v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
FROM OPERATIONS        
Investment income, net $ 179.8 $ 201.4 $ 346.4 $ 412.1
Net realized gain (loss) on investments and debt 38.1 (526.7) (108.4) (704.6)
Net change in unrealized gain (loss) on investments and debt 117.1 509.5 236.0 696.4
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS 335.0 184.2 474.0 403.9
FROM TRANSACTIONS BY CONTRACT OWNERS AND TIAA        
Premiums 602.8 648.8 1,284.5 1,462.8
Annuity payments (10.6) (10.8) (21.2) (21.8)
Death benefits (42.6) (35.2) (75.5) (68.1)
Withdrawals (669.7) (692.1) (1,477.3) (1,588.2)
NET (DECREASE) INCREASE IN NET ASSETS RESULTING FROM TRANSACTIONS BY CONTRACT OWNERS AND TIAA (120.1) (89.3) (289.5) (215.3)
NET INCREASE (DECREASE) IN NET ASSETS 214.9 94.9 184.5 188.6
NET ASSETS        
Beginning of period 22,736.2 22,580.6 22,766.6 22,486.9
End of period $ 22,951.1 $ 22,675.5 $ 22,951.1 $ 22,675.5