XML 59 R47.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Net Investment Gains (Losses) (Detail) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Available-for-sale fixed maturity securities:        
Realized gains $ 21 $ 18 $ 28 $ 21
Realized losses (40) (48) (69) (67)
Net realized gains (losses) on available-for-sale fixed maturity securities (19) (30) (41) (46)
Net realized gains (losses) on equity securities sold 0 (1) 0 (1)
Total net realized investment gains (losses) (19) (31) (41) (47)
Net change in allowance for credit losses on available-for-sale fixed maturity securities 7 11 7 (4)
Write-down of available-for-sale fixed maturity securities [1] 0 (1) 0 (1)
Net unrealized gains (losses) on equity securities still held 12 21 44 32
Net unrealized gains (losses) on limited partnerships (52) 40 (9) 40
Commercial mortgage loans (1) 0 (3) (2)
Derivative instruments [2] (8) (1) (7) 11
Other 0 0 (3) (1)
Total net investment gains (losses) $ (61) $ 39 $ (12) $ 28
[1] Represents write-down of securities deemed uncollectible or that we intend to sell or will be required to sell prior to recovery of the amortized cost basis.
[2] See note 5 for additional information on the impact of derivative instruments included in net investment gains (losses).