XML 51 R40.htm IDEA: XBRL DOCUMENT v3.23.3
Investments (Details) - Investment Information, Debt Securities - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Jun. 30, 2023
Dec. 31, 2022
Jun. 30, 2022
Dec. 31, 2021
Investment disclosure details            
Fixed maturities, amortized cost $ 80,792     $ 77,380    
Allowance for expected credit losses 4     3    
Gross unrealized gains 28     135    
Gross unrealized losses 8,232     6,352    
Fixed maturities, at fair value 72,584     71,160    
Proceeds from sales of fixed maturities classified as available for sale 4,619 $ 3,951        
Gross realized gains 26 17        
Gross realized losses 93 52        
U.S. Treasury securities and obligations of U.S. government and government agencies and authorities [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 6,575     5,798    
Allowance for expected credit losses 0     0    
Gross unrealized gains 0     3    
Gross unrealized losses 363     363    
Fixed maturities, at fair value 6,212     5,438    
Obligations of U.S. states, municipalities and political subdivisions [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 30,330     34,118    
Allowance for expected credit losses 0     0    
Gross unrealized gains 4     82    
Gross unrealized losses 4,096     2,821    
Fixed maturities, at fair value 26,238     31,379    
Obligations of U.S. states, municipalities and political subdivisions, local general obligation [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 18,358     19,615    
Allowance for expected credit losses 0     0    
Gross unrealized gains 1     33    
Gross unrealized losses 2,675     1,825    
Fixed maturities, at fair value 15,684     17,823    
Obligations of U.S. states, municipalities and political subdivisions, revenue [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 9,750     11,076    
Allowance for expected credit losses 0     0    
Gross unrealized gains 2     29    
Gross unrealized losses 1,275     907    
Fixed maturities, at fair value 8,477     10,198    
Obligations of U.S. states, municipalities and political subdivisions, state general obligation [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 1,174     1,104    
Allowance for expected credit losses 0     0    
Gross unrealized gains 0     3    
Gross unrealized losses 137     88    
Fixed maturities, at fair value 1,037     1,019    
Obligations of U.S. states, municipalities and political subdivisions, pre-refunded [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 1,048     2,323    
Allowance for expected credit losses 0     0    
Gross unrealized gains 1     17    
Gross unrealized losses 9     1    
Fixed maturities, at fair value 1,040     2,339    
Debt securities issued by foreign governments [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 1,037     1,049    
Allowance for expected credit losses 0     0    
Gross unrealized gains 1     0    
Gross unrealized losses 56     55    
Fixed maturities, at fair value 982     994    
Mortgage-backed securities, collateralized mortgage obligations and pass-through securities [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 6,927     2,178    
Allowance for expected credit losses 0     0    
Gross unrealized gains 7     13    
Gross unrealized losses 411     200    
Fixed maturities, at fair value 6,523     1,991    
Corporate and all other bonds [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 35,923     34,237    
Allowance for expected credit losses 4 $ 3 $ 4 3 $ 4 $ 3
Gross unrealized gains 16     37    
Gross unrealized losses 3,306     2,913    
Fixed maturities, at fair value $ 32,629     $ 31,358