v3.25.4
Policyholder Contract Deposits and Other Policyholder Funds - Rollforward of policyholder contract deposit (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Policyholder Account Balance [Roll Forward]      
Policyholder contract deposits account balance, beginning of year $ 176,215 $ 163,408 $ 158,494
Reclassification due to reinsurance recapture   0  
Deposits 34,906 34,735 29,029
Policy charges (3,007) (2,880) (2,972)
Surrenders and withdrawals (25,892) (26,575) (23,406)
Benefit payments (8,333) (8,667) (9,274)
Net transfers from (to) separate account 9,758 9,622 7,117
Interest credited 7,484 6,596 4,417
Other, including foreign exchange (7) (24) 3
Policyholder contract deposits account balance, end of year 191,124 176,215 163,408
Other reconciling items (2,248) (2,520) (1,358)
Policyholder contract deposits 188,876 173,695 162,050
Cash surrender value 160,640 149,753 142,216
Fair value of embedded derivatives 1,900 859 1,500
Individual Retirement      
Policyholder Account Balance [Roll Forward]      
Policyholder contract deposits account balance, beginning of year 100,230 89,113 83,247
Reclassification due to reinsurance recapture   0  
Deposits 20,641 21,219 16,340
Policy charges (233) (182) (149)
Surrenders and withdrawals (10,597) (10,846) (9,683)
Benefit payments (2,765) (2,877) (2,718)
Net transfers from (to) separate account 0 0 0
Interest credited 4,559 3,822 2,101
Other, including foreign exchange (33) (19) (25)
Policyholder contract deposits account balance, end of year 111,802 100,230 89,113
Other reconciling items (2,209) (2,258) (1,429)
Policyholder contract deposits $ 109,593 $ 97,972 $ 87,684
Weighted average crediting rate 3.63% 3.29% 2.82%
Cash surrender value $ 104,997 $ 93,083 $ 83,176
Group Retirement      
Policyholder Account Balance [Roll Forward]      
Policyholder contract deposits account balance, beginning of year 39,246 41,299 43,395
Reclassification due to reinsurance recapture   0  
Deposits 4,715 4,840 5,352
Policy charges (507) (511) (477)
Surrenders and withdrawals (8,687) (9,271) (8,310)
Benefit payments (2,176) (2,274) (2,518)
Net transfers from (to) separate account 4,539 4,076 2,705
Interest credited 1,276 1,298 1,141
Other, including foreign exchange 1 (211) 11
Policyholder contract deposits account balance, end of year 38,407 39,246 41,299
Other reconciling items (270) (307) (230)
Policyholder contract deposits $ 38,137 $ 38,939 $ 41,069
Weighted average crediting rate 3.25% 3.15% 2.91%
Cash surrender value $ 37,527 $ 38,283 $ 40,210
Life Insurance      
Policyholder Account Balance [Roll Forward]      
Policyholder contract deposits account balance, beginning of year 10,338 10,231 10,224
Reclassification due to reinsurance recapture   0  
Deposits 1,606 1,636 1,632
Policy charges (1,496) (1,508) (1,524)
Surrenders and withdrawals (292) (309) (256)
Benefit payments (254) (277) (281)
Net transfers from (to) separate account 33 27 3
Interest credited 480 519 413
Other, including foreign exchange 25 19 20
Policyholder contract deposits account balance, end of year 10,440 10,338 10,231
Other reconciling items 95 56 208
Policyholder contract deposits $ 10,535 $ 10,394 $ 10,439
Weighted average crediting rate 4.47% 4.49% 4.41%
Cash surrender value $ 9,332 $ 9,147 $ 9,026
Institutional Markets      
Policyholder Account Balance [Roll Forward]      
Policyholder contract deposits account balance, beginning of year 18,026 13,649 11,734
Reclassification due to reinsurance recapture   14  
Deposits 6,079 5,449 3,813
Policy charges (79) (69) (67)
Surrenders and withdrawals (254) (110) (722)
Benefit payments (1,701) (1,809) (2,405)
Net transfers from (to) separate account (281) 20 792
Interest credited 951 717 507
Other, including foreign exchange (9) 179 (3)
Policyholder contract deposits account balance, end of year 22,746 18,026 13,649
Other reconciling items 137 (11) 93
Policyholder contract deposits $ 22,883 $ 18,015 $ 13,742
Weighted average crediting rate 4.78% 4.63% 4.08%
Cash surrender value $ 2,620 $ 2,594 $ 2,583
Corporate & Other      
Policyholder Account Balance [Roll Forward]      
Policyholder contract deposits account balance, beginning of year 8,375 9,116 9,894
Reclassification due to reinsurance recapture   (14)  
Deposits 1,865 1,591 1,892
Policy charges (692) (610) (755)
Surrenders and withdrawals (6,062) (6,039) (4,435)
Benefit payments (1,437) (1,430) (1,352)
Net transfers from (to) separate account 5,467 5,499 3,617
Interest credited 218 240 255
Other, including foreign exchange 9 8 0
Policyholder contract deposits account balance, end of year 7,729 8,375 9,116
Other reconciling items (1) 0 0
Policyholder contract deposits $ 7,728 $ 8,375 $ 9,116
Weighted average crediting rate 2.75% 2.78% 2.70%
Cash surrender value $ 6,164 $ 6,646 $ 7,221