v3.26.1
Deferred Acquisition Costs and Deferred Sales Inducement Costs - Deferred Acquisition Costs (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Balances of and changes in DAC    
Beginning balance $ 2,625  
Ending balance 2,612 $ 2,625
Variable Annuities    
Balances of and changes in DAC    
Beginning balance 1,313 1,402
Capitalization of acquisition costs 6 23
Amortization (27) (112)
Ending balance 1,292 1,313
Structured Variable Annuities    
Balances of and changes in DAC    
Beginning balance 325 276
Capitalization of acquisition costs 23 88
Amortization (11) (39)
Ending balance 337 325
Fixed Annuities    
Balances of and changes in DAC    
Beginning balance 23 28
Capitalization of acquisition costs 0 0
Amortization (1) (5)
Ending balance 22 23
Fixed Indexed Annuities    
Balances of and changes in DAC    
Beginning balance 3 4
Capitalization of acquisition costs 0 0
Amortization 0 (1)
Ending balance 3 3
Universal Life Insurance    
Balances of and changes in DAC    
Beginning balance 96 103
Capitalization of acquisition costs 0 0
Amortization (2) (7)
Ending balance 94 96
Variable Universal Life Insurance    
Balances of and changes in DAC    
Beginning balance 570 553
Capitalization of acquisition costs 15 62
Amortization (12) (45)
Ending balance 573 570
Indexed Universal Life Insurance    
Balances of and changes in DAC    
Beginning balance 197 210
Capitalization of acquisition costs 1 2
Amortization (4) (15)
Ending balance 194 197
Other Life Insurance    
Balances of and changes in DAC    
Beginning balance 1 2
Capitalization of acquisition costs 0 0
Amortization 0 (1)
Ending balance 1 1
Life Contingent Payout Annuities    
Balances of and changes in DAC    
Beginning balance 13 10
Capitalization of acquisition costs 0 3
Amortization 0 0
Ending balance 13 13
Term and Whole Life Insurance    
Balances of and changes in DAC    
Beginning balance 17 17
Capitalization of acquisition costs 0 2
Amortization 0 (2)
Ending balance 17 17
Disability Income Insurance    
Balances of and changes in DAC    
Beginning balance 65 70
Capitalization of acquisition costs 1 3
Amortization (2) (8)
Ending balance 64 65
Total, All Products    
Balances of and changes in DAC    
Beginning balance 2,623 2,675
Capitalization of acquisition costs 46 183
Amortization (59) (235)
Ending balance 2,610 2,623
Other broker dealer acquisition costs    
Balances of and changes in DAC    
Beginning balance 2  
Ending balance $ 2 $ 2