v3.26.1
Discontinued Operations (Tables)
6 Months Ended
Jun. 30, 2026
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations
The following table summarizes the major components of net income from discontinued operations, net of tax related to the distribution, for the three and six months ended June 30, 2025.
Three Months Ended
June 30, 2025
Six Months Ended
June 30, 2025
(Dollars in millions)
Net premiums$398 $829 
Net investment income21 45 
Investment related gains84 77 
Other income
Total revenues505 955 
Policyholder benefits and claims incurred318 604 
Amortization of deferred policy acquisition costs, deferred sales inducements and value of business acquired86 166 
Operating expenses48 99 
Total benefits and expenses452 869 
Net income before income taxes from discontinued operations53 86 
Income tax expense11 18 
Net income from discontinued operations$42 $68