XML 22 R12.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Investments | 6 Months Ended
--- | ---
Jun. 30, 2024
Investments |
Investments | 5. Investments Investments Investments and securities sold, not yet purchased consist of equities, bonds, bank debt and other corporate obligations, all of which are reported at fair value in our condensed consolidated balance sheets. In addition, our Investment segment has certain derivative transactions which are discussed in Note 7, “Financial Instruments.” The carrying value and detail by security type, including business sector for equity securities, with respect to investments and securities sold, not yet purchased held by our Investment segment consist of the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, | ​ | December 31,
​ |  | 2024 |  | 2023
​ | ​ | (in millions)
Assets | ​ | ​ | ​ | ​ | ​ | ​
Investments: |  | ​ |  |  | ​ |
Equity securities: |  | ​ |  |  | ​ |
Communications | ​ | $ | 20 | ​ | $ | —
Consumer, cyclical | ​ |  | 304 | ​ |  | 260
Energy | ​ |  | 62 | ​ |  | 708
Utilities | ​ |  | 882 | ​ |  | 1,012
Healthcare | ​ |  | 384 | ​ |  | 440
Technology | ​ |  | — | ​ |  | 139
Materials | ​ |  | 357 | ​ |  | 52
Industrial | ​ |  | 158 | ​ |  | —
​ | ​ |  | 2,167 | ​ |  | 2,611
Debt securities: | ​ | ​ | ​ | ​ | ​ | ​
Financials | ​ | ​ | — | ​ | ​ | 158
Real Estate | ​ | ​ | 29 | ​ | ​ | 44
Communications | ​ | ​ | — | ​ | ​ | 85
​ | ​ |  | 29 | ​ |  | 287
​ | ​ | $ | 2,196 | ​ | $ | 2,898
Liabilities | ​ |  |  | ​ |  |
Securities sold, not yet purchased, at fair value: | ​ |  |  | ​ |  |
Equity securities: | ​ |  |  | ​ |  |
Consumer, non-cyclical | ​ | $ | — | ​ | $ | 41
Consumer, cyclical | ​ | ​ | — | ​ | ​ | 3
Energy | ​ |  | 1,216 | ​ |  | 2,146
Utilities | ​ |  | 438 | ​ |  | 610
Materials | ​ |  | 248 | ​ |  | 350
Industrial | ​ | ​ | 163 | ​ | ​ | 138
​ | ​ | ​ | 2,065 | ​ | ​ | 3,288
Debt securities: | ​ | ​ | ​ | ​ | ​ | ​
Materials | ​ | ​ | 63 | ​ | ​ | 185
​ | ​ | $ | 2,128 | ​ | $ | 3,473
​ | ​ | ​ | ​ | ​ | ​ | ​
​ The portion of unrealized (losses) and gains that relates to securities still held by our Investment segment, primarily equity securities, was $(86) million and $(69) million for the three months ended June 30, 2024 and 2023, respectively, and $(360) million and $(124) million for the six months ended June 30, 2024 and 2023, respectively. ​ ​ Other Segments and Holding Company With the exception of certain equity method investments at our operating subsidiaries and our Holding Company disclosed in the table below, our investments are measured at fair value in our condensed consolidated balance sheets. The carrying value of investments held by our other segments and our Holding Company consist of the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, | ​ | December 31,
​ |  | 2024 |  | 2023
​ | ​ | (in millions)
Equity method investments | ​ | $ | 96 | ​ | $ | 100
Held to maturity debt investments measured at amortized cost | ​ | ​ | 11 | ​ | ​ | 11
Other investments measured at fair value | ​ |  | 3 | ​ |  | 3
​ | ​ | $ | 110 | ​ | $ | 114
​ There were no unrealized gains and (losses) that relates to equity securities still held by our other segments and Holding Company for each of the three and six months ended June 30, 2024 and 2023.

X
- Definition The entire disclosure for investments and other noncurrent assets. + References No definition available. + Details
Name: | us-gaap_InvestmentsAndOtherNoncurrentAssetsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ScheduleOfInvestmentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration