v3.25.2
Accumulated Other Comprehensive Income (Loss) - Changes in AOCI, including Reclassification Adjustments (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Available-for-sale securities, Before-Tax Amount:        
Fixed maturities $ 177 $ (185) $ 509 $ (330)
Adjustments for amounts recognized in Net gains (losses) in the Condensed Consolidated Statements of Operations (5) 8 26 24
Change in unrealized gains (losses) on available-for-sale securities 172 (177) 535 (306)
Available-for-sale securities, Income Tax:        
Fixed maturities (38) 38 (107) 68
Adjustments for amounts recognized in Net gains (losses) in the Condensed Consolidated Statements of Operations 2 (2) (5) (5)
Change in unrealized gains (losses) on available-for-sale securities (36) 36 (112) 63
Available-for-sale securities, After-Tax Amount:        
Fixed maturities 139 (147) 402 (262)
Adjustments for amounts recognized in Net gains (losses) in the Condensed Consolidated Statements of Operations (3) 6 21 19
Change in unrealized gains (losses) on available-for-sale securities 136 (141) 423 (243)
Derivatives, Before-Tax Amount:        
Derivatives (41) 3 (57) 11
Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Condensed Consolidated Statements of Operations (3) (4) (6) (8)
Change in unrealized gains/losses on derivatives (44) (1) (63) 3
Derivatives, Income Tax:        
Derivatives 9 0 12 (2)
Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Condensed Consolidated Statements of Operations 0 1 1 2
Change in unrealized gains/losses on derivatives 9 1 13 0
Derivatives, After-Tax Amount:        
Derivatives (32) 3 (45) 9
Adjustments related to effective cash flow hedges for amounts recognized in Net investment income in the Condensed Consolidated Statements of Operations (3) (3) (5) (6)
Change in unrealized gains/losses on derivatives (35) 0 (50) 3
Change in current discount rate, before-tax amount 16 34 28 72
Change in current discount rate, income tax (3) (7) (6) (15)
Change in current discount rate, after-tax amount 13 27 22 57
Other comprehensive income (loss), before tax 144 (144) 500 (231)
Other comprehensive income (loss), tax (30) 30 (105) 48
Other comprehensive income (loss), after tax $ 114 $ (114) $ 395 $ (183)