v3.26.1
Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Aggregate Carrying Value of Long-Term Debt
The aggregate carrying value of long-term debt was as follows (in millions):

March 31,December 31,
20262025
Long-Term Debt
5.170% Senior Notes due 2027
$399 $399 
3.125% Senior Notes due 2031
497 496 
5.670% Senior Notes due 2032
348 348 
4.000% Senior Notes due 2051
490 490 
Surplus notes due 2027
250 250 
FHLBI bank loans due 2034 & 203543 47 
Total long-term debt$2,027 $2,030 
Schedule of Contractual Maturities of Long-term Debt
The following table presents the contractual maturities of the Company's long-term debt as of March 31, 2026 (in millions):

Calendar Year
20272028202920302031 and thereafterTotal
Long-term debt$649 $— $— $— $1,378 $2,027