v3.26.1
EQUITY - Components of OCI, Net of Taxes (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Change in net unrealized gains (losses) on investments:    
Net unrealized gains (losses) arising during the period $ (713) $ 658
(Gains) losses reclassified into net income (loss) during the period 16 6
Net unrealized gains (losses) on investments (697) 664
Adjustments for policyholders’ liabilities, DAC, insurance liability loss recognition and other 62 (55)
Change in unrealized gains (losses), net of adjustments (net of deferred income tax expense (benefit) of $(164) and $173) (635) 609
Change in LFPB discount rate and MRB credit risk, net of tax    
Market risk benefits - changes in instrument-specific credit risk (net of deferred income tax expense (benefit) of $138 and $155) 521 584
Liability for future policy benefits - changes in current discount rate (net of deferred income tax expense (benefit) of $16 and $(17)) 60 (63)
Change in defined benefit plans:    
Reclassification to Net income (loss) of amortization of net prior service credit included in net periodic cost 38 17
Change in defined benefit plans (net of deferred income tax expense (benefit) of $(10) and $2) (38) (17)
Foreign currency translation adjustments:    
Foreign currency translation gains (losses) arising during the period (6) 11
Foreign currency translation adjustment (6) 11
Other comprehensive income (loss) (22) 1,158
Less: Other comprehensive income (loss) attributable to noncontrolling interest (2) 13
Other comprehensive income (loss) attributable to Holdings (20) 1,145
Deferred income tax expense (benefit) for change in unrealized gains (losses) (164) 173
Deferred income tax expense (benefit) for market risk benefits - change in instrument-specific credit risk 138 155
Deferred income tax expense (benefit) for liability for future policy benefits - change in current discount rate 16 (17)
Deferred income tax expense (benefit) for change in defined benefit plans (10) 2
Reclassification adjustment $ (4) $ (2)