v3.26.1
Contractholder Funds - Schedule of Balances and Changes in Contractholder Funds (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Policyholder Account Balance          
Reconciling items $ 4 $ 4 $ 3 $ 4  
Gross liability, end of period 64,398   64,398   $ 62,726
Less: Reinsurance recoverable 20,879   20,879   17,551
Indexed annuities          
Policyholder Account Balance          
Balance, beginning of year     33,226 30,235 30,235
Issuances     3,421   6,714
Premiums received     16   31
Policy charges     (121)   (222)
Surrenders and withdrawals     (1,990)   (3,831)
Benefit payments     (260)   (536)
Interest credited     614   830
Other     (3)   5
Balance, end of period 34,903   34,903   33,226
Issuances     3,421   6,714
Premiums received     16   31
Policy charges     (121)   (222)
Surrenders and withdrawals     (1,990)   (3,831)
Benefit payments     (260)   (536)
Interest credited     614   830
Other     (3)   5
Reconciling items     219   321
Gross liability, end of period 35,122   35,122   33,547
Less: Reinsurance recoverable 6,681   6,681   3,198
Net liability, after reinsurance $ 28,441   $ 28,441   $ 30,349
Weighted-average crediting rate 3.67%   3.67%   2.65%
Cash surrender value $ 32,442   $ 32,442   $ 30,920
Fixed rate annuities          
Policyholder Account Balance          
Balance, beginning of year     19,265 17,442 17,442
Issuances     286   3,801
Premiums received     0   0
Policy charges     0   0
Surrenders and withdrawals     (1,142)   (2,485)
Benefit payments     (193)   (358)
Interest credited     445   866
Other     0   (1)
Balance, end of period 18,661   18,661   19,265
Issuances     286   3,801
Premiums received     0   0
Policy charges     0   0
Surrenders and withdrawals     (1,142)   (2,485)
Benefit payments     (193)   (358)
Interest credited     445   866
Other     0   (1)
Reconciling items     2   2
Gross liability, end of period 18,663   18,663   19,267
Less: Reinsurance recoverable 12,691   12,691   12,863
Net liability, after reinsurance $ 5,972   $ 5,972   $ 6,404
Weighted-average crediting rate 4.81%   4.81%   4.84%
Cash surrender value $ 17,527   $ 17,527   $ 18,034
Universal Life          
Policyholder Account Balance          
Balance, beginning of year     3,292 2,817 2,817
Issuances     116   229
Premiums received     333   593
Policy charges     (208)   (378)
Surrenders and withdrawals     (73)   (130)
Benefit payments     (9)   (21)
Interest credited     129   182
Other     0   0
Balance, end of period 3,580   3,580   3,292
Issuances     116   229
Premiums received     333   593
Policy charges     (208)   (378)
Surrenders and withdrawals     (73)   (130)
Benefit payments     (9)   (21)
Interest credited     129   182
Other     0   0
Reconciling items     144   115
Gross liability, end of period 3,724   3,724   3,407
Less: Reinsurance recoverable 890   890   887
Net liability, after reinsurance $ 2,834   $ 2,834   $ 2,520
Weighted-average crediting rate 7.81%   7.81%   6.13%
Net amount at risk $ 29,759   $ 29,759   $ 29,581
Cash surrender value 2,762   2,762   2,533
FABN          
Policyholder Account Balance          
Balance, beginning of year     3,324 2,463 2,463
Issuances     750   1,148
Premiums received     0   0
Policy charges     0   0
Surrenders and withdrawals     0   0
Benefit payments     (813)   (395)
Interest credited     78   107
Other     0   1
Balance, end of period 3,339   3,339   3,324
Issuances     750   1,148
Premiums received     0   0
Policy charges     0   0
Surrenders and withdrawals     0   0
Benefit payments     (813)   (395)
Interest credited     78   107
Other     0   1
Reconciling items     (15)   11
Gross liability, end of period 3,324   3,324   3,335
Less: Reinsurance recoverable 0   0   0
Net liability, after reinsurance 3,324   3,324   3,335
FHLB          
Policyholder Account Balance          
Balance, beginning of year     2,898 $ 2,852 2,852
Issuances     1,805   2,241
Premiums received     0   0
Policy charges     0   0
Surrenders and withdrawals     0   0
Benefit payments     (1,450)   (2,298)
Interest credited     42   103
Other     8   0
Balance, end of period 3,303   3,303   2,898
Issuances     1,805   2,241
Premiums received     0   0
Policy charges     0   0
Surrenders and withdrawals     0   0
Benefit payments     (1,450)   (2,298)
Interest credited     42   103
Other     8   0
Reconciling items     0   0
Gross liability, end of period 3,303   3,303   2,898
Less: Reinsurance recoverable 0   0   0
Net liability, after reinsurance $ 3,303   $ 3,303   $ 2,898