v3.26.1
POLICYHOLDER ACCOUNT BALANCES - Balances and Changes in Policyholders' Account Balances (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Policyholder Account Balance [Roll Forward]        
Balance, beginning of period      
Interest credited $ 834 $ 796 1,604 $ 1,474
Balance, end of period    
Retirement | GMxB Core        
Policyholder Account Balance [Roll Forward]        
Balance, beginning of period     (52) (4)
Premiums received     45 91
Policy charges     6 4
Surrenders and withdrawals     (15) (15)
Benefit payments     0 (1)
Net transfers from (to) Separate Account     (56) (106)
Interest credited     2 4
Other (4)     0 0
Balance, end of period $ (70) $ (27) $ (70) $ (27)
Weighted-average crediting rate 1.84% 1.97% 1.84% 1.97%
Net amount at risk $ 2,799 $ 2,953 $ 2,799 $ 2,953
Cash surrender value 160 202 160 202
Retirement | SCS        
Policyholder Account Balance [Roll Forward]        
Balance, beginning of period     80,752 65,267
Premiums received     435 5
Policy charges     (52) (24)
Surrenders and withdrawals     (3,379) (2,534)
Benefit payments     (241) (179)
Net transfers from (to) Separate Account     6,473 6,760
Interest credited     6,088 2,247
Other (4)     0 0
Balance, end of period 90,076 71,542 90,076 71,542
Net amount at risk 3 0 3 0
Cash surrender value 85,864 68,284 85,864 68,284
Retirement | EQUI-VEST Individual        
Policyholder Account Balance [Roll Forward]        
Balance, beginning of period     1,819 2,037
Premiums received     16 18
Policy charges     0 0
Surrenders and withdrawals     (110) (127)
Benefit payments     (23) (33)
Net transfers from (to) Separate Account     10 8
Interest credited     26 29
Other (4)     0 0
Balance, end of period $ 1,738 $ 1,932 $ 1,738 $ 1,932
Weighted-average crediting rate 2.99% 2.96% 2.99% 2.96%
Net amount at risk $ 94 $ 100 $ 94 $ 100
Cash surrender value 1,733 1,927 1,733 1,927
Retirement | EQUI-VEST Group        
Policyholder Account Balance [Roll Forward]        
Balance, beginning of period     10,968 11,158
Premiums received     295 293
Policy charges     (3) (3)
Surrenders and withdrawals     (649) (688)
Benefit payments     (34) (32)
Net transfers from (to) Separate Account     153 237
Interest credited     175 165
Other (4)     0 0
Balance, end of period $ 10,905 $ 11,130 $ 10,905 $ 11,130
Weighted-average crediting rate 2.66% 2.75% 2.66% 2.75%
Net amount at risk $ 6 $ 7 $ 6 $ 7
Cash surrender value 10,857 11,084 10,857 11,084
Retirement | Momentum        
Policyholder Account Balance [Roll Forward]        
Balance, beginning of period     489 527
Premiums received     20 26
Policy charges     0 0
Surrenders and withdrawals     (56) (53)
Benefit payments     (1) (1)
Net transfers from (to) Separate Account     (19) (7)
Interest credited     5 6
Other (4)     0 0
Balance, end of period $ 438 $ 498 $ 438 $ 498
Weighted-average crediting rate 2.30% 2.48% 2.30% 2.48%
Net amount at risk $ 0 $ 0 $ 0 $ 0
Cash surrender value 438 499 438 499
Corporate & Other | UL        
Policyholder Account Balance [Roll Forward]        
Balance, beginning of period     4,924 5,065
Premiums received     271 300
Policy charges     (314) (335)
Surrenders and withdrawals     (40) (43)
Benefit payments     (79) (122)
Net transfers from (to) Separate Account     0 0
Interest credited     106 108
Other (4)     0 0
Balance, end of period $ 4,868 $ 4,973 $ 4,868 $ 4,973
Weighted-average crediting rate 3.85% 3.83% 3.85% 3.83%
Net amount at risk $ 30,087 $ 32,105 $ 30,087 $ 32,105
Cash surrender value 3,266 3,323 3,266 3,323
Corporate & Other | VUL        
Policyholder Account Balance [Roll Forward]        
Balance, beginning of period     5,165 4,982
Premiums received     37 60
Policy charges     (143) (139)
Surrenders and withdrawals     (35) (2)
Benefit payments     (20) (70)
Net transfers from (to) Separate Account     176 117
Interest credited     108 113
Other (4)     0 0
Balance, end of period $ 5,288 $ 5,061 $ 5,288 $ 5,061
Weighted-average crediting rate 3.67% 3.67% 3.67% 3.67%
Net amount at risk $ 116,980 $ 117,332 $ 116,980 $ 117,332
Cash surrender value 3,247 3,176 3,247 3,176
Corporate & Other | GMxB Legacy        
Policyholder Account Balance [Roll Forward]        
Balance, beginning of period     222 226
Premiums received     2 5
Policy charges     17 18
Surrenders and withdrawals     (29) (32)
Benefit payments     (8) (8)
Net transfers from (to) Separate Account     5 5
Interest credited     6 6
Other (4)     1 33
Balance, end of period $ 216 $ 253 $ 216 $ 253
Weighted-average crediting rate 2.78% 2.78% 2.78% 2.78%
Net amount at risk $ 13,628 $ 15,835 $ 13,628 $ 15,835
Cash surrender value $ 401 $ 452 $ 401 $ 452