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Medium- And Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Schedule Of Medium- And Long-Term Debt

Medium- and long-term debt is summarized as follows:

(in millions)
December 31			2022						2021
Parent company
Subordinated notes:
3.80% subordinated notes due 2026 (a)			$	237					$	265
Medium- and long-term notes:
3.70% notes due 2023 (a)			841						877
4.00% notes due 2029 (a)			515						594
Total medium- and long-term notes			1,356						1,471
Total parent company			1,593						1,736
Subsidiaries
Subordinated notes:
4.00% subordinated notes due 2025 (a)			331						363
7.875% subordinated notes due 2026 (a)			165						190
5.332% subordinated notes due 2033 (a)			459						—
Total subordinated notes			955						553
Medium- and long-term notes:
2.50% notes due 2024 (a)			476						507
Total subsidiaries			1,431						1,060
Total medium- and long-term debt			$	3,024					$	2,796

(a)The fixed interest rates on these notes have been swapped to a variable rate and designated in a hedging relationship. Accordingly, carrying value has been adjusted to reflect the change in the fair value of the debt as a result of changes in the benchmark rate.

Schedule of Maturities of Medium- and Long-term Debt

At December 31, 2022, the principal maturities of medium- and long-term debt were as follows:

(in millions)
Years Ending December 31
2023			$	850
2024			500
2025			350
2026			400
2027			—
Thereafter			1,050
Total			$	3,150

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