v3.26.3
BUSINESS SEGMENT INFORMATION - Operating Earning (Loss) By Segment (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Segment Reporting [Line Items]        
Segment revenues $ 3,787 $ 3,737 $ 11,127 $ 11,322
Benefits and other deductions        
Policyholders’ benefits 280 511 1,100 2,057
Interest credited to policyholders’ account balances 884 781 2,500 2,249
Commissions and distribution related payments 557 537 1,675 1,526
Amortization of deferred policy acquisition costs 230 203 653 584
Compensation and benefits 613 577 1,796 1,738
Interest expense and financing fees 61 65 190 195
Total benefits and other deductions 2,625 2,674 7,914 8,349
Other segment items 317 416 1,037 1,165
Income taxes (151) (95) (340) (289)
Less: Operating (earnings) loss attributable to the noncontrolling interest 99 97 281 291
Operating earnings (loss) 595 455 1,555 1,228
Operating Segments | Retirement        
Segment Reporting [Line Items]        
Segment revenues 1,884 1,592 5,311 4,538
Benefits and other deductions        
Policyholders’ benefits 71 73 220 241
Interest credited to policyholders’ account balances 830 685 2,341 1,847
Commissions and distribution related payments 188 153 535 440
Amortization of deferred policy acquisition costs 182 153 506 435
Compensation and benefits 18 15 56 61
Interest expense and financing fees 0 0 0 0
Total benefits and other deductions 1,289 1,079 3,658 3,024
Other segment items 77 70 233 198
Income taxes (86) (38) (190) (177)
Less: Operating (earnings) loss attributable to the noncontrolling interest 0 0 0 0
Operating earnings (loss) 432 405 1,230 1,139
Operating Segments | Asset Management        
Segment Reporting [Line Items]        
Segment revenues 1,141 1,144 3,389 3,326
Benefits and other deductions        
Policyholders’ benefits 0 0 0 0
Interest credited to policyholders’ account balances 0 0 0 0
Commissions and distribution related payments 189 209 580 607
Amortization of deferred policy acquisition costs 0 0 0 0
Compensation and benefits 470 447 1,358 1,298
Interest expense and financing fees 5 7 19 23
Total benefits and other deductions 664 663 1,957 1,928
Other segment items 177 188 570 569
Income taxes (52) (46) (137) (135)
Less: Operating (earnings) loss attributable to the noncontrolling interest 96 93 275 283
Operating earnings (loss) 152 154 450 411
Operating Segments | Wealth Management        
Segment Reporting [Line Items]        
Segment revenues 582 499 1,667 1,430
Benefits and other deductions        
Policyholders’ benefits 0 0 0 0
Interest credited to policyholders’ account balances 0 0 0 0
Commissions and distribution related payments 369 320 1,070 909
Amortization of deferred policy acquisition costs 0 0 0 0
Compensation and benefits 90 82 268 246
Interest expense and financing fees 0 0 0 0
Total benefits and other deductions 459 402 1,338 1,155
Other segment items 24 19 79 69
Income taxes (24) (19) (57) (52)
Less: Operating (earnings) loss attributable to the noncontrolling interest 0 0 0 0
Operating earnings (loss) 75 59 193 154
Corporate and Other        
Segment Reporting [Line Items]        
Segment revenues 433 737 1,506 2,723
Benefits and other deductions        
Policyholders’ benefits 209 438 880 1,816
Interest credited to policyholders’ account balances 54 96 159 402
Commissions and distribution related payments 58 82 210 237
Amortization of deferred policy acquisition costs 48 50 147 149
Compensation and benefits 35 33 114 133
Interest expense and financing fees 59 61 183 185
Total benefits and other deductions 463 760 1,693 2,922
Other segment items 42 144 169 344
Income taxes 11 8 44 75
Less: Operating (earnings) loss attributable to the noncontrolling interest 3 4 6 8
Operating earnings (loss) (64) (163) (318) (476)
Eliminations        
Segment Reporting [Line Items]        
Segment revenues (253) (235) (746) (695)
Benefits and other deductions        
Policyholders’ benefits 0 0 0 0
Interest credited to policyholders’ account balances 0 0 0 0
Commissions and distribution related payments (247) (227) (720) (667)
Amortization of deferred policy acquisition costs 0 0 0 0
Compensation and benefits 0 0 0 0
Interest expense and financing fees (3) (3) (12) (13)
Total benefits and other deductions (250) (230) (732) (680)
Other segment items (3) (5) (14) (15)
Income taxes 0 0 0 0
Less: Operating (earnings) loss attributable to the noncontrolling interest 0 0 0 0
Operating earnings (loss) $ 0 $ 0 $ 0 $ 0