v3.26.3
CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
FROM OPERATIONS        
Investment income, net $ 164.8 $ 167.5 $ 511.2 $ 579.6
Net realized gain (loss) on investments and debt (153.9) (149.3) (262.3) (853.9)
Net change in unrealized gain (loss) on investments and debt 895.0 232.1 1,131.0 928.5
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS 905.9 250.3 1,379.9 654.2
FROM TRANSACTIONS BY CONTRACT OWNERS AND TIAA        
Premiums 639.9 665.5 1,924.4 2,128.3
Annuity payments (10.9) (10.7) (32.1) (32.5)
Death benefits (40.8) (34.6) (116.3) (102.7)
Withdrawals (687.6) (819.7) (2,164.9) (2,407.9)
NET (DECREASE) INCREASE IN NET ASSETS RESULTING FROM TRANSACTIONS BY CONTRACT OWNERS AND TIAA (99.4) (199.5) (388.9) (414.8)
NET INCREASE (DECREASE) IN NET ASSETS 806.5 50.8 991.0 239.4
NET ASSETS        
Beginning of period 22,951.1 22,675.5 22,766.6 22,486.9
End of period $ 23,757.6 $ 22,726.3 $ 23,757.6 $ 22,726.3