context stringlengths 21 33.9k | category stringclasses 2
values | entity stringlengths 1 12 | entity_type stringclasses 5
values | query stringlengths 97 3.31k | answer stringlengths 12 169 |
|---|---|---|---|---|---|
or equivalent rating. As of December 31, 2024, the $ 32,158 million of gross unrealized losses of twelve months or more were concentrated in the finance, consumer non-cyclical and utility sectors within corporate securities as well as in foreign government securities. As of December 31, 2023, the $ 26,855 million of gross unrealized losses of twelve months or more were concentrated in the finance, consumer non-cyclical and utility sectors within corporate securities as well as in foreign government securities. | text | 26855 | monetaryItemType | text: <entity> 26855 </entity> <entity type> monetaryItemType </entity type> <context> or equivalent rating. As of December 31, 2024, the $ 32,158 million of gross unrealized losses of twelve months or more were concentrated in the finance, consumer non-cyclical and utility sectors within corporate securities as well as in foreign government securities. As of December 31, 2023, the $ 26,855 million of gross unrealized losses of twelve months or more were concentrated in the finance, consumer non-cyclical and utility sectors within corporate securities as well as in foreign government securities. </context> | us-gaap:DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss |
$ 495 million, $ 440 million and $( 737 ) million during the years ended December 31, 2024, 2023 and 2022, respectively. | text | 495 | monetaryItemType | text: <entity> 495 </entity> <entity type> monetaryItemType </entity type> <context> $ 495 million, $ 440 million and $( 737 ) million during the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:UnrealizedGainLossOnInvestments |
$ 495 million, $ 440 million and $( 737 ) million during the years ended December 31, 2024, 2023 and 2022, respectively. | text | 440 | monetaryItemType | text: <entity> 440 </entity> <entity type> monetaryItemType </entity type> <context> $ 495 million, $ 440 million and $( 737 ) million during the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:UnrealizedGainLossOnInvestments |
$ 495 million, $ 440 million and $( 737 ) million during the years ended December 31, 2024, 2023 and 2022, respectively. | text | 737 | monetaryItemType | text: <entity> 737 </entity> <entity type> monetaryItemType </entity type> <context> $ 495 million, $ 440 million and $( 737 ) million during the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:UnrealizedGainLossOnInvestments |
The net change in unrealized gains (losses) from fixed maturities, trading still held at period end, recorded within “Other income (loss),” was $( 551 ) million, $ 518 million and $( 1,427 ) million during the years ended December 31, 2024, 2023 and 2022, respectively. | text | 551 | monetaryItemType | text: <entity> 551 </entity> <entity type> monetaryItemType </entity type> <context> The net change in unrealized gains (losses) from fixed maturities, trading still held at period end, recorded within “Other income (loss),” was $( 551 ) million, $ 518 million and $( 1,427 ) million during the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:UnrealizedGainLossOnInvestments |
The net change in unrealized gains (losses) from fixed maturities, trading still held at period end, recorded within “Other income (loss),” was $( 551 ) million, $ 518 million and $( 1,427 ) million during the years ended December 31, 2024, 2023 and 2022, respectively. | text | 518 | monetaryItemType | text: <entity> 518 </entity> <entity type> monetaryItemType </entity type> <context> The net change in unrealized gains (losses) from fixed maturities, trading still held at period end, recorded within “Other income (loss),” was $( 551 ) million, $ 518 million and $( 1,427 ) million during the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:UnrealizedGainLossOnInvestments |
The net change in unrealized gains (losses) from fixed maturities, trading still held at period end, recorded within “Other income (loss),” was $( 551 ) million, $ 518 million and $( 1,427 ) million during the years ended December 31, 2024, 2023 and 2022, respectively. | text | 1427 | monetaryItemType | text: <entity> 1427 </entity> <entity type> monetaryItemType </entity type> <context> The net change in unrealized gains (losses) from fixed maturities, trading still held at period end, recorded within “Other income (loss),” was $( 551 ) million, $ 518 million and $( 1,427 ) million during the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:UnrealizedGainLossOnInvestments |
The net change in unrealized gains (losses) from equity securities still held at period end, recorded within “Other income (loss),” was $ 735 million, $ 612 million and $( 914 ) million during the years ended December 31, 2024, 2023 and 2022, respectively. | text | 735 | monetaryItemType | text: <entity> 735 </entity> <entity type> monetaryItemType </entity type> <context> The net change in unrealized gains (losses) from equity securities still held at period end, recorded within “Other income (loss),” was $ 735 million, $ 612 million and $( 914 ) million during the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:UnrealizedGainLossOnInvestments |
The net change in unrealized gains (losses) from equity securities still held at period end, recorded within “Other income (loss),” was $ 735 million, $ 612 million and $( 914 ) million during the years ended December 31, 2024, 2023 and 2022, respectively. | text | 612 | monetaryItemType | text: <entity> 612 </entity> <entity type> monetaryItemType </entity type> <context> The net change in unrealized gains (losses) from equity securities still held at period end, recorded within “Other income (loss),” was $ 735 million, $ 612 million and $( 914 ) million during the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:UnrealizedGainLossOnInvestments |
The net change in unrealized gains (losses) from equity securities still held at period end, recorded within “Other income (loss),” was $ 735 million, $ 612 million and $( 914 ) million during the years ended December 31, 2024, 2023 and 2022, respectively. | text | 914 | monetaryItemType | text: <entity> 914 </entity> <entity type> monetaryItemType </entity type> <context> The net change in unrealized gains (losses) from equity securities still held at period end, recorded within “Other income (loss),” was $ 735 million, $ 612 million and $( 914 ) million during the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:UnrealizedGainLossOnInvestments |
For the year ended December 31, 2024, there were $ 137 million of write-downs charged against the allowance of which $ 132 million was related to a loan originated in 2016 and $ 5 million related to a loan originated in 2015. For the year ended December 31, 2023, there were $ 29 million of write-downs charged against the allowance for credit losses related to a loan originated in 2018. | text | 137 | monetaryItemType | text: <entity> 137 </entity> <entity type> monetaryItemType </entity type> <context> For the year ended December 31, 2024, there were $ 137 million of write-downs charged against the allowance of which $ 132 million was related to a loan originated in 2016 and $ 5 million related to a loan originated in 2015. For the year ended December 31, 2023, there were $ 29 million of write-downs charged against the allowance for credit losses related to a loan originated in 2018. </context> | us-gaap:FinancingReceivableAllowanceForCreditLossesWriteOffs |
For the year ended December 31, 2024, there were $ 137 million of write-downs charged against the allowance of which $ 132 million was related to a loan originated in 2016 and $ 5 million related to a loan originated in 2015. For the year ended December 31, 2023, there were $ 29 million of write-downs charged against the allowance for credit losses related to a loan originated in 2018. | text | 132 | monetaryItemType | text: <entity> 132 </entity> <entity type> monetaryItemType </entity type> <context> For the year ended December 31, 2024, there were $ 137 million of write-downs charged against the allowance of which $ 132 million was related to a loan originated in 2016 and $ 5 million related to a loan originated in 2015. For the year ended December 31, 2023, there were $ 29 million of write-downs charged against the allowance for credit losses related to a loan originated in 2018. </context> | us-gaap:FinancingReceivableAllowanceForCreditLossesWriteOffs |
For the year ended December 31, 2024, there were $ 137 million of write-downs charged against the allowance of which $ 132 million was related to a loan originated in 2016 and $ 5 million related to a loan originated in 2015. For the year ended December 31, 2023, there were $ 29 million of write-downs charged against the allowance for credit losses related to a loan originated in 2018. | text | 5 | monetaryItemType | text: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> For the year ended December 31, 2024, there were $ 137 million of write-downs charged against the allowance of which $ 132 million was related to a loan originated in 2016 and $ 5 million related to a loan originated in 2015. For the year ended December 31, 2023, there were $ 29 million of write-downs charged against the allowance for credit losses related to a loan originated in 2018. </context> | us-gaap:FinancingReceivableAllowanceForCreditLossesWriteOffs |
For the year ended December 31, 2024, there were $ 137 million of write-downs charged against the allowance of which $ 132 million was related to a loan originated in 2016 and $ 5 million related to a loan originated in 2015. For the year ended December 31, 2023, there were $ 29 million of write-downs charged against the allowance for credit losses related to a loan originated in 2018. | text | 29 | monetaryItemType | text: <entity> 29 </entity> <entity type> monetaryItemType </entity type> <context> For the year ended December 31, 2024, there were $ 137 million of write-downs charged against the allowance of which $ 132 million was related to a loan originated in 2016 and $ 5 million related to a loan originated in 2015. For the year ended December 31, 2023, there were $ 29 million of write-downs charged against the allowance for credit losses related to a loan originated in 2018. </context> | us-gaap:FinancingReceivableAllowanceForCreditLossesWriteOffs |
As of December 31, 2024, there were no loans in this category accruing interest. | text | no | monetaryItemType | text: <entity> no </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, there were no loans in this category accruing interest. </context> | us-gaap:DepositLiabilitiesAccruedInterest |
As of December 31, 2023, there were no loans in this category accruing interest. | text | no | monetaryItemType | text: <entity> no </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2023, there were no loans in this category accruing interest. </context> | us-gaap:DepositLiabilitiesAccruedInterest |
Loans on non-accrual status recognized interest of $ 16 million and $ 3 million for the years ended December 31, 2024 and | text | 16 | monetaryItemType | text: <entity> 16 </entity> <entity type> monetaryItemType </entity type> <context> Loans on non-accrual status recognized interest of $ 16 million and $ 3 million for the years ended December 31, 2024 and </context> | us-gaap:FinancingReceivableNonaccrualInterestIncome |
Loans on non-accrual status recognized interest of $ 16 million and $ 3 million for the years ended December 31, 2024 and | text | 3 | monetaryItemType | text: <entity> 3 </entity> <entity type> monetaryItemType </entity type> <context> Loans on non-accrual status recognized interest of $ 16 million and $ 3 million for the years ended December 31, 2024 and </context> | us-gaap:FinancingReceivableNonaccrualInterestIncome |
Loans on non-accrual status that did not have a related allowance for credit losses were $ 207 million and $ 126 million as of December 31, 2024 and | text | 207 | monetaryItemType | text: <entity> 207 </entity> <entity type> monetaryItemType </entity type> <context> Loans on non-accrual status that did not have a related allowance for credit losses were $ 207 million and $ 126 million as of December 31, 2024 and </context> | us-gaap:FinancingReceivableNonaccrualNoAllowance |
Loans on non-accrual status that did not have a related allowance for credit losses were $ 207 million and $ 126 million as of December 31, 2024 and | text | 126 | monetaryItemType | text: <entity> 126 </entity> <entity type> monetaryItemType </entity type> <context> Loans on non-accrual status that did not have a related allowance for credit losses were $ 207 million and $ 126 million as of December 31, 2024 and </context> | us-gaap:FinancingReceivableNonaccrualNoAllowance |
As of December 31, 2024 and 2023, real estate held through direct ownership had mortgage debt of $ 185 million and $ 158 million, respectively. | text | 185 | monetaryItemType | text: <entity> 185 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024 and 2023, real estate held through direct ownership had mortgage debt of $ 185 million and $ 158 million, respectively. </context> | us-gaap:OtherInvestments |
As of December 31, 2024 and 2023, real estate held through direct ownership had mortgage debt of $ 185 million and $ 158 million, respectively. | text | 158 | monetaryItemType | text: <entity> 158 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024 and 2023, real estate held through direct ownership had mortgage debt of $ 185 million and $ 158 million, respectively. </context> | us-gaap:OtherInvestments |
In the normal course of its business activities, the Company accepts collateral that can be sold or repledged. The primary sources of this collateral are securities in customer accounts, securities purchased under agreements to resell and postings of collateral from OTC derivative counterparties. The fair value of this collateral was $ 1,920 million as of December 31, 2024 (the largest components of which included $ 265 million of securities and $ 1,655 million of cash from OTC derivative counterparties) and $ 717 million as of December 31, 2023 (the largest components of which included $ 388 million of securities and $ 329 million of cash from OTC derivative counterparties). A portion of the aforementioned securities, for both periods, had either been sold or repledged. | text | 1920 | monetaryItemType | text: <entity> 1920 </entity> <entity type> monetaryItemType </entity type> <context> In the normal course of its business activities, the Company accepts collateral that can be sold or repledged. The primary sources of this collateral are securities in customer accounts, securities purchased under agreements to resell and postings of collateral from OTC derivative counterparties. The fair value of this collateral was $ 1,920 million as of December 31, 2024 (the largest components of which included $ 265 million of securities and $ 1,655 million of cash from OTC derivative counterparties) and $ 717 million as of December 31, 2023 (the largest components of which included $ 388 million of securities and $ 329 million of cash from OTC derivative counterparties). A portion of the aforementioned securities, for both periods, had either been sold or repledged. </context> | us-gaap:FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged |
In the normal course of its business activities, the Company accepts collateral that can be sold or repledged. The primary sources of this collateral are securities in customer accounts, securities purchased under agreements to resell and postings of collateral from OTC derivative counterparties. The fair value of this collateral was $ 1,920 million as of December 31, 2024 (the largest components of which included $ 265 million of securities and $ 1,655 million of cash from OTC derivative counterparties) and $ 717 million as of December 31, 2023 (the largest components of which included $ 388 million of securities and $ 329 million of cash from OTC derivative counterparties). A portion of the aforementioned securities, for both periods, had either been sold or repledged. | text | 265 | monetaryItemType | text: <entity> 265 </entity> <entity type> monetaryItemType </entity type> <context> In the normal course of its business activities, the Company accepts collateral that can be sold or repledged. The primary sources of this collateral are securities in customer accounts, securities purchased under agreements to resell and postings of collateral from OTC derivative counterparties. The fair value of this collateral was $ 1,920 million as of December 31, 2024 (the largest components of which included $ 265 million of securities and $ 1,655 million of cash from OTC derivative counterparties) and $ 717 million as of December 31, 2023 (the largest components of which included $ 388 million of securities and $ 329 million of cash from OTC derivative counterparties). A portion of the aforementioned securities, for both periods, had either been sold or repledged. </context> | us-gaap:FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged |
In the normal course of its business activities, the Company accepts collateral that can be sold or repledged. The primary sources of this collateral are securities in customer accounts, securities purchased under agreements to resell and postings of collateral from OTC derivative counterparties. The fair value of this collateral was $ 1,920 million as of December 31, 2024 (the largest components of which included $ 265 million of securities and $ 1,655 million of cash from OTC derivative counterparties) and $ 717 million as of December 31, 2023 (the largest components of which included $ 388 million of securities and $ 329 million of cash from OTC derivative counterparties). A portion of the aforementioned securities, for both periods, had either been sold or repledged. | text | 1655 | monetaryItemType | text: <entity> 1655 </entity> <entity type> monetaryItemType </entity type> <context> In the normal course of its business activities, the Company accepts collateral that can be sold or repledged. The primary sources of this collateral are securities in customer accounts, securities purchased under agreements to resell and postings of collateral from OTC derivative counterparties. The fair value of this collateral was $ 1,920 million as of December 31, 2024 (the largest components of which included $ 265 million of securities and $ 1,655 million of cash from OTC derivative counterparties) and $ 717 million as of December 31, 2023 (the largest components of which included $ 388 million of securities and $ 329 million of cash from OTC derivative counterparties). A portion of the aforementioned securities, for both periods, had either been sold or repledged. </context> | us-gaap:FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged |
In the normal course of its business activities, the Company accepts collateral that can be sold or repledged. The primary sources of this collateral are securities in customer accounts, securities purchased under agreements to resell and postings of collateral from OTC derivative counterparties. The fair value of this collateral was $ 1,920 million as of December 31, 2024 (the largest components of which included $ 265 million of securities and $ 1,655 million of cash from OTC derivative counterparties) and $ 717 million as of December 31, 2023 (the largest components of which included $ 388 million of securities and $ 329 million of cash from OTC derivative counterparties). A portion of the aforementioned securities, for both periods, had either been sold or repledged. | text | 717 | monetaryItemType | text: <entity> 717 </entity> <entity type> monetaryItemType </entity type> <context> In the normal course of its business activities, the Company accepts collateral that can be sold or repledged. The primary sources of this collateral are securities in customer accounts, securities purchased under agreements to resell and postings of collateral from OTC derivative counterparties. The fair value of this collateral was $ 1,920 million as of December 31, 2024 (the largest components of which included $ 265 million of securities and $ 1,655 million of cash from OTC derivative counterparties) and $ 717 million as of December 31, 2023 (the largest components of which included $ 388 million of securities and $ 329 million of cash from OTC derivative counterparties). A portion of the aforementioned securities, for both periods, had either been sold or repledged. </context> | us-gaap:FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged |
In the normal course of its business activities, the Company accepts collateral that can be sold or repledged. The primary sources of this collateral are securities in customer accounts, securities purchased under agreements to resell and postings of collateral from OTC derivative counterparties. The fair value of this collateral was $ 1,920 million as of December 31, 2024 (the largest components of which included $ 265 million of securities and $ 1,655 million of cash from OTC derivative counterparties) and $ 717 million as of December 31, 2023 (the largest components of which included $ 388 million of securities and $ 329 million of cash from OTC derivative counterparties). A portion of the aforementioned securities, for both periods, had either been sold or repledged. | text | 388 | monetaryItemType | text: <entity> 388 </entity> <entity type> monetaryItemType </entity type> <context> In the normal course of its business activities, the Company accepts collateral that can be sold or repledged. The primary sources of this collateral are securities in customer accounts, securities purchased under agreements to resell and postings of collateral from OTC derivative counterparties. The fair value of this collateral was $ 1,920 million as of December 31, 2024 (the largest components of which included $ 265 million of securities and $ 1,655 million of cash from OTC derivative counterparties) and $ 717 million as of December 31, 2023 (the largest components of which included $ 388 million of securities and $ 329 million of cash from OTC derivative counterparties). A portion of the aforementioned securities, for both periods, had either been sold or repledged. </context> | us-gaap:FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged |
In the normal course of its business activities, the Company accepts collateral that can be sold or repledged. The primary sources of this collateral are securities in customer accounts, securities purchased under agreements to resell and postings of collateral from OTC derivative counterparties. The fair value of this collateral was $ 1,920 million as of December 31, 2024 (the largest components of which included $ 265 million of securities and $ 1,655 million of cash from OTC derivative counterparties) and $ 717 million as of December 31, 2023 (the largest components of which included $ 388 million of securities and $ 329 million of cash from OTC derivative counterparties). A portion of the aforementioned securities, for both periods, had either been sold or repledged. | text | 329 | monetaryItemType | text: <entity> 329 </entity> <entity type> monetaryItemType </entity type> <context> In the normal course of its business activities, the Company accepts collateral that can be sold or repledged. The primary sources of this collateral are securities in customer accounts, securities purchased under agreements to resell and postings of collateral from OTC derivative counterparties. The fair value of this collateral was $ 1,920 million as of December 31, 2024 (the largest components of which included $ 265 million of securities and $ 1,655 million of cash from OTC derivative counterparties) and $ 717 million as of December 31, 2023 (the largest components of which included $ 388 million of securities and $ 329 million of cash from OTC derivative counterparties). A portion of the aforementioned securities, for both periods, had either been sold or repledged. </context> | us-gaap:FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged |
Represents assets held in trust related to reinsurance agreements excluding reinsurance agreements between wholly-owned subsidiaries. Assets valued at $ 16.0 billion and $ 25.7 billion were held in trust related to reinsurance agreements between wholly-owned subsidiaries as of December 31, 2024 and 2023, respectively. | text | 16.0 | monetaryItemType | text: <entity> 16.0 </entity> <entity type> monetaryItemType </entity type> <context> Represents assets held in trust related to reinsurance agreements excluding reinsurance agreements between wholly-owned subsidiaries. Assets valued at $ 16.0 billion and $ 25.7 billion were held in trust related to reinsurance agreements between wholly-owned subsidiaries as of December 31, 2024 and 2023, respectively. </context> | us-gaap:AssetsHeldInTrust |
Represents assets held in trust related to reinsurance agreements excluding reinsurance agreements between wholly-owned subsidiaries. Assets valued at $ 16.0 billion and $ 25.7 billion were held in trust related to reinsurance agreements between wholly-owned subsidiaries as of December 31, 2024 and 2023, respectively. | text | 25.7 | monetaryItemType | text: <entity> 25.7 </entity> <entity type> monetaryItemType </entity type> <context> Represents assets held in trust related to reinsurance agreements excluding reinsurance agreements between wholly-owned subsidiaries. Assets valued at $ 16.0 billion and $ 25.7 billion were held in trust related to reinsurance agreements between wholly-owned subsidiaries as of December 31, 2024 and 2023, respectively. </context> | us-gaap:AssetsHeldInTrust |
Total assets of consolidated VIEs reflect $ 3,835 million and $ 4,003 million as of December 31, 2024 and 2023, respectively, related to VIEs whose beneficial interests are wholly-owned by consolidated subsidiaries. | text | 3835 | monetaryItemType | text: <entity> 3835 </entity> <entity type> monetaryItemType </entity type> <context> Total assets of consolidated VIEs reflect $ 3,835 million and $ 4,003 million as of December 31, 2024 and 2023, respectively, related to VIEs whose beneficial interests are wholly-owned by consolidated subsidiaries. </context> | us-gaap:Assets |
Total assets of consolidated VIEs reflect $ 3,835 million and $ 4,003 million as of December 31, 2024 and 2023, respectively, related to VIEs whose beneficial interests are wholly-owned by consolidated subsidiaries. | text | 4003 | monetaryItemType | text: <entity> 4003 </entity> <entity type> monetaryItemType </entity type> <context> Total assets of consolidated VIEs reflect $ 3,835 million and $ 4,003 million as of December 31, 2024 and 2023, respectively, related to VIEs whose beneficial interests are wholly-owned by consolidated subsidiaries. </context> | us-gaap:Assets |
for which it may or may not be the investment manager. These VIEs consist primarily of CLOs and investment funds for which the Company has determined that it is not the primary beneficiary as it does not have both (1) the power to direct the activities of the VIE that most significantly impact the economic performance of the entity and (2) the obligation to absorb losses of the entity that could be potentially significant to the VIE or the right to receive benefits from the entity that could be potentially significant. The Company’s maximum exposure to loss resulting from its relationship with unconsolidated VIEs is limited to its investment in the VIEs, which was $ 1,529 million and $ 1,165 million | text | 1529 | monetaryItemType | text: <entity> 1529 </entity> <entity type> monetaryItemType </entity type> <context> for which it may or may not be the investment manager. These VIEs consist primarily of CLOs and investment funds for which the Company has determined that it is not the primary beneficiary as it does not have both (1) the power to direct the activities of the VIE that most significantly impact the economic performance of the entity and (2) the obligation to absorb losses of the entity that could be potentially significant to the VIE or the right to receive benefits from the entity that could be potentially significant. The Company’s maximum exposure to loss resulting from its relationship with unconsolidated VIEs is limited to its investment in the VIEs, which was $ 1,529 million and $ 1,165 million </context> | us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount |
for which it may or may not be the investment manager. These VIEs consist primarily of CLOs and investment funds for which the Company has determined that it is not the primary beneficiary as it does not have both (1) the power to direct the activities of the VIE that most significantly impact the economic performance of the entity and (2) the obligation to absorb losses of the entity that could be potentially significant to the VIE or the right to receive benefits from the entity that could be potentially significant. The Company’s maximum exposure to loss resulting from its relationship with unconsolidated VIEs is limited to its investment in the VIEs, which was $ 1,529 million and $ 1,165 million | text | 1165 | monetaryItemType | text: <entity> 1165 </entity> <entity type> monetaryItemType </entity type> <context> for which it may or may not be the investment manager. These VIEs consist primarily of CLOs and investment funds for which the Company has determined that it is not the primary beneficiary as it does not have both (1) the power to direct the activities of the VIE that most significantly impact the economic performance of the entity and (2) the obligation to absorb losses of the entity that could be potentially significant to the VIE or the right to receive benefits from the entity that could be potentially significant. The Company’s maximum exposure to loss resulting from its relationship with unconsolidated VIEs is limited to its investment in the VIEs, which was $ 1,529 million and $ 1,165 million </context> | us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount |
vely. These investments are reflected in “Fixed maturities, available-for-sale,” “Fixed maturities, trading,” “Equity securities” and “Other invested assets.” There are no liabilities associated with these unconsolidated VIEs on the Company’s Consolidated Statements of Financial Position. | text | no | monetaryItemType | text: <entity> no </entity> <entity type> monetaryItemType </entity type> <context> vely. These investments are reflected in “Fixed maturities, available-for-sale,” “Fixed maturities, trading,” “Equity securities” and “Other invested assets.” There are no liabilities associated with these unconsolidated VIEs on the Company’s Consolidated Statements of Financial Position. </context> | us-gaap:Liabilities |
and $ 18,796 million as of December 31, 2024 and 2023, respectively. The Company has determined that it is not required to consolidate these entities because either (1) it does not control them or (2) it does not have the obligation to absorb losses of these entities that could be potentially significant to the entities or the right to receive benefits from the entities that could be potentially significant. | text | 18796 | monetaryItemType | text: <entity> 18796 </entity> <entity type> monetaryItemType </entity type> <context> and $ 18,796 million as of December 31, 2024 and 2023, respectively. The Company has determined that it is not required to consolidate these entities because either (1) it does not control them or (2) it does not have the obligation to absorb losses of these entities that could be potentially significant to the entities or the right to receive benefits from the entities that could be potentially significant. </context> | us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount |
The table below provides a summary of the gross notional amount and fair value of derivative contracts by the primary underlying risks they are utilized to manage, excluding embedded derivatives. Many derivative instruments contain multiple underlying risks. The fair value amounts below represent the value of derivative contracts prior to taking into account the netting effects of master netting agreements and cash collateral. These netting impacts resulted in total derivative assets of $ 1,601 million and $ 1,103 million as of December 31, 2024 and 2023, respectively, and total derivative liabilities of $ 4,751 million and $ 4,181 million as of December 31, 2024 and 2023, respectively, reflected in the Consolidated Statements of Financial Position. | text | 1601 | monetaryItemType | text: <entity> 1601 </entity> <entity type> monetaryItemType </entity type> <context> The table below provides a summary of the gross notional amount and fair value of derivative contracts by the primary underlying risks they are utilized to manage, excluding embedded derivatives. Many derivative instruments contain multiple underlying risks. The fair value amounts below represent the value of derivative contracts prior to taking into account the netting effects of master netting agreements and cash collateral. These netting impacts resulted in total derivative assets of $ 1,601 million and $ 1,103 million as of December 31, 2024 and 2023, respectively, and total derivative liabilities of $ 4,751 million and $ 4,181 million as of December 31, 2024 and 2023, respectively, reflected in the Consolidated Statements of Financial Position. </context> | us-gaap:DerivativeAssets |
The table below provides a summary of the gross notional amount and fair value of derivative contracts by the primary underlying risks they are utilized to manage, excluding embedded derivatives. Many derivative instruments contain multiple underlying risks. The fair value amounts below represent the value of derivative contracts prior to taking into account the netting effects of master netting agreements and cash collateral. These netting impacts resulted in total derivative assets of $ 1,601 million and $ 1,103 million as of December 31, 2024 and 2023, respectively, and total derivative liabilities of $ 4,751 million and $ 4,181 million as of December 31, 2024 and 2023, respectively, reflected in the Consolidated Statements of Financial Position. | text | 1103 | monetaryItemType | text: <entity> 1103 </entity> <entity type> monetaryItemType </entity type> <context> The table below provides a summary of the gross notional amount and fair value of derivative contracts by the primary underlying risks they are utilized to manage, excluding embedded derivatives. Many derivative instruments contain multiple underlying risks. The fair value amounts below represent the value of derivative contracts prior to taking into account the netting effects of master netting agreements and cash collateral. These netting impacts resulted in total derivative assets of $ 1,601 million and $ 1,103 million as of December 31, 2024 and 2023, respectively, and total derivative liabilities of $ 4,751 million and $ 4,181 million as of December 31, 2024 and 2023, respectively, reflected in the Consolidated Statements of Financial Position. </context> | us-gaap:DerivativeAssets |
The table below provides a summary of the gross notional amount and fair value of derivative contracts by the primary underlying risks they are utilized to manage, excluding embedded derivatives. Many derivative instruments contain multiple underlying risks. The fair value amounts below represent the value of derivative contracts prior to taking into account the netting effects of master netting agreements and cash collateral. These netting impacts resulted in total derivative assets of $ 1,601 million and $ 1,103 million as of December 31, 2024 and 2023, respectively, and total derivative liabilities of $ 4,751 million and $ 4,181 million as of December 31, 2024 and 2023, respectively, reflected in the Consolidated Statements of Financial Position. | text | 4751 | monetaryItemType | text: <entity> 4751 </entity> <entity type> monetaryItemType </entity type> <context> The table below provides a summary of the gross notional amount and fair value of derivative contracts by the primary underlying risks they are utilized to manage, excluding embedded derivatives. Many derivative instruments contain multiple underlying risks. The fair value amounts below represent the value of derivative contracts prior to taking into account the netting effects of master netting agreements and cash collateral. These netting impacts resulted in total derivative assets of $ 1,601 million and $ 1,103 million as of December 31, 2024 and 2023, respectively, and total derivative liabilities of $ 4,751 million and $ 4,181 million as of December 31, 2024 and 2023, respectively, reflected in the Consolidated Statements of Financial Position. </context> | us-gaap:DerivativeLiabilities |
The table below provides a summary of the gross notional amount and fair value of derivative contracts by the primary underlying risks they are utilized to manage, excluding embedded derivatives. Many derivative instruments contain multiple underlying risks. The fair value amounts below represent the value of derivative contracts prior to taking into account the netting effects of master netting agreements and cash collateral. These netting impacts resulted in total derivative assets of $ 1,601 million and $ 1,103 million as of December 31, 2024 and 2023, respectively, and total derivative liabilities of $ 4,751 million and $ 4,181 million as of December 31, 2024 and 2023, respectively, reflected in the Consolidated Statements of Financial Position. | text | 4181 | monetaryItemType | text: <entity> 4181 </entity> <entity type> monetaryItemType </entity type> <context> The table below provides a summary of the gross notional amount and fair value of derivative contracts by the primary underlying risks they are utilized to manage, excluding embedded derivatives. Many derivative instruments contain multiple underlying risks. The fair value amounts below represent the value of derivative contracts prior to taking into account the netting effects of master netting agreements and cash collateral. These netting impacts resulted in total derivative assets of $ 1,601 million and $ 1,103 million as of December 31, 2024 and 2023, respectively, and total derivative liabilities of $ 4,751 million and $ 4,181 million as of December 31, 2024 and 2023, respectively, reflected in the Consolidated Statements of Financial Position. </context> | us-gaap:DerivativeLiabilities |
Excludes embedded derivatives which contain multiple underlying risks. The fair value of these embedded derivatives was a net liability of $ 11,783 million (including the Prismic funds withheld-related embedded derivative net liability of $( 91 ) million) and $ 8,096 million (including the Prismic funds withheld-related embedded derivative net liability of $ 508 million) as of December 31, 2024, and 2023, respectively, primarily included in “Policyholders’ account balances” and “Reinsurance and funds withheld payables.” | text | 11783 | monetaryItemType | text: <entity> 11783 </entity> <entity type> monetaryItemType </entity type> <context> Excludes embedded derivatives which contain multiple underlying risks. The fair value of these embedded derivatives was a net liability of $ 11,783 million (including the Prismic funds withheld-related embedded derivative net liability of $( 91 ) million) and $ 8,096 million (including the Prismic funds withheld-related embedded derivative net liability of $ 508 million) as of December 31, 2024, and 2023, respectively, primarily included in “Policyholders’ account balances” and “Reinsurance and funds withheld payables.” </context> | us-gaap:EmbeddedDerivativeFairValueOfEmbeddedDerivativeNet |
Excludes embedded derivatives which contain multiple underlying risks. The fair value of these embedded derivatives was a net liability of $ 11,783 million (including the Prismic funds withheld-related embedded derivative net liability of $( 91 ) million) and $ 8,096 million (including the Prismic funds withheld-related embedded derivative net liability of $ 508 million) as of December 31, 2024, and 2023, respectively, primarily included in “Policyholders’ account balances” and “Reinsurance and funds withheld payables.” | text | 8096 | monetaryItemType | text: <entity> 8096 </entity> <entity type> monetaryItemType </entity type> <context> Excludes embedded derivatives which contain multiple underlying risks. The fair value of these embedded derivatives was a net liability of $ 11,783 million (including the Prismic funds withheld-related embedded derivative net liability of $( 91 ) million) and $ 8,096 million (including the Prismic funds withheld-related embedded derivative net liability of $ 508 million) as of December 31, 2024, and 2023, respectively, primarily included in “Policyholders’ account balances” and “Reinsurance and funds withheld payables.” </context> | us-gaap:EmbeddedDerivativeFairValueOfEmbeddedDerivativeNet |
The changes in fair value of cash flow hedges are deferred in AOCI and are included in “Net unrealized investment gains (losses)” in the Consolidated Statements of Comprehensive Income; these amounts are then reclassified to earnings when the hedged item affects earnings. Using December 31, 2024 values, it is estimated that a pre-tax gain of approximately $ 405 million is expected to be reclassified from AOCI to earnings during the subsequent twelve months ending December 31, 2025. | text | 405 | monetaryItemType | text: <entity> 405 </entity> <entity type> monetaryItemType </entity type> <context> The changes in fair value of cash flow hedges are deferred in AOCI and are included in “Net unrealized investment gains (losses)” in the Consolidated Statements of Comprehensive Income; these amounts are then reclassified to earnings when the hedged item affects earnings. Using December 31, 2024 values, it is estimated that a pre-tax gain of approximately $ 405 million is expected to be reclassified from AOCI to earnings during the subsequent twelve months ending December 31, 2025. </context> | us-gaap:CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths |
“Netting” amounts represent cash collateral of $( 8,049 ) million and $( 9,815 ) million as of December 31, 2024 and 2023, respectively, and the impact of offsetting asset and liability positions held with the same counterparty, subject to master netting agreements. | text | 8049 | monetaryItemType | text: <entity> 8049 </entity> <entity type> monetaryItemType </entity type> <context> “Netting” amounts represent cash collateral of $( 8,049 ) million and $( 9,815 ) million as of December 31, 2024 and 2023, respectively, and the impact of offsetting asset and liability positions held with the same counterparty, subject to master netting agreements. </context> | us-gaap:DerivativeAssetCollateralObligationToReturnCashOffset |
“Netting” amounts represent cash collateral of $( 8,049 ) million and $( 9,815 ) million as of December 31, 2024 and 2023, respectively, and the impact of offsetting asset and liability positions held with the same counterparty, subject to master netting agreements. | text | 9815 | monetaryItemType | text: <entity> 9815 </entity> <entity type> monetaryItemType </entity type> <context> “Netting” amounts represent cash collateral of $( 8,049 ) million and $( 9,815 ) million as of December 31, 2024 and 2023, respectively, and the impact of offsetting asset and liability positions held with the same counterparty, subject to master netting agreements. </context> | us-gaap:DerivativeAssetCollateralObligationToReturnCashOffset |
Excludes notes with fair value of $ 14,748 million (carrying amount of $ 14,748 million) and $ 12,370 million (carrying amount of $ 12,370 million) as of December 31, 2024 and 2023, respectively, which have been offset with the associated debt under a netting agreement. | text | 14748 | monetaryItemType | text: <entity> 14748 </entity> <entity type> monetaryItemType </entity type> <context> Excludes notes with fair value of $ 14,748 million (carrying amount of $ 14,748 million) and $ 12,370 million (carrying amount of $ 12,370 million) as of December 31, 2024 and 2023, respectively, which have been offset with the associated debt under a netting agreement. </context> | us-gaap:AvailableForSaleSecuritiesDebtSecurities |
Excludes notes with fair value of $ 14,748 million (carrying amount of $ 14,748 million) and $ 12,370 million (carrying amount of $ 12,370 million) as of December 31, 2024 and 2023, respectively, which have been offset with the associated debt under a netting agreement. | text | 14748 | monetaryItemType | text: <entity> 14748 </entity> <entity type> monetaryItemType </entity type> <context> Excludes notes with fair value of $ 14,748 million (carrying amount of $ 14,748 million) and $ 12,370 million (carrying amount of $ 12,370 million) as of December 31, 2024 and 2023, respectively, which have been offset with the associated debt under a netting agreement. </context> | us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis |
Excludes notes with fair value of $ 14,748 million (carrying amount of $ 14,748 million) and $ 12,370 million (carrying amount of $ 12,370 million) as of December 31, 2024 and 2023, respectively, which have been offset with the associated debt under a netting agreement. | text | 12370 | monetaryItemType | text: <entity> 12370 </entity> <entity type> monetaryItemType </entity type> <context> Excludes notes with fair value of $ 14,748 million (carrying amount of $ 14,748 million) and $ 12,370 million (carrying amount of $ 12,370 million) as of December 31, 2024 and 2023, respectively, which have been offset with the associated debt under a netting agreement. </context> | us-gaap:AvailableForSaleSecuritiesDebtSecurities |
Excludes notes with fair value of $ 14,748 million (carrying amount of $ 14,748 million) and $ 12,370 million (carrying amount of $ 12,370 million) as of December 31, 2024 and 2023, respectively, which have been offset with the associated debt under a netting agreement. | text | 12370 | monetaryItemType | text: <entity> 12370 </entity> <entity type> monetaryItemType </entity type> <context> Excludes notes with fair value of $ 14,748 million (carrying amount of $ 14,748 million) and $ 12,370 million (carrying amount of $ 12,370 million) as of December 31, 2024 and 2023, respectively, which have been offset with the associated debt under a netting agreement. </context> | us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis |
Equity securities excluded from the fair value hierarchy include a fund for which fair value is measured at net asset value (“NAV”) per share (or its equivalent) as a practical expedient. As of December 31, 2023, the fair value of this investment was $ 239 million. | text | 239 | monetaryItemType | text: <entity> 239 </entity> <entity type> monetaryItemType </entity type> <context> Equity securities excluded from the fair value hierarchy include a fund for which fair value is measured at net asset value (“NAV”) per share (or its equivalent) as a practical expedient. As of December 31, 2023, the fair value of this investment was $ 239 million. </context> | us-gaap:AlternativeInvestment |
Other invested assets excluded from the fair value hierarchy include certain hedge funds, private equity funds and other funds for which fair value is measured at NAV per share (or its equivalent) as a practical expedient. As of December 31, 2024 and 2023, the fair value of such investments was $ 5,021 million and $ 4,125 million, respectively. | text | 5021 | monetaryItemType | text: <entity> 5021 </entity> <entity type> monetaryItemType </entity type> <context> Other invested assets excluded from the fair value hierarchy include certain hedge funds, private equity funds and other funds for which fair value is measured at NAV per share (or its equivalent) as a practical expedient. As of December 31, 2024 and 2023, the fair value of such investments was $ 5,021 million and $ 4,125 million, respectively. </context> | us-gaap:AlternativeInvestment |
Other invested assets excluded from the fair value hierarchy include certain hedge funds, private equity funds and other funds for which fair value is measured at NAV per share (or its equivalent) as a practical expedient. As of December 31, 2024 and 2023, the fair value of such investments was $ 5,021 million and $ 4,125 million, respectively. | text | 4125 | monetaryItemType | text: <entity> 4125 </entity> <entity type> monetaryItemType </entity type> <context> Other invested assets excluded from the fair value hierarchy include certain hedge funds, private equity funds and other funds for which fair value is measured at NAV per share (or its equivalent) as a practical expedient. As of December 31, 2024 and 2023, the fair value of such investments was $ 5,021 million and $ 4,125 million, respectively. </context> | us-gaap:AlternativeInvestment |
Separate account assets included in the fair value hierarchy exclude investments in entities that calculate NAV per share (or its equivalent) as a practical expedient. Such investments excluded from the fair value hierarchy include investments in real estate, hedge funds and other invested assets. As of December 31, 2024 and 2023, the fair value of such investments was $ 26,700 million and $ 27,076 million, respectively. | text | 26700 | monetaryItemType | text: <entity> 26700 </entity> <entity type> monetaryItemType </entity type> <context> Separate account assets included in the fair value hierarchy exclude investments in entities that calculate NAV per share (or its equivalent) as a practical expedient. Such investments excluded from the fair value hierarchy include investments in real estate, hedge funds and other invested assets. As of December 31, 2024 and 2023, the fair value of such investments was $ 26,700 million and $ 27,076 million, respectively. </context> | us-gaap:AlternativeInvestment |
Separate account assets included in the fair value hierarchy exclude investments in entities that calculate NAV per share (or its equivalent) as a practical expedient. Such investments excluded from the fair value hierarchy include investments in real estate, hedge funds and other invested assets. As of December 31, 2024 and 2023, the fair value of such investments was $ 26,700 million and $ 27,076 million, respectively. | text | 27076 | monetaryItemType | text: <entity> 27076 </entity> <entity type> monetaryItemType </entity type> <context> Separate account assets included in the fair value hierarchy exclude investments in entities that calculate NAV per share (or its equivalent) as a practical expedient. Such investments excluded from the fair value hierarchy include investments in real estate, hedge funds and other invested assets. As of December 31, 2024 and 2023, the fair value of such investments was $ 26,700 million and $ 27,076 million, respectively. </context> | us-gaap:AlternativeInvestment |
The spread over the SOFR swap curve represents the premium added to the proxy for the risk-free rate (SOFR) to reflect the Company’s estimates of rates that a market participant would use to value the living benefits in both the accumulation and payout phases and index-linked interest crediting guarantees as of December 31, 2024 and 2023, respectively. This spread includes an estimate of NPR, which is the risk that the obligation will not be fulfilled by the Company. NPR is primarily estimated by utilizing the credit spreads associated with issuing funding agreements, adjusted for any illiquidity risk premium. In order to reflect the financial strength ratings of the Company, credit spreads associated with funding agreements, as opposed to credit spread associated with debt, are utilized in developing this estimate because funding agreements are insurance liabilities and are therefore senior to debt. Effective April 2023, the Company entered into an agreement with The Ohio National Life Insurance Company, now known as AuguStar Life Insurance Company (“AuguStar”), an affiliate of Constellation Insurance Holdings, Inc., to reinsure approximately $ 10 billion of account values of PDI traditional variable annuity contracts with guaranteed living benefits. See Note 15 for additional information regarding this transaction. As a result of this transaction, a ceded MRB asset balance was established to fair value the reinsurance reimbursements to the Company. The establishment of the fair value also required an estimate of NPR for AuguStar, which may differ from the Company’s; however, the NPR spreads for AuguStar were developed using a methodology similar to that of the Company. | text | 10 | monetaryItemType | text: <entity> 10 </entity> <entity type> monetaryItemType </entity type> <context> The spread over the SOFR swap curve represents the premium added to the proxy for the risk-free rate (SOFR) to reflect the Company’s estimates of rates that a market participant would use to value the living benefits in both the accumulation and payout phases and index-linked interest crediting guarantees as of December 31, 2024 and 2023, respectively. This spread includes an estimate of NPR, which is the risk that the obligation will not be fulfilled by the Company. NPR is primarily estimated by utilizing the credit spreads associated with issuing funding agreements, adjusted for any illiquidity risk premium. In order to reflect the financial strength ratings of the Company, credit spreads associated with funding agreements, as opposed to credit spread associated with debt, are utilized in developing this estimate because funding agreements are insurance liabilities and are therefore senior to debt. Effective April 2023, the Company entered into an agreement with The Ohio National Life Insurance Company, now known as AuguStar Life Insurance Company (“AuguStar”), an affiliate of Constellation Insurance Holdings, Inc., to reinsure approximately $ 10 billion of account values of PDI traditional variable annuity contracts with guaranteed living benefits. See Note 15 for additional information regarding this transaction. As a result of this transaction, a ceded MRB asset balance was established to fair value the reinsurance reimbursements to the Company. The establishment of the fair value also required an estimate of NPR for AuguStar, which may differ from the Company’s; however, the NPR spreads for AuguStar were developed using a methodology similar to that of the Company. </context> | us-gaap:FundsHeldUnderReinsuranceAgreementsAsset |
Excludes MRB assets of $ 2,331 million and $ 1,981 million and MRB liabilities of $ 4,455 million and $ 5,467 million as of December 31, 2024 and 2023, respectively. See Note 14 for additional information. | text | 2331 | monetaryItemType | text: <entity> 2331 </entity> <entity type> monetaryItemType </entity type> <context> Excludes MRB assets of $ 2,331 million and $ 1,981 million and MRB liabilities of $ 4,455 million and $ 5,467 million as of December 31, 2024 and 2023, respectively. See Note 14 for additional information. </context> | us-gaap:MarketRiskBenefitAssetAmount |
Excludes MRB assets of $ 2,331 million and $ 1,981 million and MRB liabilities of $ 4,455 million and $ 5,467 million as of December 31, 2024 and 2023, respectively. See Note 14 for additional information. | text | 1981 | monetaryItemType | text: <entity> 1981 </entity> <entity type> monetaryItemType </entity type> <context> Excludes MRB assets of $ 2,331 million and $ 1,981 million and MRB liabilities of $ 4,455 million and $ 5,467 million as of December 31, 2024 and 2023, respectively. See Note 14 for additional information. </context> | us-gaap:MarketRiskBenefitAssetAmount |
Excludes MRB assets of $ 2,331 million and $ 1,981 million and MRB liabilities of $ 4,455 million and $ 5,467 million as of December 31, 2024 and 2023, respectively. See Note 14 for additional information. | text | 4455 | monetaryItemType | text: <entity> 4455 </entity> <entity type> monetaryItemType </entity type> <context> Excludes MRB assets of $ 2,331 million and $ 1,981 million and MRB liabilities of $ 4,455 million and $ 5,467 million as of December 31, 2024 and 2023, respectively. See Note 14 for additional information. </context> | us-gaap:MarketRiskBenefitLiabilityAmount |
Excludes MRB assets of $ 2,331 million and $ 1,981 million and MRB liabilities of $ 4,455 million and $ 5,467 million as of December 31, 2024 and 2023, respectively. See Note 14 for additional information. | text | 5467 | monetaryItemType | text: <entity> 5467 </entity> <entity type> monetaryItemType </entity type> <context> Excludes MRB assets of $ 2,331 million and $ 1,981 million and MRB liabilities of $ 4,455 million and $ 5,467 million as of December 31, 2024 and 2023, respectively. See Note 14 for additional information. </context> | us-gaap:MarketRiskBenefitLiabilityAmount |
As of December 31, 2024, for loans for which the fair value option has been elected, none of the loans were 90 days or more past due. | text | none | monetaryItemType | text: <entity> none </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, for loans for which the fair value option has been elected, none of the loans were 90 days or more past due. </context> | us-gaap:FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue |
Excludes debt with fair value of $ 0 million (carrying amount of $ 0 million) and $ 2,000 million (carrying amount of $ 2,000 million) as of December 31, 2024 and December 31, 2023, respectively, which have been offset with the associated notes under a netting agreement. | text | 0 | monetaryItemType | text: <entity> 0 </entity> <entity type> monetaryItemType </entity type> <context> Excludes debt with fair value of $ 0 million (carrying amount of $ 0 million) and $ 2,000 million (carrying amount of $ 2,000 million) as of December 31, 2024 and December 31, 2023, respectively, which have been offset with the associated notes under a netting agreement. </context> | us-gaap:DebtCurrent |
Excludes debt with fair value of $ 0 million (carrying amount of $ 0 million) and $ 2,000 million (carrying amount of $ 2,000 million) as of December 31, 2024 and December 31, 2023, respectively, which have been offset with the associated notes under a netting agreement. | text | 2000 | monetaryItemType | text: <entity> 2000 </entity> <entity type> monetaryItemType </entity type> <context> Excludes debt with fair value of $ 0 million (carrying amount of $ 0 million) and $ 2,000 million (carrying amount of $ 2,000 million) as of December 31, 2024 and December 31, 2023, respectively, which have been offset with the associated notes under a netting agreement. </context> | us-gaap:DebtCurrent |
Excludes debt with fair value of $ 14,748 million (carrying amount of $ 14,748 million) and $ 10,370 million (carrying amount of $ 10,370 million) as of December 31, 2024 and December 31, 2023, respectively, which have been offset with the associated notes under a netting agreement. | text | 14748 | monetaryItemType | text: <entity> 14748 </entity> <entity type> monetaryItemType </entity type> <context> Excludes debt with fair value of $ 14,748 million (carrying amount of $ 14,748 million) and $ 10,370 million (carrying amount of $ 10,370 million) as of December 31, 2024 and December 31, 2023, respectively, which have been offset with the associated notes under a netting agreement. </context> | us-gaap:LongTermDebtNoncurrent |
Excludes debt with fair value of $ 14,748 million (carrying amount of $ 14,748 million) and $ 10,370 million (carrying amount of $ 10,370 million) as of December 31, 2024 and December 31, 2023, respectively, which have been offset with the associated notes under a netting agreement. | text | 10370 | monetaryItemType | text: <entity> 10370 </entity> <entity type> monetaryItemType </entity type> <context> Excludes debt with fair value of $ 14,748 million (carrying amount of $ 14,748 million) and $ 10,370 million (carrying amount of $ 10,370 million) as of December 31, 2024 and December 31, 2023, respectively, which have been offset with the associated notes under a netting agreement. </context> | us-gaap:LongTermDebtNoncurrent |
Includes $( 584 ) million in Individual Retirement Strategies related to the sale of PALAC. See Note 1 for additional information. | text | 584 | monetaryItemType | text: <entity> 584 </entity> <entity type> monetaryItemType </entity type> <context> Includes $( 584 ) million in Individual Retirement Strategies related to the sale of PALAC. See Note 1 for additional information. </context> | us-gaap:GainLossOnSaleOfBusiness |
In September of 2023, the Company acquired a 20 % equity interest as a limited partner in Prismic. See Note 1 for additional information. | text | 20 | percentItemType | text: <entity> 20 </entity> <entity type> percentItemType </entity type> <context> In September of 2023, the Company acquired a 20 % equity interest as a limited partner in Prismic. See Note 1 for additional information. </context> | us-gaap:EquityMethodInvestmentOwnershipPercentage |
For the years ended December 31, 2024, 2023 and 2022, the Company recognized $ 31 million, $ 10 million and less than $ 1 million, respectively, of asset management fee income for services the Company provided to these joint ventures and other operating entities. | text | 31 | monetaryItemType | text: <entity> 31 </entity> <entity type> monetaryItemType </entity type> <context> For the years ended December 31, 2024, 2023 and 2022, the Company recognized $ 31 million, $ 10 million and less than $ 1 million, respectively, of asset management fee income for services the Company provided to these joint ventures and other operating entities. </context> | us-gaap:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures |
For the years ended December 31, 2024, 2023 and 2022, the Company recognized $ 31 million, $ 10 million and less than $ 1 million, respectively, of asset management fee income for services the Company provided to these joint ventures and other operating entities. | text | 10 | monetaryItemType | text: <entity> 10 </entity> <entity type> monetaryItemType </entity type> <context> For the years ended December 31, 2024, 2023 and 2022, the Company recognized $ 31 million, $ 10 million and less than $ 1 million, respectively, of asset management fee income for services the Company provided to these joint ventures and other operating entities. </context> | us-gaap:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures |
For the years ended December 31, 2024, 2023 and 2022, the Company recognized $ 31 million, $ 10 million and less than $ 1 million, respectively, of asset management fee income for services the Company provided to these joint ventures and other operating entities. | text | 1 | monetaryItemType | text: <entity> 1 </entity> <entity type> monetaryItemType </entity type> <context> For the years ended December 31, 2024, 2023 and 2022, the Company recognized $ 31 million, $ 10 million and less than $ 1 million, respectively, of asset management fee income for services the Company provided to these joint ventures and other operating entities. </context> | us-gaap:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures |
The Company tests goodwill for impairment annually, as of December 31, and more frequently if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount, as discussed in further detail in Note 2. The Company performed the annual goodwill impairment test using the quantitative approach for all reporting units at December 31, 2024. The estimated fair value of PGIM and Gibraltar and Other, within the International Businesses segment, incorporated a market approach based on earnings multiple and significantly exceeded their carrying value, resulting in no goodwill impairment as of December 31, 2024. | text | no | monetaryItemType | text: <entity> no </entity> <entity type> monetaryItemType </entity type> <context> The Company tests goodwill for impairment annually, as of December 31, and more frequently if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount, as discussed in further detail in Note 2. The Company performed the annual goodwill impairment test using the quantitative approach for all reporting units at December 31, 2024. The estimated fair value of PGIM and Gibraltar and Other, within the International Businesses segment, incorporated a market approach based on earnings multiple and significantly exceeded their carrying value, resulting in no goodwill impairment as of December 31, 2024. </context> | us-gaap:GoodwillImpairmentLoss |
The Company recorded pre-tax impairment charges of $ 177 million and $ 903 million in 2023 and 2022, respectively, both related to AIQ, within Corporate and Other operations, resulting in no remaining goodwill assigned to AIQ as of December 31, 2023 and 2024. | text | 177 | monetaryItemType | text: <entity> 177 </entity> <entity type> monetaryItemType </entity type> <context> The Company recorded pre-tax impairment charges of $ 177 million and $ 903 million in 2023 and 2022, respectively, both related to AIQ, within Corporate and Other operations, resulting in no remaining goodwill assigned to AIQ as of December 31, 2023 and 2024. </context> | us-gaap:GoodwillImpairmentLoss |
The Company recorded pre-tax impairment charges of $ 177 million and $ 903 million in 2023 and 2022, respectively, both related to AIQ, within Corporate and Other operations, resulting in no remaining goodwill assigned to AIQ as of December 31, 2023 and 2024. | text | 903 | monetaryItemType | text: <entity> 903 </entity> <entity type> monetaryItemType </entity type> <context> The Company recorded pre-tax impairment charges of $ 177 million and $ 903 million in 2023 and 2022, respectively, both related to AIQ, within Corporate and Other operations, resulting in no remaining goodwill assigned to AIQ as of December 31, 2023 and 2024. </context> | us-gaap:GoodwillImpairmentLoss |
The fair values of net mortgage servicing rights were $ 269 million and $ 286 million at December 31, 2024 and 2023, respectively. Amortization expense for other intangibles was $ 80 million, $ 89 million and $ 104 million for the years ending December 31, 2024, 2023 and 2022, respectively. The amortization expense amounts for 2024, 2023 and 2022 do not include impairments recorded for mortgage servicing rights or other intangibles. See the nonrecurring fair value measurements section of Note 6 for additional information regarding these impairments. | text | 269 | monetaryItemType | text: <entity> 269 </entity> <entity type> monetaryItemType </entity type> <context> The fair values of net mortgage servicing rights were $ 269 million and $ 286 million at December 31, 2024 and 2023, respectively. Amortization expense for other intangibles was $ 80 million, $ 89 million and $ 104 million for the years ending December 31, 2024, 2023 and 2022, respectively. The amortization expense amounts for 2024, 2023 and 2022 do not include impairments recorded for mortgage servicing rights or other intangibles. See the nonrecurring fair value measurements section of Note 6 for additional information regarding these impairments. </context> | us-gaap:FiniteLivedIntangibleAssetsNet |
The fair values of net mortgage servicing rights were $ 269 million and $ 286 million at December 31, 2024 and 2023, respectively. Amortization expense for other intangibles was $ 80 million, $ 89 million and $ 104 million for the years ending December 31, 2024, 2023 and 2022, respectively. The amortization expense amounts for 2024, 2023 and 2022 do not include impairments recorded for mortgage servicing rights or other intangibles. See the nonrecurring fair value measurements section of Note 6 for additional information regarding these impairments. | text | 286 | monetaryItemType | text: <entity> 286 </entity> <entity type> monetaryItemType </entity type> <context> The fair values of net mortgage servicing rights were $ 269 million and $ 286 million at December 31, 2024 and 2023, respectively. Amortization expense for other intangibles was $ 80 million, $ 89 million and $ 104 million for the years ending December 31, 2024, 2023 and 2022, respectively. The amortization expense amounts for 2024, 2023 and 2022 do not include impairments recorded for mortgage servicing rights or other intangibles. See the nonrecurring fair value measurements section of Note 6 for additional information regarding these impairments. </context> | us-gaap:FiniteLivedIntangibleAssetsNet |
The fair values of net mortgage servicing rights were $ 269 million and $ 286 million at December 31, 2024 and 2023, respectively. Amortization expense for other intangibles was $ 80 million, $ 89 million and $ 104 million for the years ending December 31, 2024, 2023 and 2022, respectively. The amortization expense amounts for 2024, 2023 and 2022 do not include impairments recorded for mortgage servicing rights or other intangibles. See the nonrecurring fair value measurements section of Note 6 for additional information regarding these impairments. | text | 80 | monetaryItemType | text: <entity> 80 </entity> <entity type> monetaryItemType </entity type> <context> The fair values of net mortgage servicing rights were $ 269 million and $ 286 million at December 31, 2024 and 2023, respectively. Amortization expense for other intangibles was $ 80 million, $ 89 million and $ 104 million for the years ending December 31, 2024, 2023 and 2022, respectively. The amortization expense amounts for 2024, 2023 and 2022 do not include impairments recorded for mortgage servicing rights or other intangibles. See the nonrecurring fair value measurements section of Note 6 for additional information regarding these impairments. </context> | us-gaap:AmortizationOfIntangibleAssets |
The fair values of net mortgage servicing rights were $ 269 million and $ 286 million at December 31, 2024 and 2023, respectively. Amortization expense for other intangibles was $ 80 million, $ 89 million and $ 104 million for the years ending December 31, 2024, 2023 and 2022, respectively. The amortization expense amounts for 2024, 2023 and 2022 do not include impairments recorded for mortgage servicing rights or other intangibles. See the nonrecurring fair value measurements section of Note 6 for additional information regarding these impairments. | text | 89 | monetaryItemType | text: <entity> 89 </entity> <entity type> monetaryItemType </entity type> <context> The fair values of net mortgage servicing rights were $ 269 million and $ 286 million at December 31, 2024 and 2023, respectively. Amortization expense for other intangibles was $ 80 million, $ 89 million and $ 104 million for the years ending December 31, 2024, 2023 and 2022, respectively. The amortization expense amounts for 2024, 2023 and 2022 do not include impairments recorded for mortgage servicing rights or other intangibles. See the nonrecurring fair value measurements section of Note 6 for additional information regarding these impairments. </context> | us-gaap:AmortizationOfIntangibleAssets |
The fair values of net mortgage servicing rights were $ 269 million and $ 286 million at December 31, 2024 and 2023, respectively. Amortization expense for other intangibles was $ 80 million, $ 89 million and $ 104 million for the years ending December 31, 2024, 2023 and 2022, respectively. The amortization expense amounts for 2024, 2023 and 2022 do not include impairments recorded for mortgage servicing rights or other intangibles. See the nonrecurring fair value measurements section of Note 6 for additional information regarding these impairments. | text | 104 | monetaryItemType | text: <entity> 104 </entity> <entity type> monetaryItemType </entity type> <context> The fair values of net mortgage servicing rights were $ 269 million and $ 286 million at December 31, 2024 and 2023, respectively. Amortization expense for other intangibles was $ 80 million, $ 89 million and $ 104 million for the years ending December 31, 2024, 2023 and 2022, respectively. The amortization expense amounts for 2024, 2023 and 2022 do not include impairments recorded for mortgage servicing rights or other intangibles. See the nonrecurring fair value measurements section of Note 6 for additional information regarding these impairments. </context> | us-gaap:AmortizationOfIntangibleAssets |
Lease expense is included in “General and administrative expenses,” which consisted of operating lease and short-term costs. Operating lease costs were $ 123 million, $ 121 million, and $ 133 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs were $ 68 million, $ 74 million, and $ 80 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs relate to those leases with terms of twelve months or less that do not include an option to purchase the underlying asset that is reasonably certain of exercise. | text | 123 | monetaryItemType | text: <entity> 123 </entity> <entity type> monetaryItemType </entity type> <context> Lease expense is included in “General and administrative expenses,” which consisted of operating lease and short-term costs. Operating lease costs were $ 123 million, $ 121 million, and $ 133 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs were $ 68 million, $ 74 million, and $ 80 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs relate to those leases with terms of twelve months or less that do not include an option to purchase the underlying asset that is reasonably certain of exercise. </context> | us-gaap:OperatingLeaseCost |
Lease expense is included in “General and administrative expenses,” which consisted of operating lease and short-term costs. Operating lease costs were $ 123 million, $ 121 million, and $ 133 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs were $ 68 million, $ 74 million, and $ 80 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs relate to those leases with terms of twelve months or less that do not include an option to purchase the underlying asset that is reasonably certain of exercise. | text | 121 | monetaryItemType | text: <entity> 121 </entity> <entity type> monetaryItemType </entity type> <context> Lease expense is included in “General and administrative expenses,” which consisted of operating lease and short-term costs. Operating lease costs were $ 123 million, $ 121 million, and $ 133 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs were $ 68 million, $ 74 million, and $ 80 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs relate to those leases with terms of twelve months or less that do not include an option to purchase the underlying asset that is reasonably certain of exercise. </context> | us-gaap:OperatingLeaseCost |
Lease expense is included in “General and administrative expenses,” which consisted of operating lease and short-term costs. Operating lease costs were $ 123 million, $ 121 million, and $ 133 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs were $ 68 million, $ 74 million, and $ 80 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs relate to those leases with terms of twelve months or less that do not include an option to purchase the underlying asset that is reasonably certain of exercise. | text | 133 | monetaryItemType | text: <entity> 133 </entity> <entity type> monetaryItemType </entity type> <context> Lease expense is included in “General and administrative expenses,” which consisted of operating lease and short-term costs. Operating lease costs were $ 123 million, $ 121 million, and $ 133 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs were $ 68 million, $ 74 million, and $ 80 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs relate to those leases with terms of twelve months or less that do not include an option to purchase the underlying asset that is reasonably certain of exercise. </context> | us-gaap:OperatingLeaseCost |
Lease expense is included in “General and administrative expenses,” which consisted of operating lease and short-term costs. Operating lease costs were $ 123 million, $ 121 million, and $ 133 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs were $ 68 million, $ 74 million, and $ 80 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs relate to those leases with terms of twelve months or less that do not include an option to purchase the underlying asset that is reasonably certain of exercise. | text | 68 | monetaryItemType | text: <entity> 68 </entity> <entity type> monetaryItemType </entity type> <context> Lease expense is included in “General and administrative expenses,” which consisted of operating lease and short-term costs. Operating lease costs were $ 123 million, $ 121 million, and $ 133 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs were $ 68 million, $ 74 million, and $ 80 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs relate to those leases with terms of twelve months or less that do not include an option to purchase the underlying asset that is reasonably certain of exercise. </context> | us-gaap:ShortTermLeaseCost |
Lease expense is included in “General and administrative expenses,” which consisted of operating lease and short-term costs. Operating lease costs were $ 123 million, $ 121 million, and $ 133 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs were $ 68 million, $ 74 million, and $ 80 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs relate to those leases with terms of twelve months or less that do not include an option to purchase the underlying asset that is reasonably certain of exercise. | text | 74 | monetaryItemType | text: <entity> 74 </entity> <entity type> monetaryItemType </entity type> <context> Lease expense is included in “General and administrative expenses,” which consisted of operating lease and short-term costs. Operating lease costs were $ 123 million, $ 121 million, and $ 133 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs were $ 68 million, $ 74 million, and $ 80 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs relate to those leases with terms of twelve months or less that do not include an option to purchase the underlying asset that is reasonably certain of exercise. </context> | us-gaap:ShortTermLeaseCost |
Lease expense is included in “General and administrative expenses,” which consisted of operating lease and short-term costs. Operating lease costs were $ 123 million, $ 121 million, and $ 133 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs were $ 68 million, $ 74 million, and $ 80 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs relate to those leases with terms of twelve months or less that do not include an option to purchase the underlying asset that is reasonably certain of exercise. | text | 80 | monetaryItemType | text: <entity> 80 </entity> <entity type> monetaryItemType </entity type> <context> Lease expense is included in “General and administrative expenses,” which consisted of operating lease and short-term costs. Operating lease costs were $ 123 million, $ 121 million, and $ 133 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs were $ 68 million, $ 74 million, and $ 80 million for the years ended December 31, 2024, 2023, and 2022, respectively. Short-term lease costs relate to those leases with terms of twelve months or less that do not include an option to purchase the underlying asset that is reasonably certain of exercise. </context> | us-gaap:ShortTermLeaseCost |
Reflects balance after reinsurance recoverable of $ 60 million, $ 69 million, and $ 76 million at December 31, 2024, 2023 and 2022, respectively. | text | 60 | monetaryItemType | text: <entity> 60 </entity> <entity type> monetaryItemType </entity type> <context> Reflects balance after reinsurance recoverable of $ 60 million, $ 69 million, and $ 76 million at December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:LiabilityForFuturePolicyBenefitReinsuranceRecoverableAfterAllowance |
Reflects balance after reinsurance recoverable of $ 60 million, $ 69 million, and $ 76 million at December 31, 2024, 2023 and 2022, respectively. | text | 69 | monetaryItemType | text: <entity> 69 </entity> <entity type> monetaryItemType </entity type> <context> Reflects balance after reinsurance recoverable of $ 60 million, $ 69 million, and $ 76 million at December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:LiabilityForFuturePolicyBenefitReinsuranceRecoverableAfterAllowance |
Reflects balance after reinsurance recoverable of $ 60 million, $ 69 million, and $ 76 million at December 31, 2024, 2023 and 2022, respectively. | text | 76 | monetaryItemType | text: <entity> 76 </entity> <entity type> monetaryItemType </entity type> <context> Reflects balance after reinsurance recoverable of $ 60 million, $ 69 million, and $ 76 million at December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:LiabilityForFuturePolicyBenefitReinsuranceRecoverableAfterAllowance |
In 2022, there was a $ 190 million charge to net income for non-participating traditional and limited-payment products, where net premiums exceeded gross premiums for certain issue-year cohorts, partially offset by a $ 80 million gain reflecting the impact of ceded reinsurance on the affected cohorts. The unfavorable impact in 2022 was primarily due to unfavorable assumption updates related to the term life business in Individual Life. | text | 190 | monetaryItemType | text: <entity> 190 </entity> <entity type> monetaryItemType </entity type> <context> In 2022, there was a $ 190 million charge to net income for non-participating traditional and limited-payment products, where net premiums exceeded gross premiums for certain issue-year cohorts, partially offset by a $ 80 million gain reflecting the impact of ceded reinsurance on the affected cohorts. The unfavorable impact in 2022 was primarily due to unfavorable assumption updates related to the term life business in Individual Life. </context> | us-gaap:LiabilityForFuturePolicyBenefitAdverseDevelopmentExpense |
Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. | text | 5547 | monetaryItemType | text: <entity> 5547 </entity> <entity type> monetaryItemType </entity type> <context> Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. </context> | us-gaap:PolicyholderFunds |
Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. | text | 5597 | monetaryItemType | text: <entity> 5597 </entity> <entity type> monetaryItemType </entity type> <context> Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. </context> | us-gaap:PolicyholderFunds |
Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. | text | 5064 | monetaryItemType | text: <entity> 5064 </entity> <entity type> monetaryItemType </entity type> <context> Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. </context> | us-gaap:PolicyholderFunds |
Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. | text | 15 | monetaryItemType | text: <entity> 15 </entity> <entity type> monetaryItemType </entity type> <context> Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. </context> | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. | text | 6 | monetaryItemType | text: <entity> 6 </entity> <entity type> monetaryItemType </entity type> <context> Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. </context> | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. | text | 3486 | monetaryItemType | text: <entity> 3486 </entity> <entity type> monetaryItemType </entity type> <context> Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. </context> | us-gaap:DebtInstrumentFaceAmount |
Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. | text | 3474 | monetaryItemType | text: <entity> 3474 </entity> <entity type> monetaryItemType </entity type> <context> Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. </context> | us-gaap:DebtInstrumentFaceAmount |
Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. | text | 2968 | monetaryItemType | text: <entity> 2968 </entity> <entity type> monetaryItemType </entity type> <context> Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. </context> | us-gaap:DebtInstrumentFaceAmount |
Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. | text | 2086 | monetaryItemType | text: <entity> 2086 </entity> <entity type> monetaryItemType </entity type> <context> Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. </context> | us-gaap:DebtInstrumentFaceAmount |
Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. | text | 2156 | monetaryItemType | text: <entity> 2156 </entity> <entity type> monetaryItemType </entity type> <context> Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. </context> | us-gaap:DebtInstrumentFaceAmount |
Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. | text | 2130 | monetaryItemType | text: <entity> 2130 </entity> <entity type> monetaryItemType </entity type> <context> Policyholders’ account balances for Institutional Retirement Strategies and Life Planner includes the Company’s Funding Agreement Notes Issuance Program (“FANIP”) at December 31, 2024, 2023 and 2022 are $ 5,547 million, $ 5,597 million and $ 5,064 million, respectively. Under this program, which has a maximum authorized amount of $ 15 billion of medium-term notes and $ 6 billion of commercial paper, Delaware statutory trusts issue short-term commercial paper and/or medium-term notes to investors that are secured by funding agreements issued to the trusts by PICA. The outstanding commercial paper and notes have fixed or floating interest rates that range from 0.0 % to 5.6 % and original maturities ranging from three months to seven years . Included in the amounts at December 31, 2024, 2023 and 2022 are funding agreements which secure the medium-term note liability, which are carried at amortized cost, of $ 3,486 million, $ 3,474 million and $ 2,968 million, respectively, and short-term note liability of $ 2,086 million, $ 2,156 million and $ 2,130 million, respectively. </context> | us-gaap:DebtInstrumentFaceAmount |
Also included in Policyholders’ account balances for Institutional Retirement Strategies are collateralized funding agreements issued to the Federal Home Loan Bank of New York (“FHLBNY”) at December 31, 2024, 2023 and 2022 totaling $ 2,628 million, $ 2,628 million, and $ 2,628 million, respectively. These obligations, which are carried at amortized cost, have fixed interest rates that range from 1.925 % to 4.510 % and original maturities of seven years . For additional details on the FHLBNY program, see Note 18. | text | 2628 | monetaryItemType | text: <entity> 2628 </entity> <entity type> monetaryItemType </entity type> <context> Also included in Policyholders’ account balances for Institutional Retirement Strategies are collateralized funding agreements issued to the Federal Home Loan Bank of New York (“FHLBNY”) at December 31, 2024, 2023 and 2022 totaling $ 2,628 million, $ 2,628 million, and $ 2,628 million, respectively. These obligations, which are carried at amortized cost, have fixed interest rates that range from 1.925 % to 4.510 % and original maturities of seven years . For additional details on the FHLBNY program, see Note 18. </context> | us-gaap:DebtInstrumentFaceAmount |
Also included in Policyholders’ account balances for Institutional Retirement Strategies are collateralized funding agreements issued to the Federal Home Loan Bank of New York (“FHLBNY”) at December 31, 2024, 2023 and 2022 totaling $ 2,628 million, $ 2,628 million, and $ 2,628 million, respectively. These obligations, which are carried at amortized cost, have fixed interest rates that range from 1.925 % to 4.510 % and original maturities of seven years . For additional details on the FHLBNY program, see Note 18. | text | 1.925 | percentItemType | text: <entity> 1.925 </entity> <entity type> percentItemType </entity type> <context> Also included in Policyholders’ account balances for Institutional Retirement Strategies are collateralized funding agreements issued to the Federal Home Loan Bank of New York (“FHLBNY”) at December 31, 2024, 2023 and 2022 totaling $ 2,628 million, $ 2,628 million, and $ 2,628 million, respectively. These obligations, which are carried at amortized cost, have fixed interest rates that range from 1.925 % to 4.510 % and original maturities of seven years . For additional details on the FHLBNY program, see Note 18. </context> | us-gaap:DebtInstrumentInterestRateStatedPercentage |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.