v3.25.4
Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of changes in carrying amount of goodwill reported in main operating segments
The changes in the carrying amount of goodwill reported in the Company’s reportable segments were as follows:
Advice & Wealth ManagementAsset
Management		Retirement & Protection SolutionsConsolidated
(in millions)
Balance at January 1, 2024
$279 $1,040 $91 $1,410 
Foreign currency translation— (9)— (9)
Balance at December 31, 2024
279 1,031 91 1,401 
Foreign currency translation— 39 — 39 
Balance at December 31, 2025
$279 $1,070 $91 $1,440 
Schedule of components of indefinite-lived intangible assets
The carrying amount of indefinite-lived intangible assets consisted of the following:
December 31,
20252024
(in millions)
Customer contracts$748 $844 
Trade names56 65 
Total$804 $909 
Schedule of components of definite-lived intangible assets
Definite-lived intangible assets consisted of the following:
 
December 31, 2025
December 31, 2024
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
(in millions)
Customer relationships$486 $(235)$251 $370 $(204)$166 
Contracts235 (227)8 226 (218)8 
Other406 (309)97 357 (269)88 
Total$1,127 $(771)$356 $953 $(691)$262 
Schedule of estimated future intangible amortization expense
Estimated intangible amortization expense as of December 31, 2025 for the next five years is as follows:
 (in millions)
2026$63 
202751 
202841 
202936 
203029