v3.26.1
Shareholders' Equity - OCI Components (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Pretax        
Total other comprehensive income (loss) $ (70) $ 342 $ (466) $ 829
Income Tax Benefit (Expense)        
Total other comprehensive income (loss) (1) (59) 82 (157)
Net of Tax        
Arising during the period (78) 271 (389) 664
Reclassification to net income 7 12 5 8
Total other comprehensive income (loss), net of tax (71) 283 (384) 672
Net unrealized gains (losses) on securities        
Pretax        
Total other comprehensive income (loss) (15) 250 (504) 732
Income Tax Benefit (Expense)        
Total other comprehensive income (loss) (9) (58) 98 (166)
Net of Tax        
Arising during the period (31) 180 (411) 558
Reclassification to net income 7 12 5 8
Total other comprehensive income (loss), net of tax (24) 192 (406) 566
Net unrealized gains (losses) on securities arising during the period        
Pretax        
Arising during the period (39) 233 (531) 724
Income Tax Benefit (Expense)        
Arising during the period (4) (54) 103 (164)
Net of Tax        
Arising during the period (43) 179 (428) 560
Reclassification of net (gains) losses on securities included in net income        
Pretax        
Reclassification to net income 9 15 6 10
Income Tax Benefit (Expense)        
Reclassification to net income (2) (3) (1) (2)
Net of Tax        
Reclassification to net income 7 12 5 8
Impact of benefit reserves and reinsurance recoverables        
Pretax        
Arising during the period 15 2 21 (2)
Income Tax Benefit (Expense)        
Arising during the period (3) (1) (4) 0
Net of Tax        
Arising during the period 12 1 17 (2)
Net unrealized gains (losses) on derivatives        
Pretax        
Arising during the period 0 (1) 0 (11)
Total other comprehensive income (loss) 0 (1) 0 (11)
Income Tax Benefit (Expense)        
Arising during the period 0 0 0 2
Total other comprehensive income (loss) 0 0 0 2
Net of Tax        
Arising during the period 0 (1) 0 (9)
Reclassification to net income 0 0 0 0
Total other comprehensive income (loss), net of tax 0 (1) 0 (9)
Effect of changes in discount rate assumptions on certain long-duration contracts        
Pretax        
Total other comprehensive income (loss) (6) (15) 77 (53)
Income Tax Benefit (Expense)        
Total other comprehensive income (loss) 1 3 (17) 11
Net of Tax        
Arising during the period (5) (12) 60 (42)
Reclassification to net income 0 0 0 0
Total other comprehensive income (loss), net of tax (5) (12) 60 (42)
Effect of changes in instrument-specific credit risk on MRBs        
Pretax        
Total other comprehensive income (loss) (38) 1 0 2
Income Tax Benefit (Expense)        
Total other comprehensive income (loss) 8 0 0 0
Net of Tax        
Arising during the period (30) 1 0 2
Reclassification to net income 0 0 0 0
Total other comprehensive income (loss), net of tax (30) 1 0 2
Foreign currency translation        
Pretax        
Total other comprehensive income (loss) (11) 107 (39) 159
Income Tax Benefit (Expense)        
Total other comprehensive income (loss) (1) (4) 1 (4)
Net of Tax        
Arising during the period (12) 103 (38) 155
Reclassification to net income 0 0 0 0
Total other comprehensive income (loss), net of tax $ (12) $ 103 $ (38) $ 155