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Deferred Policy Acquisition Costs and Value of Business Acquired - DAC and VOBA Activity (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Movement Analysis Of Value of Business Acquired VOBA [Roll Forward]      
Beginning balance $ 376 $ 406 $ 439
Deferrals of commissions and expenses 4 3 4
Amortization expense (60) (33) (37)
Ending balance 710 376 406
Deferred policy acquisition costs ("DAC") and Value of business acquired ("VOBA") $ 2,401 2,148  
Deferred Policy Acquisition Costs and Value of Business Acquired
The following table presents a rollforward of DAC and VOBA for the periods indicated:
DAC
VOBA(2)
Retirement Deferred and Individual Annuities
Employee Benefits Voluntary
Businesses Exited
Balance as of January 1, 2023$691 $171 $1,043 $439 
Deferrals of commissions and expenses59 54 — 4 
Amortization expense(55)(32)(105)(37)
Balance as of December 31, 2023$695 $193 $938 $406 
Deferrals of commissions and expenses60 58 — 3 
Amortization expense(54)(36)(100)(33)
Balance as of December 31, 2024$701 $215 $838 $376 
Additions related to business acquisitions(1)
— — — 390 
Deferrals of commissions and expenses59 46 — 4 
Amortization expense(54)(40)(94)(60)
Balance as of December 31, 2025$706 $221 $744 $710 
(1) Related to the acquisition of the full-service retirement plan business of OneAmerica Financial.
(2) Primarily related to the Retirement segment.

The following table shows a reconciliation of DAC and VOBA balances to the Consolidated Balance Sheets as of the periods indicated:
December 31, 2025December 31, 2024
DAC:
Retirement Deferred and Individual Annuities
$706 $701 
Employee Benefits Voluntary
221 215 
Businesses Exited744 838 
Other
20 18 
VOBA710 376 
Total$2,401 $2,148 
    
Wealth Solutions      
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Beginning balance $ 701 695 691
Deferrals of commissions and expenses 59 60 59
Amortization expense (54) (54) (55)
Ending balance 706 701 695
Businesses exited      
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Beginning balance 838 938 1,043
Deferrals of commissions and expenses 0 0 0
Amortization expense (94) (100) (105)
Ending balance 744 838 938
Other      
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Beginning balance 18    
Ending balance 20 18  
Health Solutions      
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Beginning balance 215 193 171
Deferrals of commissions and expenses 46 58 54
Amortization expense (40) (36) (32)
Ending balance 221 $ 215 $ 193
OneAmerica      
Movement Analysis Of Value of Business Acquired VOBA [Roll Forward]      
Deferrals of commissions and expenses 390    
OneAmerica | Wealth Solutions      
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Deferrals of commissions and expenses 0    
OneAmerica | Businesses exited      
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Deferrals of commissions and expenses 0    
OneAmerica | Health Solutions      
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Deferrals of commissions and expenses $ 0