v3.26.1
Segments - Schedule of Reconciliation of Segment Revenue to Total Revenues (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Segment Revenues $ 11,153 $ 6,814 $ 16,212 $ 12,362
Total Revenues 11,153 6,814 16,212 12,362
Asset Management        
Segment Reporting [Line Items]        
Segment Revenues 1,627 1,107 2,638 2,153
Total Revenues 1,627 1,107 2,638 2,153
Retirement Services        
Segment Reporting [Line Items]        
Segment Revenues 9,526 5,707 13,574 10,209
Total Revenues 9,526 5,707 13,574 10,209
Operating Segments        
Segment Reporting [Line Items]        
Segment Revenues 5,571 4,857 11,033 9,311
Total Revenues 5,571 4,857 11,033 9,311
Operating Segments | Asset Management and Retirement Segments        
Segment Reporting [Line Items]        
Segment Revenues 5,571 4,857 11,033 9,311
Total Revenues 5,571 4,857 11,033 9,311
Operating Segments | Asset Management        
Segment Reporting [Line Items]        
Segment Revenues 1,343 1,095 2,605 2,073
Adjustments related to consolidated funds and VIEs 279 157 484 252
Performance fees 323 (26) (96) 96
Principal investment income (loss) (73) 3 (215) 2
Equity awards granted by unconsolidated related parties, reimbursable expenses and other 238 162 510 306
Total Revenues 1,343 1,095 2,605 2,073
Operating Segments | Retirement Services        
Segment Reporting [Line Items]        
Segment Revenues 4,071 3,530 7,868 6,788
Premiums, product charges, investment related gains (losses) and other retirement services revenue 3,462 381 1,886 (50)
Change in fair value of reinsurance assets 106 65 200 128
Forward points adjustment on foreign exchange derivative hedges (19) (26) (47) (50)
Held-for-trading amortization 46 40 103 69
Reinsurance impacts 30 39 57 79
ACRA non-controlling interests on net investment earnings 1,311 1,159 2,560 2,233
Other retirement services adjustments (121) 3 (263) (14)
Total Revenues $ 4,071 $ 3,530 $ 7,868 $ 6,788