v3.25.4
SEGMENT REPORTING - Expenses (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting [Abstract]      
Total expenses $ 2,044 $ 1,680 $ 1,546
Equity Method Investments, Expenses 906 880 815
Costs Recovered From Affiliates (298) (218) (156)
Carried Interest Allocation Compensation (146) (93) (86)
Interest expense (87) (22) (14)
Other Nonrecurring Expense (72) (103) (105)
Interest expense of consolidated funds (28) 0 0
Segment Expense 2,319 2,124 2,000
Total segment compensation and benefits 1,674 1,570 1,491
Total segment facilities, technology and professional fees 335 370 357
Total segment travel and other operating expenses $ 310 $ 184 $ 152