v3.26.1
INSURANCE LIABILITIES AND ANNUITY BENEFITS - Changes in Future Policy Benefit Reserves (Details) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Dec. 31, 2024
Present value of expected future policy benefits        
Net future policy benefit reserves $ 34,819   $ 35,438  
Long-term care        
Present value of expected net premiums        
Balance, beginning of year 4,426 $ 4,144    
Beginning balance at locked-in discount rate 4,140 3,991    
Effect of changes in cash flow assumptions     67 $ 16
Effect of actual variances from expected experience     (16) 12
Adjusted beginning of year balance     4,191 4,018
Interest accrual 114 108    
Net premiums collected (205) (197)    
Effect of foreign currency 0 0    
Ending balance at locked-in discount rate 4,100 3,930    
Effect of changes in discount rate assumptions 218 211    
Balance, end of period 4,318 4,141    
Present value of expected future policy benefits        
Balance, beginning of year 30,218 28,820    
Beginning balance at locked-in discount rate 27,971 27,537 27,976 27,448
Effect of changes in cash flow assumptions     (48) (68)
Effect of actual variances from expected experience     72 152
Adjusted beginning of year balance     28,001 27,533
Interest accrual 770 748    
Benefit payments (800) (743)    
Effect of foreign currency 0 0    
Ending balance at locked-in discount rate 27,971 27,537    
Effect of changes in discount rate assumptions 1,815 1,654    
Balance, end of period 29,786 29,192    
Net future policy benefit reserves 25,468 25,051 25,792  
Less: Reinsurance recoverables, net of allowance for credit losses (165) (157)    
Net future policy benefit reserves, after reinsurance recoverables $ 25,303 $ 24,895    
Weighted-average duration of liability (years) 10 years 10 months 24 days 11 years 3 months 18 days    
Weighted-average interest accretion rate 5.70% 5.60%    
Current discount rate 5.50% 5.50%    
Gross premiums or assessments recognized during period $ 225 $ 231    
Expected future gross premiums, undiscounted 7,396 7,321    
Expected future gross premiums, discounted 4,711 4,694    
Expected future benefit payments, undiscounted 60,456 61,410    
Expected future benefit payments, discounted 29,786 29,192    
Structured settlement annuities        
Present value of expected net premiums        
Balance, beginning of year 0 0    
Beginning balance at locked-in discount rate 0 0    
Effect of changes in cash flow assumptions     0 0
Effect of actual variances from expected experience     0 0
Adjusted beginning of year balance     0 0
Interest accrual 0 0    
Net premiums collected 0 0    
Effect of foreign currency 0 0    
Ending balance at locked-in discount rate 0 0    
Effect of changes in discount rate assumptions 0 0    
Balance, end of period 0 0    
Present value of expected future policy benefits        
Balance, beginning of year 8,383 8,426    
Beginning balance at locked-in discount rate 7,926 8,187 8,048 8,301
Effect of changes in cash flow assumptions     0 0
Effect of actual variances from expected experience     (19) (6)
Adjusted beginning of year balance     8,029 8,295
Interest accrual 212 217    
Benefit payments (316) (325)    
Effect of foreign currency 0 0    
Ending balance at locked-in discount rate 7,926 8,187    
Effect of changes in discount rate assumptions 220 195    
Balance, end of period 8,145 8,382    
Net future policy benefit reserves 8,145 8,382 8,383  
Less: Reinsurance recoverables, net of allowance for credit losses 0 0    
Net future policy benefit reserves, after reinsurance recoverables $ 8,145 $ 8,382    
Weighted-average duration of liability (years) 10 years 1 month 6 days 10 years 1 month 6 days    
Weighted-average interest accretion rate 5.40% 5.40%    
Current discount rate 5.40% 5.50%    
Gross premiums or assessments recognized during period $ 0 $ 0    
Expected future gross premiums, undiscounted 0 0    
Expected future gross premiums, discounted 0 0    
Expected future benefit payments, undiscounted 17,465 18,249    
Expected future benefit payments, discounted 8,145 8,382    
Life        
Present value of expected net premiums        
Balance, beginning of year 1,833 4,318    
Beginning balance at locked-in discount rate 1,714 4,415    
Effect of changes in cash flow assumptions     0 0
Effect of actual variances from expected experience     (19) 8
Adjusted beginning of year balance     1,695 4,423
Interest accrual 46 92    
Net premiums collected (96) (148)    
Effect of foreign currency (2) 130    
Ending balance at locked-in discount rate 1,644 4,496    
Effect of changes in discount rate assumptions 92 (104)    
Balance, end of period 1,736 4,392    
Present value of expected future policy benefits        
Balance, beginning of year 2,739 5,336    
Beginning balance at locked-in discount rate 2,483 5,461 2,582 5,411
Effect of changes in cash flow assumptions     0 0
Effect of actual variances from expected experience     (18) 24
Adjusted beginning of year balance     2,564 $ 5,435
Interest accrual 65 112    
Benefit payments (141) (222)    
Effect of foreign currency (6) 136    
Ending balance at locked-in discount rate 2,483 5,461    
Effect of changes in discount rate assumptions 121 (75)    
Balance, end of period 2,604 5,386    
Net future policy benefit reserves 868 994 $ 906  
Less: Reinsurance recoverables, net of allowance for credit losses (141) (248)    
Net future policy benefit reserves, after reinsurance recoverables $ 727 $ 746    
Weighted-average duration of liability (years) 6 years 5 years 3 months 18 days    
Weighted-average interest accretion rate 5.40% 5.30%    
Current discount rate 5.10% 4.90%    
Gross premiums or assessments recognized during period $ 101 $ 163    
Expected future gross premiums, undiscounted 2,968 11,569    
Expected future gross premiums, discounted 1,839 5,303    
Expected future benefit payments, undiscounted 3,921 10,442    
Expected future benefit payments, discounted $ 2,604 $ 5,386