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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash Flows from Operating Activities:      
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 733 $ 742 $ 729
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Deferred income tax expense (benefit) 89 42 (62)
Net (gains) losses 130 27 72
Share-based compensation 72 96 126
(Gains) losses on CIEs (189) (196) (230)
(Gains) losses on limited partnerships/corporations (57) 0 33
Changes in operating assets and liabilities:      
Deferred policy acquisition costs and value of business acquired 137 102 113
Premium receivable and reinsurance recoverable 747 649 538
Other receivables and asset accruals (35) (153) 31
Future policy benefits, claims reserves and interest credited 109 465 272
Other payables and accruals 107 (70) (95)
(Increase) decrease in cash held by CIEs (659) (511) (98)
Other, net 104 152 209
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation, Total 1,288 1,345 1,638
Proceeds from the sale, maturity, disposal or redemption of:      
Fixed maturities 8,726 6,239 6,980
Equity securities 131 36 139
Mortgage loans on real estate 902 784 600
Limited partnerships/corporations 382 292 470
Acquisition of:      
Fixed maturities (9,007) (5,511) (4,439)
Equity securities (80) (59) (28)
Mortgage loans on real estate (1,018) (301) (408)
Limited partnerships/corporations (396) (464) (307)
Short-term investments, net (2) 119 144
Derivatives, net (27) 206 81
Sales from CIEs 1,175 1,496 962
Purchases within CIEs (2,405) (2,608) (1,225)
Increase (Decrease) in Collateral Held under Securities Lending 8 167 (19)
Receipts on deposit asset contracts 121 217 253
Net cash and cash equivalents acquired (paid) related to business acquisitions (1) 224 0 (584)
Payment for (Proceeds from) Other Investing Activity (103) (132) (87)
Net cash provided by (used in) investing activities (1,369) 481 2,532
Cash Flows from Financing Activities:      
Deposits received for investment contracts 4,027 2,945 2,501
Maturities and withdrawals from investment contracts (5,122) (5,569) (6,355)
Proceeds from issuance of long-term debt 0 397 388
Repayments of long-term debt, including current maturities (400) (1) (541)
Borrowings of CIEs 1,538 1,186 487
Repayments of borrowings of CIEs (1,641) (1,081) (687)
Contributions from (distributions to) participants in CIEs, net 2,065 1,634 772
Proceeds from issuance of common stock, net 5 6 0
Common stock acquired - Share repurchase (200) (640) (369)
Dividends paid on preferred stock (41) (41) (36)
Dividends paid on common stock (178) (171) (127)
Other, net (138) (95) (92)
Net cash provided by (used in) financing activities (85) (1,430) (4,059)
Net increase (decrease) in cash and cash equivalents, including cash in CIEs (166) 396 111
Cash and cash equivalents, including cash in CIEs, beginning of period 1,514 1,118 1,007
Cash and cash equivalents, including cash in CIEs, end of period 1,348 1,514 1,118
Supplemental cash flow information:      
Income taxes paid 15 9 11
Interest paid 115 103 113
Non-cash investing and financing activities:      
Treasury stock retirement 0 0 186
Reconciliation of cash and cash equivalents, including cash in CIEs:      
Total cash and cash equivalents, including cash in CIEs 1,348 1,514  
Excluding consolidated VIEs      
Supplemental cash flow information:      
Income taxes paid 0 0 $ 0
Reconciliation of cash and cash equivalents, including cash in CIEs:      
Cash and cash equivalents 1,228 1,399  
VIEs      
Reconciliation of cash and cash equivalents, including cash in CIEs:      
Cash and cash equivalents $ 120 $ 115