Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions		Jun. 30, 2022		Dec. 31, 2021
Assets
Fixed maturities available for sale, at fair value, net of valuation allowance - $78 and $14 (amortized cost – $88,516 and $90,493)		$ 82,069		$ 93,108
Fixed maturities held to maturity, at amortized cost, net of valuation allowance - $34 and $35 (fair value – $9,333 and $10,647)		9,532		10,118
Equity securities, at fair value		2,649		4,782
Short-term investments, at fair value (amortized cost – $3,433 and $3,147)		3,431		3,146
Other investments, at fair value		12,168		11,169
Total investments		109,849		122,323
Cash		7,122	[1]	1,659
Restricted cash		117		152
Securities lending collateral		1,658		1,831
Accrued investment income		829		821
Insurance and reinsurance balances receivable, net of valuation allowance - $50 and $46		12,758		11,322
Reinsurance recoverable on losses and loss expenses, net of valuation allowance - $341 and $329	[2]	17,777		17,366
Reinsurance recoverable on policy benefits	[2]	205		213
Deferred policy acquisition costs		5,602		5,513
Value of business acquired		221		236
Goodwill		15,045		15,213
Other intangible assets		5,272		5,455
Deferred tax assets		564		0
Prepaid reinsurance premiums		3,356		3,028
Investments in partially-owned insurance companies		3,002		3,130
Other assets		12,274		11,792
Total assets		195,651		200,054
Liabilities
Unpaid losses and loss expenses		74,092		72,943
Unearned premiums		20,386		19,101
Future policy benefits		5,940		5,947
Insurance and reinsurance balances payable		7,888		7,243
Securities lending payable		1,658		1,831
Accounts payable, accrued expenses, and other liabilities		14,516		15,004
Deferred tax liabilities		0		389
Repurchase agreements		3,411		1,406
Short-term debt		1,474		999
Long-term debt		14,311		15,169
Trust preferred securities		308		308
Total liabilities		143,984		140,340
Commitments and contingencies (refer to Note 7)
Shareholders’ equity
Common Shares (CHF 24.15 par value; 459,555,714 and 474,021,114 shares issued; 418,474,087 and 426,572,612 shares outstanding)		10,666		10,985
Common Shares in treasury (41,081,627 and 47,448,502 shares)		(6,794)		(7,464)
Additional paid-in capital		7,707		8,478
Retained earnings		48,363		47,365
Accumulated other comprehensive income (loss) (AOCI)		(8,275)		350
Total shareholders’ equity		51,667		59,714
Total liabilities and shareholders’ equity		$ 195,651		$ 200,054

[1] On July 1, 2022, we paid $5.36 billion for the acquisition of Cigna's life and non-life insurance companies in six Asia-Pacific markets. Refer to Note 2 for additional information

[2] Net of valuation allowance for uncollectible reinsurance.