XML 92 R81.htm IDEA: XBRL DOCUMENT v3.20.2
Fair Value Measurements - Financial Assets and Financial Liabilities Carried at Fair Value (Details) - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Financial assets at fair value:    
Debt securities $ 24,673 $ 23,755
Equity securities 124 64
Financial liabilities at fair value    
Unfunded commitments 50  
Recurring    
Financial assets at fair value:    
Debt securities 24,673 23,755
Equity securities 167 111
Short-term investments 458 423
Real estate funds priced at NAV as a practical expedient 165 184
Recurring | Other Derivatives    
Financial assets at fair value:    
Derivative assets 104 83
Financial liabilities at fair value    
Derivative liabilities 21 18
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring    
Financial assets at fair value:    
Debt securities 183 197
Equity securities 1 7
Short-term investments 0 0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring | Other Derivatives    
Financial assets at fair value:    
Derivative assets 0 0
Financial liabilities at fair value    
Derivative liabilities 0 0
Significant Other Observable Inputs (Level 2) | Recurring    
Financial assets at fair value:    
Debt securities 23,575 23,035
Equity securities 135 72
Short-term investments 458 423
Significant Other Observable Inputs (Level 2) | Recurring | Other Derivatives    
Financial assets at fair value:    
Derivative assets 104 83
Financial liabilities at fair value    
Derivative liabilities 21 18
Significant Unobservable Inputs (Level 3) | Recurring    
Financial assets at fair value:    
Debt securities 915 523
Equity securities 31 32
Short-term investments 0 0
Significant Unobservable Inputs (Level 3) | Recurring | Other Derivatives    
Financial assets at fair value:    
Derivative assets 0 0
Financial liabilities at fair value    
Derivative liabilities 0 0
Federal government and agency    
Financial assets at fair value:    
Debt securities 634 733
Federal government and agency | Recurring    
Financial assets at fair value:    
Debt securities 634 733
Federal government and agency | Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring    
Financial assets at fair value:    
Debt securities 183 197
Federal government and agency | Significant Other Observable Inputs (Level 2) | Recurring    
Financial assets at fair value:    
Debt securities 451 536
Federal government and agency | Significant Unobservable Inputs (Level 3) | Recurring    
Financial assets at fair value:    
Debt securities 0 0
State and local government    
Financial assets at fair value:    
Debt securities 713 810
State and local government | Recurring    
Financial assets at fair value:    
Debt securities 713 810
State and local government | Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring    
Financial assets at fair value:    
Debt securities 0 0
State and local government | Significant Other Observable Inputs (Level 2) | Recurring    
Financial assets at fair value:    
Debt securities 713 810
State and local government | Significant Unobservable Inputs (Level 3) | Recurring    
Financial assets at fair value:    
Debt securities 0 0
Foreign government    
Financial assets at fair value:    
Debt securities 2,402 2,256
Foreign government | Recurring    
Financial assets at fair value:    
Debt securities 2,402 2,256
Foreign government | Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring    
Financial assets at fair value:    
Debt securities 0 0
Foreign government | Significant Other Observable Inputs (Level 2) | Recurring    
Financial assets at fair value:    
Debt securities 2,381 2,228
Foreign government | Significant Unobservable Inputs (Level 3) | Recurring    
Financial assets at fair value:    
Debt securities 21 28
Corporate    
Financial assets at fair value:    
Debt securities 20,409 19,420
Corporate | Recurring    
Financial assets at fair value:    
Debt securities 20,409 19,420
Corporate | Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring    
Financial assets at fair value:    
Debt securities 0 0
Corporate | Significant Other Observable Inputs (Level 2) | Recurring    
Financial assets at fair value:    
Debt securities 19,662 19,063
Corporate | Significant Unobservable Inputs (Level 3) | Recurring    
Financial assets at fair value:    
Debt securities 747 357
Mortgage and other asset-backed    
Financial assets at fair value:    
Debt securities 515 536
Mortgage and other asset-backed | Recurring    
Financial assets at fair value:    
Debt securities 515 536
Mortgage and other asset-backed | Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring    
Financial assets at fair value:    
Debt securities 0 0
Mortgage and other asset-backed | Significant Other Observable Inputs (Level 2) | Recurring    
Financial assets at fair value:    
Debt securities 368 398
Mortgage and other asset-backed | Significant Unobservable Inputs (Level 3) | Recurring    
Financial assets at fair value:    
Debt securities $ 147 $ 138