v3.26.1
Investments (Tables)
3 Months Ended
Mar. 31, 2026
Investment Segment  
Schedule of Investments  
Investment

March 31, 

December 31, 

  ​ ​ ​

2026

  ​ ​ ​

2025

(in millions)

Assets

Investments:

 

  ​

 

  ​

Equity securities:

 

  ​

 

  ​

Communications

$

165

$

371

Consumer, cyclical

 

169

 

180

Energy

 

81

 

71

Utilities

 

158

 

622

Healthcare

 

56

 

99

Financial

 

24

 

Materials

 

310

 

288

Industrial

 

567

 

515

$

1,530

$

2,146

Liabilities

 

  ​

 

  ​

Securities sold, not yet purchased, at fair value:

 

  ​

 

  ​

Equity securities:

 

  ​

 

  ​

Energy

$

361

$

798

Utilities

 

305

 

525

Industrial

82

59

$

748

$

1,382

Other Segments and Holding Company  
Schedule of Investments  
Investment

March 31, 

December 31, 

  ​ ​ ​

2026

  ​ ​ ​

2025

(in millions)

Equity method investments

$

94

$

91

Held to maturity debt investments measured at amortized cost

11

11

Other investments measured at fair value

 

3

 

3

$

108

$

105