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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Parenthetical) - USD ($) $ in Millions | Dec. 31, 2024 | Dec. 31, 2023
--- | --- | ---
Debt securities, available-for-sale, allowance for credit loss, excluding accrued interest | $ 27 | $ 24
Amortized Cost | 47,127 | 13,281
Accumulated depreciation | 228 | 320
Property and equipment accumulated depreciation | 352 | 333
Intangible assets accumulated amortization | 56 | 2
Mortgage loans on real estate, net of allowance |  |
Allowance for credit losses | 155 | 53
Private loans |  |
Allowance for credit losses | $ 66 | $ 8
Series A Preferred Stock |  |
Preferred stock, par value (in usd per share) | $ 1 | $ 1
Preferred stock (in usd per share) | $ 25,000 | $ 25,000
Preferred shares authorized (in shares) | 20,000 | 20,000
Preferred stock issued (in shares) | 16,000 | 0
Preferred stock, shares outstanding (in shares) | 16,000 | 0
Series B Preferred Stock |  |
Preferred stock, par value (in usd per share) | $ 1 | $ 1
Preferred stock (in usd per share) | $ 25,000 | $ 25,000
Preferred shares authorized (in shares) | 12,000 | 12,000
Preferred stock issued (in shares) | 12,000 | 0
Preferred stock, shares outstanding (in shares) | 12,000 | 0

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