XML 209 R162.htm IDEA: XBRL DOCUMENT v3.25.4
Income Taxes - Schedule of Reconciliation of the Statutory Federal Income Tax Rate to the Effective Income Tax Rate (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Effective Income Tax Rate Reconciliation, Amount [Abstract]      
Total income (loss) from operations before income taxes $ 13,156 $ 5,761 $ (348)
U.S. federal statutory tax rate 2,763 1,210 (73)
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount 134 54 (7)
Foreign tax effects 15    
Effect of cross-border tax laws 8    
Tax credits (55) (42) (47)
Change in valuation allowances 3 8 6
Nontaxable or nondeductible items 47    
Changes in unrecognized tax benefits (14) (8) 33
Other adjustments (11) 0 11
Share-based payment awards   (30) (14)
Tax-exempt income   (29) (23)
Dividend received deduction   (1) (4)
U.S. shareholder’s tax (benefit) expense   0 (17)
Income Tax Expense (Benefit), Total $ 2,890 $ 1,162 $ (135)
Effective Income Tax Rate, Continuing Operations, Tax Rate Reconciliation      
U.S. federal statutory tax rate 21.00% 21.00% 21.00%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent 1.00% 0.90% 2.00%
Foreign tax effects 0.10%    
Effect of cross-border tax laws 0.10%    
Tax credits (0.40%) (0.70%) 13.50%
Change in valuation allowances 0.00% 0.10% (1.70%)
Nontaxable or nondeductible items 0.40%    
Changes in unrecognized tax benefits (0.10%) (0.10%) (9.50%)
Other adjustments (0.10%) 0.00% (3.10%)
Share-based payment awards   (0.50%) 4.00%
Tax-exempt income   (0.50%) 6.60%
Dividend received deduction   0.00% 1.10%
U.S. shareholder’s tax (benefit) expense   0.00% 4.90%
Effective Income Tax Rate Reconciliation, Percent, Total 22.00% 20.20% 38.80%