v3.25.4
Deferred Acquisition Costs and Deferred Sales Inducement Costs - Deferred Acquisition Costs (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Balances of and changes in DAC    
Beginning balance $ 2,677  
Ending balance 2,625 $ 2,677
Variable Annuities    
Balances of and changes in DAC    
Beginning balance 1,402 1,496
Capitalization of acquisition costs 23 24
Amortization (112) (118)
Ending balance 1,313 1,402
Structured Variable Annuities    
Balances of and changes in DAC    
Beginning balance 276 208
Capitalization of acquisition costs 88 98
Amortization (39) (30)
Ending balance 325 276
Fixed Annuities    
Balances of and changes in DAC    
Beginning balance 28 35
Capitalization of acquisition costs 0 0
Amortization (5) (7)
Ending balance 23 28
Fixed Indexed Annuities    
Balances of and changes in DAC    
Beginning balance 4 5
Capitalization of acquisition costs 0 0
Amortization (1) (1)
Ending balance 3 4
Universal Life Insurance    
Balances of and changes in DAC    
Beginning balance 103 110
Capitalization of acquisition costs 0 0
Amortization (7) (7)
Ending balance 96 103
Variable Universal Life Insurance    
Balances of and changes in DAC    
Beginning balance 553 534
Capitalization of acquisition costs 62 64
Amortization (45) (45)
Ending balance 570 553
Indexed Universal Life Insurance    
Balances of and changes in DAC    
Beginning balance 210 223
Capitalization of acquisition costs 2 3
Amortization (15) (16)
Ending balance 197 210
Other Life Insurance    
Balances of and changes in DAC    
Beginning balance 2 2
Capitalization of acquisition costs 0 0
Amortization (1) 0
Ending balance 1 2
Life Contingent Payout Annuities    
Balances of and changes in DAC    
Beginning balance 10 6
Capitalization of acquisition costs 3 5
Amortization 0 (1)
Ending balance 13 10
Term and Whole Life Insurance    
Balances of and changes in DAC    
Beginning balance 17 17
Capitalization of acquisition costs 2 2
Amortization (2) (2)
Ending balance 17 17
Disability Income Insurance    
Balances of and changes in DAC    
Beginning balance 70 75
Capitalization of acquisition costs 3 3
Amortization (8) (8)
Ending balance 65 70
Total, All Products    
Balances of and changes in DAC    
Beginning balance 2,675 2,711
Capitalization of acquisition costs 183 199
Amortization (235) (235)
Ending balance 2,623 2,675
Other broker dealer acquisition costs    
Balances of and changes in DAC    
Beginning balance 2  
Ending balance $ 2 $ 2