XML 94 R75.htm IDEA: XBRL DOCUMENT v3.23.3
Fair Value Hierarchy - Summary of Changes in Fair Value for Level 3 Investments (Detail) - Investments - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance $ 18,128 $ 16,109 $ 16,942 $ 13,902
Net realized gains/(losses) 113 103 344 428
Net unrealized gains/(losses) (346) (407) (904) (1,828)
Purchases 213 445 755 1,385
Sales (111) (236) (621) (741)
Settlements (456) (272) (1,127) (1,461)
Transfers into level 3 942 1,687 3,257 6,425
Transfers out of level 3 (1,154) (475) (1,317) (1,156)
Ending balance 17,329 16,954 17,329 16,954
Corporate debt securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 7,520 6,576 7,003 4,527
Net realized gains/(losses) 88 69 301 224
Net unrealized gains/(losses) (66) (111) (54) (297)
Purchases 58 137 373 624
Sales (53) (78) (185) (151)
Settlements (274) (143) (735) (810)
Transfers into level 3 415 659 1,049 2,944
Transfers out of level 3 (738) (371) (802) (323)
Ending balance 6,950 6,738 6,950 6,738
Securities backed by real estate        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 878 1,067 827 1,078
Net realized gains/(losses) 1 7 10 21
Net unrealized gains/(losses) (95) (88) (191) (287)
Purchases 7 17 56 76
Sales 0 (47) (58) (96)
Settlements (19) (23) (38) (140)
Transfers into level 3 0 1 171 269
Transfers out of level 3 0 (22) (5) (9)
Ending balance 772 912 772 912
Other debt obligations        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 246 303 256 382
Net realized gains/(losses) 1 3 3 9
Net unrealized gains/(losses) 3 (3) 2 (8)
Purchases 6 4 1 28
Settlements (7) (23) (13) (127)
Ending balance 249 284 249 284
Equity securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 9,484 8,163 8,856 7,915
Net realized gains/(losses) 23 24 30 174
Net unrealized gains/(losses) (188) (205) (661) (1,236)
Purchases 142 287 325 657
Sales (58) (111) (378) (494)
Settlements (156) (83) (341) (384)
Transfers into level 3 527 1,027 2,037 3,212
Transfers out of level 3 (416) (82) (510) (824)
Ending balance $ 9,358 $ 9,020 $ 9,358 $ 9,020