v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Fixed maturity securities, available-for-sale securities, amortized cost $ 57,703 $ 57,161
Fixed maturity securities, available-for-sale securities, allowance for credit losses 91 112
Available-for-sale securities, pledged securities, secured trust deposits 470 446
Allowance for credit loss 97 86
Investments in unconsolidated affiliates 5,299 5,166
Other long-term investments 1,579 1,572
Cash related to secured trust deposits 329 261
Cash and cash equivalents 2,467 2,636
Allowance for doubtful accounts, premiums and other receivables 30 31
Expected credit losses on reinsurance recoverable $ 18 $ 18
Common stock, par or stated value per share (in usd per share) $ 0.0001 $ 0.0001
Common stock, shares authorized (in shares) 600,000,000 600,000,000
Common stock, shares, outstanding (in shares) 269,000,000 271,000,000
Preferred stock, par or stated value per share (in usd per share) $ 0.0001 $ 0.0001
Preferred stock, shares authorized (in shares) 50,000,000 50,000,000
Preferred stock, shares issued (in shares) 0 0
Preferred stock, shares outstanding (in shares) 0 0
Treasury stock (in shares) 63,000,000 61,000,000
Investments in unconsolidated affiliates    
Investments in unconsolidated affiliates, fair value $ 260 $ 270
Variable Interest Entity, Primary Beneficiary    
Investments in unconsolidated affiliates 270 262
Other long-term investments 246 248
Short-term investments 33 116
Cash and cash equivalents $ 1 $ 2