Corebridge Financial, Inc. Condensed Consolidated Statements of Income (Loss) (unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Revenues:
Premiums	$ 387	$ 871
Policy fees	610	720
Net investment income	3,197	3,189
Net realized losses:
Total net realized losses	(336)	(1,414)
Advisory fee income	83	125
Other income	23	81
Total revenues	3,964	3,572
Benefits and expenses:
Policyholder benefits (includes remeasurement losses of $77 and $146 for the three months ended March 31, 2026 and 2025, respectively)	974	1,457
Change in the fair value of market risk benefits, net	378	385
Interest credited to policyholder account balances	1,525	1,417
Amortization of deferred policy acquisition costs and value of business acquired	245	275
Non-deferrable insurance commissions	104	156
Advisory fee expenses	44	70
General operating expenses	468	526
Interest expense	131	148
Net (gain) on divestitures	(2)	0
Total benefits and expenses	3,867	4,434
Income (loss) before income tax expense (benefit)	97	(862)
Income tax expense (benefit)	158	(205)
Net loss	(61)	(657)
Less: Net income (loss) attributable to noncontrolling interests	(8)	7
Net loss attributable to Corebridge	(53)	(664)
Less: Preferred stock dividends	0	0
Net loss available to Corebridge common shareholders	$ (53)	$ (664)
Income (loss) per common share available to Corebridge common shareholders:
Common stock - basic (in dollars per share)	$ (0.11)	$ (1.19)
Common stock - diluted (in dollars per share)	$ (0.11)	$ (1.19)
Weighted average shares outstanding:
Common stock - basic (in shares)	473.5	558.0
Common stock - diluted (in shares)	473.5	558.0
Excluding Fortitude Re Funds Withheld Assets
Revenues:
Net investment income	$ 2,937	$ 2,858
Net realized losses:
Total net realized losses	(329)	(822)
Net realized gains on Fortitude Re funds withheld assets
Revenues:
Net investment income	260	331
Net realized losses:
Total net realized losses	(21)	4
Net realized gains (losses) on Fortitude Re funds withheld embedded derivatives
Net realized losses:
Total net realized losses	$ 14	$ (596)

Corebridge Financial, Inc. 10-Q