v3.26.1
Investments - Schedule of Consolidated Investments (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Available-for-sale securities    
Amortized Cost $ 57,703 $ 57,161
Allowance for Expected Credit Losses (91) (112)
Gross Unrealized Gains 378 622
Gross Unrealized Losses (3,583) (3,110)
Fair Value 54,407 54,561
Asset-backed securities    
Available-for-sale securities    
Amortized Cost 18,868 18,853
Allowance for Expected Credit Losses (20) (25)
Gross Unrealized Gains 119 166
Gross Unrealized Losses (362) (256)
Fair Value 18,605 18,738
Commercial mortgage-backed securities    
Available-for-sale securities    
Amortized Cost 5,179 5,341
Allowance for Expected Credit Losses (63) (61)
Gross Unrealized Gains 35 58
Gross Unrealized Losses (154) (139)
Fair Value 4,997 5,199
Corporates    
Available-for-sale securities    
Amortized Cost 27,372 26,538
Allowance for Expected Credit Losses (7) (25)
Gross Unrealized Gains 155 302
Gross Unrealized Losses (2,694) (2,368)
Fair Value 24,826 24,447
Hybrids    
Available-for-sale securities    
Amortized Cost 643 625
Allowance for Expected Credit Losses 0 0
Gross Unrealized Gains 3 6
Gross Unrealized Losses (27) (22)
Fair Value 619 609
Municipals    
Available-for-sale securities    
Amortized Cost 1,587 1,604
Allowance for Expected Credit Losses 0 0
Gross Unrealized Gains 3 4
Gross Unrealized Losses (223) (215)
Fair Value 1,367 1,393
Residential mortgage-backed securities    
Available-for-sale securities    
Amortized Cost 2,672 2,846
Allowance for Expected Credit Losses (1) (1)
Gross Unrealized Gains 59 76
Gross Unrealized Losses (72) (70)
Fair Value 2,658 2,851
U.S. Government    
Available-for-sale securities    
Amortized Cost 967 954
Allowance for Expected Credit Losses 0 0
Gross Unrealized Gains 3 5
Gross Unrealized Losses (5) (3)
Fair Value 965 956
Foreign Governments    
Available-for-sale securities    
Amortized Cost 415 400
Allowance for Expected Credit Losses 0 0
Gross Unrealized Gains 1 5
Gross Unrealized Losses (46) (37)
Fair Value $ 370 $ 368