v3.24.2.u1
Equity - Schedule of OCI reclassification adjustments (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Other Comprehensive Income (Loss) Reclassification Adjustments        
Unrealized change arising during period $ (759) $ (1,549) $ (1,666) $ 1,786
Less: Reclassification adjustments included in net income (424) (234) (766) (335)
Total other comprehensive income (loss), before income tax expense (benefit) (335) (1,315) (900) 2,121
Less: Income tax expense (benefit) 35 (201) 114 430
Other comprehensive income (loss) (370) (1,114) (1,014) 1,691
Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which allowance for credit losses was Taken        
Other Comprehensive Income (Loss) Reclassification Adjustments        
Unrealized change arising during period (14) 52 25 76
Less: Reclassification adjustments included in net income (2) (3) (8) (17)
Total other comprehensive income (loss), before income tax expense (benefit) (12) 55 33 93
Less: Income tax expense (benefit) (3) 12 7 20
Other comprehensive income (loss) (9) 43 26 73
Change in unrealized depreciation of investments        
Other Comprehensive Income (Loss) Reclassification Adjustments        
Unrealized change arising during period (1,665) (2,009) (3,248) 1,770
Less: Reclassification adjustments included in net income (601) (231) (937) (318)
Total other comprehensive income (loss), before income tax expense (benefit) (1,064) (1,778) (2,311) 2,088
Less: Income tax expense (benefit) (97) (294) (168) 440
Other comprehensive income (loss) (967) (1,484) (2,143) 1,648
Change in fair value of market risk benefits attributable to changes in our own credit risk        
Other Comprehensive Income (Loss) Reclassification Adjustments        
Unrealized change arising during period 202 (240) 173 (146)
Less: Reclassification adjustments included in net income 0 0 0 0
Total other comprehensive income (loss), before income tax expense (benefit) 202 (240) 173 (146)
Less: Income tax expense (benefit) 43 (51) 37 (31)
Other comprehensive income (loss) 159 (189) 136 (115)
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts        
Other Comprehensive Income (Loss) Reclassification Adjustments        
Unrealized change arising during period 718 628 1,413 33
Less: Reclassification adjustments included in net income 246 0 246 0
Total other comprehensive income (loss), before income tax expense (benefit) 472 628 1,167 33
Less: Income tax expense (benefit) 93 142 245 12
Other comprehensive income (loss) 379 486 922 21
Cash Flow Hedges        
Other Comprehensive Income (Loss) Reclassification Adjustments        
Unrealized change arising during period (3) (8) (28) (15)
Less: Reclassification adjustments included in net income 0 0 0 0
Total other comprehensive income (loss), before income tax expense (benefit) (3) (8) (28) (15)
Less: Income tax expense (benefit) (1) (2) (6) (5)
Other comprehensive income (loss) (2) (6) (22) (10)
Foreign Currency Translation Adjustments        
Other Comprehensive Income (Loss) Reclassification Adjustments        
Unrealized change arising during period 3 28 (1) 65
Less: Reclassification adjustments included in net income (67) 0 (67) 0
Total other comprehensive income (loss), before income tax expense (benefit) 70 28 66 65
Less: Income tax expense (benefit) 0 (8) (1) (7)
Other comprehensive income (loss) 70 36 67 72
Retirement Plan Liabilities Adjustment        
Other Comprehensive Income (Loss) Reclassification Adjustments        
Unrealized change arising during period 0 0 0 3
Less: Reclassification adjustments included in net income 0 0 0 0
Total other comprehensive income (loss), before income tax expense (benefit) 0 0 0 3
Less: Income tax expense (benefit) 0 0 0 1
Other comprehensive income (loss) $ 0 $ 0 $ 0 $ 2