v3.26.1
LIABILITIES FOR FUTURE POLICYHOLDER BENEFITS - Balances of and Changes in Additional Liabilities Related to Insurance Guarantees (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Present Value of Expected Future Policy Benefits        
Net liability for additional liability $ 17,441   $ 17,660  
Weighted Average Interest Rate 4.50%   4.50%  
Assessments        
Present Value of Expected Future Policy Benefits        
Revenue and Interest Accretion $ 139 $ 145    
Interest Accretion        
Present Value of Expected Future Policy Benefits        
Revenue and Interest Accretion 15 14    
Corporate & Other | UL        
Present Value of Expected Future Policy Benefits        
Balance, beginning of period 1,328 1,246    
Beginning balance before AOCI adjustments 1,347 1,302    
Effect of changes in interest rate & cash flow assumptions and model changes 0 0    
Effect of actual variances from expected experience 0 5    
Adjusted beginning of period balance     $ 1,347 $ 1,307
Interest accrual 15 14    
Net assessments collected 16 17    
Benefits payments (15) (22)    
Ending balance before shadow reserve adjustments 1,363 1,316    
Effect of reserve adjustment recorded in AOCI (16) (52)    
Balance, end of period 1,347 1,264    
Net liability for additional liability 1,347 1,264 $ 1,328  
Less: Reinsurance recoverable (1,113) 0    
Net liability for future policy benefits, after reinsurance recoverable $ 234 $ 1,264    
Weighted-average duration of additional liability - death benefit (years) 18 years 4 months 24 days 19 years 3 months 18 days    
Weighted Average Interest Rate 4.50%   4.50%  
Corporate & Other | UL | Assessments        
Present Value of Expected Future Policy Benefits        
Revenue and Interest Accretion $ 139 $ 145    
Corporate & Other | UL | Interest Accretion        
Present Value of Expected Future Policy Benefits        
Revenue and Interest Accretion $ 15 $ 14