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Debt (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of debt instruments
Debt is composed of the following long-term obligations.
December 31
(In millions)20242023
Short-term debt:
Senior notes of CNAF: 3.950%, face amount of $550, due May 15, 2024
$— $550 
Long-term debt:
Senior notes of CNAF:
4.500%, face amount of $500, due March 1, 2026
500 500 
3.450%, face amount of $500, due August 15, 2027
498 498 
3.900%, face amount of $500, due May 1, 2029
498 497 
2.050%, face amount of $500, due August 15, 2030
497 496 
5.500%, face amount of $500, due June 15, 2033
491 490 
5.125%, face amount of $500, due February 15, 2034
489 — 
Total long-term debt2,973 2,481 
Total debt$2,973 $3,031 
Maturity of debt
The combined aggregate maturities for debt as of December 31, 2024 are presented in the following table.
(In millions)
2025$— 
2026500 
2027500 
2028— 
2029500 
Thereafter1,500 
Less: discount(27)
Total$2,973