XML 87 R75.htm IDEA: XBRL DOCUMENT v3.22.1
INVESTMENT OPERATIONS - Amortized Cost and Fair Value of Investments (Details) - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Debt Securities, Trading and Available-for-sale [Abstract]      
Amortized Cost $ 66,042 $ 63,220  
Gross Unrealized Gains 5,289 7,053  
Gross Unrealized Losses (295) (131)  
Allowance for Expected Credit Losses (1) (23)  
Fair Value 71,035 70,119  
Residential mortgage-backed securities      
Debt Securities, Trading and Available-for-sale [Abstract]      
Amortized Cost 6,876 6,510  
Gross Unrealized Gains 31 159  
Gross Unrealized Losses (102) (1)  
Allowance for Expected Credit Losses 0 0  
Fair Value 6,805 6,668  
Commercial mortgage-backed securities      
Debt Securities, Trading and Available-for-sale [Abstract]      
Amortized Cost 2,239 2,429  
Gross Unrealized Gains 75 128  
Gross Unrealized Losses (7) (19)  
Allowance for Expected Credit Losses 0 (4) $ 0
Fair Value 2,307 2,534  
Other asset-backed securities      
Debt Securities, Trading and Available-for-sale [Abstract]      
Amortized Cost 1,391 1,546  
Gross Unrealized Gains 31 40  
Gross Unrealized Losses (2) (7)  
Allowance for Expected Credit Losses 0 (1) 0
Fair Value 1,420 1,578  
U.S. government-related securities      
Debt Securities, Trading and Available-for-sale [Abstract]      
Amortized Cost 821 1,492  
Gross Unrealized Gains 12 26  
Gross Unrealized Losses (25) (3)  
Allowance for Expected Credit Losses 0 0  
Fair Value 808 1,515  
Other government-related securities      
Debt Securities, Trading and Available-for-sale [Abstract]      
Amortized Cost 680 622  
Gross Unrealized Gains 75 96  
Gross Unrealized Losses (2) (1)  
Allowance for Expected Credit Losses 0 0  
Fair Value 753 717  
States, municipals, and political subdivisions      
Debt Securities, Trading and Available-for-sale [Abstract]      
Amortized Cost 3,747 3,902  
Gross Unrealized Gains 410 519  
Gross Unrealized Losses (1) (1)  
Allowance for Expected Credit Losses 0 0  
Fair Value 4,156 4,420  
Corporate securities      
Debt Securities, Trading and Available-for-sale [Abstract]      
Amortized Cost 49,211 46,150  
Gross Unrealized Gains 4,645 6,074  
Gross Unrealized Losses (156) (99)  
Allowance for Expected Credit Losses (1) (18) 0
Fair Value 53,699 52,107  
Preferred Stock      
Debt Securities, Trading and Available-for-sale [Abstract]      
Amortized Cost 297 183  
Gross Unrealized Gains 10 11  
Gross Unrealized Losses 0 0  
Allowance for Expected Credit Losses 0 0  
Fair Value 307 194  
Total fixed maturity securities - AFS      
Debt Securities, Trading and Available-for-sale [Abstract]      
Amortized Cost 65,262 62,834  
Gross Unrealized Gains 5,289 7,053  
Gross Unrealized Losses (295) (131)  
Allowance for Expected Credit Losses (1) (23) $ 0
Fair Value 70,255 69,733  
Short-term investments      
Debt Securities, Trading and Available-for-sale [Abstract]      
Amortized Cost 780 386  
Gross Unrealized Gains 0 0  
Gross Unrealized Losses 0 0  
Allowance for Expected Credit Losses 0 0  
Fair Value 780 386  
Public utility securities      
Debt Securities, Trading and Available-for-sale [Abstract]      
Amortized Cost 6,500 6,300  
Fair Value 7,000 7,000  
Foreign government securities      
Debt Securities, Trading and Available-for-sale [Abstract]      
Amortized Cost 620 557  
Fair Value $ 687 $ 644