v3.26.1
Other Revenues and Other Expenses
 3 Months Ended
Mar. 31, 2026
Other Income and Expenses [Abstract]  
Other Revenues and Other Expenses Disclosure 14. Other Revenues and Other Expenses
Other Revenues
Information on other revenues, which primarily includes fees related to service contracts from customers, was as follows:
Three Months
Ended
March 31,
20262025
(In millions)
Vision fee for service arrangements$159 $154 
Prepaid legal plans176 161 
Institutional Client asset management fees (1)
186 77 
Administrative services-only contracts 81 74 
Recordkeeping and administrative services (2)
34 36 
Other revenue related to service contracts from customers (1) (3)
98 109 
Total revenues related to service contracts from customers
734 611 
Other118 76 
Total other revenues$852 $687 
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(1)As a result of the Strategic Reorganization, the presentation of the components of other revenues was revised to report MIM segment Institutional Client asset management fees herein and, as a result, $25 million of revenue for the three months ended March 31, 2025, was reclassified to other revenue related to service contracts from customers.
(2)Related to products and businesses no longer actively marketed by the Company.
(3)Includes $11 million and $12 million for the three months ended March 31, 2026 and 2025, respectively, for asset management fees from management of general account equity method investments. See Note 19 for additional related party transactions.
Receivables for revenues related to service contracts from customers were $393 million and $272 million at March 31, 2026 and December 31, 2025, respectively.
Other Expenses
Information on other expenses was as follows:
Three Months
Ended
March 31,
20262025
(In millions)
Amortization of DAC, VOBA and negative VOBA$568 $519 
Interest expense on debt265 258 
Direct:
Employee-related costs (1)1,109 991 
Third-party staffing costs387 376 
General and administrative expenses132 126 
Commissions and other variable expenses2,027 1,547 
Capitalization of DAC(959)(698)
Premium taxes, other taxes, and licenses & fees199 161 
Pension, postretirement and postemployment benefit costs70 70 
Total other expenses$3,798 $3,350 
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(1)Includes ($20) million and ($23) million for the three months ended March 31, 2026 and 2025, respectively, for the net change in cash surrender value of investments in certain life insurance policies, net of premiums paid.