v3.25.4
Future Contract Benefits - Summary of Changes in Present Values of Expected Net Premiums and LFPB (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Present Value of Expected Future Policy Benefits      
Net balance as of end-of-period $ 42,360 $ 40,002  
Reduction in liability, due to the net effect of changes in the cash flow assumptions 161 102  
Payout Annuities      
Present Value of Expected Net Premiums      
Balance as of beginning-of-year 0 0  
Beginning balance at original discount rate 0 0  
Effect of changes in cash flow assumptions   0 $ 0
Effect of actual variances from expected experience   0 0
Adjusted balance as of beginning-of-year 0 0  
Issuances 0 0  
Interest accrual 0 0  
Net premiums collected 0 0  
Flooring impact of LFPB 0 0  
Ending balance at original discount rate 0 0  
Effect of cumulative changes in discount rate assumptions 0 0  
Balance as of end-of-period 0 0  
Present Value of Expected Future Policy Benefits      
Balance as of beginning-of-year 2,008 2,084  
Beginning balance at original discount rate 2,259 2,271  
Effect of changes in cash flow assumptions   (8) 0
Effect of actual variances from expected experience   (13) 3
Adjusted balance as of beginning-of-year   2,238 2,274
Issuances 98 102  
Interest accrual 88 87  
Benefit payments (206) (204)  
Ending balance at original discount rate 2,218 2,259  
Effect of cumulative changes in discount rate assumptions (182) (251)  
Balance as of end-of-period 2,036 2,008  
Net balance as of end-of-period 2,036 2,008  
Less: reinsurance recoverables 1,451 1,488  
Net balance as of end-of-period, net of reinsurance $ 585 $ 520  
Weighted-average duration of future policyholder benefit liability 8 years 9 years  
Deferred profit liability $ 92 $ 62 56
Payout Annuities | Cumulative effect from adoption of new accounting standards      
Present Value of Expected Net Premiums      
Balance as of beginning-of-year 0 0  
Balance as of end-of-period   0  
Present Value of Expected Future Policy Benefits      
Balance as of beginning-of-year (251) (187)  
Balance as of end-of-period   (251)  
Traditional Life      
Present Value of Expected Net Premiums      
Balance as of beginning-of-year 5,751 6,084  
Beginning balance at original discount rate 6,028 6,236  
Effect of changes in cash flow assumptions   (396) (3)
Effect of actual variances from expected experience   (38) (45)
Adjusted balance as of beginning-of-year 5,594 6,188  
Issuances 282 361  
Interest accrual 233 245  
Net premiums collected (728) (766)  
Flooring impact of LFPB (3) 0  
Ending balance at original discount rate 5,378 6,028  
Effect of cumulative changes in discount rate assumptions (92) (277)  
Balance as of end-of-period 5,286 5,751  
Present Value of Expected Future Policy Benefits      
Balance as of beginning-of-year 9,255 9,637  
Beginning balance at original discount rate 9,701 9,839  
Effect of changes in cash flow assumptions   (557) (105)
Effect of actual variances from expected experience   (31) (68)
Adjusted balance as of beginning-of-year   9,113 $ 9,666
Issuances 282 361  
Interest accrual 368 380  
Benefit payments (802) (706)  
Ending balance at original discount rate 8,961 9,701  
Effect of cumulative changes in discount rate assumptions (154) (446)  
Balance as of end-of-period 8,807 9,255  
Net balance as of end-of-period 3,521 3,504  
Less: reinsurance recoverables 179 217  
Net balance as of end-of-period, net of reinsurance $ 3,342 $ 3,287  
Weighted-average duration of future policyholder benefit liability 9 years 9 years  
Impact on net premiums, policyholder behavior $ 22 $ 15  
Impact on net premiums, mortality 16 60  
Decrease in the liability based on policyholder behavior 17 28  
Effect on liability based on mortality 14 96  
Traditional Life | Cumulative effect from adoption of new accounting standards      
Present Value of Expected Net Premiums      
Balance as of beginning-of-year (277) (152)  
Balance as of end-of-period   (277)  
Present Value of Expected Future Policy Benefits      
Balance as of beginning-of-year $ (446) (202)  
Balance as of end-of-period   $ (446)