v3.26.1
POLICYHOLDERS' ACCOUNT BALANCES - Schedule of Policyholder Account Balance (Details) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Policyholder Account Balance [Roll Forward]      
Balance, beginning of period $ 90,513 $ 83,551  
Acquisition from business combination 65 0  
Issuances 6,236 7,088  
Premiums received 287 289  
Policy charges (494) (476)  
Surrenders and withdrawals (5,651) (5,133)  
Interest credited 1,818 1,519  
Benefit payments (669) (568)  
Other (5) 4  
Balance, end of period 92,100 86,274  
Funding agreements 3,509 930  
Embedded derivative and other 1,811 1,193  
Total policyholders’ account balances 97,420 88,397 $ 94,411
Net amount at risk 13,341 12,460  
Annuities      
Policyholder Account Balance [Roll Forward]      
Balance, beginning of period 88,320 81,444  
Acquisition from business combination 65 0  
Issuances 6,229 7,062  
Premiums received 71 71  
Policy charges (313) (287)  
Surrenders and withdrawals (5,587) (5,078)  
Interest credited 1,754 1,468  
Benefit payments (669) (568)  
Other (5) 4  
Balance, end of period 89,865 84,116  
Total policyholders’ account balances $ 89,865 $ 84,116  
Weighted average crediting rate 4.00% 3.00%  
Net amount at risk $ 13,803 $ 12,907  
Cash surrender value 82,860 77,655  
Life Insurance      
Policyholder Account Balance [Roll Forward]      
Balance, beginning of period 2,193 2,107  
Acquisition from business combination 0 0  
Issuances 7 26  
Premiums received 216 218  
Policy charges (181) (189)  
Surrenders and withdrawals (64) (55)  
Interest credited 64 51  
Benefit payments 0 0  
Other 0 0  
Balance, end of period 2,235 2,158  
Total policyholders’ account balances $ 2,235 $ 2,158  
Weighted average crediting rate 6.00% 5.00%  
Net amount at risk $ 38,083 $ 38,673  
Cash surrender value $ 2,024 $ 1,919