v3.26.1
Segment Information - Reconciliation of Income (Loss) from Operations by Segment to Consolidated Net Income (Loss) (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Operating revenues $ 4,926 $ 4,726 $ 9,794 $ 9,411
Interest credited 1,024 916 2,023 1,805
Interest and debt expense 82 (13) 164 67
Total federal income tax expense (benefit) 311 149 237 (78)
Reconciliation of total income (loss) from operations to net income (loss):        
Net annuity product features, pre-tax 1,497 405 802 (687)
Net life insurance product features, pre-tax (50) (58) (28) (15)
Credit loss-related adjustments, pre-tax (37) (25) (57) (53)
Investment gains (losses), pre-tax (197) (81) (239) (183)
Changes in the fair value of reinsurance-related embedded derivatives, trading securities and certain mortgage loans, pre-tax (85) 14 94 (76)
Gains (losses) on other non-financial assets – sale of subsidiaries/businesses, pre-tax     (6)  
Other items, pre-tax (12) 75 (123) 40
Income tax benefit (expense) related to the above pre-tax items (234) (69) (93) 199
Net income (loss) 1,332 699 1,160 (23)
Increase (decrease) in MRBs 1,450 932 453 (370)
Legal accruals     (122)  
Severance expense (11) (2)    
Severance expense for workforce realignment, before tax     (18) (8)
Transaction and integration costs for acquisitions or divestiture, before tax   (18)    
Deferred compensation mark-to-market adjustment, before tax (1) 1 17 (8)
Gain on extinguishment of debt   94 $ 0 94
Number Of Reportable Segments Disclosed By Definition Flag     We provide products and services and report results through our Annuities, Life Insurance, Group Protection and Retirement Plan Services business segments.  
Wealth Management Business        
Reconciliation of total income (loss) from operations to net income (loss):        
Transaction and integration costs for acquisitions or divestiture, before tax       (20)
Bain Capital Prairie, LLC        
Reconciliation of total income (loss) from operations to net income (loss):        
Transaction and integration costs for acquisitions or divestiture, before tax       (18)
Embedded Derivative Instruments        
Reconciliation of total income (loss) from operations to net income (loss):        
Change in fair value of derivatives 162 78 $ 287 20
Qualifying Hedges        
Reconciliation of total income (loss) from operations to net income (loss):        
Change in fair value of derivatives (115) (605) 62 (337)
Operating Segments and Corporate Non Segment        
Segment Reporting [Line Items]        
Operating revenues 4,926 4,726 9,794 9,411
Benefits and policyholder liability remeasurement (gain) loss 1,921 1,908 3,922 3,937
Interest credited 1,024 916 2,023 1,805
Commissions 605 570 1,221 1,127
General and administrative expenses 658 626 1,302 1,256
Interest and debt expense 82 81 164 161
Other 108 108 207 246
Total operating expenses 4,398 4,209 8,839 8,532
Total federal income tax expense (benefit) 78 79 145 127
Total income (loss) from operations 450 438 810 752
Other Operations        
Segment Reporting [Line Items]        
Operating revenues 84 41 142 94
Benefits and policyholder liability remeasurement (gain) loss 9 7 17 11
Interest credited 48 13 90 27
Commissions 1 0 2 0
General and administrative expenses 60 57 122 125
Interest and debt expense 82 81 164 161
Other 2 (1) 7 (2)
Total operating expenses 202 157 402 322
Total federal income tax expense (benefit) (28) (25) (59) (42)
Total income (loss) from operations (90) (91) (201) (186)
Reconciliation of total income (loss) from operations to net income (loss):        
Gains (losses) on other non-financial assets – sale of subsidiaries/businesses, pre-tax     (6)  
Annuities | Operating Segments        
Segment Reporting [Line Items]        
Operating revenues 1,341 1,214 2,624 2,412
Benefits and policyholder liability remeasurement (gain) loss 47 32 71 60
Interest credited 513 439 1,008 858
Commissions 329 292 668 590
General and administrative expenses 135 126 268 251
Interest and debt expense 0 0 0 0
Other (22) (13) (64) (25)
Total operating expenses 1,002 876 1,951 1,734
Total federal income tax expense (benefit) 52 51 111 101
Total income (loss) from operations 287 287 562 577
Reconciliation of total income (loss) from operations to net income (loss):        
Gains (losses) on other non-financial assets – sale of subsidiaries/businesses, pre-tax     0  
Life Insurance | Operating Segments        
Segment Reporting [Line Items]        
Operating revenues 1,572 1,602 3,200 3,188
Benefits and policyholder liability remeasurement (gain) loss 894 956 1,869 1,958
Interest credited 293 289 585 576
Commissions 112 111 224 210
General and administrative expenses 134 133 263 263
Interest and debt expense 0 0 0 0
Other 75 79 153 179
Total operating expenses 1,508 1,568 3,094 3,186
Total federal income tax expense (benefit) 7 2 8 (14)
Total income (loss) from operations 57 32 98 16
Reconciliation of total income (loss) from operations to net income (loss):        
Gains (losses) on other non-financial assets – sale of subsidiaries/businesses, pre-tax     0  
Group Protection | Operating Segments        
Segment Reporting [Line Items]        
Operating revenues 1,576 1,538 3,129 3,059
Benefits and policyholder liability remeasurement (gain) loss 971 913 1,965 1,908
Interest credited 1 1 1 0
Commissions 133 139 268 272
General and administrative expenses 238 227 468 449
Interest and debt expense 0 0 0 0
Other 47 39 99 83
Total operating expenses 1,390 1,319 2,801 2,712
Total federal income tax expense (benefit) 39 46 69 73
Total income (loss) from operations 147 173 259 274
Reconciliation of total income (loss) from operations to net income (loss):        
Gains (losses) on other non-financial assets – sale of subsidiaries/businesses, pre-tax     0  
Retirement Plan Services | Operating Segments        
Segment Reporting [Line Items]        
Operating revenues 353 331 699 658
Benefits and policyholder liability remeasurement (gain) loss 0 0 0 0
Interest credited 169 174 339 344
Commissions 30 28 59 55
General and administrative expenses 91 83 181 168
Interest and debt expense 0 0 0 0
Other 6 4 12 11
Total operating expenses 296 289 591 578
Total federal income tax expense (benefit) 8 5 16 9
Total income (loss) from operations $ 49 $ 37 92 $ 71
Reconciliation of total income (loss) from operations to net income (loss):        
Gains (losses) on other non-financial assets – sale of subsidiaries/businesses, pre-tax     $ 0