v3.25.2
Deferred Policy Acquisition Costs (Balance of and Changes in DAC) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
Balance, BOP     $ 20,448  
Amortization expense [1] $ (407) $ (375) (814) $ (750)
Balance, EOP 21,222 20,564 21,222 20,564
Retirement Strategies | Individual Variable        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
Balance, BOP     3,713 3,676
Capitalization     327 193
Amortization expense     (236) (190)
Other adjustments     17 0
Foreign currency adjustment     0 0
Balance, EOP 3,821 3,679 3,821 3,679
Individual Life | Term Life Insurance        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
Balance, BOP     2,215 2,237
Capitalization     95 90
Amortization expense     (104) (104)
Other adjustments     0 (2)
Foreign currency adjustment     0 0
Balance, EOP 2,206 2,221 2,206 2,221
Individual Life | Variable Universal Life        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
Balance, BOP     4,878 5,364
Capitalization     326 338
Amortization expense     (117) (121)
Other adjustments     5 (280)
Foreign currency adjustment     0 0
Balance, EOP 5,092 5,301 5,092 5,301
International Businesses        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
Balance, BOP     9,304 9,351
Capitalization     603 561
Amortization expense     (344) (334)
Other adjustments     (214) (50)
Foreign currency adjustment     330 (462)
Balance, EOP 9,679 9,066 9,679 9,066
Total        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
Balance, BOP     20,110 20,628
Capitalization     1,351 1,182
Amortization expense     (801) (749)
Other adjustments     (192) (332)
Foreign currency adjustment     330 (462)
Balance, EOP 20,798 20,267 20,798 20,267
Other businesses        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
Balance, EOP $ 424 $ 297 $ 424 $ 297
[1] See Note 20 for additional information regarding related party transactions.