v3.26.1
Fair Value of Financial Instruments - Schedule of Carrying Value and Estimated Fair Value of Financial Instruments Carried at Other Than Fair Value (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Assets    
Investments in unconsolidated affiliates $ 5,247 $ 5,166
Trade and notes receivables, net of allowance 526 473
Total  
Total Estimated Fair Value    
Assets    
FHLB common stock 175 155
Commercial mortgage loans 3,440 3,025
Residential mortgage loans 5,276 4,424
Investments in unconsolidated affiliates 4,798 4,608
Policy loans 171 147
Other invested assets 108 93
Company-owned life insurance 915 887
Trade and notes receivables, net of allowance 526 473
Total 15,409 13,812
Liabilities    
Investment contracts, included in Contractholder funds 51,704 51,027
Debt 4,080 4,204
Total 55,784 55,231
Carrying Amount    
Assets    
FHLB common stock 175 155
Commercial mortgage loans 3,683 3,242
Residential mortgage loans 5,582 4,649
Investments in unconsolidated affiliates 4,798 4,608
Policy loans 171 147
Other invested assets 108 93
Company-owned life insurance 915 887
Trade and notes receivables, net of allowance 526 473
Total 15,958 14,254
Liabilities    
Investment contracts, included in Contractholder funds 57,318 56,184
Debt 4,378 4,400
Total 61,696 60,584
Level 1    
Assets    
FHLB common stock 0 0
Commercial mortgage loans 0 0
Residential mortgage loans 0 0
Investments in unconsolidated affiliates 0 0
Policy loans 0 0
Other invested assets 29 18
Company-owned life insurance 0 0
Trade and notes receivables, net of allowance 0 0
Total 29 18
Liabilities    
Investment contracts, included in Contractholder funds 0 0
Debt 0 0
Total 0 0
Level 2    
Assets    
FHLB common stock 175 155
Commercial mortgage loans 0 0
Residential mortgage loans 0 0
Investments in unconsolidated affiliates 0 0
Policy loans 0 0
Other invested assets 0 0
Company-owned life insurance 0 0
Trade and notes receivables, net of allowance 0 0
Total 175 155
Liabilities    
Investment contracts, included in Contractholder funds 0 0
Debt 4,080 4,204
Total 4,080 4,204
Level 3    
Assets    
FHLB common stock 0 0
Commercial mortgage loans 3,440 3,025
Residential mortgage loans 5,276 4,424
Investments in unconsolidated affiliates 0 0
Policy loans 171 147
Other invested assets 0 0
Company-owned life insurance 915 887
Trade and notes receivables, net of allowance 526 473
Total 10,328 8,956
Liabilities    
Investment contracts, included in Contractholder funds 51,704 51,027
Debt 0 0
Total 51,704 51,027
NAV    
Assets    
Investments in unconsolidated affiliates 4,798 4,608
Other invested assets 79 75
Total $ 4,877 $ 4,683