v3.26.1
Liability For Future Policy Benefits (Deferred Profit Liability) (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 Future Policy Benefit [Roll Forward]        
Other adjustments [1] $ (39) $ 50    
Total balance after reinsurance recoverable 172,540 181,355    
Deferred profit liability        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Total balance after reinsurance recoverable 15,476 15,151    
Retirement        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Effect of actual variances from expected experience and other activity     $ 26 $ 0
Adjusted balance, BOP     185,499 171,878
Interest accrual 1,846 1,727    
Foreign currency adjustment 1,991 (2,806)    
Other adjustments 91 32    
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 | Deferred profit liability        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Balance, BOP, post-flooring 5,419 5,683    
Flooring impact, BOP 0 0    
Balance, BOP, pre-flooring 5,419 5,683    
Effect of actual variances from expected experience and other activity     24 12
Adjusted balance, BOP     5,443 5,695
Profits deferred 5 31    
Interest accrual 56 59    
Amortization (138) (147)    
Foreign currency adjustment (5) (8)    
Other adjustments 0 0    
Balance, EOP, pre-flooring 5,361 5,646    
Flooring impact, EOP 0 0    
Balance, EOP, post-flooring 5,361 5,646    
Less: Reinsurance recoverables 390 389    
Total balance after reinsurance recoverable 4,971 5,257    
International Businesses        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Effect of actual variances from expected experience and other activity     (309) (337)
Adjusted balance, BOP     151,501 152,982
Interest accrual 1,172 1,173    
Foreign currency adjustment 790 (4,169)    
Other adjustments 80 105    
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 | Deferred profit liability        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Balance, BOP, post-flooring 10,225 9,354    
Flooring impact, BOP 2 2    
Balance, BOP, pre-flooring 10,223 9,352    
Effect of actual variances from expected experience and other activity     (30) (11)
Adjusted balance, BOP     10,193 9,341
Profits deferred 641 666    
Interest accrual 93 84    
Amortization (536) (522)    
Foreign currency adjustment (14) 202    
Other adjustments 13 13    
Balance, EOP, pre-flooring 10,390 9,784    
Flooring impact, EOP 2 2    
Balance, EOP, post-flooring 10,392 9,786    
Less: Reinsurance recoverables 44 41    
Total balance after reinsurance recoverable 10,348 9,745    
Total        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Effect of actual variances from expected experience and other activity     (358) (388)
Adjusted balance, BOP     369,788 357,665
Interest accrual 3,412 3,291    
Foreign currency adjustment 2,781 (6,975)    
Other adjustments 164 137    
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    
Total | Deferred profit liability        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Balance, BOP, post-flooring 15,644 15,037    
Flooring impact, BOP 2 2    
Balance, BOP, pre-flooring 15,642 15,035    
Effect of actual variances from expected experience and other activity     (6) 1
Adjusted balance, BOP     $ 15,636 $ 15,036
Profits deferred 646 697    
Interest accrual 149 143    
Amortization (674) (669)    
Foreign currency adjustment (19) 210    
Other adjustments 13 13    
Balance, EOP, pre-flooring 15,751 15,430    
Flooring impact, EOP 2 2    
Balance, EOP, post-flooring 15,753 15,432    
Less: Reinsurance recoverables 434 430    
Total balance after reinsurance recoverable 15,319 15,002    
Other businesses        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Less: Reinsurance recoverables 54 59    
Total balance after reinsurance recoverable 1,317 1,341    
Other businesses | Deferred profit liability        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Total balance after reinsurance recoverable $ 157 $ 149    
[1] See Note 20 for additional information regarding related party transactions.