XML 56 R45.htm IDEA: XBRL DOCUMENT v3.24.3
INVESTMENTS - Schedule of Roll Forward of Allowance for Credit Losses of Fixed Maturities, Available for Sale (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]        
Beginning balance $ (42) $ (63) $ (48) $ (54)
Credit losses on securities where credit losses were not previously recorded (9) (3) (9) (17)
Increases in allowance on previously impaired securities 0 0 0 0
Decreases in allowance on previously impaired securities 0 0 0 0
Reduction in allowance due to disposals 0 6 6 12
Balance, end of period (51) (60) (51) (60)
Corporate Securities        
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]        
Beginning balance (42) (56) (47) (45)
Credit losses on securities where credit losses were not previously recorded (9) (3) (9) (17)
Increases in allowance on previously impaired securities 0 0 0 0
Decreases in allowance on previously impaired securities 0 0 0 0
Reduction in allowance due to disposals 0 2 5 6
Balance, end of period (50) (57) (50) (57)
Municipals        
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]        
Beginning balance   0 0 0
Credit losses on securities where credit losses were not previously recorded   0   0
Increases in allowance on previously impaired securities   0   0
Decreases in allowance on previously impaired securities   0   0
Reduction in allowance due to disposals   0   0
Balance, end of period 0 (1) 0 (1)
Foreign corporate securities        
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]        
Beginning balance 0 (7) (1) (10)
Credit losses on securities where credit losses were not previously recorded 0 0 0 0
Increases in allowance on previously impaired securities 0 0 0 0
Decreases in allowance on previously impaired securities 0 0 0 0
Reduction in allowance due to disposals 0 4 1 6
Balance, end of period $ 0 $ (3) $ 0 $ (3)