v3.26.1
Segment Information - Significant Expense Categories (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Expenses:        
Remeasurement (gains) losses of future policy benefit reserves $ 1 $ (3) $ 0 $ (13)
Change in fair value of market risk benefits (229) (10) 149 487
Interest and debt expense 84 82 164 162
Advice & Wealth Management        
Expenses:        
Distribution expenses 1,829 1,546 3,599 3,100
Interest credited to fixed accounts 0 0 0 0
Benefits, claims, losses and settlement expenses 0 0 0 0
Remeasurement (gains) losses of future policy benefit reserves 0 0 0 0
Change in fair value of market risk benefits 0 0 0 0
Amortization of deferred acquisition costs 0 0 0 0
Interest and debt expense 15 14 30 26
General and administrative expense 463 435 902 859
Total expenses 2,307 1,995 4,531 3,985
Asset Management        
Expenses:        
Distribution expenses 270 240 532 486
Interest credited to fixed accounts 0 0 0 0
Benefits, claims, losses and settlement expenses 0 0 0 0
Remeasurement (gains) losses of future policy benefit reserves 0 0 0 0
Change in fair value of market risk benefits 0 0 0 0
Amortization of deferred acquisition costs 1 1 3 3
Interest and debt expense 4 3 8 6
General and administrative expense 398 364 767 718
Total expenses 673 608 1,310 1,213
Retirement & Protection Solutions        
Expenses:        
Distribution expenses 139 126 271 249
Interest credited to fixed accounts 94 93 187 185
Benefits, claims, losses and settlement expenses 234 209 469 420
Remeasurement (gains) losses of future policy benefit reserves (3) (7) (5) (10)
Change in fair value of market risk benefits 162 153 317 296
Amortization of deferred acquisition costs 58 58 116 115
Interest and debt expense 10 11 20 19
General and administrative expense 79 79 160 159
Total expenses 773 722 1,535 1,433
Corporate & Other        
Expenses:        
Distribution expenses (3) (3) (5) (5)
Interest credited to fixed accounts 50 51 100 102
Benefits, claims, losses and settlement expenses 54 53 107 109
Remeasurement (gains) losses of future policy benefit reserves 4 4 5 (3)
Change in fair value of market risk benefits 0 0 0 0
Amortization of deferred acquisition costs 2 1 3 3
Interest and debt expense 26 26 50 54
General and administrative expense 62 83 119 156
Total expenses $ 195 $ 215 $ 379 $ 416