Fixed maturities, available-for-sale, at fair value (allowance for credit losses 2026-196 2025-183) (amortized cost 2026-364,941 2025-357,996)
333,526
330,851
331,455
335,414
Fixed maturities, trading, at fair value (amortized cost 2026-17,658 2025-15,536)
16,758
15,831
14,869
14,575
Assets supporting experience-rated contractholder liabilities, at fair value
5,405
4,781
4,842
4,648
Equity securities, at fair value (cost 2026-11,503 2025-8,303)
14,389
12,552
10,972
8,794
Commercial mortgage and other loans (net of 505 and 469 allowance for credit losses includes 959 and 1,056 of loans measured at fair value under the fair value option at june 30, 2026 and december31, 2025, respectively)
65,985
65,412
64,715
64,813
Policy loans
9,984
9,988
9,958
9,951
Other invested assets (net of 2 and 2 allowance for credit losses includes 9,114 and 8,286 of assets measured at fair value at june 30, 2026 and december 31, 2025, respectively)
28,574
27,792
27,294
27,665
Short-term investments (net of allowance for credit losses 2026-10 2025-0)
7,216
6,917
6,414
6,248
Total investments
481,837
474,124
470,519
472,108
Cash and cash equivalents
15,162
15,936
19,712
17,469
Accrued investment income
3,758
3,633
3,636
3,581
Deferred policy acquisition cost
21,880
21,730
21,530
21,468
Value of business acquired
366
382
397
430
Market risk benefit assets
2,430
2,166
2,330
2,252
Reinsurance recoverables and deposit receivables (net of 14 and 14 allowance for credit losses includes 709 and 573 of embedded derivatives at fair value at june 30, 2026 and december 31, 2025, respectively)
44,218
43,213
44,077
44,947
Income tax assets
37
0
279
240
Other assets (net of 4 and 1 allowance for credit losses includes 0 and 0 of assets at fair value at june 30, 2026 and december 31, 2025, respectively)
14,916
15,176
15,009
15,267
Separate account assets
198,950
189,036
196,251
198,540
Total assets
783,554
765,396
773,740
776,302
Future policy benefits
260,944
262,470
266,914
272,553
Policyholders account balances
202,223
192,131
191,307
188,657
Market risk benefit liabilities
4,731
5,000
4,623
4,771
Policyholders dividends
1,002
809
1,272
1,412
Securities sold under agreements to repurchase
10,069
10,975
9,598
9,937
Cash collateral for loaned securities
9,236
8,905
8,700
8,597
Reinsurance and funds withheld payables (includes 166 and 174 of embedded derivatives at fair value at june 30, 2026 and december 31, 2025, respectively)
19,864
19,270
18,844
17,874
Income tax liabilities
-
255
-
-
Short-term debt
955
946
1,443
1,386
Long-term debt
19,663
18,882
18,856
18,797
Other liabilities (includes 16 and 16 allowance for credit losses and 5,759 and 6,215 of derivatives at fair value at june 30, 2026 and december 31, 2025, respectively)
17,313
18,507
17,692
17,095
Notes issued by consolidated variable interest entities (includes 1,807 and 767 measured at fair value under the fair value option at june 30, 2026 and december 31, 2025, respectively)