v3.25.4
Future Contract Benefits - Summary of Changes in Present Values of LFPB (UL and Other) (Details) - UL and Other - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Present Value of Expected Future Policy Benefits      
Balance as of beginning-of-year $ 16,663 $ 15,752  
Balance as of beginning-of-year, excluding shadow balance in AOCI 18,178 16,605  
Effect of changes in cash flow assumptions   120 $ 207
Effect of actual variances from expected experience   190 $ 288
Adjusted balance as of beginning-of-year 18,488 17,100  
Interest accrual 923 841  
Net assessments collected 1,348 1,288  
Benefit payments (1,076) (1,051)  
Balance as of end-of-year, excluding shadow balance in AOCI 19,683 18,178  
Balance as of end-of-period 18,597 16,663  
Less: reinsurance recoverables 11,789 10,748  
Net balance as of end-of-period, net of reinsurance $ 6,808 $ 5,915  
Weighted-average duration of future policyholder benefit liability 16 years 16 years  
Effect on liability based on mortality $ 201 $ 273  
Effect of actual variances from expected experience, net of reinsurance 93 157  
Cumulative effect from adoption of new accounting standards      
Present Value of Expected Future Policy Benefits      
Balance as of beginning-of-year (1,515) (853)  
Balance as of end-of-period $ (1,086) $ (1,515)