v3.26.1
MRBs - Summary of Balances of Changes in Net MRB (Assets) Liabilities (Details) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Market Risk Benefit [Roll Forward]    
Balance as of beginning-of-year $ (3,635)  
Balance as of end-of-period (4,182)  
Variable Annuities    
Market Risk Benefit [Roll Forward]    
Balance as of beginning-of-year (3,715) $ (3,804)
Balance as of beginning-of-period, before the effect of changes in non-performance risk (4,081) (3,651)
Attributed fees collected 749 734
Benefit payments (13) (14)
Effect of changes in interest rates (278) 175
Effect of changes in equity markets (1,218) (792)
Effect of changes in equity index volatility 28 35
In-force updates and other changes in MRBs 226 185
Balance as of end-of-year, before the effect of changes in non-performance risk (4,585) (3,318)
Issuances 2 10
Effect of cumulative changes in non-performance risk 332 (102)
Balance as of end-of-period (4,253) (3,420)
Less: Ceded MRB assets (liabilities) (387) (339)
Balance as of end-of-period, net of reinsurance $ (3,866) $ (3,081)
Weighted-average age of policyholders (years) 74 years 73 years
Net amount at risk $ 1,594 $ 1,689
Variable Annuities | Cumulative Effect, Period of Adoption, Adjustment    
Market Risk Benefit [Roll Forward]    
Balance as of beginning-of-year 366 (153)
Fixed Annuities    
Market Risk Benefit [Roll Forward]    
Balance as of beginning-of-year 124 32
Balance as of beginning-of-period, before the effect of changes in non-performance risk 159 65
Attributed fees collected 15 16
Benefit payments 0 0
Effect of changes in interest rates (14) 35
Effect of changes in equity markets (2) 0
Effect of changes in equity index volatility 0 3
In-force updates and other changes in MRBs 3 13
Balance as of end-of-year, before the effect of changes in non-performance risk 163 132
Issuances 2 0
Effect of cumulative changes in non-performance risk (46) (42)
Balance as of end-of-period 117 90
Less: Ceded MRB assets (liabilities) 0 0
Balance as of end-of-period, net of reinsurance $ 117 $ 90
Weighted-average age of policyholders (years) 71 years 70 years
Net amount at risk $ 438 $ 272
Fixed Annuities | Cumulative Effect, Period of Adoption, Adjustment    
Market Risk Benefit [Roll Forward]    
Balance as of beginning-of-year (35) (33)
Retirement Plan Services    
Market Risk Benefit [Roll Forward]    
Balance as of beginning-of-year (44) (42)
Balance as of beginning-of-period, before the effect of changes in non-performance risk (45) (42)
Attributed fees collected 4 3
Benefit payments 0 0
Effect of changes in interest rates 0 (2)
Effect of changes in equity markets (4) (3)
Effect of changes in equity index volatility 0 0
In-force updates and other changes in MRBs 0 2
Balance as of end-of-year, before the effect of changes in non-performance risk (45) (42)
Issuances 0 0
Effect of cumulative changes in non-performance risk (1) 0
Balance as of end-of-period (46) (42)
Less: Ceded MRB assets (liabilities) 0 0
Balance as of end-of-period, net of reinsurance $ (46) $ (42)
Weighted-average age of policyholders (years) 64 years 63 years
Net amount at risk $ 2 $ 2
Retirement Plan Services | Cumulative Effect, Period of Adoption, Adjustment    
Market Risk Benefit [Roll Forward]    
Balance as of beginning-of-year $ 1 $ 0