v3.25.4
INVESTMENTS - Schedule of Aggregate Fair Value and Gross Unrealized Depreciation of Fixed Maturity Securities by Contractual Maturity (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)
Fixed maturities    
Gross Unrealized Depreciation    
Less than 12 months   (324)
Greater than 12 months (549) (833)
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)
Due in one year or less    
Fair Value    
Less than 12 months 165 138
Greater than 12 months 675 544
Total 840 682
Gross Unrealized Depreciation    
Less than 12 months (5) (5)
Greater than 12 months (18) (34)
Total (23) (39)
Due in one year through five years    
Fair Value    
Less than 12 months 1,475 3,503
Greater than 12 months 2,411 2,770
Total 3,887 6,273
Gross Unrealized Depreciation    
Less than 12 months (33) (87)
Greater than 12 months (156) (249)
Total (189) (335)
Due in five years through ten years    
Fair Value    
Less than 12 months 859 1,850
Greater than 12 months 987 1,382
Total 1,846 3,232
Gross Unrealized Depreciation    
Less than 12 months (14) (50)
Greater than 12 months (99) (220)
Total (112) (271)
Due after ten years    
Fair Value    
Less than 12 months 223 677
Greater than 12 months 752 487
Total 975 1,164
Gross Unrealized Depreciation    
Less than 12 months (3) (32)
Greater than 12 months (74) (76)
Total (77) (107)
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)
Mortgage-backed securities    
Fair Value    
Less than 12 months 646 3,461
Greater than 12 months 2,490 2,008
Total 3,137 5,469
Gross Unrealized Depreciation    
Less than 12 months (8) (129)
Greater than 12 months (188) (235)
Total (196) (364)
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)