v3.25.4
Equity - Schedule of OCI reclassification adjustments (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Other Comprehensive Income (Loss) Reclassification Adjustments      
Unrealized change arising during period     $ 3,580
Less: Reclassification adjustments included in net income     (344)
Total other comprehensive income (loss), before income tax expense (benefit)     3,924
Less: Income tax expense (benefit)     508
Other comprehensive income (loss) $ 4,230 $ (177) 3,416
Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which allowance for credit losses was Taken      
Other Comprehensive Income (Loss) Reclassification Adjustments      
Unrealized change arising during period 17 26 0
Less: Reclassification adjustments included in net income 0 (20) (17)
Total other comprehensive income (loss), before income tax expense (benefit) 17 46 17
Less: Income tax expense (benefit) 3 10 4
Other comprehensive income (loss) 14 36 13
Unrealized Appreciation (Depreciation) of All Other Investments      
Other Comprehensive Income (Loss) Reclassification Adjustments      
Unrealized change arising during period 4,575 (2,972) 5,281
Less: Reclassification adjustments included in net income (1,084) (1,235) (334)
Total other comprehensive income (loss), before income tax expense (benefit) 5,659 (1,737) 5,615
Less: Income tax expense (benefit) 1,086 (197) 885
Other comprehensive income (loss) 4,573 (1,540) 4,730
Change in fair value of market risk benefits attributable to changes in our own credit risk      
Other Comprehensive Income (Loss) Reclassification Adjustments      
Unrealized change arising during period (545) 280 (695)
Less: Reclassification adjustments included in net income 0 0 0
Total other comprehensive income (loss), before income tax expense (benefit) (545) 280 (695)
Less: Income tax expense (benefit) (119) 61 (151)
Other comprehensive income (loss) (426) 219 (544)
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts      
Other Comprehensive Income (Loss) Reclassification Adjustments      
Unrealized change arising during period (83) 1,816 (1,029)
Less: Reclassification adjustments included in net income 33 246 0
Total other comprehensive income (loss), before income tax expense (benefit) (116) 1,570 (1,029)
Less: Income tax expense (benefit) (24) 323 (216)
Other comprehensive income (loss) (92) 1,247 (813)
Cash flow hedges      
Other Comprehensive Income (Loss) Reclassification Adjustments      
Unrealized change arising during period 144 (246) (16)
Less: Reclassification adjustments included in net income 0 0 0
Total other comprehensive income (loss), before income tax expense (benefit) 144 (246) (16)
Less: Income tax expense (benefit) 32 (53) (5)
Other comprehensive income (loss) 112 (193) (11)
Foreign currency translation adjustments      
Other Comprehensive Income (Loss) Reclassification Adjustments      
Unrealized change arising during period 56 (2) 39
Less: Reclassification adjustments included in net income 0 (67) 0
Total other comprehensive income (loss), before income tax expense (benefit) 56 65 39
Less: Income tax expense (benefit) 7 11 (9)
Other comprehensive income (loss) 49 54 48
Retirement Plan Liabilities Adjustment      
Other Comprehensive Income (Loss) Reclassification Adjustments      
Unrealized change arising during period 0 0 0
Less: Reclassification adjustments included in net income 0 0 7
Total other comprehensive income (loss), before income tax expense (benefit) 0 0 (7)
Less: Income tax expense (benefit) 0 0 0
Other comprehensive income (loss) 0 0 (7)
Total      
Other Comprehensive Income (Loss) Reclassification Adjustments      
Unrealized change arising during period 4,164 (1,098)  
Less: Reclassification adjustments included in net income (1,051) (1,076)  
Total other comprehensive income (loss), before income tax expense (benefit) 5,215 (22)  
Less: Income tax expense (benefit) 985 155 508
Other comprehensive income (loss) $ 4,230 $ (177) $ 3,416