS: 75,851 76,641
Fixed maturities, at fair value using the fair value option 2,416 2,053
Other equity investments 500 623
Trading securities 1,595 1,089
Other invested assets: 20,569 16,265
Cash equivalents 5,111 5,401
Segregated securities 425 500
Purchased market risk benefits 5,415 7,376
Assets for market risk benefits 762 863
Modco Payable (2) 0
Separate Accounts assets 136,430 134,203
Total Assets 249,072 245,014
Liabilities:    
Notes issued by consolidated VIE's, at fair value using the fair value option 2,514 2,105
Liability for market risk benefits 10,301 11,810
Contingent payment arrangements 9 9
Total Liabilities 34,147 31,136
Recurring | Liabilities of consolidated VIEs and VOEs    
Liabilities:    
Guarantees 20  
Recurring | Corporate    
Investments    
Fixed maturities, AFS: 44,264 49,298
Recurring | U.S. Treasury, government and agency    
Investments    
Fixed maturities, AFS: 3,780 4,288
Recurring | States and political subdivisions    
Investments    
Fixed maturities, AFS: 311 386
Recurring | Foreign governments    
Investments    
Fixed maturities, AFS: 518 554
Recurring | Residential mortgage-backed    
Investments    
Fixed maturities, AFS: 6,566 4,383
Recurring | Asset-backed    
Investments    
Fixed maturities, AFS: 15,772 13,752
Recurring | Commercial mortgage-backed    
Investments    
Fixed maturities, AFS: 4,582 3,921
Recurring | Redeemable preferred stock    
Investments    
Fixed maturities, AFS: 58 59
Recurring | Short-term investments    
Investments    
Other invested assets: 7 36
Recurring | Assets of consolidated VIEs/VOEs    
Investments    
Other invested assets: 375 155
Recurring | Swaps    
Investments    
Other invested assets: (351) (259)
Recurring | Credit default swaps    
Investments    
Other invested assets: (9) 2
Recurring | Futures    
Investments    
Other invested assets: (1) 3
Recurring | Options    
Investments    
Other invested assets: 20,524 16,328
Recurring | Forwards    
Investments    
Other invested assets: 24 0
Recurring | SCS, SIO, MSO and IUL indexed features’ liability    
Liabilities:    
Guarantees 21,303 17,212
Recurring | Level 1    
Investments    
Fixed maturities, AFS: 0 0
Fixed maturities, at fair value using the fair value option 0 0
Other equity investments 250 319
Trading securities 405 433
Other invested assets: 42 19
Cash equivalents 5,036 5,356
Segregated securities 0 2
Purchased market risk benefits 0 0
Assets for market risk benefits 0 0
Modco Payable 0 0
Separate Accounts assets 133,823 131,714
Total Assets 139,556 137,843
Liabilities:    
Notes issued by consolidated VIE's, at fair value using the fair value option 0 0
Liability for market risk benefits 0 0
Contingent payment arrangements 0 0
Total Liabilities 1 0
Recurring | Level 1 | Liabilities of consolidated VIEs and VOEs    
Liabilities:    
Guarantees 1  
Recurring | Level 1 | Corporate    
Investments    
Fixed maturities, AFS: 0 0
Recurring | Level 1 | U.S. Treasury, government and agency    
Investments    
Fixed maturities, AFS: 0 0
Recurring | Level 1 | States and political subdivisions    
Investments    
Fixed maturities, AFS: 0 0
Recurring | Level 1 | Foreign governments    
Investments    
Fixed maturities, AFS: 0 0
Recurring | Level 1 | Residential mortgage-backed    
Investments    
Fixed maturities, AFS: 0 0
Recurring | Level 1 | Asset-backed    
Investments    
Fixed maturities, AFS: 0 0
Recurring | Level 1 | Commercial mortgage-backed    
Investments    
Fixed maturities, AFS: 0 0
Recurring | Level 1 | Redeemable preferred stock    
Investments    
Fixed maturities, AFS: 0 0
Recurring | Level 1 | Short-term investments    
Investments    
Other invested assets: 0 0
Recurring | Level 1 | Assets of consolidated VIEs/VOEs    
Investments    
Other invested assets: 43 16
Recurring | Level 1 | Swaps    
Investments    
Other invested assets: 0 0
Recurring | Level 1 | Credit default swaps    
Investments    
Other invested assets: 0 0
Recurring | Level 1 | Futures    
Investments    
Other invested assets: (1) 3
Recurring | Level 1 | Options    
Investments    
Other invested assets: 0 0
Recurring | Level 1 | Forwards    
Investments    
Other invested assets: 0 0
Recurring | Level 1 | SCS, SIO, MSO and IUL indexed features’ liability    
Liabilities:    
Guarantees 0 0
Recurring | Level 2    
Investments    
Fixed maturities, AFS: 72,222 73,929
Fixed maturities, at fair value using the fair value option 2,038 1,778
Other equity investments 235 251
Trading securities 991 576
Other invested assets: 20,494 16,244
Cash equivalents 75 45
Segregated securities 425 498
Purchased market risk benefits 0 0
Assets for market risk benefits 0 0
Modco Payable 0 0
Separate Accounts assets 2,607 2,489
Total Assets 99,087 95,810
Liabilities:    
Notes issued by consolidated VIE's, at fair value using the fair value option 2,302 1,933
Liability for market risk benefits 0 0
Contingent payment arrangements 0 0
Total Liabilities 23,624 19,145
Recurring | Level 2 | Liabilities of consolidated VIEs and VOEs    
Liabilities:    
Guarantees 19  
Recurring | Level 2 | Corporate    
Investments    
Fixed maturities, AFS: 41,973 46,879
Recurring | Level 2 | U.S. Treasury, government and agency    
Investments    
Fixed maturities, AFS: 3,780 4,288
Recurring | Level 2 | States and political subdivisions    
Investments    
Fixed maturities, AFS: 311 386
Recurring | Level 2 | Foreign governments    
Investments    
Fixed maturities, AFS: 518 554
Recurring | Level 2 | Residential mortgage-backed    
Investments    
Fixed maturities, AFS: 6,511 4,383
Recurring | Level 2 | Asset-backed    
Investments    
Fixed maturities, AFS: 14,521 13,467
Recurring | Level 2 | Commercial mortgage-backed    
Investments    
Fixed maturities, AFS: 4,550 3,913
Recurring | Level 2 | Redeemable preferred stock    
Investments    
Fixed maturities, AFS: 58 59
Recurring | Level 2 | Short-term investments    
Investments    
Other invested assets: 7 36
Recurring | Level 2 | Assets of consolidated VIEs/VOEs    
Investments    
Other invested assets: 299 137
Recurring | Level 2 | Swaps    
Investments    
Other invested assets: (351) (259)
Recurring | Level 2 | Credit default swaps    
Investments    
Other invested assets: (9) 2
Recurring | Level 2 | Futures    
Investments    
Other invested assets: 0 0
Recurring | Level 2 | Options    
Investments    
Other invested assets: 20,524 16,328
Recurring | Level 2 | Forwards    
Investments    
Other invested assets: 24 0
Recurring | Level 2 | SCS, SIO, MSO and IUL indexed features’ liability    
Liabilities:    
Guarantees 21,303 17,212
Recurring | Level 3    
Investments    
Fixed maturities, AFS: 3,629 2,712
Fixed maturities, at fair value using the fair value option 378 275
Other equity investments 15 53
Trading securities 199 80
Other invested assets: 33 2
Cash equivalents 0 0
Segregated securities 0 0
Purchased market risk benefits 5,415 7,376
Assets for market risk benefits 762 863
Modco Payable (2) 0
Separate Accounts assets 0 0
Total Assets 10,429 11,361
Liabilities:    
Notes issued by consolidated VIE's, at fair value using the fair value option 212 172
Liability for market risk benefits 10,301 11,810
Contingent payment arrangements 9 9
Total Liabilities 10,522 11,991
Recurring | Level 3 | Liabilities of consolidated VIEs and VOEs    
Liabilities:    
Guarantees 0  
Recurring | Level 3 | Corporate    
Investments    
Fixed maturities, AFS: 2,291 2,419
Recurring | Level 3 | U.S. Treasury, government and agency    
Investments    
Fixed maturities, AFS: 0 0
Recurring | Level 3 | States and political subdivisions    
Investments    
Fixed maturities, AFS: 0 0
Recurring | Level 3 | Foreign governments    
Investments    
Fixed maturities, AFS: 0 0
Recurring | Level 3 | Residential mortgage-backed    
Investments    
Fixed maturities, AFS: 55 0
Recurring | Level 3 | Asset-backed    
Investments    
Fixed maturities, AFS: 1,251 285
Recurring | Level 3 | Commercial mortgage-backed    
Investments    
Fixed maturities, AFS: 32 8
Recurring | Level 3 | Redeemable preferred stock    
Investments    
Fixed maturities, AFS: 0 0
Recurring | Level 3 | Short-term investments    
Investments    
Other invested assets: 0 0
Recurring | Level 3 | Assets of consolidated VIEs/VOEs    
Investments    
Other invested assets: 33 2
Recurring | Level 3 | Swaps    
Investments    
Other invested assets: 0 0
Recurring | Level 3 | Credit default swaps    
Investments    
Other invested assets: 0 0
Recurring | Level 3 | Futures    
Investments    
Other invested assets: 0 0
Recurring | Level 3 | Options    
Investments    
Other invested assets: 0 0
Recurring | Level 3 | Forwards    
Investments    
Other invested assets: 0 0
Recurring | Level 3 | SCS, SIO, MSO and IUL indexed features’ liability    
Liabilities:    
Guarantees 0 0
Recurring | NAV    
Investments    
Separate Accounts assets $ 276 $ 320
[1] See Note 2 of the Notes to these Consolidated Financial Statements for details of balances with VIEs.