v3.25.2
Debt Securities - Contractual Maturities (Details)
$ in Millions
Jun. 30, 2025
USD ($)
Estimated Fair Value  
Due within 1 year $ 1,267
Due after 1 year through 5 years 1,344
Due after 5 years through 10 years 112
Due after 10 years 182
Total 2,905
Amortized Cost  
Due within 1 year 1,265
Due after 1 year through 5 years 1,334
Due after 5 years through 10 years 118
Due after 10 years 203
Total $ 2,920
Weighted Average Yield  
Due within 1 year 4.60% [1]
Due after 1 year through 5 years 4.40% [1]
Due after 5 years through 10 years 1.80% [1]
Due after 10 years 2.70% [1]
Total 4.20%
U.S. government and federal agency  
Estimated Fair Value  
Due within 1 year $ 952
Due after 1 year through 5 years 853
Due after 5 years through 10 years 0
Due after 10 years 0
Total 1,805
State and municipal  
Estimated Fair Value  
Due within 1 year 0
Due after 1 year through 5 years 3
Due after 5 years through 10 years 3
Due after 10 years 20
Total 26
Residential mortgage-backed  
Estimated Fair Value  
Due within 1 year 0
Due after 1 year through 5 years 12
Due after 5 years through 10 years 109
Due after 10 years 162
Total 283
Asset-backed  
Estimated Fair Value  
Due within 1 year 315
Due after 1 year through 5 years 467
Due after 5 years through 10 years 0
Due after 10 years 0
Total 782
Other Debt Obligations  
Estimated Fair Value  
Due within 1 year 0
Due after 1 year through 5 years 9
Due after 5 years through 10 years 0
Due after 10 years 0
Total $ 9
[1] Weighted average yield is calculated based on the amortized cost of each security. In calculating yield, no adjustment has been made with respect to any tax-exempt obligations.