XML 48 R36.htm IDEA: XBRL DOCUMENT v3.22.1
Investments (Details) - Investment Information, Debt Securities - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Dec. 31, 2020
Investment disclosure details        
Fixed maturities, amortized cost $ 76,158   $ 74,751  
Allowance for expected credit losses 4   3  
Gross unrealized gains 846   3,356  
Gross unrealized losses 2,614   294  
Fixed maturities, at fair value 74,386   77,810  
Proceeds from sales of fixed maturities classified as available for sale 1,044 $ 1,238    
Gross realized gains 5 15    
Gross realized losses 2 1    
U.S. Treasury securities and obligations of U.S. government and government agencies and authorities [Member]        
Investment disclosure details        
Fixed maturities, amortized cost 3,356   3,574  
Allowance for expected credit losses 0   0  
Gross unrealized gains 7   20  
Gross unrealized losses 190   32  
Fixed maturities, at fair value 3,173   3,562  
Obligations of U.S. states, municipalities and political subdivisions [Member]        
Investment disclosure details        
Fixed maturities, amortized cost 35,992   34,925  
Allowance for expected credit losses 0   0  
Gross unrealized gains 559   2,012  
Gross unrealized losses 1,263   75  
Fixed maturities, at fair value 35,288   36,862  
Obligations of U.S. states, municipalities and political subdivisions, local general obligation [Member]        
Investment disclosure details        
Fixed maturities, amortized cost 19,345   18,668  
Allowance for expected credit losses 0   0  
Gross unrealized gains 275   1,045  
Gross unrealized losses 821   46  
Fixed maturities, at fair value 18,799   19,667  
Obligations of U.S. states, municipalities and political subdivisions, revenue [Member]        
Investment disclosure details        
Fixed maturities, amortized cost 11,585   11,274  
Allowance for expected credit losses 0   0  
Gross unrealized gains 172   693  
Gross unrealized losses 396   27  
Fixed maturities, at fair value 11,361   11,940  
Obligations of U.S. states, municipalities and political subdivisions, state general obligation [Member]        
Investment disclosure details        
Fixed maturities, amortized cost 1,180   1,158  
Allowance for expected credit losses 0   0  
Gross unrealized gains 19   67  
Gross unrealized losses 46   2  
Fixed maturities, at fair value 1,153   1,223  
Obligations of U.S. states, municipalities and political subdivisions, pre-refunded [Member]        
Investment disclosure details        
Fixed maturities, amortized cost 3,882   3,825  
Allowance for expected credit losses 0   0  
Gross unrealized gains 93   207  
Gross unrealized losses 0   0  
Fixed maturities, at fair value 3,975   4,032  
Debt securities issued by foreign governments [Member]        
Investment disclosure details        
Fixed maturities, amortized cost 1,073   1,041  
Allowance for expected credit losses 0   0  
Gross unrealized gains 0   7  
Gross unrealized losses 32   7  
Fixed maturities, at fair value 1,041   1,041  
Mortgage-backed securities, collateralized mortgage obligations and pass-through securities [Member]        
Investment disclosure details        
Fixed maturities, amortized cost 1,791   1,754  
Allowance for expected credit losses 0   0  
Gross unrealized gains 23   68  
Gross unrealized losses 54   5  
Fixed maturities, at fair value 1,760   1,817  
Corporate and all other bonds [Member]        
Investment disclosure details        
Fixed maturities, amortized cost 33,946   33,457  
Allowance for expected credit losses 4 $ 2 3 $ 2
Gross unrealized gains 257   1,249  
Gross unrealized losses 1,075   175  
Fixed maturities, at fair value $ 33,124   $ 34,528