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Separate Accounts (Tables)
 3 Months Ended
Mar. 31, 2025
Separate Accounts Disclosure [Abstract]  
Schedule of Fair Value of Separate Account Assets
The following table presents the fair value of separate account assets (in millions) reported on the Consolidated Balance Sheets by major investment category:

As of
March 31, 		As of
December 31,
20252024
Mutual funds and collective investment trusts$161,823 $167,759 
Exchange-traded funds249 336 
Fixed maturity AFS securities168 161 
Cash and invested cash 77 12 
Other investments189 170 
Total separate account assets$162,506 $168,438 
Schedule of Reconciliation of Separate Account Liabilities
The following table reconciles separate account liabilities (in millions) to the Consolidated Balance Sheets:

As of
March 31, 		As of
December 31,
20252024
Variable Annuities$113,635 $117,998 
UL and Other28,106 28,841 
Retirement Plan Services20,708 21,541 
Other Operations (1)
57 58 
Total separate account liabilities$162,506 $168,438 
(1) Represents separate account liabilities reported in Other Operations primarily attributable to the indemnity reinsurance agreements with Protective ($47 million and $49 million as of March 31, 2025, and December 31, 2024, respectively) that are excluded from the following tables.
Summary of Balances and changes in Separate Account Liabilities
The following table summarizes the balances of and changes in separate account liabilities (in millions):

As of or For the Three
Months Ended
March 31, 2025		As of or For the Three
Months Ended
March 31, 2024
Variable AnnuitiesUL and OtherRetirement Plan ServicesVariable AnnuitiesUL and OtherRetirement Plan Services
Balance as of beginning-of-year$117,998 $28,841 $21,541 $113,356 $25,150 $19,699 
Gross deposits1,557 353 627 904 358 570 
Withdrawals(3,915)(204)(902)(3,208)(103)(732)
Policyholder assessments(656)(246)(46)(648)(246)(44)
Change in market performance(1,798)(624)(478)7,503 1,885 1,475 
Net transfers from (to) general account449 (14)(34)269 (37)18 
Balance as of end-of-period$113,635 $28,106 $20,708 $118,176 $27,007 $20,986 
Cash surrender value$112,239 $23,577 $20,695 $116,771 $24,606 $20,971