v3.25.4
Market Risk Benefits - Balances of and Changes in Market Risk Benefits (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Market Risk Benefit [Roll Forward]      
Beginning balance $ (919) $ 335 $ 1,103
Issuances 23 24 17
Interest accrual and time decay (116) (66) (53)
Reserve increase from attributed fees collected 761 790 788
Reserve release for benefit payments and derecognition (9) (11) (35)
Effect of changes in interest rates and bond markets (51) (1,078) (367)
Effect of changes in equity markets and subaccount performance (1,006) (1,228) (1,267)
Effect of changes in equity index volatility 90 59 (67)
Actual policyholder behavior different from expected behavior 68 71 5
Effect of changes in future expected assumptions 93 106 128
Effect of changes in the instrument-specific credit risk on market risk benefits (26) 79 83
Ending balance (1,092) (919) 335
Reconciliation of the gross balances in an asset or liability position:      
Asset position 2,274 2,182 1,427
Liability position (1,182) (1,263) (1,762)
Net asset (liability) position $ 1,092 $ 919 $ (335)
Weighted average attained age of contractholders 70 years 69 years 69 years
Changes in unrealized (gains) losses in net income relating to liabilities held at end of period $ (966) $ (2,111) $ (1,551)
Changes in unrealized (gains) losses in other comprehensive income (loss) relating to liabilities held at end of period (20) 85 84
Death benefits      
Reconciliation of the gross balances in an asset or liability position:      
Guaranteed benefit amount in excess of current account balances (net amount at risk) 291 462 913
Living benefits      
Reconciliation of the gross balances in an asset or liability position:      
Guaranteed benefit amount in excess of current account balances (net amount at risk) 1,811 2,429 2,513
Composite (greater of)      
Reconciliation of the gross balances in an asset or liability position:      
Guaranteed benefit amount in excess of current account balances (net amount at risk) $ 2,084 $ 2,829 $ 3,308