Deferred Acquisition Costs and Deferred Sales Inducement Costs (Tables)

12 Months Ended

Dec. 31, 2025

Deferred Charges, Insurers [Abstract]

Schedule of balances of and changes in DAC

The following tables summarize the balances of and changes in DAC:


			Variable Annuities						Structured Variable Annuities						Fixed Annuities						Fixed Indexed Annuities						Universal Life Insurance						Variable Universal Life Insurance
			(in millions)
Balance at January 1, 2025			$	1,402					$	276					$	28					$	4					$	103					$	553
Capitalization of acquisition costs			23						88						—						—						—						62
Amortization			(112)						(39)						(5)						(1)						(7)						(45)
Balance at December 31, 2025			$	1,313					$	325					$	23					$	3					$	96					$	570

			Indexed Universal Life Insurance						Other Life Insurance						Life Contingent Payout Annuities						Term and Whole Life Insurance						Disability Income Insurance						Total, All Products
			(in millions)
Balance at January 1, 2025			$	210					$	2					$	10					$	17					$	70					$	2,675
Capitalization of acquisition costs			2						—						3						2						3						183
Amortization			(15)						(1)						—						(2)						(8)						(235)
Balance at December 31, 2025			$	197					$	1					$	13					$	17					$	65					2,623
Other broker dealer acquisition costs																																	2
Balance at December 31, 2025 including broker dealer acquisition costs																																	$	2,625


			Variable Annuities						Structured Variable Annuities						Fixed Annuities						Fixed Indexed Annuities						Universal Life Insurance						Variable Universal Life Insurance
			(in millions)
Balance at January 1, 2024			$	1,496					$	208					$	35					$	5					$	110					$	534
Capitalization of acquisition costs			24						98						—						—						—						64
Amortization			(118)						(30)						(7)						(1)						(7)						(45)
Balance at December 31, 2024			$	1,402					$	276					$	28					$	4					$	103					$	553

			Indexed Universal Life Insurance						Other Life Insurance						Life Contingent Payout Annuities						Term and Whole Life Insurance						Disability Income Insurance						Total, All Products
			(in millions)
Balance at January 1, 2024			$	223					$	2					$	6					$	17					$	75					$	2,711
Capitalization of acquisition costs			3						—						5						2						3						199
Amortization			(16)						—						(1)						(2)						(8)						(235)
Balance at December 31, 2024			$	210					$	2					$	10					$	17					$	70					2,675
Other broker dealer acquisition costs																																	2
Balance at December 31, 2024 including broker dealer acquisition costs																																	$	2,677

Schedule of balances of and changes in DSIC

The following tables summarize the balances of and changes in DSIC:


			Variable Annuities						Fixed Annuities												Total, All Products
			(in millions)
Balance at January 1, 2025			$	122					$	10											$	132

Amortization			(12)						(2)												(14)
Balance at December 31, 2025			$	110					$	8											$	118


			Variable Annuities						Fixed Annuities												Total, All Products
			(in millions)
Balance at January 1, 2024			$	136					$	12											$	148

Amortization			(14)						(2)												(16)
Balance at December 31, 2024			$	122					$	10											$	132