v3.26.1
LIABILITIES FOR FUTURE POLICYHOLDER BENEFITS - Policyholder Account Balance (Details) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Present Value of Expected Future Policy Benefits      
Liability for Future Policy Benefit, before Reinsurance $ 17,372   $ 17,660
Retirement | Payout      
Present Value of Expected Net Premiums      
Balance, beginning of period 0 $ 0  
Beginning balance at original discount rate 0 0  
Effect of changes in cash flow assumptions 0 0  
Effect of actual variances from expected experience 0 0  
Adjusted beginning of period balance 0 0  
Issuances 0 0  
Interest accrual 0 0  
Net premiums collected 0 0  
Ending Balance at original discount rate 0 0  
Effect of changes in discount rate assumptions 0 0  
Balance, end of period 0 0  
Present Value of Expected Future Policy Benefits      
Balance, beginning of period 5,243 5,050  
Beginning balance of original discount rate 5,402 5,390  
Beginning balance before AOCI adjustments (15) (468)  
Effect of actual variances from expected experience (3) (3)  
Adjusted beginning of period balance 5,384 4,919  
Issuances 365 398  
Interest accrual 105 99  
Benefits payments (286) (251)  
Ending Balance at original discount rate 5,568 5,165  
Effect of changes in discount rate assumptions (223) (229)  
Balance, end of period 5,345 4,936  
Impact of flooring LFPB at zero 0 0  
Liability for Future Policy Benefit, before Reinsurance 5,345 4,936 5,243
Less: Reinsurance recoverable (1,261) (1,027)  
Net liability for future policy benefits, after reinsurance recoverable $ 4,084 $ 3,909  
Weighted-average duration of liability for future policyholder benefits (years) 7 years 4 months 24 days 7 years 7 months 6 days  
Corporate & Other | Term      
Present Value of Expected Net Premiums      
Balance, beginning of period $ 1,818 $ 1,932  
Beginning balance at original discount rate 1,802 1,959  
Effect of changes in cash flow assumptions (3) 0  
Effect of actual variances from expected experience (51) (54)  
Adjusted beginning of period balance 1,748 1,905  
Issuances 15 20  
Interest accrual 43 47  
Net premiums collected (81) (90)  
Ending Balance at original discount rate 1,725 1,882  
Effect of changes in discount rate assumptions (15) 0  
Balance, end of period 1,710 1,882  
Present Value of Expected Future Policy Benefits      
Balance, beginning of period 3,058 3,216  
Beginning balance of original discount rate 2,991 3,215  
Beginning balance before AOCI adjustments 7 0  
Effect of actual variances from expected experience (74) (73)  
Adjusted beginning of period balance 2,924 3,142  
Issuances 16 22  
Interest accrual 73 79  
Benefits payments (116) (120)  
Ending Balance at original discount rate 2,897 3,123  
Effect of changes in discount rate assumptions 14 45  
Balance, end of period 2,911 3,168  
Impact of flooring LFPB at zero 1 1  
Liability for Future Policy Benefit, before Reinsurance 1,202 1,287 1,241
Less: Reinsurance recoverable (889) 2  
Net liability for future policy benefits, after reinsurance recoverable $ 313 $ 1,289  
Weighted-average duration of liability for future policyholder benefits (years) 6 years 10 months 24 days 6 years 9 months 18 days  
Corporate & Other | Group Pension      
Present Value of Expected Net Premiums      
Balance, beginning of period $ 0 $ 0  
Beginning balance at original discount rate 0 0  
Effect of changes in cash flow assumptions 0 0  
Effect of actual variances from expected experience 0 0  
Adjusted beginning of period balance 0 0  
Issuances 0 0  
Interest accrual 0 0  
Net premiums collected 0 0  
Ending Balance at original discount rate 0 0  
Effect of changes in discount rate assumptions 0 0  
Balance, end of period 0 0  
Present Value of Expected Future Policy Benefits      
Balance, beginning of period 432 460  
Beginning balance of original discount rate 472 514  
Beginning balance before AOCI adjustments 0 0  
Effect of actual variances from expected experience 0 0  
Adjusted beginning of period balance 472 514  
Issuances 0 0  
Interest accrual 8 9  
Benefits payments (28) (31)  
Ending Balance at original discount rate 452 492  
Effect of changes in discount rate assumptions (45) (45)  
Balance, end of period 407 447  
Impact of flooring LFPB at zero 0 0  
Liability for Future Policy Benefit, before Reinsurance 407 447 432
Less: Reinsurance recoverable 0 0  
Net liability for future policy benefits, after reinsurance recoverable $ 407 $ 447  
Weighted-average duration of liability for future policyholder benefits (years) 6 years 9 months 18 days 6 years 10 months 24 days  
Corporate & Other | Health      
Present Value of Expected Net Premiums      
Balance, beginning of period $ (23) $ (25)  
Beginning balance at original discount rate (24) (26)  
Effect of changes in cash flow assumptions 0 0  
Effect of actual variances from expected experience (1) (2)  
Adjusted beginning of period balance (25) (28)  
Issuances 0 0  
Interest accrual 0 (1)  
Net premiums collected 2 3  
Ending Balance at original discount rate (23) (26)  
Effect of changes in discount rate assumptions 1 1  
Balance, end of period (22) (25)  
Present Value of Expected Future Policy Benefits      
Balance, beginning of period 1,293 1,337  
Beginning balance of original discount rate 1,458 1,555  
Beginning balance before AOCI adjustments 0 0  
Effect of actual variances from expected experience (1) (7)  
Adjusted beginning of period balance 1,457 1,548  
Issuances 0 0  
Interest accrual 24 25  
Benefits payments (71) (75)  
Ending Balance at original discount rate 1,410 1,498  
Effect of changes in discount rate assumptions (180) (187)  
Balance, end of period 1,230 1,311  
Impact of flooring LFPB at zero 0 0  
Liability for Future Policy Benefit, before Reinsurance 1,252 1,336 $ 1,316
Less: Reinsurance recoverable (972) (1,044)  
Net liability for future policy benefits, after reinsurance recoverable $ 280 $ 292  
Weighted-average duration of liability for future policyholder benefits (years) 8 years 8 years 3 months 18 days