v3.26.1
INVESTMENTS - Schedule of Aggregate Fair Value and Gross Unrealized Depreciation of Fixed Maturity Securities - Available for Sale, by Contractual Maturity (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Fair Value    
Less than 12 months $ 5,472 $ 2,521
Greater than 12 months 3,975 3,964
Total 9,447 6,484
Gross Unrealized Depreciation    
Less than 12 months (86) (32)
Greater than 12 months (313) (290)
Total (399) (322)
No Recorded Allowance for Credit Losses    
Fair Value    
Less than 12 months 5,414 2,497
Greater than 12 months 3,975 3,950
Total 9,389 6,447
Gross Unrealized Depreciation    
Less than 12 months (85) (30)
Greater than 12 months (313) (288)
Total (398) (318)
Due in one year or less    
Fair Value    
Less than 12 months 66 55
Greater than 12 months 361 338
Total 426 393
Gross Unrealized Depreciation    
Less than 12 months (2) (1)
Greater than 12 months (12) (9)
Total (14) (10)
Due in one year through five years    
Fair Value    
Less than 12 months 1,354 634
Greater than 12 months 1,169 1,012
Total 2,523 1,646
Gross Unrealized Depreciation    
Less than 12 months (22) (9)
Greater than 12 months (87) (70)
Total (110) (80)
Due in five years through ten years    
Fair Value    
Less than 12 months 1,214 413
Greater than 12 months 327 426
Total 1,541 839
Gross Unrealized Depreciation    
Less than 12 months (25) (8)
Greater than 12 months (35) (43)
Total (60) (52)
Due after ten years    
Fair Value    
Less than 12 months 122 65
Greater than 12 months 423 455
Total 544 519
Gross Unrealized Depreciation    
Less than 12 months (3) (1)
Greater than 12 months (41) (41)
Total (44) (42)
Asset-backed securities    
Fair Value    
Less than 12 months 1,153 764
Greater than 12 months 348 366
Total 1,501 1,130
Gross Unrealized Depreciation    
Less than 12 months (15) (5)
Greater than 12 months (12) (10)
Total (27) (15)
Mortgage-backed securities    
Fair Value    
Less than 12 months 1,506 567
Greater than 12 months 1,347 1,353
Total 2,853 1,920
Gross Unrealized Depreciation    
Less than 12 months (17) (6)
Greater than 12 months (127) (114)
Total (144) (119)
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)