v3.26.3
LIABILITIES FOR FUTURE POLICYHOLDER BENEFITS - Balances of and Changes in Additional Liabilities Related to Insurance Guarantees (Details) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Dec. 31, 2025
Present Value of Expected Future Policy Benefits      
Net liability for additional liability $ 16,949   $ 17,660
Weighted Average Interest Rate 4.50%   4.50%
Assessments      
Present Value of Expected Future Policy Benefits      
Revenue and Interest Accretion $ 433 $ 227  
Interest Accretion      
Present Value of Expected Future Policy Benefits      
Revenue and Interest Accretion 46 44  
Corporate & Other | UL      
Present Value of Expected Future Policy Benefits      
Balance, beginning of period 1,328 1,246  
Beginning balance before AOCI adjustments 1,347 1,302  
Effect of changes in interest rate & cash flow assumptions and model changes 7 5  
Effect of actual variances from expected experience 17 62  
Adjusted beginning of period balance 1,371 1,369  
Interest accrual 46 44  
Net assessments collected 46 (9)  
Benefits payments (69) (78)  
Ending balance before shadow reserve adjustments 1,394 1,326  
Effect of reserve adjustment recorded in AOCI (25) (17)  
Balance, end of period 1,369 1,309  
Net liability for additional liability 1,369 1,309 $ 1,328
Less: Reinsurance recoverable (1,131) (1,089)  
Net liability for future policy benefits, after reinsurance recoverable $ 238 $ 220  
Weighted-average duration of additional liability - death benefit (years) 17 years 9 months 18 days 18 years 7 months 6 days  
Weighted Average Interest Rate 4.50%   4.50%
Corporate & Other | UL | Assessments      
Present Value of Expected Future Policy Benefits      
Revenue and Interest Accretion $ 433 $ 227  
Corporate & Other | UL | Interest Accretion      
Present Value of Expected Future Policy Benefits      
Revenue and Interest Accretion $ 46 $ 44