v3.26.3
INVESTMENTS - Schedule of Aggregate Fair Value and Gross Unrealized Depreciation of Fixed Maturity Securities by Security Type (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Fair Value    
Less than 12 months $ 18,494 $ 4,194
Greater than 12 months 7,712 7,759
Total 26,206 11,953
Gross Unrealized Depreciation    
Less than 12 months (777) (70)
Greater than 12 months (872) (549)
Total (1,648) (619)
No Recorded Allowance for Credit Losses    
Fair Value    
Less than 12 months 18,486 4,171
Greater than 12 months 7,712 7,745
Total 26,198 11,916
Gross Unrealized Depreciation    
Less than 12 months (775) (68)
Greater than 12 months (872) (547)
Total (1,646) (615)
U.S. Treasury securities and obligations of U.S. government agencies and corporations    
Fair Value    
Less than 12 months 422 244
Greater than 12 months 277 333
Total 699 577
Gross Unrealized Depreciation    
Less than 12 months (23) (5)
Greater than 12 months (18) (14)
Total (41) (19)
Tax-exempt obligations of U.S. states and political subdivisions    
Fair Value    
Less than 12 months 1 2
Greater than 12 months 28 33
Total 29 35
Gross Unrealized Depreciation    
Less than 12 months 0 0
Greater than 12 months (7) (4)
Total (7) (4)
Corporate securities    
Fair Value    
Less than 12 months 5,802 1,370
Greater than 12 months 2,211 1,990
Total 8,013 3,360
Gross Unrealized Depreciation    
Less than 12 months (237) (31)
Greater than 12 months (244) (147)
Total (481) (179)
Asset-backed securities    
Fair Value    
Less than 12 months 2,096 802
Greater than 12 months 396 429
Total 2,491 1,231
Gross Unrealized Depreciation    
Less than 12 months (93) (5)
Greater than 12 months (24) (12)
Total (116) (17)
Agency commercial    
Fair Value    
Less than 12 months 313 43
Greater than 12 months 50 17
Total 363 60
Gross Unrealized Depreciation    
Less than 12 months (35) (1)
Greater than 12 months (7) (1)
Total (42) (2)
Non-agency commercial    
Fair Value    
Less than 12 months 486 288
Greater than 12 months 631 631
Total 1,117 919
Gross Unrealized Depreciation    
Less than 12 months (4) (5)
Greater than 12 months (44) (29)
Total (48) (33)
Agency residential    
Fair Value    
Less than 12 months 3,146 234
Greater than 12 months 1,556 1,755
Total 4,702 1,990
Gross Unrealized Depreciation    
Less than 12 months (141) (3)
Greater than 12 months (263) (158)
Total (404) (161)
Non-agency residential    
Fair Value    
Less than 12 months 1,522 81
Greater than 12 months 76 87
Total 1,598 168
Gross Unrealized Depreciation    
Less than 12 months (74) 0
Greater than 12 months (5) 0
Total (79) (1)
Foreign government securities    
Fair Value    
Less than 12 months 1,024 260
Greater than 12 months 707 854
Total 1,731 1,114
Gross Unrealized Depreciation    
Less than 12 months (36) (4)
Greater than 12 months (83) (61)
Total (119) (64)
Foreign corporate securities    
Fair Value    
Less than 12 months 3,673 847
Greater than 12 months 1,781 1,615
Total 5,455 2,463
Gross Unrealized Depreciation    
Less than 12 months (131) (15)
Greater than 12 months (177) (120)
Total (308) (135)
Securities where an allowance for credit loss was recorded    
Fair Value    
Less than 12 months 8 24
Greater than 12 months 0 14
Total 8 37
Gross Unrealized Depreciation    
Less than 12 months (2) (2)
Greater than 12 months 0 (2)
Total $ (2) $ (4)