Separate Accounts (Tables)

6 Months Ended

Jun. 30, 2026

The following tables present a rollforward of separate account liabilities for the Retirement stabilizer and deferred annuity business, including a reconciliation to the Condensed Consolidated Balance Sheets, for the periods indicated:


	June 30, 2026						December 31, 2025
Retirement	Stabilizer(1)		Deferred Annuity		Total		Stabilizer(1)		Deferred Annuity		Total
Balance at January 1	$	7,159	$	101,145	$	108,304	$	6,901	$	90,756	$	97,657
Premiums and deposits	908		5,562		6,470		963		10,758		11,721
Fee income	(15)		(270)		(285)		(31)		(514)		(545)
Surrenders, withdrawals and benefits	(680)		(7,572)		(8,252)		(1,205)		(12,579)		(13,784)
Net transfers (from) to separate accounts	—		(747)		(747)		—		(1,574)		(1,574)
Investment performance	67		9,252		9,319		531		14,298		14,829
Balance at end of period	$	7,439	$	107,370	$	114,809	$	7,159	$	101,145	$	108,304

Reconciliation to Condensed Consolidated Balance Sheets:
Other variable products liabilities					4,615						4,703
Total Separate Account liabilities					$	119,424					$	113,007

Fair Value, Separate Account Investment

The aggregate fair value of assets, by major investment asset category, supporting separate accounts liabilities was as follows as of the periods indicated:


	June 30, 2026		December 31, 2025
U.S. Treasury securities and obligations of U.S. government, corporations and agencies	$	994	$	909

Corporate and foreign debt securities	2,818		2,635

Mortgage-backed securities	2,987		2,928
Equity securities (including mutual funds)	111,740		105,331

Cash, cash equivalents and short-term investments	741		734
Receivable for securities and accruals	144		470
Total	$	119,424	$	113,007