XML 98 R86.htm IDEA: XBRL DOCUMENT v3.25.3
Fair Value (Unobservable Input Reconciliation) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Net Derivatives (2)        
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Balance, beginning of period $ 8 $ 10 $ 9 $ 18
Total realized/unrealized gains (losses) included in net income (loss) (3) (4) 0 0 (1) (1)
Total realized/unrealized gains (losses) included in AOCI 0 0 0 0
Purchases (5) 0 0 0 0
Sales (5) 0 0 0 0
Issuances (5) 0 0 0 0
Settlements (5) 0 0 0 0
Transfers into Level 3 (6) 0 0 0 0
Transfers out of Level 3 (6) 0 0 0 (7)
Balance, end of period 8 10 8 10
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 (1) 0 (2)
Changes in unrealized gains (losses) included in OCI 0 0 0 0
Embedded Derivatives on Index-Linked Annuities        
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Balance, beginning of period (11,566) (10,583) (11,493) (8,186)
Total realized/unrealized gains (losses) included in net income (loss) (3) (4) (1,756) (1,064) (2,740) (3,664)
Total realized/unrealized gains (losses) included in AOCI 0 0 0 0
Purchases (5) 0 0 0 0
Sales (5) 0 0 0 0
Issuances (5) 0 0 0 0
Settlements (5) 631 120 1,542 323
Transfers into Level 3 (6) 0 0 0 0
Transfers out of Level 3 (6) 0 0 0 0
Balance, end of period (12,691) (11,527) (12,691) (11,527)
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period (2,088) (1,262) (3,568) (4,183)
Changes in unrealized gains (losses) included in OCI 0 0 0 0
Corporate (1)        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 763 1,365 1,092 1,320
Total realized/unrealized gains (losses) included in net income (loss) (3) (4) 2 (23) (11) (43)
Total realized/unrealized gains (losses) included in AOCI 3 34 16 29
Purchases (5) 106 65 153 241
Sales (5) (118) (57) (178) (174)
Issuances (5) 0 0 0 0
Settlements (5) 0 0 0 0
Transfers into Level 3 (6) 0 33 18 19
Transfers out of Level 3 (6) (59) (325) (393) (300)
Balance, end of period 697 1,092 697 1,092
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 (17) (7) (35)
Changes in unrealized gains (losses) included in OCI 1 0 14 (5)
Structured Securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 406 506 365 380
Total realized/unrealized gains (losses) included in net income (loss) (3) (4) 3 0 3 1
Total realized/unrealized gains (losses) included in AOCI (1) 4 (6) 7
Purchases (5) 53 105 92 134
Sales (5) (35) (93) (77) (59)
Issuances (5) 0 0 0 0
Settlements (5) 0 0 0 0
Transfers into Level 3 (6) 0 0 0 0
Transfers out of Level 3 (6) (109) (126) (60) (67)
Balance, end of period 317 396 317 396
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 0 0 0
Changes in unrealized gains (losses) included in OCI 2 4 (5) 4
Foreign government        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 24 21 21 36
Total realized/unrealized gains (losses) included in net income (loss) (3) (4) 0 0 0 0
Total realized/unrealized gains (losses) included in AOCI 0 2 3 1
Purchases (5) 0 0 0 0
Sales (5) 0 0 0 0
Issuances (5) 0 0 0 0
Settlements (5) 0 0 0 0
Transfers into Level 3 (6) 0 0 0 0
Transfers out of Level 3 (6) 0 0 0 (14)
Balance, end of period 24 23 24 23
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 0 0 0
Changes in unrealized gains (losses) included in OCI 0 2 3 1
Trading Securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 3 0 0 0
Total realized/unrealized gains (losses) included in net income (loss) (3) (4) 0 0 0 0
Total realized/unrealized gains (losses) included in AOCI 0 0 0 0
Purchases (5) 0 0 0 0
Sales (5) 0 0 0 0
Issuances (5) 0 0 0 0
Settlements (5) 0 0 0 0
Transfers into Level 3 (6) 0 0 0 0
Transfers out of Level 3 (6) (3) 0 0 0
Balance, end of period 0 0 0 0
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 0 0 0
Changes in unrealized gains (losses) included in OCI 0 0 0 0
Equity Securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 6 24 15 25
Total realized/unrealized gains (losses) included in net income (loss) (3) (4) 0 (2) (1) (3)
Total realized/unrealized gains (losses) included in AOCI 0 0 0 0
Purchases (5) 0 0 0 0
Sales (5) 0 0 (8) 0
Issuances (5) 0 0 0 0
Settlements (5) 0 0 0 0
Transfers into Level 3 (6) 0 0 0 0
Transfers out of Level 3 (6) 0 0 0 0
Balance, end of period 6 22 6 22
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 (1) 0 (3)
Changes in unrealized gains (losses) included in OCI 0 0 0 0
Short-term Investments        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 0 0 2 0
Total realized/unrealized gains (losses) included in net income (loss) (3) (4) 0 0 0 0
Total realized/unrealized gains (losses) included in AOCI 0 0 0 0
Purchases (5) 5 2 5 2
Sales (5) 0 0 (2) 0
Issuances (5) 0 0 0 0
Settlements (5) 0 0 0 0
Transfers into Level 3 (6) 0 0 0 0
Transfers out of Level 3 (6) 0 0 0 0
Balance, end of period 5 2 5 2
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 0 0 0
Changes in unrealized gains (losses) included in OCI $ 0 $ 0 $ 0 $ 0