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Commitments and Contingencies (Tables)
 12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Lease Costs
The following table presents the lease costs and payments related to operating and finance leases for the years ended December 31, 2024, 2023 and 2022:
202420232022
Operating lease costs$26 $22 $21 
Finance lease costs11 9 19 
Amortization of the right of use assets(1)
7 5 19 
Payments for finance lease liabilities10 20 21 
Payments for operating lease liabilities28 26 18 
(1)Included in the finance lease costs.
Schedule of Future Net Minimum Payments Under Non-cancelable Operating Leases
The future net minimum payments under non-cancelable leases are as follows as of December 31, 2024:
Operating LeasesFinance Leases
2025
$23 $12 
2026
20 12 
2027
18 12 
2028
16 13 
2029
12 13 
Thereafter51 27 
Total undiscounted lease payments140 89 
Less: Imputed interest28 15 
Total Lease liabilities$112 $74 
Schedule of Future Net Minimum Payments Under Non-cancelable Finance Leases
The future net minimum payments under non-cancelable leases are as follows as of December 31, 2024:
Operating LeasesFinance Leases
2025
$23 $12 
2026
20 12 
2027
18 12 
2028
16 13 
2029
12 13 
Thereafter51 27 
Total undiscounted lease payments140 89 
Less: Imputed interest28 15 
Total Lease liabilities$112 $74 
Schedule of Restricted Assets The fair value of restricted assets were as follows as of December 31, 2024 and 2023:
20242023
Fixed maturity collateral pledged to FHLB(1)
$2,007 $1,956 
FHLB restricted stock(2)
65 64 
Fixed maturities-state and other deposits
35 37 
Cash and cash equivalents21 25 
Securities pledged(3)
1,523 1,160 
Total restricted assets$3,651 $3,242 
(1) Included in Fixed maturities, available-for-sale, at fair value on the Consolidated Balance Sheets.
(2) Included in Other investments on the Consolidated Balance Sheets.
(3) Includes the fair value of loaned securities of $1,083 and $842 as of December 31, 2024 and 2023, respectively. In addition, as of December 31, 2024 and 2023, the Company delivered securities as collateral of $159 and $201, and repurchase agreements of $281 and $117, respectively. Loaned securities and securities delivered as collateral are included in Securities pledged on the Consolidated Balance Sheets.