v3.25.2
Fair Value of Assets and Liabilities (Balances of Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Details) - USD ($)
$ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value [1] $ 328,302 $ 311,570  
Assets supporting experience-rated contractholder liabilities 4,282 3,707  
Market risk benefit assets 2,188 2,331 $ 2,233
Fixed maturities, trading [1] 14,020 12,530  
Equity securities [1] 7,434 9,417  
Commercial mortgage and other loans [1] 62,966 62,341  
Other invested assets [1] 27,256 26,351  
Reinsurance recoverables and deposit receivables [2] 44,152 37,680  
Separate account assets 194,761 193,372  
TOTAL ASSETS 758,952 735,587  
Market risk benefit liabilities 4,859 4,455 $ 4,592
Reinsurance and funds withheld payables [2] 17,126 17,084  
Other Liabilities [1] 17,915 16,679  
Total liabilities 725,836 705,461  
Netting (18,345) (20,093)  
Fixed Maturities, available-for-sale, Amortized Cost $ 356,073 $ 341,004  
Commercial paper      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
VIE notes maturities 5 days 15 days  
U.S. Treasury securities and obligations of U.S. government authorities and agencies      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value $ 20,370 $ 20,348  
Fixed Maturities, available-for-sale, Amortized Cost 24,626 24,869  
Obligations of U.S. states and their political subdivisions      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 5,513 6,104  
Fixed Maturities, available-for-sale, Amortized Cost 6,059 6,590  
Foreign government securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 58,689 57,479  
Assets supporting experience-rated contractholder liabilities 635 539  
Fixed Maturities, available-for-sale, Amortized Cost 68,556 63,523  
U.S. public corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 103,186 98,508  
Fixed Maturities, available-for-sale, Amortized Cost 112,147 108,883  
U.S. private corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 45,683 43,789  
Fixed Maturities, available-for-sale, Amortized Cost 47,182 45,854  
Foreign public corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 23,988 21,982  
Fixed Maturities, available-for-sale, Amortized Cost 24,927 23,165  
Foreign private corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 39,045 34,463  
Fixed Maturities, available-for-sale, Amortized Cost 40,352 38,652  
Corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Assets supporting experience-rated contractholder liabilities 67 67  
Asset-backed securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 18,331 17,134  
Fixed Maturities, available-for-sale, Amortized Cost 18,230 16,979  
Commercial mortgage-backed securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 9,581 9,273  
Fixed Maturities, available-for-sale, Amortized Cost 9,918 9,791  
Residential mortgage-backed securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 3,916 2,490  
Fixed Maturities, available-for-sale, Amortized Cost 4,076 2,698  
Fair Value, Measurements, Recurring      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 328,302 311,570  
Assets supporting experience-rated contractholder liabilities 4,282 3,707  
Market risk benefit assets 2,188 2,331  
Fixed maturities, trading 14,020 12,530  
Equity securities 7,434 9,417  
Commercial mortgage and other loans 726 702  
Other invested assets 2,761 2,553  
Short-term investments 5,953 8,595  
Cash equivalents 9,623 10,691  
Reinsurance recoverables and deposit receivables 634 849  
Separate account assets 167,818 166,672  
TOTAL ASSETS 543,741 529,617  
Market risk benefit liabilities 4,859 4,455  
Policyholders' account balances 15,289 12,746  
Reinsurance and funds withheld payables 27 (118)  
Other Liabilities 6,350 4,751  
Notes issued by consolidated VIEs 195 60  
Total liabilities 26,720 21,894  
Assets Netting (18,345) (20,093)  
Liabilities Netting (28,172) (28,141)  
Netting (9,827) (8,049)  
Fair Value, Measurements, Recurring | U.S. Treasury securities and obligations of U.S. government authorities and agencies      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 20,370 20,348  
Assets supporting experience-rated contractholder liabilities 236 220  
Fair Value, Measurements, Recurring | Obligations of U.S. states and their political subdivisions      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 5,513 6,104  
Fair Value, Measurements, Recurring | Foreign government securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 58,689 57,479  
Assets supporting experience-rated contractholder liabilities 635 539  
Fair Value, Measurements, Recurring | U.S. public corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 103,186 98,508  
Fair Value, Measurements, Recurring | U.S. private corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 45,683 43,789  
Fair Value, Measurements, Recurring | Foreign public corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 23,988 21,982  
Fair Value, Measurements, Recurring | Foreign private corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 39,045 34,463  
Fair Value, Measurements, Recurring | Corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Assets supporting experience-rated contractholder liabilities 67 67  
Fair Value, Measurements, Recurring | Asset-backed securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 18,331 17,134  
Fair Value, Measurements, Recurring | Commercial mortgage-backed securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 9,581 9,273  
Fair Value, Measurements, Recurring | Residential mortgage-backed securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 3,916 2,490  
Fair Value, Measurements, Recurring | Equity securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Assets supporting experience-rated contractholder liabilities 3,344 2,881  
Fair Value, Measurements, Recurring | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 0 0  
Assets supporting experience-rated contractholder liabilities 1,813 1,522  
Market risk benefit assets 0 0  
Fixed maturities, trading 0 0  
Equity securities 4,966 7,154  
Commercial mortgage and other loans 0 0  
Other invested assets 339 10  
Short-term investments 1,788 1,896  
Cash equivalents 638 326  
Reinsurance recoverables and deposit receivables 0 0  
Separate account assets 10,202 8,441  
TOTAL ASSETS 19,746 19,349  
Market risk benefit liabilities 0 0  
Policyholders' account balances 0 0  
Reinsurance and funds withheld payables 0 0  
Other Liabilities 236 28  
Notes issued by consolidated VIEs 0 0  
Total liabilities 236 28  
Fair Value, Measurements, Recurring | Level 1 | U.S. Treasury securities and obligations of U.S. government authorities and agencies      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 0 0  
Assets supporting experience-rated contractholder liabilities 0 0  
Fair Value, Measurements, Recurring | Level 1 | Obligations of U.S. states and their political subdivisions      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 0 0  
Fair Value, Measurements, Recurring | Level 1 | Foreign government securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 0 0  
Assets supporting experience-rated contractholder liabilities 0 0  
Fair Value, Measurements, Recurring | Level 1 | U.S. public corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 0 0  
Fair Value, Measurements, Recurring | Level 1 | U.S. private corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 0 0  
Fair Value, Measurements, Recurring | Level 1 | Foreign public corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 0 0  
Fair Value, Measurements, Recurring | Level 1 | Foreign private corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 0 0  
Fair Value, Measurements, Recurring | Level 1 | Corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Assets supporting experience-rated contractholder liabilities 0 0  
Fair Value, Measurements, Recurring | Level 1 | Asset-backed securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 0 0  
Fair Value, Measurements, Recurring | Level 1 | Commercial mortgage-backed securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 0 0  
Fair Value, Measurements, Recurring | Level 1 | Residential mortgage-backed securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 0 0  
Fair Value, Measurements, Recurring | Level 1 | Equity securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Assets supporting experience-rated contractholder liabilities 1,813 1,522  
Fair Value, Measurements, Recurring | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 317,304 303,393  
Assets supporting experience-rated contractholder liabilities 2,469 2,185  
Market risk benefit assets 0 0  
Fixed maturities, trading 11,930 10,544  
Equity securities 1,867 1,745  
Commercial mortgage and other loans 463 469  
Other invested assets 19,789 21,683  
Short-term investments 4,147 6,238  
Cash equivalents 8,984 10,365  
Reinsurance recoverables and deposit receivables 267 236  
Separate account assets 157,364 157,999  
TOTAL ASSETS 524,584 514,857  
Market risk benefit liabilities 0 0  
Policyholders' account balances 0 0  
Reinsurance and funds withheld payables 27 (118)  
Other Liabilities 34,271 32,863  
Notes issued by consolidated VIEs 0 0  
Total liabilities 34,298 32,745  
Fair Value, Measurements, Recurring | Level 2 | U.S. Treasury securities and obligations of U.S. government authorities and agencies      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 20,370 20,348  
Assets supporting experience-rated contractholder liabilities 236 220  
Fair Value, Measurements, Recurring | Level 2 | Obligations of U.S. states and their political subdivisions      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 5,508 6,098  
Fair Value, Measurements, Recurring | Level 2 | Foreign government securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 58,684 57,472  
Assets supporting experience-rated contractholder liabilities 635 539  
Fair Value, Measurements, Recurring | Level 2 | U.S. public corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 103,096 98,442  
Fair Value, Measurements, Recurring | Level 2 | U.S. private corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 40,990 39,848  
Fair Value, Measurements, Recurring | Level 2 | Foreign public corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 23,949 21,946  
Fair Value, Measurements, Recurring | Level 2 | Foreign private corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 37,207 32,675  
Fair Value, Measurements, Recurring | Level 2 | Corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Assets supporting experience-rated contractholder liabilities 67 67  
Fair Value, Measurements, Recurring | Level 2 | Asset-backed securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 14,920 15,654  
Fair Value, Measurements, Recurring | Level 2 | Commercial mortgage-backed securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 8,734 8,420  
Fair Value, Measurements, Recurring | Level 2 | Residential mortgage-backed securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 3,846 2,490  
Fair Value, Measurements, Recurring | Level 2 | Equity securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Assets supporting experience-rated contractholder liabilities 1,531 1,359  
Fair Value, Measurements, Recurring | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 10,998 8,177  
Assets supporting experience-rated contractholder liabilities 0 0  
Market risk benefit assets 2,188 2,331  
Fixed maturities, trading 2,090 1,986  
Equity securities 601 518  
Commercial mortgage and other loans 263 233  
Other invested assets 978 953  
Short-term investments 18 461  
Cash equivalents 1 0  
Reinsurance recoverables and deposit receivables 367 613  
Separate account assets 252 232  
TOTAL ASSETS 17,756 15,504  
Market risk benefit liabilities 4,859 4,455  
Policyholders' account balances 15,289 12,746  
Reinsurance and funds withheld payables 0 0  
Other Liabilities 15 1  
Notes issued by consolidated VIEs 195 60  
Total liabilities 20,358 17,262  
Fair Value, Measurements, Recurring | Level 3 | U.S. Treasury securities and obligations of U.S. government authorities and agencies      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 0 0  
Assets supporting experience-rated contractholder liabilities 0 0  
Fair Value, Measurements, Recurring | Level 3 | Obligations of U.S. states and their political subdivisions      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 5 6  
Fair Value, Measurements, Recurring | Level 3 | Foreign government securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 5 7  
Assets supporting experience-rated contractholder liabilities 0 0  
Fair Value, Measurements, Recurring | Level 3 | U.S. public corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 90 66  
Fair Value, Measurements, Recurring | Level 3 | U.S. private corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 4,693 3,941  
Fair Value, Measurements, Recurring | Level 3 | Foreign public corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 39 36  
Fair Value, Measurements, Recurring | Level 3 | Foreign private corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 1,838 1,788  
Fair Value, Measurements, Recurring | Level 3 | Corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Assets supporting experience-rated contractholder liabilities 0 0  
Fair Value, Measurements, Recurring | Level 3 | Asset-backed securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 3,411 1,480  
Fair Value, Measurements, Recurring | Level 3 | Commercial mortgage-backed securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 847 853  
Fair Value, Measurements, Recurring | Level 3 | Residential mortgage-backed securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 70 0  
Fair Value, Measurements, Recurring | Level 3 | Equity securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Assets supporting experience-rated contractholder liabilities 0 0  
Prudential Netting Agreement | U.S. private corporate securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fixed maturities, available-for-sale, at fair value 15,220 14,748  
Fixed Maturities, available-for-sale, Amortized Cost 15,220 14,748  
Other invested assets      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair value investment measured at NAV per share 5,173 5,021  
Separate account assets      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair value investment measured at NAV per share $ 26,943 $ 26,700  
[1] See Note 4 for details of balances associated with variable interest entities.
[2] See Note 20 for additional information regarding related party transactions.