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Future Policy Benefits Reserves (Tables)
 9 Months Ended
Sep. 30, 2025
Insurance [Abstract]  
Schedule of Liability for Future Policy Benefit
The following table summarizes balances and changes in the LFPB:

20252024
(In millions)
Present value of future net premiums
Balance, January 1$3,425 $3,710 
Effect of changes in discount rate(7)(125)
Balance, January 1, at original locked in discount rate3,418 3,585 
Effect of changes in cash flow assumptions (a)114 111 
Effect of actual variances from expected experience (a)(2)(40)
Adjusted balance, January 13,530 3,656 
Interest accrual133 139 
Net premiums: earned during period(306)(317)
Balance, end of period at original locked in discount rate3,357 3,478 
Effect of changes in discount rate83 147 
Balance, September 30
$3,440 $3,625 
Present value of future benefits & expenses
Balance, January 1$16,583 $17,669 
Effect of changes in discount rate440 (578)
Balance, January 1, at original locked in discount rate17,023 17,091 
Effect of changes in cash flow assumptions (a)121 126 
Effect of actual variances from expected experience (a)50 33 
Adjusted balance, January 117,194 17,250 
Interest accrual688 693 
Benefit & expense payments(870)(883)
Balance, end of period at original locked in discount rate17,012 17,060 
Effect of changes in discount rate(26)612 
Balance, September 30
$16,986 $17,672 
Net LFPB, September 30
$13,546 $14,047 

(a)
As of September 30, 2025 and 2024, the re-measurement loss of $59 million and $88 million presented parenthetically on the Consolidated Condensed Statement of Operations is comprised of the effect of changes in cash flow assumptions and the effect of actual variances from expected experience.
The following table presents earned premiums and interest accretion associated with the long-term care business recognized on the Condensed Consolidated Statement of Operations.

Three Months EndedNine Months Ended
September 30,September 30,
2025202420252024
(In millions)
   
Earned premiums$106 $110 $318 $329 
Interest accretion185 185 555 554 

The following table presents undiscounted expected future benefit and expense payments and undiscounted expected future gross premiums.

September 30,
20252024
(In millions)
Expected future benefit and expense payments$31,582 $32,009 
Expected future gross premiums5,048 5,305 
The weighted average interest rates in the table below are calculated based on the rate used to discount all future cash flows.

September 30,December 31,
202520242024
Original locked in discount rate5.16 %5.20 %5.20 %
Upper-medium grade fixed income instrument discount rate5.24 4.90 5.51