v3.26.1
NET INVESTMENT INCOME AND INVESTMENT RELATED GAINS (LOSSES) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Net Investment Income [Line Items]        
Total net investment income $ 2,141 $ 1,470 $ 3,597 $ 2,883
Total investment related gains (losses) 59 328 (637) 225
Available-for-sale fixed maturity securities        
Net Investment Income [Line Items]        
Total net investment income 1,271 695 2,137 1,443
Total investment related gains (losses) 55 72 78 93
Equity securities        
Net Investment Income [Line Items]        
Total net investment income 51 18 103 36
Total investment related gains (losses) 121 470 (634) 288
Mortgage loans        
Net Investment Income [Line Items]        
Total net investment income 208 204 391 422
Total investment related gains (losses) (39) (13) (30) (5)
Private loans        
Net Investment Income [Line Items]        
Total net investment income 180 124 345 240
Total investment related gains (losses) (12) 21 (20) 32
Investment real estate        
Net Investment Income [Line Items]        
Total net investment income 26 23 38 24
Total investment related gains (losses) (3) 7 39 (1)
Real estate partnerships        
Net Investment Income [Line Items]        
Total net investment income 100 3 111 42
Total investment related gains (losses) (1) 0 (1) 5
Investment funds        
Net Investment Income [Line Items]        
Total net investment income 179 214 300 343
Total investment related gains (losses) (3) (6) (3) (6)
Policy loans        
Net Investment Income [Line Items]        
Total net investment income 5 6 11 12
Short-term investments, cash and cash equivalents        
Net Investment Income [Line Items]        
Total net investment income 90 91 189 187
Other invested assets        
Net Investment Income [Line Items]        
Total net investment income 237 192 294 320
Investment expenses        
Net Investment Income [Line Items]        
Total net investment income (206) (100) (322) (186)
Short-term and other investments        
Net Investment Income [Line Items]        
Total investment related gains (losses) $ (59) $ (223) $ (66) $ (181)