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TheFinAI
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FinCL-eval-v2

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<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Revenue reconciliation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earned premiums</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Workers’ compensation</td><td></td><td>$</td><td>3,470 </td><td></td><td></td><td>$</td><td>3,467</td><td></td><td></td><td>$</td><td>3,425</td><td></td></tr><tr><td>Commercial automobile</td><td></td><td>3,590 </td><td></td><td></td><td>3,215</td><td></td><td></td><td>2,976</td><td></td></tr><tr><td>Commercial property</td><td></td><td>3,616 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,611</td><td></td></tr><tr><td>General liability</td><td></td><td>3,464 </td><td></td><td></td><td>3,146</td><td></td><td></td><td>2,875</td><td></td></tr><tr><td>Commercial multi-peril</td><td></td><td>5,269 </td><td></td><td></td><td>4,686</td><td></td><td></td><td>4,109</td><td></td></tr><tr><td>Other</td><td></td><td>73 </td><td></td><td></td><td>76</td><td></td><td></td><td>76</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>19,482 </td><td></td><td></td><td>17,744</td><td></td><td></td><td>16,072</td><td></td></tr><tr><td>International</td><td></td><td>1,863 </td><td></td><td></td><td>1,400</td><td></td><td></td><td>1,023</td><td></td></tr><tr><td>Total Business Insurance</td><td></td><td>21,345 </td><td></td><td></td><td>19,144</td><td></td><td></td><td>17,095</td><td></td></tr><tr><td>Bond & Specialty Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fidelity and surety</td><td></td><td>1,416 </td><td></td><td></td><td>1,290</td><td></td><td></td><td>1,173</td><td></td></tr><tr><td>General liability</td><td></td><td>1,778 </td><td></td><td></td><td>1,639</td><td></td><td></td><td>1,556</td><td></td></tr><tr><td>Other</td><td></td><td>231 </td><td></td><td></td><td>225</td><td></td><td></td><td>222</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>3,425 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,951</td><td></td></tr><tr><td>International</td><td></td><td>533 </td><td></td><td></td><td>501</td><td></td><td></td><td>467</td><td></td></tr><tr><td>Total Bond & Specialty Insurance</td><td></td><td>3,958 </td><td></td><td></td><td>3,655</td><td></td><td></td><td>3,418</td><td></td></tr><tr><td>Personal Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Automobile</td><td></td><td>7,767 </td><td></td><td></td><td>6,923</td><td></td><td></td><td>6,170</td><td></td></tr><tr><td>Homeowners and Other</td><td></td><td>8,208 </td><td></td><td></td><td>7,404</td><td></td><td></td><td>6,426</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>15,975 </td><td></td><td></td><td>14,327</td><td></td><td></td><td>12,596</td><td></td></tr><tr><td>International</td><td></td><td>663 </td><td></td><td></td><td>635</td><td></td><td></td><td>654</td><td></td></tr><tr><td>Total Personal Insurance</td><td></td><td>16,638 </td><td></td><td></td><td>14,962</td><td></td><td></td><td>13,250</td><td></td></tr><tr><td>Total earned premiums</td><td></td><td>41,941 </td><td></td><td></td><td>37,761</td><td></td><td></td><td>33,763</td><td></td></tr><tr><td>Net investment income</td><td></td><td>3,590 </td><td></td><td></td><td>2,922</td><td></td><td></td><td>2,562</td><td></td></tr><tr><td>Fee income</td><td></td><td>473 </td><td></td><td></td><td>433</td><td></td><td></td><td>412</td><td></td></tr><tr><td>Other revenues</td><td></td><td>449 </td><td></td><td></td><td>353</td><td></td><td></td><td>351</td><td></td></tr><tr><td>Total segment revenues</td><td></td><td>46,453 </td><td></td><td></td><td>41,469</td><td></td><td></td><td>37,088</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 30 )</td><td></td><td></td><td>( 105 )</td><td></td><td></td><td>( 204 )</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr><tr><td>Income reconciliation, net of tax</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total segment income</td><td></td><td>$</td><td>5,370 </td><td></td><td></td><td>$</td><td>3,397</td><td></td><td></td><td>$</td><td>3,299</td><td></td></tr><tr><td>Interest Expense and Other (1) Interest Expense and Other (1)</td><td></td><td>( 345 )</td><td></td><td></td><td>( 325 )</td><td></td><td></td><td>( 301 )</td><td></td></tr><tr><td>Core income</td><td></td><td>5,025 </td><td></td><td></td><td>3,072</td><td></td><td></td><td>2,998</td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 26 )</td><td></td><td></td><td>( 81 )</td><td></td><td></td><td>( 156 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td>$</td><td>4,999 </td><td></td><td></td><td>$</td><td>2,991</td><td></td><td></td><td>$</td><td>2,842</td><td></td></tr></table>
table
16638
monetaryItemType
table: <entity> 16638 </entity> <entity type> monetaryItemType </entity type> <context> Total Personal Insurance | 16,638 | 14,962 | 13,250 </context>
us-gaap:PremiumsEarnedNet
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Revenue reconciliation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earned premiums</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Workers’ compensation</td><td></td><td>$</td><td>3,470 </td><td></td><td></td><td>$</td><td>3,467</td><td></td><td></td><td>$</td><td>3,425</td><td></td></tr><tr><td>Commercial automobile</td><td></td><td>3,590 </td><td></td><td></td><td>3,215</td><td></td><td></td><td>2,976</td><td></td></tr><tr><td>Commercial property</td><td></td><td>3,616 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,611</td><td></td></tr><tr><td>General liability</td><td></td><td>3,464 </td><td></td><td></td><td>3,146</td><td></td><td></td><td>2,875</td><td></td></tr><tr><td>Commercial multi-peril</td><td></td><td>5,269 </td><td></td><td></td><td>4,686</td><td></td><td></td><td>4,109</td><td></td></tr><tr><td>Other</td><td></td><td>73 </td><td></td><td></td><td>76</td><td></td><td></td><td>76</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>19,482 </td><td></td><td></td><td>17,744</td><td></td><td></td><td>16,072</td><td></td></tr><tr><td>International</td><td></td><td>1,863 </td><td></td><td></td><td>1,400</td><td></td><td></td><td>1,023</td><td></td></tr><tr><td>Total Business Insurance</td><td></td><td>21,345 </td><td></td><td></td><td>19,144</td><td></td><td></td><td>17,095</td><td></td></tr><tr><td>Bond & Specialty Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fidelity and surety</td><td></td><td>1,416 </td><td></td><td></td><td>1,290</td><td></td><td></td><td>1,173</td><td></td></tr><tr><td>General liability</td><td></td><td>1,778 </td><td></td><td></td><td>1,639</td><td></td><td></td><td>1,556</td><td></td></tr><tr><td>Other</td><td></td><td>231 </td><td></td><td></td><td>225</td><td></td><td></td><td>222</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>3,425 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,951</td><td></td></tr><tr><td>International</td><td></td><td>533 </td><td></td><td></td><td>501</td><td></td><td></td><td>467</td><td></td></tr><tr><td>Total Bond & Specialty Insurance</td><td></td><td>3,958 </td><td></td><td></td><td>3,655</td><td></td><td></td><td>3,418</td><td></td></tr><tr><td>Personal Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Automobile</td><td></td><td>7,767 </td><td></td><td></td><td>6,923</td><td></td><td></td><td>6,170</td><td></td></tr><tr><td>Homeowners and Other</td><td></td><td>8,208 </td><td></td><td></td><td>7,404</td><td></td><td></td><td>6,426</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>15,975 </td><td></td><td></td><td>14,327</td><td></td><td></td><td>12,596</td><td></td></tr><tr><td>International</td><td></td><td>663 </td><td></td><td></td><td>635</td><td></td><td></td><td>654</td><td></td></tr><tr><td>Total Personal Insurance</td><td></td><td>16,638 </td><td></td><td></td><td>14,962</td><td></td><td></td><td>13,250</td><td></td></tr><tr><td>Total earned premiums</td><td></td><td>41,941 </td><td></td><td></td><td>37,761</td><td></td><td></td><td>33,763</td><td></td></tr><tr><td>Net investment income</td><td></td><td>3,590 </td><td></td><td></td><td>2,922</td><td></td><td></td><td>2,562</td><td></td></tr><tr><td>Fee income</td><td></td><td>473 </td><td></td><td></td><td>433</td><td></td><td></td><td>412</td><td></td></tr><tr><td>Other revenues</td><td></td><td>449 </td><td></td><td></td><td>353</td><td></td><td></td><td>351</td><td></td></tr><tr><td>Total segment revenues</td><td></td><td>46,453 </td><td></td><td></td><td>41,469</td><td></td><td></td><td>37,088</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 30 )</td><td></td><td></td><td>( 105 )</td><td></td><td></td><td>( 204 )</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr><tr><td>Income reconciliation, net of tax</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total segment income</td><td></td><td>$</td><td>5,370 </td><td></td><td></td><td>$</td><td>3,397</td><td></td><td></td><td>$</td><td>3,299</td><td></td></tr><tr><td>Interest Expense and Other (1) Interest Expense and Other (1)</td><td></td><td>( 345 )</td><td></td><td></td><td>( 325 )</td><td></td><td></td><td>( 301 )</td><td></td></tr><tr><td>Core income</td><td></td><td>5,025 </td><td></td><td></td><td>3,072</td><td></td><td></td><td>2,998</td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 26 )</td><td></td><td></td><td>( 81 )</td><td></td><td></td><td>( 156 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td>$</td><td>4,999 </td><td></td><td></td><td>$</td><td>2,991</td><td></td><td></td><td>$</td><td>2,842</td><td></td></tr></table>
table
14962
monetaryItemType
table: <entity> 14962 </entity> <entity type> monetaryItemType </entity type> <context> Total Personal Insurance | 16,638 | 14,962 | 13,250 </context>
us-gaap:PremiumsEarnedNet
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Revenue reconciliation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earned premiums</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Workers’ compensation</td><td></td><td>$</td><td>3,470 </td><td></td><td></td><td>$</td><td>3,467</td><td></td><td></td><td>$</td><td>3,425</td><td></td></tr><tr><td>Commercial automobile</td><td></td><td>3,590 </td><td></td><td></td><td>3,215</td><td></td><td></td><td>2,976</td><td></td></tr><tr><td>Commercial property</td><td></td><td>3,616 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,611</td><td></td></tr><tr><td>General liability</td><td></td><td>3,464 </td><td></td><td></td><td>3,146</td><td></td><td></td><td>2,875</td><td></td></tr><tr><td>Commercial multi-peril</td><td></td><td>5,269 </td><td></td><td></td><td>4,686</td><td></td><td></td><td>4,109</td><td></td></tr><tr><td>Other</td><td></td><td>73 </td><td></td><td></td><td>76</td><td></td><td></td><td>76</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>19,482 </td><td></td><td></td><td>17,744</td><td></td><td></td><td>16,072</td><td></td></tr><tr><td>International</td><td></td><td>1,863 </td><td></td><td></td><td>1,400</td><td></td><td></td><td>1,023</td><td></td></tr><tr><td>Total Business Insurance</td><td></td><td>21,345 </td><td></td><td></td><td>19,144</td><td></td><td></td><td>17,095</td><td></td></tr><tr><td>Bond & Specialty Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fidelity and surety</td><td></td><td>1,416 </td><td></td><td></td><td>1,290</td><td></td><td></td><td>1,173</td><td></td></tr><tr><td>General liability</td><td></td><td>1,778 </td><td></td><td></td><td>1,639</td><td></td><td></td><td>1,556</td><td></td></tr><tr><td>Other</td><td></td><td>231 </td><td></td><td></td><td>225</td><td></td><td></td><td>222</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>3,425 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,951</td><td></td></tr><tr><td>International</td><td></td><td>533 </td><td></td><td></td><td>501</td><td></td><td></td><td>467</td><td></td></tr><tr><td>Total Bond & Specialty Insurance</td><td></td><td>3,958 </td><td></td><td></td><td>3,655</td><td></td><td></td><td>3,418</td><td></td></tr><tr><td>Personal Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Automobile</td><td></td><td>7,767 </td><td></td><td></td><td>6,923</td><td></td><td></td><td>6,170</td><td></td></tr><tr><td>Homeowners and Other</td><td></td><td>8,208 </td><td></td><td></td><td>7,404</td><td></td><td></td><td>6,426</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>15,975 </td><td></td><td></td><td>14,327</td><td></td><td></td><td>12,596</td><td></td></tr><tr><td>International</td><td></td><td>663 </td><td></td><td></td><td>635</td><td></td><td></td><td>654</td><td></td></tr><tr><td>Total Personal Insurance</td><td></td><td>16,638 </td><td></td><td></td><td>14,962</td><td></td><td></td><td>13,250</td><td></td></tr><tr><td>Total earned premiums</td><td></td><td>41,941 </td><td></td><td></td><td>37,761</td><td></td><td></td><td>33,763</td><td></td></tr><tr><td>Net investment income</td><td></td><td>3,590 </td><td></td><td></td><td>2,922</td><td></td><td></td><td>2,562</td><td></td></tr><tr><td>Fee income</td><td></td><td>473 </td><td></td><td></td><td>433</td><td></td><td></td><td>412</td><td></td></tr><tr><td>Other revenues</td><td></td><td>449 </td><td></td><td></td><td>353</td><td></td><td></td><td>351</td><td></td></tr><tr><td>Total segment revenues</td><td></td><td>46,453 </td><td></td><td></td><td>41,469</td><td></td><td></td><td>37,088</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 30 )</td><td></td><td></td><td>( 105 )</td><td></td><td></td><td>( 204 )</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr><tr><td>Income reconciliation, net of tax</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total segment income</td><td></td><td>$</td><td>5,370 </td><td></td><td></td><td>$</td><td>3,397</td><td></td><td></td><td>$</td><td>3,299</td><td></td></tr><tr><td>Interest Expense and Other (1) Interest Expense and Other (1)</td><td></td><td>( 345 )</td><td></td><td></td><td>( 325 )</td><td></td><td></td><td>( 301 )</td><td></td></tr><tr><td>Core income</td><td></td><td>5,025 </td><td></td><td></td><td>3,072</td><td></td><td></td><td>2,998</td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 26 )</td><td></td><td></td><td>( 81 )</td><td></td><td></td><td>( 156 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td>$</td><td>4,999 </td><td></td><td></td><td>$</td><td>2,991</td><td></td><td></td><td>$</td><td>2,842</td><td></td></tr></table>
table
13250
monetaryItemType
table: <entity> 13250 </entity> <entity type> monetaryItemType </entity type> <context> Total Personal Insurance | 16,638 | 14,962 | 13,250 </context>
us-gaap:PremiumsEarnedNet
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Revenue reconciliation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earned premiums</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Workers’ compensation</td><td></td><td>$</td><td>3,470 </td><td></td><td></td><td>$</td><td>3,467</td><td></td><td></td><td>$</td><td>3,425</td><td></td></tr><tr><td>Commercial automobile</td><td></td><td>3,590 </td><td></td><td></td><td>3,215</td><td></td><td></td><td>2,976</td><td></td></tr><tr><td>Commercial property</td><td></td><td>3,616 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,611</td><td></td></tr><tr><td>General liability</td><td></td><td>3,464 </td><td></td><td></td><td>3,146</td><td></td><td></td><td>2,875</td><td></td></tr><tr><td>Commercial multi-peril</td><td></td><td>5,269 </td><td></td><td></td><td>4,686</td><td></td><td></td><td>4,109</td><td></td></tr><tr><td>Other</td><td></td><td>73 </td><td></td><td></td><td>76</td><td></td><td></td><td>76</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>19,482 </td><td></td><td></td><td>17,744</td><td></td><td></td><td>16,072</td><td></td></tr><tr><td>International</td><td></td><td>1,863 </td><td></td><td></td><td>1,400</td><td></td><td></td><td>1,023</td><td></td></tr><tr><td>Total Business Insurance</td><td></td><td>21,345 </td><td></td><td></td><td>19,144</td><td></td><td></td><td>17,095</td><td></td></tr><tr><td>Bond & Specialty Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fidelity and surety</td><td></td><td>1,416 </td><td></td><td></td><td>1,290</td><td></td><td></td><td>1,173</td><td></td></tr><tr><td>General liability</td><td></td><td>1,778 </td><td></td><td></td><td>1,639</td><td></td><td></td><td>1,556</td><td></td></tr><tr><td>Other</td><td></td><td>231 </td><td></td><td></td><td>225</td><td></td><td></td><td>222</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>3,425 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,951</td><td></td></tr><tr><td>International</td><td></td><td>533 </td><td></td><td></td><td>501</td><td></td><td></td><td>467</td><td></td></tr><tr><td>Total Bond & Specialty Insurance</td><td></td><td>3,958 </td><td></td><td></td><td>3,655</td><td></td><td></td><td>3,418</td><td></td></tr><tr><td>Personal Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Automobile</td><td></td><td>7,767 </td><td></td><td></td><td>6,923</td><td></td><td></td><td>6,170</td><td></td></tr><tr><td>Homeowners and Other</td><td></td><td>8,208 </td><td></td><td></td><td>7,404</td><td></td><td></td><td>6,426</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>15,975 </td><td></td><td></td><td>14,327</td><td></td><td></td><td>12,596</td><td></td></tr><tr><td>International</td><td></td><td>663 </td><td></td><td></td><td>635</td><td></td><td></td><td>654</td><td></td></tr><tr><td>Total Personal Insurance</td><td></td><td>16,638 </td><td></td><td></td><td>14,962</td><td></td><td></td><td>13,250</td><td></td></tr><tr><td>Total earned premiums</td><td></td><td>41,941 </td><td></td><td></td><td>37,761</td><td></td><td></td><td>33,763</td><td></td></tr><tr><td>Net investment income</td><td></td><td>3,590 </td><td></td><td></td><td>2,922</td><td></td><td></td><td>2,562</td><td></td></tr><tr><td>Fee income</td><td></td><td>473 </td><td></td><td></td><td>433</td><td></td><td></td><td>412</td><td></td></tr><tr><td>Other revenues</td><td></td><td>449 </td><td></td><td></td><td>353</td><td></td><td></td><td>351</td><td></td></tr><tr><td>Total segment revenues</td><td></td><td>46,453 </td><td></td><td></td><td>41,469</td><td></td><td></td><td>37,088</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 30 )</td><td></td><td></td><td>( 105 )</td><td></td><td></td><td>( 204 )</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr><tr><td>Income reconciliation, net of tax</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total segment income</td><td></td><td>$</td><td>5,370 </td><td></td><td></td><td>$</td><td>3,397</td><td></td><td></td><td>$</td><td>3,299</td><td></td></tr><tr><td>Interest Expense and Other (1) Interest Expense and Other (1)</td><td></td><td>( 345 )</td><td></td><td></td><td>( 325 )</td><td></td><td></td><td>( 301 )</td><td></td></tr><tr><td>Core income</td><td></td><td>5,025 </td><td></td><td></td><td>3,072</td><td></td><td></td><td>2,998</td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 26 )</td><td></td><td></td><td>( 81 )</td><td></td><td></td><td>( 156 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td>$</td><td>4,999 </td><td></td><td></td><td>$</td><td>2,991</td><td></td><td></td><td>$</td><td>2,842</td><td></td></tr></table>
table
41941
monetaryItemType
table: <entity> 41941 </entity> <entity type> monetaryItemType </entity type> <context> Total earned premiums | 41,941 | 37,761 | 33,763 </context>
us-gaap:PremiumsEarnedNet
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Revenue reconciliation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earned premiums</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Workers’ compensation</td><td></td><td>$</td><td>3,470 </td><td></td><td></td><td>$</td><td>3,467</td><td></td><td></td><td>$</td><td>3,425</td><td></td></tr><tr><td>Commercial automobile</td><td></td><td>3,590 </td><td></td><td></td><td>3,215</td><td></td><td></td><td>2,976</td><td></td></tr><tr><td>Commercial property</td><td></td><td>3,616 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,611</td><td></td></tr><tr><td>General liability</td><td></td><td>3,464 </td><td></td><td></td><td>3,146</td><td></td><td></td><td>2,875</td><td></td></tr><tr><td>Commercial multi-peril</td><td></td><td>5,269 </td><td></td><td></td><td>4,686</td><td></td><td></td><td>4,109</td><td></td></tr><tr><td>Other</td><td></td><td>73 </td><td></td><td></td><td>76</td><td></td><td></td><td>76</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>19,482 </td><td></td><td></td><td>17,744</td><td></td><td></td><td>16,072</td><td></td></tr><tr><td>International</td><td></td><td>1,863 </td><td></td><td></td><td>1,400</td><td></td><td></td><td>1,023</td><td></td></tr><tr><td>Total Business Insurance</td><td></td><td>21,345 </td><td></td><td></td><td>19,144</td><td></td><td></td><td>17,095</td><td></td></tr><tr><td>Bond & Specialty Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fidelity and surety</td><td></td><td>1,416 </td><td></td><td></td><td>1,290</td><td></td><td></td><td>1,173</td><td></td></tr><tr><td>General liability</td><td></td><td>1,778 </td><td></td><td></td><td>1,639</td><td></td><td></td><td>1,556</td><td></td></tr><tr><td>Other</td><td></td><td>231 </td><td></td><td></td><td>225</td><td></td><td></td><td>222</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>3,425 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,951</td><td></td></tr><tr><td>International</td><td></td><td>533 </td><td></td><td></td><td>501</td><td></td><td></td><td>467</td><td></td></tr><tr><td>Total Bond & Specialty Insurance</td><td></td><td>3,958 </td><td></td><td></td><td>3,655</td><td></td><td></td><td>3,418</td><td></td></tr><tr><td>Personal Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Automobile</td><td></td><td>7,767 </td><td></td><td></td><td>6,923</td><td></td><td></td><td>6,170</td><td></td></tr><tr><td>Homeowners and Other</td><td></td><td>8,208 </td><td></td><td></td><td>7,404</td><td></td><td></td><td>6,426</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>15,975 </td><td></td><td></td><td>14,327</td><td></td><td></td><td>12,596</td><td></td></tr><tr><td>International</td><td></td><td>663 </td><td></td><td></td><td>635</td><td></td><td></td><td>654</td><td></td></tr><tr><td>Total Personal Insurance</td><td></td><td>16,638 </td><td></td><td></td><td>14,962</td><td></td><td></td><td>13,250</td><td></td></tr><tr><td>Total earned premiums</td><td></td><td>41,941 </td><td></td><td></td><td>37,761</td><td></td><td></td><td>33,763</td><td></td></tr><tr><td>Net investment income</td><td></td><td>3,590 </td><td></td><td></td><td>2,922</td><td></td><td></td><td>2,562</td><td></td></tr><tr><td>Fee income</td><td></td><td>473 </td><td></td><td></td><td>433</td><td></td><td></td><td>412</td><td></td></tr><tr><td>Other revenues</td><td></td><td>449 </td><td></td><td></td><td>353</td><td></td><td></td><td>351</td><td></td></tr><tr><td>Total segment revenues</td><td></td><td>46,453 </td><td></td><td></td><td>41,469</td><td></td><td></td><td>37,088</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 30 )</td><td></td><td></td><td>( 105 )</td><td></td><td></td><td>( 204 )</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr><tr><td>Income reconciliation, net of tax</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total segment income</td><td></td><td>$</td><td>5,370 </td><td></td><td></td><td>$</td><td>3,397</td><td></td><td></td><td>$</td><td>3,299</td><td></td></tr><tr><td>Interest Expense and Other (1) Interest Expense and Other (1)</td><td></td><td>( 345 )</td><td></td><td></td><td>( 325 )</td><td></td><td></td><td>( 301 )</td><td></td></tr><tr><td>Core income</td><td></td><td>5,025 </td><td></td><td></td><td>3,072</td><td></td><td></td><td>2,998</td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 26 )</td><td></td><td></td><td>( 81 )</td><td></td><td></td><td>( 156 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td>$</td><td>4,999 </td><td></td><td></td><td>$</td><td>2,991</td><td></td><td></td><td>$</td><td>2,842</td><td></td></tr></table>
table
37761
monetaryItemType
table: <entity> 37761 </entity> <entity type> monetaryItemType </entity type> <context> Total earned premiums | 41,941 | 37,761 | 33,763 </context>
us-gaap:PremiumsEarnedNet
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Revenue reconciliation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earned premiums</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Workers’ compensation</td><td></td><td>$</td><td>3,470 </td><td></td><td></td><td>$</td><td>3,467</td><td></td><td></td><td>$</td><td>3,425</td><td></td></tr><tr><td>Commercial automobile</td><td></td><td>3,590 </td><td></td><td></td><td>3,215</td><td></td><td></td><td>2,976</td><td></td></tr><tr><td>Commercial property</td><td></td><td>3,616 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,611</td><td></td></tr><tr><td>General liability</td><td></td><td>3,464 </td><td></td><td></td><td>3,146</td><td></td><td></td><td>2,875</td><td></td></tr><tr><td>Commercial multi-peril</td><td></td><td>5,269 </td><td></td><td></td><td>4,686</td><td></td><td></td><td>4,109</td><td></td></tr><tr><td>Other</td><td></td><td>73 </td><td></td><td></td><td>76</td><td></td><td></td><td>76</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>19,482 </td><td></td><td></td><td>17,744</td><td></td><td></td><td>16,072</td><td></td></tr><tr><td>International</td><td></td><td>1,863 </td><td></td><td></td><td>1,400</td><td></td><td></td><td>1,023</td><td></td></tr><tr><td>Total Business Insurance</td><td></td><td>21,345 </td><td></td><td></td><td>19,144</td><td></td><td></td><td>17,095</td><td></td></tr><tr><td>Bond & Specialty Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fidelity and surety</td><td></td><td>1,416 </td><td></td><td></td><td>1,290</td><td></td><td></td><td>1,173</td><td></td></tr><tr><td>General liability</td><td></td><td>1,778 </td><td></td><td></td><td>1,639</td><td></td><td></td><td>1,556</td><td></td></tr><tr><td>Other</td><td></td><td>231 </td><td></td><td></td><td>225</td><td></td><td></td><td>222</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>3,425 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,951</td><td></td></tr><tr><td>International</td><td></td><td>533 </td><td></td><td></td><td>501</td><td></td><td></td><td>467</td><td></td></tr><tr><td>Total Bond & Specialty Insurance</td><td></td><td>3,958 </td><td></td><td></td><td>3,655</td><td></td><td></td><td>3,418</td><td></td></tr><tr><td>Personal Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Automobile</td><td></td><td>7,767 </td><td></td><td></td><td>6,923</td><td></td><td></td><td>6,170</td><td></td></tr><tr><td>Homeowners and Other</td><td></td><td>8,208 </td><td></td><td></td><td>7,404</td><td></td><td></td><td>6,426</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>15,975 </td><td></td><td></td><td>14,327</td><td></td><td></td><td>12,596</td><td></td></tr><tr><td>International</td><td></td><td>663 </td><td></td><td></td><td>635</td><td></td><td></td><td>654</td><td></td></tr><tr><td>Total Personal Insurance</td><td></td><td>16,638 </td><td></td><td></td><td>14,962</td><td></td><td></td><td>13,250</td><td></td></tr><tr><td>Total earned premiums</td><td></td><td>41,941 </td><td></td><td></td><td>37,761</td><td></td><td></td><td>33,763</td><td></td></tr><tr><td>Net investment income</td><td></td><td>3,590 </td><td></td><td></td><td>2,922</td><td></td><td></td><td>2,562</td><td></td></tr><tr><td>Fee income</td><td></td><td>473 </td><td></td><td></td><td>433</td><td></td><td></td><td>412</td><td></td></tr><tr><td>Other revenues</td><td></td><td>449 </td><td></td><td></td><td>353</td><td></td><td></td><td>351</td><td></td></tr><tr><td>Total segment revenues</td><td></td><td>46,453 </td><td></td><td></td><td>41,469</td><td></td><td></td><td>37,088</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 30 )</td><td></td><td></td><td>( 105 )</td><td></td><td></td><td>( 204 )</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr><tr><td>Income reconciliation, net of tax</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total segment income</td><td></td><td>$</td><td>5,370 </td><td></td><td></td><td>$</td><td>3,397</td><td></td><td></td><td>$</td><td>3,299</td><td></td></tr><tr><td>Interest Expense and Other (1) Interest Expense and Other (1)</td><td></td><td>( 345 )</td><td></td><td></td><td>( 325 )</td><td></td><td></td><td>( 301 )</td><td></td></tr><tr><td>Core income</td><td></td><td>5,025 </td><td></td><td></td><td>3,072</td><td></td><td></td><td>2,998</td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 26 )</td><td></td><td></td><td>( 81 )</td><td></td><td></td><td>( 156 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td>$</td><td>4,999 </td><td></td><td></td><td>$</td><td>2,991</td><td></td><td></td><td>$</td><td>2,842</td><td></td></tr></table>
table
33763
monetaryItemType
table: <entity> 33763 </entity> <entity type> monetaryItemType </entity type> <context> Total earned premiums | 41,941 | 37,761 | 33,763 </context>
us-gaap:PremiumsEarnedNet
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Revenue reconciliation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earned premiums</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Workers’ compensation</td><td></td><td>$</td><td>3,470 </td><td></td><td></td><td>$</td><td>3,467</td><td></td><td></td><td>$</td><td>3,425</td><td></td></tr><tr><td>Commercial automobile</td><td></td><td>3,590 </td><td></td><td></td><td>3,215</td><td></td><td></td><td>2,976</td><td></td></tr><tr><td>Commercial property</td><td></td><td>3,616 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,611</td><td></td></tr><tr><td>General liability</td><td></td><td>3,464 </td><td></td><td></td><td>3,146</td><td></td><td></td><td>2,875</td><td></td></tr><tr><td>Commercial multi-peril</td><td></td><td>5,269 </td><td></td><td></td><td>4,686</td><td></td><td></td><td>4,109</td><td></td></tr><tr><td>Other</td><td></td><td>73 </td><td></td><td></td><td>76</td><td></td><td></td><td>76</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>19,482 </td><td></td><td></td><td>17,744</td><td></td><td></td><td>16,072</td><td></td></tr><tr><td>International</td><td></td><td>1,863 </td><td></td><td></td><td>1,400</td><td></td><td></td><td>1,023</td><td></td></tr><tr><td>Total Business Insurance</td><td></td><td>21,345 </td><td></td><td></td><td>19,144</td><td></td><td></td><td>17,095</td><td></td></tr><tr><td>Bond & Specialty Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fidelity and surety</td><td></td><td>1,416 </td><td></td><td></td><td>1,290</td><td></td><td></td><td>1,173</td><td></td></tr><tr><td>General liability</td><td></td><td>1,778 </td><td></td><td></td><td>1,639</td><td></td><td></td><td>1,556</td><td></td></tr><tr><td>Other</td><td></td><td>231 </td><td></td><td></td><td>225</td><td></td><td></td><td>222</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>3,425 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,951</td><td></td></tr><tr><td>International</td><td></td><td>533 </td><td></td><td></td><td>501</td><td></td><td></td><td>467</td><td></td></tr><tr><td>Total Bond & Specialty Insurance</td><td></td><td>3,958 </td><td></td><td></td><td>3,655</td><td></td><td></td><td>3,418</td><td></td></tr><tr><td>Personal Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Automobile</td><td></td><td>7,767 </td><td></td><td></td><td>6,923</td><td></td><td></td><td>6,170</td><td></td></tr><tr><td>Homeowners and Other</td><td></td><td>8,208 </td><td></td><td></td><td>7,404</td><td></td><td></td><td>6,426</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>15,975 </td><td></td><td></td><td>14,327</td><td></td><td></td><td>12,596</td><td></td></tr><tr><td>International</td><td></td><td>663 </td><td></td><td></td><td>635</td><td></td><td></td><td>654</td><td></td></tr><tr><td>Total Personal Insurance</td><td></td><td>16,638 </td><td></td><td></td><td>14,962</td><td></td><td></td><td>13,250</td><td></td></tr><tr><td>Total earned premiums</td><td></td><td>41,941 </td><td></td><td></td><td>37,761</td><td></td><td></td><td>33,763</td><td></td></tr><tr><td>Net investment income</td><td></td><td>3,590 </td><td></td><td></td><td>2,922</td><td></td><td></td><td>2,562</td><td></td></tr><tr><td>Fee income</td><td></td><td>473 </td><td></td><td></td><td>433</td><td></td><td></td><td>412</td><td></td></tr><tr><td>Other revenues</td><td></td><td>449 </td><td></td><td></td><td>353</td><td></td><td></td><td>351</td><td></td></tr><tr><td>Total segment revenues</td><td></td><td>46,453 </td><td></td><td></td><td>41,469</td><td></td><td></td><td>37,088</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 30 )</td><td></td><td></td><td>( 105 )</td><td></td><td></td><td>( 204 )</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr><tr><td>Income reconciliation, net of tax</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total segment income</td><td></td><td>$</td><td>5,370 </td><td></td><td></td><td>$</td><td>3,397</td><td></td><td></td><td>$</td><td>3,299</td><td></td></tr><tr><td>Interest Expense and Other (1) Interest Expense and Other (1)</td><td></td><td>( 345 )</td><td></td><td></td><td>( 325 )</td><td></td><td></td><td>( 301 )</td><td></td></tr><tr><td>Core income</td><td></td><td>5,025 </td><td></td><td></td><td>3,072</td><td></td><td></td><td>2,998</td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 26 )</td><td></td><td></td><td>( 81 )</td><td></td><td></td><td>( 156 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td>$</td><td>4,999 </td><td></td><td></td><td>$</td><td>2,991</td><td></td><td></td><td>$</td><td>2,842</td><td></td></tr></table>
table
3590
monetaryItemType
table: <entity> 3590 </entity> <entity type> monetaryItemType </entity type> <context> Commercial automobile | 3,590 | 3,215 | 2,976 </context>
us-gaap:NetInvestmentIncome
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Revenue reconciliation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earned premiums</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Workers’ compensation</td><td></td><td>$</td><td>3,470 </td><td></td><td></td><td>$</td><td>3,467</td><td></td><td></td><td>$</td><td>3,425</td><td></td></tr><tr><td>Commercial automobile</td><td></td><td>3,590 </td><td></td><td></td><td>3,215</td><td></td><td></td><td>2,976</td><td></td></tr><tr><td>Commercial property</td><td></td><td>3,616 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,611</td><td></td></tr><tr><td>General liability</td><td></td><td>3,464 </td><td></td><td></td><td>3,146</td><td></td><td></td><td>2,875</td><td></td></tr><tr><td>Commercial multi-peril</td><td></td><td>5,269 </td><td></td><td></td><td>4,686</td><td></td><td></td><td>4,109</td><td></td></tr><tr><td>Other</td><td></td><td>73 </td><td></td><td></td><td>76</td><td></td><td></td><td>76</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>19,482 </td><td></td><td></td><td>17,744</td><td></td><td></td><td>16,072</td><td></td></tr><tr><td>International</td><td></td><td>1,863 </td><td></td><td></td><td>1,400</td><td></td><td></td><td>1,023</td><td></td></tr><tr><td>Total Business Insurance</td><td></td><td>21,345 </td><td></td><td></td><td>19,144</td><td></td><td></td><td>17,095</td><td></td></tr><tr><td>Bond & Specialty Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fidelity and surety</td><td></td><td>1,416 </td><td></td><td></td><td>1,290</td><td></td><td></td><td>1,173</td><td></td></tr><tr><td>General liability</td><td></td><td>1,778 </td><td></td><td></td><td>1,639</td><td></td><td></td><td>1,556</td><td></td></tr><tr><td>Other</td><td></td><td>231 </td><td></td><td></td><td>225</td><td></td><td></td><td>222</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>3,425 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,951</td><td></td></tr><tr><td>International</td><td></td><td>533 </td><td></td><td></td><td>501</td><td></td><td></td><td>467</td><td></td></tr><tr><td>Total Bond & Specialty Insurance</td><td></td><td>3,958 </td><td></td><td></td><td>3,655</td><td></td><td></td><td>3,418</td><td></td></tr><tr><td>Personal Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Automobile</td><td></td><td>7,767 </td><td></td><td></td><td>6,923</td><td></td><td></td><td>6,170</td><td></td></tr><tr><td>Homeowners and Other</td><td></td><td>8,208 </td><td></td><td></td><td>7,404</td><td></td><td></td><td>6,426</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>15,975 </td><td></td><td></td><td>14,327</td><td></td><td></td><td>12,596</td><td></td></tr><tr><td>International</td><td></td><td>663 </td><td></td><td></td><td>635</td><td></td><td></td><td>654</td><td></td></tr><tr><td>Total Personal Insurance</td><td></td><td>16,638 </td><td></td><td></td><td>14,962</td><td></td><td></td><td>13,250</td><td></td></tr><tr><td>Total earned premiums</td><td></td><td>41,941 </td><td></td><td></td><td>37,761</td><td></td><td></td><td>33,763</td><td></td></tr><tr><td>Net investment income</td><td></td><td>3,590 </td><td></td><td></td><td>2,922</td><td></td><td></td><td>2,562</td><td></td></tr><tr><td>Fee income</td><td></td><td>473 </td><td></td><td></td><td>433</td><td></td><td></td><td>412</td><td></td></tr><tr><td>Other revenues</td><td></td><td>449 </td><td></td><td></td><td>353</td><td></td><td></td><td>351</td><td></td></tr><tr><td>Total segment revenues</td><td></td><td>46,453 </td><td></td><td></td><td>41,469</td><td></td><td></td><td>37,088</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 30 )</td><td></td><td></td><td>( 105 )</td><td></td><td></td><td>( 204 )</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr><tr><td>Income reconciliation, net of tax</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total segment income</td><td></td><td>$</td><td>5,370 </td><td></td><td></td><td>$</td><td>3,397</td><td></td><td></td><td>$</td><td>3,299</td><td></td></tr><tr><td>Interest Expense and Other (1) Interest Expense and Other (1)</td><td></td><td>( 345 )</td><td></td><td></td><td>( 325 )</td><td></td><td></td><td>( 301 )</td><td></td></tr><tr><td>Core income</td><td></td><td>5,025 </td><td></td><td></td><td>3,072</td><td></td><td></td><td>2,998</td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 26 )</td><td></td><td></td><td>( 81 )</td><td></td><td></td><td>( 156 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td>$</td><td>4,999 </td><td></td><td></td><td>$</td><td>2,991</td><td></td><td></td><td>$</td><td>2,842</td><td></td></tr></table>
table
2922
monetaryItemType
table: <entity> 2922 </entity> <entity type> monetaryItemType </entity type> <context> Net investment income | 3,590 | 2,922 | 2,562 </context>
us-gaap:NetInvestmentIncome
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Revenue reconciliation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earned premiums</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Workers’ compensation</td><td></td><td>$</td><td>3,470 </td><td></td><td></td><td>$</td><td>3,467</td><td></td><td></td><td>$</td><td>3,425</td><td></td></tr><tr><td>Commercial automobile</td><td></td><td>3,590 </td><td></td><td></td><td>3,215</td><td></td><td></td><td>2,976</td><td></td></tr><tr><td>Commercial property</td><td></td><td>3,616 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,611</td><td></td></tr><tr><td>General liability</td><td></td><td>3,464 </td><td></td><td></td><td>3,146</td><td></td><td></td><td>2,875</td><td></td></tr><tr><td>Commercial multi-peril</td><td></td><td>5,269 </td><td></td><td></td><td>4,686</td><td></td><td></td><td>4,109</td><td></td></tr><tr><td>Other</td><td></td><td>73 </td><td></td><td></td><td>76</td><td></td><td></td><td>76</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>19,482 </td><td></td><td></td><td>17,744</td><td></td><td></td><td>16,072</td><td></td></tr><tr><td>International</td><td></td><td>1,863 </td><td></td><td></td><td>1,400</td><td></td><td></td><td>1,023</td><td></td></tr><tr><td>Total Business Insurance</td><td></td><td>21,345 </td><td></td><td></td><td>19,144</td><td></td><td></td><td>17,095</td><td></td></tr><tr><td>Bond & Specialty Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fidelity and surety</td><td></td><td>1,416 </td><td></td><td></td><td>1,290</td><td></td><td></td><td>1,173</td><td></td></tr><tr><td>General liability</td><td></td><td>1,778 </td><td></td><td></td><td>1,639</td><td></td><td></td><td>1,556</td><td></td></tr><tr><td>Other</td><td></td><td>231 </td><td></td><td></td><td>225</td><td></td><td></td><td>222</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>3,425 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,951</td><td></td></tr><tr><td>International</td><td></td><td>533 </td><td></td><td></td><td>501</td><td></td><td></td><td>467</td><td></td></tr><tr><td>Total Bond & Specialty Insurance</td><td></td><td>3,958 </td><td></td><td></td><td>3,655</td><td></td><td></td><td>3,418</td><td></td></tr><tr><td>Personal Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Automobile</td><td></td><td>7,767 </td><td></td><td></td><td>6,923</td><td></td><td></td><td>6,170</td><td></td></tr><tr><td>Homeowners and Other</td><td></td><td>8,208 </td><td></td><td></td><td>7,404</td><td></td><td></td><td>6,426</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>15,975 </td><td></td><td></td><td>14,327</td><td></td><td></td><td>12,596</td><td></td></tr><tr><td>International</td><td></td><td>663 </td><td></td><td></td><td>635</td><td></td><td></td><td>654</td><td></td></tr><tr><td>Total Personal Insurance</td><td></td><td>16,638 </td><td></td><td></td><td>14,962</td><td></td><td></td><td>13,250</td><td></td></tr><tr><td>Total earned premiums</td><td></td><td>41,941 </td><td></td><td></td><td>37,761</td><td></td><td></td><td>33,763</td><td></td></tr><tr><td>Net investment income</td><td></td><td>3,590 </td><td></td><td></td><td>2,922</td><td></td><td></td><td>2,562</td><td></td></tr><tr><td>Fee income</td><td></td><td>473 </td><td></td><td></td><td>433</td><td></td><td></td><td>412</td><td></td></tr><tr><td>Other revenues</td><td></td><td>449 </td><td></td><td></td><td>353</td><td></td><td></td><td>351</td><td></td></tr><tr><td>Total segment revenues</td><td></td><td>46,453 </td><td></td><td></td><td>41,469</td><td></td><td></td><td>37,088</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 30 )</td><td></td><td></td><td>( 105 )</td><td></td><td></td><td>( 204 )</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr><tr><td>Income reconciliation, net of tax</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total segment income</td><td></td><td>$</td><td>5,370 </td><td></td><td></td><td>$</td><td>3,397</td><td></td><td></td><td>$</td><td>3,299</td><td></td></tr><tr><td>Interest Expense and Other (1) Interest Expense and Other (1)</td><td></td><td>( 345 )</td><td></td><td></td><td>( 325 )</td><td></td><td></td><td>( 301 )</td><td></td></tr><tr><td>Core income</td><td></td><td>5,025 </td><td></td><td></td><td>3,072</td><td></td><td></td><td>2,998</td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 26 )</td><td></td><td></td><td>( 81 )</td><td></td><td></td><td>( 156 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td>$</td><td>4,999 </td><td></td><td></td><td>$</td><td>2,991</td><td></td><td></td><td>$</td><td>2,842</td><td></td></tr></table>
table
2562
monetaryItemType
table: <entity> 2562 </entity> <entity type> monetaryItemType </entity type> <context> Net investment income | 3,590 | 2,922 | 2,562 </context>
us-gaap:NetInvestmentIncome
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Revenue reconciliation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earned premiums</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Workers’ compensation</td><td></td><td>$</td><td>3,470 </td><td></td><td></td><td>$</td><td>3,467</td><td></td><td></td><td>$</td><td>3,425</td><td></td></tr><tr><td>Commercial automobile</td><td></td><td>3,590 </td><td></td><td></td><td>3,215</td><td></td><td></td><td>2,976</td><td></td></tr><tr><td>Commercial property</td><td></td><td>3,616 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,611</td><td></td></tr><tr><td>General liability</td><td></td><td>3,464 </td><td></td><td></td><td>3,146</td><td></td><td></td><td>2,875</td><td></td></tr><tr><td>Commercial multi-peril</td><td></td><td>5,269 </td><td></td><td></td><td>4,686</td><td></td><td></td><td>4,109</td><td></td></tr><tr><td>Other</td><td></td><td>73 </td><td></td><td></td><td>76</td><td></td><td></td><td>76</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>19,482 </td><td></td><td></td><td>17,744</td><td></td><td></td><td>16,072</td><td></td></tr><tr><td>International</td><td></td><td>1,863 </td><td></td><td></td><td>1,400</td><td></td><td></td><td>1,023</td><td></td></tr><tr><td>Total Business Insurance</td><td></td><td>21,345 </td><td></td><td></td><td>19,144</td><td></td><td></td><td>17,095</td><td></td></tr><tr><td>Bond & Specialty Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fidelity and surety</td><td></td><td>1,416 </td><td></td><td></td><td>1,290</td><td></td><td></td><td>1,173</td><td></td></tr><tr><td>General liability</td><td></td><td>1,778 </td><td></td><td></td><td>1,639</td><td></td><td></td><td>1,556</td><td></td></tr><tr><td>Other</td><td></td><td>231 </td><td></td><td></td><td>225</td><td></td><td></td><td>222</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>3,425 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,951</td><td></td></tr><tr><td>International</td><td></td><td>533 </td><td></td><td></td><td>501</td><td></td><td></td><td>467</td><td></td></tr><tr><td>Total Bond & Specialty Insurance</td><td></td><td>3,958 </td><td></td><td></td><td>3,655</td><td></td><td></td><td>3,418</td><td></td></tr><tr><td>Personal Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Automobile</td><td></td><td>7,767 </td><td></td><td></td><td>6,923</td><td></td><td></td><td>6,170</td><td></td></tr><tr><td>Homeowners and Other</td><td></td><td>8,208 </td><td></td><td></td><td>7,404</td><td></td><td></td><td>6,426</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>15,975 </td><td></td><td></td><td>14,327</td><td></td><td></td><td>12,596</td><td></td></tr><tr><td>International</td><td></td><td>663 </td><td></td><td></td><td>635</td><td></td><td></td><td>654</td><td></td></tr><tr><td>Total Personal Insurance</td><td></td><td>16,638 </td><td></td><td></td><td>14,962</td><td></td><td></td><td>13,250</td><td></td></tr><tr><td>Total earned premiums</td><td></td><td>41,941 </td><td></td><td></td><td>37,761</td><td></td><td></td><td>33,763</td><td></td></tr><tr><td>Net investment income</td><td></td><td>3,590 </td><td></td><td></td><td>2,922</td><td></td><td></td><td>2,562</td><td></td></tr><tr><td>Fee income</td><td></td><td>473 </td><td></td><td></td><td>433</td><td></td><td></td><td>412</td><td></td></tr><tr><td>Other revenues</td><td></td><td>449 </td><td></td><td></td><td>353</td><td></td><td></td><td>351</td><td></td></tr><tr><td>Total segment revenues</td><td></td><td>46,453 </td><td></td><td></td><td>41,469</td><td></td><td></td><td>37,088</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 30 )</td><td></td><td></td><td>( 105 )</td><td></td><td></td><td>( 204 )</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr><tr><td>Income reconciliation, net of tax</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total segment income</td><td></td><td>$</td><td>5,370 </td><td></td><td></td><td>$</td><td>3,397</td><td></td><td></td><td>$</td><td>3,299</td><td></td></tr><tr><td>Interest Expense and Other (1) Interest Expense and Other (1)</td><td></td><td>( 345 )</td><td></td><td></td><td>( 325 )</td><td></td><td></td><td>( 301 )</td><td></td></tr><tr><td>Core income</td><td></td><td>5,025 </td><td></td><td></td><td>3,072</td><td></td><td></td><td>2,998</td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 26 )</td><td></td><td></td><td>( 81 )</td><td></td><td></td><td>( 156 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td>$</td><td>4,999 </td><td></td><td></td><td>$</td><td>2,991</td><td></td><td></td><td>$</td><td>2,842</td><td></td></tr></table>
table
449
monetaryItemType
table: <entity> 449 </entity> <entity type> monetaryItemType </entity type> <context> Other revenues | 449 | 353 | 351 </context>
us-gaap:OtherIncome
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Revenue reconciliation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earned premiums</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Workers’ compensation</td><td></td><td>$</td><td>3,470 </td><td></td><td></td><td>$</td><td>3,467</td><td></td><td></td><td>$</td><td>3,425</td><td></td></tr><tr><td>Commercial automobile</td><td></td><td>3,590 </td><td></td><td></td><td>3,215</td><td></td><td></td><td>2,976</td><td></td></tr><tr><td>Commercial property</td><td></td><td>3,616 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,611</td><td></td></tr><tr><td>General liability</td><td></td><td>3,464 </td><td></td><td></td><td>3,146</td><td></td><td></td><td>2,875</td><td></td></tr><tr><td>Commercial multi-peril</td><td></td><td>5,269 </td><td></td><td></td><td>4,686</td><td></td><td></td><td>4,109</td><td></td></tr><tr><td>Other</td><td></td><td>73 </td><td></td><td></td><td>76</td><td></td><td></td><td>76</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>19,482 </td><td></td><td></td><td>17,744</td><td></td><td></td><td>16,072</td><td></td></tr><tr><td>International</td><td></td><td>1,863 </td><td></td><td></td><td>1,400</td><td></td><td></td><td>1,023</td><td></td></tr><tr><td>Total Business Insurance</td><td></td><td>21,345 </td><td></td><td></td><td>19,144</td><td></td><td></td><td>17,095</td><td></td></tr><tr><td>Bond & Specialty Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fidelity and surety</td><td></td><td>1,416 </td><td></td><td></td><td>1,290</td><td></td><td></td><td>1,173</td><td></td></tr><tr><td>General liability</td><td></td><td>1,778 </td><td></td><td></td><td>1,639</td><td></td><td></td><td>1,556</td><td></td></tr><tr><td>Other</td><td></td><td>231 </td><td></td><td></td><td>225</td><td></td><td></td><td>222</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>3,425 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,951</td><td></td></tr><tr><td>International</td><td></td><td>533 </td><td></td><td></td><td>501</td><td></td><td></td><td>467</td><td></td></tr><tr><td>Total Bond & Specialty Insurance</td><td></td><td>3,958 </td><td></td><td></td><td>3,655</td><td></td><td></td><td>3,418</td><td></td></tr><tr><td>Personal Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Automobile</td><td></td><td>7,767 </td><td></td><td></td><td>6,923</td><td></td><td></td><td>6,170</td><td></td></tr><tr><td>Homeowners and Other</td><td></td><td>8,208 </td><td></td><td></td><td>7,404</td><td></td><td></td><td>6,426</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>15,975 </td><td></td><td></td><td>14,327</td><td></td><td></td><td>12,596</td><td></td></tr><tr><td>International</td><td></td><td>663 </td><td></td><td></td><td>635</td><td></td><td></td><td>654</td><td></td></tr><tr><td>Total Personal Insurance</td><td></td><td>16,638 </td><td></td><td></td><td>14,962</td><td></td><td></td><td>13,250</td><td></td></tr><tr><td>Total earned premiums</td><td></td><td>41,941 </td><td></td><td></td><td>37,761</td><td></td><td></td><td>33,763</td><td></td></tr><tr><td>Net investment income</td><td></td><td>3,590 </td><td></td><td></td><td>2,922</td><td></td><td></td><td>2,562</td><td></td></tr><tr><td>Fee income</td><td></td><td>473 </td><td></td><td></td><td>433</td><td></td><td></td><td>412</td><td></td></tr><tr><td>Other revenues</td><td></td><td>449 </td><td></td><td></td><td>353</td><td></td><td></td><td>351</td><td></td></tr><tr><td>Total segment revenues</td><td></td><td>46,453 </td><td></td><td></td><td>41,469</td><td></td><td></td><td>37,088</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 30 )</td><td></td><td></td><td>( 105 )</td><td></td><td></td><td>( 204 )</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr><tr><td>Income reconciliation, net of tax</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total segment income</td><td></td><td>$</td><td>5,370 </td><td></td><td></td><td>$</td><td>3,397</td><td></td><td></td><td>$</td><td>3,299</td><td></td></tr><tr><td>Interest Expense and Other (1) Interest Expense and Other (1)</td><td></td><td>( 345 )</td><td></td><td></td><td>( 325 )</td><td></td><td></td><td>( 301 )</td><td></td></tr><tr><td>Core income</td><td></td><td>5,025 </td><td></td><td></td><td>3,072</td><td></td><td></td><td>2,998</td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 26 )</td><td></td><td></td><td>( 81 )</td><td></td><td></td><td>( 156 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td>$</td><td>4,999 </td><td></td><td></td><td>$</td><td>2,991</td><td></td><td></td><td>$</td><td>2,842</td><td></td></tr></table>
table
353
monetaryItemType
table: <entity> 353 </entity> <entity type> monetaryItemType </entity type> <context> Other revenues | 449 | 353 | 351 </context>
us-gaap:OtherIncome
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Revenue reconciliation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earned premiums</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Workers’ compensation</td><td></td><td>$</td><td>3,470 </td><td></td><td></td><td>$</td><td>3,467</td><td></td><td></td><td>$</td><td>3,425</td><td></td></tr><tr><td>Commercial automobile</td><td></td><td>3,590 </td><td></td><td></td><td>3,215</td><td></td><td></td><td>2,976</td><td></td></tr><tr><td>Commercial property</td><td></td><td>3,616 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,611</td><td></td></tr><tr><td>General liability</td><td></td><td>3,464 </td><td></td><td></td><td>3,146</td><td></td><td></td><td>2,875</td><td></td></tr><tr><td>Commercial multi-peril</td><td></td><td>5,269 </td><td></td><td></td><td>4,686</td><td></td><td></td><td>4,109</td><td></td></tr><tr><td>Other</td><td></td><td>73 </td><td></td><td></td><td>76</td><td></td><td></td><td>76</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>19,482 </td><td></td><td></td><td>17,744</td><td></td><td></td><td>16,072</td><td></td></tr><tr><td>International</td><td></td><td>1,863 </td><td></td><td></td><td>1,400</td><td></td><td></td><td>1,023</td><td></td></tr><tr><td>Total Business Insurance</td><td></td><td>21,345 </td><td></td><td></td><td>19,144</td><td></td><td></td><td>17,095</td><td></td></tr><tr><td>Bond & Specialty Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fidelity and surety</td><td></td><td>1,416 </td><td></td><td></td><td>1,290</td><td></td><td></td><td>1,173</td><td></td></tr><tr><td>General liability</td><td></td><td>1,778 </td><td></td><td></td><td>1,639</td><td></td><td></td><td>1,556</td><td></td></tr><tr><td>Other</td><td></td><td>231 </td><td></td><td></td><td>225</td><td></td><td></td><td>222</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>3,425 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,951</td><td></td></tr><tr><td>International</td><td></td><td>533 </td><td></td><td></td><td>501</td><td></td><td></td><td>467</td><td></td></tr><tr><td>Total Bond & Specialty Insurance</td><td></td><td>3,958 </td><td></td><td></td><td>3,655</td><td></td><td></td><td>3,418</td><td></td></tr><tr><td>Personal Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Automobile</td><td></td><td>7,767 </td><td></td><td></td><td>6,923</td><td></td><td></td><td>6,170</td><td></td></tr><tr><td>Homeowners and Other</td><td></td><td>8,208 </td><td></td><td></td><td>7,404</td><td></td><td></td><td>6,426</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>15,975 </td><td></td><td></td><td>14,327</td><td></td><td></td><td>12,596</td><td></td></tr><tr><td>International</td><td></td><td>663 </td><td></td><td></td><td>635</td><td></td><td></td><td>654</td><td></td></tr><tr><td>Total Personal Insurance</td><td></td><td>16,638 </td><td></td><td></td><td>14,962</td><td></td><td></td><td>13,250</td><td></td></tr><tr><td>Total earned premiums</td><td></td><td>41,941 </td><td></td><td></td><td>37,761</td><td></td><td></td><td>33,763</td><td></td></tr><tr><td>Net investment income</td><td></td><td>3,590 </td><td></td><td></td><td>2,922</td><td></td><td></td><td>2,562</td><td></td></tr><tr><td>Fee income</td><td></td><td>473 </td><td></td><td></td><td>433</td><td></td><td></td><td>412</td><td></td></tr><tr><td>Other revenues</td><td></td><td>449 </td><td></td><td></td><td>353</td><td></td><td></td><td>351</td><td></td></tr><tr><td>Total segment revenues</td><td></td><td>46,453 </td><td></td><td></td><td>41,469</td><td></td><td></td><td>37,088</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 30 )</td><td></td><td></td><td>( 105 )</td><td></td><td></td><td>( 204 )</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr><tr><td>Income reconciliation, net of tax</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total segment income</td><td></td><td>$</td><td>5,370 </td><td></td><td></td><td>$</td><td>3,397</td><td></td><td></td><td>$</td><td>3,299</td><td></td></tr><tr><td>Interest Expense and Other (1) Interest Expense and Other (1)</td><td></td><td>( 345 )</td><td></td><td></td><td>( 325 )</td><td></td><td></td><td>( 301 )</td><td></td></tr><tr><td>Core income</td><td></td><td>5,025 </td><td></td><td></td><td>3,072</td><td></td><td></td><td>2,998</td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 26 )</td><td></td><td></td><td>( 81 )</td><td></td><td></td><td>( 156 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td>$</td><td>4,999 </td><td></td><td></td><td>$</td><td>2,991</td><td></td><td></td><td>$</td><td>2,842</td><td></td></tr></table>
table
351
monetaryItemType
table: <entity> 351 </entity> <entity type> monetaryItemType </entity type> <context> Other revenues | 449 | 353 | 351 </context>
us-gaap:OtherIncome
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Revenue reconciliation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earned premiums</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Workers’ compensation</td><td></td><td>$</td><td>3,470 </td><td></td><td></td><td>$</td><td>3,467</td><td></td><td></td><td>$</td><td>3,425</td><td></td></tr><tr><td>Commercial automobile</td><td></td><td>3,590 </td><td></td><td></td><td>3,215</td><td></td><td></td><td>2,976</td><td></td></tr><tr><td>Commercial property</td><td></td><td>3,616 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,611</td><td></td></tr><tr><td>General liability</td><td></td><td>3,464 </td><td></td><td></td><td>3,146</td><td></td><td></td><td>2,875</td><td></td></tr><tr><td>Commercial multi-peril</td><td></td><td>5,269 </td><td></td><td></td><td>4,686</td><td></td><td></td><td>4,109</td><td></td></tr><tr><td>Other</td><td></td><td>73 </td><td></td><td></td><td>76</td><td></td><td></td><td>76</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>19,482 </td><td></td><td></td><td>17,744</td><td></td><td></td><td>16,072</td><td></td></tr><tr><td>International</td><td></td><td>1,863 </td><td></td><td></td><td>1,400</td><td></td><td></td><td>1,023</td><td></td></tr><tr><td>Total Business Insurance</td><td></td><td>21,345 </td><td></td><td></td><td>19,144</td><td></td><td></td><td>17,095</td><td></td></tr><tr><td>Bond & Specialty Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fidelity and surety</td><td></td><td>1,416 </td><td></td><td></td><td>1,290</td><td></td><td></td><td>1,173</td><td></td></tr><tr><td>General liability</td><td></td><td>1,778 </td><td></td><td></td><td>1,639</td><td></td><td></td><td>1,556</td><td></td></tr><tr><td>Other</td><td></td><td>231 </td><td></td><td></td><td>225</td><td></td><td></td><td>222</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>3,425 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,951</td><td></td></tr><tr><td>International</td><td></td><td>533 </td><td></td><td></td><td>501</td><td></td><td></td><td>467</td><td></td></tr><tr><td>Total Bond & Specialty Insurance</td><td></td><td>3,958 </td><td></td><td></td><td>3,655</td><td></td><td></td><td>3,418</td><td></td></tr><tr><td>Personal Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Automobile</td><td></td><td>7,767 </td><td></td><td></td><td>6,923</td><td></td><td></td><td>6,170</td><td></td></tr><tr><td>Homeowners and Other</td><td></td><td>8,208 </td><td></td><td></td><td>7,404</td><td></td><td></td><td>6,426</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>15,975 </td><td></td><td></td><td>14,327</td><td></td><td></td><td>12,596</td><td></td></tr><tr><td>International</td><td></td><td>663 </td><td></td><td></td><td>635</td><td></td><td></td><td>654</td><td></td></tr><tr><td>Total Personal Insurance</td><td></td><td>16,638 </td><td></td><td></td><td>14,962</td><td></td><td></td><td>13,250</td><td></td></tr><tr><td>Total earned premiums</td><td></td><td>41,941 </td><td></td><td></td><td>37,761</td><td></td><td></td><td>33,763</td><td></td></tr><tr><td>Net investment income</td><td></td><td>3,590 </td><td></td><td></td><td>2,922</td><td></td><td></td><td>2,562</td><td></td></tr><tr><td>Fee income</td><td></td><td>473 </td><td></td><td></td><td>433</td><td></td><td></td><td>412</td><td></td></tr><tr><td>Other revenues</td><td></td><td>449 </td><td></td><td></td><td>353</td><td></td><td></td><td>351</td><td></td></tr><tr><td>Total segment revenues</td><td></td><td>46,453 </td><td></td><td></td><td>41,469</td><td></td><td></td><td>37,088</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 30 )</td><td></td><td></td><td>( 105 )</td><td></td><td></td><td>( 204 )</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr><tr><td>Income reconciliation, net of tax</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total segment income</td><td></td><td>$</td><td>5,370 </td><td></td><td></td><td>$</td><td>3,397</td><td></td><td></td><td>$</td><td>3,299</td><td></td></tr><tr><td>Interest Expense and Other (1) Interest Expense and Other (1)</td><td></td><td>( 345 )</td><td></td><td></td><td>( 325 )</td><td></td><td></td><td>( 301 )</td><td></td></tr><tr><td>Core income</td><td></td><td>5,025 </td><td></td><td></td><td>3,072</td><td></td><td></td><td>2,998</td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 26 )</td><td></td><td></td><td>( 81 )</td><td></td><td></td><td>( 156 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td>$</td><td>4,999 </td><td></td><td></td><td>$</td><td>2,991</td><td></td><td></td><td>$</td><td>2,842</td><td></td></tr></table>
table
30
monetaryItemType
table: <entity> 30 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
us-gaap:RealizedInvestmentGainsLosses
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Revenue reconciliation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earned premiums</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Workers’ compensation</td><td></td><td>$</td><td>3,470 </td><td></td><td></td><td>$</td><td>3,467</td><td></td><td></td><td>$</td><td>3,425</td><td></td></tr><tr><td>Commercial automobile</td><td></td><td>3,590 </td><td></td><td></td><td>3,215</td><td></td><td></td><td>2,976</td><td></td></tr><tr><td>Commercial property</td><td></td><td>3,616 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,611</td><td></td></tr><tr><td>General liability</td><td></td><td>3,464 </td><td></td><td></td><td>3,146</td><td></td><td></td><td>2,875</td><td></td></tr><tr><td>Commercial multi-peril</td><td></td><td>5,269 </td><td></td><td></td><td>4,686</td><td></td><td></td><td>4,109</td><td></td></tr><tr><td>Other</td><td></td><td>73 </td><td></td><td></td><td>76</td><td></td><td></td><td>76</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>19,482 </td><td></td><td></td><td>17,744</td><td></td><td></td><td>16,072</td><td></td></tr><tr><td>International</td><td></td><td>1,863 </td><td></td><td></td><td>1,400</td><td></td><td></td><td>1,023</td><td></td></tr><tr><td>Total Business Insurance</td><td></td><td>21,345 </td><td></td><td></td><td>19,144</td><td></td><td></td><td>17,095</td><td></td></tr><tr><td>Bond & Specialty Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fidelity and surety</td><td></td><td>1,416 </td><td></td><td></td><td>1,290</td><td></td><td></td><td>1,173</td><td></td></tr><tr><td>General liability</td><td></td><td>1,778 </td><td></td><td></td><td>1,639</td><td></td><td></td><td>1,556</td><td></td></tr><tr><td>Other</td><td></td><td>231 </td><td></td><td></td><td>225</td><td></td><td></td><td>222</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>3,425 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,951</td><td></td></tr><tr><td>International</td><td></td><td>533 </td><td></td><td></td><td>501</td><td></td><td></td><td>467</td><td></td></tr><tr><td>Total Bond & Specialty Insurance</td><td></td><td>3,958 </td><td></td><td></td><td>3,655</td><td></td><td></td><td>3,418</td><td></td></tr><tr><td>Personal Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Automobile</td><td></td><td>7,767 </td><td></td><td></td><td>6,923</td><td></td><td></td><td>6,170</td><td></td></tr><tr><td>Homeowners and Other</td><td></td><td>8,208 </td><td></td><td></td><td>7,404</td><td></td><td></td><td>6,426</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>15,975 </td><td></td><td></td><td>14,327</td><td></td><td></td><td>12,596</td><td></td></tr><tr><td>International</td><td></td><td>663 </td><td></td><td></td><td>635</td><td></td><td></td><td>654</td><td></td></tr><tr><td>Total Personal Insurance</td><td></td><td>16,638 </td><td></td><td></td><td>14,962</td><td></td><td></td><td>13,250</td><td></td></tr><tr><td>Total earned premiums</td><td></td><td>41,941 </td><td></td><td></td><td>37,761</td><td></td><td></td><td>33,763</td><td></td></tr><tr><td>Net investment income</td><td></td><td>3,590 </td><td></td><td></td><td>2,922</td><td></td><td></td><td>2,562</td><td></td></tr><tr><td>Fee income</td><td></td><td>473 </td><td></td><td></td><td>433</td><td></td><td></td><td>412</td><td></td></tr><tr><td>Other revenues</td><td></td><td>449 </td><td></td><td></td><td>353</td><td></td><td></td><td>351</td><td></td></tr><tr><td>Total segment revenues</td><td></td><td>46,453 </td><td></td><td></td><td>41,469</td><td></td><td></td><td>37,088</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 30 )</td><td></td><td></td><td>( 105 )</td><td></td><td></td><td>( 204 )</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr><tr><td>Income reconciliation, net of tax</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total segment income</td><td></td><td>$</td><td>5,370 </td><td></td><td></td><td>$</td><td>3,397</td><td></td><td></td><td>$</td><td>3,299</td><td></td></tr><tr><td>Interest Expense and Other (1) Interest Expense and Other (1)</td><td></td><td>( 345 )</td><td></td><td></td><td>( 325 )</td><td></td><td></td><td>( 301 )</td><td></td></tr><tr><td>Core income</td><td></td><td>5,025 </td><td></td><td></td><td>3,072</td><td></td><td></td><td>2,998</td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 26 )</td><td></td><td></td><td>( 81 )</td><td></td><td></td><td>( 156 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td>$</td><td>4,999 </td><td></td><td></td><td>$</td><td>2,991</td><td></td><td></td><td>$</td><td>2,842</td><td></td></tr></table>
table
105
monetaryItemType
table: <entity> 105 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
us-gaap:RealizedInvestmentGainsLosses
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Revenue reconciliation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earned premiums</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Workers’ compensation</td><td></td><td>$</td><td>3,470 </td><td></td><td></td><td>$</td><td>3,467</td><td></td><td></td><td>$</td><td>3,425</td><td></td></tr><tr><td>Commercial automobile</td><td></td><td>3,590 </td><td></td><td></td><td>3,215</td><td></td><td></td><td>2,976</td><td></td></tr><tr><td>Commercial property</td><td></td><td>3,616 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,611</td><td></td></tr><tr><td>General liability</td><td></td><td>3,464 </td><td></td><td></td><td>3,146</td><td></td><td></td><td>2,875</td><td></td></tr><tr><td>Commercial multi-peril</td><td></td><td>5,269 </td><td></td><td></td><td>4,686</td><td></td><td></td><td>4,109</td><td></td></tr><tr><td>Other</td><td></td><td>73 </td><td></td><td></td><td>76</td><td></td><td></td><td>76</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>19,482 </td><td></td><td></td><td>17,744</td><td></td><td></td><td>16,072</td><td></td></tr><tr><td>International</td><td></td><td>1,863 </td><td></td><td></td><td>1,400</td><td></td><td></td><td>1,023</td><td></td></tr><tr><td>Total Business Insurance</td><td></td><td>21,345 </td><td></td><td></td><td>19,144</td><td></td><td></td><td>17,095</td><td></td></tr><tr><td>Bond & Specialty Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fidelity and surety</td><td></td><td>1,416 </td><td></td><td></td><td>1,290</td><td></td><td></td><td>1,173</td><td></td></tr><tr><td>General liability</td><td></td><td>1,778 </td><td></td><td></td><td>1,639</td><td></td><td></td><td>1,556</td><td></td></tr><tr><td>Other</td><td></td><td>231 </td><td></td><td></td><td>225</td><td></td><td></td><td>222</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>3,425 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,951</td><td></td></tr><tr><td>International</td><td></td><td>533 </td><td></td><td></td><td>501</td><td></td><td></td><td>467</td><td></td></tr><tr><td>Total Bond & Specialty Insurance</td><td></td><td>3,958 </td><td></td><td></td><td>3,655</td><td></td><td></td><td>3,418</td><td></td></tr><tr><td>Personal Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Automobile</td><td></td><td>7,767 </td><td></td><td></td><td>6,923</td><td></td><td></td><td>6,170</td><td></td></tr><tr><td>Homeowners and Other</td><td></td><td>8,208 </td><td></td><td></td><td>7,404</td><td></td><td></td><td>6,426</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>15,975 </td><td></td><td></td><td>14,327</td><td></td><td></td><td>12,596</td><td></td></tr><tr><td>International</td><td></td><td>663 </td><td></td><td></td><td>635</td><td></td><td></td><td>654</td><td></td></tr><tr><td>Total Personal Insurance</td><td></td><td>16,638 </td><td></td><td></td><td>14,962</td><td></td><td></td><td>13,250</td><td></td></tr><tr><td>Total earned premiums</td><td></td><td>41,941 </td><td></td><td></td><td>37,761</td><td></td><td></td><td>33,763</td><td></td></tr><tr><td>Net investment income</td><td></td><td>3,590 </td><td></td><td></td><td>2,922</td><td></td><td></td><td>2,562</td><td></td></tr><tr><td>Fee income</td><td></td><td>473 </td><td></td><td></td><td>433</td><td></td><td></td><td>412</td><td></td></tr><tr><td>Other revenues</td><td></td><td>449 </td><td></td><td></td><td>353</td><td></td><td></td><td>351</td><td></td></tr><tr><td>Total segment revenues</td><td></td><td>46,453 </td><td></td><td></td><td>41,469</td><td></td><td></td><td>37,088</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 30 )</td><td></td><td></td><td>( 105 )</td><td></td><td></td><td>( 204 )</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr><tr><td>Income reconciliation, net of tax</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total segment income</td><td></td><td>$</td><td>5,370 </td><td></td><td></td><td>$</td><td>3,397</td><td></td><td></td><td>$</td><td>3,299</td><td></td></tr><tr><td>Interest Expense and Other (1) Interest Expense and Other (1)</td><td></td><td>( 345 )</td><td></td><td></td><td>( 325 )</td><td></td><td></td><td>( 301 )</td><td></td></tr><tr><td>Core income</td><td></td><td>5,025 </td><td></td><td></td><td>3,072</td><td></td><td></td><td>2,998</td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 26 )</td><td></td><td></td><td>( 81 )</td><td></td><td></td><td>( 156 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td>$</td><td>4,999 </td><td></td><td></td><td>$</td><td>2,991</td><td></td><td></td><td>$</td><td>2,842</td><td></td></tr></table>
table
204
monetaryItemType
table: <entity> 204 </entity> <entity type> monetaryItemType </entity type> <context> None </context>
us-gaap:RealizedInvestmentGainsLosses
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Revenue reconciliation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earned premiums</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Workers’ compensation</td><td></td><td>$</td><td>3,470 </td><td></td><td></td><td>$</td><td>3,467</td><td></td><td></td><td>$</td><td>3,425</td><td></td></tr><tr><td>Commercial automobile</td><td></td><td>3,590 </td><td></td><td></td><td>3,215</td><td></td><td></td><td>2,976</td><td></td></tr><tr><td>Commercial property</td><td></td><td>3,616 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,611</td><td></td></tr><tr><td>General liability</td><td></td><td>3,464 </td><td></td><td></td><td>3,146</td><td></td><td></td><td>2,875</td><td></td></tr><tr><td>Commercial multi-peril</td><td></td><td>5,269 </td><td></td><td></td><td>4,686</td><td></td><td></td><td>4,109</td><td></td></tr><tr><td>Other</td><td></td><td>73 </td><td></td><td></td><td>76</td><td></td><td></td><td>76</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>19,482 </td><td></td><td></td><td>17,744</td><td></td><td></td><td>16,072</td><td></td></tr><tr><td>International</td><td></td><td>1,863 </td><td></td><td></td><td>1,400</td><td></td><td></td><td>1,023</td><td></td></tr><tr><td>Total Business Insurance</td><td></td><td>21,345 </td><td></td><td></td><td>19,144</td><td></td><td></td><td>17,095</td><td></td></tr><tr><td>Bond & Specialty Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fidelity and surety</td><td></td><td>1,416 </td><td></td><td></td><td>1,290</td><td></td><td></td><td>1,173</td><td></td></tr><tr><td>General liability</td><td></td><td>1,778 </td><td></td><td></td><td>1,639</td><td></td><td></td><td>1,556</td><td></td></tr><tr><td>Other</td><td></td><td>231 </td><td></td><td></td><td>225</td><td></td><td></td><td>222</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>3,425 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,951</td><td></td></tr><tr><td>International</td><td></td><td>533 </td><td></td><td></td><td>501</td><td></td><td></td><td>467</td><td></td></tr><tr><td>Total Bond & Specialty Insurance</td><td></td><td>3,958 </td><td></td><td></td><td>3,655</td><td></td><td></td><td>3,418</td><td></td></tr><tr><td>Personal Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Automobile</td><td></td><td>7,767 </td><td></td><td></td><td>6,923</td><td></td><td></td><td>6,170</td><td></td></tr><tr><td>Homeowners and Other</td><td></td><td>8,208 </td><td></td><td></td><td>7,404</td><td></td><td></td><td>6,426</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>15,975 </td><td></td><td></td><td>14,327</td><td></td><td></td><td>12,596</td><td></td></tr><tr><td>International</td><td></td><td>663 </td><td></td><td></td><td>635</td><td></td><td></td><td>654</td><td></td></tr><tr><td>Total Personal Insurance</td><td></td><td>16,638 </td><td></td><td></td><td>14,962</td><td></td><td></td><td>13,250</td><td></td></tr><tr><td>Total earned premiums</td><td></td><td>41,941 </td><td></td><td></td><td>37,761</td><td></td><td></td><td>33,763</td><td></td></tr><tr><td>Net investment income</td><td></td><td>3,590 </td><td></td><td></td><td>2,922</td><td></td><td></td><td>2,562</td><td></td></tr><tr><td>Fee income</td><td></td><td>473 </td><td></td><td></td><td>433</td><td></td><td></td><td>412</td><td></td></tr><tr><td>Other revenues</td><td></td><td>449 </td><td></td><td></td><td>353</td><td></td><td></td><td>351</td><td></td></tr><tr><td>Total segment revenues</td><td></td><td>46,453 </td><td></td><td></td><td>41,469</td><td></td><td></td><td>37,088</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 30 )</td><td></td><td></td><td>( 105 )</td><td></td><td></td><td>( 204 )</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr><tr><td>Income reconciliation, net of tax</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total segment income</td><td></td><td>$</td><td>5,370 </td><td></td><td></td><td>$</td><td>3,397</td><td></td><td></td><td>$</td><td>3,299</td><td></td></tr><tr><td>Interest Expense and Other (1) Interest Expense and Other (1)</td><td></td><td>( 345 )</td><td></td><td></td><td>( 325 )</td><td></td><td></td><td>( 301 )</td><td></td></tr><tr><td>Core income</td><td></td><td>5,025 </td><td></td><td></td><td>3,072</td><td></td><td></td><td>2,998</td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 26 )</td><td></td><td></td><td>( 81 )</td><td></td><td></td><td>( 156 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td>$</td><td>4,999 </td><td></td><td></td><td>$</td><td>2,991</td><td></td><td></td><td>$</td><td>2,842</td><td></td></tr></table>
table
46423
monetaryItemType
table: <entity> 46423 </entity> <entity type> monetaryItemType </entity type> <context> Total revenues | $ | 46,423 | $ | 41,364 | $ | 36,884 </context>
us-gaap:Revenues
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Revenue reconciliation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earned premiums</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Workers’ compensation</td><td></td><td>$</td><td>3,470 </td><td></td><td></td><td>$</td><td>3,467</td><td></td><td></td><td>$</td><td>3,425</td><td></td></tr><tr><td>Commercial automobile</td><td></td><td>3,590 </td><td></td><td></td><td>3,215</td><td></td><td></td><td>2,976</td><td></td></tr><tr><td>Commercial property</td><td></td><td>3,616 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,611</td><td></td></tr><tr><td>General liability</td><td></td><td>3,464 </td><td></td><td></td><td>3,146</td><td></td><td></td><td>2,875</td><td></td></tr><tr><td>Commercial multi-peril</td><td></td><td>5,269 </td><td></td><td></td><td>4,686</td><td></td><td></td><td>4,109</td><td></td></tr><tr><td>Other</td><td></td><td>73 </td><td></td><td></td><td>76</td><td></td><td></td><td>76</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>19,482 </td><td></td><td></td><td>17,744</td><td></td><td></td><td>16,072</td><td></td></tr><tr><td>International</td><td></td><td>1,863 </td><td></td><td></td><td>1,400</td><td></td><td></td><td>1,023</td><td></td></tr><tr><td>Total Business Insurance</td><td></td><td>21,345 </td><td></td><td></td><td>19,144</td><td></td><td></td><td>17,095</td><td></td></tr><tr><td>Bond & Specialty Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fidelity and surety</td><td></td><td>1,416 </td><td></td><td></td><td>1,290</td><td></td><td></td><td>1,173</td><td></td></tr><tr><td>General liability</td><td></td><td>1,778 </td><td></td><td></td><td>1,639</td><td></td><td></td><td>1,556</td><td></td></tr><tr><td>Other</td><td></td><td>231 </td><td></td><td></td><td>225</td><td></td><td></td><td>222</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>3,425 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,951</td><td></td></tr><tr><td>International</td><td></td><td>533 </td><td></td><td></td><td>501</td><td></td><td></td><td>467</td><td></td></tr><tr><td>Total Bond & Specialty Insurance</td><td></td><td>3,958 </td><td></td><td></td><td>3,655</td><td></td><td></td><td>3,418</td><td></td></tr><tr><td>Personal Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Automobile</td><td></td><td>7,767 </td><td></td><td></td><td>6,923</td><td></td><td></td><td>6,170</td><td></td></tr><tr><td>Homeowners and Other</td><td></td><td>8,208 </td><td></td><td></td><td>7,404</td><td></td><td></td><td>6,426</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>15,975 </td><td></td><td></td><td>14,327</td><td></td><td></td><td>12,596</td><td></td></tr><tr><td>International</td><td></td><td>663 </td><td></td><td></td><td>635</td><td></td><td></td><td>654</td><td></td></tr><tr><td>Total Personal Insurance</td><td></td><td>16,638 </td><td></td><td></td><td>14,962</td><td></td><td></td><td>13,250</td><td></td></tr><tr><td>Total earned premiums</td><td></td><td>41,941 </td><td></td><td></td><td>37,761</td><td></td><td></td><td>33,763</td><td></td></tr><tr><td>Net investment income</td><td></td><td>3,590 </td><td></td><td></td><td>2,922</td><td></td><td></td><td>2,562</td><td></td></tr><tr><td>Fee income</td><td></td><td>473 </td><td></td><td></td><td>433</td><td></td><td></td><td>412</td><td></td></tr><tr><td>Other revenues</td><td></td><td>449 </td><td></td><td></td><td>353</td><td></td><td></td><td>351</td><td></td></tr><tr><td>Total segment revenues</td><td></td><td>46,453 </td><td></td><td></td><td>41,469</td><td></td><td></td><td>37,088</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 30 )</td><td></td><td></td><td>( 105 )</td><td></td><td></td><td>( 204 )</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr><tr><td>Income reconciliation, net of tax</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total segment income</td><td></td><td>$</td><td>5,370 </td><td></td><td></td><td>$</td><td>3,397</td><td></td><td></td><td>$</td><td>3,299</td><td></td></tr><tr><td>Interest Expense and Other (1) Interest Expense and Other (1)</td><td></td><td>( 345 )</td><td></td><td></td><td>( 325 )</td><td></td><td></td><td>( 301 )</td><td></td></tr><tr><td>Core income</td><td></td><td>5,025 </td><td></td><td></td><td>3,072</td><td></td><td></td><td>2,998</td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 26 )</td><td></td><td></td><td>( 81 )</td><td></td><td></td><td>( 156 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td>$</td><td>4,999 </td><td></td><td></td><td>$</td><td>2,991</td><td></td><td></td><td>$</td><td>2,842</td><td></td></tr></table>
table
41364
monetaryItemType
table: <entity> 41364 </entity> <entity type> monetaryItemType </entity type> <context> Total revenues | $ | 46,423 | $ | 41,364 | $ | 36,884 </context>
us-gaap:Revenues
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Revenue reconciliation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earned premiums</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Workers’ compensation</td><td></td><td>$</td><td>3,470 </td><td></td><td></td><td>$</td><td>3,467</td><td></td><td></td><td>$</td><td>3,425</td><td></td></tr><tr><td>Commercial automobile</td><td></td><td>3,590 </td><td></td><td></td><td>3,215</td><td></td><td></td><td>2,976</td><td></td></tr><tr><td>Commercial property</td><td></td><td>3,616 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,611</td><td></td></tr><tr><td>General liability</td><td></td><td>3,464 </td><td></td><td></td><td>3,146</td><td></td><td></td><td>2,875</td><td></td></tr><tr><td>Commercial multi-peril</td><td></td><td>5,269 </td><td></td><td></td><td>4,686</td><td></td><td></td><td>4,109</td><td></td></tr><tr><td>Other</td><td></td><td>73 </td><td></td><td></td><td>76</td><td></td><td></td><td>76</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>19,482 </td><td></td><td></td><td>17,744</td><td></td><td></td><td>16,072</td><td></td></tr><tr><td>International</td><td></td><td>1,863 </td><td></td><td></td><td>1,400</td><td></td><td></td><td>1,023</td><td></td></tr><tr><td>Total Business Insurance</td><td></td><td>21,345 </td><td></td><td></td><td>19,144</td><td></td><td></td><td>17,095</td><td></td></tr><tr><td>Bond & Specialty Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fidelity and surety</td><td></td><td>1,416 </td><td></td><td></td><td>1,290</td><td></td><td></td><td>1,173</td><td></td></tr><tr><td>General liability</td><td></td><td>1,778 </td><td></td><td></td><td>1,639</td><td></td><td></td><td>1,556</td><td></td></tr><tr><td>Other</td><td></td><td>231 </td><td></td><td></td><td>225</td><td></td><td></td><td>222</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>3,425 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,951</td><td></td></tr><tr><td>International</td><td></td><td>533 </td><td></td><td></td><td>501</td><td></td><td></td><td>467</td><td></td></tr><tr><td>Total Bond & Specialty Insurance</td><td></td><td>3,958 </td><td></td><td></td><td>3,655</td><td></td><td></td><td>3,418</td><td></td></tr><tr><td>Personal Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Automobile</td><td></td><td>7,767 </td><td></td><td></td><td>6,923</td><td></td><td></td><td>6,170</td><td></td></tr><tr><td>Homeowners and Other</td><td></td><td>8,208 </td><td></td><td></td><td>7,404</td><td></td><td></td><td>6,426</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>15,975 </td><td></td><td></td><td>14,327</td><td></td><td></td><td>12,596</td><td></td></tr><tr><td>International</td><td></td><td>663 </td><td></td><td></td><td>635</td><td></td><td></td><td>654</td><td></td></tr><tr><td>Total Personal Insurance</td><td></td><td>16,638 </td><td></td><td></td><td>14,962</td><td></td><td></td><td>13,250</td><td></td></tr><tr><td>Total earned premiums</td><td></td><td>41,941 </td><td></td><td></td><td>37,761</td><td></td><td></td><td>33,763</td><td></td></tr><tr><td>Net investment income</td><td></td><td>3,590 </td><td></td><td></td><td>2,922</td><td></td><td></td><td>2,562</td><td></td></tr><tr><td>Fee income</td><td></td><td>473 </td><td></td><td></td><td>433</td><td></td><td></td><td>412</td><td></td></tr><tr><td>Other revenues</td><td></td><td>449 </td><td></td><td></td><td>353</td><td></td><td></td><td>351</td><td></td></tr><tr><td>Total segment revenues</td><td></td><td>46,453 </td><td></td><td></td><td>41,469</td><td></td><td></td><td>37,088</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 30 )</td><td></td><td></td><td>( 105 )</td><td></td><td></td><td>( 204 )</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr><tr><td>Income reconciliation, net of tax</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total segment income</td><td></td><td>$</td><td>5,370 </td><td></td><td></td><td>$</td><td>3,397</td><td></td><td></td><td>$</td><td>3,299</td><td></td></tr><tr><td>Interest Expense and Other (1) Interest Expense and Other (1)</td><td></td><td>( 345 )</td><td></td><td></td><td>( 325 )</td><td></td><td></td><td>( 301 )</td><td></td></tr><tr><td>Core income</td><td></td><td>5,025 </td><td></td><td></td><td>3,072</td><td></td><td></td><td>2,998</td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 26 )</td><td></td><td></td><td>( 81 )</td><td></td><td></td><td>( 156 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td>$</td><td>4,999 </td><td></td><td></td><td>$</td><td>2,991</td><td></td><td></td><td>$</td><td>2,842</td><td></td></tr></table>
table
36884
monetaryItemType
table: <entity> 36884 </entity> <entity type> monetaryItemType </entity type> <context> Total revenues | $ | 46,423 | $ | 41,364 | $ | 36,884 </context>
us-gaap:Revenues
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Revenue reconciliation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earned premiums</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Workers’ compensation</td><td></td><td>$</td><td>3,470 </td><td></td><td></td><td>$</td><td>3,467</td><td></td><td></td><td>$</td><td>3,425</td><td></td></tr><tr><td>Commercial automobile</td><td></td><td>3,590 </td><td></td><td></td><td>3,215</td><td></td><td></td><td>2,976</td><td></td></tr><tr><td>Commercial property</td><td></td><td>3,616 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,611</td><td></td></tr><tr><td>General liability</td><td></td><td>3,464 </td><td></td><td></td><td>3,146</td><td></td><td></td><td>2,875</td><td></td></tr><tr><td>Commercial multi-peril</td><td></td><td>5,269 </td><td></td><td></td><td>4,686</td><td></td><td></td><td>4,109</td><td></td></tr><tr><td>Other</td><td></td><td>73 </td><td></td><td></td><td>76</td><td></td><td></td><td>76</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>19,482 </td><td></td><td></td><td>17,744</td><td></td><td></td><td>16,072</td><td></td></tr><tr><td>International</td><td></td><td>1,863 </td><td></td><td></td><td>1,400</td><td></td><td></td><td>1,023</td><td></td></tr><tr><td>Total Business Insurance</td><td></td><td>21,345 </td><td></td><td></td><td>19,144</td><td></td><td></td><td>17,095</td><td></td></tr><tr><td>Bond & Specialty Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fidelity and surety</td><td></td><td>1,416 </td><td></td><td></td><td>1,290</td><td></td><td></td><td>1,173</td><td></td></tr><tr><td>General liability</td><td></td><td>1,778 </td><td></td><td></td><td>1,639</td><td></td><td></td><td>1,556</td><td></td></tr><tr><td>Other</td><td></td><td>231 </td><td></td><td></td><td>225</td><td></td><td></td><td>222</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>3,425 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,951</td><td></td></tr><tr><td>International</td><td></td><td>533 </td><td></td><td></td><td>501</td><td></td><td></td><td>467</td><td></td></tr><tr><td>Total Bond & Specialty Insurance</td><td></td><td>3,958 </td><td></td><td></td><td>3,655</td><td></td><td></td><td>3,418</td><td></td></tr><tr><td>Personal Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Automobile</td><td></td><td>7,767 </td><td></td><td></td><td>6,923</td><td></td><td></td><td>6,170</td><td></td></tr><tr><td>Homeowners and Other</td><td></td><td>8,208 </td><td></td><td></td><td>7,404</td><td></td><td></td><td>6,426</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>15,975 </td><td></td><td></td><td>14,327</td><td></td><td></td><td>12,596</td><td></td></tr><tr><td>International</td><td></td><td>663 </td><td></td><td></td><td>635</td><td></td><td></td><td>654</td><td></td></tr><tr><td>Total Personal Insurance</td><td></td><td>16,638 </td><td></td><td></td><td>14,962</td><td></td><td></td><td>13,250</td><td></td></tr><tr><td>Total earned premiums</td><td></td><td>41,941 </td><td></td><td></td><td>37,761</td><td></td><td></td><td>33,763</td><td></td></tr><tr><td>Net investment income</td><td></td><td>3,590 </td><td></td><td></td><td>2,922</td><td></td><td></td><td>2,562</td><td></td></tr><tr><td>Fee income</td><td></td><td>473 </td><td></td><td></td><td>433</td><td></td><td></td><td>412</td><td></td></tr><tr><td>Other revenues</td><td></td><td>449 </td><td></td><td></td><td>353</td><td></td><td></td><td>351</td><td></td></tr><tr><td>Total segment revenues</td><td></td><td>46,453 </td><td></td><td></td><td>41,469</td><td></td><td></td><td>37,088</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 30 )</td><td></td><td></td><td>( 105 )</td><td></td><td></td><td>( 204 )</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr><tr><td>Income reconciliation, net of tax</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total segment income</td><td></td><td>$</td><td>5,370 </td><td></td><td></td><td>$</td><td>3,397</td><td></td><td></td><td>$</td><td>3,299</td><td></td></tr><tr><td>Interest Expense and Other (1) Interest Expense and Other (1)</td><td></td><td>( 345 )</td><td></td><td></td><td>( 325 )</td><td></td><td></td><td>( 301 )</td><td></td></tr><tr><td>Core income</td><td></td><td>5,025 </td><td></td><td></td><td>3,072</td><td></td><td></td><td>2,998</td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 26 )</td><td></td><td></td><td>( 81 )</td><td></td><td></td><td>( 156 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td>$</td><td>4,999 </td><td></td><td></td><td>$</td><td>2,991</td><td></td><td></td><td>$</td><td>2,842</td><td></td></tr></table>
table
4999
monetaryItemType
table: <entity> 4999 </entity> <entity type> monetaryItemType </entity type> <context> Net income | $ | 4,999 | $ | 2,991 | $ | 2,842 </context>
us-gaap:NetIncomeLoss
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Revenue reconciliation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earned premiums</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Workers’ compensation</td><td></td><td>$</td><td>3,470 </td><td></td><td></td><td>$</td><td>3,467</td><td></td><td></td><td>$</td><td>3,425</td><td></td></tr><tr><td>Commercial automobile</td><td></td><td>3,590 </td><td></td><td></td><td>3,215</td><td></td><td></td><td>2,976</td><td></td></tr><tr><td>Commercial property</td><td></td><td>3,616 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,611</td><td></td></tr><tr><td>General liability</td><td></td><td>3,464 </td><td></td><td></td><td>3,146</td><td></td><td></td><td>2,875</td><td></td></tr><tr><td>Commercial multi-peril</td><td></td><td>5,269 </td><td></td><td></td><td>4,686</td><td></td><td></td><td>4,109</td><td></td></tr><tr><td>Other</td><td></td><td>73 </td><td></td><td></td><td>76</td><td></td><td></td><td>76</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>19,482 </td><td></td><td></td><td>17,744</td><td></td><td></td><td>16,072</td><td></td></tr><tr><td>International</td><td></td><td>1,863 </td><td></td><td></td><td>1,400</td><td></td><td></td><td>1,023</td><td></td></tr><tr><td>Total Business Insurance</td><td></td><td>21,345 </td><td></td><td></td><td>19,144</td><td></td><td></td><td>17,095</td><td></td></tr><tr><td>Bond & Specialty Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fidelity and surety</td><td></td><td>1,416 </td><td></td><td></td><td>1,290</td><td></td><td></td><td>1,173</td><td></td></tr><tr><td>General liability</td><td></td><td>1,778 </td><td></td><td></td><td>1,639</td><td></td><td></td><td>1,556</td><td></td></tr><tr><td>Other</td><td></td><td>231 </td><td></td><td></td><td>225</td><td></td><td></td><td>222</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>3,425 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,951</td><td></td></tr><tr><td>International</td><td></td><td>533 </td><td></td><td></td><td>501</td><td></td><td></td><td>467</td><td></td></tr><tr><td>Total Bond & Specialty Insurance</td><td></td><td>3,958 </td><td></td><td></td><td>3,655</td><td></td><td></td><td>3,418</td><td></td></tr><tr><td>Personal Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Automobile</td><td></td><td>7,767 </td><td></td><td></td><td>6,923</td><td></td><td></td><td>6,170</td><td></td></tr><tr><td>Homeowners and Other</td><td></td><td>8,208 </td><td></td><td></td><td>7,404</td><td></td><td></td><td>6,426</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>15,975 </td><td></td><td></td><td>14,327</td><td></td><td></td><td>12,596</td><td></td></tr><tr><td>International</td><td></td><td>663 </td><td></td><td></td><td>635</td><td></td><td></td><td>654</td><td></td></tr><tr><td>Total Personal Insurance</td><td></td><td>16,638 </td><td></td><td></td><td>14,962</td><td></td><td></td><td>13,250</td><td></td></tr><tr><td>Total earned premiums</td><td></td><td>41,941 </td><td></td><td></td><td>37,761</td><td></td><td></td><td>33,763</td><td></td></tr><tr><td>Net investment income</td><td></td><td>3,590 </td><td></td><td></td><td>2,922</td><td></td><td></td><td>2,562</td><td></td></tr><tr><td>Fee income</td><td></td><td>473 </td><td></td><td></td><td>433</td><td></td><td></td><td>412</td><td></td></tr><tr><td>Other revenues</td><td></td><td>449 </td><td></td><td></td><td>353</td><td></td><td></td><td>351</td><td></td></tr><tr><td>Total segment revenues</td><td></td><td>46,453 </td><td></td><td></td><td>41,469</td><td></td><td></td><td>37,088</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 30 )</td><td></td><td></td><td>( 105 )</td><td></td><td></td><td>( 204 )</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr><tr><td>Income reconciliation, net of tax</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total segment income</td><td></td><td>$</td><td>5,370 </td><td></td><td></td><td>$</td><td>3,397</td><td></td><td></td><td>$</td><td>3,299</td><td></td></tr><tr><td>Interest Expense and Other (1) Interest Expense and Other (1)</td><td></td><td>( 345 )</td><td></td><td></td><td>( 325 )</td><td></td><td></td><td>( 301 )</td><td></td></tr><tr><td>Core income</td><td></td><td>5,025 </td><td></td><td></td><td>3,072</td><td></td><td></td><td>2,998</td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 26 )</td><td></td><td></td><td>( 81 )</td><td></td><td></td><td>( 156 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td>$</td><td>4,999 </td><td></td><td></td><td>$</td><td>2,991</td><td></td><td></td><td>$</td><td>2,842</td><td></td></tr></table>
table
2991
monetaryItemType
table: <entity> 2991 </entity> <entity type> monetaryItemType </entity type> <context> Net income | $ | 4,999 | $ | 2,991 | $ | 2,842 </context>
us-gaap:NetIncomeLoss
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>Revenue reconciliation</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earned premiums</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Workers’ compensation</td><td></td><td>$</td><td>3,470 </td><td></td><td></td><td>$</td><td>3,467</td><td></td><td></td><td>$</td><td>3,425</td><td></td></tr><tr><td>Commercial automobile</td><td></td><td>3,590 </td><td></td><td></td><td>3,215</td><td></td><td></td><td>2,976</td><td></td></tr><tr><td>Commercial property</td><td></td><td>3,616 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,611</td><td></td></tr><tr><td>General liability</td><td></td><td>3,464 </td><td></td><td></td><td>3,146</td><td></td><td></td><td>2,875</td><td></td></tr><tr><td>Commercial multi-peril</td><td></td><td>5,269 </td><td></td><td></td><td>4,686</td><td></td><td></td><td>4,109</td><td></td></tr><tr><td>Other</td><td></td><td>73 </td><td></td><td></td><td>76</td><td></td><td></td><td>76</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>19,482 </td><td></td><td></td><td>17,744</td><td></td><td></td><td>16,072</td><td></td></tr><tr><td>International</td><td></td><td>1,863 </td><td></td><td></td><td>1,400</td><td></td><td></td><td>1,023</td><td></td></tr><tr><td>Total Business Insurance</td><td></td><td>21,345 </td><td></td><td></td><td>19,144</td><td></td><td></td><td>17,095</td><td></td></tr><tr><td>Bond & Specialty Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Fidelity and surety</td><td></td><td>1,416 </td><td></td><td></td><td>1,290</td><td></td><td></td><td>1,173</td><td></td></tr><tr><td>General liability</td><td></td><td>1,778 </td><td></td><td></td><td>1,639</td><td></td><td></td><td>1,556</td><td></td></tr><tr><td>Other</td><td></td><td>231 </td><td></td><td></td><td>225</td><td></td><td></td><td>222</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>3,425 </td><td></td><td></td><td>3,154</td><td></td><td></td><td>2,951</td><td></td></tr><tr><td>International</td><td></td><td>533 </td><td></td><td></td><td>501</td><td></td><td></td><td>467</td><td></td></tr><tr><td>Total Bond & Specialty Insurance</td><td></td><td>3,958 </td><td></td><td></td><td>3,655</td><td></td><td></td><td>3,418</td><td></td></tr><tr><td>Personal Insurance:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Domestic:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Automobile</td><td></td><td>7,767 </td><td></td><td></td><td>6,923</td><td></td><td></td><td>6,170</td><td></td></tr><tr><td>Homeowners and Other</td><td></td><td>8,208 </td><td></td><td></td><td>7,404</td><td></td><td></td><td>6,426</td><td></td></tr><tr><td>Total Domestic</td><td></td><td>15,975 </td><td></td><td></td><td>14,327</td><td></td><td></td><td>12,596</td><td></td></tr><tr><td>International</td><td></td><td>663 </td><td></td><td></td><td>635</td><td></td><td></td><td>654</td><td></td></tr><tr><td>Total Personal Insurance</td><td></td><td>16,638 </td><td></td><td></td><td>14,962</td><td></td><td></td><td>13,250</td><td></td></tr><tr><td>Total earned premiums</td><td></td><td>41,941 </td><td></td><td></td><td>37,761</td><td></td><td></td><td>33,763</td><td></td></tr><tr><td>Net investment income</td><td></td><td>3,590 </td><td></td><td></td><td>2,922</td><td></td><td></td><td>2,562</td><td></td></tr><tr><td>Fee income</td><td></td><td>473 </td><td></td><td></td><td>433</td><td></td><td></td><td>412</td><td></td></tr><tr><td>Other revenues</td><td></td><td>449 </td><td></td><td></td><td>353</td><td></td><td></td><td>351</td><td></td></tr><tr><td>Total segment revenues</td><td></td><td>46,453 </td><td></td><td></td><td>41,469</td><td></td><td></td><td>37,088</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 30 )</td><td></td><td></td><td>( 105 )</td><td></td><td></td><td>( 204 )</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr><tr><td>Income reconciliation, net of tax</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total segment income</td><td></td><td>$</td><td>5,370 </td><td></td><td></td><td>$</td><td>3,397</td><td></td><td></td><td>$</td><td>3,299</td><td></td></tr><tr><td>Interest Expense and Other (1) Interest Expense and Other (1)</td><td></td><td>( 345 )</td><td></td><td></td><td>( 325 )</td><td></td><td></td><td>( 301 )</td><td></td></tr><tr><td>Core income</td><td></td><td>5,025 </td><td></td><td></td><td>3,072</td><td></td><td></td><td>2,998</td><td></td></tr><tr><td>Net realized investment losses</td><td></td><td>( 26 )</td><td></td><td></td><td>( 81 )</td><td></td><td></td><td>( 156 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td>$</td><td>4,999 </td><td></td><td></td><td>$</td><td>2,991</td><td></td><td></td><td>$</td><td>2,842</td><td></td></tr></table>
table
2842
monetaryItemType
table: <entity> 2842 </entity> <entity type> monetaryItemType </entity type> <context> Net income | $ | 4,999 | $ | 2,991 | $ | 2,842 </context>
us-gaap:NetIncomeLoss
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(at December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td></tr><tr><td>Asset reconciliation:</td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance</td><td></td><td>$</td><td>98,311 </td><td></td><td></td><td>$</td><td>93,565</td><td></td></tr><tr><td>Bond & Specialty Insurance</td><td></td><td>12,628 </td><td></td><td></td><td>11,478</td><td></td></tr><tr><td>Personal Insurance</td><td></td><td>21,138 </td><td></td><td></td><td>20,072</td><td></td></tr><tr><td>Total assets for reportable segments</td><td></td><td>132,077 </td><td></td><td></td><td>125,115</td><td></td></tr><tr><td>Other assets (1) Other assets (1)</td><td></td><td>1,112 </td><td></td><td></td><td>863</td><td></td></tr><tr><td>Total consolidated assets</td><td></td><td>$</td><td>133,189 </td><td></td><td></td><td>$</td><td>125,978</td><td></td></tr></table>
table
98311
monetaryItemType
table: <entity> 98311 </entity> <entity type> monetaryItemType </entity type> <context> Business Insurance | $ | 98,311 | $ | 93,565 </context>
us-gaap:Assets
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(at December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td></tr><tr><td>Asset reconciliation:</td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance</td><td></td><td>$</td><td>98,311 </td><td></td><td></td><td>$</td><td>93,565</td><td></td></tr><tr><td>Bond & Specialty Insurance</td><td></td><td>12,628 </td><td></td><td></td><td>11,478</td><td></td></tr><tr><td>Personal Insurance</td><td></td><td>21,138 </td><td></td><td></td><td>20,072</td><td></td></tr><tr><td>Total assets for reportable segments</td><td></td><td>132,077 </td><td></td><td></td><td>125,115</td><td></td></tr><tr><td>Other assets (1) Other assets (1)</td><td></td><td>1,112 </td><td></td><td></td><td>863</td><td></td></tr><tr><td>Total consolidated assets</td><td></td><td>$</td><td>133,189 </td><td></td><td></td><td>$</td><td>125,978</td><td></td></tr></table>
table
93565
monetaryItemType
table: <entity> 93565 </entity> <entity type> monetaryItemType </entity type> <context> Business Insurance | $ | 98,311 | $ | 93,565 </context>
us-gaap:Assets
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(at December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td></tr><tr><td>Asset reconciliation:</td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance</td><td></td><td>$</td><td>98,311 </td><td></td><td></td><td>$</td><td>93,565</td><td></td></tr><tr><td>Bond & Specialty Insurance</td><td></td><td>12,628 </td><td></td><td></td><td>11,478</td><td></td></tr><tr><td>Personal Insurance</td><td></td><td>21,138 </td><td></td><td></td><td>20,072</td><td></td></tr><tr><td>Total assets for reportable segments</td><td></td><td>132,077 </td><td></td><td></td><td>125,115</td><td></td></tr><tr><td>Other assets (1) Other assets (1)</td><td></td><td>1,112 </td><td></td><td></td><td>863</td><td></td></tr><tr><td>Total consolidated assets</td><td></td><td>$</td><td>133,189 </td><td></td><td></td><td>$</td><td>125,978</td><td></td></tr></table>
table
12628
monetaryItemType
table: <entity> 12628 </entity> <entity type> monetaryItemType </entity type> <context> Bond & Specialty Insurance | 12,628 | 11,478 </context>
us-gaap:Assets
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(at December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td></tr><tr><td>Asset reconciliation:</td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance</td><td></td><td>$</td><td>98,311 </td><td></td><td></td><td>$</td><td>93,565</td><td></td></tr><tr><td>Bond & Specialty Insurance</td><td></td><td>12,628 </td><td></td><td></td><td>11,478</td><td></td></tr><tr><td>Personal Insurance</td><td></td><td>21,138 </td><td></td><td></td><td>20,072</td><td></td></tr><tr><td>Total assets for reportable segments</td><td></td><td>132,077 </td><td></td><td></td><td>125,115</td><td></td></tr><tr><td>Other assets (1) Other assets (1)</td><td></td><td>1,112 </td><td></td><td></td><td>863</td><td></td></tr><tr><td>Total consolidated assets</td><td></td><td>$</td><td>133,189 </td><td></td><td></td><td>$</td><td>125,978</td><td></td></tr></table>
table
11478
monetaryItemType
table: <entity> 11478 </entity> <entity type> monetaryItemType </entity type> <context> Bond & Specialty Insurance | 12,628 | 11,478 </context>
us-gaap:Assets
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(at December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td></tr><tr><td>Asset reconciliation:</td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance</td><td></td><td>$</td><td>98,311 </td><td></td><td></td><td>$</td><td>93,565</td><td></td></tr><tr><td>Bond & Specialty Insurance</td><td></td><td>12,628 </td><td></td><td></td><td>11,478</td><td></td></tr><tr><td>Personal Insurance</td><td></td><td>21,138 </td><td></td><td></td><td>20,072</td><td></td></tr><tr><td>Total assets for reportable segments</td><td></td><td>132,077 </td><td></td><td></td><td>125,115</td><td></td></tr><tr><td>Other assets (1) Other assets (1)</td><td></td><td>1,112 </td><td></td><td></td><td>863</td><td></td></tr><tr><td>Total consolidated assets</td><td></td><td>$</td><td>133,189 </td><td></td><td></td><td>$</td><td>125,978</td><td></td></tr></table>
table
21138
monetaryItemType
table: <entity> 21138 </entity> <entity type> monetaryItemType </entity type> <context> Personal Insurance | 21,138 | 20,072 </context>
us-gaap:Assets
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(at December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td></tr><tr><td>Asset reconciliation:</td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance</td><td></td><td>$</td><td>98,311 </td><td></td><td></td><td>$</td><td>93,565</td><td></td></tr><tr><td>Bond & Specialty Insurance</td><td></td><td>12,628 </td><td></td><td></td><td>11,478</td><td></td></tr><tr><td>Personal Insurance</td><td></td><td>21,138 </td><td></td><td></td><td>20,072</td><td></td></tr><tr><td>Total assets for reportable segments</td><td></td><td>132,077 </td><td></td><td></td><td>125,115</td><td></td></tr><tr><td>Other assets (1) Other assets (1)</td><td></td><td>1,112 </td><td></td><td></td><td>863</td><td></td></tr><tr><td>Total consolidated assets</td><td></td><td>$</td><td>133,189 </td><td></td><td></td><td>$</td><td>125,978</td><td></td></tr></table>
table
20072
monetaryItemType
table: <entity> 20072 </entity> <entity type> monetaryItemType </entity type> <context> Personal Insurance | 21,138 | 20,072 </context>
us-gaap:Assets
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(at December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td></tr><tr><td>Asset reconciliation:</td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance</td><td></td><td>$</td><td>98,311 </td><td></td><td></td><td>$</td><td>93,565</td><td></td></tr><tr><td>Bond & Specialty Insurance</td><td></td><td>12,628 </td><td></td><td></td><td>11,478</td><td></td></tr><tr><td>Personal Insurance</td><td></td><td>21,138 </td><td></td><td></td><td>20,072</td><td></td></tr><tr><td>Total assets for reportable segments</td><td></td><td>132,077 </td><td></td><td></td><td>125,115</td><td></td></tr><tr><td>Other assets (1) Other assets (1)</td><td></td><td>1,112 </td><td></td><td></td><td>863</td><td></td></tr><tr><td>Total consolidated assets</td><td></td><td>$</td><td>133,189 </td><td></td><td></td><td>$</td><td>125,978</td><td></td></tr></table>
table
132077
monetaryItemType
table: <entity> 132077 </entity> <entity type> monetaryItemType </entity type> <context> Total assets for reportable segments | 132,077 | 125,115 </context>
us-gaap:Assets
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(at December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td></tr><tr><td>Asset reconciliation:</td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance</td><td></td><td>$</td><td>98,311 </td><td></td><td></td><td>$</td><td>93,565</td><td></td></tr><tr><td>Bond & Specialty Insurance</td><td></td><td>12,628 </td><td></td><td></td><td>11,478</td><td></td></tr><tr><td>Personal Insurance</td><td></td><td>21,138 </td><td></td><td></td><td>20,072</td><td></td></tr><tr><td>Total assets for reportable segments</td><td></td><td>132,077 </td><td></td><td></td><td>125,115</td><td></td></tr><tr><td>Other assets (1) Other assets (1)</td><td></td><td>1,112 </td><td></td><td></td><td>863</td><td></td></tr><tr><td>Total consolidated assets</td><td></td><td>$</td><td>133,189 </td><td></td><td></td><td>$</td><td>125,978</td><td></td></tr></table>
table
125115
monetaryItemType
table: <entity> 125115 </entity> <entity type> monetaryItemType </entity type> <context> Total assets for reportable segments | 132,077 | 125,115 </context>
us-gaap:Assets
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(at December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td></tr><tr><td>Asset reconciliation:</td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance</td><td></td><td>$</td><td>98,311 </td><td></td><td></td><td>$</td><td>93,565</td><td></td></tr><tr><td>Bond & Specialty Insurance</td><td></td><td>12,628 </td><td></td><td></td><td>11,478</td><td></td></tr><tr><td>Personal Insurance</td><td></td><td>21,138 </td><td></td><td></td><td>20,072</td><td></td></tr><tr><td>Total assets for reportable segments</td><td></td><td>132,077 </td><td></td><td></td><td>125,115</td><td></td></tr><tr><td>Other assets (1) Other assets (1)</td><td></td><td>1,112 </td><td></td><td></td><td>863</td><td></td></tr><tr><td>Total consolidated assets</td><td></td><td>$</td><td>133,189 </td><td></td><td></td><td>$</td><td>125,978</td><td></td></tr></table>
table
1112
monetaryItemType
table: <entity> 1112 </entity> <entity type> monetaryItemType </entity type> <context> Other assets (1) Other assets (1) | 1,112 | 863 </context>
us-gaap:Assets
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(at December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td></tr><tr><td>Asset reconciliation:</td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance</td><td></td><td>$</td><td>98,311 </td><td></td><td></td><td>$</td><td>93,565</td><td></td></tr><tr><td>Bond & Specialty Insurance</td><td></td><td>12,628 </td><td></td><td></td><td>11,478</td><td></td></tr><tr><td>Personal Insurance</td><td></td><td>21,138 </td><td></td><td></td><td>20,072</td><td></td></tr><tr><td>Total assets for reportable segments</td><td></td><td>132,077 </td><td></td><td></td><td>125,115</td><td></td></tr><tr><td>Other assets (1) Other assets (1)</td><td></td><td>1,112 </td><td></td><td></td><td>863</td><td></td></tr><tr><td>Total consolidated assets</td><td></td><td>$</td><td>133,189 </td><td></td><td></td><td>$</td><td>125,978</td><td></td></tr></table>
table
863
monetaryItemType
table: <entity> 863 </entity> <entity type> monetaryItemType </entity type> <context> Other assets (1) Other assets (1) | 1,112 | 863 </context>
us-gaap:Assets
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(at December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td></tr><tr><td>Asset reconciliation:</td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance</td><td></td><td>$</td><td>98,311 </td><td></td><td></td><td>$</td><td>93,565</td><td></td></tr><tr><td>Bond & Specialty Insurance</td><td></td><td>12,628 </td><td></td><td></td><td>11,478</td><td></td></tr><tr><td>Personal Insurance</td><td></td><td>21,138 </td><td></td><td></td><td>20,072</td><td></td></tr><tr><td>Total assets for reportable segments</td><td></td><td>132,077 </td><td></td><td></td><td>125,115</td><td></td></tr><tr><td>Other assets (1) Other assets (1)</td><td></td><td>1,112 </td><td></td><td></td><td>863</td><td></td></tr><tr><td>Total consolidated assets</td><td></td><td>$</td><td>133,189 </td><td></td><td></td><td>$</td><td>125,978</td><td></td></tr></table>
table
133189
monetaryItemType
table: <entity> 133189 </entity> <entity type> monetaryItemType </entity type> <context> Total consolidated assets | $ | 133,189 | $ | 125,978 </context>
us-gaap:Assets
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(at December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td></tr><tr><td>Asset reconciliation:</td><td></td><td></td><td></td><td></td></tr><tr><td>Business Insurance</td><td></td><td>$</td><td>98,311 </td><td></td><td></td><td>$</td><td>93,565</td><td></td></tr><tr><td>Bond & Specialty Insurance</td><td></td><td>12,628 </td><td></td><td></td><td>11,478</td><td></td></tr><tr><td>Personal Insurance</td><td></td><td>21,138 </td><td></td><td></td><td>20,072</td><td></td></tr><tr><td>Total assets for reportable segments</td><td></td><td>132,077 </td><td></td><td></td><td>125,115</td><td></td></tr><tr><td>Other assets (1) Other assets (1)</td><td></td><td>1,112 </td><td></td><td></td><td>863</td><td></td></tr><tr><td>Total consolidated assets</td><td></td><td>$</td><td>133,189 </td><td></td><td></td><td>$</td><td>125,978</td><td></td></tr></table>
table
125978
monetaryItemType
table: <entity> 125978 </entity> <entity type> monetaryItemType </entity type> <context> Total consolidated assets | $ | 133,189 | $ | 125,978 </context>
us-gaap:Assets
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>U.S.</td><td></td><td>$</td><td>43,924 </td><td></td><td></td><td>$</td><td>39,086</td><td></td><td></td><td>$</td><td>34,822</td><td></td></tr><tr><td>Non-U.S.:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Canada</td><td></td><td>1,359 </td><td></td><td></td><td>1,281</td><td></td><td></td><td>1,300</td><td></td></tr><tr><td>Other Non-U.S.</td><td></td><td>1,140 </td><td></td><td></td><td>997</td><td></td><td></td><td>762</td><td></td></tr><tr><td>Total Non-U.S.</td><td></td><td>2,499 </td><td></td><td></td><td>2,278</td><td></td><td></td><td>2,062</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr></table>
table
43924
monetaryItemType
table: <entity> 43924 </entity> <entity type> monetaryItemType </entity type> <context> U.S. | $ | 43,924 | $ | 39,086 | $ | 34,822 </context>
us-gaap:Revenues
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>U.S.</td><td></td><td>$</td><td>43,924 </td><td></td><td></td><td>$</td><td>39,086</td><td></td><td></td><td>$</td><td>34,822</td><td></td></tr><tr><td>Non-U.S.:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Canada</td><td></td><td>1,359 </td><td></td><td></td><td>1,281</td><td></td><td></td><td>1,300</td><td></td></tr><tr><td>Other Non-U.S.</td><td></td><td>1,140 </td><td></td><td></td><td>997</td><td></td><td></td><td>762</td><td></td></tr><tr><td>Total Non-U.S.</td><td></td><td>2,499 </td><td></td><td></td><td>2,278</td><td></td><td></td><td>2,062</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr></table>
table
39086
monetaryItemType
table: <entity> 39086 </entity> <entity type> monetaryItemType </entity type> <context> U.S. | $ | 43,924 | $ | 39,086 | $ | 34,822 </context>
us-gaap:Revenues
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>U.S.</td><td></td><td>$</td><td>43,924 </td><td></td><td></td><td>$</td><td>39,086</td><td></td><td></td><td>$</td><td>34,822</td><td></td></tr><tr><td>Non-U.S.:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Canada</td><td></td><td>1,359 </td><td></td><td></td><td>1,281</td><td></td><td></td><td>1,300</td><td></td></tr><tr><td>Other Non-U.S.</td><td></td><td>1,140 </td><td></td><td></td><td>997</td><td></td><td></td><td>762</td><td></td></tr><tr><td>Total Non-U.S.</td><td></td><td>2,499 </td><td></td><td></td><td>2,278</td><td></td><td></td><td>2,062</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr></table>
table
34822
monetaryItemType
table: <entity> 34822 </entity> <entity type> monetaryItemType </entity type> <context> U.S. | $ | 43,924 | $ | 39,086 | $ | 34,822 </context>
us-gaap:Revenues
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>U.S.</td><td></td><td>$</td><td>43,924 </td><td></td><td></td><td>$</td><td>39,086</td><td></td><td></td><td>$</td><td>34,822</td><td></td></tr><tr><td>Non-U.S.:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Canada</td><td></td><td>1,359 </td><td></td><td></td><td>1,281</td><td></td><td></td><td>1,300</td><td></td></tr><tr><td>Other Non-U.S.</td><td></td><td>1,140 </td><td></td><td></td><td>997</td><td></td><td></td><td>762</td><td></td></tr><tr><td>Total Non-U.S.</td><td></td><td>2,499 </td><td></td><td></td><td>2,278</td><td></td><td></td><td>2,062</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr></table>
table
1359
monetaryItemType
table: <entity> 1359 </entity> <entity type> monetaryItemType </entity type> <context> Canada | 1,359 | 1,281 | 1,300 </context>
us-gaap:Revenues
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>U.S.</td><td></td><td>$</td><td>43,924 </td><td></td><td></td><td>$</td><td>39,086</td><td></td><td></td><td>$</td><td>34,822</td><td></td></tr><tr><td>Non-U.S.:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Canada</td><td></td><td>1,359 </td><td></td><td></td><td>1,281</td><td></td><td></td><td>1,300</td><td></td></tr><tr><td>Other Non-U.S.</td><td></td><td>1,140 </td><td></td><td></td><td>997</td><td></td><td></td><td>762</td><td></td></tr><tr><td>Total Non-U.S.</td><td></td><td>2,499 </td><td></td><td></td><td>2,278</td><td></td><td></td><td>2,062</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr></table>
table
1281
monetaryItemType
table: <entity> 1281 </entity> <entity type> monetaryItemType </entity type> <context> Canada | 1,359 | 1,281 | 1,300 </context>
us-gaap:Revenues
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>U.S.</td><td></td><td>$</td><td>43,924 </td><td></td><td></td><td>$</td><td>39,086</td><td></td><td></td><td>$</td><td>34,822</td><td></td></tr><tr><td>Non-U.S.:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Canada</td><td></td><td>1,359 </td><td></td><td></td><td>1,281</td><td></td><td></td><td>1,300</td><td></td></tr><tr><td>Other Non-U.S.</td><td></td><td>1,140 </td><td></td><td></td><td>997</td><td></td><td></td><td>762</td><td></td></tr><tr><td>Total Non-U.S.</td><td></td><td>2,499 </td><td></td><td></td><td>2,278</td><td></td><td></td><td>2,062</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr></table>
table
1300
monetaryItemType
table: <entity> 1300 </entity> <entity type> monetaryItemType </entity type> <context> Canada | 1,359 | 1,281 | 1,300 </context>
us-gaap:Revenues
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>U.S.</td><td></td><td>$</td><td>43,924 </td><td></td><td></td><td>$</td><td>39,086</td><td></td><td></td><td>$</td><td>34,822</td><td></td></tr><tr><td>Non-U.S.:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Canada</td><td></td><td>1,359 </td><td></td><td></td><td>1,281</td><td></td><td></td><td>1,300</td><td></td></tr><tr><td>Other Non-U.S.</td><td></td><td>1,140 </td><td></td><td></td><td>997</td><td></td><td></td><td>762</td><td></td></tr><tr><td>Total Non-U.S.</td><td></td><td>2,499 </td><td></td><td></td><td>2,278</td><td></td><td></td><td>2,062</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr></table>
table
1140
monetaryItemType
table: <entity> 1140 </entity> <entity type> monetaryItemType </entity type> <context> Other Non-U.S. | 1,140 | 997 | 762 </context>
us-gaap:Revenues
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>U.S.</td><td></td><td>$</td><td>43,924 </td><td></td><td></td><td>$</td><td>39,086</td><td></td><td></td><td>$</td><td>34,822</td><td></td></tr><tr><td>Non-U.S.:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Canada</td><td></td><td>1,359 </td><td></td><td></td><td>1,281</td><td></td><td></td><td>1,300</td><td></td></tr><tr><td>Other Non-U.S.</td><td></td><td>1,140 </td><td></td><td></td><td>997</td><td></td><td></td><td>762</td><td></td></tr><tr><td>Total Non-U.S.</td><td></td><td>2,499 </td><td></td><td></td><td>2,278</td><td></td><td></td><td>2,062</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr></table>
table
997
monetaryItemType
table: <entity> 997 </entity> <entity type> monetaryItemType </entity type> <context> Other Non-U.S. | 1,140 | 997 | 762 </context>
us-gaap:Revenues
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>U.S.</td><td></td><td>$</td><td>43,924 </td><td></td><td></td><td>$</td><td>39,086</td><td></td><td></td><td>$</td><td>34,822</td><td></td></tr><tr><td>Non-U.S.:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Canada</td><td></td><td>1,359 </td><td></td><td></td><td>1,281</td><td></td><td></td><td>1,300</td><td></td></tr><tr><td>Other Non-U.S.</td><td></td><td>1,140 </td><td></td><td></td><td>997</td><td></td><td></td><td>762</td><td></td></tr><tr><td>Total Non-U.S.</td><td></td><td>2,499 </td><td></td><td></td><td>2,278</td><td></td><td></td><td>2,062</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr></table>
table
762
monetaryItemType
table: <entity> 762 </entity> <entity type> monetaryItemType </entity type> <context> Other Non-U.S. | 1,140 | 997 | 762 </context>
us-gaap:Revenues
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>U.S.</td><td></td><td>$</td><td>43,924 </td><td></td><td></td><td>$</td><td>39,086</td><td></td><td></td><td>$</td><td>34,822</td><td></td></tr><tr><td>Non-U.S.:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Canada</td><td></td><td>1,359 </td><td></td><td></td><td>1,281</td><td></td><td></td><td>1,300</td><td></td></tr><tr><td>Other Non-U.S.</td><td></td><td>1,140 </td><td></td><td></td><td>997</td><td></td><td></td><td>762</td><td></td></tr><tr><td>Total Non-U.S.</td><td></td><td>2,499 </td><td></td><td></td><td>2,278</td><td></td><td></td><td>2,062</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr></table>
table
2499
monetaryItemType
table: <entity> 2499 </entity> <entity type> monetaryItemType </entity type> <context> Total Non-U.S. | 2,499 | 2,278 | 2,062 </context>
us-gaap:Revenues
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>U.S.</td><td></td><td>$</td><td>43,924 </td><td></td><td></td><td>$</td><td>39,086</td><td></td><td></td><td>$</td><td>34,822</td><td></td></tr><tr><td>Non-U.S.:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Canada</td><td></td><td>1,359 </td><td></td><td></td><td>1,281</td><td></td><td></td><td>1,300</td><td></td></tr><tr><td>Other Non-U.S.</td><td></td><td>1,140 </td><td></td><td></td><td>997</td><td></td><td></td><td>762</td><td></td></tr><tr><td>Total Non-U.S.</td><td></td><td>2,499 </td><td></td><td></td><td>2,278</td><td></td><td></td><td>2,062</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr></table>
table
2278
monetaryItemType
table: <entity> 2278 </entity> <entity type> monetaryItemType </entity type> <context> Total Non-U.S. | 2,499 | 2,278 | 2,062 </context>
us-gaap:Revenues
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>U.S.</td><td></td><td>$</td><td>43,924 </td><td></td><td></td><td>$</td><td>39,086</td><td></td><td></td><td>$</td><td>34,822</td><td></td></tr><tr><td>Non-U.S.:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Canada</td><td></td><td>1,359 </td><td></td><td></td><td>1,281</td><td></td><td></td><td>1,300</td><td></td></tr><tr><td>Other Non-U.S.</td><td></td><td>1,140 </td><td></td><td></td><td>997</td><td></td><td></td><td>762</td><td></td></tr><tr><td>Total Non-U.S.</td><td></td><td>2,499 </td><td></td><td></td><td>2,278</td><td></td><td></td><td>2,062</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr></table>
table
2062
monetaryItemType
table: <entity> 2062 </entity> <entity type> monetaryItemType </entity type> <context> Total Non-U.S. | 2,499 | 2,278 | 2,062 </context>
us-gaap:Revenues
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>U.S.</td><td></td><td>$</td><td>43,924 </td><td></td><td></td><td>$</td><td>39,086</td><td></td><td></td><td>$</td><td>34,822</td><td></td></tr><tr><td>Non-U.S.:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Canada</td><td></td><td>1,359 </td><td></td><td></td><td>1,281</td><td></td><td></td><td>1,300</td><td></td></tr><tr><td>Other Non-U.S.</td><td></td><td>1,140 </td><td></td><td></td><td>997</td><td></td><td></td><td>762</td><td></td></tr><tr><td>Total Non-U.S.</td><td></td><td>2,499 </td><td></td><td></td><td>2,278</td><td></td><td></td><td>2,062</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr></table>
table
46423
monetaryItemType
table: <entity> 46423 </entity> <entity type> monetaryItemType </entity type> <context> Total revenues | $ | 46,423 | $ | 41,364 | $ | 36,884 </context>
us-gaap:Revenues
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>U.S.</td><td></td><td>$</td><td>43,924 </td><td></td><td></td><td>$</td><td>39,086</td><td></td><td></td><td>$</td><td>34,822</td><td></td></tr><tr><td>Non-U.S.:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Canada</td><td></td><td>1,359 </td><td></td><td></td><td>1,281</td><td></td><td></td><td>1,300</td><td></td></tr><tr><td>Other Non-U.S.</td><td></td><td>1,140 </td><td></td><td></td><td>997</td><td></td><td></td><td>762</td><td></td></tr><tr><td>Total Non-U.S.</td><td></td><td>2,499 </td><td></td><td></td><td>2,278</td><td></td><td></td><td>2,062</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr></table>
table
41364
monetaryItemType
table: <entity> 41364 </entity> <entity type> monetaryItemType </entity type> <context> Total revenues | $ | 46,423 | $ | 41,364 | $ | 36,884 </context>
us-gaap:Revenues
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>(for the year ended December 31, in millions)</td><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td>U.S.</td><td></td><td>$</td><td>43,924 </td><td></td><td></td><td>$</td><td>39,086</td><td></td><td></td><td>$</td><td>34,822</td><td></td></tr><tr><td>Non-U.S.:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Canada</td><td></td><td>1,359 </td><td></td><td></td><td>1,281</td><td></td><td></td><td>1,300</td><td></td></tr><tr><td>Other Non-U.S.</td><td></td><td>1,140 </td><td></td><td></td><td>997</td><td></td><td></td><td>762</td><td></td></tr><tr><td>Total Non-U.S.</td><td></td><td>2,499 </td><td></td><td></td><td>2,278</td><td></td><td></td><td>2,062</td><td></td></tr><tr><td>Total revenues</td><td></td><td>$</td><td>46,423 </td><td></td><td></td><td>$</td><td>41,364</td><td></td><td></td><td>$</td><td>36,884</td><td></td></tr></table>
table
36884
monetaryItemType
table: <entity> 36884 </entity> <entity type> monetaryItemType </entity type> <context> Total revenues | $ | 46,423 | $ | 41,364 | $ | 36,884 </context>
us-gaap:Revenues
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
5735
monetaryItemType
table: <entity> 5735 </entity> <entity type> monetaryItemType </entity type> <context> U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities | $ | 5,735 | $ | — | $ | 4 | $ | 169 | $ | 5,570 </context>
us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
—
monetaryItemType
table: <entity> — </entity> <entity type> monetaryItemType </entity type> <context> U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities | $ | 5,735 | $ | — | $ | 4 | $ | 169 | $ | 5,570 </context>
us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
4
monetaryItemType
table: <entity> 4 </entity> <entity type> monetaryItemType </entity type> <context> U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities | $ | 5,735 | $ | — | $ | 4 | $ | 169 | $ | 5,570 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
169
monetaryItemType
table: <entity> 169 </entity> <entity type> monetaryItemType </entity type> <context> U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities | $ | 5,735 | $ | — | $ | 4 | $ | 169 | $ | 5,570 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
5570
monetaryItemType
table: <entity> 5570 </entity> <entity type> monetaryItemType </entity type> <context> U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities | $ | 5,735 | $ | — | $ | 4 | $ | 169 | $ | 5,570 </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
18604
monetaryItemType
table: <entity> 18604 </entity> <entity type> monetaryItemType </entity type> <context> Local general obligation | 18,604 | — | 23 | 1,604 | 17,023 </context>
us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
23
monetaryItemType
table: <entity> 23 </entity> <entity type> monetaryItemType </entity type> <context> Local general obligation | 18,604 | — | 23 | 1,604 | 17,023 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
1604
monetaryItemType
table: <entity> 1604 </entity> <entity type> monetaryItemType </entity type> <context> Local general obligation | 18,604 | — | 23 | 1,604 | 17,023 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
17023
monetaryItemType
table: <entity> 17023 </entity> <entity type> monetaryItemType </entity type> <context> Local general obligation | 18,604 | — | 23 | 1,604 | 17,023 </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
9268
monetaryItemType
table: <entity> 9268 </entity> <entity type> monetaryItemType </entity type> <context> Revenue | 9,268 | — | 16 | 704 | 8,580 </context>
us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
16
monetaryItemType
table: <entity> 16 </entity> <entity type> monetaryItemType </entity type> <context> Revenue | 9,268 | — | 16 | 704 | 8,580 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
704
monetaryItemType
table: <entity> 704 </entity> <entity type> monetaryItemType </entity type> <context> Revenue | 9,268 | — | 16 | 704 | 8,580 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
8580
monetaryItemType
table: <entity> 8580 </entity> <entity type> monetaryItemType </entity type> <context> Revenue | 9,268 | — | 16 | 704 | 8,580 </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
1081
monetaryItemType
table: <entity> 1081 </entity> <entity type> monetaryItemType </entity type> <context> State general obligation | 1,081 | — | 2 | 73 | 1,010 </context>
us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
2
monetaryItemType
table: <entity> 2 </entity> <entity type> monetaryItemType </entity type> <context> State general obligation | 1,081 | — | 2 | 73 | 1,010 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
73
monetaryItemType
table: <entity> 73 </entity> <entity type> monetaryItemType </entity type> <context> State general obligation | 1,081 | — | 2 | 73 | 1,010 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
1010
monetaryItemType
table: <entity> 1010 </entity> <entity type> monetaryItemType </entity type> <context> State general obligation | 1,081 | — | 2 | 73 | 1,010 </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
573
monetaryItemType
table: <entity> 573 </entity> <entity type> monetaryItemType </entity type> <context> Pre-refunded | 573 | — | 2 | 3 | 572 </context>
us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
3
monetaryItemType
table: <entity> 3 </entity> <entity type> monetaryItemType </entity type> <context> Pre-refunded | 573 | — | 2 | 3 | 572 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
572
monetaryItemType
table: <entity> 572 </entity> <entity type> monetaryItemType </entity type> <context> Pre-refunded | 573 | — | 2 | 3 | 572 </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
29526
monetaryItemType
table: <entity> 29526 </entity> <entity type> monetaryItemType </entity type> <context> Total obligations of U.S. states, municipalities and political subdivisions | 29,526 | — | 43 | 2,384 | 27,185 </context>
us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
43
monetaryItemType
table: <entity> 43 </entity> <entity type> monetaryItemType </entity type> <context> Total obligations of U.S. states, municipalities and political subdivisions | 29,526 | — | 43 | 2,384 | 27,185 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
2384
monetaryItemType
table: <entity> 2384 </entity> <entity type> monetaryItemType </entity type> <context> Total obligations of U.S. states, municipalities and political subdivisions | 29,526 | — | 43 | 2,384 | 27,185 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
27185
monetaryItemType
table: <entity> 27185 </entity> <entity type> monetaryItemType </entity type> <context> Total obligations of U.S. states, municipalities and political subdivisions | 29,526 | — | 43 | 2,384 | 27,185 </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
917
monetaryItemType
table: <entity> 917 </entity> <entity type> monetaryItemType </entity type> <context> Debt securities issued by foreign governments | 917 | — | 5 | 13 | 909 </context>
us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
5
monetaryItemType
table: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> Debt securities issued by foreign governments | 917 | — | 5 | 13 | 909 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
13
monetaryItemType
table: <entity> 13 </entity> <entity type> monetaryItemType </entity type> <context> Debt securities issued by foreign governments | 917 | — | 5 | 13 | 909 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
909
monetaryItemType
table: <entity> 909 </entity> <entity type> monetaryItemType </entity type> <context> Debt securities issued by foreign governments | 917 | — | 5 | 13 | 909 </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
12888
monetaryItemType
table: <entity> 12888 </entity> <entity type> monetaryItemType </entity type> <context> Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities | 12,888 | — | 53 | 336 | 12,605 </context>
us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
53
monetaryItemType
table: <entity> 53 </entity> <entity type> monetaryItemType </entity type> <context> Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities | 12,888 | — | 53 | 336 | 12,605 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
336
monetaryItemType
table: <entity> 336 </entity> <entity type> monetaryItemType </entity type> <context> Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities | 12,888 | — | 53 | 336 | 12,605 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
12605
monetaryItemType
table: <entity> 12605 </entity> <entity type> monetaryItemType </entity type> <context> Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities | 12,888 | — | 53 | 336 | 12,605 </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
39211
monetaryItemType
table: <entity> 39211 </entity> <entity type> monetaryItemType </entity type> <context> Corporate and all other bonds | 39,211 | 2 | 118 | 1,930 | 37,397 </context>
us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
2
monetaryItemType
table: <entity> 2 </entity> <entity type> monetaryItemType </entity type> <context> State general obligation | 1,081 | — | 2 | 73 | 1,010 </context>
us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
118
monetaryItemType
table: <entity> 118 </entity> <entity type> monetaryItemType </entity type> <context> Corporate and all other bonds | 39,211 | 2 | 118 | 1,930 | 37,397 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
1930
monetaryItemType
table: <entity> 1930 </entity> <entity type> monetaryItemType </entity type> <context> Corporate and all other bonds | 39,211 | 2 | 118 | 1,930 | 37,397 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
37397
monetaryItemType
table: <entity> 37397 </entity> <entity type> monetaryItemType </entity type> <context> Corporate and all other bonds | 39,211 | 2 | 118 | 1,930 | 37,397 </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
88277
monetaryItemType
table: <entity> 88277 </entity> <entity type> monetaryItemType </entity type> <context> Total | $ | 88,277 | $ | 2 | $ | 223 | $ | 4,832 | $ | 83,666 </context>
us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
223
monetaryItemType
table: <entity> 223 </entity> <entity type> monetaryItemType </entity type> <context> Total | $ | 88,277 | $ | 2 | $ | 223 | $ | 4,832 | $ | 83,666 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
4832
monetaryItemType
table: <entity> 4832 </entity> <entity type> monetaryItemType </entity type> <context> Total | $ | 88,277 | $ | 2 | $ | 223 | $ | 4,832 | $ | 83,666 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2024, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>5,735 </td><td></td><td></td><td>$</td><td>— </td><td></td><td></td><td>$</td><td>4 </td><td></td><td></td><td>$</td><td>169 </td><td></td><td></td><td>$</td><td>5,570 </td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,604 </td><td></td><td></td><td>— </td><td></td><td></td><td>23 </td><td></td><td></td><td>1,604 </td><td></td><td></td><td>17,023 </td><td></td></tr><tr><td>Revenue</td><td></td><td>9,268 </td><td></td><td></td><td>— </td><td></td><td></td><td>16 </td><td></td><td></td><td>704 </td><td></td><td></td><td>8,580 </td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,081 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>73 </td><td></td><td></td><td>1,010 </td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>573 </td><td></td><td></td><td>— </td><td></td><td></td><td>2 </td><td></td><td></td><td>3 </td><td></td><td></td><td>572 </td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>29,526 </td><td></td><td></td><td>— </td><td></td><td></td><td>43 </td><td></td><td></td><td>2,384 </td><td></td><td></td><td>27,185 </td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>917 </td><td></td><td></td><td>— </td><td></td><td></td><td>5 </td><td></td><td></td><td>13 </td><td></td><td></td><td>909 </td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>12,888 </td><td></td><td></td><td>— </td><td></td><td></td><td>53 </td><td></td><td></td><td>336 </td><td></td><td></td><td>12,605 </td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>39,211 </td><td></td><td></td><td>2 </td><td></td><td></td><td>118 </td><td></td><td></td><td>1,930 </td><td></td><td></td><td>37,397 </td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>88,277 </td><td></td><td></td><td>$</td><td>2 </td><td></td><td></td><td>$</td><td>223 </td><td></td><td></td><td>$</td><td>4,832 </td><td></td><td></td><td>$</td><td>83,666 </td><td></td></tr></table>
table
83666
monetaryItemType
table: <entity> 83666 </entity> <entity type> monetaryItemType </entity type> <context> Total | $ | 88,277 | $ | 2 | $ | 223 | $ | 4,832 | $ | 83,666 </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2023, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>6,591</td><td></td><td></td><td>$</td><td>—</td><td></td><td></td><td>$</td><td>8</td><td></td><td></td><td>$</td><td>231</td><td></td><td></td><td>$</td><td>6,368</td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,374</td><td></td><td></td><td>—</td><td></td><td></td><td>90</td><td></td><td></td><td>1,265</td><td></td><td></td><td>17,199</td><td></td></tr><tr><td>Revenue</td><td></td><td>9,748</td><td></td><td></td><td>—</td><td></td><td></td><td>52</td><td></td><td></td><td>616</td><td></td><td></td><td>9,184</td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,209</td><td></td><td></td><td>—</td><td></td><td></td><td>7</td><td></td><td></td><td>59</td><td></td><td></td><td>1,157</td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>963</td><td></td><td></td><td>—</td><td></td><td></td><td>5</td><td></td><td></td><td>2</td><td></td><td></td><td>966</td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>30,294</td><td></td><td></td><td>—</td><td></td><td></td><td>154</td><td></td><td></td><td>1,942</td><td></td><td></td><td>28,506</td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>1,035</td><td></td><td></td><td>—</td><td></td><td></td><td>2</td><td></td><td></td><td>31</td><td></td><td></td><td>1,006</td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>7,874</td><td></td><td></td><td>—</td><td></td><td></td><td>120</td><td></td><td></td><td>176</td><td></td><td></td><td>7,818</td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>35,987</td><td></td><td></td><td>5</td><td></td><td></td><td>187</td><td></td><td></td><td>2,060</td><td></td><td></td><td>34,109</td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>81,781</td><td></td><td></td><td>$</td><td>5</td><td></td><td></td><td>$</td><td>471</td><td></td><td></td><td>$</td><td>4,440</td><td></td><td></td><td>$</td><td>77,807</td><td></td></tr></table>
table
6591
monetaryItemType
table: <entity> 6591 </entity> <entity type> monetaryItemType </entity type> <context> U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities | $ | 6,591 | $ | — | $ | 8 | $ | 231 | $ | 6,368 </context>
us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2023, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>6,591</td><td></td><td></td><td>$</td><td>—</td><td></td><td></td><td>$</td><td>8</td><td></td><td></td><td>$</td><td>231</td><td></td><td></td><td>$</td><td>6,368</td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,374</td><td></td><td></td><td>—</td><td></td><td></td><td>90</td><td></td><td></td><td>1,265</td><td></td><td></td><td>17,199</td><td></td></tr><tr><td>Revenue</td><td></td><td>9,748</td><td></td><td></td><td>—</td><td></td><td></td><td>52</td><td></td><td></td><td>616</td><td></td><td></td><td>9,184</td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,209</td><td></td><td></td><td>—</td><td></td><td></td><td>7</td><td></td><td></td><td>59</td><td></td><td></td><td>1,157</td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>963</td><td></td><td></td><td>—</td><td></td><td></td><td>5</td><td></td><td></td><td>2</td><td></td><td></td><td>966</td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>30,294</td><td></td><td></td><td>—</td><td></td><td></td><td>154</td><td></td><td></td><td>1,942</td><td></td><td></td><td>28,506</td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>1,035</td><td></td><td></td><td>—</td><td></td><td></td><td>2</td><td></td><td></td><td>31</td><td></td><td></td><td>1,006</td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>7,874</td><td></td><td></td><td>—</td><td></td><td></td><td>120</td><td></td><td></td><td>176</td><td></td><td></td><td>7,818</td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>35,987</td><td></td><td></td><td>5</td><td></td><td></td><td>187</td><td></td><td></td><td>2,060</td><td></td><td></td><td>34,109</td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>81,781</td><td></td><td></td><td>$</td><td>5</td><td></td><td></td><td>$</td><td>471</td><td></td><td></td><td>$</td><td>4,440</td><td></td><td></td><td>$</td><td>77,807</td><td></td></tr></table>
table
—
monetaryItemType
table: <entity> — </entity> <entity type> monetaryItemType </entity type> <context> U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities | $ | 6,591 | $ | — | $ | 8 | $ | 231 | $ | 6,368 </context>
us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2023, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>6,591</td><td></td><td></td><td>$</td><td>—</td><td></td><td></td><td>$</td><td>8</td><td></td><td></td><td>$</td><td>231</td><td></td><td></td><td>$</td><td>6,368</td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,374</td><td></td><td></td><td>—</td><td></td><td></td><td>90</td><td></td><td></td><td>1,265</td><td></td><td></td><td>17,199</td><td></td></tr><tr><td>Revenue</td><td></td><td>9,748</td><td></td><td></td><td>—</td><td></td><td></td><td>52</td><td></td><td></td><td>616</td><td></td><td></td><td>9,184</td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,209</td><td></td><td></td><td>—</td><td></td><td></td><td>7</td><td></td><td></td><td>59</td><td></td><td></td><td>1,157</td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>963</td><td></td><td></td><td>—</td><td></td><td></td><td>5</td><td></td><td></td><td>2</td><td></td><td></td><td>966</td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>30,294</td><td></td><td></td><td>—</td><td></td><td></td><td>154</td><td></td><td></td><td>1,942</td><td></td><td></td><td>28,506</td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>1,035</td><td></td><td></td><td>—</td><td></td><td></td><td>2</td><td></td><td></td><td>31</td><td></td><td></td><td>1,006</td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>7,874</td><td></td><td></td><td>—</td><td></td><td></td><td>120</td><td></td><td></td><td>176</td><td></td><td></td><td>7,818</td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>35,987</td><td></td><td></td><td>5</td><td></td><td></td><td>187</td><td></td><td></td><td>2,060</td><td></td><td></td><td>34,109</td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>81,781</td><td></td><td></td><td>$</td><td>5</td><td></td><td></td><td>$</td><td>471</td><td></td><td></td><td>$</td><td>4,440</td><td></td><td></td><td>$</td><td>77,807</td><td></td></tr></table>
table
8
monetaryItemType
table: <entity> 8 </entity> <entity type> monetaryItemType </entity type> <context> U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities | $ | 6,591 | $ | — | $ | 8 | $ | 231 | $ | 6,368 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2023, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>6,591</td><td></td><td></td><td>$</td><td>—</td><td></td><td></td><td>$</td><td>8</td><td></td><td></td><td>$</td><td>231</td><td></td><td></td><td>$</td><td>6,368</td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,374</td><td></td><td></td><td>—</td><td></td><td></td><td>90</td><td></td><td></td><td>1,265</td><td></td><td></td><td>17,199</td><td></td></tr><tr><td>Revenue</td><td></td><td>9,748</td><td></td><td></td><td>—</td><td></td><td></td><td>52</td><td></td><td></td><td>616</td><td></td><td></td><td>9,184</td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,209</td><td></td><td></td><td>—</td><td></td><td></td><td>7</td><td></td><td></td><td>59</td><td></td><td></td><td>1,157</td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>963</td><td></td><td></td><td>—</td><td></td><td></td><td>5</td><td></td><td></td><td>2</td><td></td><td></td><td>966</td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>30,294</td><td></td><td></td><td>—</td><td></td><td></td><td>154</td><td></td><td></td><td>1,942</td><td></td><td></td><td>28,506</td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>1,035</td><td></td><td></td><td>—</td><td></td><td></td><td>2</td><td></td><td></td><td>31</td><td></td><td></td><td>1,006</td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>7,874</td><td></td><td></td><td>—</td><td></td><td></td><td>120</td><td></td><td></td><td>176</td><td></td><td></td><td>7,818</td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>35,987</td><td></td><td></td><td>5</td><td></td><td></td><td>187</td><td></td><td></td><td>2,060</td><td></td><td></td><td>34,109</td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>81,781</td><td></td><td></td><td>$</td><td>5</td><td></td><td></td><td>$</td><td>471</td><td></td><td></td><td>$</td><td>4,440</td><td></td><td></td><td>$</td><td>77,807</td><td></td></tr></table>
table
231
monetaryItemType
table: <entity> 231 </entity> <entity type> monetaryItemType </entity type> <context> U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities | $ | 6,591 | $ | — | $ | 8 | $ | 231 | $ | 6,368 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2023, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>6,591</td><td></td><td></td><td>$</td><td>—</td><td></td><td></td><td>$</td><td>8</td><td></td><td></td><td>$</td><td>231</td><td></td><td></td><td>$</td><td>6,368</td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,374</td><td></td><td></td><td>—</td><td></td><td></td><td>90</td><td></td><td></td><td>1,265</td><td></td><td></td><td>17,199</td><td></td></tr><tr><td>Revenue</td><td></td><td>9,748</td><td></td><td></td><td>—</td><td></td><td></td><td>52</td><td></td><td></td><td>616</td><td></td><td></td><td>9,184</td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,209</td><td></td><td></td><td>—</td><td></td><td></td><td>7</td><td></td><td></td><td>59</td><td></td><td></td><td>1,157</td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>963</td><td></td><td></td><td>—</td><td></td><td></td><td>5</td><td></td><td></td><td>2</td><td></td><td></td><td>966</td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>30,294</td><td></td><td></td><td>—</td><td></td><td></td><td>154</td><td></td><td></td><td>1,942</td><td></td><td></td><td>28,506</td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>1,035</td><td></td><td></td><td>—</td><td></td><td></td><td>2</td><td></td><td></td><td>31</td><td></td><td></td><td>1,006</td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>7,874</td><td></td><td></td><td>—</td><td></td><td></td><td>120</td><td></td><td></td><td>176</td><td></td><td></td><td>7,818</td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>35,987</td><td></td><td></td><td>5</td><td></td><td></td><td>187</td><td></td><td></td><td>2,060</td><td></td><td></td><td>34,109</td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>81,781</td><td></td><td></td><td>$</td><td>5</td><td></td><td></td><td>$</td><td>471</td><td></td><td></td><td>$</td><td>4,440</td><td></td><td></td><td>$</td><td>77,807</td><td></td></tr></table>
table
6368
monetaryItemType
table: <entity> 6368 </entity> <entity type> monetaryItemType </entity type> <context> U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities | $ | 6,591 | $ | — | $ | 8 | $ | 231 | $ | 6,368 </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2023, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>6,591</td><td></td><td></td><td>$</td><td>—</td><td></td><td></td><td>$</td><td>8</td><td></td><td></td><td>$</td><td>231</td><td></td><td></td><td>$</td><td>6,368</td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,374</td><td></td><td></td><td>—</td><td></td><td></td><td>90</td><td></td><td></td><td>1,265</td><td></td><td></td><td>17,199</td><td></td></tr><tr><td>Revenue</td><td></td><td>9,748</td><td></td><td></td><td>—</td><td></td><td></td><td>52</td><td></td><td></td><td>616</td><td></td><td></td><td>9,184</td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,209</td><td></td><td></td><td>—</td><td></td><td></td><td>7</td><td></td><td></td><td>59</td><td></td><td></td><td>1,157</td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>963</td><td></td><td></td><td>—</td><td></td><td></td><td>5</td><td></td><td></td><td>2</td><td></td><td></td><td>966</td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>30,294</td><td></td><td></td><td>—</td><td></td><td></td><td>154</td><td></td><td></td><td>1,942</td><td></td><td></td><td>28,506</td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>1,035</td><td></td><td></td><td>—</td><td></td><td></td><td>2</td><td></td><td></td><td>31</td><td></td><td></td><td>1,006</td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>7,874</td><td></td><td></td><td>—</td><td></td><td></td><td>120</td><td></td><td></td><td>176</td><td></td><td></td><td>7,818</td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>35,987</td><td></td><td></td><td>5</td><td></td><td></td><td>187</td><td></td><td></td><td>2,060</td><td></td><td></td><td>34,109</td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>81,781</td><td></td><td></td><td>$</td><td>5</td><td></td><td></td><td>$</td><td>471</td><td></td><td></td><td>$</td><td>4,440</td><td></td><td></td><td>$</td><td>77,807</td><td></td></tr></table>
table
18374
monetaryItemType
table: <entity> 18374 </entity> <entity type> monetaryItemType </entity type> <context> Local general obligation | 18,374 | — | 90 | 1,265 | 17,199 </context>
us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2023, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>6,591</td><td></td><td></td><td>$</td><td>—</td><td></td><td></td><td>$</td><td>8</td><td></td><td></td><td>$</td><td>231</td><td></td><td></td><td>$</td><td>6,368</td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,374</td><td></td><td></td><td>—</td><td></td><td></td><td>90</td><td></td><td></td><td>1,265</td><td></td><td></td><td>17,199</td><td></td></tr><tr><td>Revenue</td><td></td><td>9,748</td><td></td><td></td><td>—</td><td></td><td></td><td>52</td><td></td><td></td><td>616</td><td></td><td></td><td>9,184</td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,209</td><td></td><td></td><td>—</td><td></td><td></td><td>7</td><td></td><td></td><td>59</td><td></td><td></td><td>1,157</td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>963</td><td></td><td></td><td>—</td><td></td><td></td><td>5</td><td></td><td></td><td>2</td><td></td><td></td><td>966</td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>30,294</td><td></td><td></td><td>—</td><td></td><td></td><td>154</td><td></td><td></td><td>1,942</td><td></td><td></td><td>28,506</td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>1,035</td><td></td><td></td><td>—</td><td></td><td></td><td>2</td><td></td><td></td><td>31</td><td></td><td></td><td>1,006</td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>7,874</td><td></td><td></td><td>—</td><td></td><td></td><td>120</td><td></td><td></td><td>176</td><td></td><td></td><td>7,818</td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>35,987</td><td></td><td></td><td>5</td><td></td><td></td><td>187</td><td></td><td></td><td>2,060</td><td></td><td></td><td>34,109</td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>81,781</td><td></td><td></td><td>$</td><td>5</td><td></td><td></td><td>$</td><td>471</td><td></td><td></td><td>$</td><td>4,440</td><td></td><td></td><td>$</td><td>77,807</td><td></td></tr></table>
table
90
monetaryItemType
table: <entity> 90 </entity> <entity type> monetaryItemType </entity type> <context> Local general obligation | 18,374 | — | 90 | 1,265 | 17,199 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2023, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>6,591</td><td></td><td></td><td>$</td><td>—</td><td></td><td></td><td>$</td><td>8</td><td></td><td></td><td>$</td><td>231</td><td></td><td></td><td>$</td><td>6,368</td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,374</td><td></td><td></td><td>—</td><td></td><td></td><td>90</td><td></td><td></td><td>1,265</td><td></td><td></td><td>17,199</td><td></td></tr><tr><td>Revenue</td><td></td><td>9,748</td><td></td><td></td><td>—</td><td></td><td></td><td>52</td><td></td><td></td><td>616</td><td></td><td></td><td>9,184</td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,209</td><td></td><td></td><td>—</td><td></td><td></td><td>7</td><td></td><td></td><td>59</td><td></td><td></td><td>1,157</td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>963</td><td></td><td></td><td>—</td><td></td><td></td><td>5</td><td></td><td></td><td>2</td><td></td><td></td><td>966</td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>30,294</td><td></td><td></td><td>—</td><td></td><td></td><td>154</td><td></td><td></td><td>1,942</td><td></td><td></td><td>28,506</td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>1,035</td><td></td><td></td><td>—</td><td></td><td></td><td>2</td><td></td><td></td><td>31</td><td></td><td></td><td>1,006</td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>7,874</td><td></td><td></td><td>—</td><td></td><td></td><td>120</td><td></td><td></td><td>176</td><td></td><td></td><td>7,818</td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>35,987</td><td></td><td></td><td>5</td><td></td><td></td><td>187</td><td></td><td></td><td>2,060</td><td></td><td></td><td>34,109</td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>81,781</td><td></td><td></td><td>$</td><td>5</td><td></td><td></td><td>$</td><td>471</td><td></td><td></td><td>$</td><td>4,440</td><td></td><td></td><td>$</td><td>77,807</td><td></td></tr></table>
table
1265
monetaryItemType
table: <entity> 1265 </entity> <entity type> monetaryItemType </entity type> <context> Local general obligation | 18,374 | — | 90 | 1,265 | 17,199 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2023, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>6,591</td><td></td><td></td><td>$</td><td>—</td><td></td><td></td><td>$</td><td>8</td><td></td><td></td><td>$</td><td>231</td><td></td><td></td><td>$</td><td>6,368</td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,374</td><td></td><td></td><td>—</td><td></td><td></td><td>90</td><td></td><td></td><td>1,265</td><td></td><td></td><td>17,199</td><td></td></tr><tr><td>Revenue</td><td></td><td>9,748</td><td></td><td></td><td>—</td><td></td><td></td><td>52</td><td></td><td></td><td>616</td><td></td><td></td><td>9,184</td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,209</td><td></td><td></td><td>—</td><td></td><td></td><td>7</td><td></td><td></td><td>59</td><td></td><td></td><td>1,157</td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>963</td><td></td><td></td><td>—</td><td></td><td></td><td>5</td><td></td><td></td><td>2</td><td></td><td></td><td>966</td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>30,294</td><td></td><td></td><td>—</td><td></td><td></td><td>154</td><td></td><td></td><td>1,942</td><td></td><td></td><td>28,506</td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>1,035</td><td></td><td></td><td>—</td><td></td><td></td><td>2</td><td></td><td></td><td>31</td><td></td><td></td><td>1,006</td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>7,874</td><td></td><td></td><td>—</td><td></td><td></td><td>120</td><td></td><td></td><td>176</td><td></td><td></td><td>7,818</td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>35,987</td><td></td><td></td><td>5</td><td></td><td></td><td>187</td><td></td><td></td><td>2,060</td><td></td><td></td><td>34,109</td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>81,781</td><td></td><td></td><td>$</td><td>5</td><td></td><td></td><td>$</td><td>471</td><td></td><td></td><td>$</td><td>4,440</td><td></td><td></td><td>$</td><td>77,807</td><td></td></tr></table>
table
17199
monetaryItemType
table: <entity> 17199 </entity> <entity type> monetaryItemType </entity type> <context> Local general obligation | 18,374 | — | 90 | 1,265 | 17,199 </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2023, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>6,591</td><td></td><td></td><td>$</td><td>—</td><td></td><td></td><td>$</td><td>8</td><td></td><td></td><td>$</td><td>231</td><td></td><td></td><td>$</td><td>6,368</td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,374</td><td></td><td></td><td>—</td><td></td><td></td><td>90</td><td></td><td></td><td>1,265</td><td></td><td></td><td>17,199</td><td></td></tr><tr><td>Revenue</td><td></td><td>9,748</td><td></td><td></td><td>—</td><td></td><td></td><td>52</td><td></td><td></td><td>616</td><td></td><td></td><td>9,184</td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,209</td><td></td><td></td><td>—</td><td></td><td></td><td>7</td><td></td><td></td><td>59</td><td></td><td></td><td>1,157</td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>963</td><td></td><td></td><td>—</td><td></td><td></td><td>5</td><td></td><td></td><td>2</td><td></td><td></td><td>966</td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>30,294</td><td></td><td></td><td>—</td><td></td><td></td><td>154</td><td></td><td></td><td>1,942</td><td></td><td></td><td>28,506</td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>1,035</td><td></td><td></td><td>—</td><td></td><td></td><td>2</td><td></td><td></td><td>31</td><td></td><td></td><td>1,006</td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>7,874</td><td></td><td></td><td>—</td><td></td><td></td><td>120</td><td></td><td></td><td>176</td><td></td><td></td><td>7,818</td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>35,987</td><td></td><td></td><td>5</td><td></td><td></td><td>187</td><td></td><td></td><td>2,060</td><td></td><td></td><td>34,109</td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>81,781</td><td></td><td></td><td>$</td><td>5</td><td></td><td></td><td>$</td><td>471</td><td></td><td></td><td>$</td><td>4,440</td><td></td><td></td><td>$</td><td>77,807</td><td></td></tr></table>
table
9748
monetaryItemType
table: <entity> 9748 </entity> <entity type> monetaryItemType </entity type> <context> Revenue | 9,748 | — | 52 | 616 | 9,184 </context>
us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Amortized Cost</td><td></td><td>Allowance for Expected Credit Losses</td><td></td><td>Gross Unrealized</td><td></td><td>Fair Value</td></tr><tr><td>(at December 31, 2023, in millions)</td><td></td><td></td><td></td><td>Gains</td><td></td><td>Losses</td><td></td></tr><tr><td>U.S. Treasury securities and obligations of U.S. government and government agencies and authorities U.S. Treasury securities and obligations of U.S. government and government agencies and authorities</td><td></td><td>$</td><td>6,591</td><td></td><td></td><td>$</td><td>—</td><td></td><td></td><td>$</td><td>8</td><td></td><td></td><td>$</td><td>231</td><td></td><td></td><td>$</td><td>6,368</td><td></td></tr><tr><td>Obligations of U.S. states, municipalities and political subdivisions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Local general obligation</td><td></td><td>18,374</td><td></td><td></td><td>—</td><td></td><td></td><td>90</td><td></td><td></td><td>1,265</td><td></td><td></td><td>17,199</td><td></td></tr><tr><td>Revenue</td><td></td><td>9,748</td><td></td><td></td><td>—</td><td></td><td></td><td>52</td><td></td><td></td><td>616</td><td></td><td></td><td>9,184</td><td></td></tr><tr><td>State general obligation</td><td></td><td>1,209</td><td></td><td></td><td>—</td><td></td><td></td><td>7</td><td></td><td></td><td>59</td><td></td><td></td><td>1,157</td><td></td></tr><tr><td>Pre-refunded</td><td></td><td>963</td><td></td><td></td><td>—</td><td></td><td></td><td>5</td><td></td><td></td><td>2</td><td></td><td></td><td>966</td><td></td></tr><tr><td>Total obligations of U.S. states, municipalities and political subdivisions</td><td></td><td>30,294</td><td></td><td></td><td>—</td><td></td><td></td><td>154</td><td></td><td></td><td>1,942</td><td></td><td></td><td>28,506</td><td></td></tr><tr><td>Debt securities issued by foreign governments</td><td></td><td>1,035</td><td></td><td></td><td>—</td><td></td><td></td><td>2</td><td></td><td></td><td>31</td><td></td><td></td><td>1,006</td><td></td></tr><tr><td>Mortgage-backed securities, collateralized mortgage obligations and pass-through securities Mortgage-backed securities, collateralized mortgage obligations and pass-through securities</td><td></td><td>7,874</td><td></td><td></td><td>—</td><td></td><td></td><td>120</td><td></td><td></td><td>176</td><td></td><td></td><td>7,818</td><td></td></tr><tr><td>Corporate and all other bonds</td><td></td><td>35,987</td><td></td><td></td><td>5</td><td></td><td></td><td>187</td><td></td><td></td><td>2,060</td><td></td><td></td><td>34,109</td><td></td></tr><tr><td>Total</td><td></td><td>$</td><td>81,781</td><td></td><td></td><td>$</td><td>5</td><td></td><td></td><td>$</td><td>471</td><td></td><td></td><td>$</td><td>4,440</td><td></td><td></td><td>$</td><td>77,807</td><td></td></tr></table>
table
52
monetaryItemType
table: <entity> 52 </entity> <entity type> monetaryItemType </entity type> <context> Revenue | 9,748 | — | 52 | 616 | 9,184 </context>
us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax