v3.26.1
DERIVATIVE INSTRUMENTS - Derivatives and Hedging Instruments Gain (Loss) Summary (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Derivative Instruments, Gain (Loss) [Line Items]        
Gains (losses) recognized in other comprehensive income on derivative $ 0 $ 1 $ (4) $ 3
Unrealized foreign currency translation gains (losses) during period (64) 179 (167) 531
Derivative and non-derivative hedging instruments, gain (loss) recognized in other comprehensive income, before tax 124 (219) 272 (601)
Income Statement Location [Axis]: us-gaap:GainLossOnInvestments        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains (losses) recognized in income on derivative $ (134) $ 23 $ (229) $ (22)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Net investment gains (losses) Net investment gains (losses) Net investment gains (losses) Net investment gains (losses)
Income Statement Location [Axis]: us-gaap:NetInvestmentIncome        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains (losses) recognized in income on derivative $ 0 $ 0 $ 0 $ 0
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Net investment income Net investment income Net investment income Net investment income
Reclassification Out Of Accumulated Other Comprehensive Income        
Derivative Instruments, Gain (Loss) [Line Items]        
Derivative instruments, cash flow hedges, gains (losses) reclassified from accumulated other comprehensive income into earnings   $ (1) $ 4 $ (2)
Cash flow hedges        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains (losses) recognized in other comprehensive income on derivative $ 0 1 (4) 3
Cash flow hedges | Income Statement Location [Axis]: us-gaap:GainLossOnInvestments        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains (losses) recognized in income on derivative 0 [1] (1) [1] 4 [2] (2) [2]
Cash flow hedges | Income Statement Location [Axis]: us-gaap:NetInvestmentIncome        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains (losses) recognized in income on derivative 0 0 0 0
Cash flow hedges | Foreign currency swaps | Variable Interest Entity        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains (losses) recognized in other comprehensive income on derivative 0 1 (4) 3
Cash flow hedges | Foreign currency swaps | Variable Interest Entity | Income Statement Location [Axis]: us-gaap:GainLossOnInvestments        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains (losses) recognized in income on derivative 0 (1) 4 (2)
Cash flow hedges | Foreign currency swaps | Variable Interest Entity | Income Statement Location [Axis]: us-gaap:NetInvestmentIncome        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains (losses) recognized in income on derivative 0 0 0 0
Net investment hedge        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains (losses) recognized in income on derivative 13 26 24 62
Unrealized foreign currency translation gains (losses) during period 124 (220) 276 (604)
Net investment hedge | Non-derivative hedging instruments        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains (losses) recognized in income on derivative 0 0 0 0
Unrealized foreign currency translation gains (losses) during period 84 (139) 189 (379)
Net investment hedge | Foreign currency forwards        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains (losses) recognized in income on derivative 13 26 24 62
Unrealized foreign currency translation gains (losses) during period 40 (81) 87 (225)
Non-qualifying strategies        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains (losses) recognized in income on derivative (147) (2) (257) (82)
Non-qualifying strategies | Foreign currency swaps | Variable Interest Entity        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains (losses) recognized in income on derivative (98) 30 (153) (27)
Non-qualifying strategies | Foreign currency swaps | Consolidated Entity Excluding Variable Interest Entities (VIE)        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains (losses) recognized in income on derivative 1 0 2 0
Non-qualifying strategies | Foreign currency forwards        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains (losses) recognized in income on derivative (27) (7) (49) (7)
Non-qualifying strategies | Foreign currency options        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains (losses) recognized in income on derivative (25) (14) (43) (19)
Non-qualifying strategies | Interest rate swaps        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains (losses) recognized in income on derivative (4) (11) (15) (29)
Non-qualifying strategies | Forward bond purchase commitment        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains (losses) recognized in income on derivative $ 6 $ 0 $ 1 $ 0
[1] Impact of cash flow hedges reported as net investment gains (losses) includes an immaterial amount of losses reclassified from accumulated other comprehensive income (loss) into earnings during the three-month period ended June 30, 2026, and $1 of losses during the three-month period ended June 30, 2025.
[2] Impact of cash flow hedges reported as net investment gains (losses) includes $4 of gains reclassified from accumulated other comprehensive income (loss) into earnings during the six-month period ended June 30, 2026, and $2 of losses during the six-month period ended June 30, 2025.