XML 51 R40.htm IDEA: XBRL DOCUMENT v3.23.2
Investments (Details) - Investment Information, Debt Securities - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Mar. 31, 2023
Dec. 31, 2022
Mar. 31, 2022
Dec. 31, 2021
Investment disclosure details            
Fixed maturities, amortized cost $ 79,027     $ 77,380    
Allowance for expected credit losses 4     3    
Gross unrealized gains 99     135    
Gross unrealized losses 5,910     6,352    
Fixed maturities, at fair value 73,212     71,160    
Proceeds from sales of fixed maturities classified as available for sale 3,115 $ 2,701        
Gross realized gains 19 10        
Gross realized losses 51 8        
U.S. Treasury securities and obligations of U.S. government and government agencies and authorities [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 6,420     5,798    
Allowance for expected credit losses 0     0    
Gross unrealized gains 0     3    
Gross unrealized losses 346     363    
Fixed maturities, at fair value 6,074     5,438    
Obligations of U.S. states, municipalities and political subdivisions [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 31,814     34,118    
Allowance for expected credit losses 0     0    
Gross unrealized gains 65     82    
Gross unrealized losses 2,450     2,821    
Fixed maturities, at fair value 29,429     31,379    
Obligations of U.S. states, municipalities and political subdivisions, local general obligation [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 18,886     19,615    
Allowance for expected credit losses 0     0    
Gross unrealized gains 33     33    
Gross unrealized losses 1,600     1,825    
Fixed maturities, at fair value 17,319     17,823    
Obligations of U.S. states, municipalities and political subdivisions, revenue [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 10,141     11,076    
Allowance for expected credit losses 0     0    
Gross unrealized gains 25     29    
Gross unrealized losses 772     907    
Fixed maturities, at fair value 9,394     10,198    
Obligations of U.S. states, municipalities and political subdivisions, state general obligation [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 1,194     1,104    
Allowance for expected credit losses 0     0    
Gross unrealized gains 2     3    
Gross unrealized losses 76     88    
Fixed maturities, at fair value 1,120     1,019    
Obligations of U.S. states, municipalities and political subdivisions, pre-refunded [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 1,593     2,323    
Allowance for expected credit losses 0     0    
Gross unrealized gains 5     17    
Gross unrealized losses 2     1    
Fixed maturities, at fair value 1,596     2,339    
Debt securities issued by foreign governments [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 1,084     1,049    
Allowance for expected credit losses 0     0    
Gross unrealized gains 0     0    
Gross unrealized losses 56     55    
Fixed maturities, at fair value 1,028     994    
Mortgage-backed securities, collateralized mortgage obligations and pass-through securities [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 4,463     2,178    
Allowance for expected credit losses 0     0    
Gross unrealized gains 11     13    
Gross unrealized losses 222     200    
Fixed maturities, at fair value 4,252     1,991    
Corporate and all other bonds [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 35,246     34,237    
Allowance for expected credit losses 4 $ 4 $ 4 3 $ 4 $ 3
Gross unrealized gains 23     37    
Gross unrealized losses 2,836     2,913    
Fixed maturities, at fair value $ 32,429     $ 31,358