v3.25.4
Deferred Acquisition Costs, Deferred Sales Inducements and Value of Business Acquired - Schedule of Rollforward of DAC, DSI and VOBA (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
VOBA      
VOBA, beginning balance $ 2,210 $ 2,581 $ 2,988
Additions 0 0 0
Amortization (384) (371) (404)
Other   0 (3)
VOBA, ending balance 1,826 2,210 2,581
Total DAC, DSI and VOBA      
DAC, DSI and VOBA, beginning balance 7,173 5,979 4,466
Additions 2,703 2,137 2,204
Amortization (1,242) (941) (688)
Other   (2) (3)
DAC, DSI and VOBA, ending balance 8,634 7,173 5,979
Traditional Deferred Annuities      
DAC      
DAC, beginning balance 1,158 890 304
Additions 678 519 701
Amortization (365) (249) (115)
Other   (2) 0
DAC, ending balance 1,471 1,158 890
Indexed Annuities      
DAC      
DAC, beginning balance 2,278 1,517 755
Additions 1,132 945 863
Amortization (275) (184) (101)
Other   0 0
DAC, ending balance 3,135 2,278 1,517
DSI      
DSI, beginning balance 1,476 970 399
Additions 827 630 634
Amortization (192) (124) (63)
Other   0 0
DSI, ending balance 2,111 1,476 970
Funding Agreements      
DAC      
DAC, beginning balance 40 10 11
Additions 51 42 3
Amortization (25) (12) (4)
Other   0 0
DAC, ending balance 66 40 10
Other Investment-type      
DAC      
DAC, beginning balance 11 11 9
Additions 15 1 3
Amortization (1) (1) (1)
Other   0 0
DAC, ending balance $ 25 $ 11 $ 11