XML 99 R85.htm IDEA: XBRL DOCUMENT v3.25.1
Segments - Total Assets (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Segment Reporting Information [Line Items]      
Total assets $ 163,950   $ 163,889
Net investment income 32 $ 78  
Revenues 1,969 2,051  
Other expense 8 1  
Less: Net income (loss) attributable to noncontrolling interest (5) 37  
Less: Preferred stock dividends 17 17  
Corporate      
Segment Reporting Information [Line Items]      
Total assets 23,678   24,940
Total | Parent      
Segment Reporting Information [Line Items]      
Total assets 159,943   159,361
Operating Segments | Wealth Solutions Deferred Group and Individual Annuity      
Segment Reporting Information [Line Items]      
Total assets 131,059   129,058
Operating Segments | Employee Benefits [Member]      
Segment Reporting Information [Line Items]      
Total assets 3,423   3,490
Operating Segments | Investment Management [Member]      
Segment Reporting Information [Line Items]      
Total assets 1,783   1,873
Operating Segments | Wealth Solutions Segment      
Segment Reporting Information [Line Items]      
External customer revenue 380 313  
Net investment income 0 0  
Other Nonrecurring (Income) Expense (22) (74)  
Adjusted operating revenues 798 719  
Interest Credited to Policy Owner Account 231 216  
Administrative Fees Expense 261 234  
Noninterest Income 0 0  
Intersegment Fee income and elimination 0 0  
Deferred Policy Acquisition Cost, Amortization Expense, Other 28 22  
Financing Costs And Dividends, Preferred Stock 0 0  
Other expense 0 0  
Adjusted operating earnings before income taxes 207 186  
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest 0 0  
Operating Segments | Health Solutions Segment      
Segment Reporting Information [Line Items]      
External customer revenue 807 867  
Net investment income 0 0  
Other Nonrecurring (Income) Expense (1) (1)  
Adjusted operating revenues 841 905  
Interest Credited to Policy Owner Account 551 613  
Administrative Fees Expense 139 134  
Intersegment Fee income and elimination 0 0  
Deferred Policy Acquisition Cost, Amortization Expense, Other 9 8  
Financing Costs And Dividends, Preferred Stock 0 0  
Other expense 0 0  
Adjusted operating earnings before income taxes 46 59  
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest 0 0  
Operating Segments | Investment Management Segment      
Segment Reporting Information [Line Items]      
External customer revenue 223 218  
Net investment income 36 78  
Other Nonrecurring (Income) Expense (44) (86)  
Adjusted operating revenues 243 234  
Interest Credited to Policy Owner Account 0 0  
Administrative Fees Expense 190 181  
Noninterest Income 0 0  
Intersegment Fee income and elimination 22 20  
Deferred Policy Acquisition Cost, Amortization Expense, Other 0 0  
Financing Costs And Dividends, Preferred Stock 0 0  
Other expense 0 0  
Adjusted operating earnings before income taxes 41 42  
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest 12 12  
Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax 53 53  
Segment Reporting, Reconciling Item, Corporate Nonsegment      
Segment Reporting Information [Line Items]      
External customer revenue 1 3  
Net investment income (4) 0  
Other Nonrecurring (Income) Expense (14) (27)  
Adjusted operating revenues 6 4  
Interest Credited to Policy Owner Account 0 0  
Administrative Fees Expense 0 0  
Noninterest Income 0 0  
Intersegment Fee income and elimination (22) (20)  
Deferred Policy Acquisition Cost, Amortization Expense, Other 0 0  
Financing Costs And Dividends, Preferred Stock 47 45  
Other expense 22 23  
Adjusted operating earnings before income taxes (62) (63)  
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest (1) (1)  
Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax (63) (64)  
Operating Segments And Corporate Non Segment      
Segment Reporting Information [Line Items]      
External customer revenue 1,411 1,401  
Net investment income 32 78  
Other Nonrecurring (Income) Expense (81) (188)  
Adjusted operating revenues 1,888 1,863  
Interest Credited to Policy Owner Account 782 829  
Administrative Fees Expense 590 549  
Noninterest Income 50 41  
Intersegment Fee income and elimination 0 0  
Deferred Policy Acquisition Cost, Amortization Expense, Other 37 30  
Adjusted operating earnings before income taxes 232 224  
Other Adjustments to Operating Income (Loss) (30)    
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest 11 11  
Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax 243 235  
Adjustments      
Segment Reporting Information [Line Items]      
Total assets $ 4,007   $ 4,528
Other Adjustments to Operating Income (Loss)   $ (22)