v3.26.1
Investments - Schedule of Recognized Gains (Losses), net (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Schedule of Investments [Line Items]        
Net realized losses on fixed maturity securities $ (132) $ 0 $ (164) $ (1)
Net realized/unrealized gains on other invested assets 6 73 1 73
Change in allowance for expected credit losses 10 (21) 10 (44)
Realized gains and losses on certain derivative instruments 139 (52) 164 (77)
Unrealized gains on certain derivative instruments 352 192 67 34
Change in fair value of reinsurance related embedded derivatives (83) (61) 178 (102)
Change in fair value of other derivatives and embedded derivatives 4 4 3 4
Net realized/unrealized gains (losses) on derivatives and embedded derivatives 412 83 412 (141)
Recognized gains and losses, net 333 98 255 (189)
F&G Life Re        
Schedule of Investments [Line Items]        
Net realized gain on sale of F&G Life Re 0 0 14 0
Equity securities        
Schedule of Investments [Line Items]        
Net realized/unrealized gains (losses) on equity securities 37 (36) (13) (73)
Net valuation gains (losses) 47 (35) (9) (78)
Preferred equity securities        
Schedule of Investments [Line Items]        
Net realized/unrealized gains (losses) on equity securities 0 (1) (5) (3)
Net valuation gains (losses) $ 4 $ (1) $ 0 $ (2)