Equity (Tables)
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3 Months Ended |
Mar. 31, 2026 |
| Equity [Abstract] |
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| Schedule of Share Activity |
The table below outlines the share activity:
| | | | | | | | | | | | | | | Three months ended March 31, | | 2026 | | 2025 | | | Shares of common stock issued in settlement of vested RSUs and options exercised1 | 4,369,135 | | | 7,480,021 | | | | Reduction of shares of common stock issued2 | (1,699,845) | | | (3,189,611) | | | | | Issuance of shares of common stock for equity-based awards | 2,669,290 | | | 4,290,410 | | | | | | | 1 The gross value of shares issued was $568 million and $1,234 million for the three months ended March 31, 2026 and 2025, respectively, based on the closing price of the shares of common stock at the time of issuance. | 2 Cash paid for tax liabilities associated with net share settlement was $225 million and $528 million for the three months ended March 31, 2026 and 2025, respectively. | |
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| Schedule of Quarterly Dividends and Distributions |
Outlined below is information regarding quarterly dividends and distributions (in millions, except per share data).
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Dividend Declaration Date | | Dividend per Share of Common Stock | | Payment Date | | Dividend to Common Stockholders | | | | | | Distribution Equivalents on Participating Securities | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | February 4, 2025 | | $ | 0.46 | | | February 28, 2025 | | $ | 264 | | | | | | | $ | 14 | | | May 2, 2025 | | 0.51 | | | May 30, 2025 | | 292 | | | | | | | 14 | | | August 5, 2025 | | 0.51 | | | August 29, 2025 | | 291 | | | | | | | 15 | | | November 4, 2025 | | 0.51 | | | November 28, 2025 | | 296 | | | | | | | 15 | | | Year ended December 31, 2025 | | $ | 1.99 | | | | | $ | 1,143 | | | | | | | $ | 58 | | | February 9, 2026 | | $ | 0.51 | | | February 27, 2026 | | $ | 295 | | | | | | | $ | 17 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended March 31, 2026 | | $ | 0.51 | | | | | $ | 295 | | | | | | | $ | 17 | |
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| Schedule of Accumulated Other Comprehensive Income (Loss) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In millions) | Unrealized investment gains (losses) on AFS securities without a credit allowance | | Unrealized investment gains (losses) on AFS securities with a credit allowance | | Unrealized gains (losses) on hedging instruments | | Remeasurement gains (losses) on future policy benefits related to discount rate | | Remeasurement gains (losses) on market risk benefits related to credit risk | | Foreign currency translation and other adjustments | | Accumulated other comprehensive income (loss) | | | | Balance at December 31, 2025 | $ | (6,372) | | | $ | (252) | | | $ | (17) | | | $ | 4,137 | | | $ | (169) | | | $ | 28 | | | $ | (2,645) | | | | | | | | | | | | | | | | | | | | | Other comprehensive income (loss) before reclassifications | (2,110) | | | (14) | | | 137 | | | 909 | | | 216 | | | (30) | | | (892) | | | | Less: Reclassification adjustments for gains (losses) realized1 | (61) | | | (9) | | | 7 | | | — | | | — | | | — | | | (63) | | | | | Less: Income tax provision (benefit) | (406) | | | (1) | | | 28 | | | 186 | | | 45 | | | (8) | | | (156) | | | | | Less: Other comprehensive income (loss) attributable to non-controlling interests, net of tax | (415) | | | (7) | | | 4 | | | 229 | | | 30 | | | (15) | | | (174) | | | | | Balance at March 31, 2026 | $ | (7,600) | | | $ | (249) | | | $ | 81 | | | $ | 4,631 | | | $ | (28) | | | $ | 21 | | | $ | (3,144) | | | | | | | | | | | | | | | | | | | | 1 Recognized in investment related gains (losses) on the condensed consolidated statements of operations. | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In millions) | Unrealized investment gains (losses) on AFS securities without a credit allowance | | Unrealized investment gains (losses) on AFS securities with a credit allowance | | Unrealized gains (losses) on hedging instruments | | Remeasurement gains (losses) on future policy benefits related to discount rate | | Remeasurement gains (losses) on market risk benefits related to credit risk | | Foreign currency translation and other adjustments | | Accumulated other comprehensive income (loss) | | Balance at December 31, 2024 | $ | (9,174) | | | $ | (284) | | | $ | (119) | | | $ | 4,235 | | | $ | (103) | | | $ | (49) | | | $ | (5,494) | | | | | | | | | | | | | | | | | Other comprehensive income (loss) before reclassifications | 1,338 | | | (37) | | | 239 | | | (528) | | | 116 | | | 63 | | | 1,191 | | Less: Reclassification adjustments for gains (losses) realized1 | (191) | | | — | | | 10 | | | — | | | — | | | — | | | (181) | | | Less: Income tax provision (benefit) | 312 | | | (8) | | | 48 | | | (110) | | | 24 | | | 7 | | | 273 | | | Less: Other comprehensive income (loss) attributable to non-controlling interests, net of tax | 260 | | | — | | | 62 | | | (169) | | | 12 | | | 23 | | | 188 | | | Balance at March 31, 2025 | $ | (8,217) | | | $ | (313) | | | $ | — | | | $ | 3,986 | | | $ | (23) | | | $ | (16) | | | $ | (4,583) | | | | | | | | | | | | | | | | 1 Recognized in investment related gains (losses) on the condensed consolidated statements of operations. |
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