Net Investment Income

12 Months Ended

Dec. 31, 2022

Net Investment Income [Abstract]

Net Investment Income

NOTE 13. Net Investment Income:

The components of net investment income are summarized as follows:

	Year ended December 31,
	2022			2021			2020
	(in millions)
Interest on:
Debt securities	$	206		$	133		$	126
Deposits and other investments		135			47			69
Dividends on equity securities		9			11			11
Deferred compensation plan assets		(25	)		19			13
Equity in earnings of affiliates, net		11			7			6
Other		7			1			—
Total investment income		343			218			225
Investment expenses		(3	)		(3	)		(4	)
Net investment income	$	340		$	215		$	221