v3.25.4
MRBs - Summary of Balances of Changes in Net MRB (Assets) Liabilities (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Market Risk Benefit [Roll Forward]    
Balance as of beginning-of-year $ (3,814)  
Balance as of end-of-year (3,635) $ (3,814)
Variable Annuities    
Market Risk Benefit [Roll Forward]    
Balance as of beginning-of-year (3,804) (2,180)
Balance as of beginning-of-year, before the effect of changes in non-performance risk (3,651) (881)
Issuances 14 6
Attributed fees collected 1,481 1,520
Benefit payments (26) (34)
Effect of changes in interest rates (520) (1,918)
Effect of changes in equity markets (1,962) (2,277)
Effect of changes in equity index volatility 66 (88)
In-force updates and other changes in MRBs 470 213
Effect of changes in future expected policyholder behavior 37 7
Effect of changes in future expected assumptions 10 (199)
Balance as of end-of-year, before the effect of changes in non-performance risk (4,081) (3,651)
Effect of cumulative changes in non-performance risk 366 (153)
Balance as of end-of-year (3,715) (3,804)
Less: Ceded MRB assets (liabilities) (2,854) (2,736)
Balance as of end-of-year, net of reinsurance $ (861) $ (1,068)
Weighted-average age of policyholders (years) 73 years 73 years
Net amount at risk $ 1,639 $ 1,962
Variable Annuities | Cumulative Effect, Period of Adoption, Adjustment    
Market Risk Benefit [Roll Forward]    
Balance as of beginning-of-year (153) (1,299)
Balance as of end-of-year   (153)
Fixed Annuities    
Market Risk Benefit [Roll Forward]    
Balance as of beginning-of-year 32 32
Balance as of beginning-of-year, before the effect of changes in non-performance risk 65 90
Issuances 0 0
Attributed fees collected 30 31
Benefit payments 0 0
Effect of changes in interest rates 32 (70)
Effect of changes in equity markets (8) (16)
Effect of changes in equity index volatility 7 (5)
In-force updates and other changes in MRBs 19 6
Effect of changes in future expected policyholder behavior 15 11
Effect of changes in future expected assumptions 0 18
Balance as of end-of-year, before the effect of changes in non-performance risk 160 65
Effect of cumulative changes in non-performance risk (36) (33)
Balance as of end-of-year 124 32
Less: Ceded MRB assets (liabilities) 0 0
Balance as of end-of-year, net of reinsurance $ 124 $ 32
Weighted-average age of policyholders (years) 70 years 70 years
Net amount at risk $ 354 $ 240
Fixed Annuities | Cumulative Effect, Period of Adoption, Adjustment    
Market Risk Benefit [Roll Forward]    
Balance as of beginning-of-year (33) (58)
Balance as of end-of-year   (33)
Retirement Plan Services    
Market Risk Benefit [Roll Forward]    
Balance as of beginning-of-year (42) (30)
Balance as of beginning-of-year, before the effect of changes in non-performance risk (42) (26)
Issuances 0 0
Attributed fees collected 8 8
Benefit payments 0 0
Effect of changes in interest rates (7) (18)
Effect of changes in equity markets (7) (8)
Effect of changes in equity index volatility 0 0
In-force updates and other changes in MRBs 3 8
Effect of changes in future expected policyholder behavior (1) 0
Effect of changes in future expected assumptions 1 (6)
Balance as of end-of-year, before the effect of changes in non-performance risk (45) (42)
Effect of cumulative changes in non-performance risk 1 0
Balance as of end-of-year (44) (42)
Less: Ceded MRB assets (liabilities) (11) (13)
Balance as of end-of-year, net of reinsurance $ (33) $ (29)
Weighted-average age of policyholders (years) 63 years 63 years
Net amount at risk $ 2 $ 3
Retirement Plan Services | Cumulative Effect, Period of Adoption, Adjustment    
Market Risk Benefit [Roll Forward]    
Balance as of beginning-of-year $ 0 (4)
Balance as of end-of-year   $ 0