v3.25.4
INVESTMENTS - Schedule of Aggregate Fair Value and Gross Unrealized Depreciation of Fixed Maturity Securities by Security Type (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Fair Value    
Less than 12 months $ 4,194 $ 10,604
Greater than 12 months 7,759 7,728
Total 11,953 18,332
Gross Unrealized Depreciation    
Less than 12 months (70) (324)
Greater than 12 months (549) (833)
Total (619) (1,157)
No Recorded Allowance for Credit Losses    
Fair Value    
Less than 12 months 4,171 10,587
Greater than 12 months 7,745 7,728
Total 11,916 18,315
Gross Unrealized Depreciation    
Less than 12 months (68) (323)
Greater than 12 months (547) (833)
Total (615) (1,156)
U.S. Treasury securities and obligations of U.S. government agencies and corporations    
Fair Value    
Less than 12 months 244 80
Greater than 12 months 333 398
Total 577 478
Gross Unrealized Depreciation    
Less than 12 months (5) (1)
Greater than 12 months (14) (23)
Total (19) (24)
Obligations of U.S. States and political subdivisions    
Fair Value    
Less than 12 months 2 9
Greater than 12 months 33 40
Total 35 48
Gross Unrealized Depreciation    
Less than 12 months 0 0
Greater than 12 months (4) (5)
Total (4) (5)
Corporate securities    
Fair Value    
Less than 12 months 1,370 2,744
Greater than 12 months 1,990 2,132
Total 3,360 4,876
Gross Unrealized Depreciation    
Less than 12 months (31) (76)
Greater than 12 months (147) (221)
Total (179) (297)
Asset-backed securities    
Fair Value    
Less than 12 months 802 958
Greater than 12 months 429 537
Total 1,231 1,495
Gross Unrealized Depreciation    
Less than 12 months (5) (20)
Greater than 12 months (12) (19)
Total (17) (39)
Agency commercial    
Fair Value    
Less than 12 months 43 0
Greater than 12 months 17 0
Total 60 0
Gross Unrealized Depreciation    
Less than 12 months (1) 0
Greater than 12 months (1) 0
Total (2) 0
Non-agency commercial    
Fair Value    
Less than 12 months 288 53
Greater than 12 months 631 757
Total 919 810
Gross Unrealized Depreciation    
Less than 12 months (5) (3)
Greater than 12 months (29) (63)
Total (33) (66)
Agency residential    
Fair Value    
Less than 12 months 234 2,754
Greater than 12 months 1,755 1,226
Total 1,990 3,980
Gross Unrealized Depreciation    
Less than 12 months (3) (115)
Greater than 12 months (158) (172)
Total (161) (287)
Non-agency residential    
Fair Value    
Less than 12 months 81 654
Greater than 12 months 87 25
Total 168 678
Gross Unrealized Depreciation    
Less than 12 months 0 (11)
Greater than 12 months 0 0
Total (1) (11)
Foreign government securities    
Fair Value    
Less than 12 months 260 851
Greater than 12 months 854 828
Total 1,114 1,679
Gross Unrealized Depreciation    
Less than 12 months (4) (35)
Greater than 12 months (61) (112)
Total (64) (147)
Foreign corporate securities    
Fair Value    
Less than 12 months 847 2,484
Greater than 12 months 1,615 1,785
Total 2,463 4,269
Gross Unrealized Depreciation    
Less than 12 months (15) (61)
Greater than 12 months (120) (218)
Total (135) (279)
Securities where an allowance for credit loss was recorded    
Fair Value    
Less than 12 months 24 17
Greater than 12 months 14 0
Total 37 17
Gross Unrealized Depreciation    
Less than 12 months (2) (1)
Greater than 12 months (2) 0
Total $ (4) $ (1)