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SCHEDULE I — SUMMARY OF INVESTMENTS — OTHER THAN INVESTMENTS IN RELATED PARTIES
 12 Months Ended
Dec. 31, 2025
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Abstract]  
SCHEDULE I — SUMMARY OF INVESTMENTS — OTHER THAN INVESTMENTS IN RELATED PARTIES
SCHEDULE I — SUMMARY OF INVESTMENTS —
OTHER THAN INVESTMENTS IN RELATED PARTIES
December 31, 2025
Column AColumn BColumn CColumn D
(Dollars in millions)CostFair
Value		Amount
Shown in
Balance
Sheet
Fixed maturities - available for sale
U.S. Treasury securities and obligations of U.S. government agencies and corporations$845 $830 $830 
Obligations of U.S. states and political subdivisions45 41 41 
Corporate securities9,913 9,882 9,882 
Asset-backed securities5,094 5,077 5,077 
Mortgage-backed securities:
Agency commercial404 412 412 
Non-agency commercial1,151 1,121 1,121 
Agency residential5,544 5,465 5,465 
Non-agency residential1,689 1,721 1,721 
Foreign government securities2,400 2,371 2,371 
Foreign corporate securities7,535 7,653 7,653 
Total fixed maturities-available for sale34,620 34,573 34,573 
Fixed maturities - held to maturity
Foreign corporate securities79 84 78 
Corporate securities166 169 164 
Asset-backed securities328 322 325 
Mortgage-backed securities:
Commercial— — — 
Total fixed maturities-held to maturity573 576 567 
Equity securities - at fair value (1)
179 180 180 
Short-term investments2,994 2,994 2,994 
Other invested assets5,796 5,796 5,796 
Cash1,318 1,318 1,318 
Total investments and cash$45,481 $45,437 $45,429 
(Some amounts may not reconcile due to rounding.)
(1) Original cost does not reflect fair value adjustments, which have been realized through the statements of operations and comprehensive income (loss).