v3.26.1
Investments - Realized Investment Gains and Losses and Change in Unrealized Investment Gains and Losses and Other Items (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Investment income:        
Interest $ 244 $ 214 $ 479 $ 424
Dividends 72 70 148 137
Other 8 5 20 12
Total 324 289 647 573
Less investment expenses 5 4 10 8
Total 319 285 637 565
Investment gains and losses, net        
Other 3 5 4 12
Total 1,308 473 1,238 406
Equity securities        
Investment gains and losses, net        
Investment gains and losses on securities sold, net 183 (1) 223 (3)
Unrealized gains and losses on securities still held, net 1,117 481 1,006 411
Total 1,300 480 1,229 408
Fixed maturities        
Investment gains and losses, net        
Gross realized gains 7 1 9 1
Gross realized losses (1) 0 (2) 0
Change in allowance for credit losses, net (1) (13) (2) (15)
Total $ 5 $ (12) $ 5 $ (14)