Other Revenues and Other Expenses (Tables)

3 Months Ended

Mar. 31, 2026

Other Income and Expenses [Abstract]

Information on other revenues, which primarily includes fees related to service contracts from customers, was as follows:


	Three Months Ended March 31,
			2026		2025
		(In millions)
Vision fee for service arrangements			$	159	$	154
Prepaid legal plans			176		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
Other			118		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.

Other Expenses

Information on other expenses was as follows:


	Three Months Ended March 31,
		2026		2025
		(In millions)
Amortization of DAC, VOBA and negative VOBA		$	568	$	519
Interest expense on debt		265		258
Direct:
Employee-related costs (1)		1,109		991
Third-party staffing costs		387		376
General and administrative expenses		132		126
Commissions and other variable expenses		2,027		1,547
Capitalization of DAC		(959)		(698)
Premium taxes, other taxes, and licenses & fees		199		161
Pension, postretirement and postemployment benefit costs		70		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.