XML 66 R55.htm IDEA: XBRL DOCUMENT v3.23.3
INVESTMENTS - Credit Quality (Details) - USD ($)
$ in Millions
9 Months Ended 12 Months Ended
Sep. 30, 2023
Dec. 31, 2022
Financing Receivable, before Allowance for Credit Loss [Abstract]    
Total $ 17,795 $ 16,593
Total 17,742 16,577
Non-accruing Loans 53 16
Non-accruing Loans with No Allowance 3 0
Interest Income on Non-accruing Loans 1 0
Past Due    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
Total 64 77
30-59 Days    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
Total 18 59
60-89 Days    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
Total 4 5
90 Days or More    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
Total 42 13
Current    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
Total 17,678 16,500
Commercial:    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 1,133 3,272
2022 3,285 2,114
2021 2,118 1,369
2020 1,367 642
2019 638 1,201
Prior 6,115 5,043
Revolving Loans Amortized Cost Basis 425 328
Revolving Loans Converted to Term Loans Amortized Cost Basis 132 34
Total 15,213 14,003
Total 15,179 14,003
Non-accruing Loans 34 0
Non-accruing Loans with No Allowance 0 0
Interest Income on Non-accruing Loans 1 0
Commercial: | Past Due    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
Total 0 56
Commercial: | 30-59 Days    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
Total 0 56
Commercial: | 60-89 Days    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
Total 0 0
Commercial: | 90 Days or More    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
Total 0 0
Commercial: | Current    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
Total 15,179 13,947
Commercial: | Greater than 2.0x    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 175 771
2022 695 1,159
2021 1,126 1,113
2020 1,140 102
2019 157 571
Prior 3,110 1,911
Revolving Loans Amortized Cost Basis 0 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 6,403 5,627
Commercial: | 1.8x to 2.0x    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 0 158
2022 0 215
2021 181 164
2020 167 197
2019 172 186
Prior 737 477
Revolving Loans Amortized Cost Basis 256 279
Revolving Loans Converted to Term Loans Amortized Cost Basis 96 0
Total 1,609 1,676
Commercial: | 1.5x to 1.8x    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 81 337
2022 799 390
2021 234 32
2020 0 153
2019 236 176
Prior 984 1,175
Revolving Loans Amortized Cost Basis 92 4
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 2,426 2,267
Commercial: | 1.2x to 1.5x    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 470 1,041
2022 762 259
2021 455 0
2020 0 92
2019 30 73
Prior 761 917
Revolving Loans Amortized Cost Basis 6 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 2,484 2,382
Commercial: | 1.0x to 1.2x    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 400 507
2022 674 43
2021 43 60
2020 0 98
2019 43 160
Prior 416 492
Revolving Loans Amortized Cost Basis 71 45
Revolving Loans Converted to Term Loans Amortized Cost Basis 36 34
Total 1,683 1,439
Commercial: | Less than 1.0x    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 7 458
2022 355 48
2021 79 0
2020 60 0
2019 0 35
Prior 107 71
Revolving Loans Amortized Cost Basis 0 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 608 612
Commercial: | 0% - 50%    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 250 624
2022 484 130
2021 130 0
2020 35 0
2019 0 119
Prior 1,603 1,242
Revolving Loans Amortized Cost Basis 0 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 2,502 2,115
Commercial: | 50% - 70%    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 636 2,285
2022 2,313 1,569
2021 815 906
2020 869 313
2019 257 623
Prior 2,618 2,254
Revolving Loans Amortized Cost Basis 419 328
Revolving Loans Converted to Term Loans Amortized Cost Basis 96 0
Total 8,023 8,278
Commercial: | 70% - 90%    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 247 363
2022 488 415
2021 1,139 463
2020 463 329
2019 289 424
Prior 1,198 1,314
Revolving Loans Amortized Cost Basis 6 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 36 34
Total 3,866 3,342
Commercial: | 90% plus    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 0 0
2022 0 0
2021 34 0
2020 0 0
2019 92 35
Prior 696 233
Revolving Loans Amortized Cost Basis 0 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 822 268
Agricultural:    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 132 353
2022 309 367
2021 348 450
2020 439 197
2019 192 215
Prior 1,130 1,008
Revolving Loans Amortized Cost Basis 0 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 2,550 2,590
Total 2,531 2,574
Non-accruing Loans 19 16
Non-accruing Loans with No Allowance 3 0
Interest Income on Non-accruing Loans 0 0
Agricultural: | Past Due    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
Total 64 21
Agricultural: | 30-59 Days    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
Total 18 3
Agricultural: | 60-89 Days    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
Total 4 5
Agricultural: | 90 Days or More    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
Total 42 13
Agricultural: | Current    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
Total 2,467 2,553
Agricultural: | Greater than 2.0x    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 7 51
2022 51 40
2021 39 62
2020 60 21
2019 20 12
Prior 184 193
Revolving Loans Amortized Cost Basis 0 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 361 379
Agricultural: | 1.8x to 2.0x    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 16 16
2022 16 58
2021 56 35
2020 32 24
2019 23 14
Prior 62 51
Revolving Loans Amortized Cost Basis 0 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 205 198
Agricultural: | 1.5x to 1.8x    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 9 69
2022 50 42
2021 31 111
2020 109 18
2019 18 19
Prior 199 196
Revolving Loans Amortized Cost Basis 0 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 416 455
Agricultural: | 1.2x to 1.5x    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 38 107
2022 111 147
2021 155 177
2020 173 98
2019 99 99
Prior 374 298
Revolving Loans Amortized Cost Basis 0 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 950 926
Agricultural: | 1.0x to 1.2x    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 33 91
2022 57 80
2021 63 61
2020 57 30
2019 26 60
Prior 287 257
Revolving Loans Amortized Cost Basis 0 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 523 579
Agricultural: | Less than 1.0x    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 29 19
2022 24 0
2021 4 4
2020 8 6
2019 6 11
Prior 24 13
Revolving Loans Amortized Cost Basis 0 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 95 53
Agricultural: | 0% - 50%    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 86 163
2022 163 182
2021 186 228
2020 235 129
2019 134 132
Prior 811 725
Revolving Loans Amortized Cost Basis 0 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 1,615 1,559
Agricultural: | 50% - 70%    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 46 190
2022 146 185
2021 162 222
2020 204 68
2019 58 83
Prior 303 267
Revolving Loans Amortized Cost Basis 0 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 919 1,015
Agricultural: | 70% - 90%    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 0 0
2022 0 0
2021 0 0
2020 0 0
2019 0 0
Prior 16 16
Revolving Loans Amortized Cost Basis 0 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 16 16
Agricultural: | 90% plus    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 0 0
2022 0 0
2021 0 0
2020 0 0
2019 0 0
Prior 0 0
Revolving Loans Amortized Cost Basis 0 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 0 0
Total commercial and agricultural mortgage loans:    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 1,265 3,625
2022 3,594 2,481
2021 2,466 1,819
2020 1,806 839
2019 830 1,416
Prior 7,245 6,051
Revolving Loans Amortized Cost Basis 425 328
Revolving Loans Converted to Term Loans Amortized Cost Basis 132 34
Total 17,763 16,593
Total commercial and agricultural mortgage loans: | Greater than 2.0x    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 182 822
2022 746 1,199
2021 1,165 1,175
2020 1,200 123
2019 177 583
Prior 3,294 2,104
Revolving Loans Amortized Cost Basis 0 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 6,764 6,006
Total commercial and agricultural mortgage loans: | 1.8x to 2.0x    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 16 174
2022 16 273
2021 237 199
2020 199 221
2019 195 200
Prior 799 528
Revolving Loans Amortized Cost Basis 256 279
Revolving Loans Converted to Term Loans Amortized Cost Basis 96 0
Total 1,814 1,874
Total commercial and agricultural mortgage loans: | 1.5x to 1.8x    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 90 406
2022 849 432
2021 265 143
2020 109 171
2019 254 195
Prior 1,183 1,371
Revolving Loans Amortized Cost Basis 92 4
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 2,842 2,722
Total commercial and agricultural mortgage loans: | 1.2x to 1.5x    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 508 1,148
2022 873 406
2021 610 177
2020 173 190
2019 129 172
Prior 1,135 1,215
Revolving Loans Amortized Cost Basis 6 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 3,434 3,308
Total commercial and agricultural mortgage loans: | 1.0x to 1.2x    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 433 598
2022 731 123
2021 106 121
2020 57 128
2019 69 220
Prior 703 749
Revolving Loans Amortized Cost Basis 71 45
Revolving Loans Converted to Term Loans Amortized Cost Basis 36 34
Total 2,206 2,018
Total commercial and agricultural mortgage loans: | Less than 1.0x    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 36 477
2022 379 48
2021 83 4
2020 68 6
2019 6 46
Prior 131 84
Revolving Loans Amortized Cost Basis 0 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 703 665
Total commercial and agricultural mortgage loans: | 0% - 50%    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 336 787
2022 647 312
2021 316 228
2020 270 129
2019 134 251
Prior 2,414 1,967
Revolving Loans Amortized Cost Basis 0 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 4,117 3,674
Total commercial and agricultural mortgage loans: | 50% - 70%    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 682 2,475
2022 2,459 1,754
2021 977 1,128
2020 1,073 381
2019 315 706
Prior 2,921 2,521
Revolving Loans Amortized Cost Basis 419 328
Revolving Loans Converted to Term Loans Amortized Cost Basis 96 0
Total 8,942 9,293
Total commercial and agricultural mortgage loans: | 70% - 90%    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 247 363
2022 488 415
2021 1,139 463
2020 463 329
2019 289 424
Prior 1,214 1,330
Revolving Loans Amortized Cost Basis 6 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 36 34
Total 3,882 3,358
Total commercial and agricultural mortgage loans: | 90% plus    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 0 0
2022 0 0
2021 34 0
2020 0 0
2019 92 35
Prior 696 233
Revolving Loans Amortized Cost Basis 0 0
Revolving Loans Converted to Term Loans Amortized Cost Basis 0 0
Total 822 268
Residential    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
2023 21  
2022 11  
2021 0  
2020 0  
2019 0  
Prior 0  
Total 32 0
Total 32 0
Non-accruing Loans 0 0
Non-accruing Loans with No Allowance 0 0
Interest Income on Non-accruing Loans 0 0
Residential | Past Due    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
Total 0 0
Residential | 30-59 Days    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
Total 0 0
Residential | 60-89 Days    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
Total 0 0
Residential | 90 Days or More    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
Total 0 0
Residential | Current    
Financing Receivable, before Allowance for Credit Loss [Abstract]    
Total $ 32 $ 0