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Equity (Tables)
9 Months Ended
Sep. 30, 2025
Stockholders' Equity Note [Abstract]  
Schedule of Stock by Class [Table Text Block]
The changes in number of common stock shares issued, held in treasury and outstanding are as follows for the periods indicated:
IssuedHeld In TreasuryOutstanding
Balance, December 31, 202485,310,598 19,438,336 65,872,262 
Common stock acquired— 406,337 (406,337)
Equity based plans— (243,514)243,514 
Balance, September 30, 202585,310,598 19,601,159 65,709,439 
IssuedHeld In TreasuryOutstanding
Balance, December 31, 202385,310,598 19,689,885 65,620,713 
Common stock acquired— — — 
Equity based plans— (243,171)243,171 
Balance, September 30, 202485,310,598 19,446,714 65,863,884 
Components of Accumulated Other Comprehensive Income
The balance of and changes in each component of accumulated other comprehensive income (loss) (“AOCI”) for the nine months ended September 30, 2025 and 2024 are as follows (dollars in millions):
 Accumulated Other Comprehensive Income (Loss), Net of Income Tax
 Foreign Currency Translation Adjustments
Net Unrealized Investment Gains
(Losses) (1)
Pension and
Postretirement
Benefits
Effect of Updating Discount Rates on Future Policy BenefitsInstrument-Specific Credit Risk for Market Risk BenefitsTotal
Balance, December 31, 2024$(19)$(4,526)$(20)$5,412 $$849 
Other comprehensive income (loss) before reclassifications85 219 1,645 (1)1,954 
Amounts reclassified from AOCI— 175 — — — 175 
Deferred income tax benefit (expense)17 (67)(1)(375)— (426)
Balance, September 30, 2025$83 $(4,199)$(15)$6,682 $$2,552 
 Accumulated Other Comprehensive Income (Loss), Net of Income Tax
 Foreign Currency Translation Adjustments
Net Unrealized Investment Gains
(Losses) (1)
Pension and
Postretirement
Benefits
Effect of Updating Discount Rates on Future Policy BenefitsInstrument-Specific Credit Risk for Market Risk BenefitsTotal
Balance, December 31, 2023$69 $(3,668)$(29)$3,256 $$(369)
Other comprehensive income (loss) before reclassifications50 696 (1)938 1,687 
Amounts reclassified from AOCI— 389 — — 390 
Deferred income tax benefit (expense)(11)(217)— (207)(1)(436)
Balance, September 30, 2024$108 $(2,800)$(29)$3,987 $$1,272 
(1)Includes cash flow hedges of $(572) and $(495) as of September 30, 2025 and December 31, 2024, respectively, and $(229) and $(218) as of September 30, 2024 and December 31, 2023, respectively. See Note 11 – “Derivative Instruments” for additional information on cash flow hedges.
Reclassification Out Of Accumulated Other Comprehensive Income
The following table presents the amounts of AOCI reclassifications for the three and nine months ended September 30, 2025 and 2024 (dollars in millions):
Amount Reclassified from AOCI
Three months ended September 30,Nine months ended September 30,Affected Line Item in 
Statements of Income
Details about AOCI Components2025202420252024
Net unrealized investment gains (losses):
Net unrealized gains (losses) on available-for-sale securities$$(68)$(127)$(356)Investment related gains (losses), net
Cash flow hedges – Interest rate(1)
Cash flow hedges – Foreign currency(17)(20)(51)(42)(1)
Total(8)(85)(175)(389)
Provision for income taxes(9)18 25 79 
Net unrealized gains (losses), net of tax$(17)$(67)$(150)$(310)
Amortization of defined benefit plan items:
Prior service cost (credit)
$— $— $$(2)
Actuarial gains (losses)(1)(1)(1)(2)(2)
Total(1)(1)— (1)
Provision for income taxes— — — — 
Amortization of defined benefit plans, net of tax$(1)$(1)$— $(1)
Total reclassifications for the period$(18)$(68)$(150)$(311)
(1)See Note 11 – “Derivative Instruments” for additional information on cash flow hedges.
(2)This AOCI component is included in the computation of the net periodic pension cost. See Note 14 – “Employee Benefit Plans” for additional details.