v3.26.1
Deferred Policy Acquisition Costs and Value of Business Acquired (Tables)
 6 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Deferred Policy Acquisition Costs and Value of Business Acquired
The following table presents a rollforward of DAC and VOBA for the periods indicated:
DACVOBA
Deferred and Individual Annuities
Balance as of January 1, 2025$600 $298 
Additions related to business acquisitions— 390 
Deferrals of commissions and expenses56 4 
Amortization expense(46)(55)
Balance as of December 31, 2025$610 $637 
Deferrals of commissions and expenses28 2 
Amortization expense(23)(27)
Balance as of June 30, 2026$615 $612 

The following table shows a reconciliation of DAC and VOBA balances to the Condensed Consolidated Balance Sheets for the periods indicated:
June 30, 2026December 31, 2025
DAC:
Deferred and Individual Annuities$615 $610 
Other10 10 
VOBA612 637 
Total$1,237 $1,257