v3.26.1
Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Premiums $ 170 $ 107 $ 387 $ 234
Product charges 299 274 580 539
Other revenues 4 6 8 10
Total revenues 9,152 5,359 12,820 9,545
Benefits and expenses        
Interest sensitive contract benefits expense 5,714 3,428 7,305 4,922
Future policy and other policy benefits 594 527 1,233 1,068
Market risk benefits remeasurement (gains) losses (24) (111) 235 274
Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Amortization 350 292 687 559
Policy and other operating expenses 614 571 1,265 1,136
Total benefits and expenses 7,248 4,707 10,725 7,959
Income before income taxes 1,904 652 2,095 1,586
Income tax expense (benefit) 217 (34) 1,890 141
Net income 1,687 686 205 1,445
Less: Net income attributable to noncontrolling interests 698 222 1,154 516
Net income (loss) attributable to Athene Holding Ltd. stockholders 989 464 (949) 929
Less: Preferred stock dividends 36 45 71 90
Net income (loss) available to Athene Holding Ltd. common stockholder 953 503 (1,020) 923
Consolidated Entity Excluding Variable Interest Entities (VIE)        
Revenues        
Net investment income 4,988 4,429 9,757 8,420
Investment related gains (losses) 2,989 (5) 911 (833)
Variable Interest Entities        
Revenues        
Net investment income 43 80 111 157
Investment related gains (losses) $ 659 $ 468 $ 1,066 $ 1,018