Deferred Policy Acquisition Costs, Deferred Sales Inducements and Value of Business Acquired - Schedule of Rollforward of Deferred Acquisition Costs and Value of Business Acquired (Details) - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | |||
|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
Dec. 31, 2025 |
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| DAC | |||||
| Balance, beginning of period | $ 2,455 | $ 1,417 | $ 2,270 | $ 1,198 | |
| Additions | 197 | 316 | 437 | 570 | |
| Amortization | (56) | (44) | (111) | (79) | |
| Net change | 141 | 272 | 326 | 491 | |
| Balance, end of period | 2,596 | 1,689 | 2,596 | 1,689 | |
| DSI | |||||
| Balance, beginning of period | 1,224 | 528 | 1,114 | 393 | |
| Additions | 124 | 206 | 258 | 349 | |
| Amortization | (26) | (11) | (50) | (19) | |
| Net change | 98 | 195 | 208 | 330 | |
| Balance, end of period | 1,322 | 723 | 1,322 | 723 | |
| VOBA | |||||
| Balance, beginning of period | 7,936 | 8,718 | 8,129 | 8,913 | |
| Amortization | (189) | (191) | (382) | (386) | |
| Balance, end of period | 7,747 | 8,527 | 7,747 | 8,527 | |
| Total DAC, DSI, and VOBA Asset | 11,665 | 10,939 | 11,665 | 10,939 | $ 11,513 |
| Annuities | |||||
| DAC | |||||
| Balance, beginning of period | 2,068 | 1,100 | 1,893 | 892 | |
| Additions | 187 | 289 | 412 | 525 | |
| Amortization | (50) | (35) | (100) | (63) | |
| Net change | 137 | 254 | 312 | 462 | |
| Balance, end of period | 2,205 | 1,354 | 2,205 | 1,354 | |
| DSI | |||||
| Balance, beginning of period | 1,224 | 528 | 1,114 | 393 | |
| Additions | 124 | 206 | 258 | 349 | |
| Amortization | (26) | (11) | (50) | (19) | |
| Net change | 98 | 195 | 208 | 330 | |
| Balance, end of period | 1,322 | 723 | 1,322 | 723 | |
| VOBA | |||||
| Balance, beginning of period | 7,876 | 8,654 | 8,068 | 8,848 | |
| Amortization | (188) | (190) | (380) | (384) | |
| Balance, end of period | 7,688 | 8,464 | 7,688 | 8,464 | |
| Total DAC, DSI, and VOBA Asset | 11,215 | 10,541 | 11,215 | 10,541 | |
| Life Insurance | |||||
| DAC | |||||
| Balance, beginning of period | 387 | 317 | 377 | 306 | |
| Additions | 10 | 27 | 25 | 45 | |
| Amortization | (6) | (9) | (11) | (16) | |
| Net change | 4 | 18 | 14 | 29 | |
| Balance, end of period | 391 | 335 | 391 | 335 | |
| DSI | |||||
| Balance, beginning of period | 0 | 0 | 0 | 0 | |
| Additions | 0 | 0 | 0 | 0 | |
| Amortization | 0 | 0 | 0 | 0 | |
| Net change | 0 | 0 | 0 | 0 | |
| Balance, end of period | 0 | 0 | 0 | 0 | |
| VOBA | |||||
| Balance, beginning of period | 60 | 64 | 61 | 65 | |
| Amortization | (1) | (1) | (2) | (2) | |
| Balance, end of period | 59 | 63 | 59 | 63 | |
| Total DAC, DSI, and VOBA Asset | $ 450 | $ 398 | $ 450 | $ 398 | |
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- Definition Amount of amortization expense (reversal of expense) for deferred policy acquisition costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of deferred policy acquisition cost capitalized on contract remaining in force. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of deferred policy acquisition cost capitalized. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after accumulated amortization, of deferred policy acquisition costs and present value of future profits from insurance contract acquired in business combination. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of increase (decrease) in deferred policy acquisition cost. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of deferred sale inducement cost capitalized. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of increase (decrease) in deferred sales inducement cost, classified as other. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of amortization expense (reversal of expense) for deferred sales inducement cost. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of deferred sale inducement cost capitalized on contract remaining in force. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition Amount of amortization expense (reversal of expense) for present value of future profits of insurance contract acquired in business combination. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after accumulated amortization, of present value of future profits of insurance contract acquired in business combination. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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