Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary Of Aggregate Contractual Or Notional Amounts And Estimated Fair Values

A summary of the aggregate contractual or notional amounts and estimated fair values related to derivative financial instruments at December 31, 2021 and 2020 is as follows:

	Contractual/ Notional Amount		Balance Sheet Location	Estimated Fair Value
				Asset		(Liability)
December 31, 2021
Hedging instruments
Interest rate swaps - fixed to floating	$	825	Other assets/other liabilities	$	23	$	(5)
Non-hedging instruments
Interest rate swaps	119		Equity securities/other assets/other liabilities	—		(5)
Options	100		Other assets/other liabilities	—		—
Collars	19		Equity securities	21		(17)
Futures	344		Equity securities	3		(2)
Subtotal non-hedging	582		Subtotal non-hedging	24		(24)
Total derivatives	$	1,407	Total derivatives	47		(29)
			Amounts netted	(21)		21
			Net derivatives	$	26	$	(8)
December 31, 2020
Hedging instruments
Interest rate swaps - fixed to floating	$	575	Other assets/other liabilities	$	37	$	—
Non-hedging instruments
Interest rate swaps	27		Equity securities	—		—
Futures	183		Equity securities	6		(5)
Subtotal non-hedging	210		Subtotal non-hedging	6		(5)
Total derivatives	$	785	Total derivatives	43		(5)
			Amounts netted	—		—
			Net derivatives	$	43	$	(5)

Summary Of Outstanding Fair Value Hedges

A summary of our outstanding fair value hedges at December 31, 2021 and 2020 is as follows:

Type of Fair Value Hedges	Year Entered Into	Outstanding Notional Amount				Interest Rate Received		Expiration Date
		2021		2020
Interest rate swap	2021	$	150	$	—	2.550	%	September 15, 2030
Interest rate swap	2021	100		—		2.250		November 15, 2029
Interest rate swap	2020	75		75		4.101		September 1, 2027
Interest rate swap	2018	50		50		4.101		September 1, 2027
Interest rate swap	2018	450		450		3.300		January 15, 2023
Total notional amount outstanding		$	825	$	575

Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location

The following amounts were recorded on our consolidated balance sheets related to cumulative basis adjustments for fair value hedges at December 31, 2021 and 2020:

Balance Sheet Classification in Which Hedged Item is Included	Carrying Amount of Hedged Liability				Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Liability
	2021		2020		2021		2020
Current portion of long term-debt	$	1,599	$	700	$	23	$	37
Long-term debt	21,157		19,335		(5)		—

Effect Of Non-Hedging Derivatives On Income Statement And Included In Net Realized Gains (Losses) On Financial Instruments

A summary of the effect of non-hedging derivatives on our consolidated statements of income for the years ended December 31, 2021, 2020 and 2019 is as follows:

Type of Non-hedging Derivatives	Income Statement Location of Gain (Loss) Recognized	Derivative Gain (Loss) Recognized
Year ended December 31, 2021
Interest rate swaps	Net gains on financial instruments	$	(4)
Collars	Net gains on financial instruments	4
Futures	Net gains on financial instruments	7
Total		$	7
Year ended December 31, 2020
Interest rate swaps	Net gains on financial instruments	$	(1)
Options	Net gains on financial instruments	(5)
Futures	Net gains on financial instruments	4
Total		$	(2)
Year ended December 31, 2019
Interest rate swaps	Net gains on financial instruments	$	1
Options	Net gains on financial instruments	(8)
Futures	Net gains on financial instruments	(10)
Total		$	(17)