v3.26.1
DERIVATIVE INSTRUMENTS - Derivatives and Hedging Instruments Gain (Loss) Summary (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Derivative Instruments, Gain (Loss) [Line Items]    
Gains (losses) recognized in other comprehensive income on derivative $ (4) $ 2
Unrealized foreign currency translation gains (losses) during period (103) 352
Derivative and non-derivative hedging instruments, gain (loss) recognized in other comprehensive income, before tax 148 (382)
Net investment income    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains (losses) recognized in income on derivative $ 0 $ 0
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Net investment income Net investment income
Net investment gains (losses)    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains (losses) recognized in income on derivative $ (95) $ (45)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Net investment gains (losses) Net investment gains (losses)
Reclassification Out Of Accumulated Other Comprehensive Income    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative instruments, cash flow hedges, gains (losses) reclassified from accumulated other comprehensive income into earnings $ 4 $ (1)
Cash flow hedges    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains (losses) recognized in other comprehensive income on derivative (4) 2
Cash flow hedges | Net investment income    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains (losses) recognized in income on derivative 0 0
Cash flow hedges | Net investment gains (losses)    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains (losses) recognized in income on derivative [1] 4 (1)
Cash flow hedges | Foreign currency swaps | Variable Interest Entity    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains (losses) recognized in other comprehensive income on derivative (4) 2
Cash flow hedges | Foreign currency swaps | Variable Interest Entity | Net investment income    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains (losses) recognized in income on derivative 0 0
Cash flow hedges | Foreign currency swaps | Variable Interest Entity | Net investment gains (losses)    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains (losses) recognized in income on derivative 4 (1)
Net investment hedge    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains (losses) recognized in income on derivative 11 36
Unrealized foreign currency translation gains (losses) during period 152 (384)
Net investment hedge | Non-derivative hedging instruments    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains (losses) recognized in income on derivative 0 0
Unrealized foreign currency translation gains (losses) during period 105 (240)
Net investment hedge | Foreign currency forwards    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains (losses) recognized in income on derivative 11 36
Unrealized foreign currency translation gains (losses) during period 47 (144)
Non-qualifying strategies    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains (losses) recognized in income on derivative (110) (80)
Non-qualifying strategies | Foreign currency swaps | Variable Interest Entity    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains (losses) recognized in income on derivative (55) (57)
Non-qualifying strategies | Foreign currency swaps | Consolidated Entity Excluding Variable Interest Entities (VIE)    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains (losses) recognized in income on derivative 1 0
Non-qualifying strategies | Foreign currency forwards    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains (losses) recognized in income on derivative (22) 0
Non-qualifying strategies | Foreign currency options    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains (losses) recognized in income on derivative (18) (5)
Non-qualifying strategies | Interest rate swaps    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains (losses) recognized in income on derivative (11) (18)
Non-qualifying strategies | Forward bond purchase commitment    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains (losses) recognized in income on derivative $ (5) $ 0
[1] Impact of cash flow hedges reported as net investment gains (losses) includes $4 of gains reclassified from accumulated other comprehensive income (loss) into earnings during the three-month period ended March 31, 2026, and $1 of losses during the three-month period ended March 31, 2025.