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Derivative Instruments - Summary of net realized gains (losses) recorded in the consolidated statements of income (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Net realized gains (losses) on derivative instruments        
Net realized gains (losses) on derivative instruments [1] $ 1 $ (15) $ (9) $ 41
Not designated as hedging instrument        
Net realized gains (losses) on derivative instruments        
Net realized gains (losses) on derivative instruments 1 (15) (9) 41
Not designated as hedging instrument | Futures contracts        
Net realized gains (losses) on derivative instruments        
Net realized gains (losses) on derivative instruments (3) (25) (17) 14
Not designated as hedging instrument | Foreign currency forward contracts        
Net realized gains (losses) on derivative instruments        
Net realized gains (losses) on derivative instruments 2 15 1 24
Not designated as hedging instrument | Other        
Net realized gains (losses) on derivative instruments        
Net realized gains (losses) on derivative instruments [2] $ 2 $ (5) $ 7 $ 3
[1] See note 9 for information on the Company’s derivative instruments.
[2] Includes realized gains or losses on swaps, options and other derivatives contracts