v3.26.1
Deferred Policy Acquisition Costs (Tables)
6 Months Ended
Jun. 30, 2026
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Rollforward of Deferred Policy Acquisition Costs
The following table presents a rollforward of DAC:
Six Months Ended June 30,
(in millions)20262025
Balance, beginning of year$2,106 $2,065 
Capitalization1,885 1,667 
Amortization expense(1,724)(1,672)
Other, including foreign exchange(50)91 
Balance, end of period$2,217 $2,151