v3.25.2
Liability For Future Policy Benefits (Deferred Profit Liability) (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Dec. 31, 2023
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]            
Other adjustments [1] $ 175 $ 176 $ 225 $ 193    
Total balance after reinsurance recoverable 181,091 175,973 181,091 175,973    
Deferred profit liability            
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]            
Total balance after reinsurance recoverable 15,369 14,473 15,369 14,473    
International Businesses            
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]            
Effect of assumption update         $ (1,013) $ (513)
Effect of actual variances from expected experience and other activity         (563) (1,362)
Adjusted balance, BOP         151,743 164,901
Interest accrual     2,365 2,371    
Foreign currency adjustment     (7,245) 11,173    
Other adjustments     171 162    
Balance, EOP, pre-flooring 90,326 88,821 90,326 88,821    
Flooring impact, EOP 80 44 80 44    
Balance, EOP, post-flooring 90,406 88,865 90,406 88,865    
Less: Reinsurance recoverables 341 345 341 345    
Total balance after reinsurance recoverable 90,065 88,520 90,065 88,520    
International Businesses | Deferred profit liability            
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]            
Balance, BOP, post-flooring     9,354 9,259    
Flooring impact, BOP     2 2    
Balance, BOP, pre-flooring     9,352 9,257    
Effect of assumption update         (58) (288)
Effect of actual variances from expected experience and other activity         2 (46)
Adjusted balance, BOP         9,296 8,923
Profits deferred     1,265 1,346    
Interest accrual     172 157    
Amortization     (1,055) (1,062)    
Foreign currency adjustment     353 (492)    
Other adjustments     25 17    
Balance, EOP, pre-flooring 10,056 8,889 10,056 8,889    
Flooring impact, EOP 3 2 3 2    
Balance, EOP, post-flooring 10,059 8,891 10,059 8,891    
Less: Reinsurance recoverables 45 39 45 39    
Total balance after reinsurance recoverable 10,014 8,852 10,014 8,852    
Total            
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]            
Effect of assumption update         (1,069) (1,367)
Effect of actual variances from expected experience and other activity         (802) (933)
Adjusted balance, BOP         355,970 353,290
Interest accrual     6,682 6,147    
Foreign currency adjustment     (16,147) 12,081    
Other adjustments     200 89    
Balance, EOP, pre-flooring 185,323 180,491 185,323 180,491    
Flooring impact, EOP 186 90 186 90    
Balance, EOP, post-flooring 185,509 180,581 185,509 180,581    
Less: Reinsurance recoverables 5,956 6,114 5,956 6,114    
Total balance after reinsurance recoverable 179,553 174,467 179,553 174,467    
Total | Deferred profit liability            
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]            
Balance, BOP, post-flooring     15,024 14,874    
Flooring impact, BOP     2 2    
Balance, BOP, pre-flooring     15,022 14,872    
Effect of assumption update         (131) 82
Effect of actual variances from expected experience and other activity         32 (76)
Adjusted balance, BOP         14,923 14,878
Profits deferred     1,350 1,435    
Interest accrual     288 275    
Amortization     (1,343) (1,354)    
Foreign currency adjustment     379 (494)    
Other adjustments     25 17    
Balance, EOP, pre-flooring 15,622 14,757 15,622 14,757    
Flooring impact, EOP 3 2 3 2    
Balance, EOP, post-flooring 15,625 14,759 15,625 14,759    
Less: Reinsurance recoverables 421 440 421 440    
Total balance after reinsurance recoverable 15,204 14,319 15,204 14,319    
Other Segments            
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]            
Less: Reinsurance recoverables 58 63 58 63    
Total balance after reinsurance recoverable 1,538 1,506 1,538 1,506    
Other Segments | Deferred profit liability            
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]            
Total balance after reinsurance recoverable 165 154 165 154    
Institutional | Retirement Strategies            
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]            
Effect of assumption update         322 (481)
Effect of actual variances from expected experience and other activity         (120) 483
Adjusted balance, BOP         171,868 155,888
Interest accrual     3,541 3,003    
Foreign currency adjustment     (8,902) 908    
Other adjustments     30 (63)    
Balance, EOP, pre-flooring 78,210 75,194 78,210 75,194    
Flooring impact, EOP 106 46 106 46    
Balance, EOP, post-flooring 78,316 75,240 78,316 75,240    
Less: Reinsurance recoverables 5,039 5,098 5,039 5,098    
Total balance after reinsurance recoverable 73,277 70,142 73,277 70,142    
Institutional | Retirement Strategies | Deferred profit liability            
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]            
Balance, BOP, post-flooring     5,670 5,615    
Flooring impact, BOP     0 0    
Balance, BOP, pre-flooring     5,670 5,615    
Effect of assumption update         (73) 370
Effect of actual variances from expected experience and other activity         30 (30)
Adjusted balance, BOP         $ 5,627 $ 5,955
Profits deferred     85 89    
Interest accrual     116 118    
Amortization     (288) (292)    
Foreign currency adjustment     26 2    
Other adjustments     0 0    
Balance, EOP, pre-flooring 5,566 5,868 5,566 5,868    
Flooring impact, EOP 0 0 0 0    
Balance, EOP, post-flooring 5,566 5,868 5,566 5,868    
Less: Reinsurance recoverables 376 401 376 401    
Total balance after reinsurance recoverable $ 5,190 $ 5,467 $ 5,190 $ 5,467    
[1] See Note 20 for additional information regarding related party transactions.