v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Net investment income $ 407 $ 434 $ 840 $ 847
Fee income 349 317 689 633
Premiums (5) (4) (3) (5)
Realized capital gains (losses) (56) (50) (107) (69)
Other revenue 26 19 46 39
Total revenues 721 716 1,465 1,445
Benefits and expenses:        
Interest credited and other benefits to contract owners/policyholders 212 209 437 416
Operating expenses 345 323 681 646
Net amortization of DAC and VOBA 25 26 50 51
Total benefits and expenses 583 558 1,169 1,114
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 138 158 296 331
Income tax expense (benefit) 15 20 34 43
Net Income (Loss) Attributable to Parent, Total $ 123 $ 138 $ 262 $ 288