v3.26.1
Investments - Gross Unrealized losses by Major Security (Detail)
$ in Millions
Jun. 30, 2026
USD ($)
security
Dec. 31, 2025
USD ($)
security
Jun. 30, 2025
USD ($)
security
Number of Securities      
Total | security 1,224 696 768
Less than 12 Months | security 788 182 157
12 Months or Greater | security 436 514 611
Fair Value      
Total $ 62,159 $ 28,580 $ 21,390
Less than 12 Months 50,891 15,413 5,447
12 Months or Greater 11,268 13,167 15,943
Unrealized Losses      
Total (1,230) (753) (999)
Less than 12 Months (534) (67) (33)
12 Months or Greater $ (696) $ (686) $ (966)
U.S. government      
Number of Securities      
Total | security 91 62 73
Less than 12 Months | security 51 8 9
12 Months or Greater | security 40 54 64
Fair Value      
Total $ 37,839 $ 17,402 $ 10,463
Less than 12 Months 32,644 11,327 2,878
12 Months or Greater 5,195 6,075 7,585
Unrealized Losses      
Total (734) (357) (472)
Less than 12 Months (400) (54) (20)
12 Months or Greater $ (334) $ (303) $ (452)
State and local government      
Number of Securities      
Total | security 351 252 275
Less than 12 Months | security 188 60 53
12 Months or Greater | security 163 192 222
Fair Value      
Total $ 2,239 $ 1,589 $ 1,677
Less than 12 Months 1,174 318 289
12 Months or Greater 1,065 1,271 1,388
Unrealized Losses      
Total (62) (58) (78)
Less than 12 Months (9) (1) (1)
12 Months or Greater $ (53) $ (57) $ (77)
Corporate and other debt      
Number of Securities      
Total | security 379 141 159
Less than 12 Months | security 305 36 28
12 Months or Greater | security 74 105 131
Fair Value      
Total $ 10,640 $ 3,821 $ 3,737
Less than 12 Months 8,825 1,177 610
12 Months or Greater 1,815 2,644 3,127
Unrealized Losses      
Total (139) (68) (112)
Less than 12 Months (83) (5) (6)
12 Months or Greater $ (56) $ (63) $ (106)
Residential mortgage-backed      
Number of Securities      
Total | security 79 30 29
Less than 12 Months | security 61 12 11
12 Months or Greater | security 18 18 18
Fair Value      
Total $ 1,997 $ 293 $ 385
Less than 12 Months 1,946 233 342
12 Months or Greater 51 60 43
Unrealized Losses      
Total (23) (6) (7)
Less than 12 Months (17) (1) (2)
12 Months or Greater $ (6) $ (5) $ (5)
Commercial mortgage-backed      
Number of Securities      
Total | security 160 147 153
Less than 12 Months | security 51 34 16
12 Months or Greater | security 109 113 137
Fair Value      
Total $ 4,222 $ 3,551 $ 3,331
Less than 12 Months 1,831 1,210 448
12 Months or Greater 2,391 2,341 2,883
Unrealized Losses      
Total (229) (233) (286)
Less than 12 Months (7) (3) (2)
12 Months or Greater $ (222) $ (230) $ (284)
Other asset-backed      
Number of Securities      
Total | security 164 64 79
Less than 12 Months | security 132 32 40
12 Months or Greater | security 32 32 39
Fair Value      
Total $ 5,222 $ 1,924 $ 1,797
Less than 12 Months 4,471 1,148 880
12 Months or Greater 751 776 917
Unrealized Losses      
Total (43) (31) (44)
Less than 12 Months (18) (3) (2)
12 Months or Greater $ (25) $ (28) $ (42)