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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 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Net realized gains (losses) on derivative instruments        
Net realized gains (losses) on derivative instruments [1] $ 125 $ (102) $ 116 $ (61)
Not designated as hedging instrument        
Net realized gains (losses) on derivative instruments        
Net realized gains (losses) on derivative instruments 125 (102) 116 (61)
Not designated as hedging instrument | Futures contracts        
Net realized gains (losses) on derivative instruments        
Net realized gains (losses) on derivative instruments 86 (87) 69 (73)
Not designated as hedging instrument | Foreign currency forward contracts        
Net realized gains (losses) on derivative instruments        
Net realized gains (losses) on derivative instruments 31 (20) 32 4
Not designated as hedging instrument | Other        
Net realized gains (losses) on derivative instruments        
Net realized gains (losses) on derivative instruments [2] $ 8 $ 5 $ 15 $ 8
[1] See note 10 for information on the Company’s derivative instruments.
[2] Includes realized gains or losses on swaps, options and other derivatives contracts