v3.26.1
Investments - Schedule of Consolidated Investments (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Available-for-sale securities    
Amortized Cost $ 57,287 $ 57,161
Allowance for Expected Credit Losses (78) (112)
Gross Unrealized Gains 366 622
Gross Unrealized Losses (3,302) (3,110)
Fair Value 54,273 54,561
Asset-backed securities    
Available-for-sale securities    
Amortized Cost 18,138 18,853
Allowance for Expected Credit Losses (14) (25)
Gross Unrealized Gains 104 166
Gross Unrealized Losses (352) (256)
Fair Value 17,876 18,738
Commercial mortgage-backed securities    
Available-for-sale securities    
Amortized Cost 4,847 5,341
Allowance for Expected Credit Losses (56) (61)
Gross Unrealized Gains 28 58
Gross Unrealized Losses (154) (139)
Fair Value 4,665 5,199
Corporates    
Available-for-sale securities    
Amortized Cost 27,117 26,538
Allowance for Expected Credit Losses (7) (25)
Gross Unrealized Gains 169 302
Gross Unrealized Losses (2,429) (2,368)
Fair Value 24,850 24,447
Hybrids    
Available-for-sale securities    
Amortized Cost 616 625
Allowance for Expected Credit Losses 0 0
Gross Unrealized Gains 4 6
Gross Unrealized Losses (23) (22)
Fair Value 597 609
Municipals    
Available-for-sale securities    
Amortized Cost 1,577 1,604
Allowance for Expected Credit Losses 0 0
Gross Unrealized Gains 3 4
Gross Unrealized Losses (217) (215)
Fair Value 1,363 1,393
Residential mortgage-backed securities    
Available-for-sale securities    
Amortized Cost 3,770 2,846
Allowance for Expected Credit Losses (1) (1)
Gross Unrealized Gains 54 76
Gross Unrealized Losses (75) (70)
Fair Value 3,748 2,851
U.S. Government    
Available-for-sale securities    
Amortized Cost 770 954
Allowance for Expected Credit Losses 0 0
Gross Unrealized Gains 1 5
Gross Unrealized Losses (5) (3)
Fair Value 766 956
Foreign Governments    
Available-for-sale securities    
Amortized Cost 452 400
Allowance for Expected Credit Losses 0 0
Gross Unrealized Gains 3 5
Gross Unrealized Losses (47) (37)
Fair Value $ 408 $ 368