XML 111 R85.htm IDEA: XBRL DOCUMENT v3.24.0.1
Investments - Amortized cost or cost and fair value of available for sale securities (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Debt Securities, Available-for-sale [Line Items]        
Amortized Cost $ 253,035 $ 255,993    
Allowance for credit losses (162) (186) $ (98) $ (186)
Gross Unrealized Gains 3,261 2,222    
Gross Unrealized Losses (24,401) (31,873)    
Bonds available for sale [1] 231,733 226,156    
Non-Investment Grade        
Debt Securities, Available-for-sale [Line Items]        
Bonds available for sale $ 17,100 $ 22,300    
Non-Investment Grade | Credit Concentration Risk | Bonds available for sale        
Debt Securities, Available-for-sale [Line Items]        
Concentration risk (as a percent) 7.00% 10.00%    
U.S. government and government sponsored entities        
Debt Securities, Available-for-sale [Line Items]        
Amortized Cost $ 5,885 $ 7,094    
Allowance for credit losses 0 0    
Gross Unrealized Gains 58 21    
Gross Unrealized Losses (327) (496)    
Bonds available for sale 5,616 6,619    
Obligations of states, municipalities and political subdivisions        
Debt Securities, Available-for-sale [Line Items]        
Amortized Cost 11,387 13,195    
Allowance for credit losses 0 0    
Gross Unrealized Gains 118 99    
Gross Unrealized Losses (842) (1,195)    
Bonds available for sale 10,663 12,099    
Non-U.S. governments        
Debt Securities, Available-for-sale [Line Items]        
Amortized Cost 13,668 15,133    
Allowance for credit losses (3) (6)    
Gross Unrealized Gains 137 91    
Gross Unrealized Losses (1,349) (1,733)    
Bonds available for sale 12,453 13,485    
Corporate debt        
Debt Securities, Available-for-sale [Line Items]        
Amortized Cost 154,674 160,242    
Allowance for credit losses (90) (132)    
Gross Unrealized Gains 1,898 1,152    
Gross Unrealized Losses (18,050) (23,423)    
Bonds available for sale 138,432 137,839    
Mortgage-backed, asset-backed and collateralized        
Debt Securities, Available-for-sale [Line Items]        
Amortized Cost 67,421 60,329    
Allowance for credit losses (69) (48)    
Gross Unrealized Gains 1,050 859    
Gross Unrealized Losses (3,833) (5,026)    
Bonds available for sale 64,569 56,114    
RMBS        
Debt Securities, Available-for-sale [Line Items]        
Amortized Cost 20,875 19,584    
Allowance for credit losses (35) (37)    
Gross Unrealized Gains 821 807    
Gross Unrealized Losses (1,217) (1,537)    
Bonds available for sale 20,444 18,817    
CMBS        
Debt Securities, Available-for-sale [Line Items]        
Amortized Cost 15,379 15,610    
Allowance for credit losses (34) (11)    
Gross Unrealized Gains 46 14    
Gross Unrealized Losses (1,263) (1,420)    
Bonds available for sale 14,128 14,193    
CLO/ABS        
Debt Securities, Available-for-sale [Line Items]        
Amortized Cost 31,167 25,135    
Allowance for credit losses 0 0    
Gross Unrealized Gains 183 38    
Gross Unrealized Losses (1,353) (2,069)    
Bonds available for sale $ 29,997 $ 23,104    
[1] See Note 10 for details of balances associated with variable interest entities.