The components of definite-lived and indefinite-lived intangible assets are as follows. Refer to Note 14 - Deferred Policy Acquisition Costs, Deferred Sales Inducements and Value of Business Acquired for VOBA asset, which is an actuarial intangible asset arising from a business combination.


	June 30, 2026						December 31, 2025
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
	(Dollars in millions)
Definite-lived intangible assets:
Distributor relationships	$	1,440	$	(128)	$	1,312	$	1,445	$	(103)	$	1,342
Trade name	58		(14)		44		58		(11)		47

Software and other	279		(182)		97		125		(40)		85

Total definite-lived intangible assets	1,777		(324)		1,453		1,628		(154)		1,474

Indefinite-lived intangible assets:
Insurance licenses	27		—		27		27		—		27
Total indefinite-lived intangible assets	27		—		27		27		—		27
Total intangible assets	$	1,804	$	(324)	$	1,480	$	1,655	$	(154)	$	1,501

No impairment expenses of intangible assets were recognized for the three and six months ended June 30, 2026 and 2025. The Company estimates that its intangible assets do not have any significant residual value in determining their amortization. Amortization expenses for definite-lived intangible assets were $151 million and $170 million for the three and six months ended June 30, 2026, and $21 million and $50 million for the three and six months ended June 30, 2025, respectively.

The following table outlines the estimated future amortization expense related to definite-lived intangible assets held as of June 30, 2026.