v3.25.2
Fair Value of Assets and Liabilities - Schedule of Valuation Changes Included in Net Income and OCI for Level 3 Assets and Liabilities Held (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Gains (losses) included in net income for Level 3 assets and liabilities:        
Total recurring Level 3 assets $ 18 $ 0 $ 31 $ 9
Total recurring Level 3 liabilities $ 0 $ 0 $ (1) $ 0
Fair Value Recurring Basis Unobservable Input Reconciliation Liability Gain Loss Statement Of Income Extensible List Not Disclosed Flag Total included in net income Total included in net income Total included in net income Total included in net income
Total included in net income $ 18 $ 0 $ 30 $ 9
Total included in net income 18 0 30 9
Changes in unrealized net capital gains and losses reported in OCI 1 (1) 2 1
Other liabilities        
Gains (losses) included in net income for Level 3 assets and liabilities:        
Total recurring Level 3 liabilities $ 0 $ 0 $ (1) $ 0
Net investment income        
Gains (losses) included in net income for Level 3 assets and liabilities:        
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Net investment income Net investment income Net investment income Net investment income
Total included in net income $ 0 $ 1 $ 0 $ 1
Net gains (losses) on investments and derivatives        
Gains (losses) included in net income for Level 3 assets and liabilities:        
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Net gains (losses) on investments and derivatives Net gains (losses) on investments and derivatives Net gains (losses) on investments and derivatives Net gains (losses) on investments and derivatives
Total included in net income $ 15 $ (2) $ 27 $ 5
Operating costs and expenses        
Gains (losses) included in net income for Level 3 assets and liabilities:        
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Operating costs and expenses Operating costs and expenses Operating costs and expenses Operating costs and expenses
Total included in net income $ 3 $ 1 $ 3 $ 3
Fixed income securities        
Gains (losses) included in net income for Level 3 assets and liabilities:        
Total recurring Level 3 assets 0 (1) (1) (5)
Corporate - public        
Gains (losses) included in net income for Level 3 assets and liabilities:        
Total recurring Level 3 assets 0 1 (1) 1
Changes in unrealized net capital gains and losses reported in OCI 0 (1) 1 1
Corporate - privately placed        
Gains (losses) included in net income for Level 3 assets and liabilities:        
Total recurring Level 3 assets 0 (2) 0 (6)
Changes in unrealized net capital gains and losses reported in OCI 1 0 1 0
Equity securities        
Gains (losses) included in net income for Level 3 assets and liabilities:        
Total recurring Level 3 assets 15 0 29 11
Other assets        
Gains (losses) included in net income for Level 3 assets and liabilities:        
Total recurring Level 3 assets $ 3 $ 1 $ 3 $ 3