v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Fixed maturity securities, available-for-sale securities, allowance for credit losses $ 71 $ 104
Fixed maturity securities, available-for-sale securities, amortized cost 55,495 55,292
Mortgage loans allowance for credit losses 120 86
Investments in unconsolidated affiliates 5,150 4,878
Investments in unconsolidated affiliates 256 270
Other long-term investments 1,366 1,294
Cash and cash equivalents 1,560 1,486
Allowance for credit losses, reinsurance recoverable 20 18
Prepaid expenses assets held at fair value $ 0 $ 24
Preferred stock, par value (in usd per share) $ 0.001 $ 0.001
Preferred stock, shares authorized (in shares) 25,000,000 25,000,000
Preferred stock, shares issued (in shares) 5,000,000 5,000,000
Preferred stock, shares outstanding (in shares) 5,000,000 5,000,000
Common stock, par or stated value per share (in usd per share) $ 0.001 $ 0.001
Common stock, shares authorized (in shares) 500,000,000 500,000,000
Common stock, outstanding (in shares) 130,950,360 135,610,292
Common stock, issued (in shares) 137,014,559 137,056,106
Treasury stock (in shares) 6,064,199 1,445,814
Variable Interest Entity, Primary Beneficiary    
Investments in unconsolidated affiliates $ 284 $ 262
Other long-term investments 296 248
Short-term investments 43 116
Cash and cash equivalents $ 1 $ 2