v3.25.4
Market Risk Benefits - Rollforward of market risk benefits (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Market Risk Benefit [Roll Forward]        
Balance, beginning of year $ 4,344 $ 4,870 $ 4,034  
Effect of changes in our own credit risk (1,390) (880) (1,160) $ 465
Balance, beginning of year, before effect of changes in our own credit risk 3,464 3,710 3,569  
Issuances 934 978 718  
Interest accrual 209 173 171  
Attributed fees 804 737 866  
Expected claims (68) (67) (94)  
Effect of changes in interest rates (264) (1,032) (152)  
Effect of changes in interest rate volatility (71) 1 (72)  
Effect of changes in equity markets (919) (1,128) (1,345)  
Effect of changes in equity index volatility 31 (2) (19)  
Actual outcome different from model expected outcome 260 7 195  
Effect of changes in future expected policyholder behavior 67 174 0  
Effect of changes in other future expected assumptions (24) (84) (124)  
Other, including foreign exchange 0 (3) (3)  
Balance, end of year before effect of changes in our own credit risk 4,423 3,464 3,710  
Effect of changes in our own credit risk 1,390 880 1,160 (465)
Effect of changes in counterparty credit risk     0  
Balance, end of year 5,813 4,344 4,870  
Less: Reinsured MRB, end of year (896) (60) (77)  
Net 4,917 4,284 4,793  
Combined        
Net amount at risk        
Net amount at risk 417 445 1,029  
GMDB only        
Net amount at risk        
Net amount at risk 604 702 918  
GMWB only        
Net amount at risk        
Net amount at risk 758 226 165  
Individual Retirement        
Market Risk Benefit [Roll Forward]        
Balance, beginning of year 3,757 3,128 2,059  
Effect of changes in our own credit risk (556) (224) (292) (17)
Balance, beginning of year, before effect of changes in our own credit risk 3,533 2,836 2,076  
Issuances 880 924 680  
Interest accrual 205 151 112  
Attributed fees 0 0 0  
Expected claims 0 0 0  
Effect of changes in interest rates (233) (463) (29)  
Effect of changes in interest rate volatility 18 (10) 4  
Effect of changes in equity markets (26) (4) (11)  
Effect of changes in equity index volatility 0 0 (1)  
Actual outcome different from model expected outcome 93 (67) 11  
Effect of changes in future expected policyholder behavior 76 148 (2)  
Effect of changes in other future expected assumptions 16 18 (4)  
Other, including foreign exchange 0 0 0  
Balance, end of year before effect of changes in our own credit risk 4,562 3,533 2,836  
Effect of changes in our own credit risk 556 224 292 17
Effect of changes in counterparty credit risk     0  
Balance, end of year 5,118 3,757 3,128  
Less: Reinsured MRB, end of year 0 0 0  
Net $ 5,118 $ 3,757 $ 3,128  
Net amount at risk        
Average attained age of contract holders 68 years 68 years 68 years  
Individual Retirement | Combined        
Net amount at risk        
Net amount at risk $ 56 $ 65 $ 54  
Individual Retirement | GMDB only        
Net amount at risk        
Net amount at risk 0 0 0  
Individual Retirement | GMWB only        
Net amount at risk        
Net amount at risk 695 210 152  
Group Retirement        
Market Risk Benefit [Roll Forward]        
Balance, beginning of year 278 308 296  
Effect of changes in our own credit risk (105) (69) (88) 24
Balance, beginning of year, before effect of changes in our own credit risk 209 220 272  
Issuances 48 53 37  
Interest accrual 16 13 15  
Attributed fees 59 60 63  
Expected claims (1) (2) (3)  
Effect of changes in interest rates (25) (76) (13)  
Effect of changes in interest rate volatility (4) 3 (3)  
Effect of changes in equity markets (43) (94) (109)  
Effect of changes in equity index volatility 5 0 (5)  
Actual outcome different from model expected outcome (18) 9 7  
Effect of changes in future expected policyholder behavior (9) 26 1  
Effect of changes in other future expected assumptions 4 0 (39)  
Other, including foreign exchange 0 (3) (3)  
Balance, end of year before effect of changes in our own credit risk 241 209 220  
Effect of changes in our own credit risk 105 69 88 (24)
Effect of changes in counterparty credit risk     0  
Balance, end of year 346 278 308  
Less: Reinsured MRB, end of year 0 0 0  
Net $ 346 $ 278 $ 308  
Net amount at risk        
Average attained age of contract holders 64 years 64 years 64 years  
Group Retirement | Combined        
Net amount at risk        
Net amount at risk $ 12 $ 12 $ 18  
Group Retirement | GMDB only        
Net amount at risk        
Net amount at risk 94 118 160  
Group Retirement | GMWB only        
Net amount at risk        
Net amount at risk 63 16 13  
Corporate & Other        
Market Risk Benefit [Roll Forward]        
Balance, beginning of year 309 1,434 1,679  
Effect of changes in our own credit risk (729) (587) (780) (458)
Balance, beginning of year, before effect of changes in our own credit risk (278) 654 1,221  
Issuances 6 1 1  
Interest accrual (12) 9 44  
Attributed fees 745 677 803  
Expected claims (67) (65) (91)  
Effect of changes in interest rates (6) (493) (110)  
Effect of changes in interest rate volatility (85) 8 (73)  
Effect of changes in equity markets (850) (1,030) (1,225)  
Effect of changes in equity index volatility 26 (2) (13)  
Actual outcome different from model expected outcome 185 65 177  
Effect of changes in future expected policyholder behavior 0 0 1  
Effect of changes in other future expected assumptions (44) (102) (81)  
Other, including foreign exchange 0 0 0  
Balance, end of year before effect of changes in our own credit risk (380) (278) 654  
Effect of changes in our own credit risk 729 587 780 $ 458
Effect of changes in counterparty credit risk     0  
Balance, end of year 349 309 1,434  
Less: Reinsured MRB, end of year (896) (60) (77)  
Net $ (547) $ 249 $ 1,357  
Net amount at risk        
Average attained age of contract holders 73 years 72 years 71 years  
Corporate & Other | Combined        
Net amount at risk        
Net amount at risk $ 349 $ 368 $ 957  
Corporate & Other | GMDB only        
Net amount at risk        
Net amount at risk 510 584 758  
Corporate & Other | GMWB only        
Net amount at risk        
Net amount at risk $ 0 $ 0 $ 0