v3.26.1
CORPORATE AND NON-RECOURSE BORROWINGS - Schedule of Corporate and Non-Recourse Borrowings (Details) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Non-recourse borrowings    
Line of Credit Facility [Line Items]    
Principal Balance $ 7,099 $ 4,927
Carrying Amount 6,978 4,857
Total corporate borrowings | Credit facilities    
Line of Credit Facility [Line Items]    
Principal Balance 2,652 628
Carrying Amount 2,652 628
Term loan Due April 2031 | Credit facilities    
Line of Credit Facility [Line Items]    
Principal Balance 1,989 0
Carrying Amount $ 1,989 0
364-day revolving credit facility due October 2026 | Credit facilities    
Line of Credit Facility [Line Items]    
Debt term 364 days  
Collateral pledged $ 588 761
364-day revolving credit facility due October 2026 | Credit facilities | Investment funds    
Line of Credit Facility [Line Items]    
Collateral pledged 235 260
364-day revolving credit facility due October 2026 | Credit facilities | Cash and cash equivalents    
Line of Credit Facility [Line Items]    
Collateral pledged 4 9
364-day revolving credit facility due October 2026 | Credit facilities | Real estate partnerships    
Line of Credit Facility [Line Items]    
Collateral pledged 349 492
364-day revolving credit facility due October 2026 | Credit facilities | Non-recourse borrowings    
Line of Credit Facility [Line Items]    
Carrying Amount 1,000 1,000
Margin loan Due April 2027 | Credit facilities    
Line of Credit Facility [Line Items]    
Principal Balance 1,000 0
Carrying Amount 1,000 0
Collateral pledged 2,900  
Term Loan Maturing In May 2027 | Credit facilities | Non-recourse borrowings    
Line of Credit Facility [Line Items]    
Principal Balance 100 100
Carrying Amount $ 99 98
5.00% senior notes due June 2027 | Senior unsecured notes | Non-recourse borrowings    
Line of Credit Facility [Line Items]    
Fixed interest rate 5.00%  
Principal Balance $ 500 500
Carrying Amount 494 490
Term loan due September 2028 | Credit facilities | Non-recourse borrowings    
Line of Credit Facility [Line Items]    
Principal Balance 750 750
Carrying Amount $ 749 749
5.75% senior notes due October 2029 | Senior unsecured notes | Non-recourse borrowings    
Line of Credit Facility [Line Items]    
Fixed interest rate 5.75%  
Principal Balance $ 600 600
Carrying Amount $ 597 596
6.14% senior notes due June 2032 | Senior unsecured notes | Non-recourse borrowings    
Line of Credit Facility [Line Items]    
Fixed interest rate 6.14%  
Principal Balance $ 500 500
Carrying Amount $ 497 497
6.00% senior notes due July 2035 | Senior unsecured notes | Non-recourse borrowings    
Line of Credit Facility [Line Items]    
Fixed interest rate 6.00%  
Principal Balance $ 700 700
Carrying Amount $ 692 692
5.00% subordinated notes due June 2047 | Subordinated notes | Non-recourse borrowings    
Line of Credit Facility [Line Items]    
Fixed interest rate 5.00%  
Principal Balance $ 100 100
Carrying Amount $ 84 84
7.00% junior subordinated notes due December 2055 | Junior subordinated notes | Non-recourse borrowings    
Line of Credit Facility [Line Items]    
Fixed interest rate 7.00%  
Principal Balance $ 500 500
Carrying Amount 494 494
Junior subordinated debentures | Junior subordinated notes | Non-recourse borrowings    
Line of Credit Facility [Line Items]    
Principal Balance 266 265
Carrying Amount $ 247 245
5.00% perpetual restricted notes | Subordinated notes | Non-recourse borrowings    
Line of Credit Facility [Line Items]    
Fixed interest rate 5.00%  
Principal Balance $ 431 0
Carrying Amount 375 0
Subordinated notes | Subordinated notes | Non-recourse borrowings    
Line of Credit Facility [Line Items]    
Principal Balance 1,035 0
Carrying Amount 1,033 $ 0
Subordinated notes | Subordinated notes | Non-recourse borrowings | Minimum    
Line of Credit Facility [Line Items]    
Fixed interest rate   6.50%
Subordinated notes | Subordinated notes | Non-recourse borrowings | Maximum    
Line of Credit Facility [Line Items]    
Fixed interest rate   9.00%
Revolving credit facilities | Bilateral Revolving Credit Facilities | Credit facilities    
Line of Credit Facility [Line Items]    
Principal Balance 663 $ 628
Carrying Amount 663 628
Carrying Amount $ 2,300 1,300
Revolving credit facilities | 364-day revolving credit facility due October 2026 | Credit facilities | Non-recourse borrowings    
Line of Credit Facility [Line Items]    
Debt term 364 days  
Principal Balance $ 617 912
Carrying Amount $ 617 $ 912