Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Investments:
Fixed maturities, AFS, at fair value (amortized cost of $41,726 and $39,533, and ACL of $21 and $12)	$ 39,818	$ 36,231
Fixed maturities, at fair value using the fair value option ("FVO")	327	333
Equity securities, at fair value	864	1,801
Financing Receivable, after Allowance for Credit Loss	6,087	6,000
Limited partnerships and other alternative investments	4,785	4,177
Other investments	191	159
Short-term investments	3,850	3,859
Total investments	55,922	52,560
Cash	126	229
Restricted Cash	63	115
Accrued Investment Income Receivable	404	372
Premiums receivable and agents' balances (net of ACL of $109 and $109)	5,607	4,949
Reinsurance recoverables (net of allowance for uncollectible reinsurance of $103 and $105)	7,104	6,964
Deferred policy acquisition costs	1,113	998
Deferred income taxes, net	1,173	1,437
Goodwill	1,911	1,911
Property and equipment, net	896	927
Other intangible assets, net	707	778
Other assets	1,754	1,768
Total assets	76,780	73,008
Liabilities
Unpaid losses and loss adjustment expenses	42,318	41,243
Liability for Future Policy Benefit, before Reinsurance	484	502
Policyholder Account Balance	638	658
Unearned premiums	8,599	7,815
Long-term debt	4,362	4,357
Other liabilities	5,052	4,757
Total liabilities	61,453	59,332
Stockholders’ Equity
Preferred stock, $0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at December 31, 2023 and December 31, 2022, aggregate liquidation preference of $345	334	334
Common Stock, Value, Issued	3	3
Additional paid-in capital	648	1,895
Retained earnings	19,007	17,058
Treasury Stock, Value	(1,816)	(1,773)
Accumulated other comprehensive loss, net of tax	(2,849)	(3,841)
Total stockholders' equity	15,327	13,676
Total liabilities and stockholders’ equity	$ 76,780	$ 73,008