v3.26.1
Segments - Schedule of Financial Data for Reportable Segments (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Segment Reporting Information [Line Items]      
Total Segment Revenue $ 5,059 $ 5,548  
Total Assets 467,530   $ 460,949
Asset Management      
Segment Reporting Information [Line Items]      
Interest and other financing costs 45 34  
Total Segment Revenue 1,011 1,046  
Total Assets 20,464   19,548
Retirement Services      
Segment Reporting Information [Line Items]      
Other operating expenses (626) (542)  
Total Segment Revenue 4,048 4,502  
Total Assets 447,066   441,401
Management fees      
Segment Reporting Information [Line Items]      
Revenues 696 508  
Capital solutions fees and other, net      
Segment Reporting Information [Line Items]      
Revenues 306 195  
Operating Segments      
Segment Reporting Information [Line Items]      
Segment Income 1,522 1,377  
Total Segment Revenue 5,462 4,454  
Total Assets 451,487   446,675
Operating Segments | Asset Management      
Segment Reporting Information [Line Items]      
Fee-related performance fee 64 54  
Fee-related compensation (333) (259)  
Other operating expenses (201) (160)  
Segment Income 728 559  
Total Segment Revenue 1,262 978  
Total Assets 5,027   5,026
Operating Segments | Retirement Services      
Segment Reporting Information [Line Items]      
Other operating expenses (118) (114)  
Fixed income and other net investment income 3,551 2,914  
Alternative net investment income 210 315  
Strategic capital management fees 36 29  
Cost of funds (2,807) (2,210)  
Interest and other financing costs (153) (130)  
Segment Income 719 804  
Total Segment Revenue 3,797 3,258  
Total Assets 434,487   430,122
Operating Segments | Principal Investing      
Segment Reporting Information [Line Items]      
Other operating expenses (15) (16)  
Realized performance fees 357 190  
Realized investment income 46 28  
Principal investing compensation (313) (188)  
Segment Income 75 14  
Total Segment Revenue 403 218  
Total Assets 11,973   11,527
Operating Segments | Management fees | Asset Management      
Segment Reporting Information [Line Items]      
Revenues 952 770  
Operating Segments | Capital solutions fees and other, net | Asset Management      
Segment Reporting Information [Line Items]      
Revenues 246 154  
Segment Reconciling Items      
Segment Reporting Information [Line Items]      
Total Assets 16,043   $ 14,274
Segment Reconciling Items | Management fees | Retirement Services      
Segment Reporting Information [Line Items]      
Revenues $ 399 $ 361