v3.26.1
Investments (Tables)
6 Months Ended
Jun. 30, 2026
Investment Segment  
Schedule of Investments  
Investment

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​

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June 30, 

​

December 31, 

​

  ​ ​ ​

2026

  ​ ​ ​

2025

​

​

(in millions)

Assets

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​

​

​

​

​

Investments:

 

​

  ​

 

​

  ​

Equity securities:

 

​

  ​

 

​

  ​

Communications

​

$

142

​

$

371

Consumer, cyclical

​

 

161

​

 

180

Energy

​

 

69

​

 

71

Utilities

​

 

59

​

 

622

Healthcare

​

 

58

​

 

99

Technology

​

 

8

​

 

—

Materials

​

 

339

​

 

288

Industrial

​

 

552

​

 

515

​

​

$

1,388

​

$

2,146

Liabilities

​

 

  ​

​

 

  ​

Securities sold, not yet purchased, at fair value:

​

 

​

​

 

  ​

Equity securities:

​

 

  ​

​

 

  ​

Energy

​

$

882

​

$

798

Utilities

​

 

51

​

 

525

Industrial

​

​

67

​

​

59

​

​

$

1,000

​

$

1,382

​

​

​

​

​

​

​

Other Segments and Holding Company  
Schedule of Investments  
Investment

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​

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​

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June 30, 

​

December 31, 

​

  ​ ​ ​

2026

  ​ ​ ​

2025

​

​

(in millions)

Equity method investments

​

$

96

​

$

91

Held to maturity debt investments measured at amortized cost

​

​

11

​

​

11

Other investments measured at fair value

​

 

3

​

 

3

​

​

$

110

​

$

105