XML 120 R99.htm IDEA: XBRL DOCUMENT v3.25.0.1
Derivative Instruments (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Derivative offsetting [Abstract]      
Derivative assets subject to master netting agreements $ 206 $ 197  
Derivative liabilities subject to master netting agreements 115 119  
Net realized gains (losses) on derivative instruments      
Net realized gains (losses) on derivative instruments $ 8 $ 59 $ (75)
Derivative Asset, Statement of Financial Position [Extensible Enumeration] Other assets Other assets  
Derivative Liability, Statement of Financial Position [Extensible Enumeration] Other liabilities Other liabilities  
Not Designated as Hedging Instrument      
Derivative [Line Items]      
Asset derivatives - fair value $ 206 $ 197  
Liability derivatives - fair value (115) (119)  
Net realized gains (losses) on derivative instruments      
Net realized gains (losses) on derivative instruments 8 59 (75)
Not Designated as Hedging Instrument | Futures contracts      
Derivative [Line Items]      
Asset derivatives - fair value [1] 78 139  
Liability derivatives - fair value [1] (46) (61)  
Net derivatives - notional value [2] 4,781 3,746  
Net realized gains (losses) on derivative instruments      
Net realized gains (losses) on derivative instruments 4 49 (86)
Not Designated as Hedging Instrument | Foreign currency forward contracts      
Derivative [Line Items]      
Asset derivatives - fair value [1] 90 27  
Liability derivatives - fair value [1] (48) (32)  
Net derivatives - notional value [2] 1,698 1,224  
Net realized gains (losses) on derivative instruments      
Net realized gains (losses) on derivative instruments (6) 21 6
Not Designated as Hedging Instrument | Other      
Derivative [Line Items]      
Asset derivatives - fair value [1],[3] 38 31  
Liability derivatives - fair value [1],[3] (21) (26)  
Net derivatives - notional value [2],[3] 236 512  
Net realized gains (losses) on derivative instruments      
Net realized gains (losses) on derivative instruments [4] $ 10 $ (11) $ 5
[1] The fair value of asset derivatives are included in ‘other assets’ and the fair value of liability derivatives are included in ‘other liabilities.’
[2] Represents the absolute notional value of all outstanding contracts, consisting of long and short positions.
[3] Includes swaps, options and other derivatives contracts
[4] Includes realized gains or losses on swaps, options and other derivatives contracts.