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INCOME AND EXCISE TAXES - Reconciliation (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Tax Disclosure [Abstract]      
Net increase in stockholders' equity resulting from operations $ 1,299 $ 1,522 $ 1,522
Net realized gains (losses) on investments, foreign currency and other transactions 75 (136) (440)
Income not currently taxable (186) (203) (157)
Income for tax but not book 361 233 60
Expenses not currently deductible 157 76 21
Realized gain/loss difference (246) 17 60
Taxable income 1,460 1,509 1,066
Dividend income not taxable until collected 268 257 198
Dividend income collected $ 149 $ 33 $ 11