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Financial Instruments - Derivative Activities Table (Details) - Investment Segment - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Equity contracts    
Primary underlying risk:    
Long Notional Exposure $ 1,728 $ 1,813
Short Notional Exposure 2,249 1,845
Credit contracts    
Primary underlying risk:    
Long Notional Exposure 0 185 [1]
Short Notional Exposure [1] 40 55
Short notional amount of credit default swap positions 193 213
Commodity contracts    
Primary underlying risk:    
Short Notional Exposure $ 315 $ 90
[1] The short notional amount on our credit default swap positions was approximately $193 million and $213 million at June 30, 2025 and December 31, 2024, respectively. However, because credit spreads cannot compress below zero, our downside short notional exposure to loss is approximately $40 million and $55 million as of June 30, 2025 and December 31, 2024, respectively.