Liability For Future Policy Benefits (Benefit Reserves) (Details) - USD ($) $ in Millions |
3 Months Ended |
|
|
Mar. 31, 2026 |
Mar. 31, 2025 |
Dec. 31, 2025 |
Dec. 31, 2024 |
| Liability for Future Policy Benefit, Expected Net Premium [Roll Forward] |
|
|
|
|
|
| Total balance, EOP |
|
$ 134,347
|
$ 136,625
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Other adjustments |
[1] |
(39)
|
50
|
|
|
| Balance, EOP |
|
312,691
|
323,982
|
|
|
| Total balance after reinsurance recoverable |
|
172,540
|
181,355
|
|
|
| Retirement |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Net Premium [Roll Forward] |
|
|
|
|
|
| Balance, BOP |
|
87,431
|
72,526
|
|
|
| Effect of cumulative changes in discount rate assumptions |
|
14,178
|
14,545
|
|
|
| Balance at original discount rate |
|
101,609
|
87,071
|
|
|
| Effect of actual variances from expected experience and other activity |
|
|
|
$ 17
|
$ 22
|
| Adjusted balance, BOP |
|
101,626
|
87,093
|
|
|
| Issuances |
|
1,587
|
4,148
|
|
|
| Net premiums / considerations collected |
|
(3,082)
|
(1,559)
|
|
|
| Interest accrual |
|
927
|
824
|
|
|
| Foreign currency adjustment |
|
(1,977)
|
2,777
|
|
|
| Other adjustments |
|
0
|
0
|
|
|
| Balance at original discount rate |
|
99,081
|
93,283
|
|
|
| Effect of cumulative changes in discount rate assumptions |
|
(17,517)
|
(16,053)
|
|
|
| Total balance, EOP |
|
81,564
|
77,230
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Balance, BOP |
|
167,704
|
151,679
|
|
|
| Effect of cumulative changes in discount rate assumptions |
|
17,769
|
20,199
|
|
|
| Balance at original discount rate, BOP |
|
185,473
|
171,878
|
|
|
| Effect of actual variances from expected experience and other activity |
|
|
|
26
|
0
|
| Adjusted balance, BOP |
|
|
|
185,499
|
171,878
|
| Issuances |
|
1,587
|
4,148
|
|
|
| Interest accrual |
|
1,846
|
1,727
|
|
|
| Benefit payments |
|
(3,849)
|
(3,647)
|
|
|
| Foreign currency adjustment |
|
(1,991)
|
2,806
|
|
|
| Other adjustments |
|
91
|
32
|
|
|
| Balance at original discount rate, EOP |
|
183,183
|
176,944
|
|
|
| Effect of cumulative changes in discount rate assumptions |
|
(22,213)
|
(20,916)
|
|
|
| Balance, EOP |
|
160,970
|
156,028
|
|
|
| Balance, EOP, pre-flooring |
|
79,406
|
78,798
|
|
|
| Flooring impact, EOP |
|
156
|
75
|
|
|
| Balance, EOP, post-flooring |
|
79,562
|
78,873
|
|
|
| Less: Reinsurance recoverables |
|
5,089
|
5,050
|
|
|
| Total balance after reinsurance recoverable |
|
74,473
|
73,823
|
|
|
| Retirement | Gross Basis |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Undiscounted expected future gross premiums |
|
170,594
|
158,816
|
|
|
| Discounted expected future gross premiums (at original discount rate) |
|
106,657
|
100,852
|
|
|
| Discounted expected future gross premiums (at current discount rate) |
|
87,531
|
83,236
|
|
|
| Undiscounted expected future benefits and expenses |
|
$ 298,309
|
$ 285,003
|
|
|
| Weighted-average duration of the liability in years (at original discount rate) |
|
8 years
|
8 years
|
|
|
| Weighted-average duration of the liability in years (at current discount rate) |
|
8 years
|
8 years
|
|
|
| Weighted-average interest rate (at original discount rate) |
|
4.83%
|
4.75%
|
|
|
| Weighted-average interest rate (at current discount rate) |
|
5.57%
|
5.49%
|
|
|
| Individual Life | Term Life |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Net Premium [Roll Forward] |
|
|
|
|
|
| Balance, BOP |
|
$ 10,637
|
$ 10,724
|
|
|
| Effect of cumulative changes in discount rate assumptions |
|
280
|
578
|
|
|
| Balance at original discount rate |
|
10,917
|
11,302
|
|
|
| Effect of actual variances from expected experience and other activity |
|
|
|
(75)
|
(62)
|
| Adjusted balance, BOP |
|
10,842
|
11,240
|
|
|
| Issuances |
|
206
|
201
|
|
|
| Net premiums / considerations collected |
|
(339)
|
(340)
|
|
|
| Interest accrual |
|
131
|
133
|
|
|
| Foreign currency adjustment |
|
0
|
0
|
|
|
| Other adjustments |
|
(16)
|
1
|
|
|
| Balance at original discount rate |
|
10,824
|
11,235
|
|
|
| Effect of cumulative changes in discount rate assumptions |
|
(409)
|
(460)
|
|
|
| Total balance, EOP |
|
10,415
|
10,775
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Balance, BOP |
|
19,166
|
18,996
|
|
|
| Effect of cumulative changes in discount rate assumptions |
|
602
|
1,134
|
|
|
| Balance at original discount rate, BOP |
|
19,768
|
20,130
|
|
|
| Effect of actual variances from expected experience and other activity |
|
|
|
(95)
|
(70)
|
| Adjusted balance, BOP |
|
|
|
19,673
|
20,060
|
| Issuances |
|
206
|
201
|
|
|
| Interest accrual |
|
237
|
238
|
|
|
| Benefit payments |
|
(375)
|
(392)
|
|
|
| Foreign currency adjustment |
|
0
|
0
|
|
|
| Other adjustments |
|
(7)
|
0
|
|
|
| Balance at original discount rate, EOP |
|
19,734
|
20,107
|
|
|
| Effect of cumulative changes in discount rate assumptions |
|
(874)
|
(920)
|
|
|
| Balance, EOP |
|
18,860
|
19,187
|
|
|
| Balance, EOP, pre-flooring |
|
8,445
|
8,411
|
|
|
| Flooring impact, EOP |
|
2
|
0
|
|
|
| Balance, EOP, post-flooring |
|
8,447
|
8,411
|
|
|
| Less: Reinsurance recoverables |
|
618
|
655
|
|
|
| Total balance after reinsurance recoverable |
|
7,829
|
7,756
|
|
|
| Individual Life | Term Life | Gross Basis |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Undiscounted expected future gross premiums |
|
22,983
|
22,905
|
|
|
| Discounted expected future gross premiums (at original discount rate) |
|
15,529
|
15,602
|
|
|
| Discounted expected future gross premiums (at current discount rate) |
|
14,999
|
15,008
|
|
|
| Undiscounted expected future benefits and expenses |
|
$ 30,521
|
$ 31,022
|
|
|
| Weighted-average duration of the liability in years (at original discount rate) |
|
9 years
|
10 years
|
|
|
| Weighted-average duration of the liability in years (at current discount rate) |
|
9 years
|
9 years
|
|
|
| Weighted-average interest rate (at original discount rate) |
|
5.11%
|
5.13%
|
|
|
| Weighted-average interest rate (at current discount rate) |
|
5.48%
|
5.44%
|
|
|
| International Businesses |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Net Premium [Roll Forward] |
|
|
|
|
|
| Balance, BOP |
|
$ 41,359
|
$ 45,851
|
|
|
| Effect of cumulative changes in discount rate assumptions |
|
3,431
|
2,599
|
|
|
| Balance at original discount rate |
|
44,790
|
48,450
|
|
|
| Effect of actual variances from expected experience and other activity |
|
|
|
(306)
|
(303)
|
| Adjusted balance, BOP |
|
44,484
|
48,147
|
|
|
| Issuances |
|
525
|
768
|
|
|
| Net premiums / considerations collected |
|
(1,749)
|
(1,893)
|
|
|
| Interest accrual |
|
349
|
368
|
|
|
| Foreign currency adjustment |
|
(168)
|
1,264
|
|
|
| Other adjustments |
|
28
|
43
|
|
|
| Balance at original discount rate |
|
43,469
|
48,697
|
|
|
| Effect of cumulative changes in discount rate assumptions |
|
(4,016)
|
(3,029)
|
|
|
| Total balance, EOP |
|
39,453
|
45,668
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Balance, BOP |
|
125,543
|
135,485
|
|
|
| Effect of cumulative changes in discount rate assumptions |
|
26,267
|
17,834
|
|
|
| Balance at original discount rate, BOP |
|
151,810
|
153,319
|
|
|
| Effect of actual variances from expected experience and other activity |
|
|
|
(309)
|
(337)
|
| Adjusted balance, BOP |
|
|
|
151,501
|
152,982
|
| Issuances |
|
525
|
768
|
|
|
| Interest accrual |
|
1,172
|
1,173
|
|
|
| Benefit payments |
|
(2,844)
|
(2,208)
|
|
|
| Foreign currency adjustment |
|
(790)
|
4,169
|
|
|
| Other adjustments |
|
80
|
105
|
|
|
| Balance at original discount rate, EOP |
|
149,644
|
156,989
|
|
|
| Effect of cumulative changes in discount rate assumptions |
|
(29,712)
|
(21,001)
|
|
|
| Balance, EOP |
|
119,932
|
135,988
|
|
|
| Balance, EOP, pre-flooring |
|
80,479
|
90,320
|
|
|
| Flooring impact, EOP |
|
91
|
41
|
|
|
| Balance, EOP, post-flooring |
|
80,570
|
90,361
|
|
|
| Less: Reinsurance recoverables |
|
292
|
353
|
|
|
| Total balance after reinsurance recoverable |
|
80,278
|
90,008
|
|
|
| International Businesses | Gross Basis |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Undiscounted expected future gross premiums |
|
100,069
|
109,182
|
|
|
| Discounted expected future gross premiums (at original discount rate) |
|
77,692
|
85,647
|
|
|
| Discounted expected future gross premiums (at current discount rate) |
|
70,888
|
80,722
|
|
|
| Undiscounted expected future benefits and expenses |
|
$ 246,815
|
$ 258,029
|
|
|
| Weighted-average duration of the liability in years (at original discount rate) |
|
17 years
|
17 years
|
|
|
| Weighted-average duration of the liability in years (at current discount rate) |
|
13 years
|
15 years
|
|
|
| Weighted-average interest rate (at original discount rate) |
|
3.06%
|
3.00%
|
|
|
| Weighted-average interest rate (at current discount rate) |
|
4.77%
|
3.89%
|
|
|
| Corporate and Other | Long- Term Care |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Net Premium [Roll Forward] |
|
|
|
|
|
| Balance, BOP |
|
$ 2,868
|
$ 2,854
|
|
|
| Effect of cumulative changes in discount rate assumptions |
|
64
|
132
|
|
|
| Balance at original discount rate |
|
2,932
|
2,986
|
|
|
| Effect of actual variances from expected experience and other activity |
|
|
|
21
|
19
|
| Adjusted balance, BOP |
|
2,953
|
3,005
|
|
|
| Issuances |
|
0
|
0
|
|
|
| Net premiums / considerations collected |
|
(82)
|
(80)
|
|
|
| Interest accrual |
|
35
|
36
|
|
|
| Foreign currency adjustment |
|
0
|
0
|
|
|
| Other adjustments |
|
0
|
0
|
|
|
| Balance at original discount rate |
|
2,906
|
2,961
|
|
|
| Effect of cumulative changes in discount rate assumptions |
|
(103)
|
(102)
|
|
|
| Total balance, EOP |
|
2,803
|
2,859
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Balance, BOP |
|
11,660
|
11,178
|
|
|
| Effect of cumulative changes in discount rate assumptions |
|
1,435
|
1,548
|
|
|
| Balance at original discount rate, BOP |
|
13,095
|
12,726
|
|
|
| Effect of actual variances from expected experience and other activity |
|
|
|
20
|
19
|
| Adjusted balance, BOP |
|
|
|
13,115
|
12,745
|
| Issuances |
|
0
|
0
|
|
|
| Interest accrual |
|
157
|
153
|
|
|
| Benefit payments |
|
(100)
|
(87)
|
|
|
| Foreign currency adjustment |
|
0
|
0
|
|
|
| Other adjustments |
|
0
|
0
|
|
|
| Balance at original discount rate, EOP |
|
13,172
|
12,811
|
|
|
| Effect of cumulative changes in discount rate assumptions |
|
(1,726)
|
(1,525)
|
|
|
| Balance, EOP |
|
11,446
|
11,286
|
|
|
| Balance, EOP, pre-flooring |
|
8,643
|
8,427
|
|
|
| Flooring impact, EOP |
|
0
|
0
|
|
|
| Balance, EOP, post-flooring |
|
8,643
|
8,427
|
|
|
| Less: Reinsurance recoverables |
|
0
|
0
|
|
|
| Total balance after reinsurance recoverable |
|
8,643
|
8,427
|
|
|
| Corporate and Other | Long- Term Care | Gross Basis |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Undiscounted expected future gross premiums |
|
6,316
|
6,725
|
|
|
| Discounted expected future gross premiums (at original discount rate) |
|
4,281
|
4,494
|
|
|
| Discounted expected future gross premiums (at current discount rate) |
|
4,140
|
4,349
|
|
|
| Undiscounted expected future benefits and expenses |
|
$ 29,421
|
$ 29,618
|
|
|
| Weighted-average duration of the liability in years (at original discount rate) |
|
16 years
|
17 years
|
|
|
| Weighted-average duration of the liability in years (at current discount rate) |
|
14 years
|
15 years
|
|
|
| Weighted-average interest rate (at original discount rate) |
|
4.91%
|
4.91%
|
|
|
| Weighted-average interest rate (at current discount rate) |
|
5.98%
|
5.84%
|
|
|
| Other businesses |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Net Premium [Roll Forward] |
|
|
|
|
|
| Total balance, EOP |
|
$ 112
|
$ 93
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Balance, EOP |
|
1,483
|
1,493
|
|
|
| Less: Reinsurance recoverables |
|
54
|
59
|
|
|
| Total balance after reinsurance recoverable |
|
1,317
|
1,341
|
|
|
| Total |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Net Premium [Roll Forward] |
|
|
|
|
|
| Balance, BOP |
|
142,295
|
131,955
|
|
|
| Effect of cumulative changes in discount rate assumptions |
|
17,953
|
17,854
|
|
|
| Balance at original discount rate |
|
160,248
|
149,809
|
|
|
| Effect of actual variances from expected experience and other activity |
|
|
|
(343)
|
(324)
|
| Adjusted balance, BOP |
|
159,905
|
149,485
|
|
|
| Issuances |
|
2,318
|
5,117
|
|
|
| Net premiums / considerations collected |
|
(5,252)
|
(3,872)
|
|
|
| Interest accrual |
|
1,442
|
1,361
|
|
|
| Foreign currency adjustment |
|
(2,145)
|
4,041
|
|
|
| Other adjustments |
|
12
|
44
|
|
|
| Balance at original discount rate |
|
156,280
|
156,176
|
|
|
| Effect of cumulative changes in discount rate assumptions |
|
(22,045)
|
(19,644)
|
|
|
| Total balance, EOP |
|
134,235
|
136,532
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Balance, BOP |
|
324,073
|
317,338
|
|
|
| Effect of cumulative changes in discount rate assumptions |
|
46,073
|
40,715
|
|
|
| Balance at original discount rate, BOP |
|
370,146
|
358,053
|
|
|
| Effect of actual variances from expected experience and other activity |
|
|
|
(358)
|
(388)
|
| Adjusted balance, BOP |
|
|
|
$ 369,788
|
$ 357,665
|
| Issuances |
|
2,318
|
5,117
|
|
|
| Interest accrual |
|
3,412
|
3,291
|
|
|
| Benefit payments |
|
(7,168)
|
(6,334)
|
|
|
| Foreign currency adjustment |
|
(2,781)
|
6,975
|
|
|
| Other adjustments |
|
164
|
137
|
|
|
| Balance at original discount rate, EOP |
|
365,733
|
366,851
|
|
|
| Effect of cumulative changes in discount rate assumptions |
|
(54,525)
|
(44,362)
|
|
|
| Balance, EOP |
|
311,208
|
322,489
|
|
|
| Balance, EOP, pre-flooring |
|
176,973
|
185,956
|
|
|
| Flooring impact, EOP |
|
249
|
116
|
|
|
| Balance, EOP, post-flooring |
|
177,222
|
186,072
|
|
|
| Less: Reinsurance recoverables |
|
5,999
|
6,058
|
|
|
| Total balance after reinsurance recoverable |
|
171,223
|
$ 180,014
|
|
|
| Nonparticipating Traditional and Limited-Pay Business |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Loss in net income |
|
$ 54
|
|
|
|
|
|