Equity (Tables)

6 Months Ended

Jun. 30, 2026

Schedule of Rollforward of Outstanding Shares

The following table presents a rollforward of outstanding shares:


Six Months Ended June 30, 2026	Common Stock Issued	Treasury Stock	Common Stock Outstanding

Shares, beginning of year	650,189,849	(153,816,103)	496,373,746
Shares issued under long-term incentive compensation plans	—	1,381,018	1,381,018
Shares repurchased	—	(51,986,156)	(51,986,156)
Shares, end of period	650,189,849	(204,421,241)	445,768,608

Schedule of Authorized Common Stock Repurchases

The following table presents by announcement date, common stock repurchases authorized by Corebridge’s Board of

Directors:


June 30, 2026
Announcement date	Authorized amount	Authorization Remaining*
(in millions)

June 23, 2025	$2,000	$1,042
February 11, 2025	$2,000	$—
April 30, 2024	$2,000	$—
May 4, 2023	$1,000	$—

* The authorization remaining at June 30, 2026 does not reflect the applicable excise tax payable due to the Inflation Reduction Act of 2022.

Schedule of Dividends Declared

Dividends

Common Stock Dividends


Declaration Date	Record Date	Payment Date	Dividend Paid Per Common Share

May 4, 2026	June 16, 2026	June 30, 2026	$0.25
February 9, 2026	March 17, 2026	March 31, 2026	$0.25

Preferred Stock Dividends


Declaration Date	Record Date	Payment Date	Dividend Paid Per Common Share

May 5, 2026	May 15, 2026	June 1, 2026	$36.86

Schedule of Rollforward of Accumulated Other Comprehensive Income (Loss)

The following table presents a rollforward of Accumulated other comprehensive income (loss):


(in millions)	Unrealized appreciation (depreciation) of Fixed maturity securities on which allowance for credit losses was taken	Unrealized appreciation (depreciation) of all Other Investments	Change in fair value of market risk benefits attributable to changes in our own credit risk	Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts	Cash flow hedges	Foreign currency translation adjustments	Retirement plan liabilities adjustment	Total
Three Months Ended June 30, 2026
Balance, March 31, 2026, net of tax	$(63)	$(13,684)	$(645)	$3,905	$26	$31	$2	$(10,428)
Change in unrealized appreciation (depreciation) of investments	33	1,012	—	—	—	—	—	1,045
Change in fair value of market risk benefits attributable to changes in our own credit risk	—	—	(266)	—	—	—	—	(266)
Change in discount rates assumptions of certain liabilities	—	—	—	(256)	—	—	—	(256)
Change in future policy benefits and other	—	(21)	—	—	—	—	—	(21)
Change in cash flow hedges	—	—	—	—	(108)	—	—	(108)
Change in foreign currency translation adjustments	—	—	—	—	—	(4)	—	(4)
Change in deferred tax asset (liability)	(7)	(258)	58	55	23	—	—	(129)
Total other comprehensive income (loss)	26	733	(208)	(201)	(85)	(4)	—	261
Less: Noncontrolling interests	—	—	—	—	—	—	—	—
Balance, June 30, 2026, net of tax	$(37)	$(12,951)	$(853)	$3,704	$(59)	$27	$2	$(10,167)
Three Months Ended June 30, 2025
Balance, March 31, 2025, net of tax	$(30)	$(14,745)	$(737)	$3,382	$91	$(12)	$2	$(12,049)
Change in unrealized appreciation (depreciation) of investments	17	1,568	—	—	—	—	—	1,585
Change in fair value of market risk benefits attributable to changes in our own credit risk	—	—	16	—	—	—	—	16
Change in discount rates assumptions of certain liabilities	—	—	—	60	—	—	—	60
Change in future policy benefits and other	—	(1)	—	—	—	—	—	(1)
Change in cash flow hedges	—	—	—	—	57	—	—	57
Change in foreign currency translation adjustments	—	—	—	—	—	41	—	41
Change in deferred tax (liability)	(4)	(305)	(3)	(13)	(12)	(4)	—	(341)
Total other comprehensive income	13	1,262	13	47	45	37	—	1,417
Less: Noncontrolling interests	—	—	—	—	—	1	—	1
Balance, June 30, 2025, net of tax	$(17)	$(13,483)	$(724)	$3,429	$136	$24	$2	$(10,633)


(in millions)	Unrealized appreciation (depreciation) of Fixed maturity securities on which allowance for credit losses was taken	Unrealized appreciation (depreciation) of all Other Investments	Change in fair value of market risk benefits attributable to changes in our own credit risk	Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts	Cash flow hedges	Foreign currency translation adjustments	Retirement plan liabilities adjustment	Total
Six Months Ended June 30, 2026
Balance at December 31, 2025, net of tax	$(29)	$(11,656)	$(1,116)	$3,250	$66	$31	$2	$(9,452)
Change in unrealized appreciation (depreciation) of investments	(10)	(1,507)	—	—	—	—	—	(1,517)
Change in fair value of market risk benefits attributable to changes in our own credit risk	—	—	335	—	—	—	—	335
Change in discount rates assumptions of certain liabilities	—	—	—	581	—	—	—	581
Change in future policy benefits and other	—	29	—	—	—	—	—	29
Change in cash flow hedges	—	—	—	—	(160)	—	—	(160)
Change in foreign currency translation adjustments	—	—	—	—	—	(4)	—	(4)
Change in deferred tax asset (liability)	2	183	(72)	(127)	35	—	—	21
Total other comprehensive income (loss)	(8)	(1,295)	263	454	(125)	(4)	—	(715)
Less: Noncontrolling interests	—	—	—	—	—	—	—	—
Balance, June 30, 2026, net of tax	$(37)	$(12,951)	$(853)	$3,704	$(59)	$27	$2	$(10,167)
Six Months Ended June 30, 2025
Balance, December 31, 2024, net of tax	$(43)	$(16,229)	$(690)	$3,342	$(46)	$(17)	$2	$(13,681)
Change in unrealized appreciation (depreciation) of investments	33	3,571	—	—	—	—	—	3,604
Change in fair value of market risk benefits attributable to changes in our own credit risk	—	—	(44)	—	—	—	—	(44)
Change in discount rates assumptions of certain liabilities	—	—	—	110	—	—	—	110
Change in future policy benefits and other	—	(33)	—	—	—	—	—	(33)
Change in cash flow hedges	—	—	—	—	232	—	—	232
Change in foreign currency translation adjustments	—	—	—	—	—	46	—	46
Change in deferred tax asset (liability)	(7)	(792)	10	(23)	(50)	(4)	—	(866)
Total other comprehensive income (loss)	26	2,746	(34)	87	182	42	—	3,049
Less: Noncontrolling interests	—	—	—	—	—	1	—	1
Balance, June 30, 2025, net of tax	$(17)	$(13,483)	$(724)	$3,429	$136	$24	$2	$(10,633)

Schedule of Reclassification out of Accumulated Other Comprehensive Income

The following table presents the OCI reclassification adjustments for the three and six months ended June 30, 2026 and

2025, respectively:


(in millions)	Unrealized appreciation (depreciation) of Fixed maturity securities on which allowance for credit losses was taken	Unrealized appreciation (depreciation) of all Other Investments	Change in fair value of market risk benefits attributable to changes in our own credit risk	Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts	Cash flow hedges	Foreign currency translation adjustments	Total
Three Months Ended June 30, 2026
Unrealized change arising during period	$34	$931	$(266)	$(256)	$(108)	$(4)	$331
Less: Reclassification adjustments included in net income	1	(60)	—	—	—	—	(59)
Total other comprehensive income (loss), before income tax expense (benefit)	33	991	(266)	(256)	(108)	(4)	390
Less: Income tax expense (benefit)	7	258	(58)	(55)	(23)	—	129
Total other comprehensive income (loss), net of income tax expense (benefit)	$26	$733	$(208)	$(201)	$(85)	$(4)	$261
Three Months Ended June 30, 2025
Unrealized change arising during period	$17	$799	$16	$60	$57	$41	$990
Less: Reclassification adjustments included in net income	—	(768)	—	—	—	—	(768)
Total other comprehensive income (loss), before income tax expense (benefit)	17	1,567	16	60	57	41	1,758
Less: Income tax expense (benefit)	4	305	3	13	12	4	341
Total other comprehensive income (loss), net of income tax expense (benefit)	$13	$1,262	$13	$47	$45	$37	$1,417
Six Months Ended June 30, 2026
Unrealized change arising during period	$(5)	$(1,801)	$335	$581	$(160)	$(4)	$(1,054)
Less: Reclassification adjustments included in net income	5	(323)	—	—	—	—	(318)
Total other comprehensive income (loss), before income tax expense (benefit)	(10)	(1,478)	335	581	(160)	(4)	(736)
Less: Income tax expense (benefit)	(2)	(183)	72	127	(35)	—	(21)
Total other comprehensive income (loss), net of income tax expense (benefit)	$(8)	$(1,295)	$263	$454	$(125)	$(4)	$(715)
Six Months Ended June 30, 2025
Unrealized change arising during period	$32	$2,615	$(44)	$143	$232	$46	$3,024
Less: Reclassification adjustments included in net income	(1)	(923)	—	33	—	—	(891)
Total other comprehensive income (loss), before income tax expense (benefit)	33	3,538	(44)	110	232	46	3,915
Less: Income tax expense (benefit)	7	792	(10)	23	50	4	866
Total other comprehensive income (loss), net of income tax expense (benefit)	$26	$2,746	$(34)	$87	$182	$42	$3,049

The following table presents the effect of the reclassification of significant items out of Accumulated other comprehensive

income on the respective line items in the Condensed Consolidated Statements of Income (Loss)*:


	Amount Reclassified from AOCI				Affected Line Item in the Condensed Consolidated Statements of Income (Loss)
	Three Months Ended June 30,		Six Months Ended June 30,
(in millions)	2026	2025	2026	2025
Unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken
Investments	$1	$—	$5	$(1)	Net realized gains (losses)
Total	$1	$—	$5	$(1)
Unrealized appreciation (depreciation) of all other investments
Investments	$(60)	$(768)	$(323)	$(923)	Net realized gains (losses)
Total	$(60)	$(768)	$(323)	$(923)
Effect of changes in the discount rates used to measure traditional and limited-payment long duration insurance contracts
Reinsurance recapture	$—	$—	$—	$33	Policyholder benefits
Total	$—	$—	$—	$33
Total reclassifications for the period	$(59)	$(768)	$(318)	$(891)

*The following items are not reclassified out of AOCI and included in the Condensed Consolidated Statements of Income (Loss) and thus have been excluded from the

table:(a) Change in fair value of MRBs attributable to changes in our own credit risk; and (b) Change in the discount rates used to measure traditional and limited-

payment long-duration insurance contracts.

Schedule of Non-Redeemable Noncontrolling Interest

The following table presents a rollforward of non-redeemable noncontrolling interest:


	Three Months Ended June 30,		Six Months Ended June 30,
(in millions)	2026	2025	2026	2025
Beginning balance	$736	$856	$759	$864
Net (loss) attributable to redeemable noncontrolling interest	—	(8)	(8)	(1)
Other comprehensive income, net of tax	—	1	—	1
Contributions from noncontrolling interests	—	30	8	38
Distributions to noncontrolling interests	(11)	(12)	(32)	(32)
Other	(3)	—	(5)	(3)
Ending balance	$722	$867	$722	$867