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Accumulated Other Comprehensive Income
 9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Accumulated Other Comprehensive Income
24. Accumulated Other Comprehensive Income
The components of and changes in the accumulated other comprehensive income (“AOCI”), and the related tax effects, are shown below:
Change in
Net Unrealized
Investment
Gains (Losses)		Change in
Discount Rate
for Future
Policy Benefits		Change in
Instrument-
Specific
Credit Risk
for Market
Risk Benefits		Defined
Benefit
Pension
Plan
Adjustment		Foreign
Currency
Translation /
Other		Total
(Dollars in millions)
Balance as of December 31, 2024$177 $279 $(196)$103 $(23)$340 
Other comprehensive income (loss) before reclassifications355 (35)68 (4)42 426 
Amounts reclassified to (from) AOCI(7)— — — — (7)
Deferred income tax benefit (expense)(75)12 (19)1 (8)(89)
Balance at March 31, 2025450 256 (147)100 11 670 
Other comprehensive income (loss) before reclassifications82 (57)(104)(3)109 27 
Amounts reclassified to (from) AOCI(34)— — — — (34)
Deferred income tax benefit (expense)(6)4 26 1 (24)1 
Balance at June 30, 2025492 203 (225)98 96 664 
Other comprehensive income (loss) before reclassifications623 (56)125 (30)(94)568 
Amounts reclassified to (from) AOCI35 — — — — 35 
Deferred income tax benefit (expense)(141)15 (26)6 11 (135)
Balance at September 30, 2025$1,009 $162 $(126)$74 $13 $1,132 
Balance as of December 31, 2023$(299)$105 $1 $85 $(1)$(109)
Other comprehensive income (loss) before reclassifications(56)128 (11)5 (3)63 
Amounts reclassified to (from) AOCI— — — — — — 
Deferred income tax benefit (expense) and other12 (26)2 (1)— (13)
Balance at March 31, 2024(343)207 (8)89 (4)(59)
Other comprehensive income (loss) before reclassifications489 101 18 19 10 637 
Amounts reclassified to (from) AOCI4 — — — — 4 
Deferred income tax benefit (expense)(106)(21)(4)(4)(2)(137)
Balance at June 30, 202444 287 6 104 4 445 
Other comprehensive income (loss) before reclassifications1,689 (290)(90)4 (2)1,311 
Amounts reclassified to (from) AOCI2 — — — — 2 
Deferred income tax benefit (expense)(357)59 19 (1)3 (277)
Balance at September 30, 2024$1,378 $56 $(65)$107 $5 $1,481