v3.26.1
Closed Block (Closed Block Revenues and Benefits and Expenses) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Premiums $ 426 $ 444 $ 829 $ 862
Net investment income 515 511 1,046 1,003
Realized investment gains (losses), net (37) (199) (65) (255)
Other income (loss) 230 190 204 156
Total Closed Block revenues 1,134 946 2,014 1,766
Benefits and Expenses        
Policyholders’ benefits 587 616 1,159 1,217
Interest credited to policyholders’ account balances 28 28 55 56
Dividends to policyholders 464 249 679 377
General and administrative expenses 60 64 121 142
Total Closed Block benefits and expenses 1,139 957 2,014 1,792
Closed Block revenues, net of Closed Block benefits and expenses, before income taxes (5) (11) 0 (26)
Income tax expense (benefit) (24) (31) (39) (66)
Closed Block revenues, net of Closed Block benefits and expenses and income taxes $ 19 $ 20 $ 39 $ 40