v3.26.1
Future Contract Benefits - Summary of Changes in Present Values of LFPB (UL and Other) (Details) - UL and Other - 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        
Balance as of beginning-of-year $ 17,948 $ 16,062    
Effect of cumulative changes in shadow balance in AOCI (2,018) (2,408) $ (2,191) $ (2,673)
Balance as of beginning-of-year, excluding shadow balance in AOCI 20,139 18,735    
Effect of actual variances from expected experience     $ 107 $ 117
Adjusted balance as of beginning-of-year 20,246 18,852    
Interest accrual 499 461    
Net assessments collected 567 616    
Benefit payments (608) (532)    
Balance as of end-of-year, excluding shadow balance in AOCI 20,704 19,397    
Balance as of end-of-period 18,686 16,989    
Less: Reinsurance recoverables 5,652 5,385    
Net balance as of end-of-period, net of reinsurance $ 13,034 $ 11,604    
Weighted-average duration of future policyholder benefit liability 16 years 16 years    
Effect on liability based on mortality $ 107 $ 116    
Effect of actual variances from expected experience, net of reinsurance $ 41 $ 35