Other Revenues and Other Expenses (Tables)

6 Months Ended

Jun. 30, 2025

Other Income and Expenses [Abstract]

Information on other revenues, which primarily includes fees related to service contracts from customers, was as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
	(In millions)
Vision fee for service arrangements	$	133	$	130	$	287	$	276
Prepaid legal plans	158		145		319		293
Fee-based investment management	119		98		221		196
Administrative services-only contracts	73		69		147		136
Recordkeeping and administrative services (1)	34		37		70		75
Other revenue from service contracts from customers	87		79		171		159
Total revenues from service contracts from customers	604		558		1,215		1,135
Other	75		80		151		177
Total other revenues	$	679	$	638	$	1,366	$	1,312

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(1)Related to products and businesses no longer actively marketed by the Company.

Other Expenses

Information on other expenses was as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
	(In millions)
Amortization of DAC, VOBA and negative VOBA	$	528	$	493	$	1,047	$	995
Interest expense on debt	269		257		527		521
Direct:
Employee-related costs (1)	936		900		1,927		1,850
Third-party staffing costs	413		362		789		711
General and administrative expenses	130		153		256		301
Commissions and other variable expenses	1,606		1,462		3,153		2,965
Capitalization of DAC	(787)		(683)		(1,485)		(1,423)
Premium taxes, other taxes, and licenses & fees	158		171		319		347
Pension, postretirement and postemployment benefit costs	66		65		136		130
Total other expenses	$	3,319	$	3,180	$	6,669	$	6,397

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(1)Includes ($58) million and ($81) million for the three months and six months ended June 30, 2025, respectively, and ($27) million and ($77) million for the three months and six months ended June 30, 2024, respectively, for the net change in cash surrender value of investments in certain life insurance policies, net of premiums paid.