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REVISION OF PRIOR PERIOD FINANCIAL STATEMENTS - Income Statement (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
REVENUES        
Premiums $ 258 $ 312 $ 822 $ 879
Net investment income (loss) 1,343 1,308 3,946 3,685
Other income 349 300 961 983
Total revenues 1,450 3,073 8,388 8,810
BENEFITS AND OTHER DEDUCTIONS        
Remeasurement of liability for future policy benefits 59 (1) 44 (3)
Change in market risk benefits and purchased market risk benefits (353) 97 (287) (1,123)
Interest credited to policyholders’ account balances 798 701 2,272 1,879
Total benefits and other deductions 2,798 3,084 9,925 7,921
Income (loss) from continuing operations, before income taxes (1,348) (11) (1,537) 889
Income tax (expense) benefit 133 39 189 (101)
Net income (loss) (1,215) 28 (1,348) 788
Net income (loss) attributable to Holdings (1,309) (132) (1,595) 388
Net income (loss) available to Holdings’ common shareholders, basic (1,325) (146) (1,643) 334
Net income (loss) available to Holdings’ common shareholders, diluted $ (1,325) $ (146) $ (1,643) $ 334
EARNINGS PER COMMON SHARE        
Basic (in dollars per share) $ (4.47) $ (0.46) $ (5.43) $ 1.03
Diluted (in dollars per share) $ (4.47) $ (0.46) $ (5.43) $ 1.02
As Previously 
Reported        
REVENUES        
Premiums   $ 313   $ 870
Net investment income (loss)   1,309   3,694
Other income   301   989
Total revenues   3,076   8,816
BENEFITS AND OTHER DEDUCTIONS        
Remeasurement of liability for future policy benefits   16   9
Change in market risk benefits and purchased market risk benefits   79   (1,154)
Interest credited to policyholders’ account balances   708   1,879
Total benefits and other deductions   3,090   7,902
Income (loss) from continuing operations, before income taxes   (14)   914
Income tax (expense) benefit   40   (106)
Net income (loss)   26   808
Net income (loss) attributable to Holdings   (134)   408
Net income (loss) available to Holdings’ common shareholders, basic   (148)   354
Net income (loss) available to Holdings’ common shareholders, diluted   $ (148)   $ 354
EARNINGS PER COMMON SHARE        
Basic (in dollars per share)   $ (0.47)   $ 1.09
Diluted (in dollars per share)   $ (0.47)   $ 1.08
Impact of Revisions        
REVENUES        
Premiums   $ (1)   $ 9
Net investment income (loss)   (1)   (9)
Other income   (1)   (6)
Total revenues   (3)   (6)
BENEFITS AND OTHER DEDUCTIONS        
Remeasurement of liability for future policy benefits   (17)   (12)
Change in market risk benefits and purchased market risk benefits   18   31
Interest credited to policyholders’ account balances   (7)   0
Total benefits and other deductions   (6)   19
Income (loss) from continuing operations, before income taxes   3   (25)
Income tax (expense) benefit   (1)   5
Net income (loss)   2   (20)
Net income (loss) attributable to Holdings   2   (20)
Net income (loss) available to Holdings’ common shareholders, basic   2   (20)
Net income (loss) available to Holdings’ common shareholders, diluted   $ 2   $ (20)
EARNINGS PER COMMON SHARE        
Basic (in dollars per share)   $ 0.01   $ (0.06)
Diluted (in dollars per share)   $ 0.01   $ (0.06)