As long as the water your body displaces weighs more than you do, you float.
In short, Archimedes' Law states that a human submerged in water weighs less than the water itself, because the lungs are full of air like a balloon, and like a balloon, the air in the lungs lifts you to the surface naturally.
With very few exceptions, everyone floats, however, most people think they are that exception when in reality 99.9% are not.
It is the degree of floatation and how easy it is to float that is influenced by your body's make-up.