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Schedule I
12 Months Ended
Dec. 31, 2022
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Abstract]  
Schedule I
Summary of Investments – Other than Investments in Related Parties

Schedule I
At December 31, 2022Amount at
which shown in
the Balance sheet
(in millions)
Cost(a)
Fair value
Fixed maturities:
U.S. government and government sponsored entities$7,094 $6,619 $6,619 
Obligations of states, municipalities and political subdivisions13,306 12,210 12,210 
Non-U.S. governments15,199 13,551 13,551 
Public utilities23,095 19,190 19,190 
All other corporate debt securities139,538 121,041 121,041 
Mortgage-backed, asset-backed and collateralized62,246 58,030 58,030 
Total fixed maturity securities260,478 230,641 230,641 
Equity securities and mutual funds:
Common stock:
Public utilities
Banks, trust and insurance companies155 155 155 
Industrial, miscellaneous and all other172 172 172 
Total common stock328 328 328 
Preferred stock32 32 32 
Mutual funds215 215 215 
Total equity securities and mutual funds575 575 575 
Mortgage and other loans receivable, net of allowance49,605 46,007 49,605 
Other invested assets16,739 15,953 15,953 
Short-term investments, at cost (approximates fair value)12,376 12,376 12,376 
Derivative assets(b)
514 514 514 
Total investments$340,287 $306,066 $309,664 
(a)Original cost of fixed maturities is reduced by repayments and adjusted for amortization of premiums or accretion of discounts.
(b)The balance is reported in Other assets.