Consolidated Balance Sheets - USD ($) $ in Millions		Jun. 30, 2025		Dec. 31, 2024
Investments and cash:
Fixed maturity securities, available-for-sale		$ 68,879		$ 65,269
Fixed maturity securities, held-to-maturity		17,434	[1]	15,966
Equity securities		882		796
Commercial mortgage and other loans		10,264		10,869
Other investments		7,345		5,958
Cash and cash equivalents		6,965		6,229
Total investments and cash		111,769		105,087
Receivables		873		779
Accrued investment income		753		710
Deferred policy acquisition costs		9,296		8,758
Property and equipment, at cost less accumulated depreciation		390		387
Other		1,655		1,845
Total assets		124,736		117,566
Policy liabilities:
Future policy benefits		71,099		70,381
Unpaid policy claims		426		381
Unearned premiums		1,377		1,286
Other policyholders’ funds		6,002		5,460
Total policy liabilities		78,904		77,508
Income taxes		685		573
Payables for return of cash collateral on loaned securities		5,767		2,037
Notes payable and lease obligations		8,933		7,498
Other		3,247		3,852
Total liabilities		97,536		91,468
Commitments and contingent liabilities (Note 13)
Shareholders’ equity:
Common stock of $.10 par value. In thousands: authorized 1,900,000 shares in 2025 and 2024; issued 1,357,790 shares in 2025 and 1,356,763 shares in 2024		136		136
Additional paid-in capital		2,958		2,894
Retained earnings		52,595		52,277
Accumulated other comprehensive income (loss):
Unrealized foreign currency translation gains (losses)		(4,282)		(4,998)
Unrealized gains (losses) on fixed maturity securities		(1,828)		24
Unrealized gains (losses) on derivatives		(17)		(20)
Effect of changes in discount rate assumptions		5,594		2,006
Pension liability adjustment		42		10
Treasury stock, at average cost		(27,998)		(26,231)
Total shareholders’ equity		27,200		26,098
Total liabilities and shareholders’ equity		124,736		117,566
Consolidated Entity Excluding Variable Interest Entities (VIE)
Investments and cash:
Fixed maturity securities, available-for-sale		65,204		61,841
Variable Interest Entity, Consolidated
Investments and cash:
Fixed maturity securities, available-for-sale		3,675		3,428
Commercial mortgage and other loans		8,207		8,693
Other investments	[2]	2,220		2,176
Total assets		14,147		14,350
Policy liabilities:
Total liabilities		$ 589		$ 604

[1] Net of allowance for credit losses

[2] Consists entirely of alternative investments in limited partnerships, which represent VIEs where the Company is not the primary beneficiary and, therefore, are not consolidated