v3.25.2
Policyholders' Account Balances (Changes in Policyholders' Account Balances) (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
Additional Liability, Long-Duration Insurance [Roll Forward]          
Interest credited to policyholders’ account balances $ 1,138 $ 1,102 $ 1,963 $ 2,385  
Total Policyholders' account balance 180,931 154,991 180,931 154,991  
Closed Block Division 4,293 4,424 4,293 4,424 $ 4,359
Unearned revenue reserve, unearned expense credit, and additional interest reserve 6,429 5,622 6,429 5,622  
Other $ 4,428 $ 4,168 $ 4,428 $ 4,168  
Weighted-average crediting rate 2.38% 3.23% 2.38% 3.23%  
Net amount at risk $ 513,776 $ 487,473 $ 513,776 $ 487,473  
Cash Surrender Value 151,140 126,715 151,140 126,715  
International Businesses          
Additional Liability, Long-Duration Insurance [Roll Forward]          
Balance, beginning of period     54,270 51,399  
Deposits     4,971 4,255  
Interest credited to policyholders’ account balances     686 1,068  
Acquisitions and Dispositions     0 (336)  
Policy charges     (296) (305)  
Surrenders and withdrawals     (672) (1,036)  
Benefit payments     (1,159) (1,257)  
Net transfers (to) from separate account     0 0  
Change in market value and other adjustments     (10) (25)  
Foreign currency adjustment     1,585 (2,301)  
Balance, end of period $ 59,375 $ 51,462 $ 59,375 $ 51,462  
Weighted-average crediting rate 2.42% 4.15% 2.42% 4.15%  
Net amount at risk $ 30,967 $ 24,055 $ 30,967 $ 24,055  
Cash Surrender Value 52,544 45,343 52,544 45,343  
Total          
Additional Liability, Long-Duration Insurance [Roll Forward]          
Balance, beginning of period     152,033 132,729  
Deposits     18,040 16,006  
Interest credited to policyholders’ account balances     1,888 2,207  
Acquisitions and Dispositions     0 (336)  
Policy charges     (1,551) (1,510)  
Surrenders and withdrawals     (6,313) (6,000)  
Benefit payments     (1,698) (1,693)  
Net transfers (to) from separate account     335 328  
Change in market value and other adjustments     1,462 1,347  
Foreign currency adjustment     1,585 (2,301)  
Balance, end of period 165,781 140,777 165,781 140,777  
Institutional          
Additional Liability, Long-Duration Insurance [Roll Forward]          
Total Policyholders' account balance 10,486 9,422 10,486 9,422  
Policyholder Account Balance, Surrender       0  
Institutional | Retirement Strategies          
Additional Liability, Long-Duration Insurance [Roll Forward]          
Balance, beginning of period     19,088 17,738  
Deposits     4,806 3,466  
Interest credited to policyholders’ account balances     404 356  
Acquisitions and Dispositions     0 0  
Policy charges     (5) (6)  
Surrenders and withdrawals     (2,855) (2,514)  
Benefit payments     (323) (292)  
Net transfers (to) from separate account     0 0  
Change in market value and other adjustments     0 1  
Foreign currency adjustment     0 0  
Balance, end of period $ 21,115 $ 18,749 $ 21,115 $ 18,749  
Weighted-average crediting rate 4.02% 3.90% 4.02% 3.90%  
Net amount at risk $ 0 $ 0 $ 0 $ 0  
Cash Surrender Value 21,115 18,749 21,115 18,749  
Individual Variable          
Additional Liability, Long-Duration Insurance [Roll Forward]          
Total Policyholders' account balance 3,261 3,780 3,261 3,780  
Individual Variable | Retirement Strategies          
Additional Liability, Long-Duration Insurance [Roll Forward]          
Balance, beginning of period     34,085 23,765  
Deposits     3,869 3,755  
Interest credited to policyholders’ account balances     349 224  
Acquisitions and Dispositions     0 0  
Policy charges     (34) (12)  
Surrenders and withdrawals     (556) (442)  
Benefit payments     (38) (38)  
Net transfers (to) from separate account     41 49  
Change in market value and other adjustments     917 1,171  
Foreign currency adjustment     0 0  
Balance, end of period $ 38,633 $ 28,472 $ 38,633 $ 28,472  
Weighted-average crediting rate 1.92% 1.71% 1.92% 1.71%  
Net amount at risk $ 0 $ 0 $ 0 $ 0  
Cash Surrender Value 37,231 26,972 37,231 26,972  
Individual Fixed          
Additional Liability, Long-Duration Insurance [Roll Forward]          
Total Policyholders' account balance 6,689 4,412 6,689 4,412  
Individual Fixed | Retirement Strategies          
Additional Liability, Long-Duration Insurance [Roll Forward]          
Balance, beginning of period     12,020 7,095  
Deposits     2,538 2,815  
Interest credited to policyholders’ account balances     183 105  
Acquisitions and Dispositions     0 0  
Policy charges     (24) 0  
Surrenders and withdrawals     (455) (338)  
Benefit payments     (69) (37)  
Net transfers (to) from separate account     0 0  
Change in market value and other adjustments     60 125  
Foreign currency adjustment     0 0  
Balance, end of period $ 14,253 $ 9,765 $ 14,253 $ 9,765  
Weighted-average crediting rate 2.78% 2.49% 2.78% 2.49%  
Net amount at risk $ 0 $ 0 $ 0 $ 0  
Cash Surrender Value 12,529 8,193 12,529 8,193  
Life/Disability | Group Insurance          
Additional Liability, Long-Duration Insurance [Roll Forward]          
Balance, beginning of period     4,974 5,293  
Deposits     483 491  
Interest credited to policyholders’ account balances     67 75  
Acquisitions and Dispositions     0 0  
Policy charges     (168) (164)  
Surrenders and withdrawals     (842) (849)  
Benefit payments     0 0  
Net transfers (to) from separate account     (13) (6)  
Change in market value and other adjustments     0 0  
Foreign currency adjustment     0 0  
Balance, end of period $ 4,501 $ 4,840 $ 4,501 $ 4,840  
Weighted-average crediting rate 2.81% 2.96% 2.81% 2.96%  
Net amount at risk $ 74,475 $ 74,276 $ 74,475 $ 74,276  
Cash Surrender Value 3,668 3,794 3,668 3,794  
Variable Universal Life          
Additional Liability, Long-Duration Insurance [Roll Forward]          
Total Policyholders' account balance 23,603 23,893 23,603 23,893  
Variable Universal Life | Individual Life          
Additional Liability, Long-Duration Insurance [Roll Forward]          
Balance, beginning of period     27,596 27,439  
Deposits     1,373 1,224  
Interest credited to policyholders’ account balances     199 379  
Acquisitions and Dispositions     0 0  
Policy charges     (1,024) (1,023)  
Surrenders and withdrawals     (933) (821)  
Benefit payments     (109) (69)  
Net transfers (to) from separate account     307 285  
Change in market value and other adjustments     495 75  
Foreign currency adjustment     0 0  
Balance, end of period $ 27,904 $ 27,489 $ 27,904 $ 27,489  
Weighted-average crediting rate 1.44% 2.76% 1.44% 2.76%  
Net amount at risk $ 408,334 $ 389,142 $ 408,334 $ 389,142  
Cash Surrender Value 24,053 23,664 24,053 23,664  
Full Service | Corporate and Other          
Additional Liability, Long-Duration Insurance [Roll Forward]          
Reinsurance and other recoverable $ 5,004 $ 5,268 $ 5,004 $ 5,268