v3.26.1
CLOSED BLOCK - Closed Block Revenues and Expenses (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
Premiums and other income $ 24 $ 27
Net investment income (loss) 48 51
Investment gains (losses), net 7 (1)
Total revenues 79 77
Benefits and Other Deductions:    
Policyholders’ benefits and dividends 67 74
Other operating costs and expenses 1 0
Total benefits and other deductions 68 74
Net income (loss), before income taxes 11 3
Income tax (expense) benefit (2) (1)
Net income (loss) $ 9 $ 2