v3.25.2
Investments - Gross Unrealized losses by Major Security (Detail)
$ in Millions
Jun. 30, 2025
USD ($)
security
Dec. 31, 2024
USD ($)
security
Jun. 30, 2024
USD ($)
security
Number of Securities      
Total | security 768 1,073 1,257
Less than 12 Months | security 157 342 301
12 Months or Greater | security 611 731 956
Fair Value      
Total $ 21,390 $ 53,784 $ 48,227
Less than 12 Months 5,447 35,528 18,660
12 Months or Greater 15,943 18,256 29,567
Unrealized Losses      
Total (999) (1,935) (2,267)
Less than 12 Months (33) (485) (135)
12 Months or Greater $ (966) $ (1,450) $ (2,132)
U.S. government obligations      
Number of Securities      
Total | security 73 113 117
Less than 12 Months | security 9 39 17
12 Months or Greater | security 64 74 100
Fair Value      
Total $ 10,463 $ 38,782 $ 29,776
Less than 12 Months 2,878 30,257 12,936
12 Months or Greater 7,585 8,525 16,840
Unrealized Losses      
Total (472) (1,151) (1,229)
Less than 12 Months (20) (418) (110)
12 Months or Greater $ (452) $ (733) $ (1,119)
State and local government obligations      
Number of Securities      
Total | security 275 379 336
Less than 12 Months | security 53 127 58
12 Months or Greater | security 222 252 278
Fair Value      
Total $ 1,677 $ 2,339 $ 2,079
Less than 12 Months 289 783 411
12 Months or Greater 1,388 1,556 1,668
Unrealized Losses      
Total (78) (117) (144)
Less than 12 Months (1) (6) (2)
12 Months or Greater $ (77) $ (111) $ (142)
Foreign government obligations      
Number of Securities      
Total | security     1
Less than 12 Months | security     0
12 Months or Greater | security     1
Fair Value      
Total     $ 16
Less than 12 Months     0
12 Months or Greater     16
Unrealized Losses      
Total     (1)
Less than 12 Months     0
12 Months or Greater     $ (1)
Corporate and other debt securities      
Number of Securities      
Total | security 159 304 405
Less than 12 Months | security 28 122 150
12 Months or Greater | security 131 182 255
Fair Value      
Total $ 3,737 $ 7,034 $ 9,032
Less than 12 Months 610 2,935 3,307
12 Months or Greater 3,127 4,099 5,725
Unrealized Losses      
Total (112) (215) (306)
Less than 12 Months (6) (33) (19)
12 Months or Greater $ (106) $ (182) $ (287)
Residential mortgage-backed securities      
Number of Securities      
Total | security 29 40 39
Less than 12 Months | security 11 12 7
12 Months or Greater | security 18 28 32
Fair Value      
Total $ 385 $ 428 $ 308
Less than 12 Months 342 377 244
12 Months or Greater 43 51 64
Unrealized Losses      
Total (7) (11) (9)
Less than 12 Months (2) (4) 0
12 Months or Greater $ (5) $ (7) $ (9)
Commercial mortgage-backed securities      
Number of Securities      
Total | security 153 153 183
Less than 12 Months | security 16 8 7
12 Months or Greater | security 137 145 176
Fair Value      
Total $ 3,331 $ 3,294 $ 3,883
Less than 12 Months 448 264 315
12 Months or Greater 2,883 3,030 3,568
Unrealized Losses      
Total (286) (376) (489)
Less than 12 Months (2) (16) (1)
12 Months or Greater $ (284) $ (360) $ (488)
Other asset-backed securities      
Number of Securities      
Total | security 79 84 176
Less than 12 Months | security 40 34 62
12 Months or Greater | security 39 50 114
Fair Value      
Total $ 1,797 $ 1,907 $ 3,133
Less than 12 Months 880 912 1,447
12 Months or Greater 917 995 1,686
Unrealized Losses      
Total (44) (65) (89)
Less than 12 Months (2) (8) (3)
12 Months or Greater $ (42) $ (57) $ (86)