v3.25.4
Goodwill and Specifically Identifiable Intangible Assets
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Specifically Identifiable Intangible Assets Goodwill and Specifically Identifiable Intangible Assets
The changes in the carrying amount of goodwill (in millions) by segment were as follows:

For the Year Ended December 31, 2025
Gross
Goodwill
as of
Beginning-
of-Year		Accumulated
Impairment
as of
Beginning-
of-Year		Net
Goodwill
as of
Beginning-
of-Year		ImpairmentNet
Goodwill as
of End-
of-Year
Annuities$1,040 $(600)$440 $– $440 
Group Protection684 – 684 – 684 
Retirement Plan Services20 – 20 – 20 
Total goodwill$1,744 $(600)$1,144 $– $1,144 

For the Year Ended December 31, 2024
Gross
Goodwill
as of
Beginning-
of-Year		Accumulated
Impairment
as of
Beginning-
of-Year		Net
Goodwill
as of
Beginning-
of-Year		ImpairmentNet
Goodwill as
of End-
of-Year
Annuities$1,040 $(600)$440 $– $440 
Group Protection684 – 684 – 684 
Retirement Plan Services20 – 20 – 20 
Total goodwill$1,744 $(600)$1,144 $– $1,144 

2025, 2024 and 2023 Analysis

As of October 1, 2025, 2024 and 2023, respectively, we performed our annual goodwill impairment test for our Annuities, Group Protection and Retirement Plan Services reporting units, and, as of each such date, the fair value was in excess of each reporting unit’s carrying value.

The gross carrying amounts and accumulated amortization (in millions) for each major specifically identifiable intangible asset class by segment were as follows:

As of December 31, 2025As of December 31, 2024
Gross
Carrying
Amount		Accumulated
Amortization		Gross
Carrying
Amount		Accumulated
Amortization
Life Insurance:
Sales force$100 $79 $100 $75 
Group Protection:
VOCRA576 205 576 175 
VODA31 17 31 15 
Retirement Plan Services:
Mutual fund contract rights (1)
5 – 5 – 
Total$712 $301 $712 $265 

(1 ) No amortization recorded as the intangible asset has indefinite life.

Future estimated amortization of specifically identifiable intangible assets (in millions) as of December 31, 2025, was as follows:
2026$37 
202737 
202837 
202935 
203035 
Thereafter225