XML 94 R82.htm IDEA: XBRL DOCUMENT v3.25.2
Fair Value (Recurring Fair Value Measurements) (Details) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Assets [Abstract]    
Fixed maturity securities, estimated fair value $ 79,831 $ 79,129
Trading securities 520 0
Equity securities 22 32
Derivative assets 7,795 4,118
Market risk benefit assets 1,084 1,092
Separate account assets 79,403 79,006
Liabilities [Abstract]    
Market risk benefit liabilities 8,067 8,346
Derivative liabilities 7,398 5,248
Recurring    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 79,831 79,129
Trading securities 520 0
Equity securities 22 32
Short-term investments 571 1,157
Derivative assets 7,795 4,118
Embedded derivatives on index-linked annuities (2) 80 47
Market risk benefit assets 1,084 1,092
Separate account assets 79,403 79,006
Total assets 169,306 164,581
Liabilities [Abstract]    
Market risk benefit liabilities 8,067 8,346
Derivative liabilities 7,398 5,248
Embedded derivatives on index-linked annuities (2) 11,646 11,540
Total liabilities 27,111 25,134
Recurring | Interest rate    
Assets [Abstract]    
Derivative assets 266 287
Liabilities [Abstract]    
Derivative liabilities 2,033 2,735
Recurring | Foreign currency exchange rate    
Assets [Abstract]    
Derivative assets 318 547
Liabilities [Abstract]    
Derivative liabilities 114 25
Recurring | Credit    
Assets [Abstract]    
Derivative assets 28 19
Recurring | Equity market    
Assets [Abstract]    
Derivative assets 7,183 3,265
Liabilities [Abstract]    
Derivative liabilities 5,251 2,488
Recurring | U.S. corporate    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 37,088 36,737
Recurring | Foreign corporate    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 11,699 11,762
Recurring | RMBS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 7,781 7,230
Recurring | U.S. government and agency    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 6,393 6,460
Recurring | ABS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 6,171 6,306
Recurring | CMBS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 6,308 6,292
Recurring | State and political subdivision    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 3,450 3,382
Recurring | Foreign government    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 941 960
Recurring | Level 1    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 2,365 2,514
Trading securities 94 0
Equity securities 10 11
Short-term investments 486 916
Derivative assets 0 0
Embedded derivatives on index-linked annuities (2) 0 0
Market risk benefit assets 0 0
Separate account assets 6 3
Total assets 2,961 3,444
Liabilities [Abstract]    
Market risk benefit liabilities 0 0
Derivative liabilities 1 1
Embedded derivatives on index-linked annuities (2) 0 0
Total liabilities 1 1
Recurring | Level 1 | Interest rate    
Assets [Abstract]    
Derivative assets 0 0
Liabilities [Abstract]    
Derivative liabilities 0 0
Recurring | Level 1 | Foreign currency exchange rate    
Assets [Abstract]    
Derivative assets 0 0
Liabilities [Abstract]    
Derivative liabilities 0 0
Recurring | Level 1 | Credit    
Assets [Abstract]    
Derivative assets 0 0
Recurring | Level 1 | Equity market    
Assets [Abstract]    
Derivative assets 0 0
Liabilities [Abstract]    
Derivative liabilities 1 1
Recurring | Level 1 | U.S. corporate    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 0 0
Recurring | Level 1 | Foreign corporate    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 0 0
Recurring | Level 1 | RMBS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 0 0
Recurring | Level 1 | U.S. government and agency    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 2,365 2,514
Recurring | Level 1 | ABS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 0 0
Recurring | Level 1 | CMBS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 0 0
Recurring | Level 1 | State and political subdivision    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 0 0
Recurring | Level 1 | Foreign government    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 0 0
Recurring | Level 2    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 76,273 75,137
Trading securities 423 0
Equity securities 6 6
Short-term investments 85 239
Derivative assets 7,787 4,109
Embedded derivatives on index-linked annuities (2) 0 0
Market risk benefit assets 0 0
Separate account assets 79,397 79,003
Total assets 163,971 158,494
Liabilities [Abstract]    
Market risk benefit liabilities 0 0
Derivative liabilities 7,397 5,247
Embedded derivatives on index-linked annuities (2) 0 0
Total liabilities 7,397 5,247
Recurring | Level 2 | Interest rate    
Assets [Abstract]    
Derivative assets 266 287
Liabilities [Abstract]    
Derivative liabilities 2,033 2,735
Recurring | Level 2 | Foreign currency exchange rate    
Assets [Abstract]    
Derivative assets 312 540
Liabilities [Abstract]    
Derivative liabilities 114 25
Recurring | Level 2 | Credit    
Assets [Abstract]    
Derivative assets 26 17
Recurring | Level 2 | Equity market    
Assets [Abstract]    
Derivative assets 7,183 3,265
Liabilities [Abstract]    
Derivative liabilities 5,250 2,487
Recurring | Level 2 | U.S. corporate    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 36,438 36,041
Recurring | Level 2 | Foreign corporate    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 11,586 11,366
Recurring | Level 2 | RMBS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 7,767 7,213
Recurring | Level 2 | U.S. government and agency    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 4,028 3,946
Recurring | Level 2 | ABS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 5,779 5,984
Recurring | Level 2 | CMBS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 6,308 6,266
Recurring | Level 2 | State and political subdivision    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 3,450 3,382
Recurring | Level 2 | Foreign government    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 917 939
Recurring | Level 3    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 1,193 1,478
Trading securities 3 0
Equity securities 6 15
Short-term investments 0 2
Derivative assets 8 9
Embedded derivatives on index-linked annuities (2) 80 47
Market risk benefit assets 1,084 1,092
Separate account assets 0 0
Total assets 2,374 2,643
Liabilities [Abstract]    
Market risk benefit liabilities 8,067 8,346
Derivative liabilities 0 0
Embedded derivatives on index-linked annuities (2) 11,646 11,540
Total liabilities 19,713 19,886
Recurring | Level 3 | Interest rate    
Assets [Abstract]    
Derivative assets 0 0
Liabilities [Abstract]    
Derivative liabilities 0 0
Recurring | Level 3 | Foreign currency exchange rate    
Assets [Abstract]    
Derivative assets 6 7
Liabilities [Abstract]    
Derivative liabilities 0 0
Recurring | Level 3 | Credit    
Assets [Abstract]    
Derivative assets 2 2
Recurring | Level 3 | Equity market    
Assets [Abstract]    
Derivative assets 0 0
Liabilities [Abstract]    
Derivative liabilities 0 0
Recurring | Level 3 | U.S. corporate    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 650 696
Recurring | Level 3 | Foreign corporate    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 113 396
Recurring | Level 3 | RMBS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 14 17
Recurring | Level 3 | U.S. government and agency    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 0 0
Recurring | Level 3 | ABS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 392 322
Recurring | Level 3 | CMBS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 0 26
Recurring | Level 3 | State and political subdivision    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 0 0
Recurring | Level 3 | Foreign government    
Assets [Abstract]    
Fixed maturity securities, estimated fair value $ 24 $ 21