v3.26.1
Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Statement of Comprehensive Income [Abstract]        
Net income (loss) $ 660 $ 185 $ 240 $ 167
Other comprehensive income (loss), net of tax:        
Change in unrealized gains (losses) on securities with no credit impairment, net of tax expense (benefit) of: $17 and $9, for the three months ended June 30, 2026 and 2025, respectively, and $19 and $49, for the six months ended June 30, 2026 and 2025, respectively. 172 354 (380) 961
Change in unrealized gains (losses) on securities with credit impairment, net of tax expense (benefit) of: $1 and $(1), for the three months ended June 30, 2026 and 2025, respectively, and $1 and $(1), for the six months ended June 30, 2026 and 2025, respectively. (9) (25) (33) (26)
Change in current discount rate related to reserve for future policy benefits, net of tax expense (benefit) of $(3) and $(7), for the three months ended June 30, 2026 and 2025, respectively, and $13 and $(23), for the six months ended June 30, 2026 and 2025, respectively. (11) (24) 46 (83)
Change in non-performance risk on market risk benefits, net of tax expense (benefit) of $(14) and $(58), for the three months ended June 30, 2026 and 2025, respectively, and $58 and $13, for the six months ended June 30, 2026 and 2025, respectively. (49) (209) 212 47
Total other comprehensive income (loss) 103 96 (155) 899
Comprehensive income (loss) 763 281 85 1,066
Less: Comprehensive income (loss) attributable to noncontrolling interests 5 6 9 12
Comprehensive income (loss) attributable to Jackson Financial Inc. $ 758 $ 275 $ 76 $ 1,054