v3.26.1
Variable Interest Entities (VIEs)
6 Months Ended
Jun. 30, 2026
Equity Method Investments and Joint Ventures [Abstract]  
Variable Interest Entities (VIEs) 5.          Variable Interest Entities (VIEs)
We hold variable interests in certain VIEs primarily in our Real Estate Investments (REI) segment which are not
consolidated as it was determined that we are not the primary beneficiary. Our involvement with these entities is in the form of
equity co-investments and fee arrangements. As of June 30, 2026 and December 31, 2025, our maximum exposure to loss
related to the VIEs that are not consolidated was as follows (dollars in millions):
June 30, 2026
December 31, 2025
Investments in unconsolidated subsidiaries
$187
$187
Other current assets
1
1
Co-investment commitments
33
35
Maximum exposure to loss
$221
$223