v3.26.1
Consolidated Statements of Shareholders' Equity - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Balance, beginning of period at Dec. 31, 2024 $ 26,098 $ 136 $ 2,894 $ 52,277 $ (2,978) $ (26,231)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 29 0 0 29 0 0
Unrealized foreign currency translation gains (losses) during period, net of income taxes 449 0 0 0 449 0
Unrealized gains (losses) on fixed maturity securities during period, net of income taxes and reclassification adjustments (1,257) 0 0 0 (1,257) 0
Unrealized gains (losses) on derivatives during period, net of income taxes 2 0 0 0 2 0
Effect of changes in discount rate assumptions during period, net of income taxes 1,893 0 0 0 1,893 0
Pension liability adjustment during period, net of income taxes 32 0 0 0 32 0
Dividends to shareholders [1] 2 0 0 2 0 0
Exercise of stock options 4 0 4 0 0 0
Share-based compensation 8 0 8 0 0 0
Purchases of treasury stock (949) 0 0 0 0 (949)
Treasury stock reissued 27 0 13 0 0 14
Balance, end of period at Mar. 31, 2025 26,338 136 2,919 52,308 (1,859) (27,166)
Balance, beginning of period at Dec. 31, 2025 29,490 136 3,024 54,682 1,452 (29,804)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 1,019 0 0 1,019 0 0
Unrealized foreign currency translation gains (losses) during period, net of income taxes (114) 0 0 0 (114) 0
Unrealized gains (losses) on fixed maturity securities during period, net of income taxes and reclassification adjustments (856) 0 0 0 (856) 0
Unrealized gains (losses) on derivatives during period, net of income taxes (3) 0 0 0 (3) 0
Effect of changes in discount rate assumptions during period, net of income taxes 1,423 0 0 0 1,423 0
Pension liability adjustment during period, net of income taxes (1) 0 0 0 (1) 0
Dividends to shareholders [1] 1 0 0 1 0 0
Exercise of stock options 2 0 2 0 0 0
Share-based compensation 25 0 25 0 0 0
Purchases of treasury stock (1,051) 0 0 0 0 (1,051)
Treasury stock reissued 26 0 13 0 0 13
Balance, end of period at Mar. 31, 2026 $ 29,961 $ 136 $ 3,064 $ 55,702 $ 1,901 $ (30,842)
[1] Dividends to shareholders are recorded in the period in which they are declared.