v3.26.1
INVESTMENTS - Schedule of Aggregate Fair Value and Gross Unrealized Depreciation of Fixed Maturity Securities by Contractual Maturity (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Fair Value    
Less than 12 months $ 8,997 $ 4,194
Greater than 12 months 7,876 7,759
Total 16,873 11,953
Gross Unrealized Depreciation    
Less than 12 months (148) (70)
Greater than 12 months (601) (549)
Total (749) (619)
No Recorded Allowance for Credit Losses    
Fair Value    
Less than 12 months 8,939 4,171
Greater than 12 months 7,876 7,745
Total 16,815 11,916
Gross Unrealized Depreciation    
Less than 12 months (147) (68)
Greater than 12 months (601) (547)
Total (748) (615)
Due in one year or less    
Fair Value    
Less than 12 months 138 165
Greater than 12 months 798 675
Total 935 840
Gross Unrealized Depreciation    
Less than 12 months (3) (5)
Greater than 12 months (25) (18)
Total (29) (23)
Due in one year through five years    
Fair Value    
Less than 12 months 2,783 1,475
Greater than 12 months 2,671 2,411
Total 5,454 3,887
Gross Unrealized Depreciation    
Less than 12 months (44) (33)
Greater than 12 months (191) (156)
Total (234) (189)
Due in five years through ten years    
Fair Value    
Less than 12 months 2,661 859
Greater than 12 months 850 987
Total 3,511 1,846
Gross Unrealized Depreciation    
Less than 12 months (54) (14)
Greater than 12 months (86) (99)
Total (141) (112)
Due after ten years    
Fair Value    
Less than 12 months 280 223
Greater than 12 months 712 752
Total 992 975
Gross Unrealized Depreciation    
Less than 12 months (9) (3)
Greater than 12 months (73) (74)
Total (82) (77)
Asset-backed securities    
Fair Value    
Less than 12 months 1,197 802
Greater than 12 months 409 429
Total 1,606 1,231
Gross Unrealized Depreciation    
Less than 12 months (16) (5)
Greater than 12 months (13) (12)
Total (29) (17)
Mortgage-backed securities    
Fair Value    
Less than 12 months 1,881 646
Greater than 12 months 2,435 2,490
Total 4,316 3,137
Gross Unrealized Depreciation    
Less than 12 months (20) (8)
Greater than 12 months (213) (188)
Total (233) (196)
Securities where an allowance for credit loss was recorded    
Fair Value    
Less than 12 months 58 24
Greater than 12 months 0 14
Total 58 37
Gross Unrealized Depreciation    
Less than 12 months (1) (2)
Greater than 12 months 0 (2)
Total $ (1) $ (4)