v3.25.2
Segments - Operating Revenues (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]        
Total revenues $ 1,981 $ 2,033 $ 3,950 $ 4,084
Net investment income 584 518 1,144 1,047
Net gains (losses) (41) (4) (75) 39
Net investment income 43 114 75 192
Other expense 14 8 22 9
Net Income (Loss) Attributable to Noncontrolling Interest (5) 30 (10) 67
Dividends, Preferred Stock 4 4 21 21
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 188 276 361 563
Operating Segments        
Segment Reporting Information [Line Items]        
Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax     545 518
Adjusted operating earnings before income taxes     521 494
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest     24 24
Operating Segments | Corporate        
Segment Reporting Information [Line Items]        
Adjusted operating earnings before income taxes     (131) (118)
Operating Segments | Health Solutions Segment        
Segment Reporting Information [Line Items]        
Net commissions 44 51 89 102
Adjusted operating earnings before income taxes 69 60 115 119
Net investment income 39 34 75 73
Net gains (losses) (2) 0 (3) 1
External customer revenue 795 860 1,602 1,727
Net investment income 0 0 0 0
Intersegment Fee income and elimination 0 0 0 0
Other Nonrecurring (Income) Expense 0 (2) (1) (3)
Adjusted operating revenues 832 892 1,673 1,798
Interest Credited to Policy Owner Account 529 591 1,081 1,204
Administrative Fees Expense 132 131 271 265
Deferred Policy Acquisition Cost, Amortization Expense, Other 7 8 16 17
Financing Costs And Dividends, Preferred Stock 0 0 0 0
Other expense 0 0 0 0
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest 0 0 0 0
Operating Segments | Investment Management Segment        
Segment Reporting Information [Line Items]        
Net commissions 0 0 0 0
Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax 65 64 118 117
Adjusted operating earnings before income taxes 51 50 92 92
Net investment income 8 4 16 9
Net gains (losses) (1) 2 (2) 1
External customer revenue 223 217 446 435
Net investment income 37 114 73 192
Intersegment Fee income and elimination 21 19 43 39
Other Nonrecurring (Income) Expense (49) (122) (94) (208)
Adjusted operating revenues 239 234 482 468
Interest Credited to Policy Owner Account 0 0 0 0
Administrative Fees Expense 174 169 364 351
Noninterest Income 0 0 0 0
Deferred Policy Acquisition Cost, Amortization Expense, Other 0 0 0 0
Financing Costs And Dividends, Preferred Stock 0 0 0 0
Other expense 0 0 0 0
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest 14 14 26 26
Operating Segments | Wealth Solutions Segment        
Segment Reporting Information [Line Items]        
Net commissions 71 62 142 124
Adjusted operating earnings before income taxes 235 214 442 400
Net investment income 498 439 969 881
Net gains (losses) (61) 5 (93) 43
External customer revenue 380 330 761 644
Net investment income 0 0 0 0
Intersegment Fee income and elimination 0 0 0 0
Other Nonrecurring (Income) Expense 7 (44) (15) (118)
Adjusted operating revenues 824 730 1,622 1,450
Interest Credited to Policy Owner Account 232 213 463 429
Administrative Fees Expense 259 220 519 454
Noninterest Income 0 0 0 0
Deferred Policy Acquisition Cost, Amortization Expense, Other 28 21 55 43
Financing Costs And Dividends, Preferred Stock 0 0 0 0
Other expense 0 0 0 0
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest 0 0 0 0
Adjustments        
Segment Reporting Information [Line Items]        
Investment Gains (Losses) and Other Related Adjustments (38) 16 (44) 62
Disposal Group, Including Discontinued Operation, Revenue 30 13 58 37
Revenues Attributable to Noncontrolling Interest 35 102 60 167
Other Operating Income 54 42 87 93
Gain (Loss) on Investments   20 (31) 84
Gain (Loss) on Disposition of Business   (37) (69) (69)
Segment Reporting, Reconciling Item, Corporate Nonsegment        
Segment Reporting Information [Line Items]        
Total revenues       4,084
Net commissions 0 0 0 0
Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax (67) (54)    
Adjusted operating earnings before income taxes (67) (53) (129) (117)
Net investment income 39 41 84 84
Net gains (losses) 23 (11) 23 (6)
External customer revenue (3) (2) (3) 0
Net investment income 6 0 2 0
Intersegment Fee income and elimination (21) (19) (43) (39)
Other Nonrecurring (Income) Expense (39) (5) (52) (31)
Adjusted operating revenues 5 4 11 9
Interest Credited to Policy Owner Account 0 0 0 0
Administrative Fees Expense 0 0 0 0
Noninterest Income 0 0 0 0
Deferred Policy Acquisition Cost, Amortization Expense, Other 0 0 0 0
Financing Costs And Dividends, Preferred Stock 32 33 80 78
Other expense 40 26 62 49
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest (1) (1) (2) (2)
Operating Segments And Corporate Non Segment        
Segment Reporting Information [Line Items]        
Net commissions 115 113 231 226
Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax 302 284    
Gain (Loss) on Investments (29)      
Gain (Loss) on Disposition of Business (30)      
Adjusted operating earnings before income taxes 289 271    
Net investment income 584 518 1,144 1,047
Net gains (losses) (41) (4) (75) 39
External customer revenue 1,395 1,405 2,806 2,806
Net investment income 43 114 75 192
Intersegment Fee income and elimination 0 0 0 0
Other Nonrecurring (Income) Expense (81) (173) (162) (360)
Adjusted operating revenues 1,900 1,860 3,788 3,724
Interest Credited to Policy Owner Account 761 804 1,544 1,633
Administrative Fees Expense 565 520 1,154 1,070
Noninterest Income 50 50 101 91
Deferred Policy Acquisition Cost, Amortization Expense, Other 35 29 $ 71 $ 60
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest $ 13 $ 13