v3.25.3
Segments - Schedule of Reconciliation of Segment Revenue to Total Revenues (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Segment Reporting Information [Line Items]        
Segment Revenues $ 9,823 $ 7,773 $ 22,185 $ 20,831
Total Revenues 9,823 7,773 22,185 20,831
Asset Management and Retirement Segments        
Segment Reporting Information [Line Items]        
Segment Revenues 5,146 4,343 14,457 11,978
Total Revenues 5,146 4,343 14,457 11,978
Asset Management        
Segment Reporting Information [Line Items]        
Segment Revenues 1,487 922 3,640 3,011
Adjustments related to consolidated funds and VIEs 249 190 501 414
Performance fees 206 (139) 302 219
Principal investment income (loss) 2 14 4 28
Equity awards granted by unconsolidated related parties, reimbursable expenses and other 248 98 554 317
Total Revenues 1,487 922 3,640 3,011
Retirement Services        
Segment Reporting Information [Line Items]        
Segment Revenues 8,336 6,851 18,545 17,820
Premiums, product charges, investment related gains (losses) and other retirement services revenue 2,669 2,198 2,619 5,010
Change in fair value of reinsurance assets 75 11 203 58
Forward points adjustment on FX derivative hedges (33) (30) (83) (113)
Held-for-trading amortization 66 30 135 73
Reinsurance impacts 44 54 123 173
ACRA non-controlling interests on net investment earnings 1,250 1,011 3,483 2,800
Other retirement services adjustments (99) (7) (113) (126)
Total Revenues $ 8,336 $ 6,851 $ 18,545 $ 17,820