v3.25.2
Accumulated Other Comprehensive Income (AOCI) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
AOCI, Net of Tax        
AOCI, net of tax, beginning balance     $ 13,935  
AOCI, net of tax, ending balance $ 14,301 $ 12,777 14,301 $ 12,777
AOCI on Net Unrecognized Investment Gain (Loss)        
AOCI, Before Tax        
AOCI, before tax, beginning of period (486) (625) (553) (570)
Other comprehensive income before reclassification, before tax 16 (93) 81 (158)
Reclassification adjustment, before tax 12 18 14 28
Effect on other comprehensive income, before tax 28 (75) 95 (130)
AOCI, before tax, end of period (458) (700) (458) (700)
AOCI, Tax        
AOCI, tax, beginning of period (105) (134) (119) (123)
Other comprehensive income before reclassification, tax 3 (21) 17 (34)
Reclassification adjustment, tax 3 4 3 6
Effect on other comprehensive income, tax 6 (17) 20 (28)
AOCI, tax, end of period (99) (151) (99) (151)
AOCI, Net of Tax        
AOCI, net of tax, beginning balance (381) (491) (434) (447)
Other comprehensive income before reclassification, net of tax 13 (72) 64 (124)
Reclassification adjustment, net of tax 9 14 11 22
Effect on other comprehensive income, net of tax 22 (58) 75 (102)
AOCI, net of tax, ending balance (359) (549) (359) (549)
AOCI on Pension Obligations        
AOCI, Before Tax        
AOCI, before tax, beginning of period 74 30 75 30
Other comprehensive income before reclassification, before tax 0 0 0 0
Reclassification adjustment, before tax (1) 1 (2) 1
Effect on other comprehensive income, before tax (1) 1 (2) 1
AOCI, before tax, end of period 73 31 73 31
AOCI, Tax        
AOCI, tax, beginning of period 17 8 17 8
Other comprehensive income before reclassification, tax 0 0 0 0
Reclassification adjustment, tax 0 0 0 0
Effect on other comprehensive income, tax 0 0 0 0
AOCI, tax, end of period 17 8 17 8
AOCI, Net of Tax        
AOCI, net of tax, beginning balance 57 22 58 22
Other comprehensive income before reclassification, net of tax 0 0 0 0
Reclassification adjustment, net of tax (1) 1 (2) 1
Effect on other comprehensive income, net of tax (1) 1 (2) 1
AOCI, net of tax, ending balance 56 23 56 23
AOCI on Life Policy Reserves, Reinsurance Recoverable And Other        
AOCI, Before Tax        
AOCI, before tax, beginning of period 68 34 85 (13)
Other comprehensive income before reclassification, before tax 1 37 (16) 84
Reclassification adjustment, before tax 0 0 0 0
Effect on other comprehensive income, before tax 1 37 (16) 84
AOCI, before tax, end of period 69 71 69 71
AOCI, Tax        
AOCI, tax, beginning of period 15 7 18 (3)
Other comprehensive income before reclassification, tax 0 8 (3) 18
Reclassification adjustment, tax 0 0 0 0
Effect on other comprehensive income, tax 0 8 (3) 18
AOCI, tax, end of period 15 15 15 15
AOCI, Net of Tax        
AOCI, net of tax, beginning balance 53 27 67 (10)
Other comprehensive income before reclassification, net of tax 1 29 (13) 66
Reclassification adjustment, net of tax 0 0 0 0
Effect on other comprehensive income, net of tax 1 29 (13) 66
AOCI, net of tax, ending balance 54 56 54 56
Summary of AOCI        
AOCI, Before Tax        
AOCI, before tax, beginning of period (344) (561) (393) (553)
Change in unrealized gains, net, on investments available for sale, before tax 28 (75) 95 (130)
Change in pension obligations, before tax (1) 1 (2) 1
Change in life policy reserves, reinsurance recoverable and other, before tax 1 37 (16) 84
Effect on other comprehensive income, before tax 28 (37) 77 (45)
AOCI, before tax, end of period (316) (598) (316) (598)
AOCI, Tax        
AOCI, tax, beginning of period (73) (119) (84) (118)
Change in unrealized gains, net, on investments available for sale, tax 6 (17) 20 (28)
Change in pension obligations, tax 0 0 0 0
Change in Life Policy Reserves, Reinsurance Recoverable and Other, Tax 0 8 (3) 18
Effect on other comprehensive income, tax 6 (9) 17 (10)
AOCI, tax, end of period (67) (128) (67) (128)
AOCI, Net of Tax        
AOCI, net of tax, beginning balance (271) (442) (309) (435)
Change in unrealized gains, net, on investments available for sale, net of tax 22 (58) 75 (102)
Change in pension obligations, net of tax (1) 1 (2) 1
Change in Life Policy Reserves, Reinsurance Recoverable and Other, Net of Tax 1 29 (13) 66
Effect on other comprehensive income, net of tax 22 (28) 60 (35)
AOCI, net of tax, ending balance $ (249) $ (470) $ (249) $ (470)