v3.26.1
Equity - Schedule of OCI reclassification adjustments (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Other Comprehensive Income (Loss) Reclassification Adjustments        
Other comprehensive income (loss) $ 261 $ 1,417 $ (715) $ 3,049
Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which allowance for credit losses was Taken        
Other Comprehensive Income (Loss) Reclassification Adjustments        
Unrealized change arising during period 34 17 (5) 32
Less: Reclassification adjustments included in net income 1 0 5 (1)
Total other comprehensive income (loss), before income tax expense (benefit) 33 17 (10) 33
Less: Income tax expense (benefit) 7 4 (2) 7
Other comprehensive income (loss) 26 13 (8) 26
Unrealized Appreciation (Depreciation) of All Other Investments        
Other Comprehensive Income (Loss) Reclassification Adjustments        
Unrealized change arising during period 931 799 (1,801) 2,615
Less: Reclassification adjustments included in net income (60) (768) (323) (923)
Total other comprehensive income (loss), before income tax expense (benefit) 991 1,567 (1,478) 3,538
Less: Income tax expense (benefit) 258 305 (183) 792
Other comprehensive income (loss) 733 1,262 (1,295) 2,746
Change in fair value of market risk benefits attributable to changes in our own credit risk        
Other Comprehensive Income (Loss) Reclassification Adjustments        
Unrealized change arising during period (266) 16 335 (44)
Less: Reclassification adjustments included in net income 0 0 0 0
Total other comprehensive income (loss), before income tax expense (benefit) (266) 16 335 (44)
Less: Income tax expense (benefit) (58) 3 72 (10)
Other comprehensive income (loss) (208) 13 263 (34)
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts        
Other Comprehensive Income (Loss) Reclassification Adjustments        
Unrealized change arising during period (256) 60 581 143
Less: Reclassification adjustments included in net income 0 0 0 33
Total other comprehensive income (loss), before income tax expense (benefit) (256) 60 581 110
Less: Income tax expense (benefit) (55) 13 127 23
Other comprehensive income (loss) (201) 47 454 87
Cash flow hedges        
Other Comprehensive Income (Loss) Reclassification Adjustments        
Unrealized change arising during period (108) 57 (160) 232
Less: Reclassification adjustments included in net income 0 0 0 0
Total other comprehensive income (loss), before income tax expense (benefit) (108) 57 (160) 232
Less: Income tax expense (benefit) (23) 12 (35) 50
Other comprehensive income (loss) (85) 45 (125) 182
Foreign currency translation adjustments        
Other Comprehensive Income (Loss) Reclassification Adjustments        
Unrealized change arising during period (4) 41 (4) 46
Less: Reclassification adjustments included in net income 0 0 0 0
Total other comprehensive income (loss), before income tax expense (benefit) (4) 41 (4) 46
Less: Income tax expense (benefit) 0 4 0 4
Other comprehensive income (loss) (4) 37 (4) 42
Total        
Other Comprehensive Income (Loss) Reclassification Adjustments        
Unrealized change arising during period 331 990 (1,054) 3,024
Less: Reclassification adjustments included in net income (59) (768) (318) (891)
Total other comprehensive income (loss), before income tax expense (benefit) 390 1,758 (736) 3,915
Less: Income tax expense (benefit) 129 341 (21) 866
Other comprehensive income (loss) $ 261 $ 1,417 $ (715) $ 3,049