v3.25.3
Equity - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]        
Beginning balance $ 33,861 $ 28,400 $ 30,964 $ 25,233
Less: Income tax expense (benefit) (356) (682) (895) (634)
Ending balance 39,797 31,526 39,797 31,526
Accumulated other comprehensive income (loss)        
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]        
Beginning balance (3,693) (5,820) (5,494) (5,575)
Other comprehensive income (loss) before reclassifications 1,646 3,051 4,145 2,876
Less: Reclassification adjustments for gains (losses) realized (83) (352) (335) (216)
Less: Income tax expense (benefit) 356 682 895 634
Less: Other comprehensive income (loss) attributable to non-controlling interests, net of tax 172 374 583 356
Ending balance (2,492) (3,473) (2,492) (3,473)
Unrealized investment gains (losses) on AFS securities without a credit allowance        
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]        
Beginning balance (7,384) (9,674) (9,174) (8,675)
Other comprehensive income (loss) before reclassifications 1,964 5,143 4,560 3,528
Less: Reclassification adjustments for gains (losses) realized (90) (348) (358) (237)
Less: Income tax expense (benefit) 424 1,122 1,004 776
Less: Other comprehensive income (loss) attributable to non-controlling interests, net of tax 329 886 823 505
Ending balance (6,083) (6,191) (6,083) (6,191)
Unrealized investment gains (losses) on AFS securities with a credit allowance        
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]        
Beginning balance (270) (277) (284) (289)
Other comprehensive income (loss) before reclassifications (5) (22) 26 (19)
Less: Reclassification adjustments for gains (losses) realized (1) (8) (4) (14)
Less: Income tax expense (benefit) 1 (3) 6 (1)
Less: Other comprehensive income (loss) attributable to non-controlling interests, net of tax (8) 7 7 2
Ending balance (267) (295) (267) (295)
Unrealized gains (losses) on hedging instruments        
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]        
Beginning balance (26) (82) (119) (81)
Other comprehensive income (loss) before reclassifications 75 225 315 264
Less: Reclassification adjustments for gains (losses) realized 8 4 27 35
Less: Income tax expense (benefit) 14 47 60 49
Less: Other comprehensive income (loss) attributable to non-controlling interests, net of tax 16 60 98 67
Ending balance 11 32 11 32
Remeasurement gains (losses) on future policy benefits related to discount rate        
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]        
Beginning balance 4,043 4,218 4,235 3,458
Other comprehensive income (loss) before reclassifications (235) (2,263) (808) (832)
Less: Reclassification adjustments for gains (losses) realized 0 0 0 0
Less: Income tax expense (benefit) (52) (472) (168) (176)
Less: Other comprehensive income (loss) attributable to non-controlling interests, net of tax (144) (596) (409) (221)
Ending balance 4,004 3,023 4,004 3,023
Remeasurement gains (losses) on market risk benefits related to credit risk        
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]        
Beginning balance (115) 5 (103) 3
Other comprehensive income (loss) before reclassifications (113) (93) (132) (87)
Less: Reclassification adjustments for gains (losses) realized 0 0 0 0
Less: Income tax expense (benefit) (24) (20) (28) (18)
Less: Other comprehensive income (loss) attributable to non-controlling interests, net of tax (17) (9) (20) (7)
Ending balance (187) (59) (187) (59)
Foreign currency translation and other adjustments        
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]        
Beginning balance 59 (10) (49) 9
Other comprehensive income (loss) before reclassifications (40) 61 184 22
Less: Reclassification adjustments for gains (losses) realized 0 0 0 0
Less: Income tax expense (benefit) (7) 8 21 4
Less: Other comprehensive income (loss) attributable to non-controlling interests, net of tax (4) 26 84 10
Ending balance $ 30 $ 17 $ 30 $ 17