v3.26.1
INVESTMENTS - Schedule of Aggregate Fair Value and Gross Unrealized Depreciation of Fixed Maturity Securities by Contractual Maturity (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Fair Value    
Less than 12 months $ 10,980 $ 4,194
Greater than 12 months 7,007 7,759
Total 17,987 11,953
Gross Unrealized Depreciation    
Less than 12 months (221) (70)
Greater than 12 months (563) (549)
Total (784) (619)
No Recorded Allowance for Credit Losses    
Fair Value    
Less than 12 months 10,939 4,171
Greater than 12 months 7,007 7,745
Total 17,946 11,916
Gross Unrealized Depreciation    
Less than 12 months (220) (68)
Greater than 12 months (563) (547)
Total (783) (615)
Due in one year or less    
Fair Value    
Less than 12 months 307 165
Greater than 12 months 523 675
Total 830 840
Gross Unrealized Depreciation    
Less than 12 months (11) (5)
Greater than 12 months (12) (18)
Total (23) (23)
Due in one year through five years    
Fair Value    
Less than 12 months 3,627 1,475
Greater than 12 months 2,142 2,411
Total 5,768 3,887
Gross Unrealized Depreciation    
Less than 12 months (68) (33)
Greater than 12 months (162) (156)
Total (230) (189)
Due in five years through ten years    
Fair Value    
Less than 12 months 2,922 859
Greater than 12 months 815 987
Total 3,736 1,846
Gross Unrealized Depreciation    
Less than 12 months (78) (14)
Greater than 12 months (94) (99)
Total (172) (112)
Due after ten years    
Fair Value    
Less than 12 months 325 223
Greater than 12 months 707 752
Total 1,033 975
Gross Unrealized Depreciation    
Less than 12 months (15) (3)
Greater than 12 months (82) (74)
Total (97) (77)
Asset-backed securities    
Fair Value    
Less than 12 months 1,970 802
Greater than 12 months 426 429
Total 2,396 1,231
Gross Unrealized Depreciation    
Less than 12 months (28) (5)
Greater than 12 months (15) (12)
Total (43) (17)
Mortgage-backed securities    
Fair Value    
Less than 12 months 1,789 646
Greater than 12 months 2,394 2,490
Total 4,182 3,137
Gross Unrealized Depreciation    
Less than 12 months (19) (8)
Greater than 12 months (199) (188)
Total (218) (196)
Securities where an allowance for credit loss was recorded    
Fair Value    
Less than 12 months 41 24
Greater than 12 months 0 14
Total 41 37
Gross Unrealized Depreciation    
Less than 12 months (1) (2)
Greater than 12 months 0 (2)
Total $ (1) $ (4)