Consolidated Statements of Income (Loss) - USD ($) shares in Millions, $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024
REVENUES
Policy charges and fee income		$ 626	$ 617	$ 1,262	$ 1,231
Premiums		260	282	564	567
Net derivative gains (losses)		(1,374)	(208)	(575)	(1,584)
Net investment income (loss)		1,355	1,167	2,603	2,377
Investment gains (losses), net:
Credit and intent to sell losses on available for sale debt securities and loans		(54)	(15)	(54)	(35)
Other investment gains (losses), net		(17)	(1)	(31)	(20)
Total investment gains (losses), net		(71)	(16)	(85)	(55)
Investment management and service fees		1,272	1,240	2,557	2,518
Other income		294	425	612	683
Total revenues		2,362	3,507	6,938	5,737
BENEFITS AND OTHER DEDUCTIONS
Policyholders’ benefits		787	667	1,546	1,344
Remeasurement of liability for future policy benefits		(13)	(7)	(15)	(2)
Change in market risk benefits and purchased market risk benefits		(606)	(132)	66	(1,220)
Interest credited to policyholders’ account balances		796	599	1,474	1,178
Compensation and benefits		592	577	1,193	1,197
Commissions and distribution-related payments		488	463	989	900
Interest expense		61	62	116	119
Amortization of deferred policy acquisition costs		193	169	381	341
Other operating costs and expenses		427	428	1,377	980
Total benefits and other deductions		2,725	2,826	7,127	4,837
Income (loss) from continuing operations, before income taxes		(363)	681	(189)	900
Income tax (expense) benefit		80	(116)	56	(140)
Net income (loss)		(283)	565	(133)	760
Less: Net income (loss) attributable to the noncontrolling interest	[1]	66	137	153	240
Net income (loss) attributable to Holdings		(349)	428	(286)	520
Less: Preferred stock dividends		18	26	32	40
Net income (loss) available to Holdings’ common shareholders, basic		(367)	402	(318)	480
Net income (loss) available to Holdings’ common shareholders, diluted		$ (367)	$ 402	$ (318)	$ 480
Net income (loss) applicable to Holdings’ common shareholders per common share:
Basic (in dollars per share)		$ (1.21)	$ 1.24	$ (1.04)	$ 1.47
Diluted (in dollars per share)		$ (1.21)	$ 1.23	$ (1.04)	$ 1.45
Weighted average common shares outstanding (in millions):
Basic (in shares)		303.2	324.2	305.5	327.2
Diluted (in shares)		303.2	327.3	305.5	330.4

[1] Includes redeemable noncontrolling interest. See Note 15 of the Notes to these Consolidated Financial Statements for details of redeemable noncontrolling interest.