XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.2
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues        
Insurance premiums $ 1,612 $ (2,766) $ 3,239 $ (1,235)
Fee income 1,104 1,118 2,232 2,228
Net investment income 1,361 1,232 2,702 2,456
Realized gain (loss) (162) 283 (409) 226
Other revenues 97 177 185 425
Total revenues 4,012 44 7,949 4,100
Expenses        
Benefits 1,608 (2,726) 3,377 (989)
Interest credited 849 781 1,672 1,533
Market risk benefit (gain) loss (445) (169) 173 (866)
Policyholder liability remeasurement (gain) loss (49) (107) (74) (118)
Commissions and other expenses 1,251 1,290 2,554 2,693
Interest and debt expense 40 48 80 96
Total expenses 3,254 (883) 7,782 2,349
Income (loss) before taxes 758 927 167 1,751
Federal income tax expense (benefit) 131 166 (21) 333
Net income (loss) 627 761 188 1,418
Other comprehensive income (loss), net of tax:        
Unrealized investment gain (loss) 350 136 536 669
Market risk benefit non-performance risk gain (loss) (350) (197) (33) (661)
Policyholder liability discount rate remeasurement gain (loss) (48) 85 (127) 190
Total other comprehensive income (loss), net of tax (48) 24 376 198
Comprehensive income (loss) $ 579 $ 785 $ 564 $ 1,616