v3.25.2
Investments - Realized Investment Gains and Losses and Change in Unrealized Investment Gains and Losses and Other Items (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Investment income:        
Interest $ 214 $ 173 $ 424 $ 342
Dividends 70 69 137 141
Other 5 4 12 11
Total 289 246 573 494
Less investment expenses 4 4 8 7
Total 285 242 565 487
Investment gains and losses, net        
Other 5 6 12 26
Total 473 137 406 749
Equity securities        
Investment gains and losses, net        
Investment gains and losses on securities sold, net (1) 7 (3) 4
Unrealized gains and losses on securities still held, net 481 142 411 747
Total 480 149 408 751
Fixed maturities        
Investment gains and losses, net        
Gross realized gains 1 4 1 4
Gross realized losses 0 (6) 0 (7)
Change in allowance for credit losses, net (13) (16) (15) (25)
Total $ (12) $ (18) $ (14) $ (28)