v3.26.1
Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Results
The tables below provide consolidated results in the format that the CODM uses to make decisions and assess performance.
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
(Dollars in millions)
Net premiums and other policy related revenues (revenue from external customers) $332 $526 $639 $1,133 
Net investment income 1,289 1,139 2,578 2,390 
Investment related gains (losses) 59 (11)29 (8)
Other income26 27 60 55 
Total revenue 1,706 1,681 3,306 3,570 
Policyholder benefits and claims incurred244 510 475 1,112 
Interest sensitive contract benefits 762 485 1,307 997 
Amortization of deferred policy acquisition costs, deferred sales inducements and value of business acquired 271 246 543 484 
Change in fair value of market risk benefits109 (47)248 314 
Interest expense 42 49 91 93 
Other segment items (1)(2)299 342 722 
Income tax expense (benefit) 72 27 89 (35)
Income (loss) from continuing operations$208 $112 $211 $(117)
(1)Other segment items reflects the difference between segment revenues and significant segment expenses and includes the change in fair value of insurance-related derivatives and embedded derivatives as well as operating expenses which are presented on the Condensed Consolidated Statements of Operations.