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Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of changes in carrying amount of goodwill reported in main operating segments
The changes in the carrying amount of goodwill reported in the Company’s reportable segments were as follows:
Advice & Wealth ManagementAsset
Management		Retirement & Protection SolutionsConsolidated
(in millions)
Balance at January 1, 2023
$279 $1,019 $91 $1,389 
Foreign currency translation— 27 — 27 
Other adjustments— (6)— (6)
Balance at December 31, 2023
279 1,040 91 1,410 
Foreign currency translation— (9)— (9)
Other adjustments— — — — 
Balance at December 31, 2024
$279 $1,031 $91 $1,401 
Schedule of components of indefinite-lived intangible assets
The carrying amount of indefinite-lived intangible assets consisted of the following:
December 31,
20242023
(in millions)
Customer contracts$844 $848 
Trade names65 67 
Total$909 $915 
Schedule of components of definite-lived intangible assets
Definite-lived intangible assets consisted of the following:
 
December 31, 2024
December 31, 2023
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
(in millions)
Customer relationships$370 $(204)$166 $380 $(191)$189 
Contracts226 (218)8 228 (219)9 
Other357 (269)88 343 (243)100 
Total$953 $(691)$262 $951 $(653)$298 
Schedule of estimated future intangible amortization expense
Estimated intangible amortization expense as of December 31, 2024 for the next five years is as follows:
 (in millions)
2025$53 
202648 
202736 
202826 
202922