v3.25.4
Derivative Instruments and Hedging Activities - Fair Value Asset/(Liability) of Credit Protection Sold (Details) - Credit Protection Sold - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Credit Derivatives    
Fair Value Asset (Liability) $ 5,245 $ 3,896
CDS    
Credit Derivatives    
Fair Value Asset (Liability) 5,099 3,763
Single-name CDS    
Credit Derivatives    
Fair Value Asset (Liability) 3,171 2,475
Single-name CDS | Investment grade    
Credit Derivatives    
Fair Value Asset (Liability) 2,394 1,890
Single-name CDS | Non-investment grade    
Credit Derivatives    
Fair Value Asset (Liability) 777 585
Index and basket CDS    
Credit Derivatives    
Fair Value Asset (Liability) 1,928 1,288
Index and basket CDS | Investment grade    
Credit Derivatives    
Fair Value Asset (Liability) 907 799
Index and basket CDS | Non-investment grade    
Credit Derivatives    
Fair Value Asset (Liability) 1,021 489
Other credit contracts    
Credit Derivatives    
Fair Value Asset (Liability) $ 146 $ 133