Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Investments:
Fixed maturities, available-for-sale ("AFS"), at fair value (amortized cost of $40,580 and $40,788, and allowance for credit losses ("ACL") of $13 and $1)	$ 40,233	$ 42,847
Fixed maturities, at fair value using the fair value option ("FVO")	288	160
Equity securities, at fair value	1,910	2,094
Mortgage loans (net of ACL of $31 and $29)	5,699	5,383
Limited partnerships and other alternative investments	3,659	3,353
Other investments	225	215
Short-term investments	3,937	3,697
Total investments	55,951	57,749
Cash	223	205
Restricted cash	83	132
Premiums receivable and agents' balances (net of ACL of $106 and $105)	4,787	4,445
Reinsurance recoverables (net of allowance for uncollectible reinsurance of $99 and $99)	6,626	6,523
Deferred policy acquisition costs	941	881
Deferred income taxes, net	706	270
Goodwill	1,911	1,911
Property and equipment, net	995	1,027
Other intangible assets, net	835	858
Other assets	2,194	2,577
Total assets	75,252	76,578
Liabilities
Unpaid losses and loss adjustment expenses	39,759	39,659
Other policyholder funds and benefits payable	677	687
Unearned premiums	7,550	7,194
Short-term debt	591	0
Long-term debt	4,354	4,944
Other liabilities	5,842	5,655
Total liabilities	59,355	58,735
Stockholders' Equity
Preferred stock, $0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at March 31, 2022 and December 31, 2021, aggregate liquidation preference of $345	334	334
Common Stock, Value, Issued	4	4
Additional paid-in capital	3,249	3,309
Retained earnings	16,077	15,764
Treasury Stock, Value	(2,068)	(1,740)
Accumulated other comprehensive income (loss), net of tax	(1,699)	172
Total stockholders’ equity	15,897	17,843
Total liabilities and stockholders’ equity	75,252	76,578
ACL	$ 106	$ 105