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Segment Information (Tables)
 9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Summary of selected financial information by segment and reconciliation to consolidated
The following tables summarize selected financial information by segment and reconcile segment totals to those reported on the consolidated financial statements:
 September 30, 2024December 31, 2023
(in millions)
Advice & Wealth Management$42,434 $42,983 
Asset Management7,953 7,288 
Retirement & Protection Solutions
119,017 108,451 
Corporate & Other16,565 16,469 
Total assets$185,969 $175,191 
 
Three Months Ended September 30,
Nine Months Ended September 30,
2024202320242023
(in millions)
Adjusted operating net revenues:
Advice & Wealth Management
$2,742 $2,407 $7,946 $7,015 
Asset Management
882 826 2,585 2,433 
Retirement & Protection Solutions973 876 2,813 2,558 
Corporate & Other
115 143 347 417 
Elimination of segment revenues (1)(2)
(367)(337)(1,075)(984)
Total segment adjusted operating net revenues
4,345 3,915 12,616 11,439 
Adjustments:
Net realized investment gains (losses)
(6)(38)(9)(32)
Market impact on non-traditional long-duration products5 3 6 4 
Revenue attributable to consolidated investment entities53 45 150 132 
Total net revenues per consolidated statements of operations$4,397 $3,925 $12,763 $11,543 
(1) Represents the elimination of intersegment revenues recognized for the three months ended September 30, 2024 and 2023 in each segment as follows: Advice & Wealth Management ($237 million and $217 million, respectively); Asset Management ($24 million and $21 million, respectively); Retirement & Protection Solutions ($113 million and $104 million, respectively); and Corporate & Other ($(7) million and $(5) million, respectively).
(2) Represents the elimination of intersegment revenues recognized for the nine months ended September 30, 2024 and 2023 in each segment as follows: Advice & Wealth Management ($698 million and $629 million, respectively); Asset Management ($71 million and $57 million, respectively); Retirement & Protection Solutions ($327 million and $310 million, respectively); and Corporate & Other ($(21) million and $(12) million, respectively).
 
Three Months Ended September 30,
Nine Months Ended September 30,
2024202320242023
(in millions)
Adjusted operating earnings:
Advice & Wealth Management
$826 $729 $2,410 $2,153 
Asset Management
245 199 669 526 
Retirement & Protection Solutions118 100 513 483 
Corporate & Other
(143)(72)(351)(206)
Total segment adjusted operating earnings
1,046 956 3,241 2,956 
Adjustments:
Net realized investment gains (losses)(6)(38)(9)(32)
Market impact on non-traditional long-duration products(402)211 (322)(137)
Mean reversion related impacts
1 — 1 — 
Integration/restructuring charges— (12)— (47)
Net income (loss) attributable to consolidated investment entities
6 — 4 — 
Pretax income per consolidated statements of operations$645 $1,117 $2,915 $2,740