Noncash Investing and Financing Activities |
9 Months Ended |
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Sep. 30, 2025 | |
| Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract] | |
| Noncash Investing and Financing Activities | NONCASH INVESTING AND FINANCING ACTIVITIES The Company issued common stock during the nine months ended September 30, 2025 and 2024 in connection with its stock compensation plan which resulted in noncash financing transactions totaling $43 million and $32 million, respectively, from the net share settlement of employee stock options. In an unrelated transaction, the Company received a beneficial interest totaling $32 million in a noncash investing activity related to the restructuring of the Massachusetts Property Insurance Underwriting Association, a FAIR Plan, during the nine months ended September 30, 2024. For additional information, see note 18 of the notes to the consolidated financial statements in the Company’s 2024 Annual Report. There were no other material noncash investing or financing activities during the nine months ended September 30, 2025 and 2024.
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