v3.26.1
DERIVATIVES - Derivatives by Category (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) $ 580 $ 799  
Net investment income (loss) 1,284 1,248  
Total derivative instruments      
Derivatives, Fair Value [Line Items]      
Notional Amount 133,997   $ 135,793
Derivative Assets 26,031   28,990
Derivative Liabilities 42,568   49,739
Net Derivatives (16,537)   (20,749)
Net derivative gains (losses) 580 799  
Net investment income (loss) 12 3  
Interest credited to policyholders account balances 97 33  
Amount reclassified from (to) income to AOCI 62 (58)  
Designated for Hedge Accounting | Cash Flow Hedge      
Derivatives, Fair Value [Line Items]      
Notional Amount 4,373   4,238
Derivative Assets 117   96
Derivative Liabilities 450   472
Net Derivatives (333)   (376)
Net derivative gains (losses) 1 0  
Net investment income (loss) 12 3  
Interest credited to policyholders account balances 97 33  
Amount reclassified from (to) income to AOCI 62 (58)  
Designated for Hedge Accounting | Cash Flow Hedge | Currency swaps      
Derivatives, Fair Value [Line Items]      
Notional Amount 3,421   3,286
Derivative Assets 117   96
Derivative Liabilities 114   142
Net Derivatives 3   (46)
Net derivative gains (losses) 1 0  
Net investment income (loss) 5 6  
Interest credited to policyholders account balances 97 33  
Amount reclassified from (to) income to AOCI 66 (37)  
Designated for Hedge Accounting | Cash Flow Hedge | Interest swaps      
Derivatives, Fair Value [Line Items]      
Notional Amount 952   952
Derivative Assets 0   0
Derivative Liabilities 336   330
Net Derivatives (336)   (330)
Net derivative gains (losses) 0 0  
Net investment income (loss) 7 (3)  
Interest credited to policyholders account balances 0 0  
Amount reclassified from (to) income to AOCI (4) (21)  
Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 129,624   131,555
Derivative Assets 25,912   28,895
Derivative Liabilities 23,581   27,448
Net Derivatives 2,331   1,447
Net derivative gains (losses) (1,852) (2,179)  
Net investment income (loss) 0 0  
Interest credited to policyholders account balances 0 0  
Amount reclassified from (to) income to AOCI 0 0  
Not Designated for Hedge Accounting | Currency swaps      
Derivatives, Fair Value [Line Items]      
Notional Amount 110   0
Derivative Assets 2   0
Derivative Liabilities 0   0
Net Derivatives 2   0
Net derivative gains (losses) 0 (30)  
Net investment income (loss) 0 0  
Interest credited to policyholders account balances 0 0  
Amount reclassified from (to) income to AOCI 0 0  
Not Designated for Hedge Accounting | Interest swaps      
Derivatives, Fair Value [Line Items]      
Notional Amount 598   601
Derivative Assets 0   0
Derivative Liabilities 11   18
Net Derivatives (11)   (18)
Net derivative gains (losses) (6) 15  
Net investment income (loss) 0 0  
Interest credited to policyholders account balances 0 0  
Amount reclassified from (to) income to AOCI 0 0  
Not Designated for Hedge Accounting | Futures      
Derivatives, Fair Value [Line Items]      
Notional Amount 16,476   15,052
Derivative Assets 4   1
Derivative Liabilities 0   0
Net Derivatives 4   1
Net derivative gains (losses) (85) (200)  
Net investment income (loss) 0 0  
Interest credited to policyholders account balances 0 0  
Amount reclassified from (to) income to AOCI 0 0  
Not Designated for Hedge Accounting | Swaps      
Derivatives, Fair Value [Line Items]      
Notional Amount 18,030   18,290
Derivative Assets 1,022   61
Derivative Liabilities 135   47
Net Derivatives 887   14
Net derivative gains (losses) 520 705  
Net investment income (loss) 0 0  
Interest credited to policyholders account balances 0 0  
Amount reclassified from (to) income to AOCI 0 0  
Not Designated for Hedge Accounting | Options      
Derivatives, Fair Value [Line Items]      
Notional Amount 85,430   88,273
Derivative Assets 23,619   27,686
Derivative Liabilities 6,026   6,580
Net Derivatives 17,593   21,106
Net derivative gains (losses) (2,253) (2,645)  
Net investment income (loss) 0 0  
Interest credited to policyholders account balances 0 0  
Amount reclassified from (to) income to AOCI 0 0  
Not Designated for Hedge Accounting | Forwards      
Derivatives, Fair Value [Line Items]      
Notional Amount 0   0
Derivative Assets 1   34
Derivative Liabilities 2   0
Net Derivatives (1)   34
Net derivative gains (losses) (35) 0  
Net investment income (loss) 0 0  
Interest credited to policyholders account balances 0 0  
Amount reclassified from (to) income to AOCI 0 0  
Not Designated for Hedge Accounting | Futures      
Derivatives, Fair Value [Line Items]      
Notional Amount 8,493   8,802
Derivative Assets 0   0
Derivative Liabilities 0  
Net Derivatives 0   0
Net derivative gains (losses) 2 (23)  
Net investment income (loss) 0 0  
Interest credited to policyholders account balances 0 0  
Amount reclassified from (to) income to AOCI 0 0  
Not Designated for Hedge Accounting | Option      
Derivatives, Fair Value [Line Items]      
Notional Amount 50   50
Derivative Assets 5   5
Derivative Liabilities 0   0
Net Derivatives 5   5
Net derivative gains (losses) 0 (1)  
Net investment income (loss) 0 0  
Interest credited to policyholders account balances 0 0  
Amount reclassified from (to) income to AOCI 0 0  
Not Designated for Hedge Accounting | Credit default swaps      
Derivatives, Fair Value [Line Items]      
Notional Amount 356   397
Derivative Assets 1   1
Derivative Liabilities 5   11
Net Derivatives (4)   (10)
Net derivative gains (losses) 3 0  
Net investment income (loss) 0 0  
Interest credited to policyholders account balances 0 0  
Amount reclassified from (to) income to AOCI 0 0  
Not Designated for Hedge Accounting | Currency forwards      
Derivatives, Fair Value [Line Items]      
Notional Amount 81   90
Derivative Assets 19   15
Derivative Liabilities 16   16
Net Derivatives 3   (1)
Net derivative gains (losses) 2 0  
Net investment income (loss) 0 0  
Interest credited to policyholders account balances 0 0  
Amount reclassified from (to) income to AOCI 0 0  
Not Designated for Hedge Accounting | Margin      
Derivatives, Fair Value [Line Items]      
Notional Amount 0   0
Derivative Assets 1,094   948
Derivative Liabilities 0   0
Net Derivatives 1,094   948
Net derivative gains (losses) 0 0  
Net investment income (loss) 0 0  
Interest credited to policyholders account balances 0 0  
Amount reclassified from (to) income to AOCI 0 0  
Not Designated for Hedge Accounting | Collateral      
Derivatives, Fair Value [Line Items]      
Notional Amount 0   0
Derivative Assets 145   144
Derivative Liabilities 17,386   20,776
Net Derivatives (17,241)   (20,632)
Net derivative gains (losses) 0 0  
Net investment income (loss) 0 0  
Interest credited to policyholders account balances 0 0  
Amount reclassified from (to) income to AOCI 0 0  
Not Designated for Hedge Accounting | Total embedded derivatives      
Derivatives, Fair Value [Line Items]      
Notional Amount 0   0
Derivative Assets 2   (1)
Derivative Liabilities 18,537   21,819
Net Derivatives (18,535)   (21,820)
Net derivative gains (losses) 2,431 2,978  
Net investment income (loss) 0 0  
Interest credited to policyholders account balances 0 0  
Amount reclassified from (to) income to AOCI 0 0  
Not Designated for Hedge Accounting | SCS, SIO, MSO and IUL Indexed Features      
Derivatives, Fair Value [Line Items]      
Notional Amount 0   0
Derivative Assets 0   0
Derivative Liabilities 18,537   21,819
Net Derivatives (18,537)   (21,819)
Net derivative gains (losses) 2,437 2,978  
Net investment income (loss) 0 0  
Interest credited to policyholders account balances 0 0  
Amount reclassified from (to) income to AOCI 0 0  
Not Designated for Hedge Accounting | Modco Payable      
Derivatives, Fair Value [Line Items]      
Notional Amount 0   0
Derivative Assets 2   (1)
Derivative Liabilities 0   0
Net Derivatives 2   $ (1)
Net derivative gains (losses) (6) 0  
Net investment income (loss) 0 0  
Interest credited to policyholders account balances 0 0  
Amount reclassified from (to) income to AOCI $ 0 $ 0