KKR & Co. (KKR) 10-Q 9 Aug 24 2024 Q2 Quarterly report Financial data

COVER PAGE

COVER PAGE - shares	6 Months Ended
	Jun. 30, 2024	Aug. 08, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2024
Document Transition Report	false
Entity File Number	001-34820
Entity Registrant Name	KKR & CO. INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	88-1203639
Entity Address, Address Line One	30 Hudson Yards
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10001
City Area Code	212
Local Phone Number	750-8300
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		887,439,879
Entity Central Index Key	0001404912
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q2
Amendment Flag	false
Common Stock
Document Information [Line Items]
Title of 12(b) Security	Common Stock
Trading Symbol	KKR
Security Exchange Name	NYSE
4.625% Subordinated Notes due 2061 of KKR Group Finance Co. IX LLC
Document Information [Line Items]
Title of 12(b) Security	4.625% Subordinated Notes due 2061 of KKR Group Finance Co. IX LLC
Trading Symbol	KKRS
Security Exchange Name	NYSE

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Assets
Other Assets	$ 10,732,167	$ 9,858,930
Separate Account Assets	4,122,642	4,107,000
Total Assets	348,469,179	317,294,194
Liabilities and Equity
Accrued Expenses and Other Liabilities	12,669,270	10,974,421
Separate Account Liabilities	4,122,642	4,107,000
Total Liabilities	289,939,212	258,915,282
Commitments and Contingencies (See Note 24)
Redeemable Noncontrolling Interests (See Note 23)	1,291,487	615,427
Stockholders' Equity
Common Stock, $0.01 par value. $3,500,000,000 shares authorized, 887,439,098 and $885,005,588 shares, issued and outstanding as of June 30, 2024 and December 31, 2023, respectively.	8,874	8,850
Additional Paid-In Capital	18,133,336	17,549,157
Retained Earnings	10,867,154	9,818,336
Accumulated Other Comprehensive Income (Loss) ("AOCI")	(7,336,261)	(4,517,649)
Total KKR & Co. Inc. Stockholders' Equity	21,673,103	22,858,694
Noncontrolling Interests (See Note 22)	35,565,377	34,904,791
Total Equity	57,238,480	57,763,485
Total Liabilities and Equity	348,469,179	317,294,194
Series I Preferred Stock
Stockholders' Equity
Series I Preferred Stock, $0.01 par value. 1 share authorized, 1 share issued and outstanding as of June 30, 2024 and December 31, 2023.	0	0
Asset Management and Strategic Holdings
Assets
Cash and Cash Equivalents	7,829,321	8,393,892
Restricted Cash and Cash Equivalents	168,888	116,599
Investments	102,046,987	98,634,801
Due from Affiliates	1,616,747	1,446,852
Other Assets	5,080,261	4,975,223
Total Assets	116,742,204	113,567,367
Liabilities and Equity
Debt Obligations	45,396,247	44,886,870
Due to Affiliates	444,947	538,099
Accrued Expenses and Other Liabilities	9,869,018	7,718,415
Total Liabilities	55,710,212	53,143,384
Insurance
Assets
Cash and Cash Equivalents	7,710,857	11,954,675
Restricted Cash and Cash Equivalents	360,705	342,954
Investments	163,502,261	141,370,323
Reinsurance Recoverable	45,473,921	36,617,344
Insurance Intangible Assets	4,904,683	4,450,824
Other Assets	5,651,906	4,883,707
Separate Account Assets	4,122,642	4,107,000
Total Assets	231,726,975	203,726,827
Liabilities and Equity
Debt Obligations	3,698,209	2,587,857
Accrued Expenses and Other Liabilities	2,800,252	3,256,006
Policy Liabilities (market risk benefit liabilities: $1,019,763 and $1,120,968, respectively.)	177,832,610	160,058,271
Funds Withheld Payable at Interest	43,943,834	34,339,522
Reinsurance Liabilities	1,831,453	1,423,242
Separate Account Liabilities	4,122,642	4,107,000
Total Liabilities	$ 234,229,000	$ 205,771,898

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Liabilities and Equity
Market Risk Benefit Liability	$ 1,019,763	$ 1,120,968
Stockholders' Equity
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	3,500,000,000	3,500,000,000
Common stock, shares issued (in shares)	887,439,098	885,005,588
Common stock, shares outstanding (in shares)	887,439,098	885,005,588
Series I Preferred Stock
Stockholders' Equity
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	1	1
Preferred stock, shares issued (in shares)	1	1
Preferred stock, shares outstanding (in shares)	1	1
Insurance
Liabilities and Equity
Market Risk Benefit Liability	$ 1,019,763	$ 1,120,968

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) - VIE (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Assets
Other Assets	$ 10,732,167	$ 9,858,930
Total Assets	348,469,179	317,294,194
Liabilities
Accrued Expenses and Other Liabilities	12,669,270	10,974,421
Total Liabilities	289,939,212	258,915,282
Consolidated VIEs
Assets
Total Assets	115,958,204	109,927,538
Liabilities
Total Liabilities	36,266,601	35,526,497
Consolidated VIEs | Consolidated CFEs
Assets
Total Assets	27,614,315	27,135,648
Liabilities
Total Liabilities	26,609,768	26,146,169
Consolidated VIEs | Consolidated Funds and Other Investment Vehicles
Assets
Total Assets	61,261,022	58,961,228
Liabilities
Total Liabilities	9,241,564	9,043,166
Consolidated VIEs | Other VIEs
Assets
Total Assets	27,082,867	23,830,662
Liabilities
Total Liabilities	415,269	337,162
Asset Management and Strategic Holdings
Assets
Cash and Cash Equivalents	7,829,321	8,393,892
Restricted Cash and Cash Equivalents	168,888	116,599
Investments	102,046,987	98,634,801
Other Assets	5,080,261	4,975,223
Total Assets	116,742,204	113,567,367
Liabilities
Debt Obligations	45,396,247	44,886,870
Accrued Expenses and Other Liabilities	9,869,018	7,718,415
Total Liabilities	55,710,212	53,143,384
Asset Management and Strategic Holdings | Consolidated VIEs
Assets
Cash and Cash Equivalents	3,454,713	2,871,697
Restricted Cash and Cash Equivalents	163,447	110,308
Investments	84,244,126	82,339,535
Other Assets	1,013,051	775,336
Total Assets	88,875,337	86,096,876
Liabilities
Debt Obligations	34,176,838	33,830,853
Accrued Expenses and Other Liabilities	1,674,494	1,358,482
Total Liabilities	35,851,332	35,189,335
Asset Management and Strategic Holdings | Consolidated VIEs | Consolidated CFEs
Assets
Cash and Cash Equivalents	2,163,401	1,709,523
Restricted Cash and Cash Equivalents	0	0
Investments	24,890,663	24,996,298
Other Assets	560,251	429,827
Total Assets	27,614,315	27,135,648
Liabilities
Debt Obligations	25,253,120	25,276,404
Accrued Expenses and Other Liabilities	1,356,648	869,765
Total Liabilities	26,609,768	26,146,169
Asset Management and Strategic Holdings | Consolidated VIEs | Consolidated Funds and Other Investment Vehicles
Assets
Cash and Cash Equivalents	1,291,312	1,162,174
Restricted Cash and Cash Equivalents	163,447	110,308
Investments	59,353,463	57,343,237
Other Assets	452,800	345,509
Total Assets	61,261,022	58,961,228
Liabilities
Debt Obligations	8,923,718	8,554,449
Accrued Expenses and Other Liabilities	317,846	488,717
Total Liabilities	9,241,564	9,043,166
Asset Management and Strategic Holdings | Consolidated VIEs | Other VIEs
Assets
Cash and Cash Equivalents	0	0
Restricted Cash and Cash Equivalents	0	0
Investments	0	0
Other Assets	0	0
Total Assets	0	0
Liabilities
Debt Obligations	0	0
Accrued Expenses and Other Liabilities	0	0
Total Liabilities	0	0
Insurance
Assets
Cash and Cash Equivalents	7,710,857	11,954,675
Restricted Cash and Cash Equivalents	360,705	342,954
Investments	163,502,261	141,370,323
Other Assets	5,651,906	4,883,707
Total Assets	231,726,975	203,726,827
Liabilities
Debt Obligations	3,698,209	2,587,857
Accrued Expenses and Other Liabilities	2,800,252	3,256,006
Total Liabilities	234,229,000	205,771,898
Insurance | Consolidated VIEs
Assets
Cash and Cash Equivalents	985,123	783,015
Investments	25,613,118	22,556,040
Other Assets	484,626	491,607
Total Assets	27,082,867	23,830,662
Liabilities
Debt Obligations	34,700
Accrued Expenses and Other Liabilities	380,569	337,162
Total Liabilities	415,269
Insurance | Consolidated VIEs | Consolidated CFEs
Assets
Cash and Cash Equivalents	0	0
Investments	0	0
Other Assets	0	0
Total Assets	0	0
Liabilities
Debt Obligations	0
Accrued Expenses and Other Liabilities	0	0
Total Liabilities	0
Insurance | Consolidated VIEs | Consolidated Funds and Other Investment Vehicles
Assets
Cash and Cash Equivalents	0	0
Investments	0	0
Other Assets	0	0
Total Assets	0	0
Liabilities
Debt Obligations	0
Accrued Expenses and Other Liabilities	0	0
Total Liabilities	0
Insurance | Consolidated VIEs | Other VIEs
Assets
Cash and Cash Equivalents	985,123	783,015
Investments	25,613,118	22,556,040
Other Assets	484,626	491,607
Total Assets	27,082,867	23,830,662
Liabilities
Debt Obligations	34,700
Accrued Expenses and Other Liabilities	380,569	$ 337,162
Total Liabilities	$ 415,269

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Revenues
Net Premiums	$ 935,794	$ 626,429	$ 6,972,316	$ 1,100,053
Net Investment Income	1,580,498	1,311,055	3,100,400	2,611,752
Total Revenues	4,171,910	3,626,518	13,828,648	6,754,000
Expenses
Total Expenses	3,946,329	3,122,482	13,259,273	5,982,565
Investment Income (Loss) - Asset Management and Strategic Holdings
Net Gains (Losses) from Investment Activities	392,667	570,085	1,030,829	410,676
Dividend Income	471,349	246,939	716,406	395,106
Interest Income	903,861	850,061	1,793,963	1,578,677
Interest Expense	(783,253)	(720,108)	(1,537,317)	(1,296,446)
Total Investment Income (Loss)	984,624	946,977	2,003,881	1,088,013
Income (Loss) Before Taxes	1,210,205	1,451,013	2,573,256	1,859,448
Income Tax Expense (Benefit)	216,969	324,955	486,170	473,702
Net Income (Loss)	993,236	1,126,058	2,087,086	1,385,746
Net Income (Loss) Attributable to Redeemable Noncontrolling Interests	29,666	(1,740)	62,344	(9,043)
Net Income (Loss) Attributable to Noncontrolling Interests	295,644	266,086	674,602	193,083
Net Income (Loss) Attributable to KKR & Co. Inc.	667,926	861,712	1,350,140	1,201,706
Net Income (Loss) Attributable to KKR & Co. Inc. Common Stockholders	667,926	844,463	1,350,140	1,167,207
Series C Mandatory Convertible Preferred Stock Dividends
Investment Income (Loss) - Asset Management and Strategic Holdings
Series C Mandatory Convertible Preferred Stock Dividends	$ 0	$ 17,249	$ 0	$ 34,499
Common Stock
Net Income (Loss) Attributable to KKR & Co. Inc. Per Share of Common Stock
Basic (in dollars per share)	$ 0.75	$ 0.98	$ 1.52	$ 1.36
Diluted (in dollars per share)	$ 0.72	$ 0.94	$ 1.45	$ 1.32
Weighted Average Shares of Common Stock Outstanding
Basic (in shares)	887,394,513	861,553,274	886,200,169	861,332,121
Diluted (in shares)	932,046,386	912,147,881	928,593,777	913,068,567
Asset Management and Strategic Holdings
Revenues
Fees and Other	$ 822,324	$ 754,447	$ 1,515,850	$ 1,431,463
Capital Allocation-Based Income (Loss)	738,125	696,897	2,001,067	1,145,915
Total Revenues	1,560,449	1,451,344	3,516,917	2,577,378
Expenses
Compensation and Benefits	895,165	657,114	2,211,613	1,232,784
Occupancy and Related Charges	23,306	23,593	46,846	45,742
General, Administrative and Other	304,489	289,586	582,470	503,275
Total Expenses	1,222,960	970,293	2,840,929	1,781,801
Insurance
Revenues
Net Premiums	935,794	626,429	6,972,316	1,100,053
Policy Fees	333,900	315,382	662,847	629,184
Net Investment Income	1,580,498	1,311,055	3,100,400	2,611,752
Net Investment-Related Gains (Losses)	(302,620)	(117,550)	(544,106)	(241,383)
Other Income	63,889	39,858	120,274	77,016
Total Revenues	2,611,461	2,175,174	10,311,731	4,176,622
Expenses
General, Administrative and Other	180,697	204,052	364,552	415,783
Net Policy Benefits and Claims (including market risk benefit loss (gain) of $11,790, $(75,286), $(89,970) and $71,024, respectively.)	2,199,160	1,736,014	9,460,229	3,263,068
Amortization of Policy Acquisition Costs	32,808	170	29,056	44,381
Interest Expense	65,750	39,832	120,317	80,093
Insurance Expenses	244,954	172,121	444,190	397,439
Total Expenses	$ 2,723,369	$ 2,152,189	$ 10,418,344	$ 4,200,764

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income Statement [Abstract]
Market risk benefit, (gain) loss	$ 11,790	$ (75,286)	$ (89,970)	$ 71,024

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement of Comprehensive Income [Abstract]
Net Income (Loss)	$ 993,236	$ 1,126,058	$ 2,087,086	$ 1,385,746
Other Comprehensive Income (Loss), Net of Tax:
Unrealized Gains (Losses) on Available-For-Sale Securities and Other	(427,602)	(220,665)	(627,823)	912,087
Net effect of changes in discount rates and instrument-specific credit risk on policy liabilities	147,304	13,551	272,484	(123,550)
Foreign Currency Translation Adjustments	(93,820)	(106,615)	(200,981)	(124,853)
Comprehensive Income (Loss)	619,118	812,329	1,530,766	2,049,430
Comprehensive Income (Loss) Attributable to Redeemable Noncontrolling Interests	29,666	(1,740)	62,344	(9,043)
Comprehensive Income (Loss) Attributable to Noncontrolling Interests	292,286	188,936	669,764	483,121
Comprehensive Income (Loss) Attributable to KKR & Co. Inc.	$ 297,166	$ 625,133	$ 798,658	$ 1,575,352

CONDENSED CONSOLIDATED STATEM_7

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($) $ in Thousands	Total	Series I Preferred Stock	Total KKR & Co. Inc. Stockholders' Equity	Preferred Stock Series C Mandatory Convertible Preferred Stock Dividends	Preferred Stock Series I Preferred Stock	Common Stock	Additional Paid-In Capital	Additional Paid-In Capital 2024 GA Acquisition	Additional Paid-In Capital As previously reported	Additional Paid-In Capital Adjustment	Retained Earnings	Retained Earnings As previously reported	Retained Earnings Adjustment	Retained Earnings Series C Mandatory Convertible Preferred Stock Dividends	Accumulated Other Comprehensive Income (Loss) (net of tax)	Accumulated Other Comprehensive Income (Loss) (net of tax) 2024 GA Acquisition	Accumulated Other Comprehensive Income (Loss) (net of tax) As previously reported	Accumulated Other Comprehensive Income (Loss) (net of tax) Adjustment	Noncontrolling Interests	Noncontrolling Interests As previously reported	Noncontrolling Interests Adjustment
Increase (Decrease) in Stockholders' Equity
Redeemable Noncontrolling Interests (See Note 23)	$ 152,065
Stockholders' equity, beginning balance at Dec. 31, 2022				$ 1,115,792		$ 8,611	$ 16,284,057		$ 16,190,407	$ 93,650	$ 6,701,107	$ 6,315,711	$ 385,396		$ (5,301,800)		$ (5,901,701)	$ 599,901	$ 36,410,858	$ 35,778,000	$ 632,858
Preferred stock, shares outstanding, beginning balance (in shares) at Dec. 31, 2022				22,999,974	1
Increase (Decrease) in Stockholders' Equity
Conversion of Series C Mandatory Convertible Preferred Stock (in shares)				(1,172)		1,366
Common stock, shares outstanding, beginning balance (in shares) at Dec. 31, 2022						861,110,478
Increase (Decrease) in Stockholders' Equity
Clawback of Transfer Restricted Shares (in shares)						(19,777)
Net Delivery of Common Stock (Equity Incentive Plans)						$ 20	(31,775)
Net Delivery of Common Stock (Equity Incentive Plans) (in shares)						1,981,928
Repurchases of Common Stock						$ (51)	(272,224)
Repurchases of Common Stock (in shares)						(5,086,354)
Equity-Based Compensation							96,952
Change in KKR & Co. Inc.'s Ownership Interest (See Note 22)							107,241								5,880				(113,121)
Tax Effects of Changes in Ownership and Other							2,647
Net Income (Loss) Attributable to KKR & Co. Inc.	1,201,706										1,201,706
Series C Mandatory Convertible Preferred Stock Dividends ($0.75 per share)														$ (34,499)
Common Stock Dividends ($0.175 and $0.34 per share)											(275,743)
Other Comprehensive Income (Loss)															373,646
Stockholders' equity, ending balance at Jun. 30, 2023	60,411,021		$ 19,981,567	$ 1,115,792		$ 8,580	16,186,898				7,592,571				(4,922,274)				40,429,454
Preferred stock, shares outstanding, ending balance (in shares) at Jun. 30, 2023				22,998,802	1
Common stock, shares outstanding, ending balance (in shares) at Jun. 30, 2023						857,987,641
Increase (Decrease) in Stockholders' Equity
Redeemable Noncontrolling Interests (See Note 23)	144,126
Stockholders' equity, beginning balance at Mar. 31, 2023				$ 1,115,792		$ 8,611	16,339,472		16,339,472		6,890,381	6,890,381			(4,691,575)		(4,691,575)			37,316,569
Preferred stock, shares outstanding, beginning balance (in shares) at Mar. 31, 2023				22,999,974	1
Increase (Decrease) in Stockholders' Equity
Conversion of Series C Mandatory Convertible Preferred Stock (in shares)				(1,172)		1,366
Common stock, shares outstanding, beginning balance (in shares) at Mar. 31, 2023						861,104,000
Increase (Decrease) in Stockholders' Equity
Clawback of Transfer Restricted Shares (in shares)						(6,153)
Net Delivery of Common Stock (Equity Incentive Plans)						$ 20	(31,775)
Net Delivery of Common Stock (Equity Incentive Plans) (in shares)						1,974,782
Repurchases of Common Stock						$ (51)	(272,224)
Repurchases of Common Stock (in shares)						(5,086,354)
Equity-Based Compensation							41,537
Change in KKR & Co. Inc.'s Ownership Interest (See Note 22)							107,241								5,880				(113,121)
Tax Effects of Changes in Ownership and Other							2,647
Net Income (Loss) Attributable to KKR & Co. Inc.	861,712										861,712
Series C Mandatory Convertible Preferred Stock Dividends ($0.75 per share)														$ (17,249)
Common Stock Dividends ($0.175 and $0.34 per share)											(142,273)
Other Comprehensive Income (Loss)															(236,579)
Stockholders' equity, ending balance at Jun. 30, 2023	60,411,021		19,981,567	$ 1,115,792		$ 8,580	16,186,898				7,592,571				(4,922,274)				40,429,454
Preferred stock, shares outstanding, ending balance (in shares) at Jun. 30, 2023				22,998,802	1
Common stock, shares outstanding, ending balance (in shares) at Jun. 30, 2023						857,987,641
Increase (Decrease) in Stockholders' Equity
Redeemable Noncontrolling Interests (See Note 23)	183,413
Redeemable Noncontrolling Interests (See Note 23)	615,427
Stockholders' equity, beginning balance at Dec. 31, 2023	$ 57,763,485					$ 8,850			17,549,157			9,818,336					(4,517,649)		34,904,791	34,904,791
Preferred stock, shares outstanding, beginning balance (in shares) at Dec. 31, 2023		1			1
Common stock, shares outstanding, beginning balance (in shares) at Dec. 31, 2023	885,005,588					885,005,588
Increase (Decrease) in Stockholders' Equity
Clawback of Transfer Restricted Shares (in shares)						(9,725)
Exchange of KKR Holding Units (in shares)						61,381
Private Placement Share Issuance (in shares)						5,379
Net Delivery of Common Stock (Equity Incentive Plans)						$ 24	(92,970)
Net Delivery of Common Stock (Equity Incentive Plans) (in shares)						2,376,475
Compensation Modification (See Note 19)							226,011												53,623
Compensation Modification - Issuance of Holdings III Units (See Note 19)							(53,623)
Equity-Based Compensation							156,259
2024 GA Acquisition - Issuance of Holdings III Units (See Note 1)								$ (40,789)
Change in KKR & Co. Inc.'s Ownership Interest (See Note 22)							261,097	$ 128,194							30,364	$ (2,297,494)			(288,512)
Net Income (Loss) Attributable to KKR & Co. Inc.	$ 1,350,140										1,350,140
Common Stock Dividends ($0.175 and $0.34 per share)											(301,322)
Other Comprehensive Income (Loss)															(551,482)
Stockholders' equity, ending balance at Jun. 30, 2024	$ 57,238,480		21,673,103			$ 8,874	18,133,336				10,867,154				(7,336,261)				35,565,377
Preferred stock, shares outstanding, ending balance (in shares) at Jun. 30, 2024		1			1
Common stock, shares outstanding, ending balance (in shares) at Jun. 30, 2024	887,439,098					887,439,098
Increase (Decrease) in Stockholders' Equity
Redeemable Noncontrolling Interests (See Note 23)	$ 922,093
Stockholders' equity, beginning balance at Mar. 31, 2024						$ 8,850			$ 18,032,599			$ 10,354,524					$ (6,974,780)			$ 34,568,564
Preferred stock, shares outstanding, beginning balance (in shares) at Mar. 31, 2024					1
Common stock, shares outstanding, beginning balance (in shares) at Mar. 31, 2024						885,010,967
Increase (Decrease) in Stockholders' Equity
Clawback of Transfer Restricted Shares (in shares)						(9,725)
Exchange of KKR Holding Units (in shares)						61,381
Net Delivery of Common Stock (Equity Incentive Plans)						$ 24	(92,970)
Net Delivery of Common Stock (Equity Incentive Plans) (in shares)						2,376,475
Equity-Based Compensation							76,755
Change in KKR & Co. Inc.'s Ownership Interest (See Note 22)							116,952								9,279				(123,282)
Net Income (Loss) Attributable to KKR & Co. Inc.	667,926										667,926
Common Stock Dividends ($0.175 and $0.34 per share)											(155,296)
Other Comprehensive Income (Loss)															(370,760)
Stockholders' equity, ending balance at Jun. 30, 2024	$ 57,238,480		$ 21,673,103			$ 8,874	$ 18,133,336				$ 10,867,154				$ (7,336,261)				$ 35,565,377
Preferred stock, shares outstanding, ending balance (in shares) at Jun. 30, 2024		1			1
Common stock, shares outstanding, ending balance (in shares) at Jun. 30, 2024	887,439,098					887,439,098
Increase (Decrease) in Stockholders' Equity
Redeemable Noncontrolling Interests (See Note 23)	$ 1,291,487

CONDENSED CONSOLIDATED STATEM_8

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2022
Accounting Standards Update [Extensible Enumeration]					Accounting Standards Update 2018-12 [Member]
Series C Mandatory Convertible Preferred Stock Dividends
Preferred stock, dividends declared (in dollars per share)		$ 0.75		$ 1.50
Common Stock
Common stock, dividends declared (in dollars per share)	$ 0.175	$ 0.165	$ 0.34	$ 0.32

CONDENSED CONSOLIDATED STATEM_9

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Operating Activities
Net Income (Loss)	$ 2,087,086	$ 1,385,746
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided (Used) by Operating Activities:
Equity-Based and Other Non-Cash Compensation	368,318	331,667
Change in Unrealized (Gains) Losses - Asset Management and Strategic Holdings	(997,679)	(700,596)
Net Accretion and Amortization	(40,942)	37,449
Other Non-Cash Amounts	97,174	69,461
Cash Flows Due to Changes in Operating Assets and Liabilities:
Change in Consolidation	77,519	0
Change in Due from / to Affiliates	(270,892)	109,539
Change in Other Assets	(441,937)	354,029
Change in Accrued Expenses and Other Liabilities	1,658,023	(308,920)
Net Cash Provided (Used) by Operating Activities	4,885,275	(4,572,009)
Investing Activities
Purchases of Fixed Assets	(43,768)	(61,762)
Net Cash Provided (Used) by Investing Activities	(11,675,396)	(3,619,144)
Financing Activities
Common Stock Dividends	(301,322)	(275,743)
Distributions to Redeemable Noncontrolling Interests	(10,405)	(1,785)
Contributions from Redeemable Noncontrolling Interests	624,121	69,997
Distributions to Noncontrolling Interests	(4,038,461)	(3,737,866)
Contributions from Noncontrolling Interests	3,392,401	7,404,393
2024 GA Acquisition - Cash consideration (See Note 1)	(2,622,230)	0
Net Delivery of Common Stock (Equity Incentive Plans)	(92,946)	(31,755)
Repurchases of Common Stock	0	(272,275)
Proceeds from Debt Obligations	13,870,893	8,711,285
Repayment of Debt Obligations	(11,969,531)	(5,815,835)
Financing Costs Paid	(13,871)	(11,220)
Net Cash Provided (Used) by Financing Activities	2,106,070	5,527,304
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(54,298)	27,197
Net Increase/(Decrease) in Cash, Cash Equivalents and Restricted Cash	(4,738,349)	(2,636,652)
Cash, Cash Equivalents and Restricted Cash, Beginning of Period	20,808,120	13,385,370
Cash, Cash Equivalents and Restricted Cash, End of Period	16,069,771	10,748,718
Cash, Cash Equivalents and Restricted Cash are comprised of the following:
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Total	16,069,771	10,748,718
Supplemental Disclosures of Cash Flow Information
Payments for Interest	1,482,365	1,229,610
Payments for Income Taxes	374,725	598,252
Payments for Operating Lease Liabilities	32,181	28,896
Supplemental Disclosures of Non-Cash Investing and Financing Activities
Non-Cash Contribution from Noncontrolling Interests	3,879	0
Debt Obligations - Net Gains (Losses), Translation and Other	380,456	(437,029)
Right-of-Use Assets obtained in Exchange for new Operating Lease Liabilities	0	17,167
Investments Acquired through Reinsurance Agreements	11,393,248	788,095
Contractholder Deposit Funds Acquired through Reinsurance Agreements	2,039,960	43,968
Change in Consolidation
Other Assets	15,285	0
Accrued Expenses and Other Liabilities	6,923	(103)
Noncontrolling Interests	1,067,974	(165,607)
Redeemable Noncontrolling Interests	0	(27,821)
Series C Mandatory Convertible Preferred Stock Dividends
Financing Activities
Series C Mandatory Convertible Preferred Stock Dividends	0	(34,499)
Asset Management and Strategic Holdings
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided (Used) by Operating Activities:
Net Realized (Gains) Losses - Asset Management and Strategic Holdings	(33,150)	289,920
Change in Unrealized (Gains) Losses - Asset Management and Strategic Holdings	(997,679)	(700,596)
Capital Allocation-Based (Income) Loss - Asset Management and Strategic Holdings	(2,001,067)	(1,145,915)
Cash Flows Due to Changes in Operating Assets and Liabilities:
Investments Purchased - Asset Management and Strategic Holdings	(21,360,831)	(19,797,968)
Proceeds from Investments - Asset Management and Strategic Holdings	21,343,106	12,118,149
Financing Activities
Cash, Cash Equivalents and Restricted Cash, Beginning of Period	8,510,491	6,958,756
Cash, Cash Equivalents and Restricted Cash, End of Period	7,998,209	5,987,928
Cash, Cash Equivalents and Restricted Cash are comprised of the following:
Cash and Cash Equivalents	7,829,321	5,885,308
Restricted Cash and Cash Equivalents	168,888	102,620
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Total	7,998,209	5,987,928
Change in Consolidation
Investments	982,263	(126,889)
Insurance
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided (Used) by Operating Activities:
Net Investment and Policy Liability-Related (Gains) Losses - Insurance	1,373,769	1,464,930
Interest Credited to Policyholder Account Balances (net of Policy Fees) - Insurance	1,929,802	1,332,504
Cash Flows Due to Changes in Operating Assets and Liabilities:
Reinsurance Transactions and Acquisitions, Net of Cash Provided - Insurance	652,163	263,170
Change in Premiums, Notes Receivable and Reinsurance Recoverable, Net of Reinsurance Premiums Payable - Insurance	1,056,920	(16,926)
Change in Deferred Policy Acquisition Costs - Insurance	(351,746)	(244,503)
Change in Policy Liabilities and Accruals, Net - Insurance	(260,361)	(113,745)
Investing Activities
Investments Purchased - Insurance	(39,519,739)	(13,862,413)
Proceeds from Investments - Insurance	27,874,362	10,308,946
Other Investing Activities, Net - Insurance	13,749	(3,915)
Financing Activities
Additions to Contractholder Deposit Funds - Insurance	15,290,576	7,527,948
Withdrawals from Contractholder Deposit Funds - Insurance	(11,264,240)	(8,096,042)
Reinsurance Transactions, Net of Cash Provided - Insurance	48,109	79,903
Other Financing Activity, Net - Insurance	(807,024)	10,798
Cash, Cash Equivalents and Restricted Cash, Beginning of Period	12,297,629	6,426,614
Cash, Cash Equivalents and Restricted Cash, End of Period	8,071,562	4,760,790
Cash, Cash Equivalents and Restricted Cash are comprised of the following:
Cash and Cash Equivalents	7,710,857	4,421,172
Restricted Cash and Cash Equivalents	360,705	339,618
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Total	8,071,562	4,760,790
Change in Consolidation
Investments	$ 0	$ (93,545)

ORGANIZATION

ORGANIZATION	6 Months Ended
	Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION	ORGANIZATION KKR & Co. Inc. (NYSE: KKR), through its subsidiaries (collectively, "KKR"), is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group LLC ("TGAFG" and, together with its insurance companies and other subsidiaries, "Global Atlantic"). KKR & Co. Inc. is the parent company of KKR Group Co. Inc., which in turn owns KKR Group Holdings Corp., which is the general partner of KKR Group Partnership L.P. ("KKR Group Partnership"). KKR & Co. Inc. both indirectly controls KKR Group Partnership and indirectly holds Class A partner interests in KKR Group Partnership ("KKR Group Partnership Units") representing economic interests in KKR's business. As of June 30, 2024, KKR & Co. Inc. held indirectly approximately 99.2% of the KKR Group Partnership Units. The remaining balance is held indirectly by KKR current and former employees through restricted holdings units representing an ownership interest in KKR Group Partnership Units, which may be exchanged for shares of common stock of KKR & Co. Inc. ("exchangeable securities"). As limited partner interests, these KKR Group Partnership Units are non-voting and do not entitle anyone other than KKR to manage its business and affairs. KKR Group Partnership also has outstanding limited partner interests that provide for a carry pool provided by KKR Associates Holdings L.P. ("Associates Holdings"). On January 2, 2024, KKR acquired the remaining minority interests of Global Atlantic held by third party co-investors and Global Atlantic employees in exchange for cash and securities exchangeable for shares of KKR & Co. Inc. common stock (the “2024 GA Acquisition”). The purchase price paid by KKR was approximately $2.6 billion in cash and approximately $41 million in securities exchangeable for shares of KKR & Co. Inc. common stock. Global Atlantic was consolidated prior to January 2, 2024 and consequently, this transaction was accounted for as an equity transaction. At the time of the 2024 GA Acquisition, the carrying value of the noncontrolling interests held by third party co-investors and Global Atlantic employees in Global Atlantic was lower than the purchase price paid by KKR, which was determined by excluding unrealized losses on its available-for-sale portfolio and consistent with the calculation of the purchase price paid by KKR to acquire Global Atlantic in 2021. As such, this transaction resulted in a decrease in KKR & Co. Inc. Stockholders’ Equity. References to "KKR" in these financial statements refer to KKR & Co. Inc. and its subsidiaries, including Global Atlantic, unless the context requires otherwise, especially in sections where "KKR" is intended to refer to the asset management and strategic holdings businesses only. References in these financial statements to "principals" are to KKR's current and former employees who held interests in KKR's business through KKR Holdings prior to the Reorganization Mergers (as defined below). References to "Global Atlantic" in these financial statements includes the insurance companies and other subsidiaries of Global Atlantic, which are consolidated by KKR. Reorganization Agreement On October 8, 2021, KKR entered into a Reorganization Agreement (the "Reorganization Agreement") with KKR Holdings L.P. ("KKR Holdings"), KKR Management LLP (which holds the sole outstanding share of Series I preferred stock), Associates Holdings, and the other parties thereto. Pursuant to the Reorganization Agreement, the parties agreed to undertake a series of integrated transactions to effect a number of transformative structural and governance changes, some of which were completed on May 31, 2022, and other changes to be completed in the future. On May 31, 2022, KKR completed the merger transactions ("Reorganization Mergers") contemplated by the Reorganization Agreement pursuant to which KKR acquired KKR Holdings (which changed its name to KKR Group Holdings L.P.) and all of the KKR Group Partnership Units held by it. Pursuant to the Reorganization Agreement, the following transactions will occur in the future on the Sunset Date (as defined below): i. the control of KKR & Co. Inc. by KKR Management LLP and the Series I Preferred Stock held by it will be eliminated, ii. the voting rights for all common stock of KKR & Co. Inc., including with respect to the election of directors, will be established on a one vote per share basis, and iii. KKR will acquire control of Associates Holdings, the entity providing for the allocation of carry proceeds to KKR employees, also known as the carry pool.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited financial statements of KKR & Co. Inc. have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") for interim financial information and the instructions to this Quarterly Report on Form 10-Q. The condensed consolidated financial statements (referred to hereafter as the "financial statements"), including these notes, are unaudited and exclude some of the disclosures required in annual financial statements. Management believes it has made all necessary adjustments (consisting of only normal recurring items) such that the financial statements are presented fairly and that estimates made in preparing the financial statements are reasonable and prudent. The operating results presented for interim periods are not necessarily indicative of the results that may be expected for any other interim period or for the entire year. The consolidated balance sheet data as of December 31, 2023 were derived from audited financial statements included in KKR & Co. Inc.'s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 filed with the U.S. Securities and Exchange Commission ("SEC") on February 29, 2024 (our "Annual Report"), and the financial statements should be read in conjunction with the audited financial statements included therein. Additionally, in the accompanying financial statements, the condensed consolidated statements of financial condition are referred to hereafter as the "consolidated statements of financial condition"; the condensed consolidated statements of operations are referred to hereafter as the "consolidated statements of operations"; the condensed consolidated statements of comprehensive income (loss) are referred to hereafter as the "consolidated statements of comprehensive income (loss)"; the condensed consolidated statements of changes in equity are referred to hereafter as the "consolidated statements of changes in equity"; and the condensed consolidated statements of cash flows are referred to hereafter as the "consolidated statements of cash flows." KKR consolidates the financial results of KKR Group Partnership and its consolidated entities, which include the accounts of KKR's investment management and capital markets companies, the general partners of certain unconsolidated investment funds, general partners of consolidated investment funds and their respective consolidated investment funds, Global Atlantic’s insurance companies and certain other entities including CFEs. The presentations in the consolidated statement of financial condition and consolidated statement of operations reflect the significant industry diversification of KKR by its acquisition of Global Atlantic. Global Atlantic operates an insurance business, and KKR operates an asset management business, which manages the operations of the newly-formed Strategic Holdings segment (see Note 21 - "Segment Reporting"), each of which possess distinct characteristics. As a result, KKR developed a two-tiered approach for the financial statements presentation, where Global Atlantic's insurance operations are presented separately from KKR's asset management business. KKR believes that these separate presentations provide a more informative view of the consolidated financial position and results of operations than traditional aggregated presentations and that reporting Global Atlantic’s insurance operations separately is appropriate given, among other factors, the relative significance of Global Atlantic’s policy liabilities, which are not obligations of KKR. (other than the insurance companies that issued them). If a traditional aggregate presentation were to be used, KKR would expect to eliminate or combine several identical or similar captions, which would condense the presentations, but would also reduce the level of information presented. KKR also believes that using a traditional aggregate presentation would result in no new line items compared to the two-tier presentation included in the financial statements in this report. In the ordinary course of business, KKR’s Asset Management business, Strategic Holdings business and Insurance business enter into transactions with each other, which may include transactions pursuant to their investment management agreements and certain financing arrangements. The borrowings from these financing arrangements are non-recourse to KKR beyond the assets designated to support such borrowings. All of the investment management and financing arrangements amongst KKR segments are eliminated in consolidation. All intercompany transactions and balances have been eliminated. For a detailed discussion about KKR’s significant accounting policies and for further information on accounting updates adopted in the prior year, see Note 2 to the financial statements in the Annual Report. Other than the items listed below, during the six months ended June 30, 2024, there were no significant updates to KKR’s significant accounting policies. Use of Estimates The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the recognition and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues, expenses, investment income (loss) and income taxes during the reporting periods. Such estimates include but are not limited to (i) the valuation of investments and financial instruments, (ii) the determination of the income tax provision, (iii) the impairment of goodwill and intangible assets, (iv) the impairment of available-for-sale investments, (v) the valuation of insurance policy liabilities, including market risk benefits, (vi) the valuation of embedded derivatives in policy liabilities and funds withheld, (vii) the determination of the allowance for loan losses, and (viii) amortization of deferred revenues and expenses associated with the insurance business. Certain events particular to each industry and country or region in which the portfolio companies conduct their operations, as well as general market, economic, political and geopolitical, regulatory and public health conditions, may have a significant negative impact on KKR’s investments and profitability. Such events are beyond KKR’s control, and the likelihood that they may occur and the effect on KKR's use of estimates cannot be predicted. Actual results could differ from those estimates, and such differences could be material to the financial statements. Compensation and Benefits Carry Pool Allocation With respect to our funds that provide for carried interest, KKR allocates a portion of the realized and unrealized carried interest that KKR earns to Associates Holdings, which is referred to as the carry pool, from which KKR's asset management employees and certain other carry pool participants are eligible to receive a carried interest allocation. The allocation is determined based upon a fixed arrangement between Associates Holdings and KKR, and KKR does not exercise discretion on whether to make an allocation to the carry pool upon a realization event. KKR refers to the portion of carried interest that KKR allocates to the carry pool as the carry pool percentage. As of December 31, 2023, the carry pool percentage was fixed at 40%, 43% or 65% by investment fund, depending on the fund’s vintage. For funds that closed after December 31, 2020 but before December 31, 2023, the carry pool percentage was fixed at 65%. For funds that closed after June 30, 2017 but before December 31, 2020, the carry pool percentage was fixed at 43%, and the carry pool percentage was fixed at 40% for older funds that contributed to KKR's carry pool. Effective January 2, 2024, KKR is authorized to apply a carry pool percentage in excess of these fixed percentages of up to 80% for all funds. This increase to the carry pool percentage was approved by a majority of KKR's independent directors, and the carry pool percentage may not be increased above 80% without the further approval of a majority of KKR's independent directors. For funds that closed after December 31, 2023, the carry pool percentage is fixed at 80%. For funds that closed prior to December 31, 2023, the carry pool percentage is calculated at a fixed percentage of 40%, 43% or 65% (depending on the fund’s vintage) for carried interest realized up to a high water mark, which was established based on the unrealized carried interest balance that existed on January 2, 2024, plus an additional percentage amount up to 80% based on a formulaic allocation, only if the unrealized carried interest balance at any period end exceeds the high water mark. This imposes a limitation of the carry pool allocation for such funds based on the amount of cumulative unrealized carried interest income earned subsequent to December 31, 2023. For funds that closed before December 31, 2023, if the cumulative carried interest subsequent to December 31, 2023 is not sufficient to fund this formulaic allocation, the allocation of carried interest reverts to the carry pool percentage in effect before this modification. As such, upon modification of the carry pool percentage effective on January 2, 2024, the cumulative unrealized carried interest was not sufficient to fund the additional formulaic allocation percentage in excess of the pre-existing 40%, 43% and 65% carry pool percentages, and therefore no incremental expense was recognized as of such date. The carry pool percentage applicable for all funds that closed prior to December 31, 2023 will not be less than their applicable carry pool percentages of 40%, 43% or 65% prior to December 31, 2023, and will not be more than 80%. The intent of this modification is that for all funds that closed prior to January 2, 2024, upon the final liquidation of each fund, realized carried interest distributed will equal the historical fund carry pool allocations up to the high water mark and only distributions of realized carried interest in excess of the high water mark will be distributed at 80 percent if and only if the unrealized carried interest balance at any period end exceeds the high water mark. Under no circumstance would a distribution of carried interest exceed 80% of the total allocable carried interest at any time. KKR accounts for the carry pool as a compensatory profit-sharing arrangement in Accrued Expenses and Other Liabilities within the accompanying consolidated statements of financial condition in conjunction with the related carried interest income and it is recorded as compensation expense. The liability that is recorded in each period reflects the legal entitlement of Associates Holdings at each point in time should the total unrealized carried interest be realized at the value recorded at each reporting date. Upon a reversal of carried interest income, the related carry pool allocation, if any, is also reversed. Accordingly, such compensation expense is subject to both positive and negative adjustments. Adoption of new accounting pronouncements Fair value measurement of equity securities subject to contractual sale restrictions In June 2022, the FASB issued ASU 2022–03, ASC Subtopic 820 “Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions” ("ASU 2022–03"). According to ASU 2022-03, an entity should not consider the contractual sale restriction when measuring the equity security’s fair value and an entity is not allowed to recognize a contractual sale restriction as a separate unit of account. ASU 2022–03 is effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. KKR adopted this accounting standard effective January 1, 2024 and its adoption on a prospective basis did not have any material impact on KKR's consolidated financial statements. Accounting for Investments in Tax Credit Structures In March 2023, the FASB issued ASU 2023–02 "Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method" ("ASU 2023–02") to expand the population of investments in tax credit structures that may be eligible to apply the proportional amortization method (“PAM”), if certain criteria are met. The election to use the PAM can be made on a tax credit program-by-program basis. Under the new guidance, certain disclosures are required for investments in tax credit programs for which the PAM is elected. The guidance is effective for fiscal years beginning after December 15, 2023. KKR adopted this accounting standard effective January 1, 2024 and its adoption did not have any material impact on KKR's consolidated financial statements. Future application of accounting standards Improvements to Reportable Segment Disclosures In November 2023, the FASB issued ASU 2023–07 "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures" ("ASU 2023–07"). ASU 2023–07 intends to improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. This is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. KKR is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements and disclosures. Scope Application of Profits Interest and Similar Awards In March 2024, the FASB issued ASU 2024–01, Compensation—Stock Compensation (Topic 718): Scope Application of Profits Interest and Similar Awards (“ASU 2024–01”). ASU 2024–01 amends the guidance in Accounting Standard Codification 718 (“ASC 718”) by adding an illustrative example to demonstrate and clarify how to apply the scope guidance to determine whether profits interests and similar awards should be accounted for as a share-based payment arrangement under ASC 718 or another standard. ASU 2024–01 will be effective for KKR’s reporting period ended March 31, 2025. KKR is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements and disclosures. Improvements to Income Tax Disclosures In December 2023, the FASB issued ASU 2023–09 "Improvements to Income Tax Disclosures" ("ASU 2023–09"). ASU 2023–09 intends to enhance the transparency and decision usefulness of income tax disclosures, requiring disaggregated information about an entity’s effective tax rate reconciliation as well as income taxes paid. This is effective for fiscal years beginning after December 15, 2024. KKR is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements and disclosures.

REVENUES - ASSET MANAGEMENT AND

REVENUES - ASSET MANAGEMENT AND STRATEGIC HOLDINGS	6 Months Ended
	Jun. 30, 2024
Revenue from Contract with Customer [Abstract]
REVENUES - ASSET MANAGEMENT AND STRATEGIC HOLDINGS	REVENUES - ASSET MANAGEMENT AND STRATEGIC HOLDINGS For the three and six months ended June 30, 2024 and 2023, respectively, Asset Management and Strategic Holdings revenues consisted of the following: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Management Fees $ 470,076 $ 446,809 $ 956,830 $ 899,902 Fee Credits (83,456) (49,612) (177,502) (107,143) Transaction Fees 316,457 269,416 535,075 479,255 Monitoring Fees 43,313 34,796 92,280 64,649 Incentive Fees 27,203 12,158 33,829 18,571 Expense Reimbursements 27,168 16,840 35,261 32,384 Consulting Fees 21,563 24,040 40,077 43,845 Fees and Other 822,324 754,447 1,515,850 1,431,463 Carried Interest 640,322 540,615 1,785,250 883,685 General Partner Capital Interest 97,803 156,282 215,817 262,230 Total Capital Allocation-Based Income (Loss) 738,125 696,897 2,001,067 1,145,915 Total Revenues $ 1,560,449 $ 1,451,344 $ 3,516,917 $ 2,577,378

NET GAINS (LOSSES) FROM INVESTM

NET GAINS (LOSSES) FROM INVESTMENT ACTIVITIES - ASSET MANAGEMENT AND STRATEGIC HOLDINGS	6 Months Ended
	Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]
NET GAINS (LOSSES) FROM INVESTMENT ACTIVITIES - ASSET MANAGEMENT AND STRATEGIC HOLDINGS	NET GAINS (LOSSES) FROM INVESTMENT ACTIVITIES - ASSET MANAGEMENT AND STRATEGIC HOLDINGS Net Gains (Losses) from Investment Activities in the consolidated statements of operations consist primarily of the realized and unrealized gains and losses on investments (including foreign exchange gains and losses attributable to foreign denominated investments and related activities) and other financial instruments, including those for which the fair value option has been elected. Unrealized gains or losses result from changes in the fair value of these investments and other financial instruments during a period. Upon disposition of an investment or financial instrument, previously recognized unrealized gains or losses are reversed and an offsetting realized gain or loss is recognized in the current period. The following table summarizes total Net Gains (Losses) from Investment Activities: Three Months Ended June 30, 2024 Three Months Ended June 30, 2023 Net Realized Gains (Losses) Net Unrealized Gains (Losses) Total Net Realized Gains (Losses) Net Unrealized Gains (Losses) Total Private Equity (1) $ 37,556 $ 98,384 $ 135,940 $ (27,156) $ 507,346 $ 480,190 Credit (1) 10,864 (77,138) (66,274) (276,849) 316,985 40,136 Investments of Consolidated CFEs (1) (1,715) (89,021) (90,736) (44,865) 251,101 206,236 Real Assets (1) 58,512 110,136 168,648 51,620 (183,635) (132,015) Equity Method - Other (1) 101,086 55,650 156,736 18,817 233,278 252,095 Other Investments (1) (1,129) (85,041) (86,170) (210,136) 188,596 (21,540) Foreign Exchange Forward Contracts and Options (2) 22,699 67,212 89,911 61,106 (70,072) (8,966) Securities Sold Short (2) (9,580) 12,784 3,204 2,519 (5,669) (3,150) Other Derivatives (2) (7,584) 6,405 (1,179) 16,070 (8,419) 7,651 Debt Obligations and Other (3) 13,346 69,241 82,587 19,574 (270,126) (250,552) Net Gains (Losses) From Investment Activities $ 224,055 $ 168,612 $ 392,667 $ (389,300) $ 959,385 $ 570,085 Six Months Ended June 30, 2024 Six Months Ended June 30, 2023 Net Realized Gains (Losses) Net Unrealized Gains (Losses) Total Net Realized Gains (Losses) Net Unrealized Gains (Losses) Total Private Equity (1) $ 24,880 $ 446,825 $ 471,705 $ 171,925 $ 470,682 $ 642,607 Credit (1) 68,294 (158,589) (90,295) (299,812) 421,760 121,948 Investments of Consolidated CFEs (1) 3,290 7,952 11,242 (49,882) 568,982 519,100 Real Assets (1) (50,886) 4,913 (45,973) 61,054 (509,544) (448,490) Equity Method - Other (1) 203,989 143,190 347,179 58,036 262,783 320,819 Other Investments (1) (270,987) 260,437 (10,550) (322,799) 188,077 (134,722) Foreign Exchange Forward Contracts and Options (2) 57,838 215,415 273,253 2,471 (33,803) (31,332) Securities Sold Short (2) (16,749) 10,691 (6,058) (956) (3,428) (4,384) Other Derivatives (2) (7,497) 8,768 1,271 13,948 5,911 19,859 Debt Obligations and Other (3) 20,978 58,077 79,055 76,095 (670,824) (594,729) Net Gains (Losses) From Investment Activities $ 33,150 $ 997,679 $ 1,030,829 $ (289,920) $ 700,596 $ 410,676 (1) See Note 7 "Investments." (2) See Note 8 "Derivatives" and Note 14 "Other Assets and Accrued Expenses and Other Liabilities." (3)

NET INVESTMENT INCOME - INSURAN

NET INVESTMENT INCOME - INSURANCE	6 Months Ended
	Jun. 30, 2024
Investments, All Other Investments [Abstract]
NET INVESTMENT INCOME - INSURANCE	NET INVESTMENT INCOME - INSURANCE Net investment income for Global Atlantic is comprised primarily of interest income, including amortization of premiums and accretion of discounts, based on yields that change due to expectations in projected cash flows, dividend income from common and preferred stock, earnings from investments accounted for under equity method accounting, and lease income on other investments. The components of net investment income were as follows: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Fixed Maturity Securities – Interest and Other Income $ 1,417,627 $ 1,086,016 $ 2,744,637 $ 2,136,812 Mortgage and Other Loan Receivables 629,555 472,074 1,189,237 931,220 Investments in Transportation and Other Leased Assets 84,046 78,727 162,506 154,915 Investments in Renewable Energy 11,811 17,346 25,402 37,929 Investments in Real Estate 52,259 43,360 98,238 79,461 Short-term and Other Investment Income 124,920 54,678 292,251 132,294 Income Assumed from Funds Withheld Receivable at Interest 18,483 25,681 40,716 47,782 Policy Loans 19,577 8,424 44,080 18,701 Income Ceded to Funds Withheld Payable at Interest (586,365) (317,260) (1,106,364) (618,483) Gross Investment Income 1,771,913 1,469,046 3,490,703 2,920,631 Less Investment Expenses: Investment Management and Administration 115,233 80,137 232,322 165,478 Transportation, Renewable Energy and Real-estate Asset Depreciation and Maintenance 49,768 57,226 99,919 106,388 Interest Expense on Derivative Collateral and Repurchase Agreements 26,414 20,628 58,062 37,013 Net Investment Income $ 1,580,498 $ 1,311,055 $ 3,100,400 $ 2,611,752 Net investment-related losses from insurance operations primarily consists of (i) realized gains (losses) from the disposal of investments, (ii) unrealized gains (losses) from investments held for trading, equity securities, real estate investments accounted for under investment company accounting, and investments with fair value remeasurements recognized in earnings as a result of the election of a fair-value option, (iii) unrealized gains (losses) on funds withheld receivable and payable at interest, (iv) unrealized gains (losses) from derivatives (excluding certain derivatives designated as hedge accounting instruments), and (v) allowances for credit losses, and other impairments of investments. Net investment-related losses were as follows: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Realized Losses on Available-for-sale Fixed Maturity Debt Securities $ (74,466) $ (55,471) $ (102,623) $ (52,039) Credit Loss Allowances on Available-for-sale Securities (20,627) (30,622) 8,740 (106,940) Credit Loss Allowances on Mortgage and Other Loan Receivables (44,554) (30,580) (171,456) (94,691) Allowances on Unfunded Commitments 31,839 39,594 27,261 31,594 Impairment of Available-for-sale Fixed Maturity Debt Securities Due to Intent to Sell — — — (26,741) Unrealized (Losses) Gains on Fixed Maturity Securities Classified as Trading (485,257) (66,627) (584,836) 309,663 Unrealized Losses on Investments Recognized under the Fair-value Option and Equity Investments (34,961) (3,440) (77,168) (59,213) Unrealized (Losses) Gains on Real Estate Investments Recognized at Fair Value Under Investment Company Accounting (28,766) (43,371) (106,777) 19,821 Net Gains (Losses) on Derivative Instruments 324,818 78,244 425,786 (269,981) Realized Gains on Funds Withheld at Interest Payable Portfolio 46,018 3,632 70,305 7,612 Realized (Losses) Gains on Funds Withheld at Interest Receivable Portfolio (20,762) (12,020) (23,048) 5,713 Other Realized (Losses) Gains 4,098 3,111 (10,290) (6,181) Net Investment-Related Losses $ (302,620) $ (117,550) $ (544,106) $ (241,383) Allowance for credit losses Available-for-sale fixed maturity securities The table below presents a roll-forward of the allowance for credit losses recognized for fixed maturity securities held by Global Atlantic: Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Corporate Structured Total Corporate Structured Total Balance, as of Beginning of Period $ 28,919 $ 181,041 $ 209,960 $ 49,008 $ 219,704 $ 268,712 Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance 13,649 383 14,032 22,343 1,260 23,603 Accretion of Initial Credit Loss Allowance on PCD Securities — 152 152 — 315 315 Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance (180) (2,968) (3,148) (240) (8,827) (9,067) Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance 22,222 (15,627) 6,595 17,128 (49,471) (32,343) Balances Charged Off — (12,377) (12,377) (23,629) (12,377) (36,006) Balance, as of End of Period $ 64,610 $ 150,604 $ 215,214 $ 64,610 $ 150,604 $ 215,214 Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 Corporate Structured Total Corporate Structured Total Balance, as of beginning of period $ 1,449 $ 199,665 $ 201,114 $ 1,298 $ 127,034 $ 128,332 Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance 20,586 1,808 22,394 20,737 47,008 67,745 Accretion of Initial Credit Loss Allowance on PCD Securities — 336 336 — 687 687 Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance — (2,774) (2,774) — (6,661) (6,661) Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance 916 7,312 8,228 916 38,279 39,195 Balance, as of End of Period $ 22,951 $ 206,347 $ 229,298 $ 22,951 $ 206,347 $ 229,298 Mortgage and other loan receivables Changes in the allowance for credit losses on mortgage and other loan receivables held by Global Atlantic are summarized below: Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Balance, as of Beginning of Period $ 360,408 $ 101,424 $ 214,164 $ 675,996 $ 319,631 $ 107,204 $ 175,608 $ 602,443 Net Provision (Release) 30,184 (9,047) 23,417 44,554 87,340 (14,188) 98,304 171,456 Charge-offs (82,225) (2,143) (41,125) (125,493) (98,604) (2,782) (82,564) (183,950) Recoveries of Amounts Previously Charged-off — — 6,199 6,199 — — 11,307 11,307 Balance, as of End of Period $ 308,367 $ 90,234 $ 202,655 $ 601,256 $ 308,367 $ 90,234 $ 202,655 $ 601,256 Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Balance, as of Beginning of Period $ 247,426 $ 134,447 $ 207,227 $ 589,100 $ 227,315 $ 125,824 $ 207,089 $ 560,228 Net Provision (Release) 6,440 7,218 16,922 30,580 26,551 17,534 50,606 94,691 Charge-offs (14,000) (1,729) (34,576) (50,305) (14,000) (3,422) (69,948) (87,370) Recoveries of Amounts Previously Charged-off — — 8,674 8,674 — — 10,500 10,500 Balance, as of End of Period $ 239,866 $ 139,936 $ 198,247 $ 578,049 $ 239,866 $ 139,936 $ 198,247 $ 578,049 Proceeds and gross gains and losses from voluntary sales The proceeds from voluntary sales and the gross gains and losses on those sales of available-for-sale ("AFS") fixed maturity securities were as follows: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 AFS Fixed Maturity Securities: Proceeds from Voluntary Sales $ 6,960,180 $ 1,728,403 $ 8,959,469 $ 3,135,328 Gross Gains $ 35,365 $ 15,101 $ 43,724 $ 30,565 Gross Losses $ (102,469) $ (70,812) $ (119,013) $ (80,856) The following reflects the reconciliation of the components of insurance intangibles to the total balance reported in the consolidated statements of financial condition as of June 30, 2024 and December 31, 2023: June 30, December 31, 2024 2023 Deferred Acquisition Costs $ 1,376,170 $ 1,154,697 Value of Business Acquired 1,209,232 1,252,984 Cost-of-reinsurance Intangibles 2,319,281 2,043,143 Total Insurance Intangibles $ 4,904,683 $ 4,450,824 Deferred acquisition costs The following tables reflect the deferred acquisition costs roll-forward by product category for the six months ended June 30, 2024 and 2023: Six Months Ended June 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Other Total Balance, as of the Beginning of the Period $ 373,863 $ 481,970 $ 132,079 $ 166,785 $ 1,154,697 Capitalizations 131,448 158,733 4,510 32,484 327,175 Amortization Expense (50,770) (41,817) (4,388) (8,727) (105,702) Balance, as of the End of the Period $ 454,541 $ 598,886 $ 132,201 $ 190,542 $ 1,376,170 Six Months Ended June 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Other Total Balance, as of the Beginning of the Period $ 221,679 $ 367,813 $ 116,021 $ 115,457 $ 820,970 Capitalizations 79,572 88,945 16,396 34,544 219,457 Amortization Expense (29,119) (27,531) (3,270) (7,036) (66,956) Balance, as of the End of the Period $ 272,132 $ 429,227 $ 129,147 $ 142,965 $ 973,471 Value of business acquired The following tables reflect the value of business acquired, or “VOBA” asset roll-forward by product category for the six months ended June 30, 2024 and 2023: Six Months Ended June 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 44,922 $ 621,372 $ 262,942 $ 245,042 $ 78,706 $ 1,252,984 Amortization Expense (1,868) (21,302) (6,863) (10,333) (3,386) (43,752) Balance, as of the End of the Period $ 43,054 $ 600,070 $ 256,079 $ 234,709 $ 75,320 $ 1,209,232 Six Months Ended June 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 48,762 $ 663,296 $ 276,795 $ 241,778 $ 85,898 $ 1,316,529 Amortization Expense (1,937) (20,595) (6,785) (12,649) (3,669) (45,635) Balance, as of the End of the Period $ 46,825 $ 642,701 $ 270,010 $ 229,129 $ 82,229 $ 1,270,894 The following tables reflect the negative value of business acquired, or “negative VOBA” liability roll-forward by product category for the six months ended June 30, 2024 and 2023: Six Months Ended June 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 65,966 $ 106,538 $ 421,213 $ 91,295 $ 182,920 $ 867,932 Amortization Expense (12,567) (17,252) (13,909) (3,100) (6,755) (53,583) Balance, as of the End of the Period $ 53,399 $ 89,286 $ 407,304 $ 88,195 $ 176,165 $ 814,349 Six Months Ended June 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 98,342 $ 145,610 $ 461,592 $ 99,776 $ 198,804 $ 1,004,124 Amortization Expense (16,799) (19,828) (17,857) (4,801) (8,909) (68,194) Balance, as of the End of the Period $ 81,543 $ 125,782 $ 443,735 $ 94,975 $ 189,895 $ 935,930 Unearned revenue reserves and unearned front-end loads Six Months Ended June 30, 2024 2023 Preneed Balance, as of the Beginning of the Period $ 178,053 $ 118,186 Deferral 34,544 36,360 Amortized to Income during the Period (7,735) (5,341) Balance, as of the End of the Period $ 204,862 $ 149,205

NET INVESTMENT-RELATED GAINS (L

NET INVESTMENT-RELATED GAINS (LOSSES) - INSURANCE	6 Months Ended
	Jun. 30, 2024
Insurance [Abstract]
NET INVESTMENT-RELATED GAINS (LOSSES) - INSURANCE	NET INVESTMENT INCOME - INSURANCE Net investment income for Global Atlantic is comprised primarily of interest income, including amortization of premiums and accretion of discounts, based on yields that change due to expectations in projected cash flows, dividend income from common and preferred stock, earnings from investments accounted for under equity method accounting, and lease income on other investments. The components of net investment income were as follows: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Fixed Maturity Securities – Interest and Other Income $ 1,417,627 $ 1,086,016 $ 2,744,637 $ 2,136,812 Mortgage and Other Loan Receivables 629,555 472,074 1,189,237 931,220 Investments in Transportation and Other Leased Assets 84,046 78,727 162,506 154,915 Investments in Renewable Energy 11,811 17,346 25,402 37,929 Investments in Real Estate 52,259 43,360 98,238 79,461 Short-term and Other Investment Income 124,920 54,678 292,251 132,294 Income Assumed from Funds Withheld Receivable at Interest 18,483 25,681 40,716 47,782 Policy Loans 19,577 8,424 44,080 18,701 Income Ceded to Funds Withheld Payable at Interest (586,365) (317,260) (1,106,364) (618,483) Gross Investment Income 1,771,913 1,469,046 3,490,703 2,920,631 Less Investment Expenses: Investment Management and Administration 115,233 80,137 232,322 165,478 Transportation, Renewable Energy and Real-estate Asset Depreciation and Maintenance 49,768 57,226 99,919 106,388 Interest Expense on Derivative Collateral and Repurchase Agreements 26,414 20,628 58,062 37,013 Net Investment Income $ 1,580,498 $ 1,311,055 $ 3,100,400 $ 2,611,752 Net investment-related losses from insurance operations primarily consists of (i) realized gains (losses) from the disposal of investments, (ii) unrealized gains (losses) from investments held for trading, equity securities, real estate investments accounted for under investment company accounting, and investments with fair value remeasurements recognized in earnings as a result of the election of a fair-value option, (iii) unrealized gains (losses) on funds withheld receivable and payable at interest, (iv) unrealized gains (losses) from derivatives (excluding certain derivatives designated as hedge accounting instruments), and (v) allowances for credit losses, and other impairments of investments. Net investment-related losses were as follows: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Realized Losses on Available-for-sale Fixed Maturity Debt Securities $ (74,466) $ (55,471) $ (102,623) $ (52,039) Credit Loss Allowances on Available-for-sale Securities (20,627) (30,622) 8,740 (106,940) Credit Loss Allowances on Mortgage and Other Loan Receivables (44,554) (30,580) (171,456) (94,691) Allowances on Unfunded Commitments 31,839 39,594 27,261 31,594 Impairment of Available-for-sale Fixed Maturity Debt Securities Due to Intent to Sell — — — (26,741) Unrealized (Losses) Gains on Fixed Maturity Securities Classified as Trading (485,257) (66,627) (584,836) 309,663 Unrealized Losses on Investments Recognized under the Fair-value Option and Equity Investments (34,961) (3,440) (77,168) (59,213) Unrealized (Losses) Gains on Real Estate Investments Recognized at Fair Value Under Investment Company Accounting (28,766) (43,371) (106,777) 19,821 Net Gains (Losses) on Derivative Instruments 324,818 78,244 425,786 (269,981) Realized Gains on Funds Withheld at Interest Payable Portfolio 46,018 3,632 70,305 7,612 Realized (Losses) Gains on Funds Withheld at Interest Receivable Portfolio (20,762) (12,020) (23,048) 5,713 Other Realized (Losses) Gains 4,098 3,111 (10,290) (6,181) Net Investment-Related Losses $ (302,620) $ (117,550) $ (544,106) $ (241,383) Allowance for credit losses Available-for-sale fixed maturity securities The table below presents a roll-forward of the allowance for credit losses recognized for fixed maturity securities held by Global Atlantic: Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Corporate Structured Total Corporate Structured Total Balance, as of Beginning of Period $ 28,919 $ 181,041 $ 209,960 $ 49,008 $ 219,704 $ 268,712 Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance 13,649 383 14,032 22,343 1,260 23,603 Accretion of Initial Credit Loss Allowance on PCD Securities — 152 152 — 315 315 Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance (180) (2,968) (3,148) (240) (8,827) (9,067) Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance 22,222 (15,627) 6,595 17,128 (49,471) (32,343) Balances Charged Off — (12,377) (12,377) (23,629) (12,377) (36,006) Balance, as of End of Period $ 64,610 $ 150,604 $ 215,214 $ 64,610 $ 150,604 $ 215,214 Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 Corporate Structured Total Corporate Structured Total Balance, as of beginning of period $ 1,449 $ 199,665 $ 201,114 $ 1,298 $ 127,034 $ 128,332 Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance 20,586 1,808 22,394 20,737 47,008 67,745 Accretion of Initial Credit Loss Allowance on PCD Securities — 336 336 — 687 687 Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance — (2,774) (2,774) — (6,661) (6,661) Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance 916 7,312 8,228 916 38,279 39,195 Balance, as of End of Period $ 22,951 $ 206,347 $ 229,298 $ 22,951 $ 206,347 $ 229,298 Mortgage and other loan receivables Changes in the allowance for credit losses on mortgage and other loan receivables held by Global Atlantic are summarized below: Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Balance, as of Beginning of Period $ 360,408 $ 101,424 $ 214,164 $ 675,996 $ 319,631 $ 107,204 $ 175,608 $ 602,443 Net Provision (Release) 30,184 (9,047) 23,417 44,554 87,340 (14,188) 98,304 171,456 Charge-offs (82,225) (2,143) (41,125) (125,493) (98,604) (2,782) (82,564) (183,950) Recoveries of Amounts Previously Charged-off — — 6,199 6,199 — — 11,307 11,307 Balance, as of End of Period $ 308,367 $ 90,234 $ 202,655 $ 601,256 $ 308,367 $ 90,234 $ 202,655 $ 601,256 Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Balance, as of Beginning of Period $ 247,426 $ 134,447 $ 207,227 $ 589,100 $ 227,315 $ 125,824 $ 207,089 $ 560,228 Net Provision (Release) 6,440 7,218 16,922 30,580 26,551 17,534 50,606 94,691 Charge-offs (14,000) (1,729) (34,576) (50,305) (14,000) (3,422) (69,948) (87,370) Recoveries of Amounts Previously Charged-off — — 8,674 8,674 — — 10,500 10,500 Balance, as of End of Period $ 239,866 $ 139,936 $ 198,247 $ 578,049 $ 239,866 $ 139,936 $ 198,247 $ 578,049 Proceeds and gross gains and losses from voluntary sales The proceeds from voluntary sales and the gross gains and losses on those sales of available-for-sale ("AFS") fixed maturity securities were as follows: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 AFS Fixed Maturity Securities: Proceeds from Voluntary Sales $ 6,960,180 $ 1,728,403 $ 8,959,469 $ 3,135,328 Gross Gains $ 35,365 $ 15,101 $ 43,724 $ 30,565 Gross Losses $ (102,469) $ (70,812) $ (119,013) $ (80,856) The following reflects the reconciliation of the components of insurance intangibles to the total balance reported in the consolidated statements of financial condition as of June 30, 2024 and December 31, 2023: June 30, December 31, 2024 2023 Deferred Acquisition Costs $ 1,376,170 $ 1,154,697 Value of Business Acquired 1,209,232 1,252,984 Cost-of-reinsurance Intangibles 2,319,281 2,043,143 Total Insurance Intangibles $ 4,904,683 $ 4,450,824 Deferred acquisition costs The following tables reflect the deferred acquisition costs roll-forward by product category for the six months ended June 30, 2024 and 2023: Six Months Ended June 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Other Total Balance, as of the Beginning of the Period $ 373,863 $ 481,970 $ 132,079 $ 166,785 $ 1,154,697 Capitalizations 131,448 158,733 4,510 32,484 327,175 Amortization Expense (50,770) (41,817) (4,388) (8,727) (105,702) Balance, as of the End of the Period $ 454,541 $ 598,886 $ 132,201 $ 190,542 $ 1,376,170 Six Months Ended June 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Other Total Balance, as of the Beginning of the Period $ 221,679 $ 367,813 $ 116,021 $ 115,457 $ 820,970 Capitalizations 79,572 88,945 16,396 34,544 219,457 Amortization Expense (29,119) (27,531) (3,270) (7,036) (66,956) Balance, as of the End of the Period $ 272,132 $ 429,227 $ 129,147 $ 142,965 $ 973,471 Value of business acquired The following tables reflect the value of business acquired, or “VOBA” asset roll-forward by product category for the six months ended June 30, 2024 and 2023: Six Months Ended June 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 44,922 $ 621,372 $ 262,942 $ 245,042 $ 78,706 $ 1,252,984 Amortization Expense (1,868) (21,302) (6,863) (10,333) (3,386) (43,752) Balance, as of the End of the Period $ 43,054 $ 600,070 $ 256,079 $ 234,709 $ 75,320 $ 1,209,232 Six Months Ended June 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 48,762 $ 663,296 $ 276,795 $ 241,778 $ 85,898 $ 1,316,529 Amortization Expense (1,937) (20,595) (6,785) (12,649) (3,669) (45,635) Balance, as of the End of the Period $ 46,825 $ 642,701 $ 270,010 $ 229,129 $ 82,229 $ 1,270,894 The following tables reflect the negative value of business acquired, or “negative VOBA” liability roll-forward by product category for the six months ended June 30, 2024 and 2023: Six Months Ended June 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 65,966 $ 106,538 $ 421,213 $ 91,295 $ 182,920 $ 867,932 Amortization Expense (12,567) (17,252) (13,909) (3,100) (6,755) (53,583) Balance, as of the End of the Period $ 53,399 $ 89,286 $ 407,304 $ 88,195 $ 176,165 $ 814,349 Six Months Ended June 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 98,342 $ 145,610 $ 461,592 $ 99,776 $ 198,804 $ 1,004,124 Amortization Expense (16,799) (19,828) (17,857) (4,801) (8,909) (68,194) Balance, as of the End of the Period $ 81,543 $ 125,782 $ 443,735 $ 94,975 $ 189,895 $ 935,930 Unearned revenue reserves and unearned front-end loads Six Months Ended June 30, 2024 2023 Preneed Balance, as of the Beginning of the Period $ 178,053 $ 118,186 Deferral 34,544 36,360 Amortized to Income during the Period (7,735) (5,341) Balance, as of the End of the Period $ 204,862 $ 149,205

INVESTMENTS

INVESTMENTS	6 Months Ended
	Jun. 30, 2024
Investments [Abstract]
INVESTMENTS	INVESTMENTS Investments consist of the following: June 30, 2024 December 31, 2023 Asset Management and Strategic Holdings Private Equity $ 33,772,195 $ 32,742,484 Credit 7,925,996 8,274,904 Investments of Consolidated CFEs 24,890,663 24,996,298 Real Assets 13,245,951 12,000,008 Equity Method - Other 8,249,013 8,163,831 Equity Method - Capital Allocation-Based Income 9,241,215 7,877,904 Other Investments 4,721,953 4,579,372 Investments - Asset Management and Strategic Holdings $ 102,046,987 $ 98,634,801 Insurance Fixed Maturity Securities, Available-for-sale, at Fair Value (1) $ 73,822,837 $ 69,414,188 Mortgage and Other loan Receivables 46,820,112 39,177,927 Fixed Maturity Securities, Trading, at Fair Value (2) 24,851,300 18,805,470 Other Investments 13,755,206 9,683,326 Funds Withheld Receivable at Interest 2,621,913 2,713,645 Policy Loans 1,609,396 1,556,030 Equity Securities at Fair Value 21,497 19,737 Investments - Insurance $ 163,502,261 $ 141,370,323 Total Investments $ 265,549,248 $ 240,005,124 (1) Amortized cost of $83.8 billion and $78.7 billion, net of credit loss allowances of $215.2 million and $268.7 million, respectively. (2) Amortized cost of $27.1 billion and $20.5 billion, respectively. Trading fixed maturity securities are held to back funds withheld payable at interest. The investment performance on these investments is ceded to third-party reinsurers. As of June 30, 2024 and December 31, 2023, there were no investments which represented greater than 5% of total investments. Fixed maturity securities The cost or amortized cost and fair value for AFS fixed maturity securities were as follows: Cost or Amortized Cost Allowance for Credit Losses (1)(2) Gross Unrealized Fair Value As of June 30, 2024 Gains Losses AFS Fixed Maturity Securities Portfolio by Type: U.S. Government and Agencies $ 2,692,499 $ — $ 3,946 $ (103,068) $ 2,593,377 U.S. State, Municipal and Political Subdivisions 5,148,330 — 11,136 (1,023,745) 4,135,721 Corporate 46,812,242 (64,610) 95,151 (7,225,518) 39,617,265 Residential Mortgage-backed Securities, or “RMBS” 11,528,424 (107,667) 35,851 (744,752) 10,711,856 Commercial Mortgage-backed Securities, or “CMBS” 8,148,249 (22,643) 7,542 (543,926) 7,589,222 Collateralized Bond Obligations, or “CBOs” 2,804,013 (1,366) — (135,757) 2,666,890 CLOs 3,723,617 (9,175) 13,506 (37,703) 3,690,245 Asset-Backed Securities, or “ABSs” 2,939,066 (9,753) 18,222 (129,274) 2,818,261 Total AFS Fixed Maturity Securities $ 83,796,440 $ (215,214) $ 185,354 $ (9,943,743) $ 73,822,837 (1) Represents the cumulative amount of credit impairments that have been recognized in the consolidated statements of operations (as net investment (losses) gains) or that were recognized as a gross-up of the purchase price of PCD securities. Amount excludes unrealized losses related to non-credit impairment. (2) Includes credit loss allowances on purchase-credit deteriorated fixed-maturity securities of $(6.5) million. Cost or Amortized Cost Allowance for Credit Losses (1)(2) Gross Unrealized Fair Value As of December 31, 2023 Gains Losses AFS Fixed Maturity Securities Portfolio by Type: U.S. Government and Agencies $ 1,209,507 $ — $ 62,514 $ (68,929) $ 1,203,092 U.S. State, Municipal and Political Subdivisions 5,562,826 — 29,699 (985,133) 4,607,392 Corporate 46,378,337 (49,008) 211,570 (6,592,143) 39,948,756 RMBS 8,734,629 (152,067) 38,206 (674,550) 7,946,218 CMBS 7,491,743 (35,953) 4,195 (731,358) 6,728,627 CBOs 2,951,511 (1,214) — (143,818) 2,806,479 CLOs 3,493,731 (19,077) 6,483 (52,365) 3,428,772 ABSs 2,901,573 (11,393) 14,358 (159,686) 2,744,852 Total AFS Fixed Maturity Securities $ 78,723,857 $ (268,712) $ 367,025 $ (9,407,982) $ 69,414,188 (1) Represents the cumulative amount of credit impairments that have been recognized in the consolidated statements of operations (as net investment (losses) gains) or that were recognized as a gross-up of the purchase price of PCD securities. Amount excludes unrealized losses related to non-credit impairment. (2) Includes credit loss allowances on purchase-credit deteriorated fixed-maturity securities of $(12.8) million. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties, or Global Atlantic may have the right to put or sell the obligations back to the issuers. Structured securities are shown separately as they have periodic payments and are not due at a single maturity. The maturity distribution for AFS fixed maturity securities is as follows: As of June 30, 2024 Cost or Fair Value Due in One Year or Less $ 1,329,075 $ 1,305,155 Due After One Year Through Five Years 13,855,349 13,413,774 Due After Five Years Through Ten Years 7,331,464 6,820,971 Due After Ten Years 32,072,573 24,806,463 Subtotal 54,588,461 46,346,363 RMBS 11,420,757 10,711,856 CMBS 8,125,606 7,589,222 CBOs 2,802,647 2,666,890 CLOs 3,714,442 3,690,245 ABSs 2,929,313 2,818,261 Total AFS Fixed Maturity Securities $ 83,581,226 $ 73,822,837 Securities in a continuous unrealized loss position The following tables provide information about AFS fixed maturity securities that have been continuously in an unrealized loss position: Less Than 12 months 12 months or More Total As of June 30, 2024 Fair Unrealized Losses Fair Unrealized Losses Fair Unrealized Losses AFS Fixed Maturity Securities Portfolio by Type: U.S. Government and Agencies $ 1,952,172 $ (26,359) $ 253,096 $ (76,709) $ 2,205,268 $ (103,068) U.S. State, Municipal and Political Subdivisions 232,819 (2,375) 3,568,898 (1,021,370) 3,801,717 (1,023,745) Corporate 6,962,052 (235,497) 24,557,419 (6,990,021) 31,519,471 (7,225,518) RMBS 3,393,010 (96,345) 4,363,414 (648,407) 7,756,424 (744,752) CMBS 880,997 (5,984) 5,440,403 (537,942) 6,321,400 (543,926) CBOs 2,969 (167) 2,663,922 (135,590) 2,666,891 (135,757) CLOs 595,198 (1,264) 432,627 (36,439) 1,027,825 (37,703) ABSs 443,668 (6,475) 1,715,971 (122,799) 2,159,639 (129,274) Total AFS Fixed Maturity Securities in a Continuous Loss Position $ 14,462,885 $ (374,466) $ 42,995,750 $ (9,569,277) $ 57,458,635 $ (9,943,743) Less Than 12 months 12 months or More Total As of December 31, 2023 Fair Unrealized Losses Fair Unrealized Losses Fair Unrealized Losses AFS Fixed Maturity Securities Portfolio by Type: U.S. Government and Agencies $ 94,807 $ (2,512) $ 198,750 $ (66,417) $ 293,557 $ (68,929) U.S. State, Municipal and Political Subdivisions 112,468 (4,140) 3,829,447 (980,993) 3,941,915 (985,133) Corporate 4,360,234 (189,026) 27,108,292 (6,403,117) 31,468,526 (6,592,143) RMBS 1,371,230 (66,550) 4,354,902 (608,000) 5,726,132 (674,550) CMBS 332,095 (4,535) 6,031,766 (726,823) 6,363,861 (731,358) CBOs 1,867 (118) 2,804,612 (143,700) 2,806,479 (143,818) CLOs 246,728 (868) 1,679,813 (51,497) 1,926,541 (52,365) ABSs 553,438 (15,760) 1,742,373 (143,926) 2,295,811 (159,686) Total AFS Fixed Maturity Securities in a Continuous Loss Position $ 7,072,867 $ (283,509) $ 47,749,955 $ (9,124,473) $ 54,822,822 $ (9,407,982) Unrealized gains and losses can be created by changing interest rates or several other factors, including changing credit spreads. Global Atlantic had gross unrealized losses on below investment grade AFS fixed maturity securities of $667.8 million and $694.6 million as of June 30, 2024 and December 31, 2023, respectively. The single largest unrealized loss on AFS fixed maturity securities was $53.8 million and $53.4 million as of June 30, 2024 and December 31, 2023, respectively. Global Atlantic had 6,386 and 5,886 securities in an unrealized loss position as of June 30, 2024 and December 31, 2023, respectively. As of June 30, 2024, AFS fixed maturity securities in an unrealized loss position for 12 months or more consisted of 4,808 debt securities. These debt securities primarily relate to Corporate, RMBS, and U.S. state, municipal and political subdivisions fixed maturity securities, which have depressed values due primarily to an increase in interest rates since the purchase of these securities. Unrealized losses were not recognized in net income on these debt securities since Global Atlantic neither intends to sell the securities nor does it believe that it is more likely than not that it will be required to sell these securities before recovery of their cost or amortized cost basis. For securities with significant declines in value, individual security level analysis was performed utilizing underlying collateral default expectations, market data and industry analyst reports. Mortgage and other loan receivables Mortgage and other loan receivables consist of the following: June 30, 2024 December 31, 2023 Commercial Mortgage Loans (1) $ 23,388,168 $ 21,861,245 Residential Mortgage Loans (1) 18,048,717 12,722,778 Consumer Loans 4,548,750 4,424,882 Other Loan Receivables (2) 1,435,733 771,465 Total Mortgage and Other Loan Receivables 47,421,368 39,780,370 Allowance for Credit Losses (3) (601,256) (602,443) Total Mortgage and Other Loan Receivables, Net of Allowance for Credit Losses $ 46,820,112 $ 39,177,927 (1) Includes $603.2 million and $697.4 million of loans carried at fair value using the fair value option as of June 30, 2024 and December 31, 2023, respectively. The fair value option was elected for these loans for asset-liability matching purposes. These loans had unpaid principal balances of $683.7 million and $785.2 million as of June 30, 2024 and December 31, 2023, respectively. (2) As of June 30, 2024, other loan receivables consisted primarily of renewable energy development loans, warehouse facility loans backed by agricultural mortgages, loans collateralized by aircraft and loans collateralized by residential mortgages of $454.7 million, $427.0 million, $347.5 million and $200.0 million, respectively. As of December 31, 2023, other loan receivables consisted primarily of loans collateralized by aircraft and loans collateralized by residential mortgages of $315.4 million and $200.0 million, respectively. (3) Includes credit loss allowances on purchase-credit deteriorated mortgage and other loan receivables of $(74.2) million and $(91.7) million as of June 30, 2024 and December 31, 2023, respectively. The maturity distribution for residential and commercial mortgage loans was as follows as of June 30, 2024: Years Residential Commercial Total Mortgage Loans Remainder of 2024 $ 38,199 $ 1,397,343 $ 1,435,542 2025 13,554 4,172,761 4,186,315 2026 718,315 6,519,410 7,237,725 2027 705,246 4,778,327 5,483,573 2028 132,725 1,629,779 1,762,504 2029 12,568 1,058,119 1,070,687 Thereafter 16,428,110 3,832,429 20,260,539 Total $ 18,048,717 $ 23,388,168 $ 41,436,885 Actual maturities could differ from contractual maturities because borrowers may have the right to prepay (with or without prepayment penalties) and loans may be refinanced. Global Atlantic diversifies its mortgage loan portfolio by both geographic region and property type to reduce concentration risk. The following tables present the mortgage loans by geographic region and property type: Mortgage Loans – Carrying Value by Geographic Region June 30, 2024 December 31, 2023 Pacific $ 10,404,460 25.1 % $ 8,649,256 25.0 % West South Central 4,905,114 11.8 % 4,202,501 12.2 % South Atlantic 11,436,329 27.6 % 9,653,955 27.9 % Middle Atlantic 5,124,146 12.4 % 4,436,129 12.8 % East North Central 1,387,501 3.3 % 1,166,460 3.4 % Mountain 3,887,484 9.4 % 3,262,801 9.4 % New England 1,596,074 3.9 % 1,470,741 4.3 % East South Central 882,066 2.1 % 731,053 2.1 % West North Central 434,126 1.0 % 358,609 1.0 % Other regions 1,379,585 3.4 % 652,518 1.9 % Total by Geographic Region $ 41,436,885 100.0 % $ 34,584,023 100.0 % Mortgage Loans – Carrying Value by Property Type June 30, 2024 December 31, 2023 Residential $ 18,048,717 43.6 % $ 12,722,778 36.8 % Office Building 4,395,821 10.6 % 4,586,277 13.3 % Multi-family 11,681,149 28.2 % 11,495,638 33.2 % Industrial 5,667,852 13.7 % 4,415,819 12.8 % Retail 487,948 1.2 % 493,596 1.4 % Warehouse 341,488 0.8 % 291,116 0.8 % Other Property Types 813,910 1.9 % 578,799 1.7 % Total by Property Type $ 41,436,885 100.0 % $ 34,584,023 100.0 % As of June 30, 2024 and December 31, 2023, Global Atlantic had $392.1 million and $510.9 million of mortgage loans that were 90 days or more past due or are in the process of foreclosure, respectively, and have been classified as non-income producing (non-accrual status). Global Atlantic ceases accrual of interest on loans that are more than 90 days past due or are in the process of foreclosure and recognizes income as cash is received. Credit quality indicators Mortgage and loan receivable performance status The following table represents the portfolio of mortgage and loan receivables by origination year and performance status as of June 30, 2024 and December 31, 2023: By Year of Origination Performance Status as of June 30, 2024 2024 2023 2022 2021 2020 Prior Total Commercial Mortgage Loans Gross Charge-offs for the Six Months Ended June 30, 2024 $ — $ — $ — $ (43,298) $ (10,695) $ (44,611) $ (98,604) Current $ 1,853,348 $ 3,539,657 $ 6,408,684 $ 6,596,440 $ 622,724 $ 4,183,327 $ 23,204,180 30 to 59 Days Past Due — — — — — — — 60 to 89 Days Past Due — — — — — — — 90 days or More Past Due or in Process of Foreclosure — — — 138,573 — 45,415 183,988 Total Commercial Mortgage Loans $ 1,853,348 $ 3,539,657 $ 6,408,684 $ 6,735,013 $ 622,724 $ 4,228,742 $ 23,388,168 Residential Mortgage Loans Gross Charge-offs for the Six Months Ended June 30, 2024 $ (6) $ (7) $ (530) $ (1,403) $ (418) $ (418) $ (2,782) Current $ 3,950,152 $ 4,353,437 $ 1,958,298 $ 4,290,436 $ 1,336,736 $ 1,613,202 $ 17,502,261 30 to 59 Days Past Due 85,723 43,443 26,092 27,062 4,694 81,575 268,589 60 to 89 Days Past Due 1,141 11,112 7,786 19,770 1,203 28,739 69,751 90 days or More Past Due or in Process of Foreclosure — 12,460 21,473 50,993 7,767 115,423 208,116 Total Residential Mortgage Loans $ 4,037,016 $ 4,420,452 $ 2,013,649 $ 4,388,261 $ 1,350,400 $ 1,838,939 $ 18,048,717 Consumer Loans Gross Charge-offs for the Six Months Ended June 30, 2024 $ (62) $ (2,040) $ (12,021) $ (41,055) $ (11,436) $ (15,823) $ (82,437) Current $ 115,898 $ 481,349 $ 508,131 $ 1,556,029 $ 632,189 $ 1,155,580 $ 4,449,176 30 to 59 Days Past Due 140 1,953 3,973 25,195 3,344 14,789 49,394 60 to 89 Days Past Due 124 1,223 2,045 10,695 2,194 6,254 22,535 90 days or More Past Due or in Process of Foreclosure 35 1,480 3,683 10,909 2,716 8,822 27,645 Total Consumer Loans $ 116,197 $ 486,005 $ 517,832 $ 1,602,828 $ 640,443 $ 1,185,445 $ 4,548,750 Total Mortgage and Consumer Loan Receivables $ 6,006,561 $ 8,446,114 $ 8,940,165 $ 12,726,102 $ 2,613,567 $ 7,253,126 $ 45,985,635 By Year of Origination Performance Status as of December 31, 2023 2023 2022 2021 2020 2019 Prior Total Commercial Mortgage Loans Gross Charge-offs for the Year Ended December 31, 2023 $ — $ — $ — $ — $ (14,000) $ (7,616) $ (21,616) Current $ 3,600,652 $ 6,278,419 $ 6,633,293 $ 624,457 $ 1,395,717 $ 2,969,381 $ 21,501,919 30 to 59 Days Past Due — — — — — — — 60 to 89 Days Past Due — — — — — 79,635 79,635 90 days or More Past Due or in Process of Foreclosure — — 182,069 36,859 — 60,763 279,691 Total Commercial Mortgage Loans $ 3,600,652 $ 6,278,419 $ 6,815,362 $ 661,316 $ 1,395,717 $ 3,109,779 $ 21,861,245 Residential Mortgage Loans Gross Charge-offs for the Year Ended December 31, 2023 $ (6) $ (1,228) $ (2,244) $ (913) $ (1,412) $ (2,373) $ (8,176) Current $ 2,794,600 $ 1,981,373 $ 4,518,357 $ 1,358,200 $ 221,566 $ 1,365,231 $ 12,239,327 30 to 59 Days Past Due 43,432 22,291 37,082 3,554 5,461 84,079 195,899 60 to 89 Days Past Due 8,467 8,520 9,991 1,437 1,389 26,565 56,369 90 days or More Past Due or in Process of Foreclosure 2,518 19,326 72,753 12,048 9,265 115,273 231,183 Total Residential Mortgage Loans $ 2,849,017 $ 2,031,510 $ 4,638,183 $ 1,375,239 $ 237,681 $ 1,591,148 $ 12,722,778 Consumer Loans Gross Charge-offs for the Year Ended December 31, 2023 $ (185) $ (18,117) $ (83,147) $ (23,273) $ (15,740) $ (19,783) $ (160,245) Current $ 109,393 $ 497,113 $ 1,726,280 $ 701,655 $ 610,988 $ 656,270 $ 4,301,699 30 to 59 Days Past Due 1,707 4,229 28,966 5,082 4,497 12,686 57,167 60 to 89 Days Past Due 1,193 2,548 14,872 3,298 2,561 6,756 31,228 90 days or More Past Due or in Process of Foreclosure 2,597 3,991 13,461 4,281 3,907 6,551 34,788 Total Consumer Loans $ 114,890 $ 507,881 $ 1,783,579 $ 714,316 $ 621,953 $ 682,263 $ 4,424,882 Total Mortgage and Consumer Loan Receivables $ 6,564,559 $ 8,817,810 $ 13,237,124 $ 2,750,871 $ 2,255,351 $ 5,383,190 $ 39,008,905 Loan-to-value ratio on mortgage loans The loan-to-value ratio is expressed as a percentage of the current amount of the loan relative to the value of the underlying collateral. The following table summarizes Global Atlantic's loan-to-value ratios for its commercial mortgage loans as of June 30, 2024 and December 31, 2023: Loan-to-value as of June 30, 2024, by Year of Origination Carrying Value Loan-to-value 70% and Less Carrying Value Loan-to-value 71% - 90% Carrying Value Loan-to-value Over 90% Total Carrying Value 2024 $ 1,853,348 $ — $ — $ 1,853,348 2023 3,539,657 — — 3,539,657 2022 6,042,790 365,894 — 6,408,684 2021 4,864,697 1,552,069 318,247 6,735,013 2020 495,159 92,375 35,190 622,724 2019 1,249,252 54,831 38,589 1,342,672 Prior 2,730,291 53,666 102,113 2,886,070 Total Commercial Mortgage Loans $ 20,775,194 $ 2,118,835 $ 494,139 $ 23,388,168 Loan-to-value as of December 31, 2023, by Year of Origination Carrying Value Loan-to-value 70% and Less Carrying Value Loan-to-value 71% - 90% Carrying Value Loan-to-value Over 90% Total Carrying Value 2023 $ 3,600,652 $ — $ — $ 3,600,652 2022 5,912,623 365,796 — 6,278,419 2021 5,110,011 1,483,763 221,588 6,815,362 2020 496,085 93,210 72,021 661,316 2019 1,257,983 93,661 44,073 1,395,717 2018 881,620 52,640 114,989 1,049,249 Prior 1,991,780 — 68,750 2,060,530 Total Commercial Mortgage Loans $ 19,250,754 $ 2,089,070 $ 521,421 $ 21,861,245 Changing economic conditions and updated assumptions affect Global Atlantic's assessment of the collectibility of commercial mortgage loans. Changing vacancies and rents are incorporated into the analysis that Global Atlantic performs to measure the allowance for credit losses. In addition, Global Atlantic continuously monitors its commercial mortgage loan portfolio to identify risk. Areas of emphasis are properties that have exposure to specific geographic events or have deteriorating credit. The weighted average loan-to-value ratio for Global Atlantic's residential mortgage loans was 63% as of both June 30, 2024 and December 31, 2023. Loan modifications Global Atlantic may modify the terms of a loan when the borrower is experiencing financial difficulties, as a means to optimize recovery of amounts due on the loan. Modifications may involve temporary relief, such as payment forbearance for a short period time (where interest continues to accrue) or may involve more substantive changes to a loan. Changes to the terms of a loan, pursuant to a modification agreement, are factored into the analysis of the loan’s expected credit losses, under the allowance model applicable to the loan. For commercial mortgage loans, modifications for borrowers experiencing financial difficulty are tailored for individual loans and may include interest rate relief, maturity extensions or, less frequently, principal forgiveness. For both residential mortgage loans and consumer loans, the most common modifications for borrowers experiencing financial difficulty, aside from insignificant delays in payment, typically involve deferral of missed payments to the end of the loan term, interest rate relief, or maturity extensions. The tables below present the carrying value of loans to borrowers experiencing financial difficulty, for which modifications have been granted during the six months ended June 30, 2024 and 2023: Six Months Ended June 30, 2024 by Loan Type Deferral of Amounts Due Interest Rate Relief Maturity Extension Combination (1) Total Percentage of Total Carrying Value Outstanding Commercial Mortgage Loans $ — $ — $ — $ 221,089 $ 221,089 0.95 % Residential Mortgage Loans (2) 3,291 — 148 8,227 11,666 0.06 % Consumer Loans 1,607 667 20,329 24,207 46,810 1.03 % Total $ 4,898 $ 667 $ 20,477 $ 253,523 $ 279,565 (1) Includes modifications involving a combination of deferral of amounts due, interest rate relief, or maturity extension. (2) Certain loans that were modified in the prior quarter have since been repaid in full. Six Months Ended June 30, 2023 by Loan Type Deferral of Amounts Due Interest Rate Relief Maturity Extension Combination (1) Total Percentage of Total Carrying Value Outstanding Commercial Mortgage Loans $ — $ — $ — $ 198,371 $ 198,371 1.01 % Residential Mortgage Loans (2) 1,090 1,201 29,493 2,292 34,076 0.30 % Consumer Loans 4,266 1,395 44,074 9,513 59,248 1.23 % Total $ 5,356 $ 2,596 $ 73,567 $ 210,176 $ 291,695 (1) Includes modifications involving a combination of deferral of amounts due, interest rate relief, or maturity extension. (2) Certain loans that were modified in the prior quarter have since been repaid in full. All of the commercial mortgage loans that had a combination of modifications had both interest rate relief and maturity extensions. For these loans, the interest rate relief generally involved either a change from a floating rate or a decrease in fixed rate to a weighted average rate of 4.7% and 4.0%, for the six months ended June 30, 2024 and 2023, respectively. The maturity extensions for these loans added a weighted-average of 3.7 years and 2.5 years to the life of the loans, for the six months ended June 30, 2024 and 2023, respectively. As of June 30, 2024, Global Atlantic has commitments to lend additional funds of $9.3 million for the modified commercial mortgage loans disclosed above. The table below presents the performance status of the loans modified during the twelve months ended June 30, 2024: Performance Status as of June 30, 2024 by Loan Type Current 30-59 Days Past Due 60-89 Days Past Due 90 days or More Past Due or in Process of Foreclosure Total Commercial Mortgage Loans $ 531,915 $ — $ — $ — $ 531,915 Residential Mortgage Loans 11,149 1,935 308 4,354 17,746 Consumer Loans 59,958 10,178 3,964 3,006 77,106 Total (1) $ 603,022 $ 12,113 $ 4,272 $ 7,360 $ 626,767 (1) Loans may have been modified more than once during the twelve months period; in this circumstance, the loan is only included once in this table. In addition, certain loans that were modified in prior quarters have since been repaid in full. Other investments Other investments consist of the following: June 30, 2024 December 31, 2023 Investments in Real Estate (1) $ 7,172,981 $ 4,778,431 Investments in Renewable Energy (2) 1,349,150 1,348,080 Investments in Transportation and Other Leased Assets (3) 3,033,344 2,972,469 Other Investment Funds and Partnerships 1,812,143 179,469 Federal Home Loan Bank (FHLB), Common Stock and Other Investments 387,588 404,877 Total Other Investments $ 13,755,206 $ 9,683,326 (1) Primarily comprised of investments in real estate that are held in consolidated investment companies that use fair value accounting. (2) Net of accumulated depreciation attributed to consolidated renewable energy assets of $172.8 million and $154.1 million as of June 30, 2024 and December 31, 2023, respectively. (3) Net of accumulated depreciation of $371.8 million and $313.6 million as of June 30, 2024 and December 31, 2023, respectively. The total amount of other investments accounted for using the equity method of accounting was $1.5 billion and $143.3 million as of June 30, 2024 and December 31, 2023, respectively. Global Atlantic's maximum exposure to loss related to these equity method investments is limited to the carrying value of these investments plus unfunded commitments of $194.8 million and $19.7 million as of June 30, 2024 and December 31, 2023, respectively. In addition, Global Atlantic has investments that would otherwise require the equity method of accounting for which the fair value option has been elected. The carrying amount of these investments was $474.5 million and $175.3 million as of June 30, 2024 and December 31, 2023, respectively. Repurchase agreement transactions As of June 30, 2024 and December 31, 2023, Global Atlantic participated in repurchase agreements with a notional value of $565.0 million and $1.4 billion, respectively. As collateral for these transactions, Global Atlantic typically posts AFS fixed maturity securities and residential mortgage loans, which are included in Insurance - Investments in the consolidated statements of financial condition. The gross obligation for repurchase agreements is reported in other liabilities in the consolidated statements of financial condition. The carrying value of assets pledged for repurchase agreements by type of collateral and remaining contractual maturity of the repurchase agreements as of June 30, 2024 and December 31, 2023 is presented in the following tables: As of June 30, 2024 Overnight <30 Days 30 - 90 Days > 90 Days Total AFS Corporate Securities $ — $ 516,929 $ — $ — $ 516,929 Residential Mortgage Loans — 2,608 34,040 34,830 71,478 Total Assets Pledged $ — $ 519,537 $ 34,040 $ 34,830 $ 588,407 As of December 31, 2023 Overnight <30 Days 30 - 90 Days > 90 Days Total AFS Corporate Securities $ — $ — $ 524,411 $ 849,368 $ 1,373,779 Residential Mortgage Loans — 39,289 — — 39,289 Total Assets Pledged $ — $ 39,289 $ 524,411 $ 849,368 $ 1,413,068 Other pledges and restrictions Certain Global Atlantic subsidiaries are members of regional banks in the FHLB system and such membership requires the members to own stock in these FHLBs. Global Atlantic owns an aggregate of $129.1 million and $131.7 million (accounted for at cost basis) of stock in FHLBs as of June 30, 2024 and December 31, 2023, respectively. In addition, Global Atlantic insurance company subsidiaries have entered into funding agreements with the FHLB, which require that Global Atlantic pledge eligible assets, such as fixed maturity securities and mortgage loans, as collateral. Assets pledged as collateral for these funding agreements had a carrying value of $3.9 billion and $3.6 billion as of June 30, 2024 and December 31, 2023, respectively. The capital stock of one of Global Atlantic’s equity method investments has been pledged as collateral security for the due payment and performance of the debt obligations of the investee. Global Atlantic’s investment subject to this pledge had a carrying value of $710.3 million as of June 30, 2024. Insurance – statutory deposits As of June 30, 2024 and December 31, 2023, the carrying value of the assets on deposit with various state and U.S. governmental authorities were $142.4 million and $148.5 million, respectively.

DERIVATIVES

DERIVATIVES	6 Months Ended
	Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVES	DERIVATIVES Asset Management and Strategic Holdings KKR and certain of its consolidated funds have entered into derivative transactions as part of its overall risk management for its investment strategies. These derivative contracts are not designated as hedging instruments for accounting purposes. Such contracts may include forward, swap and option contracts related to foreign currencies and interest rates to manage foreign exchange risk and interest rate risk arising from certain assets and liabilities. All derivatives are recognized in Other Assets or Accrued Expenses and Other Liabilities and are presented on a gross basis in the consolidated statements of financial condition and measured at fair value with changes in fair value recorded in Net Gains (Losses) from Investment Activities in the accompanying consolidated statements of operations. KKR's derivative financial instruments contain credit risk to the extent that its counterparties may be unable to meet the terms of the agreements. KKR attempts to reduce this risk by limiting its counterparties to major financial institutions with strong credit ratings. Insurance Global Atlantic holds derivative instruments that are primarily used in its hedge program. Global Atlantic has established a hedge program that seeks to mitigate economic impacts primarily from interest rate and equity price movements, while taking into consideration accounting and capital impacts. Global Atlantic hedges interest rate and equity market risks associated with its insurance liabilities including fixed-indexed annuities, indexed universal life policies, variable annuity policies and variable universal life policies, among others. For fixed-indexed annuities and indexed universal life policies, Global Atlantic generally seeks to use static hedges to offset the exposure primarily created by changes in its embedded derivative balances. Global Atlantic generally purchases options which replicate the crediting rate strategies, often in the form of call spreads. Call spreads are the purchase of a call option matched by the sale of a different call option. For variable annuities and variable universal life policies, Global Atlantic generally seeks to dynamically hedge its exposure to changes in the value of the guarantee it provides to policyholders. Doing so requires the active trading of several financial instruments to respond to changes in market conditions. In addition, Global Atlantic enters into inflation swaps to manage inflation risk associated with inflation-indexed preneed policies. In the context of specific reinsurance transactions in the institutional channel or acquisitions, Global Atlantic may also enter into hedges which are designed to limit short-term market risks to the economic value of the target assets. From time to time, Global Atlantic also enters into hedges designed to mitigate interest rate and credit risk in investment income, interest expense, and fair value of assets and liabilities. In addition, Global Atlantic enters into currency swaps and forwards to manage any foreign exchange rate risks that may arise from investments denominated in foreign currencies. Global Atlantic attempts to mitigate the risk of loss due to ineffectiveness under these derivative investments through a regular monitoring process which evaluates the program’s effectiveness. Global Atlantic monitors its derivative activities by reviewing portfolio activities and risk levels. Global Atlantic also oversees all derivative transactions to ensure that the types of transactions entered into and the results obtained from those transactions are consistent with both Global Atlantic's risk management strategy and its policies and procedures. The restricted cash which was held in connection with open derivative transactions with exchange brokers was $175.2 million and $133.0 million as of June 30, 2024 and December 31, 2023, respectively. Global Atlantic also has embedded derivatives related to reinsurance contracts that are accounted for on a modified coinsurance and funds withheld basis. An embedded derivative exists because the arrangement exposes the reinsurer to third-party credit risk. These embedded derivatives are included in funds withheld receivable and payable at interest in the consolidated statements of financial condition. Credit Risk Global Atlantic may be exposed to credit-related losses in the event of nonperformance by its counterparties to derivatives. Generally, the current credit exposure of Global Atlantic’s derivatives is limited to the positive fair value of derivatives less any collateral received from the counterparty. Global Atlantic manages the credit risk on its derivatives by entering into derivative transactions with highly rated financial institutions and other creditworthy counterparties and, where feasible, by trading through central clearing counterparties. Global Atlantic further manages its credit risk on derivatives via the use of master netting agreements, which require the daily posting of collateral by the party in a liability position. Counterparty credit exposure and collateral values are monitored regularly and measured against counterparty exposure limits. The provisions of derivative transactions may allow for the termination and settlement of a transaction if there is a downgrade to Global Atlantic’s financial strength ratings below a specified level. The fair value and notional value of the derivative assets and liabilities were as follows: As of June 30, 2024 Notional Derivative Derivative Asset Management and Strategic Holdings Foreign Exchange Contracts and Options $ 17,586,779 $ 274,943 $ 226,240 Other Derivatives 986,064 9,119 70 Total Asset Management and Strategic Holdings $ 18,572,843 $ 284,062 $ 226,310 Insurance Derivatives Designated as Hedge Accounting Instruments: Interest Rate Contracts $ 9,455,742 $ 4,841 $ 411,093 Foreign Currency Contracts 2,414,567 28,133 24,903 Total Derivatives Designated as Hedge Accounting Instruments $ 11,870,309 $ 32,974 $ 435,996 Derivatives Not Designated as Hedge Accounting Instruments: Interest Rate Contracts $ 28,197,299 $ 153,008 $ 352,870 Equity Market Contracts 35,972,616 1,819,500 185,033 Foreign Currency Contracts 2,536,288 68,301 60,284 Other Contracts 61,087 — 3,298 Total Derivatives Not Designated as Hedge Accounting Instruments $ 66,767,290 $ 2,040,809 $ 601,485 Impact of Netting (2) — (2,042,776) (733,319) Total Insurance (1) $ 78,637,599 $ 31,007 $ 304,162 Fair Value Included Within Total Assets and Liabilities $ 97,210,442 $ 315,069 $ 530,472 (1) Excludes embedded derivatives. The fair value of these embedded derivatives related to assets was $114.3 million and the fair value of these embedded derivatives related to liabilities was $2.1 billion as of June 30, 2024. (2) Represents netting of derivative exposures covered by qualifying master netting agreements. As of December 31, 2023 Notional Derivative Derivative Asset Management and Strategic Holdings Foreign Exchange Contracts and Options $ 15,771,463 $ 264,621 $ 441,608 Other Derivatives 374,604 4,792 2,382 Total Asset Management and Strategic Holdings $ 16,146,067 $ 269,413 $ 443,990 Insurance Derivatives Designated as Hedge Accounting Instruments: Interest Rate Contracts $ 7,320,500 $ — $ 372,212 Foreign Currency Contracts 2,302,335 24,278 73,478 Total Derivatives Designated as Hedge Accounting Instruments $ 9,622,835 $ 24,278 $ 445,690 Derivatives Not Designated as Hedge Accounting Instruments: Interest Rate Contracts $ 22,259,423 $ 284,067 $ 306,244 Equity Market Contracts 35,203,206 1,480,875 248,127 Foreign Currency Contracts 1,331,345 65,803 56,616 Other Contracts 60,000 — 600 Total Derivatives Not Designated as Hedge Accounting Instruments $ 58,853,974 $ 1,830,745 $ 611,587 Impact of Netting (2) — (1,809,329) (911,080) Total Insurance (1) $ 68,476,809 $ 45,694 $ 146,197 Fair Value Included Within Total Assets and Liabilities $ 84,622,876 $ 315,107 $ 590,187 (1) Excludes embedded derivatives. The fair value of these embedded derivatives related to assets was $88.7 million and the fair value of these embedded derivatives related to liabilities was $1.6 billion as of December 31, 2023. (2) Represents netting of derivative exposures covered by qualifying master netting agreements. Derivatives designated as accounting hedges Where Global Atlantic has derivative instruments that are designated and qualify as accounting hedges, these derivative instruments receive hedge accounting. Fair value hedges Global Atlantic has designated foreign exchange ("FX") derivative contracts, including forwards and swaps, to hedge the foreign currency risk associated with foreign currency-denominated bonds in fair value hedges. These foreign currency-denominated bonds are accounted for as AFS fixed maturity securities. Changes in the fair value of the hedged AFS fixed maturity securities due to changes in spot exchange rates are reclassified from AOCI to earnings, which offsets the earnings impact of the spot changes of the FX derivative contracts, both of which are recognized within investment-related (losses) gains. The effectiveness of these hedges is assessed using the spot method. Changes in the fair value of the FX derivative contracts related to changes in the spot-forward difference are excluded from the assessment of hedge effectiveness and are deferred in AOCI and recognized in earnings using a systematic and rational method over the life of the FX derivative contracts. Global Atlantic has designated interest rate swaps to hedge the interest rate risk associated with certain debt and policy liabilities. These fair value hedges qualify for the shortcut method of assessing hedge effectiveness. The following table presents the financial statement classification, carrying amount and cumulative fair value hedging adjustments for qualifying hedged assets and liabilities: As of June 30, 2024 As of December 31, 2023 Carrying Amount of Hedged Assets/(Liabilities) Cumulative Amount of Fair Value Hedging Adjustments Included in the Carrying Amount of Hedged Assets/(Liabilities) (1) Carrying Amount of Hedged Assets/(Liabilities) Cumulative Amount of Fair Value Hedging Adjustments Included in the Carrying Amount of Hedged Assets/(Liabilities) (1) AFS Fixed Maturity Securities (2) $ 2,100,627 $ (54,690) $ 2,324,364 $ 80,210 Debt (2,296,510) (214,778) (1,608,294) (165,817) Policy Liabilities (4,137,823) (251,943) (4,380,048) (255,308) (1) Includes $19.6 million and $27.8 million of hedging adjustments on discontinued hedging relationships as of June 30, 2024 and December 31, 2023 , respectively. (2) Carrying amount is the amortized cost for AFS debt securities. Cash flow hedges Global Atlantic has designated bond forwards to hedge the interest rate risk associated with the planned purchase of AFS debt securities in cash flow hedges. These arrangements are hedging purchases through December 2027 and are expected to affect earnings until 2053. Regression analysis is used to assess the effectiveness of these hedges. As of June 30, 2024 and December 31, 2023, there was a cumulative loss of $(180.4) million and $(126.9) million, respectively, on the currently designated bond forwards recorded in accumulated other comprehensive loss. Amounts deferred in accumulated other comprehensive loss are reclassified to net investment income following the qualifying purchases of AFS securities, as an adjustment to the yield earned over the life of the purchased securities, using the effective interest method. Global Atlantic has designated interest rate swaps to hedge the interest rate risk associated with floating rate investments, including AFS fixed maturity securities and commercial mortgage loans. Regression analysis is used to assess the effectiveness of these hedges. As of June 30, 2024, there was a cumulative gain (loss) of $3.7 million on the currently designated interest rate swaps recorded in accumulated other comprehensive loss. Amounts deferred in accumulated other comprehensive loss are reclassified to net investment income in the same period during which the hedged investments affect earnings. For all cash flow hedges, Global Atlantic estimates that the amount of gains/losses in accumulated other comprehensive loss to be reclassified into earnings in the next 12 months will not be material. Net investment hedges Global Atlantic has designated cross currency swaps to hedge the foreign currency risk associated with foreign currency-denominated equity method investments in net investment hedges. The effectiveness of these hedges is assessed based on changes in spot rates. Changes in the fair value of the swaps are recognized in other comprehensive income, consistent with the translation adjustment for the hedged investment. The component comprising the difference between forward rates and spot rates is amortized to net investment income over the life of the swaps. As of June 30, 2024, the cumulative foreign currency translation gain (loss) recorded in accumulated other comprehensive income related to net investment hedges was $(9.3) million. Derivative results The following table presents the financial statement classification and amount of gains (losses) recognized on derivative instruments and related hedged items, where applicable: Three Months Ended June 30, 2024 Net Gains (Losses) from Investment Activities Net Investment-Related Gains (Losses) Net Investment Income Net Policy Benefits and Claims Interest Expense Change in AOCI Derivatives Designated as Hedge Accounting Instruments: Fair Value Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments: Interest Rate Contracts $ — $ — $ — $ (20,068) $ (29,508) $ — Foreign Currency Contracts — 7,444 1,013 — — (1,728) Total Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ 7,444 $ 1,013 $ (20,068) $ (29,508) $ (1,728) Gains (Losses) on Hedged Items: Interest Rate Contracts $ — $ — $ — $ 20,068 $ 29,508 $ — Foreign Currency Contracts — (9,574) — — — — Total Gains (Losses) on Hedged Items $ — $ (9,574) $ — $ 20,068 $ 29,508 $ — Amortization for Gains (Losses) Excluded from Assessment of Effectiveness: Foreign Currency Contracts $ — $ 6,333 $ — $ — $ — $ — Total Amortization for Gains (Losses) Excluded from Assessment of Effectiveness — 6,333 — — — — Total Gains (Losses) on Fair Value Hedges, Net of Hedged Items $ — $ 4,203 $ 1,013 $ — $ — $ (1,728) Cash Flow Hedges Interest Rate Contracts $ — $ (887) $ (875) $ — $ — $ (18,466) Total Gains (Losses) on Cash Flow Hedges $ — $ (887) $ (875) $ — $ — $ (18,466) Net Investment Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ 106 $ — $ — $ — $ (9,253) Total Gains (Losses) on Net Investment Hedges $ — $ 106 $ — $ — $ — $ (9,253) Derivatives Not Designated as Hedge Accounting Instruments: Asset Management and Strategic Holdings Foreign Exchange Contracts and Options $ 89,911 $ — $ — $ — $ — $ — Other Derivatives (1,179) — — — — — Total included in Net Gains (Losses) from Investment Activities $ 88,732 $ — $ — $ — $ — $ — Insurance Embedded Derivatives - Funds Withheld Receivable $ — $ 274 $ — $ — $ — $ — Embedded Derivatives - Funds Withheld Payable — 357,732 — — — — Equity Index Options — 91,329 — — — — Equity Future Contracts — (7,370) — — — — Interest Rate Contracts — (117,718) — — — — Foreign Exchange and Other Derivative Contracts — (2,851) — — — — Total Gains (Losses) on Derivatives Not Designated as Hedge Accounting Instruments from Insurance Activities $ — $ 321,396 $ — $ — $ — $ — Total $ 88,732 $ 324,818 $ 138 $ — $ — $ (29,447) Six Months Ended June 30, 2024 Net Gains (Losses) from Investment Activities Net Investment-Related Gains (Losses) Net Investment Income Net Policy Benefits and Claims Interest Expense Change in AOCI Derivatives Designated as Hedge Accounting Instruments: Fair Value Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments: Interest Rate Contracts $ — $ — $ — $ (83,763) $ (82,203) $ — Foreign Currency Contracts — 56,985 1,995 — — (6,418) Total Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ 56,985 $ 1,995 $ (83,763) $ (82,203) $ (6,418) Gains (Losses) on Hedged Items: Interest Rate Contracts $ — $ — $ — $ 83,763 $ 82,203 $ — Foreign Currency Contracts — (54,690) — — — — Total Gains (Losses) on Hedged Items $ — $ (54,690) $ — $ 83,763 $ 82,203 $ — Amortization for Gains (Losses) Excluded from Assessment of Effectiveness: Foreign Currency Contracts $ — $ 12,714 $ — $ — $ — $ — Total Amortization for Gains (Losses) Excluded from Assessment of Effectiveness — $ 12,714 $ — $ — $ — $ — Total Gains (Losses) on Fair Value Hedges, Net of Hedged Items $ — $ 15,009 $ 1,995 $ — $ — $ (6,418) Cash Flow Hedges Interest Rate Contracts $ — $ (887) $ (1,720) $ — $ — $ (49,754) Total Gains (Losses) on Cash Flow Hedges $ — $ (887) $ (1,720) $ — $ — $ (49,754) Net Investment Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ 106 $ — $ — $ — $ (9,253) Total Gains (Losses) on Net Investment Hedges $ — $ 106 $ — $ — $ — $ (9,253) Derivatives Not Designated as Hedge Accounting Instruments: Asset Management and Strategic Holdings Foreign Exchange Contracts and Options 273,253 $ — $ — $ — $ — $ — Other Derivatives 1,271 — — — — — Total included in Net Gains (Losses) from Investment Activities $ 274,524 $ — $ — $ — $ — $ — Insurance Embedded Derivatives - Funds Withheld Receivable $ — $ 25,604 $ — $ — $ — $ — Embedded Derivatives - Funds Withheld Payable — 453,173 — — — — Equity Index Options — 348,432 — — — — Equity Future Contracts — (70,886) — — — — Interest Rate Contracts — (367,013) — — — — Foreign Exchange and Other Derivative Contracts — 22,248 — — — — Total Gains (Losses) on Derivatives Not Designated as Hedge Accounting Instruments from Insurance Activities $ — $ 411,558 $ — $ — $ — $ — Total $ 274,524 $ 425,786 $ 275 $ — $ — $ (65,425) Three Months Ended June 30, 2023 Net Gains (Losses) from Investment Activities Net Investment-Related Gains (Losses) Net Investment Income Net Policy Benefits and Claims Interest Expense Change in AOCI Derivatives Designated as Hedge Accounting Instruments: Fair Value Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments: Interest Rate Contracts $ — $ — $ — $ (85,895) $ (40,492) $ — Foreign Currency Contracts — (19,512) — — — (6,397) Total Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ (19,512) $ — $ (85,895) $ (40,492) $ (6,397) Gains (Losses) on Hedged Items: Interest Rate Contracts $ — $ — $ — $ 85,895 $ 40,492 $ — Foreign Currency Contracts — 26,413 — — — — Total Gains (Losses) on Hedged Items $ — $ 26,413 $ — $ 85,895 $ 40,492 $ — Amortization for Gains (Losses) Excluded from Assessment of Effectiveness: Foreign Currency Contracts $ — $ 7,229 $ — $ — $ — $ — Total Amortization for Gains (Losses) Excluded from Assessment of Effectiveness $ — $ 7,229 $ — $ — $ — — Total Gains (Losses) on Fair Value Hedges, Net of Hedged Items $ — $ 14,130 $ — $ — $ — $ (6,397) Cash Flow Hedges Interest Rate Contracts $ — $ (269) $ — $ — $ — $ (20,702) Total Gains (Losses) on Cash Flow Hedges $ — $ (269) $ — $ — $ — $ (20,702) Derivatives Not Designated as Hedge Accounting Instruments: Asset Management and Strategic Holdings Foreign Exchange Contracts and Options $ (8,966) $ — $ — $ — $ — $ — Other Derivatives 7,651 — — — — — Total included in Net Gains (Losses) from Investment Activities $ (1,315) $ — $ — $ — $ — $ — Insurance Embedded Derivatives - Funds Withheld Receivable $ — $ 14,149 $ — $ — $ — $ — Embedded Derivatives - Funds Withheld Payable — 32,842 — — — — Equity Index Options — 230,602 — — — — Equity Future Contracts — (48,383) — — — — Interest Rate and Foreign Exchange Contracts — (164,765) — — — — Other — (62) — — — — Total Gains (Losses) on Derivatives Not Designated as Hedge Accounting Instruments from Insurance Activities $ — $ 64,383 $ — $ — $ — $ — Total $ (1,315) $ 78,244 $ — $ — $ — $ (27,099) Six Months Ended June 30, 2023 Net Gains (Losses) from Investment Activities Net Investment-Related Gains (Losses) Net Investment Income Net Policy Benefits and Claims Interest Expense Change in AOCI Derivatives Designated as Hedge Accounting Instruments: Fair Value Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments: Interest Rate Contracts $ — $ — $ — $ (51,338) $ (20,388) $ — Foreign Currency Contracts — (54,900) — — — 2,883 Total Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ (54,900) $ — $ (51,338) $ (20,388) $ 2,883 Gains (Losses) on Hedged Items: Interest Rate Contracts $ — $ — $ — $ 51,338 $ 20,388 $ — Foreign Currency Contracts — 56,037 — — — — Total Gains (Losses) on Hedged Items $ — $ 56,037 $ — $ 51,338 $ 20,388 $ — Amortization for Gains (Losses) Excluded from Assessment of Effectiveness: Foreign Currency Contracts $ — $ 14,055 $ — $ — $ — $ — Total Amortization for Gains (Losses) Excluded from Assessment of Effectiveness $ — $ 14,055 $ — $ — $ — $ — Total Gains (Losses) on Fair Value Hedges, Net of Hedged Items $ — $ 15,192 $ — $ — $ — $ 2,883 Cash Flow Hedges Interest Rate Contracts $ — $ (537) $ — $ — $ — $ 37,218 Total Gains (Losses) on Cash Flow Hedges $ — $ (537) $ — $ — $ — $ 37,218 Derivatives Not Designated as Hedge Accounting Instruments: Asset Management and Strategic Holdings Foreign Exchange Contracts and Options $ (31,332) $ — $ — $ — $ — $ — Other Derivatives 19,859 — — — — — Total included in Net Gains (Losses) from Investment Activities $ (11,473) $ — $ — $ — $ — $ — Insurance Embedded Derivatives - Funds Withheld Receivable $ — $ (16,618) $ — $ — $ — $ — Embedded Derivatives - Funds Withheld Payable — (397,393) — — — — Equity Index Options — 314,489 — — — — Equity Future Contracts — (89,208) — — — — Interest Rate and Foreign Exchange Contracts — (95,769) — — — — Other Contracts — (137) — — — — Total Gains (Losses) on Derivatives Not Designated as Hedge Accounting Instruments from Insurance Activities $ — $ (284,636) $ — $ — $ — $ — Total $ (11,473) $ (269,981) $ — $ — $ — $ 40,101 Collateral The amount of Global Atlantic's net derivative assets and liabilities after consideration of collateral received or pledged were as follows: As of June 30, 2024 Gross Amount Recognized Gross Amounts Offset in the Statements of Financial Position (1) Net Amounts Presented in the Statements of Financial Condition Collateral (Received) / Pledged Net Amount after Collateral Derivative Assets (Excluding Embedded Derivatives) $ 2,073,783 $ (2,042,776) $ 31,007 $ (65,437) $ (34,430) Derivative Liabilities (Excluding Embedded Derivatives) $ 1,037,481 $ (733,319) $ 304,162 $ 248,364 $ 55,798 (1) Represents netting of derivative exposures covered by qualifying master netting agreements. As of December 31, 2023 Gross Amount Recognized Gross Amounts Offset in the Statements of Financial Position (1) Net Amounts Presented in the Statements of Financial Condition Collateral (Received) / Pledged Net Amount after Collateral Derivative Assets (Excluding Embedded Derivatives) $ 1,855,023 $ (1,809,329) $ 45,694 $ (45,095) $ 599 Derivative Liabilities (Excluding Embedded Derivatives) $ 1,057,277 $ (911,080) $ 146,197 $ 167,973 $ (21,776) (1) Represents netting of derivative exposures covered by qualifying master netting agreements.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended
	Jun. 30, 2024
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS The following tables summarize the valuation of assets and liabilities measured and reported at fair value by the fair value hierarchy. Investments classified as Equity Method - Other, for which the fair value option has not been elected, and Equity Method - Capital Allocation-Based Income have been excluded from the tables below. Assets, at fair value: June 30, 2024 Level I Level II Level III Total Asset Management and Strategic Holdings Private Equity $ 903,257 $ 52,326 $ 32,816,612 $ 33,772,195 Credit 281,198 2,827,750 4,817,048 7,925,996 Investments of Consolidated CFEs — 24,890,663 — 24,890,663 Real Assets 352,026 111,753 12,782,172 13,245,951 Equity Method - Other 153,331 654,162 1,506,572 2,314,065 Other Investments 160,596 41,468 4,519,889 4,721,953 Total Investments $ 1,850,408 $ 28,578,122 $ 56,442,293 $ 86,870,823 Foreign Exchange Contracts and Options — 274,943 — 274,943 Other Derivatives — 9,119 — 9,119 Total Assets at Fair Value - Asset Management and Strategic Holdings $ 1,850,408 $ 28,862,184 $ 56,442,293 $ 87,154,885 Insurance AFS Fixed Maturity Securities: U.S. Government and Agencies $ 2,473,223 $ 120,154 $ — $ 2,593,377 U.S. State, Municipal and Political Subdivisions — 4,135,721 — 4,135,721 Corporate — 30,932,182 8,685,083 39,617,265 Structured Securities — 25,374,806 2,101,668 27,476,474 Total AFS Fixed Maturity Securities $ 2,473,223 $ 60,562,863 $ 10,786,751 $ 73,822,837 Trading Fixed Maturity Securities: U.S. Government and Agencies $ 2,908,671 $ 170,470 $ — $ 3,079,141 U.S. State, Municipal and Political Subdivisions — 732,473 — 732,473 Corporate — 12,807,874 910,400 13,718,274 Structured Securities — 6,720,990 600,422 7,321,412 Total Trading Fixed Maturity Securities $ 2,908,671 $ 20,431,807 $ 1,510,822 $ 24,851,300 Equity Securities 6,218 — 15,279 21,497 Mortgage and Other Loan Receivables — — 603,200 603,200 Other Investments — — 7,549,543 (1) 7,549,543 Funds Withheld Receivable at Interest — — 114,265 114,265 Reinsurance Recoverable — — 926,695 926,695 Derivative Assets: Equity Market Contracts 1,625 1,817,875 — 1,819,500 Interest Rate Contracts 2,739 155,110 — 157,849 Foreign Currency Contracts — 96,434 — 96,434 Impact of Netting (5,039) (2,037,737) — (2) (2,042,776) Total Derivative Assets $ (675) $ 31,682 $ — $ 31,007 Separate Account Assets 4,122,642 — — 4,122,642 Total Assets at Fair Value - Insurance $ 9,510,079 $ 81,026,352 $ 21,506,555 $ 112,042,986 Total Assets at Fair Value $ 11,360,487 $ 109,888,536 $ 77,948,848 $ 199,197,871 December 31, 2023 Level I Level II Level III Total Asset Management and Strategic Holdings Private Equity $ 1,762,257 $ 58,653 $ 30,921,574 $ 32,742,484 Credit 281,626 2,540,362 5,452,916 8,274,904 Investments of Consolidated CFEs — 24,996,298 — 24,996,298 Real Assets 676,808 27,567 11,295,633 12,000,008 Equity Method - Other 418,791 326,835 1,537,962 2,283,588 Other Investments 218,151 95,453 4,265,768 4,579,372 Total Investments $ 3,357,633 $ 28,045,168 $ 53,473,853 $ 84,876,654 Foreign Exchange Contracts and Options — 264,621 — 264,621 Other Derivatives — 4,792 — 4,792 Total Assets at Fair Value - Asset Management and Strategic Holdings $ 3,357,633 $ 28,314,581 $ 53,473,853 $ 85,146,067 Insurance AFS Fixed Maturity Securities: U.S. Government and Agencies $ 1,082,421 $ 120,671 $ — $ 1,203,092 U.S. State, Municipal and Political Subdivisions — 4,607,392 — 4,607,392 Corporate — 31,377,753 8,571,003 39,948,756 Structured Securities — 21,824,948 1,830,000 23,654,948 Total AFS Fixed Maturity Securities $ 1,082,421 $ 57,930,764 $ 10,401,003 $ 69,414,188 Trading Fixed Maturity Securities: U.S. Government and Agencies $ 2,354,194 $ 163,919 $ — $ 2,518,113 U.S. State, Municipal and Political Subdivisions — 1,223,946 — 1,223,946 Corporate — 9,815,909 656,923 10,472,832 Structured Securities — 3,997,341 593,238 4,590,579 Total Trading Fixed Maturity Securities $ 2,354,194 $ 15,201,115 $ 1,250,161 $ 18,805,470 Equity Securities 4,215 — 15,522 19,737 Mortgage and Other Loan Receivables — — 697,402 697,402 Other Investments — — 4,925,751 (1) 4,925,751 Funds Withheld Receivable at Interest — — 88,661 88,661 Reinsurance Recoverable — — 926,035 926,035 Derivative Assets: Equity Market Contracts 1,669 1,479,206 — 1,480,875 Interest Rate Contracts 19,474 264,593 — 284,067 Foreign Currency Contracts — 90,081 — 90,081 Impact of Netting (23,522) (1,785,807) — (2) (1,809,329) Total Derivative Assets $ (2,379) $ 48,073 $ — $ 45,694 Separate Account Assets 4,107,000 — — 4,107,000 Total Assets at Fair Value - Insurance $ 7,545,451 $ 73,179,952 $ 18,304,535 $ 99,029,938 Total Assets at Fair Value $ 10,903,084 $ 101,494,533 $ 71,778,388 $ 184,176,005 (1) Other investments excluded from the fair value hierarchy include private equity funds for which fair value is measured at net asset value per share as a practical expedient. As of June 30, 2024 and December 31, 2023, the fair value of these investments was $99.5 million and $138.5 million, respectively. These investments have strategies primarily focused on real assets (including real estate and infrastructure) and are subject to certain restrictions on redemption. As of June 30, 2024, there were $3.0 million of unfunded commitments associated with these investments. (2) Represents netting of derivative exposures covered by qualifying master netting agreements. Liabilities, at fair value: June 30, 2024 Level I Level II Level III Total Asset Management and Strategic Holdings Securities Sold Short $ 134,297 $ — $ — $ 134,297 Foreign Exchange Contracts and Options — 226,240 — 226,240 Unfunded Revolver Commitments — — 98,327 (1) 98,327 Other Derivatives 70 — — 70 Debt Obligations of Consolidated CFEs — 25,253,120 — 25,253,120 Total Liabilities at Fair Value - Asset Management and Strategic Holdings $ 134,367 $ 25,479,360 $ 98,327 $ 25,712,054 Insurance Policy Liabilities (Including Market Risk Benefits) $ — $ — $ 1,320,498 (3) $ 1,320,498 Closed Block Policy Liabilities — — 970,844 970,844 Funds Withheld Payable at Interest — — (2,900,476) (2,900,476) Derivative Instruments Payable: Equity Market Contracts 3,136 181,897 — 185,033 Interest Rate Contracts 1,903 762,060 — 763,963 Foreign Currency Contracts — 85,187 — 85,187 Other Contracts — 3,298 — 3,298 Impact of Netting (5,039) (728,280) — (2) (733,319) Total Derivative Instruments Payable — 304,162 — 304,162 Embedded Derivative – Interest-sensitive Life Products — — 495,342 495,342 Embedded Derivative – Annuity Products — — 4,478,104 4,478,104 Total Liabilities at Fair Value - Insurance $ — $ 304,162 $ 4,364,312 $ 4,668,474 Total Liabilities at Fair Value $ 134,367 $ 25,783,522 $ 4,462,639 $ 30,380,528 December 31, 2023 Level I Level II Level III Total Asset Management and Strategic Holdings Securities Sold Short $ 149,136 $ — $ — $ 149,136 Foreign Exchange Contracts and Options — 441,608 — 441,608 Unfunded Revolver Commitments — — 94,683 (1) 94,683 Other Derivatives 143 2,239 — 2,382 Debt Obligations of Consolidated CFEs — 25,276,404 — 25,276,404 Total Liabilities at Fair Value - Asset Management and Strategic Holdings $ 149,279 $ 25,720,251 $ 94,683 $ 25,964,213 Insurance Policy Liabilities (Including Market Risk Benefits) $ — $ — $ 1,474,970 (3) $ 1,474,970 Closed Block Policy Liabilities — — 968,554 968,554 Funds Withheld Payable at Interest — — (2,447,303) (2,447,303) Derivative Instruments Payable: Equity Market Contracts 7,088 241,039 — 248,127 Interest Rate Contracts 17,931 660,525 — 678,456 Foreign Currency Contracts — 130,094 — 130,094 Other Contracts — 600 — 600 Impact of Netting (23,522) (887,558) — (2) (911,080) Total Derivative Instruments Payable 1,497 144,700 — 146,197 Embedded Derivative – Interest-sensitive Life Products — — 458,302 458,302 Embedded Derivative – Annuity Products — — 3,587,371 3,587,371 Total Liabilities at Fair Value - Insurance $ 1,497 $ 144,700 $ 4,041,894 $ 4,188,091 Total Liabilities at Fair Value $ 150,776 $ 25,864,951 $ 4,136,577 $ 30,152,304 (1) These unfunded revolver commitments are valued using the same valuation methodologies as KKR's Level III credit investments. (2) Represents netting of derivative exposures covered by qualifying master netting agreements. (3) Includes market risk benefit of $1.0 billion and $1.1 billion as of June 30, 2024 and December 31, 2023, respectively. The following tables summarize changes in assets and liabilities measured and reported at fair value for which Level III inputs have been used to determine fair value for the three months ended June 30, 2024 and 2023, respectively. Three Months Ended June 30, 2024 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers Transfers Out Net Purchases/Issuances/Sales/Settlements Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date Assets Asset Management and Strategic Holdings Private Equity $ 32,258,143 $ — $ 9,042 $ — $ 244,345 $ 305,082 $ — $ 32,816,612 $ 308,356 $ — Credit 5,194,915 151,713 — — (461,880) (67,700) — 4,817,048 (54,997) — Real Assets 11,529,548 934,530 — — 140,436 177,658 — 12,782,172 103,434 — Equity Method - Other 1,534,073 — — (2,077) (680) (24,744) — 1,506,572 (24,747) — Other Investments 4,204,202 — — — 368,697 (53,010) — 4,519,889 (53,277) — Total Assets - Asset Management and Strategic Holdings $ 54,720,881 $ 1,086,243 $ 9,042 $ (2,077) $ 290,918 $ 337,286 $ — $ 56,442,293 $ 278,769 $ — Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 8,071,579 $ — $ — $ — $ 611,861 $ (13,286) $ 14,929 $ 8,685,083 $ — $ 17,466 Structured Securities 1,926,056 — 42,951 — 112,084 7,596 12,981 2,101,668 — 15,585 Total AFS Fixed Maturity Securities 9,997,635 — 42,951 — 723,945 (5,690) 27,910 10,786,751 — 33,051 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 378,435 — 1,225 — 528,131 2,609 — 910,400 2,749 — Structured Securities 670,143 — 15,147 — (100,394) 15,526 — 600,422 681 — Total Trading Fixed Maturity Securities 1,048,578 — 16,372 — 427,737 18,135 — 1,510,822 3,430 — Equity Securities 15,823 — — — — (544) — 15,279 (543) — Mortgage and Other Loan Receivables 686,938 — — — (93,333) 9,595 — 603,200 (3,014) — Other Investments 4,897,017 — — — 2,728,615 (76,089) — 7,549,543 (76,350) — Funds Withheld Receivable at Interest 113,991 — — — — 274 — 114,265 — — Reinsurance Recoverable 965,877 — — — 5,319 (44,501) — 926,695 — — Total Assets - Insurance $ 17,725,859 $ — $ 59,323 $ — $ 3,792,283 $ (98,820) $ 27,910 $ 21,506,555 $ (76,477) $ 33,051 Total $ 72,446,740 $ 1,086,243 $ 68,365 $ (2,077) $ 4,083,201 $ 238,466 $ 27,910 $ 77,948,848 $ 202,292 $ 33,051 Six Months Ended June 30, 2024 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers Transfers Out Net Purchases/Issuances/Sales/Settlements Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date Assets Asset Management and Strategic Holdings Private Equity $ 30,921,574 $ — $ 9,042 $ — $ 985,807 $ 900,189 $ — $ 32,816,612 $ 901,863 $ — Credit 5,452,916 151,713 148,072 (105,080) (720,469) (110,104) — 4,817,048 (92,128) — Real Assets 11,295,633 934,530 — — 490,769 61,240 — 12,782,172 (14,184) — Equity Method - Other 1,537,962 — — (2,077) (57) (29,256) — 1,506,572 (30,862) — Other Investments 4,265,768 — — (8,106) 246,137 15,913 177 4,519,889 21,452 177 Total Assets - Asset Management and Strategic Holdings $ 53,473,853 $ 1,086,243 $ 157,114 $ (115,263) $ 1,002,187 $ 837,982 $ 177 $ 56,442,293 $ 786,141 $ 177 Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 8,571,003 $ — $ — $ (301) $ 67,271 $ (60,908) $ 108,018 $ 8,685,083 $ — $ 103,286 Structured Securities 1,830,000 — 95,965 — 135,898 15,235 24,570 2,101,668 — 26,532 Total AFS Fixed Maturity Securities 10,401,003 — 95,965 (301) 203,169 (45,673) 132,588 10,786,751 — 129,818 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 656,923 — 1,416 — 208,581 43,480 — 910,400 41,392 — Structured Securities 593,238 — 106,805 — (124,617) 24,996 — 600,422 9,430 — Total Trading Fixed Maturity Securities 1,250,161 — 108,221 — 83,964 68,476 — 1,510,822 50,822 — Equity Securities 15,522 — — — — (243) — 15,279 (242) — Mortgage and Other Loan Receivables 697,402 — — — (99,125) 4,923 — 603,200 2,785 — Other Investments 4,925,751 — — — 2,779,681 (155,889) — 7,549,543 (154,394) — Funds Withheld Receivable at Interest 88,661 — — — — 25,604 — 114,265 — — Reinsurance Recoverable 926,035 — — — (6,349) 7,009 — 926,695 — — Total Assets - Insurance $ 18,304,535 $ — $ 204,186 $ (301) $ 2,961,340 $ (95,793) $ 132,588 $ 21,506,555 $ (101,029) $ 129,818 Total $ 71,778,388 $ 1,086,243 $ 361,300 $ (115,564) $ 3,963,527 $ 742,189 $ 132,765 $ 77,948,848 $ 685,112 $ 129,995 Three Months Ended June 30, 2023 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Issuances/Sales/Settlements Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date Assets Asset Management and Strategic Holdings Private Equity $ 26,189,501 $ — $ — $ — $ 1,963,136 $ 453,584 $ — $ 28,606,221 $ 520,098 $ — Credit 5,902,578 — — — (541,887) 12,191 — 5,372,882 58,128 — Real Assets 18,946,851 (126,889) — — 1,554,061 (66,444) — 20,307,579 (58,048) — Equity Method - Other 1,602,694 — — (2,335) 2,856 91,955 — 1,695,170 92,549 — Other Investments 3,738,446 — 22,777 — (76,145) (14,748) — 3,670,330 (10,374) — Other Derivatives — — — — — — — — — — Total Assets - Asset Management and Strategic Holdings $ 56,380,070 $ (126,889) $ 22,777 $ (2,335) $ 2,902,021 $ 476,538 $ — $ 59,652,182 $ 602,353 $ — Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 8,294,423 $ — $ 33,196 $ — $ 48,066 $ 16,996 $ (121) $ 8,392,560 $ — $ 21,233 Structured Securities 1,770,785 — 104,572 — 29,871 7,234 10,282 1,922,744 — 12,158 Total AFS Fixed Maturity Securities 10,065,208 — 137,768 — 77,937 24,230 10,161 10,315,304 — 33,391 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 631,870 — — — 3,109 1,785 — 636,764 1,867 — Structured Securities 661,565 — 6,081 — (1,023) (8,440) — 658,183 (8,247) — Total Trading Fixed Maturity Securities 1,293,435 — 6,081 — 2,086 (6,655) — 1,294,947 (6,380) — Equity Securities 15,311 — — — — 384 — 15,695 384 — Mortgage and Other Loan Receivables 773,917 — — — (16,306) 10,665 — 768,276 11,178 — Other Investments 5,009,113 — — — 54,343 (47,029) — 5,016,427 (58,190) — Funds Withheld Receivable at Interest (17,982) — — — — 14,149 — (3,833) — — Reinsurance Recoverable 1,010,602 — — — 64 (22,027) — 988,639 — — Total Assets - Insurance $ 18,149,604 $ — $ 143,849 $ — $ 118,124 $ (26,283) $ 10,161 $ 18,395,455 $ (53,008) $ 33,391 Total $ 74,529,674 $ (126,889) $ 166,626 $ (2,335) $ 3,020,145 $ 450,255 $ 10,161 $ 78,047,637 $ 549,345 $ 33,391 Six Months Ended June 30, 2023 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Issuances/Sales/Settlements Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date Assets Asset Management and Strategic Holdings Private Equity $ 25,336,957 $ — $ — $ — $ 2,896,563 $ 372,701 $ — $ 28,606,221 $ 437,195 $ — Credit 5,786,026 — 17,628 (23,758) (465,555) 58,541 — 5,372,882 102,197 — Real Assets 17,015,112 (126,889) — — 3,769,101 (349,745) — 20,307,579 (346,687) — Equity Method - Other 1,624,420 — — (2,335) 8,500 64,585 — 1,695,170 69,192 — Other Investments 3,334,366 — 22,777 (22,376) 435,107 (99,544) — 3,670,330 (102,992) — Other Derivatives — — — — 2,153 (2,153) — — — — Total Assets - Asset Management and Strategic Holdings $ 53,096,881 $ (126,889) $ 40,405 $ (48,469) $ 6,645,869 $ 44,385 $ — $ 59,652,182 $ 158,905 $ — Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 8,310,657 $ — $ 33,196 $ — $ (18,018) $ 38,261 $ 28,464 $ 8,392,560 $ — $ 35,900 Structured Securities 1,419,441 — 275,347 (3,374) 184,854 3,095 43,381 1,922,744 — 45,225 Total AFS Fixed Maturity Securities 9,730,098 — 308,543 (3,374) 166,836 41,356 71,845 10,315,304 — 81,125 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 672,023 — — — (24,784) (10,475) — 636,764 (10,009) — Structured Securities 643,811 — 11,971 (6,747) 12,994 (3,846) — 658,183 (2,959) — Total Trading Fixed Maturity Securities 1,315,834 — 11,971 (6,747) (11,790) (14,321) — 1,294,947 (12,968) — Equity Securities 16,286 — — — — (591) — 15,695 (591) — Mortgage and Other Loan Receivables 787,515 — — — (26,866) 7,627 — 768,276 5,434 — Other Investments 4,883,441 — — — 165,285 (32,299) — 5,016,427 (33,644) — Funds Withheld Receivable at Interest 12,785 — — — — (16,618) — (3,833) — — Reinsurance Recoverable 981,775 — — — (10,590) 17,454 — 988,639 — — Total Assets - Insurance $ 17,727,734 $ — $ 320,514 $ (10,121) $ 282,875 $ 2,608 $ 71,845 $ 18,395,455 $ (41,769) $ 81,125 Total $ 70,824,615 $ (126,889) $ 360,919 $ (58,590) $ 6,928,744 $ 46,993 $ 71,845 $ 78,047,637 $ 117,136 $ 81,125 Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Purchases Issuances Sales Settlements Net Purchases/ Issuances/ Sales/ Settlements Purchases Issuances Sales Settlements Net Purchases/ Issuances/ Sales/ Settlements Assets Asset Management and Strategic Holdings Private Equity $ 334,251 $ — $ (89,906) $ — $ 244,345 $ 1,320,803 $ — $ (334,996) $ — $ 985,807 Credit 191,317 — (653,162) (35) (461,880) 513,350 — (883,549) (350,270) (720,469) Real Assets 498,183 — (357,747) — 140,436 881,650 — (390,881) — 490,769 Equity Method - Other 2 — (682) — (680) 3,082 — (3,139) — (57) Other Investments 865,589 — (496,725) (167) 368,697 1,256,253 — (945,346) (64,770) 246,137 Total Assets - Asset Management and Strategic Holdings $ 1,889,342 $ — $ (1,598,222) $ (202) $ 290,918 $ 3,975,138 $ — $ (2,557,911) $ (415,040) $ 1,002,187 Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 1,509,309 $ — $ (500,359) $ (397,089) $ 611,861 $ 2,172,185 $ — $ (670,380) $ (1,434,534) $ 67,271 Structured Securities 251,493 — (8,347) (131,062) 112,084 342,538 — (10,349) (196,291) 135,898 Total AFS Fixed Maturity Securities 1,760,802 — (508,706) (528,151) 723,945 2,514,723 — (680,729) (1,630,825) 203,169 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 706,947 — (169,277) (9,539) 528,131 767,965 — (223,483) (335,901) 208,581 Structured Securities 107,379 — (197,955) (9,818) (100,394) 107,616 — (204,425) (27,808) (124,617) Total Trading Fixed Maturity Securities 814,326 — (367,232) (19,357) 427,737 875,581 — (427,908) (363,709) 83,964 Mortgage and Other Loan Receivables — — — (93,333) (93,333) 1,795 — — (100,920) (99,125) Other Investments 2,732,497 — (3,882) — 2,728,615 2,787,447 — (7,766) — 2,779,681 Reinsurance Recoverable — — — 5,319 5,319 — — — (6,349) (6,349) Total Assets - Insurance $ 5,307,625 $ — $ (879,820) $ (635,522) $ 3,792,283 $ 6,179,546 $ — $ (1,116,403) $ (2,101,803) $ 2,961,340 Total $ 7,196,967 $ — $ (2,478,042) $ (635,724) $ 4,083,201 $ 10,154,684 $ — $ (3,674,314) $ (2,516,843) $ 3,963,527 Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 Purchases Issuances Sales Settlements Net Purchases/Issuances/Sales/Settlements Purchases Issuances Sales Settlements Net Purchases/ Issuances/ Sales/ Settlements Assets Asset Management and Strategic Holdings Private Equity $ 1,966,888 $ — $ (3,752) $ — $ 1,963,136 $ 2,922,825 $ — $ (26,262) $ — $ 2,896,563 Credit 296,290 — (824,088) (14,089) (541,887) 737,023 — (1,103,069) (99,509) (465,555) Real Assets 1,965,000 — (410,939) — 1,554,061 4,256,691 — (486,551) (1,039) 3,769,101 Equity Method - Other 3,651 — (795) — 2,856 10,123 — (1,623) — 8,500 Other Investments 83,402 — (123,520) (36,027) (76,145) 675,579 — (139,536) (100,936) 435,107 Other Derivatives — — — — — 2,153 — — — 2,153 Total Assets - Asset Management and Strategic Holdings $ 4,315,231 $ — $ (1,363,094) $ (50,116) $ 2,902,021 $ 8,604,394 $ — $ (1,757,041) $ (201,484) $ 6,645,869 Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 215,605 $ — $ (5,080) $ (162,459) $ 48,066 $ 450,987 $ — $ (5,668) $ (463,337) $ (18,018) Structured Securities 88,308 — — (58,437) 29,871 265,127 — — (80,273) 184,854 Total AFS Fixed Maturity Securities 303,913 — (5,080) (220,896) 77,937 716,114 — (5,668) (543,610) 166,836 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 7,146 — — (4,037) 3,109 14,863 — (1,000) (38,647) (24,784) Structured Securities 12,787 — — (13,810) (1,023) 37,437 — (694) (23,749) 12,994 Total Trading Fixed Maturity Securities 19,933 — — (17,847) 2,086 52,300 — (1,694) (62,396) (11,790) Mortgage and Other Loan Receivables 257 — — (16,563) (16,306) 634 — (3,078) (24,422) (26,866) Other Investments 59,240 — (4,897) — 54,343 177,634 — (12,349) — 165,285 Reinsurance Recoverable — — — 64 64 — — — (10,590) (10,590) Total Assets - Insurance $ 383,343 $ — $ (9,977) $ (255,242) $ 118,124 $ 946,682 $ — $ (22,789) $ (641,018) $ 282,875 Total $ 4,698,574 $ — $ (1,373,071) $ (305,358) $ 3,020,145 $ 9,551,076 $ — $ (1,779,830) $ (842,502) $ 6,928,744 Three Months Ended June 30, 2024 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Sales/Settlements/Issuances Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ 95,004 $ — $ — $ — $ — $ 3,323 $ — $ 98,327 $ 3,323 Total Liabilities - Asset Management and Strategic Holdings $ 95,004 $ — $ — $ — $ — $ 3,323 $ — $ 98,327 $ 3,323 Insurance Policy Liabilities $ 1,337,563 $ — $ — $ — $ 8,327 $ (11,200) $ (14,192) $ 1,320,498 $ — Closed Block Policy Liabilities 1,005,627 — — — 5,780 (37,940) (2,623) 970,844 — Funds Withheld Payable at Interest (2,542,744) — — — — (357,732) — (2,900,476) — Embedded Derivative – Interest-sensitive 486,199 — — — (22,427) 31,570 — 495,342 — Embedded Derivative – Annuity Products 4,051,405 — — — 335,210 91,489 — 4,478,104 — Total Liabilities - Insurance $ 4,338,050 $ — $ — $ — $ 326,890 $ (283,813) $ (16,815) $ 4,364,312 $ — Total $ 4,433,054 $ — $ — $ — $ 326,890 $ (280,490) $ (16,815) $ 4,462,639 $ 3,323 Six Months Ended June 30, 2024 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Sales/Settlements/Issuances Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ 94,683 $ — $ — $ — $ — $ 3,644 $ — $ 98,327 $ 3,644 Total Liabilities - Asset Management and Strategic Holdings $ 94,683 $ — $ — $ — $ — $ 3,644 $ — $ 98,327 $ 3,644 Insurance Policy Liabilities $ 1,474,970 $ — $ — $ — $ 8,278 $ (153,726) $ (9,024) $ 1,320,498 $ — Closed Block Policy Liabilities 968,554 — — — 4,915 589 (3,214) 970,844 — Funds Withheld Payable at Interest (2,447,303) — — — — (453,173) — (2,900,476) — Embedded Derivative – Interest-sensitive 458,302 — — — (46,905) 83,945 — 495,342 — Embedded Derivative – Annuity Products 3,587,371 — — — 594,669 296,064 — 4,478,104 — Total Liabilities - Insurance $ 4,041,894 $ — $ — $ — $ 560,957 $ (226,301) $ (12,238) $ 4,364,312 $ — Total $ 4,136,577 $ — $ — $ — $ 560,957 $ (222,657) $ (12,238) $ 4,462,639 $ 3,644 Three Months Ended June 30, 2023 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Sales/Settlements/Issuances Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ 112,534 $ — $ — $ — $ — $ (2,428) $ — $ 110,106 $ (2,428) Total Liabilities - Asset Management and Strategic Holdings $ 112,534 $ — $ — $ — $ — $ (2,428) $ — $ 110,106 $ (2,428) Insurance Policy Liabilities $ 1,133,779 $ — $ — $ — $ (1,508) $ (97,515) $ 146,612 $ 1,181,368 $ — Closed Block Policy Liabilities 1,046,458 — — — (3,166) (16,297) (656) 1,026,339 — Funds Withheld Payable at Interest (3,057,531) — — — — (32,842) — (3,090,373) — Embedded Derivative – Interest-sensitive 373,391 — — — 5,255 68,359 — 447,005 — Embedded Derivative – Annuity Products 2,402,427 — — — 200,486 212,870 — 2,815,783 — Total Liabilities - Insurance $ 1,898,524 $ — $ — $ — $ 201,067 $ 134,575 $ 145,956 $ 2,380,122 $ — Total $ 2,011,058 $ — $ — $ — $ 201,067 $ 132,147 $ 145,956 $ 2,490,228 $ (2,428) Six Months Ended June 30, 2023 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Sales/Settlements/Issuances Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ 137,315 $ — $ — $ — $ — $ (27,209) $ — $ 110,106 $ (27,209) Total Liabilities - Asset Management and Strategic Holdings $ 137,315 $ — $ — $ — $ — $ (27,209) $ — $ 110,106 $ (27,209) Insurance Policy Liabilities $ 1,063,496 $ — $ — $ — $ (2,373) $ 25,648 $ 94,597 $ 1,181,368 $ — Closed Block Policy Liabilities 1,016,313 — — — (9,028) 20,961 (1,907) 1,026,339 — Funds Withheld Payable at Interest (3,487,766) — — — — 397,393 — (3,090,373) — Embedded Derivative – Interest-sensitive 337,860 — — — 2,307 106,838 — 447,005 — Embedded Derivative – Annuity Products 1,851,381 — — — 549,968 414,434 — 2,815,783 — Total Liabilities - Insurance $ 781,284 $ — $ — $ — $ 540,874 $ 965,274 $ 92,690 $ 2,380,122 $ — Total $ 918,599 $ — $ — $ — $ 540,874 $ 938,065 $ 92,690 $ 2,490,228 $ (27,209) Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Issuances Settlements Net Issuances/Settlements Issuances Settlements Net Issuances/Settlements Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ — $ — $ — $ — $ — $ — Total Liabilities - Asset Management and Strategic Holdings $ — $ — $ — $ — $ — $ — Insurance Policy Liabilities $ 11,842 $ (3,515) $ 8,327 $ 15,249 $ (6,971) $ 8,278 Closed Block Policy Liabilities 4,915 865 5,780 4,915 — 4,915 Embedded Derivative – Interest-sensitive Life Products — (22,427) (22,427) — (46,905) (46,905) Embedded Derivative – Annuity Products 397,926 (62,716) 335,210 716,018 (121,349) 594,669 Total Liabilities - Insurance $ 414,683 $ (87,793) $ 326,890 $ 736,182 $ (175,225) $ 560,957 Total $ 414,683 $ (87,793) $ 326,890 $ 736,182 $ (175,225) $ 560,957 Three Months Ended June 30, 2023 Three Months Ended June 30, 2023 Issuances Settlements Net Issuances/Settlements Issuances Settlements Net Issuances/Settlements Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ — $ — $ — $ — $ — $ — Total Liabilities - Asset Management and Strategic Holdings $ — $ — $ — $ — $ — $ — Insurance Policy Liabilities $ (48) $ (1,460) $ (1,508) $ (93) $ (2,280) $ (2,373) Closed Block Policy Liabilities — (3,166) (3,166) — (9,028) (9,028) Embedded Derivative – Interest-sensitive Life Products — 5,255 5,255 — 2,307 2,307 Embedded Derivative – Annuity Products 223,713 (23,227) 200,486 592,611 (42,643) 549,968 Total Liabilities - Insurance $ 223,665 $ (22,598) $ 201,067 $ 592,518 $ (51,644) $ 540,874 Total $ 223,665 $ (22,598) $ 201,067 $ 592,518 $ (51,644) $ 540,874 Total realized and unrealized gains and losses recorded for Asset Management and Strategic Holdings - Level III assets and liabilities are reported in Net Gains (Losses) from Investment Activities in the accompanying consolidated statements of operations while Insurance - Level III assets and liabilities are reported in Net Investment Gains and Policy Benefits and Claims in the accompanying consolidated statements of operations. The following table presents additional information about valuation methodologies and significant unobservable inputs used for financial assets and liabilities that are measured and reported at fair value and categorized within Level III as of June 30, 2024. Because input information includes only those items for which information is reasonably available, balances shown below may not equal total amounts reported for such Level III assets and liabilities: Level III Assets Fair Value June 30, 2024 Valuation Unobservable Input(s) (1) Weighted Average (2) Range Impact to Valuation from an Increase in Input (3) ASSET MANAGEMENT AND STRATEGIC HOLDINGS Private Equity $ 32,816,612 Private Equity $ 29,868,786 Inputs to market comparables, discounted cash flow and transaction price Illiquidity Discount 6.3% 5.0% - 15.0% Decrease Weight Ascribed to Market Comparables 28.4% 0.0% - 100.0% (4) Weight Ascribed to Discounted Cash Flow 68.0% 0.0% - 100.0% (5) Weight Ascribed to Transaction Price 3.6% 0.0% - 100.0% (6) Market comparables Enterprise Value/LTM EBITDA Multiple 17.3x 6.1x - 25.0x Increase Enterprise Value/Forward EBITDA Multiple 16.4x 4.8x - 29.1x Increase Discounted cash flow Weighted Average Cost of Capital 10.0% 6.2% - 15.0% Decrease Enterprise Value/EBITDA Exit Multiple 14.6x 6.0x - 27.6x Increase Level III Assets Fair Value June 30, 2024 Valuation Unobservable Input(s) (1) Weighted Average (2) Range Impact to Valuation from an Increase in Input (3) Growth Equity $ 2,947,826 Inputs to market comparables, discounted cash flow and milestones Illiquidity Discount 10.1% 10.0% - 15.0% Decrease Weight Ascribed to Market Comparables 44.8% 0.0% - 100.0% (4) Weight Ascribed to Discounted Cash Flow 2.8% 0.0% - 50.0% (5) Weight Ascribed to Transaction Price 11.8% 0.0% - 100.0% (6) Weight Ascribed to Milestones 40.6% 0.0% - 100.0% (6) Scenario Weighting Base 70.6% 60.0% - 85.0% Increase Downside 8.7% 5.0% - 15.0% Decrease Upside 20.7% 10.0% - 35.0% Increase Market Comparables Enterprise Value/Revenues Multiple 9.1x 3.2x - 24.4x Increase Credit $ 4,817,048 Yield Analysis Yield 11.1% 5.2% - 20.1% Decrease Net Leverage 6.1x 1.5x -14.5x Decrease EBITDA Multiple 12.7x 6.5x - 30.0x Increase Real Assets $ 12,782,172 Energy $ 1,582,089 Inputs to market comparables, discounted cash flow and transaction price Weight Ascribed to Market Comparables 44.6% 0.0% - 50.0% (4) Weight Ascribed to Discounted Cash Flow 55.4% 50.0% - 100.0% (5) Market comparables Enterprise Value/LTM EBITDA Multiple 4.9x 4.9x - 4.9x Increase Enterprise Value/Forward EBITDA Multiple 6.0x 4.4x- 6.5x Increase Discounted cash flow Weighted Average Cost of Capital 12.2% 12.0% - 12.2% Decrease Average Price Per BOE (8) $47.62 $45.03 - $52.12 Increase Infrastructure $ 1,576,257 Inputs to market comparables, discounted cash flow and transaction price Illiquidity Discount 6.5% 5.0% - 10.0% Decrease Weight Ascribed to Market Comparables 6.2% 0.0% - 25.0% (4) Weight Ascribed to Discounted Cash Flow 52.7% 0.0% - 100.0% (5) Weight Ascribed to Transaction Price 41.1% 0.0% - 100.0% (6) Market comparables Enterprise Value/LTM EBITDA Multiple 10.9x 10.9x - 10.9x Increase Enterprise Value/Forward EBITDA Multiple 18.3x 10.4x - 21.7x Increase Discounted cash flow Weighted Average Cost of Capital 7.2% 5.8% - 9.5% Decrease Enterprise Value/EBITDA Exit Multiple 15.7x

FAIR VALUE OPTION

FAIR VALUE OPTION	6 Months Ended
	Jun. 30, 2024
Fair Value Disclosures [Abstract]
FAIR VALUE OPTION	FAIR VALUE OPTION The following table summarizes the financial instruments for which the fair value option has been elected: June 30, 2024 December 31, 2023 Assets Asset Management and Strategic Holdings Credit $ 993,967 $ 976,978 Investments of Consolidated CFEs 24,890,663 24,996,298 Real Assets 57,869 59,721 Equity Method - Other 2,314,065 2,283,588 Other Investments 134,150 153,597 Total Asset Management and Strategic Holdings $ 28,390,714 $ 28,470,182 Insurance Mortgage and Other Loan Receivables $ 603,200 $ 697,402 Other Investments 519,137 232,877 Reinsurance Recoverable 926,695 926,035 Total Insurance $ 2,049,032 $ 1,856,314 Total Assets $ 30,439,746 $ 30,326,496 Liabilities Asset Management and Strategic Holdings Debt Obligations of Consolidated CFEs $ 25,253,120 $ 25,276,404 Total Asset Management and Strategic Holdings $ 25,253,120 $ 25,276,404 Insurance Policy Liabilities $ 1,271,580 $ 1,322,555 Total Insurance $ 1,271,580 $ 1,322,555 Total Liabilities $ 26,524,700 $ 26,598,959 The following table presents the net realized and unrealized gains (losses) on financial instruments for which the fair value option was elected: Three Months Ended June 30, 2024 Three Months Ended June 30, 2023 Net Realized Net Unrealized Total Net Realized Net Unrealized Total Assets Asset Management and Strategic Holdings Credit $ 6,933 $ (16,822) $ (9,889) $ (52,593) $ 63,266 $ 10,673 Investments of Consolidated CFEs (1,715) (89,021) (90,736) (44,865) 251,101 206,236 Real Assets — (741) (741) 51,637 (48,294) 3,343 Equity Method - Other 7,062 (106,160) (99,098) 14,061 59,443 73,504 Other Investments (118) 986 868 (75) (4,239) (4,314) Total Asset Management and Strategic Holdings $ 12,162 $ (211,758) $ (199,596) $ (31,835) $ 321,277 $ 289,442 Insurance Mortgage and Other Loan Receivables $ — $ 12,837 $ 12,837 $ — $ 12,540 $ 12,540 Other Investments — (13,322) (13,322) — (8,649) (8,649) Total Insurance $ — $ (485) $ (485) $ — $ 3,891 $ 3,891 Total Assets $ 12,162 $ (212,243) $ (200,081) $ (31,835) $ 325,168 $ 293,333 Liabilities Asset Management and Strategic Holdings Debt Obligations of Consolidated CFEs $ (3,356) $ 89,187 $ 85,831 $ — $ (258,665) $ (258,665) Total Asset Management and Strategic Holdings $ (3,356) $ 89,187 $ 85,831 $ — $ (258,665) $ (258,665) Insurance Policy Liabilities $ — $ 16,597 $ 16,597 $ — $ (1,265) $ (1,265) Total Insurance $ — $ 16,597 $ 16,597 $ — $ (1,265) $ (1,265) Total Liabilities $ (3,356) $ 105,784 $ 102,428 $ — $ (259,930) $ (259,930) Six Months Ended June 30, 2024 Six Months Ended June 30, 2023 Net Realized Net Unrealized Total Net Realized Net Unrealized Total Assets Asset Management and Strategic Holdings Credit $ (540) $ (1,966) $ (2,506) $ (60,346) $ 56,295 $ (4,051) Investments of Consolidated CFEs 3,290 7,952 11,242 (49,882) 568,982 519,100 Real Assets — (1,852) (1,852) 51,637 (56,597) (4,960) Equity Method - Other 22,507 (174,403) (151,896) 47,367 (16,300) 31,067 Other Investments (118) 863 745 1,561 (1,761) (200) Total Asset Management and Strategic Holdings $ 25,139 $ (169,406) $ (144,267) $ (9,663) $ 550,619 $ 540,956 Insurance Mortgage and Other Loan Receivables $ — $ 8,449 $ 8,449 $ — $ 6,196 $ 6,196 Other Investments — (53,001) (53,001) — (55,641) (55,641) Total Insurance $ — $ (44,552) $ (44,552) $ — $ (49,445) $ (49,445) Total Assets $ 25,139 $ (213,958) $ (188,819) $ (9,663) $ 501,174 $ 491,511 Liabilities Asset Management and Strategic Holdings Debt Obligations of Consolidated CFEs $ (3,524) $ 10,291 $ 6,767 $ — $ (635,153) $ (635,153) Total Asset Management and Strategic Holdings $ (3,524) $ 10,291 $ 6,767 $ — $ (635,153) $ (635,153) Insurance Policy Liabilities $ — $ 57,698 $ 57,698 $ — $ (671) $ (671) Total Insurance $ — $ 57,698 $ 57,698 $ — $ (671) $ (671) Total Liabilities $ (3,524) $ 67,989 $ 64,465 $ — $ (635,824) $ (635,824)

INSURANCE INTANGIBLES, UNEARNED

INSURANCE INTANGIBLES, UNEARNED REVENUE RESERVES AND UNEARNED FRONT-END LOADS	6 Months Ended
	Jun. 30, 2024
Insurance [Abstract]
INSURANCE INTANGIBLES, UNEARNED REVENUE RESERVES AND UNEARNED FRONT-END LOADS	NET INVESTMENT INCOME - INSURANCE Net investment income for Global Atlantic is comprised primarily of interest income, including amortization of premiums and accretion of discounts, based on yields that change due to expectations in projected cash flows, dividend income from common and preferred stock, earnings from investments accounted for under equity method accounting, and lease income on other investments. The components of net investment income were as follows: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Fixed Maturity Securities – Interest and Other Income $ 1,417,627 $ 1,086,016 $ 2,744,637 $ 2,136,812 Mortgage and Other Loan Receivables 629,555 472,074 1,189,237 931,220 Investments in Transportation and Other Leased Assets 84,046 78,727 162,506 154,915 Investments in Renewable Energy 11,811 17,346 25,402 37,929 Investments in Real Estate 52,259 43,360 98,238 79,461 Short-term and Other Investment Income 124,920 54,678 292,251 132,294 Income Assumed from Funds Withheld Receivable at Interest 18,483 25,681 40,716 47,782 Policy Loans 19,577 8,424 44,080 18,701 Income Ceded to Funds Withheld Payable at Interest (586,365) (317,260) (1,106,364) (618,483) Gross Investment Income 1,771,913 1,469,046 3,490,703 2,920,631 Less Investment Expenses: Investment Management and Administration 115,233 80,137 232,322 165,478 Transportation, Renewable Energy and Real-estate Asset Depreciation and Maintenance 49,768 57,226 99,919 106,388 Interest Expense on Derivative Collateral and Repurchase Agreements 26,414 20,628 58,062 37,013 Net Investment Income $ 1,580,498 $ 1,311,055 $ 3,100,400 $ 2,611,752 Net investment-related losses from insurance operations primarily consists of (i) realized gains (losses) from the disposal of investments, (ii) unrealized gains (losses) from investments held for trading, equity securities, real estate investments accounted for under investment company accounting, and investments with fair value remeasurements recognized in earnings as a result of the election of a fair-value option, (iii) unrealized gains (losses) on funds withheld receivable and payable at interest, (iv) unrealized gains (losses) from derivatives (excluding certain derivatives designated as hedge accounting instruments), and (v) allowances for credit losses, and other impairments of investments. Net investment-related losses were as follows: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Realized Losses on Available-for-sale Fixed Maturity Debt Securities $ (74,466) $ (55,471) $ (102,623) $ (52,039) Credit Loss Allowances on Available-for-sale Securities (20,627) (30,622) 8,740 (106,940) Credit Loss Allowances on Mortgage and Other Loan Receivables (44,554) (30,580) (171,456) (94,691) Allowances on Unfunded Commitments 31,839 39,594 27,261 31,594 Impairment of Available-for-sale Fixed Maturity Debt Securities Due to Intent to Sell — — — (26,741) Unrealized (Losses) Gains on Fixed Maturity Securities Classified as Trading (485,257) (66,627) (584,836) 309,663 Unrealized Losses on Investments Recognized under the Fair-value Option and Equity Investments (34,961) (3,440) (77,168) (59,213) Unrealized (Losses) Gains on Real Estate Investments Recognized at Fair Value Under Investment Company Accounting (28,766) (43,371) (106,777) 19,821 Net Gains (Losses) on Derivative Instruments 324,818 78,244 425,786 (269,981) Realized Gains on Funds Withheld at Interest Payable Portfolio 46,018 3,632 70,305 7,612 Realized (Losses) Gains on Funds Withheld at Interest Receivable Portfolio (20,762) (12,020) (23,048) 5,713 Other Realized (Losses) Gains 4,098 3,111 (10,290) (6,181) Net Investment-Related Losses $ (302,620) $ (117,550) $ (544,106) $ (241,383) Allowance for credit losses Available-for-sale fixed maturity securities The table below presents a roll-forward of the allowance for credit losses recognized for fixed maturity securities held by Global Atlantic: Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Corporate Structured Total Corporate Structured Total Balance, as of Beginning of Period $ 28,919 $ 181,041 $ 209,960 $ 49,008 $ 219,704 $ 268,712 Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance 13,649 383 14,032 22,343 1,260 23,603 Accretion of Initial Credit Loss Allowance on PCD Securities — 152 152 — 315 315 Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance (180) (2,968) (3,148) (240) (8,827) (9,067) Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance 22,222 (15,627) 6,595 17,128 (49,471) (32,343) Balances Charged Off — (12,377) (12,377) (23,629) (12,377) (36,006) Balance, as of End of Period $ 64,610 $ 150,604 $ 215,214 $ 64,610 $ 150,604 $ 215,214 Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 Corporate Structured Total Corporate Structured Total Balance, as of beginning of period $ 1,449 $ 199,665 $ 201,114 $ 1,298 $ 127,034 $ 128,332 Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance 20,586 1,808 22,394 20,737 47,008 67,745 Accretion of Initial Credit Loss Allowance on PCD Securities — 336 336 — 687 687 Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance — (2,774) (2,774) — (6,661) (6,661) Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance 916 7,312 8,228 916 38,279 39,195 Balance, as of End of Period $ 22,951 $ 206,347 $ 229,298 $ 22,951 $ 206,347 $ 229,298 Mortgage and other loan receivables Changes in the allowance for credit losses on mortgage and other loan receivables held by Global Atlantic are summarized below: Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Balance, as of Beginning of Period $ 360,408 $ 101,424 $ 214,164 $ 675,996 $ 319,631 $ 107,204 $ 175,608 $ 602,443 Net Provision (Release) 30,184 (9,047) 23,417 44,554 87,340 (14,188) 98,304 171,456 Charge-offs (82,225) (2,143) (41,125) (125,493) (98,604) (2,782) (82,564) (183,950) Recoveries of Amounts Previously Charged-off — — 6,199 6,199 — — 11,307 11,307 Balance, as of End of Period $ 308,367 $ 90,234 $ 202,655 $ 601,256 $ 308,367 $ 90,234 $ 202,655 $ 601,256 Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Balance, as of Beginning of Period $ 247,426 $ 134,447 $ 207,227 $ 589,100 $ 227,315 $ 125,824 $ 207,089 $ 560,228 Net Provision (Release) 6,440 7,218 16,922 30,580 26,551 17,534 50,606 94,691 Charge-offs (14,000) (1,729) (34,576) (50,305) (14,000) (3,422) (69,948) (87,370) Recoveries of Amounts Previously Charged-off — — 8,674 8,674 — — 10,500 10,500 Balance, as of End of Period $ 239,866 $ 139,936 $ 198,247 $ 578,049 $ 239,866 $ 139,936 $ 198,247 $ 578,049 Proceeds and gross gains and losses from voluntary sales The proceeds from voluntary sales and the gross gains and losses on those sales of available-for-sale ("AFS") fixed maturity securities were as follows: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 AFS Fixed Maturity Securities: Proceeds from Voluntary Sales $ 6,960,180 $ 1,728,403 $ 8,959,469 $ 3,135,328 Gross Gains $ 35,365 $ 15,101 $ 43,724 $ 30,565 Gross Losses $ (102,469) $ (70,812) $ (119,013) $ (80,856) The following reflects the reconciliation of the components of insurance intangibles to the total balance reported in the consolidated statements of financial condition as of June 30, 2024 and December 31, 2023: June 30, December 31, 2024 2023 Deferred Acquisition Costs $ 1,376,170 $ 1,154,697 Value of Business Acquired 1,209,232 1,252,984 Cost-of-reinsurance Intangibles 2,319,281 2,043,143 Total Insurance Intangibles $ 4,904,683 $ 4,450,824 Deferred acquisition costs The following tables reflect the deferred acquisition costs roll-forward by product category for the six months ended June 30, 2024 and 2023: Six Months Ended June 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Other Total Balance, as of the Beginning of the Period $ 373,863 $ 481,970 $ 132,079 $ 166,785 $ 1,154,697 Capitalizations 131,448 158,733 4,510 32,484 327,175 Amortization Expense (50,770) (41,817) (4,388) (8,727) (105,702) Balance, as of the End of the Period $ 454,541 $ 598,886 $ 132,201 $ 190,542 $ 1,376,170 Six Months Ended June 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Other Total Balance, as of the Beginning of the Period $ 221,679 $ 367,813 $ 116,021 $ 115,457 $ 820,970 Capitalizations 79,572 88,945 16,396 34,544 219,457 Amortization Expense (29,119) (27,531) (3,270) (7,036) (66,956) Balance, as of the End of the Period $ 272,132 $ 429,227 $ 129,147 $ 142,965 $ 973,471 Value of business acquired The following tables reflect the value of business acquired, or “VOBA” asset roll-forward by product category for the six months ended June 30, 2024 and 2023: Six Months Ended June 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 44,922 $ 621,372 $ 262,942 $ 245,042 $ 78,706 $ 1,252,984 Amortization Expense (1,868) (21,302) (6,863) (10,333) (3,386) (43,752) Balance, as of the End of the Period $ 43,054 $ 600,070 $ 256,079 $ 234,709 $ 75,320 $ 1,209,232 Six Months Ended June 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 48,762 $ 663,296 $ 276,795 $ 241,778 $ 85,898 $ 1,316,529 Amortization Expense (1,937) (20,595) (6,785) (12,649) (3,669) (45,635) Balance, as of the End of the Period $ 46,825 $ 642,701 $ 270,010 $ 229,129 $ 82,229 $ 1,270,894 The following tables reflect the negative value of business acquired, or “negative VOBA” liability roll-forward by product category for the six months ended June 30, 2024 and 2023: Six Months Ended June 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 65,966 $ 106,538 $ 421,213 $ 91,295 $ 182,920 $ 867,932 Amortization Expense (12,567) (17,252) (13,909) (3,100) (6,755) (53,583) Balance, as of the End of the Period $ 53,399 $ 89,286 $ 407,304 $ 88,195 $ 176,165 $ 814,349 Six Months Ended June 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 98,342 $ 145,610 $ 461,592 $ 99,776 $ 198,804 $ 1,004,124 Amortization Expense (16,799) (19,828) (17,857) (4,801) (8,909) (68,194) Balance, as of the End of the Period $ 81,543 $ 125,782 $ 443,735 $ 94,975 $ 189,895 $ 935,930 Unearned revenue reserves and unearned front-end loads Six Months Ended June 30, 2024 2023 Preneed Balance, as of the Beginning of the Period $ 178,053 $ 118,186 Deferral 34,544 36,360 Amortized to Income during the Period (7,735) (5,341) Balance, as of the End of the Period $ 204,862 $ 149,205

REINSURANCE

REINSURANCE	6 Months Ended
	Jun. 30, 2024
Insurance [Abstract]
REINSURANCE	REINSURANCE Global Atlantic maintains a number of reinsurance treaties with third parties whereby Global Atlantic assumes annuity and life policies on a coinsurance, modified coinsurance or funds withheld basis. Global Atlantic also maintains other reinsurance treaties including the cession of certain annuity, life and health policies. The effects of all reinsurance agreements on the consolidated statements of financial condition were as follows: June 30, 2024 December 31, 2023 Policy Liabilities: Direct $ 79,691,450 $ 75,715,857 Assumed 98,141,160 84,342,414 Total Policy Liabilities 177,832,610 160,058,271 Ceded (1) (45,282,565) (35,773,958) Net Policy Liabilities $ 132,550,045 $ 124,284,313 (1) Reported within reinsurance recoverable within the consolidated statements of financial condition. A key credit quality indicator is a counterparty’s AM Best financial strength rating. A.M. Best ratings are an independent opinion of a reinsurer’s ability to meet ongoing obligations to policyholders. Global Atlantic mitigates counterparty credit risk by requiring collateral and credit enhancements in various forms including engaging in funds withheld at interest and modified coinsurance transactions. The following shows the amortized cost basis of Global Atlantic’s reinsurance recoverable and funds withheld receivable at interest by credit quality indicator and any associated credit enhancements Global Atlantic has obtained to mitigate counterparty credit risk: As of June 30, 2024 As of December 31, 2023 A.M. Best Rating (1) Reinsurance Recoverable and Funds Withheld Receivable at Interest Credit Enhancements (2) Net Reinsurance Credit Exposure (3) Reinsurance Recoverable and Funds Withheld Receivable at Interest Credit Enhancements (2) Net Reinsurance Credit Exposure (3) A++ $ 31,937 $ — $ 31,937 $ 38,857 $ — $ 38,857 A+ 1,711,803 — 1,711,803 1,801,954 — 1,801,954 A 2,218,665 — 2,218,665 2,212,800 — 2,212,800 A- 4,114,137 3,621,593 492,544 4,430,484 3,814,976 615,508 B++ 896 — 896 589 — 589 B+ — — — — — — B — — — — — — B- — — — — — — C++/C+ (230) — — (228) — — Not Rated or Private Rating (4) 40,018,704 40,322,241 — 30,859,068 30,210,350 648,718 Total $ 48,095,912 $ 43,943,834 $ 4,455,845 $ 39,343,524 $ 34,025,326 $ 5,318,426 (1) Ratings are periodically updated (at least annually) as A.M. Best issues new ratings. (2) Credit enhancements primarily include funds withheld payable at interest. (3) Includes credit loss allowance of $24.2 million and $21.0 million as of June 30, 2024 and December 31, 2023, respectively, held against reinsurance recoverable and funds withheld receivable at interest. (4) Includes $40.0 billion and $30.8 billion as of June 30, 2024 and December 31, 2023, respectively, associated with cessions to co-investment vehicles (the "sponsored reinsurance vehicles") that participate in qualifying reinsurance transactions sourced by Global Atlantic. As of June 30, 2024 and December 31, 2023, Global Atlantic had $2.6 billion and $2.7 billion of funds withheld receivable at interest, respectively, with six counterparties related to modified coinsurance and funds withheld contracts. The assets supporting the funds withheld receivable at interest balance are held in trusts for the benefit of Global Atlantic. The effects of reinsurance on the consolidated statements of operations were as follows: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Net Premiums: Direct $ 130,510 $ 33,255 $ 165,373 $ 65,908 Assumed 1,622,987 1,135,174 10,732,365 1,753,904 Ceded (817,703) (542,000) (3,925,422) (719,759) Net Premiums $ 935,794 $ 626,429 $ 6,972,316 $ 1,100,053 Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Policy Fees: Direct $ 229,526 $ 229,043 $ 455,848 $ 456,900 Assumed 264,553 105,673 438,971 210,262 Ceded (160,179) (19,334) (231,972) (37,978) Net Policy Fees $ 333,900 $ 315,382 $ 662,847 $ 629,184 Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Net Policy Benefits and Claims: Direct $ 951,940 $ 785,168 $ 1,796,600 $ 1,733,287 Assumed 2,481,881 1,583,542 12,381,880 2,600,478 Ceded (1,234,661) (632,696) (4,718,251) (1,070,697) Net Policy Benefits and Claims $ 2,199,160 $ 1,736,014 $ 9,460,229 $ 3,263,068 Global Atlantic holds collateral for and provides collateral to its reinsurance clients. Global Atlantic held $46.7 billion and $36.7 billion of collateral in the form of funds withheld payable at interest on behalf of its reinsurers as of June 30, 2024 and December 31, 2023, respectively. As of both June 30, 2024 and December 31, 2023, reinsurers held collateral of $1.2 billion on behalf of Global Atlantic. A significant portion of the collateral that Global Atlantic provides to its reinsurance clients is provided in the form of assets held in a trust for the benefit of the counterparty. As of June 30, 2024 and December 31, 2023, these trusts held in excess of the $97.4 billion and $81.8 billion of assets they are required to hold in order to support reserves of $93.4 billion and $79.4 billion, respectively. Of the cash held in trust, Global Atlantic classified $164.4 million and $90.8 million as restricted as of June 30, 2024 and December 31, 2023, respectively.

NET INCOME (LOSS) ATTRIBUTABLE

NET INCOME (LOSS) ATTRIBUTABLE TO KKR & CO. INC. PER SHARE OF COMMON STOCK	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
NET INCOME (LOSS) ATTRIBUTABLE TO KKR & CO. INC. PER SHARE OF COMMON STOCK	NET INCOME (LOSS) ATTRIBUTABLE TO KKR & CO. INC. PER SHARE OF COMMON STOCK For the three and six months ended June 30, 2024 and 2023, basic and diluted Net Income (Loss) attributable to KKR & Co. Inc. per share of common stock were calculated as follows: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Net Income (Loss) Available to KKR & Co. Inc. $ 667,926 $ 844,463 $ 1,350,140 $ 1,167,207 (+) Series C Mandatory Convertible Preferred Dividend (if dilutive) — 17,249 — 34,499 Net Income (Loss) Available to KKR & Co. Inc. $ 667,926 $ 861,712 $ 1,350,140 $ 1,201,706 Basic Net Income (Loss) Per Share of Common Stock Weighted Average Shares of Common Stock Outstanding - Basic 887,394,513 861,553,274 886,200,169 861,332,121 Net Income (Loss) Attributable to KKR & Co. Inc. $ 0.75 $ 0.98 $ 1.52 $ 1.36 Diluted Net Income (Loss) Per Share of Common Stock Weighted Average Shares of Common Stock Outstanding - Basic 887,394,513 861,553,274 886,200,169 861,332,121 Incremental Common Shares: Assumed vesting of dilutive equity awards (1) 44,651,873 23,699,808 42,393,608 24,877,562 Assumed conversion of Series C Mandatory Convertible Preferred Stock — 26,894,799 — 26,858,884 Weighted Average Shares of Common Stock Outstanding - Diluted 932,046,386 912,147,881 928,593,777 913,068,567 Net Income (Loss) Attributable to KKR & Co. Inc. $ 0.72 $ 0.94 $ 1.45 $ 1.32 (1) For the three and six months ended June 30, 2024 and 2023, Weighted Average Shares of Common Stock Outstanding – Diluted includes unvested equity awards, including certain equity awards that have met their market price-based vesting condition but have not satisfied their service-based vesting condition. Vesting of these equity awards dilute equity holders of KKR Group Partnership, including KKR & Co. Inc. and holders of exchangeable securities pro rata in accordance with their respective ownership interests in KKR Group Partnership. Exchangeable Securities For the three and six months ended June 30, 2024 and 2023, vested restricted holdings units (as defined in Note 19 "Equity Based Compensation") have been excluded from the calculation of Net Income (Loss) Attributable to KKR & Co. Inc. Per Share of Common Stock - Diluted since the exchange of these units would not dilute KKR & Co. Inc.'s ownership interests in KKR Group Partnership. See Note 1 "Organization" in our financial statements. Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Weighted Average Vested Restricted Holdings Units 7,009,382 3,869,444 6,374,499 3,285,537 Market Condition Awards For the three months ended June 30, 2024 and 2023, 26.4 million and 22.5 million, respectively, and for the six months ended June 30, 2024 and 2023, 29.7 million and 22.5 million, respectively, of unvested equity awards that are subject to market price based and service-based vesting conditions were excluded from the calculation of Net Income (Loss) Attributable to KKR & Co. Inc. Per Share of Common Stock - Diluted since the market price based vesting condition was not satisfied. See Note 19 "Equity Based Compensation" in our financial statements.

OTHER ASSETS AND ACCRUED EXPENS

OTHER ASSETS AND ACCRUED EXPENSES AND OTHER LIABILITIES	6 Months Ended
	Jun. 30, 2024
OTHER ASSETS AND ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER LIABILITIES
OTHER ASSETS AND ACCRUED EXPENSES AND OTHER LIABILITIES	OTHER ASSETS AND ACCRUED EXPENSES AND OTHER LIABILITIES Other Assets consist of the following: June 30, 2024 December 31, 2023 Asset Management and Strategic Holdings Unsettled Investment Sales (1) $ 474,740 $ 271,544 Receivables 173,642 55,602 Due from Broker (2) 70,140 76,075 Deferred Tax Assets, net 42,377 48,580 Interest Receivable 382,608 351,999 Fixed Assets, net (3) 857,716 863,096 Foreign Exchange Contracts and Options (4) 274,943 264,621 Goodwill (5) 499,867 558,279 Intangible Assets (6) 1,425,327 1,624,648 Derivative Assets 9,119 4,792 Prepaid Taxes 224,009 211,966 Prepaid Expenses 49,082 56,828 Operating Lease Right of Use Assets (7) 329,512 358,684 Deferred Financing Costs 19,307 19,213 Other 247,872 209,296 Total Asset Management and Strategic Holdings $ 5,080,261 $ 4,975,223 Insurance Unsettled Investment Sales (1) and Derivative Collateral Receivables $ 23,910 $ 27,562 Deferred Tax Assets, net 2,752,645 2,273,757 Derivative Assets 31,007 45,694 Accrued Investment Income 1,428,261 1,220,781 Goodwill 501,496 501,496 Intangible Assets and Deferred Sales Inducements (8) 284,815 258,529 Operating Lease Right of Use Assets (7) 169,145 172,955 Premiums and Other Account Receivables 239,391 188,136 Other 171,654 152,486 Prepaid Taxes 49,400 42,294 Market Risk Benefit Asset 182 17 Total Insurance $ 5,651,906 $ 4,883,707 Total Other Assets $ 10,732,167 $ 9,858,930 (1) Primarily includes amounts due from third parties for investments sold for which cash settlement has not occurred. (2) Represents amounts held at clearing brokers resulting from securities transactions. (3) Net of accumulated depreciation and amortization of $292.4 million and $257.4 million as of June 30, 2024 and December 31, 2023, respectively. Depreciation and amortization expense of $17.9 million and $16.6 million for the three months ended June 30, 2024 and 2023, respectively, and $35.8 million and $32.4 million, for the six months ended June 30, 2024 and 2023, respectively, are included in General, Administrative and Other in the accompanying consolidated statements of operations. Additionally, KKR’s fixed assets are predominantly located in the United States. (4) Represents derivative financial instruments used to manage foreign exchange risk arising from certain foreign currency denominated investments. Such instruments are measured at fair value with changes in fair value recorded in Net Gains (Losses) from Investment Activities in the accompanying consolidated statements of operations. See Note 4 "Net Gains (Losses) from Investment Activities - Asset Management and Strategic Holdings" in our financial statements for the net changes in fair value associated with these instruments. (5) As of June 30, 2024, the carrying value of goodwill is recorded and assessed for impairment at the reporting unit. As of June 30, 2024, there are approximately $(92.6) million of cumulative foreign currency translation adjustments included in AOCI related to the goodwill recorded as result of the acquisition of KJRM. (6) As of June 30, 2024, there are approximately $(315.7) million of cumulative foreign currency translation adjustments included in AOCI related to the intangible assets recorded as result of the acquisition of KJRM. (7) For Asset Management, non-cancelable operating leases consist of leases for office space in North America, Europe, Asia and Australia. KKR is the lessee under the terms of the operating leases. The operating lease cost was $16.7 million and $17.7 million for the three months ended June 30, 2024 and 2023, respectively, and $33.3 million and $33.4 million for the six months ended June 30, 2024 and 2023, respectively. For Insurance, non-cancelable operating leases consist of leases for office space and land in the U.S. For the three months ended June 30, 2024 and 2023, the operating lease cost was $6.3 million and $6.8 million, respectively, and for the six months ended June 30, 2024 and 2023, the operating lease cost was $9.9 million and $13.6 million, respectively. (8) The definite life intangible assets are amortized using the straight-line method over the useful life of the assets which is an average of 14 years. The indefinite life intangible assets are not subject to amortization. The amortization expense of definite life intangible assets was $4.4 million for both the three months ended June 30, 2024 and 2023 and $8.8 million for both the six months ended June 30, 2024 and 2023. Accrued Expenses and Other Liabilities consist of the following: June 30, 2024 December 31, 2023 Asset Management and Strategic Holdings Amounts Payable to Carry Pool (1) $ 3,988,966 $ 2,664,694 Unsettled Investment Purchases (2) 1,128,579 574,986 Securities Sold Short (3) 134,297 149,136 Derivative Liabilities 70 2,382 Accrued Compensation and Benefits 276,304 210,625 Interest Payable 496,491 492,501 Foreign Exchange Contracts and Options (4) 226,240 441,608 Accounts Payable and Accrued Expenses 434,886 221,851 Taxes Payable 55,524 39,255 Uncertain Tax Positions 25,063 23,579 Unfunded Revolver Commitments 98,327 94,683 Operating Lease Liabilities (5) 333,904 360,852 Deferred Tax Liabilities, net 2,568,268 2,370,118 Other Liabilities 102,099 72,145 Total Asset Management and Strategic Holdings $ 9,869,018 $ 7,718,415 Insurance Unsettled Investment Purchases (2) and Derivative Collateral Liabilities $ 648,859 $ 205,669 Securities Sold Under Agreements to Repurchase 566,169 1,358,434 Accrued Expenses 620,949 607,262 Insurance Operations Balances in Course of Settlement 278,095 250,367 Operating Lease Liabilities (5) 190,359 193,566 Derivative Liabilities 304,162 146,197 Accrued Employee Related Expenses 67,179 370,984 Interest Payable 33,126 15,894 Tax Payable to Former Parent Company 48,386 62,545 Accounts and Commissions Payable 28,978 32,104 Other Tax Related Liabilities 13,990 12,984 Total Insurance $ 2,800,252 $ 3,256,006 Total Accrued Expenses and Other Liabilities $ 12,669,270 $ 10,974,421 (1) Represents the amount of carried interest payable to current and former KKR employees arising from KKR's investment funds and co-investment vehicles that provide for carried interest. (2) Primarily includes amounts owed to third parties for investment purchases for which cash settlement has not occurred. (3) Represents the obligations of KKR to deliver a specified security at a future point in time. Such securities are measured at fair value with changes in fair value recorded in Net Gains (Losses) from Investment Activities in the accompanying consolidated statements of operations. See Note 4 "Net Gains (Losses) from Investment Activities - Asset Management and Strategic Holdings" in our financial statements for the net changes in fair value associated with these instruments. (4) Represents derivative financial instruments used to manage foreign exchange risk arising from certain foreign currency denominated investments. Such instruments are measured at fair value with changes in fair value recorded in Net Gains (Losses) from Investment Activities in the accompanying consolidated statements of operations. See Note 4 "Net Gains (Losses) from Investment Activities - Asset Management and Strategic Holdings" in our financial statements for the net changes in fair value associated with these instruments. (5) For Asset Management, operating leases for office space have remaining lease terms that range from approximately 1 year to 17 years, some of which include options to extend the leases from 5 years to 10 years. The weighted average remaining lease terms were 10.2 years and 10.3 years as of June 30, 2024 and December 31, 2023, respectively. The weighted average discount rates were 2.9% and 2.9% as of June 30, 2024 and December 31, 2023, respectively. For Insurance, operating leases for office space have remaining lease terms that range from approximately 1 year to 11 years, some of which include options to extend the leases for up to 10 years. The weighted average remaining lease terms were 7.6 years as of both June 30, 2024 and December 31, 2023. The weighted average discount rates were 4.7% and 4.4% as of June 30, 2024 and December 31, 2023, respectively. The weighted average remaining lease terms for land were 42.8 years and 43.7 years as of June 30, 2024 and December 31, 2023, respectively.

VARIABLE INTEREST ENTITIES

VARIABLE INTEREST ENTITIES	6 Months Ended
	Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
VARIABLE INTEREST ENTITIES	VARIABLE INTEREST ENTITIES Consolidated VIEs KKR consolidates certain VIEs in which it is determined that KKR is the primary beneficiary. The consolidated VIEs are predominately CLOs and certain investment funds sponsored by KKR. The primary purpose of these VIEs is to provide strategy specific investment opportunities to earn investment gains, current income or both in exchange for management fees and performance income. KKR's investment strategies differ for these VIEs; however, the fundamental risks have similar characteristics, including loss of invested capital and loss of management fees and performance income. KKR does not provide performance guarantees and has no other financial obligation to provide funding to these consolidated VIEs, beyond amounts previously committed, if any. Furthermore, KKR consolidates certain VIEs that are formed by Global Atlantic to either (i) hold investments, including fixed maturity securities, consumer and other loans, renewable energy, transportation and real estate, or (ii) to conduct certain reinsurance activities with third party commitments. Unconsolidated VIEs KKR holds variable interests in certain VIEs which are not consolidated as it has been determined that KKR is not the primary beneficiary. VIEs that are not consolidated predominantly include certain investment funds sponsored by KKR as well as certain investment partnerships where Global Atlantic retains an economic interest. KKR's investment strategies differ by investment fund; however, the fundamental risks have similar characteristics, including loss of invested capital and loss of management fees and performance income. KKR's maximum exposure to loss as a result of its investments in the unconsolidated investment funds is the carrying value of such investments, including KKR's capital interest and any unrealized carried interest. Accordingly, disaggregation of KKR's involvement by type of unconsolidated investment fund would not provide more useful information. For these unconsolidated investment funds in which KKR is the sponsor, KKR may have an obligation as general partner to provide commitments to such investment funds. As of June 30, 2024, KKR's commitments to these unconsolidated investment funds were $3.2 billion. KKR has not provided any financial support other than its obligated amount as of June 30, 2024. Additionally, Global Atlantic also has unfunded commitments of $26.0 million in relation to other investment partnership interests as of June 30, 2024. As of June 30, 2024 and December 31, 2023, the maximum exposure to loss, before allocations to the carry pool and noncontrolling interests, if any, for those VIEs in which KKR is determined not to be the primary beneficiary but in which it has a variable interest is as follows: Asset Management and Strategic Holdings June 30, 2024 December 31, 2023 Investments $ 9,241,215 $ 7,877,904 Due from (to) Affiliates, net 1,313,837 1,097,939 Maximum Exposure to Loss $ 10,555,052 $ 8,975,843 Insurance Other Investment Partnerships $ 795,263 $ 169,265 Investment in Renewable Energy 44,935 55,485 Maximum Exposure to Loss $ 840,198 $ 224,750 Total Maximum Exposure to Loss $ 11,395,250 $ 9,200,593

DEBT OBLIGATIONS

DEBT OBLIGATIONS	6 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
DEBT OBLIGATIONS	DEBT OBLIGATIONS Asset Management and Strategic Holdings Debt Obligations KKR enters into credit agreements and issues debt for its general operating and investment purposes. KKR's Asset Management and Strategic Holdings debt obligations consisted of the following: June 30, 2024 December 31, 2023 By remaining maturity at Financing Available Principal Carrying Value Fair Value Financing Available Principal Carrying Value Fair Value Revolving Credit Facilities: (1) Under 1 Year 750,000 — — — 750,000 — — — 1-5 Years 2,217,633 — — — 2,236,492 — — — After 5 Years — — — — — — — — Subtotal 2,967,633 — — — 2,986,492 — — — KKR USD Senior Notes: (2)(3)(6)(8) Under 1 Year — — — — — — — — 1-5 Years — 750,000 745,555 703,140 — — — — After 5 Years — 4,250,000 4,166,604 3,429,969 — 5,000,000 4,890,919 4,181,595 Subtotal — 5,000,000 4,912,159 4,133,109 — 5,000,000 4,890,919 4,181,595 KKR Yen Senior Notes: (2)(3)(6) Under 1 Year — 31,069 30,986 31,013 — — — — 1-5 Years — 811,508 807,698 805,121 — 610,552 608,047 606,447 After 5 Years — 578,494 571,303 546,985 — 363,069 357,986 337,097 Subtotal — 1,421,071 1,409,987 1,383,119 — 973,621 966,033 943,544 KKR Euro Senior Notes: (2)(3)(6) Under 1 Year — — — — — — — — 1-5 Years — 696,155 691,604 627,354 — 717,400 712,331 646,248 After 5 Years — — — — — — — — Subtotal — 696,155 691,604 627,354 — 717,400 712,331 646,248 KKR Subordinated Notes: (2)(3)(7) Under 1 Year — — — — — — — — 1-5 Years — — — — — — — — After 5 Years — 500,000 486,933 385,200 — 500,000 486,755 377,400 Subtotal — 500,000 486,933 385,200 — 500,000 486,755 377,400 KFN USD Senior Notes: (2)(3)(4)(9) Under 1 Year — — — — — — — — 1-5 Years — — — — — — — — After 5 Years — 690,000 684,379 613,250 — 690,000 684,032 624,018 Subtotal — 690,000 684,379 613,250 — 690,000 684,032 624,018 KFN Junior Subordinated Notes: (2)(4)(5)(9) Under 1 Year — — — — — — — — 1-5 Years — — — — — — — — After 5 Years — 258,517 239,465 213,631 — 258,517 238,801 208,902 Subtotal — 258,517 239,465 213,631 — 258,517 238,801 208,902 Total KKR & KFN Notes 2,967,633 8,565,743 8,424,527 7,355,663 2,986,492 8,139,538 7,978,871 6,981,707 Other Debt Obligations: (1)(8) 7,832,887 37,355,490 36,971,720 36,819,529 6,618,692 37,274,503 36,907,999 36,699,920 Total 10,800,520 45,921,233 45,396,247 44,175,192 9,605,184 45,414,041 44,886,870 43,681,627 (1) Financing available is reduced by the dollar amounts specified in any issued letters of credit. (2) Carrying value includes: (i) unamortized note discount (net of premium), as applicable and (ii) unamortized debt issuance costs, as applicable. Financing costs related to the issuance of the notes have been deducted from the note liability and are being amortized over the life of the notes. (3) Interest rates of the notes are fixed and the weighted average interest rates are the following: June 30, 2024 December 31, 2023 KKR USD Senior Notes 4.23% 4.23% KKR Yen Senior Notes 1.67% 1.46% KKR Euro Senior Notes 1.63% 1.63% KKR Subordinated Notes 4.63% 4.63% KFN USD Senior Notes 5.44% 5.44% (4) These debt obligations are classified as Level III within the fair value hierarchy and valued using the same valuation methodologies as KKR's Level III credit investments. (5) Interest rates of the notes are floating and the weighted average interest rate is 8.1% and 8.1% and the weighted average years to maturity is 12.3 years and 12.8 years as of June 30, 2024 and December 31, 2023, respectively. (6) The notes are classified as Level II within the fair value hierarchy and fair value is determined by third party broker quotes. (7) The notes are classified as Level I within the fair value hierarchy and fair value is determined by quoted prices in active markets since the debt is publicly listed. (8) As of June 30, 2024 and December 31, 2023, the principal value, carrying value and fair value reflects the elimination for the portion of applicable debt obligations that are held by Global Atlantic (9) KKR consolidates and reports debt obligations of KKR Financial Holdings LLC, a KKR subsidiary ("KFN"), which are non-recourse to KKR beyond the assets of KFN. From time to time, KKR may provide credit support for the funding obligations of its subsidiaries. Third Amended and Restated Credit Agreement On July 3, 2024, KKR Group Partnership L.P. and Kohlberg Kravis Roberts & Co. L.P. (collectively, the “Borrowers”), entered into a Third Amended and Restated Credit Agreement (the “Corporate Credit Agreement”) by and among the Borrowers, the guarantors from time to time party thereto (together with the Borrowers, the “Loan Parties”), the lending institutions from time to time party thereto and HSBC Bank USA, National Association, as administrative agent (the “Administrative Agent”), which amends and restates in its entirety the Second Amended and Restated Credit Agreement, dated as of August 4, 2021 (as amended by the First Amendment and Lender Joiner Agreement, dated as of September 2, 2022), by and among the Loan Parties, the lending institutions from time to time party thereto and the Administrative Agent. The Corporate Credit Agreement provides the Borrowers with a senior unsecured multicurrency revolving credit facility (the “Corporate Credit Facility”) in an aggregate principal amount of $2.75 billion, as of July 3, 2024, with the option to request an increase in the facility amount of up to an additional $750 million, for an aggregate principal amount of $3.50 billion, subject to certain conditions. The Corporate Credit Facility is a five-year facility, scheduled to mature on July 3, 2029, with the Borrowers’ option to extend the maturity date, subject to the consent of the applicable lenders, and the Borrowers may prepay, terminate or reduce the commitments under the Corporate Credit Facility at any time without penalty. Borrowings under the Corporate Credit Facility are available for general corporate purposes and available in U.S. dollars and other currencies. Interest on borrowings in U.S. dollars under the Corporate Credit Facility will be based on either term Secured Overnight Financing Rate (SOFR) or alternate base rate, with the applicable margin per annum based on a corporate ratings-based grid. The Borrowers have agreed to pay a facility fee on the total commitments at a rate per annum also based on a corporate ratings-based grid. Borrowings under the Corporate Credit Facility are guaranteed by KKR & Co. Inc. and any entity (other than the Borrowers) that guarantees certain specified senior notes of KKR & Co. Inc.’s financing subsidiaries. Certain other terms of the Corporate Credit Agreement include: (i) financial covenants that require KKR & Co. Inc. and its subsidiaries to maintain a maximum leverage ratio (excluding the indebtedness of KKR Financial Holdings LLC and The Global Atlantic Financial Group LLC and their respective subsidiaries) of not greater than 4.0x covenant EBITDA and to maintain at least $150 billion in fee paying assets under management; (ii) customary affirmative covenants and certain negative covenants, including a limitation on the ability of the Borrowers and the guarantors to, among other things, pledge the stock of their subsidiaries; and (iii) customary events of default, upon the occurrence of which the lenders will have the ability to accelerate all outstanding loans thereunder and terminate the commitments. KKR Group Finance Co. XI LLC May 2024 Notes Offering On May 30, 2024, KKR Group Finance Co. XI LLC, an indirect subsidiary of KKR & Co. Inc., completed the offering of (i) ¥44,600,000,000 aggregate principal amount of its 1.559% Senior Notes due 2029 (the “2029 Notes”), (ii) ¥1,000,000,000 aggregate principal amount of its 1.762% Senior Notes due 2031 (the “2031 Notes”), (iii) ¥26,200,000,000 aggregate principal amount of its 2.083% Senior Notes due 2034 (the “2034 Notes”), (iv) ¥10,000,000,000 aggregate principal amount of its 2.719% Senior Notes due 2044 (the “2044 Notes”) and (v) ¥9,600,000,000 aggregate principal amount of its 3.008% Senior Notes due 2054 (the “2054 Notes” and, together with the 2029 Notes, the 2031 Notes, the 2034 Notes and the 2044 Notes, the “ Yen Notes”). The Yen Notes are guaranteed by the KKR & Co. Inc. and KKR Group Partnership L.P. Interest on the Yen Notes accrues from May 30, 2024 and is payable semi-annually in arrears on May 30 and November 30 of each year, commencing on November 30, 2024 and ending on the applicable maturity date unless earlier redeemed. The Yen Notes are unsecured and unsubordinated obligations of KKR Group Finance Co. XI LLC. The Yen Notes are fully and unconditionally guaranteed, jointly and severally, by each of the guarantors. The guarantees are unsecured and unsubordinated obligations of the guarantors. The Yen Notes were issued pursuant to an indenture dated as of April 26, 2022, among KKR Group Finance Co. XI LLC, KKR Group Co. Inc. (formerly known as KKR & Co. Inc.), KKR Group Partnership and The Bank of New York Mellon Trust Company, N.A., as trustee (as supplemented, the “Indenture”). The Indenture includes covenants, including limitations on KKR Group Finance Co. XI LLC’s and the guarantors’ ability to, subject to exceptions, incur indebtedness secured by liens on voting stock or profit participating equity interests of their subsidiaries or merge, consolidate or sell, transfer or convey all or substantially all of their assets. The Indenture also provides for events of default and further provides that the trustee or the holders of not less than 25% in aggregate principal amount of the outstanding Yen Notes may declare the Yen Notes immediately due and payable upon the occurrence and during the continuance of any event of default after expiration of any applicable grace period. In the case of specified events of bankruptcy, insolvency, receivership or reorganization, the principal amount of the Yen Notes and any accrued and unpaid interest on the Yen Notes automatically become due and payable. If a change of control repurchase event occurs, the Yen Notes are subject to repurchase by KKR Group Finance Co. XI LLC at a repurchase price in cash equal to 101% of the aggregate principal amount of the Yen Notes repurchased plus any accrued and unpaid interest on the Yen Notes repurchased to, but not including, the date of repurchase. KCM 364-Day Revolving Credit Facility On April 4, 2024, KKR Capital Markets Holdings L.P. and certain other capital markets subsidiaries (the "KCM Borrowers") replaced their existing 364-day revolving credit agreement with a new 364-day revolving credit agreement (the "KCM 364-Day Revolving Credit Facility”) with Mizuho Bank, Ltd., as administrative agent, and one or more lenders party thereto. The KCM 364-Day Revolving Credit Facility replaces the prior 364-day revolving credit facility, dated as of April 7, 2023, between the KCM Borrowers and the administrative agent, and one or more lenders party to the prior facility, which was terminated according to its terms on April 4, 2024. The KCM 364-Day Revolving Credit Facility provides for revolving borrowings up to $750 million, expires on April 3, 2025, and ranks pari passu with the existing $750 million revolving credit facility provided by them for KKR's capital markets business (the "KCM Credit Facility"). If a borrowing is made under the KCM 364-Day Revolving Credit Agreement, the interest rate will vary depending on the type of drawdown requested. If the borrowing is (i) denominated in U.S. dollars and a term rate, it will be based on the term Secured Overnight Financing Rate ("SOFR"), (ii) denominated in euros, it will be based on EURIBOR and (iii) denominated in pounds sterling, it will be based on the Sterling Overnight Interbank Average Rate ("SONIA"), in each case, plus the applicable margin which ranges initially between 1.50% and 2.75%, depending on the duration of the loan. If the borrowing is an ABR Loan, it will be based on the greater of (i) the federal funds rate plus 0.50% and (ii) term SOFR for one-month tenor plus 1.00%, in each case, plus the applicable margin which ranges initially between 0.50% and 1.75% depending on the amount and nature of the loan. Borrowings under the KCM 364-Day Revolving Credit Agreement may only be used to facilitate the settlement of debt transactions syndicated by KKR's capital markets business. Obligations under the KCM 364-Day Revolving Credit Agreement are limited to the KCM Borrowers, which are solely entities involved in KKR's capital markets business, and liabilities under the KCM 364-Day Revolving Credit Agreement are non-recourse to other parts of KKR. The KCM 364-Day Revolving Credit Facility contains customary representations and warranties, events of default, and affirmative and negative covenants, including a financial covenant providing for a maximum debt to equity ratio for the KCM Borrowers. The KCM Borrowers' obligations under the KCM 364-Day Revolving Credit Facility are secured by certain assets of the KCM Borrowers, including a pledge of equity interests of certain subsidiaries of the KCM Borrowers. KCM Credit Facility On April 4, 2024, the KCM Borrowers (as defined above) also entered into a fourth amended and restated 5-year revolving credit agreement (the “KCM Credit Facility”) with Mizuho Bank, Ltd., as administrative agent, and the lenders party thereto. This facility provides for revolving borrowings of up to $750 million with a $750 million sublimit for letters of credit, expires on April 4, 2029 and ranks pari passu with the KCM 364-Day Revolving Credit Facility. The prior facility for the KCM Borrowers, dated as of March 20, 2020 (as amended), between the KCM Borrowers, Mizuho Bank, Ltd., as administrative agent, and the lenders party thereto, was terminated according to its terms on April 4, 2024 and replaced by the KCM Credit Facility. If a borrowing is made on the KCM Credit Facility, the interest rate will vary depending on the type of drawdown requested. If the borrowing is (i) denominated in U.S. dollars and a term rate, it will be based on term SOFR, (ii) denominated in euros, it will be based on EURIBOR and (iii) denominated in pounds sterling, it will be based on SONIA, in each case, plus the applicable margin which ranges initially between 1.75% and 3.00%, depending on the amount and nature of the loan. If the loan is an ABR Loan, it will be based on the greater of (i) the federal funds rate plus 0.50% and (ii) term SOFR for one-month tenor plus 1.00%, in each case, plus the applicable margin which ranges initially between 0.75% and 2.00% depending on the amount and nature of the loan. Obligations under the KCM Credit Facility may only be used for KKR’s capital markets business, and its only obligors are entities involved in KKR’s capital markets business, and its liabilities are non-recourse to other parts of KKR’s business. The KCM Credit Facility contains customary representations and warranties, events of default, and affirmative and negative covenants, including a financial covenant providing for a maximum debt to equity ratio for the KCM Borrowers. The KCM Borrowers’ obligations under the KCM Credit Facility are secured by certain assets of the KCM Borrowers, including a pledge of equity interests of certain subsidiaries of the KCM Borrowers. Other Asset Management and Strategic Holdings Debt Obligations Certain of KKR's consolidated investment funds have entered into financing arrangements with financial institutions, generally to provide liquidity to such investment funds. These financing arrangements are generally not direct obligations of the general partners of KKR's investment funds (beyond KKR's capital interest) or its management companies. Such borrowings have varying maturities and bear interest at floating rates. Borrowings are generally secured by the investment purchased with the proceeds of the borrowing and/or the uncalled capital commitment of each respective fund. When an investment vehicle borrows, the proceeds are available only for use by that investment vehicle and are not available for the benefit of other investment vehicles or KKR. Collateral within each investment vehicle is also available only against borrowings by that investment vehicle and not against the borrowings of other investment vehicles or KKR. In certain other cases, investments and other assets held directly by majority-owned consolidated investment vehicles and other entities have been funded with borrowings that are collateralized by the investments and assets they own. These borrowings are non-recourse to KKR beyond the investments or assets serving as collateral or the capital that KKR has committed to fund such investment vehicles. Such borrowings have varying maturities and generally bear interest at fixed rates. In addition, consolidated CFEs issue debt securities to third-party investors which are collateralized by assets held by the CFE. Debt securities issued by CFEs are supported solely by the assets held at the CFEs and are not collateralized by assets of any other KKR entity. CFEs also may have warehouse facilities with banks to provide liquidity to the CFE. The CFE's debt obligations are non-recourse to KKR beyond the assets of the CFE. As of June 30, 2024, other debt obligations consisted of the following: Financing Available Principal Carrying Value Fair Value Weighted Weighted Average Remaining Maturity in Years Financing Facilities of Consolidated Funds and Other (1) $ 7,832,887 $ 11,745,438 $ 11,718,600 $ 11,566,409 6.5% 4.4 Debt Obligations of Consolidated CFEs — 25,610,052 25,253,120 25,253,120 (2) 9.9 $ 7,832,887 $ 37,355,490 $ 36,971,720 $ 36,819,529 (1) Includes borrowings collateralized by fund investments, fund co-investments and other assets held by levered investment vehicles of $2.8 billion. (2) The senior notes of the consolidated CFEs had a weighted average interest rate of 6.8%. The subordinated notes of the consolidated CLOs do not have contractual interest rates but instead receive a pro rata amount of the net distributions from the excess cash flows of the respective CLO vehicle. Accordingly, weighted average borrowing rates for the subordinated notes are based on cash distributions during the period, if any. Debt obligations of consolidated CLOs are collateralized by assets held by each respective CLO vehicle and assets of one CLO vehicle may not be used to satisfy the liabilities of another. As of June 30, 2024, the fair value of the consolidated CLO assets was $27.6 billion. This collateral consisted of Cash and Cash Equivalents, Investments, and Other Assets. Global Atlantic's debt obligations consisted of the following: June 30, 2024 December 31, 2023 By remaining maturity at Financing Available Principal Carrying Value (1) Fair Value (2) Financing Available Principal Carrying Value (1) Fair Value (2) Revolving Credit Facilities: Under 1 Year — — — — — — — — 1-5 Years 1,000,000 — — — 800,000 200,000 200,000 200,000 After 5 Years — — — — — — — — Subtotal 1,000,000 — — — 800,000 200,000 200,000 200,000 Senior Notes: (4) Under 1 Year — — — — — — — — 1-5 Years — — — — — — — — After 5 Years — 2,550,000 2,334,126 2,460,705 — 1,800,000 1,648,467 1,715,155 Subtotal — 2,550,000 2,334,126 2,460,705 — 1,800,000 1,648,467 1,715,155 Subordinated Notes: (4) Under 1 Year — — — — — — — — 1-5 Years — — — — — — — — After 5 Years — 1,350,000 1,329,383 1,301,445 — 750,000 739,390 643,575 Subtotal — 1,350,000 1,329,383 1,301,445 — 750,000 739,390 643,575 Debt Obligations of Consolidated Special Purpose Vehicles (3) 305,300 34,700 34,700 34,700 — — — — Total 1,305,300 3,934,700 3,698,209 3,796,850 800,000 2,750,000 2,587,857 2,558,730 (1) Carrying value of debt as of June 30, 2024 and December 31, 2023, includes purchase accounting adjustments of $37.6 million and $40.2 million, respectively, net debt issuance costs of $(59.3) million and $(36.5) million, respectively, and cumulative fair value loss on hedged debt obligations of $(214.8) million and $(165.8) million, respectively. The amortization of the purchase accounting adjustments was $1.8 million and $0.8 million for the three months ended June 30, 2024 and 2023, and $2.6 million and $1.6 million for the six months ended June 30, 2024 and 2023, respectively. (2) These debt obligations are classified as Level III within the fair value hierarchy and valued using the same valuation methodologies as KKR's Level III credit investments. (3) These debt obligations primarily include debt obligations of consolidated sponsored reinsurance vehicles that are not guaranteed by KKR or Global Atlantic. (4) Interest rates of the notes are fixed and the weighted average interest rates are the following: June 30, 2024 December 31, 2023 Senior Notes 5.67% 5.22% Subordinated Notes 6.14% 4.70% Senior Notes Due 2054 Global Atlantic (Fin) Company ("GA FinCo") and Global Atlantic Limited (Delaware) (formerly known as Global Atlantic Financial Limited, "GALD") are both Delaware corporations and wholly-owned indirect subsidiaries of TGAFG, the holding company for the Global Atlantic business. In March 2024, GA FinCo issued $750 million aggregate principal amount of 6.750% senior unsecured notes due 2054 (the “GA 2054 Senior Notes”). The GA 2054 Senior Notes were issued pursuant to an indenture, dated October 7, 2019, among GA FinCo, as issuer, GALD, as guarantor, and U.S. Bank National Association, as trustee, and supplemented by the fifth supplemental indenture thereto, dated March 15, 2024, among GA FinCo, GALD and the trustee. The GA 2054 Senior Notes are fully and unconditionally guaranteed on a senior unsecured basis by GALD. The GA 2054 Senior Notes bear interest at a rate of 6.750% per year. Interest on the GA 2054 Senior Notes is payable semi-annually in arrears on March 15 and September 15 of each year, beginning on September 15, 2024. The GA 2054 Senior Notes will mature on March 15, 2054. GA FinCo may, at its option, redeem some or all of the GA 2054 Senior Notes at any time: (i) prior to September 15, 2053 at a redemption price equal to the greater of 100% of the principal amount of the GA 2054 Senior Notes to be redeemed and a make-whole payment plus, in either case, accrued and unpaid interest, if any, to the date of redemption; and (ii) on or after September 15, 2053 at a redemption price equal to 100% of the principal amount of the GA 2054 Senior Notes to be redeemed, plus accrued and unpaid interest to the date of redemption. Global Atlantic Subordinated Notes Due 2054 On June 11 2024, GA FinCo issued $600 million of 7.950% fixed-to-fixed rate subordinated debentures maturing on October 15, 2054 (the “GA 2054 Subordinated Debentures.”) The GA 2054 Subordinated Debentures were issued pursuant to the Subordinated Indenture, dated as of July 6, 2021 among GA FinCo, as issuer, GALD, as guarantor, and U.S. Bank National Association, as trustee, as supplemented by the Second Supplemental Indenture thereto, dated as of June 11, 2024. The GA 2054 Subordinated Debentures will bear interest (i) from, and including, June 11, 2024 to, but not including, the initial interest reset date of October 15, 2029 at an annual rate of 7.95% and (ii) from and including October 15, 2029, during each interest reset period, at an annual rate equal to the five-year Treasury rate as of the most recent reset interest determination date, plus 3.608%. Interest on the GA 2054 Subordinated Debentures is payable semi-annually in arrears on April 15 and October 15 of each year, commencing on October 15, 2024, and on the maturity date. GA FinCo has the right on one or more occasions to defer the payment of interest on the GA 2054 Subordinated Debentures for up to five If GA FinCo has exercised its right to defer interest payments on the GA 2054 Subordinated Debentures, GA FinCo and GALD generally may not (1) make payments on or redeem or purchase (A) GA FinCo or GALD common stock, or (B) with respect to GA FinCo, any indebtedness ranking on parity with or junior to the GA 2054 Subordinated Debentures, and with respect to GALD, any indebtedness ranking on parity with or junior to the guarantee or (2) make any guarantee payments with respect to any guarantee by GA FinCo or GALD of any securities or any of their respective subsidiaries if such guarantee ranks equally with or junior to the GA 2054 Subordinated Debentures. GA FinCo may elect to redeem the GA 2054 Subordinated Debentures either (1) in whole at any time or in part from time to time during the three-month period prior to, and including, October 15, 2029, or the three month period prior to, and including, each subsequent interest reset date, in each case at 100% of the principal amount of the GA 2054 Subordinated Debentures being redeemed, plus accrued and unpaid interest (including compounded interest, if any) to, but excluding, the redemption date; (2) in whole, but not in part, at any time within 90 days after the occurrence of a tax event at 100% of the principal amount of the GA 2054 Subordinated Debentures being redeemed, plus accrued and unpaid interest (including compounded interest, if any) to, but excluding, the redemption date; (3) in whole, but not in part, at any time within 90 days after the occurrence of a rating agency event at 102% of the principal amount of the GA 2054 Subordinated Debentures being redeemed, plus accrued and unpaid interest (including compounded interest, if any) to, but excluding, the redemption date; or (4) in whole, but not in part, at any time within 90 days after the occurrence of a regulatory capital event at 100% of the principal amount of the GA 2054 Subordinated Debentures being redeemed, plus accrued and unpaid interest (including compounded interest, if any) to, but excluding, the redemption date. Global Atlantic Credit Agreement In March 2024, GA FinCo repaid $300 million then outstanding indebtedness under the Global Atlantic Credit Agreement with proceeds from the GA 2054 Senior Notes. In May 2024, subsequent to the end of the quarter, GA FinCo terminated the existing revolving credit facility (“RCF”) and replaced it with a new credit agreement with GA FinCo, as borrower, GALD, as guarantor, and Wells Fargo Bank, N.A., as administrative agent, that (1) provides for up to $1.0 billion of revolving borrowings, including up to $500 million of letters of credit, (2) has a maturity of May 2029, and (3) contains customary events of default, representations and warranties and covenants that are substantially similar to those that were in the terminated RCF, including the consolidated debt to capitalization and net worth covenants. Interest on any funded borrowings accrues at SOFR plus a spread ranging from 1.225% to 1.975%, based on GALD’s long-term issuer credit ratings. The borrower must pay a commitment fee on any unfunded committed balance under the agreement, ranging from 0.125% to 0.300% based on the long-term issuer credit rating. Debt Covenants Borrowings of KKR (including Global Atlantic) contain various debt covenants. These covenants do not, in management's opinion, materially restrict KKR's operating business or investment strategies as of June 30, 2024. KKR (including Global Atlantic) was in compliance with such debt covenants in all material respects as of June 30, 2024.

POLICY LIABILITIES

POLICY LIABILITIES	6 Months Ended
	Jun. 30, 2024
Insurance [Abstract]
POLICY LIABILITIES	POLICY LIABILITIES The following reflects the reconciliation of the components of policy liabilities to the total balance reported in the consolidated statements of financial condition as of June 30, 2024 and December 31, 2023: June 30, 2024 December 31, 2023 Policyholders’ Account Balances $ 132,487,893 $ 125,187,354 Liability for Future Policy Benefits 26,186,400 17,823,750 Additional Liability for Annuitization, Death, or Other Insurance Benefits 7,303,662 7,129,785 Market Risk Benefit Liability 1,019,763 1,120,968 Other Policy-related Liabilities (1) 10,834,892 8,796,414 Total Policy Liabilities $ 177,832,610 $ 160,058,271 (1) Other policy-related liabilities as of June 30, 2024 and December 31, 2023 primarily consist of embedded derivatives associated with contractholder deposit funds ($5.0 billion and $4.0 billion, respectively), cost-of-reinsurance liabilities ($3.0 billion and $1.8 billion, respectively), policy liabilities accounted under a fair value option (both $1.2 billion), negative VOBA ($814.3 million and $867.9 million, respectively) and outstanding claims ($243.8 million and $235.1 million, respectively). Policyholders’ account balances The following reflects the policyholders’ account balances roll-forward for the six months ended June 30, 2024 and 2023, and the policyholders’ account balances weighted average interest rates, net amount at risk, and cash surrender value as of those dates: Six Months Ended June 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Funding Agreements Other (1) Total Balance as of Beginning of Period $ 56,762,736 $ 30,168,445 $ 21,969,053 $ 7,015,998 $ 9,271,122 $ 125,187,354 Issuances and Premiums Received 9,926,540 3,662,304 1,414,207 895,933 1,430,405 17,329,389 Benefit Payments, Surrenders, and Withdrawals (6,145,728) (2,704,230) (681,941) (1,063,523) (801,409) (11,396,831) Interest (2) 1,053,040 346,887 352,641 138,914 165,570 2,057,052 Other Activity (3) (225,594) 59,542 (575,880) (1,795) 54,656 (689,071) Balance as of End of Period $ 61,370,994 $ 31,532,948 $ 22,478,080 $ 6,985,527 $ 10,120,344 $ 132,487,893 Less: Reinsurance Recoverable (11,423,532) (3,153,563) (7,628,349) — (3,743,640) (25,949,084) Balance as of End of Period, Net of Reinsurance Recoverable $ 49,947,462 $ 28,379,385 $ 14,849,731 $ 6,985,527 $ 6,376,704 $ 106,538,809 Average Interest Rate 3.78 % 2.48 % 3.26 % 3.97 % 3.33 % 3.34 % Net Amount at Risk, Gross of Reinsurance (4) $ — $ — $ 115,293,057 $ — $ 1,152,757 $ 116,445,814 Cash Surrender Value (5) $ 46,935,572 $ 30,590,374 $ 14,067,672 $ — $ 4,543,336 $ 96,136,954 (1) “Other” consists of activity related to payout annuities without life contingencies, preneed, variable annuities and life products. (2) Interest includes interest credited to policyholders’ account values, and interest accreted in other components of the policyholder account balance, including investment-type contract values, host amounts for contractholder deposits with embedded derivatives, funding agreements and other associated reserves. (3) “Other activity” includes policy charges, fees and commissions, transfers, assumption changes, fair value changes and the impact of hedge fair value adjustments. (4) Net amount at risk represents the difference between the face value of the insurance policy and the reserve accumulated under that same policy. (5) Cash surrender values are reported net of any applicable surrender charges, net of reinsurance. Six Months Ended June 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Funding Agreements Other (1) Total Balance as of Beginning of Period $ 48,510,703 $ 29,123,926 $ 17,397,185 $ 7,535,489 $ 9,713,933 $ 112,281,236 Issuances and Premiums Received 4,806,261 2,714,727 361,289 200,000 219,980 8,302,257 Benefit Payments, Surrenders, and Withdrawals (4,662,115) (2,005,875) (454,520) (280,367) (818,454) (8,221,331) Interest (2) 714,552 242,348 233,704 108,293 149,183 1,448,080 Other Activity (3) (132,690) (20,889) (226,377) 41,456 129,572 (208,928) Balance as of End of Period $ 49,236,711 $ 30,054,237 $ 17,311,281 $ 7,604,871 $ 9,394,214 $ 113,601,314 Less: Reinsurance Recoverable (6,849,070) (3,225,203) (3,499,441) — (3,020,941) (16,594,655) Balance as of End of Period, Net of Reinsurance Recoverable $ 42,387,641 $ 26,829,034 $ 13,811,840 $ 7,604,871 $ 6,373,273 $ 97,006,659 Average Interest Rate 2.90 % 1.82 % 3.14 % 2.88 % 2.69 % 2.59 % Net Amount at Risk, Gross of Reinsurance (4) $ — $ — $ 83,314,521 $ — $ 1,183,790 $ 84,498,311 Cash Surrender Value (5) $ 39,742,358 $ 27,548,010 $ 12,894,769 $ — $ 4,679,664 $ 84,864,801 (1) “Other” consists of activity related to payout annuities without life contingencies, preneed, variable annuities and life products. (2) Interest includes interest credited to policyholders’ account values, and interest accreted in other components of the policyholder account balance, including investment-type contract values, host amounts for contractholder deposits with embedded derivatives, funding agreements and other associated reserves. (3) “Other activity” includes policy charges, fees and commissions, transfers, assumption changes, fair value changes and the impact of hedge fair value adjustments. (4) Net amount at risk represents the difference between the face value of the insurance policy and the reserve accumulated under that same policy. (5) Cash surrender values are reported net of any applicable surrender charges, net of reinsurance. The following table presents the account values by range of guaranteed minimum crediting rates and the related range of difference, in basis points, between rates being credited to policyholders and the respective guaranteed minimums. Account values, as disclosed below, differ from policyholder account balances as they exclude balances associated with index credits, contractholder deposit fund host balances, funding agreements, and other associated reserves. In addition, policyholder account balances include discounts and premiums on assumed business which are not reflected in account values. As of June 30, 2024 Account Values with Adjustable Crediting Rates Subject to Guaranteed Minimums: Range of guaranteed minimum crediting rates: At Guaranteed Minimum 1 - 49 bps Above Guaranteed Minimum 50 - 99 bps Above Guaranteed Minimum 100 - 150 bps Above Guaranteed Minimum Greater Than 150 bps Above Guaranteed Minimum Total Less Than 1.00% $ 3,242,952 $ 37,341 $ 463,984 $ 1,594,694 $ 30,292,487 $ 35,631,458 1.00% - 1.99% 1,403,418 863,555 882,211 1,898,698 9,497,587 14,545,469 2.00% - 2.99% 823,166 40,749 57,666 269,799 2,387,062 3,578,442 3.00% - 4.00% 11,028,961 1,559,492 443,985 1,208,294 1,469,994 15,710,726 Greater Than 4.00% 11,761,911 1,343,852 130,420 112,225 283,441 13,631,849 Total $ 28,260,408 $ 3,844,989 $ 1,978,266 $ 5,083,710 $ 43,930,571 $ 83,097,944 Percentage of Total 34 % 5 % 2 % 6 % 53 % 100 % As of December 31, 2023 Account Values with Adjustable Crediting Rates Subject to Guaranteed Minimums: Range of guaranteed minimum crediting rates: At Guaranteed Minimum 1 - 49 bps Above Guaranteed Minimum 50 - 99 bps Above Guaranteed Minimum 100 - 150 bps Above Guaranteed Minimum Greater Than 150 bps Above Guaranteed Minimum Total Less Than 1.00% $ 2,706,701 $ 25,839 $ 660,189 $ 3,546,450 $ 25,940,436 $ 32,879,615 1.00% - 1.99% 1,471,320 1,013,423 999,852 1,968,519 6,603,795 12,056,909 2.00% - 2.99% 896,276 44,850 55,874 109,411 1,310,234 2,416,645 3.00% - 4.00% 12,494,439 1,186,572 414,111 953,560 1,067,325 16,116,007 Greater Than 4.00% 12,095,647 1,385,538 138,112 117,561 298,493 14,035,351 Total $ 29,664,383 $ 3,656,222 $ 2,268,138 $ 6,695,501 $ 35,220,283 $ 77,504,527 Percentage of Total 38 % 5 % 3 % 9 % 45 % 100 % Liability for future policy benefits The following tables summarize the balances of, and changes in, the liability for future policy benefits for traditional and limited-payment contracts for the six months ended June 30, 2024 and 2023: Six Months Ended June 30, 2024 June 30, 2023 Payout Annuities (1) Other (2) Total Payout Annuities (1) Other (2) Total Present Value of Expected Net Premiums Balance as of Beginning of Period $ — $ (208,370) $ (208,370) $ — $ (255,401) $ (255,401) Balance at Original Discount Rate $ — $ (241,058) $ (241,058) $ — $ (303,610) $ (303,610) Effect of Actual Variances from Expected Experience — 5,463 5,463 — 3,380 3,380 Adjusted Beginning of Period Balance — (235,595) (235,595) — (300,230) (300,230) Issuances — (1,138,831) (1,138,831) — — — Interest — (16,470) (16,470) — (2,399) (2,399) Net Premiums Collected — 65,732 65,732 — 16,685 16,685 Flooring Impact — — — 2 — 2 Ending Balance at Original Discount Rate — (1,325,164) (1,325,164) 2 (285,944) (285,942) Effect of Changes in Discount Rate Assumptions — 43,817 43,817 — 47,419 47,419 Balance as of End of Period $ — $ (1,281,347) $ (1,281,347) $ 2 $ (238,525) $ (238,523) Present Value of Expected Future Policy Benefits Balance as of Beginning of Period $ 17,427,353 $ 604,767 $ 18,032,120 $ 14,021,514 $ 679,807 $ 14,701,321 Balance at Original Discount Rate $ 20,040,000 $ 701,655 $ 20,741,655 $ 17,180,626 $ 806,555 $ 17,987,181 Effect of Actual Variances from Expected Experience 2,262 1,400 3,662 (12,863) 1,818 (11,045) Adjusted Beginning of Period Balance 20,042,262 703,055 20,745,317 17,167,763 808,373 17,976,136 Issuances 2,077,784 8,752,033 10,829,817 1,610,241 342 1,610,583 Interest 297,183 117,421 414,604 198,070 4,908 202,978 Benefit Payments (892,493) (237,279) (1,129,772) (793,163) (47,493) (840,656) Ending Balance at Original Discount Rate 21,524,736 9,335,230 30,859,966 18,182,911 766,130 18,949,041 Effect of Changes in Discount Rate Assumptions (3,173,775) (218,444) (3,392,219) (3,083,441) (126,217) (3,209,658) Balance as of End of Period 18,350,961 9,116,786 27,467,747 15,099,470 639,913 15,739,383 Net Liability for Future Policy Benefits 18,350,961 7,835,439 26,186,400 15,099,472 401,388 15,500,860 Less: Reinsurance Recoverable (3) (9,481,224) (6,220,344) (15,701,568) (7,749,635) 1,739 (7,747,896) Net Liability for Future Policy Benefits, Net of Reinsurance Recoverables $ 8,869,737 $ 1,615,095 $ 10,484,832 $ 7,349,837 $ 403,127 $ 7,752,964 (1) Payout annuities generally only have a single premium received at contract inception. As a result, the liability for future policy benefits generally would not reflect a present value for future premiums for payout annuities. (2) “Other” consists of activity related to long-term care insurance, variable annuities, traditional life insurance, preneed insurance and fixed-rate annuity products. Mortality and morbidity risks associated with the long-term care insurance have been ceded to a third-party reinsurer. (3) Reinsurance recoverables associated with the liability for future policy benefits is net of the effect of changes in discount rate assumptions of $(358.1) million and $45.7 million for the six months ended June 30, 2024 and 2023, respectively. The following table summarizes the amount of gross premiums related to traditional and limited-payment contracts recognized in the consolidated statements of operations for the six months ended June 30, 2024 and 2023: Gross Premiums Six Months Ended June 30, 2024 2023 Payout Annuities $ 2,253,977 $ 1,759,137 Other 8,619,184 34,063 Total Products $ 10,873,161 $ 1,793,200 The following table reflects the weighted-average duration and weighted-average interest rates of the future policy benefit liability as of June 30, 2024 and December 31, 2023: As of June 30, 2024 Payout Annuities Other Weighted-Average Interest Rates, Original Discount Rate 3.66 % 4.85 % Weighted-Average Interest Rates, Current Discount Rate 5.45 % 5.53 % Weighted-Average Liability Duration (Years, Current Rates) 8.44 9.69 As of December 31, 2023 Payout Annuities Other Weighted-Average Interest Rates, Original Discount Rate 3.37 % 2.57 % Weighted-Average Interest Rates, Current Discount Rate 4.95 % 4.95 % Weighted-Average Liability Duration (Years, Current Rates) 8.58 9.03 The following reflects the undiscounted ending balance of expected future gross premiums and expected future benefits and payments for traditional and limited-payment contracts, as of June 30, 2024 and December 31, 2023: As of June 30, 2024 Payout Annuities Other Expected Future Benefit Payments, Undiscounted $ 30,772,255 $ 16,560,774 Expected Future Benefit Payments, Discounted (Original Discount Rate) 21,524,736 9,335,230 Expected Future Benefit Payments, Discounted (Current Discount Rate) 18,350,961 9,116,786 Expected Future Gross Premiums, Undiscounted — 1,818,202 Expected Future Gross Premiums, Discounted (Original Discount Rate) — 1,401,340 Expected Future Gross Premiums, Discounted (Current Discount Rate) — 1,343,857 As of December 31, 2023 Payout Annuities Other Expected Future Benefit Payments, Undiscounted $ 29,164,580 $ 832,608 Expected Future Benefit Payments, Discounted (Original Discount Rate) 19,899,423 689,760 Expected Future Benefit Payments, Discounted (Current Discount Rate) 17,427,352 604,768 Expected Future Gross Premiums, Undiscounted — 377,693 Expected Future Gross Premiums, Discounted (Original Discount Rate) — 317,710 Expected Future Gross Premiums, Discounted (Current Discount Rate) — 262,653 Additional liability for annuitization, death, or other insurance benefits The following tables reflect the additional liability for annuitization, death, or other insurance benefits roll-forward for the six months ended June 30, 2024 and 2023: Six Months Ended June 30, 2024 2023 Balance as of Beginning of Period $ 7,251,266 $ 5,104,810 Effect of Changes in Experience (23,569) (28,486) Adjusted Balance as of Beginning of Period 7,227,697 5,076,324 Issuances 11,579 13,006 Assessments 350,460 218,534 Benefits Paid (264,671) (193,836) Interest 119,401 64,982 Balance as of End of Period 7,444,466 5,179,010 Less: Impact of Unrealized Investment Gains and Losses 140,804 116,633 Less: Reinsurance Recoverable, End of Period 1,500,742 — Balance, End of Period, Net of Reinsurance Recoverable and Impact of Unrealized Investment Gains and Losses $ 5,802,920 $ 5,062,377 The additional liability for annuitization, death, or other insurance benefits relates primarily to secondary guarantees on certain interest-sensitive life products, and preneed insurance. The following reflects the amount of gross assessments recognized for the additional liability for annuitization, death, or other insurance benefits in the consolidated statements of operations for the six months ended June 30, 2024 and 2023: Gross Assessments Six Months Ended June 30, 2024 2023 Total Amount Recognized Within Revenue in the Consolidated Statements of Operations $ 349,862 $ 205,414 The following reflects the weighted average duration and weighted average interest rate for the additional liability for annuitization, death, or other insurance benefits as of June 30, 2024 and December 31, 2023: As of June 30, 2024 December 31, 2023 Weighted-Average Interest, Current Discount Rate 3.28 % 3.09 % Weighted-Average Liability Duration (Years) 27.17 27.64 Market risk benefits The following table presents the balances of, and changes in, market risk benefits: Six months ended June 30, 2024 June 30, 2023 Fixed-indexed Annuity Variable- and Other Annuities Total Fixed-indexed Annuity Variable- and Other Annuities Total Balance as of Beginning of Period $ 868,268 $ 252,683 $ 1,120,951 $ 548,536 $ 120,322 $ 668,858 Balance as of Beginning of Period, Before Impact of Changes in Instrument-specific Credit Risk $ 790,616 $ 225,593 $ 1,016,209 $ 656,880 $ 150,633 $ 807,513 Issuances 15,254 (5) 15,249 (67) (26) (93) Interest 21,483 5,197 26,680 19,242 4,515 23,757 Attributed Fees Collected 51,918 44,674 96,592 51,087 42,067 93,154 Benefit Payments (3,404) (3,567) (6,971) (1,671) (609) (2,280) Effect of Changes in Interest Rates (106,708) (56,828) (163,536) 29,868 8,818 38,686 Effect of Changes in Equity Markets (12,409) (48,291) (60,700) (17,621) (53,608) (71,229) Effect of Actual Experience Different from Assumptions 8,666 (8,001) 665 (1,824) (18,835) (20,659) Balance as of End of Period Before Impact of Changes in Instrument-Specific Credit Risk 765,416 158,772 924,188 735,894 132,955 868,849 Effect of Changes in Instrument-specific Credit Risk 72,008 23,385 95,393 (35,095) (8,560) (43,655) Balance as of End of Period 837,424 182,157 1,019,581 700,799 124,395 825,194 Less: Reinsurance Recoverable as of the End of the Period — (12,097) (12,097) — (14,194) (14,194) Balance as of End of Period, Net of Reinsurance Recoverable $ 837,424 $ 170,060 $ 1,007,484 $ 700,799 $ 110,201 $ 811,000 Net Amount at Risk $ 4,451,112 $ 1,296,878 $ 5,747,990 $ 4,100,714 $ 1,201,064 $ 5,301,778 Weighted-average Attained Age of Contract holders (Years) 71 69 71 70 70 70 The following reflects the reconciliation of the market risk benefits reflected in the preceding table to the amounts reported in an asset and liability position, respectively, in the consolidated statements of financial condition as of June 30, 2024 and December 31, 2023: As of June 30, 2024 As of December 31, 2023 Asset Liability Net Asset Liability Net Fixed-indexed Annuities $ 182 $ 837,606 $ (837,424) $ — $ 868,268 $ (868,268) Variable- and Other Annuities — 182,157 (182,157) 17 252,700 (252,683) Total $ 182 $ 1,019,763 $ (1,019,581) $ 17 $ 1,120,968 $ (1,120,951) Separate account liabilities Separate account assets and liabilities consist of investment accounts established and maintained by Global Atlantic for certain variable annuity and interest-sensitive life insurance contracts. Some of these contracts include minimum guarantees such as GMDBs and GMWBs that guarantee a minimum payment to the policyholder. The assets that support these variable annuity and interest-sensitive life insurance contracts are measured at fair value and are reported as separate account assets on the consolidated statements of financial condition. An equivalent amount is reported as separate account liabilities. Market risk benefit assets and liabilities for minimum guarantees are valued and presented separately from separate account assets and separate account liabilities. For more information on market risk benefits see “—Market risk benefits” in this footnote. Policy charges assessed against the policyholders for mortality, administration and other services are included in “Policy fees” in the consolidated statements of operations. The following table presents the balances of and changes in separate account liabilities: June 30, 2024 June 30, 2023 Variable Annuities Interest-Sensitive Life Total Variable Annuities Interest-Sensitive Life Total Balance as of Beginning of Period $ 3,565,029 $ 541,971 $ 4,107,000 $ 3,627,769 $ 503,025 $ 4,130,794 Premiums and Deposits 12,750 6,487 19,237 16,371 6,977 23,348 Surrenders, Withdrawals and Benefit Payments (270,322) (11,203) (281,525) (233,703) (10,018) (243,721) Investment Performance 299,722 57,974 357,696 301,383 60,124 361,507 Other (56,624) (23,142) (79,766) (65,086) (24,405) (89,491) Balance as of End of Period $ 3,550,555 $ 572,087 $ 4,122,642 $ 3,646,734 $ 535,703 $ 4,182,437 Cash Surrender Value as of End of Period (1) $ 3,550,555 $ 572,087 $ 4,122,642 $ 3,646,734 $ 535,703 $ 4,182,437 (1) Cash surrender value attributed to the separate accounts does not reflect the impact of surrender charges; surrender charges are attributed to policyholder account balances recorded in the general account. The following table presents the aggregate fair value of assets, by major investment asset type, supporting separate accounts: June 30, 2024 December 31, 2023 Asset Type: Managed Volatility Equity/Fixed Income Blended Fund $ 2,073,527 $ 2,131,149 Equity 1,681,781 1,596,467 Fixed Income 147,285 152,398 Money Market 219,438 226,387 Alternative 611 599 Total Assets Supporting Separate Account Liabilities $ 4,122,642 $ 4,107,000

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2024
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES KKR & Co. Inc. is a domestic corporation for U.S. federal income tax purposes and is subject to U.S. federal, state and local income taxes at the entity level on its share of taxable income. In addition, KKR Group Partnership and certain of its subsidiaries operate as partnerships for U.S. federal tax purposes but as taxable entities for certain state, local or non-U.S. tax purposes. Moreover, certain corporate subsidiaries of KKR, including certain subsidiaries of Global Atlantic, are domestic corporations for U.S. federal income tax purposes and are subject to U.S. federal, state, and local income taxes. For the three months ended June 30, 2024 and 2023, the effective tax rates were 17.9% and 22.4%, respectively, and for the six months ended June 30, 2024 and 2023, the effective tax rates were 18.9% and 25.5%, respectively. The effective tax rate differs from the statutory rate primarily due to the portion of the reported net income (loss) before taxes not being attributable to KKR but rather being attributable to (i) third-party limited partner interests in consolidated investment funds and (ii) exchangeable securities representing ownership interests in KKR Group Partnership until they are exchanged for common stock of KKR & Co. Inc. In 2022, changes in market conditions, including rapidly rising interest rates, impacted the unrealized tax gains and losses in the available for sale securities portfolios of Global Atlantic, resulting in deferred tax assets related to net unrealized tax capital losses for which the carryforward period has not yet begun. As such, when assessing recoverability, Global Atlantic considered its ability and intent to hold the underlying securities to recovery. Global Atlantic concluded that a valuation allowance should be established on a portion of the deferred tax assets related to unrealized tax capital losses that are not more-likely-than-not to be realized, which represents the portion of the portfolio Global Atlantic estimates it would not be able to hold to recovery. As of June 30, 2024, Global Atlantic maintained $89.3 million of valuation allowance associated with the unrealized tax capital losses in the available for sale securities portfolio. The establishment of the valuation allowance was recorded in other comprehensive income. Based on available evidence and various assumptions as to the timing of income, KKR believes it is likely that all other deferred tax assets will be realized. There was no change in the valuation allowance recorded as of June 30, 2024. During the six months ended June 30, 2024, there were no material changes to KKR's uncertain tax positions and KKR believes there will not be a significant increase or decrease to these uncertain tax positions within 12 months of the reporting date. On August 16, 2022, the Inflation Reduction Act (the “IRA”) was signed into law. The IRA enacted a new 15% corporate alternative minimum tax ("CAMT") on the "adjusted financial statement income" of certain large corporations, which became effective on January 1, 2023. In addition, the IRA enacted a 1% excise tax on corporate stock repurchases completed after December 31, 2022. KKR reviewed the impact and concluded there was no impact on income taxes for the six months ended June 30, 2024 and will continue to review and monitor the issuance of additional guidance from the U.S. Treasury and the U.S. Internal Revenue Service. On December 20, 2021, the OECD released Pillar Two Model Rules, which contemplate a global 15% minimum tax rate. The OECD continues to release additional guidance, including administrative guidance on interpretation and application of Pillar Two, and many countries are passing legislation to comply with Pillar Two. The changes contemplated by Pillar Two, when enacted by various countries in which we do business, may increase our taxes in such countries. Based on the available legislation, KKR concluded there was no material impact on income taxes with respect to Pillar Two for the six months ended June 30, 2024. KKR will continue to evaluate the potential future impacts of Pillar Two and will continue to review and monitor the issuance of additional guidance.

EQUITY-BASED COMPENSATION

EQUITY-BASED COMPENSATION	6 Months Ended
	Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]
EQUITY-BASED COMPENSATION	EQUITY-BASED COMPENSATION The following table summarizes the expense associated with equity-based compensation in connection with KKR equity incentive awards and incentive awards under the Global Atlantic Financial Company Book Value Award Plan ("GA Book Value Plan") and the Global Atlantic Senior Management Equity Incentive Plan ("GA Equity Incentive Plan") for the three and six months ended June 30, 2024 and 2023, respectively. Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Asset Management $ 149,584 $ 108,915 $ 303,929 $ 235,205 Insurance 35,323 37,741 64,389 94,788 Total $ 184,907 $ 146,656 $ 368,318 $ 329,993 KKR Equity Incentive Awards Under KKR's Equity Incentive Plans, KKR is permitted to grant equity awards representing ownership interests in KKR & Co. Inc. common stock. On March 29, 2019, the 2019 Equity Incentive Plan became effective. Following the effectiveness of the 2019 Equity Incentive Plan, KKR no longer makes further grants under the 2010 Equity Incentive Plan, and the 2019 Equity Incentive Plan became KKR's only plan for providing new equity awards by KKR & Co. Inc. Outstanding awards under the 2010 Equity Incentive Plan will remain outstanding, unchanged and subject to the terms of the 2010 Equity Incentive Plan and their respective equity award agreements, until the vesting, expiration or lapse of such awards in accordance with their terms. The total number of equity awards representing shares of common stock that may be issued under the 2019 Equity Incentive Plan is equivalent to 15% of the aggregate number of the shares of common stock and KKR Group Partnership Units (excluding KKR Group Partnership Units held by KKR & Co. Inc. or its wholly-owned subsidiaries), subject to annual adjustment. As of June 30, 2024, 49,266,839 shares may be issued under the 2019 Equity Incentive Plan. KKR has also issued equity grants in the form of restricted holdings units through KKR Holdings III L.P. ("KKR Holdings III"), which are not issued under the 2019 Equity Incentive Plan and are currently held by certain Global Atlantic employees. Equity awards granted generally consist of (i) restricted stock units that convert into shares of common stock of KKR & Co. Inc. (or cash equivalent) upon vesting and (ii) restricted holdings units that are exchangeable into shares of common stock of KKR & Co. Inc. upon vesting and certain other conditions, including those described below. Service-Vesting Awards KKR grants restricted stock units and restricted holdings units that are subject to service-based vesting, typically over a three Expense associated with the vesting of these Service-Vesting Awards is based on the closing price of KKR & Co. Inc. common stock on the date of grant, discounted for the lack of participation rights in the expected dividends on unvested equity awards. Expense is recognized on a straight line basis over the life of the award and assumes a forfeiture rate of up to 7% annually based upon expected turnover by class of recipient. As of June 30, 2024, there was approximately $947 million of total estimated unrecognized expense related to unvested Service-Vesting Awards, which is expected to be recognized over the weighted average remaining requisite service period of 2.7 years. A summary of the status of unvested Service-Vesting Awards granted from January 1, 2024 through June 30, 2024 is presented below: Shares (1) Weighted Balance, January 1, 2024 23,228,671 $ 53.22 Granted 4,590,867 79.00 Vested (5,468,128) 47.58 Forfeitures (451,693) 57.73 Balance, June 30, 2024 21,899,717 $ 59.94 (1) Unvested Service-Vesting Awards include restricted stock units and restricted holdings units granted to Global Atlantic employees. Market Condition Awards KKR also grants restricted stock units and restricted holdings units that are subject to both a service-based vesting condition and a market price based vesting condition (referred to hereafter as "Market Condition Awards"). The following is a discussion of the Market Condition Awards, excluding the Co-CEO Awards (as defined and discussed below). The number of Market Condition Awards (other than the Co-CEO awards) that will vest depend upon (i) the market price of KKR common stock reaching certain price targets that range from $45.00 to $140.00 and (ii) the employee being employed by KKR on a certain date, which typically ranges from five Due to the existence of the service requirement, the vesting period for these Market Condition Awards (other than the Co-CEO awards) is explicit, and as such, compensation expense will be recognized on (i) a straight-line basis over the period from the date of grant through the date the award recipient is required to be employed by KKR and (ii) assumes a forfeiture rate of up to 7% annually based upon expected turnover. The fair value of the awards granted are based on a Monte Carlo simulation valuation model. In addition, the grant date fair value assumes that holders of the Market Condition Awards will not participate in dividends until such awards have met all of their vesting requirements. Below is a summary of the grant date fair value based on the Monte Carlo simulation valuation model and the significant assumptions used to estimate the grant date fair value of these Market Condition Awards: Weighted Range Grant Date Fair Value $30.62 $19.87 - $79.94 Closing KKR share price as of valuation date $51.74 $37.93 - $98.62 Risk Free Rate 2.21% 0.41% - 4.41% Volatility 30.04% 28.00% - 38.00% Dividend Yield 1.27% 0.71% - 1.53% Expected Cost of Equity 10.74% 9.13% - 11.80% As of June 30, 2024, there was approximately $651 million of total estimated unrecognized expense related to these unvested Market Condition Awards, which is expected to be recognized over the weighted average remaining requisite service period of 3.1 years. A summary of the status of unvested Market Condition Awards granted from January 1, 2024 through June 30, 2024 is presented below: Shares (1) Weighted Balance, January 1, 2024 36,497,589 $ 29.59 Granted 2,278,830 58.31 Vested (171,064) 21.39 Forfeitures (307,027) 25.02 Balance, June 30, 2024 38,298,328 $ 31.37 (1) Unvested Market Condition Awards include restricted holdings units granted to Global Atlantic employees. As of June 30, 2024, 28.2 million units of these Market Condition awards have met their market price based vesting condition. Co-CEO Awards On December 9, 2021, the Board of Directors approved grants of 7.5 million restricted holdings units to each of KKR’s Co-Chief Executive Officers that are subject to both a service-based vesting condition and a market price based vesting condition (referred to hereafter as "Co-CEOs Awards"). For both Co-Chief Executive Officers, 20% of the Co-CEOs Awards are eligible to vest at each of the following KKR common stock prices targets: $95.80, $105.80, $115.80, $125.80 and $135.80. The market price based vesting condition is met when the average closing price of KKR common stock during 20 consecutive trading days meets or exceeds the stock price targets. In addition to the market price based vesting conditions, in order for the award to vest, the Co-Chief Executive Officer is required to be employed by KKR on December 31, 2026 (with exceptions for involuntary termination without cause, death and permanent disability). These awards will be automatically canceled and forfeited upon the earlier of a Co-Chief Executive Officer’s termination of service (except for involuntary termination without cause, death or permanent disability) or the failure to meet the market price based vesting condition by December 31, 2028 (for which continued service is required if the market price vesting condition is met after December 31, 2026). Co-CEO Awards do not participate in dividends until such awards have met both their service-based and market price based vesting requirements. Additionally, these awards are subject to additional transfer restrictions and minimum retained ownership requirements after vesting. Due to the existence of the service requirement, the vesting period for these Co-CEO Awards is explicit, and as such, compensation expense will be recognized on a straight-line basis over the period from the date of grant through December 31, 2026 given the derived service period is less than the explicit service period. The fair value of the awards granted are based on a Monte Carlo simulation valuation model. In addition, the grant date fair value assumes that these Co-CEO Awards will not participate in dividends until such awards have met all of their vesting requirements. Below is a summary of the grant date fair value based on the Monte Carlo simulation valuation model and the significant assumptions used to estimate the grant date fair value of these Co-CEO Awards: Grant Date Fair Value $48.91 Closing KKR share price as of valuation date $75.76 Risk Free Rate 1.42 % Volatility 28.0 % Dividend Yield 0.77 % Expected Cost of Equity 9.36 % As of June 30, 2024, there was approximately $363 million of total estimated unrecognized expense related to these unvested Co-CEO Awards, which is expected to be recognized ratably from July 1, 2024 to December 31, 2026. As of June 30, 2024, 6.0 million units of these Co-CEO awards have met their market price based vesting condition. Modification and Replacement of Book Value Awards - Insurance On February 1, 2021, Global Atlantic adopted the GA Book Value Plan to enhance the ability of Global Atlantic to attract, motivate and retain its employees and to promote the success of the Global Atlantic business. The GA Book Value Plan authorized the grant of cash-settled awards ("book value awards," or "BVAs") representing the right to receive one or more payments upon vesting equal to the product of an initial dollar value set by the award multiplied by a pre-determined formula as of each applicable vesting date. The predetermined formula is equal to the quotient determined by dividing the book value of one share of TGAFG on the applicable vesting date by the book value of a share on the original grant date, subject to adjustments. Book value awards generally vested in three equal, annual installments, subject to continued employment. BVAs were accounted for as profit sharing arrangements in accordance with ASC 710. On January 2, 2024, KKR replaced the BVAs with approximately 1.9 million of Service-Vesting Awards granted pursuant to our 2019 Equity Incentive Plan, which are accounted for as equity classified awards in scope of ASC 718. As such, this modification resulted in (i) a change in scope from ASC 710 to ASC 718, (ii) a change in classification from liability to equity and (iii) a corresponding reclassification of $77 million from Accrued Expenses and Other Liabilities to Additional Paid-In Capital in the consolidated statement of financial condition. Accordingly, these awards will no longer be remeasured to fair value after the modification date. No incremental expense recognition was required upon the modification of the BVAs, because no incremental value was transferred to the employees. The service and vesting conditions of the Service-Vesting Awards mirror those of the BVAs. Modification and Replacement of GA Equity Incentive Plan Awards - Insurance On June 24, 2021, Global Atlantic issued 1,000 non-voting incentive shares to a Bermuda exempted partnership owned by certain Global Atlantic employees, who are eligible to receive incentive units under the GA Equity Incentive Plan. These incentive units represented an interest in the receipt of certain amounts based on Global Atlantic's book value, market value, and AUM, in each case as derived in part from the value of TGAFG’s fully-diluted equity shares. The GA Equity Incentive Plan awards were accounted for as a hybrid compensation plan, consisting of one component most closely aligned with a profit-sharing plan under ASC 710, Compensation - General, as well as other components within scope of ASC 718, Compensation - Stock Compensation, in all cases with obligations liability-classified. Accordingly, with regard to awards within scope of ASC 710, Global Atlantic recorded expense based on payouts deemed to be probable and reasonably estimable based on the book value growth of Global Atlantic at the grant date and at each reporting period. For award components subject to liability-classification under ASC 718, Global Atlantic recorded expense, net of a 0% estimated forfeiture rate, based on the fair value of awards granted, with periodic adjustments to expense for changes in fair value, over the requisite 5-year service period. On January 2, 2024, KKR replaced the GA Equity Incentive Plan awards with (i) 1.3 million of Service-Vesting Awards with a remaining vesting period of approximately 2 years and approximately 0.9 million of Market Condition Awards, both of which are accounted for as equity classified awards in scope of ASC 718, and (ii) approximately $54 million in vested KKR Holdings III restricted holdings units. As such, this modification resulted in (i) a change in scope from ASC 710 to ASC 718 for a portion of the award, (ii) a change in classification from liability to equity and (iii) a corresponding reclassification of $149 million from Accrued Expenses and Other Liabilities to Additional Paid-In Capital in the consolidated statement of financial condition. No incremental expense recognition was required upon the modification of the GA Equity Incentive Plan awards, because no incremental value was transferred to the employees.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Jun. 30, 2024
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS Due from Affiliates consists of: June 30, 2024 December 31, 2023 Amounts due from unconsolidated investment funds $ 1,377,708 $ 1,229,308 Amounts due from portfolio companies 239,039 217,544 Due from Affiliates $ 1,616,747 $ 1,446,852 Due to Affiliates consists of: June 30, 2024 December 31, 2023 Amounts due to current and former employees under the tax receivable agreement $ 381,076 $ 406,730 Amounts due to unconsolidated investment funds 63,871 131,369 Due to Affiliates $ 444,947 $ 538,099

SEGMENT REPORTING

SEGMENT REPORTING	6 Months Ended
	Jun. 30, 2024
Segment Reporting [Abstract]
SEGMENT REPORTING	SEGMENT REPORTING KKR operates through three reportable segments which are presented below and reflect how its chief operating decision-makers allocate resources and assess performance: • Asset Management - The asset management business offers a broad range of investment management services to investment funds, vehicles and accounts (including Global Atlantic and the Strategic Holdings segment) and provides capital markets services to portfolio companies and third parties. This reportable segment also reflects how its business lines operate collaboratively with predominantly a single expense pool. • Insurance - The insurance business is operated by Global Atlantic, which is a leading U.S. retirement and life insurance company that provides a broad suite of protection, legacy and savings products and reinsurance solutions to clients across individual and institutional markets. Global Atlantic primarily generates income by earning a spread between its investment income and the cost of policyholder benefits. • Strategic Holdings - The strategic holdings business initially represents KKR's participation in the core private equity strategy, which was previously presented in the Asset Management segment’s Principal Activities business line. This segment primarily generates income from dividends from these businesses. Dividends are presented net of management fees paid to our Asset Management segment. If KKR were to sell a portion or all of a business reported in Strategic Holdings, the realized gain or loss would be presented as realized investment income reduced by the performance fee paid to our Asset Management segment. KKR’s segment profitability measure used to make operating decisions and assess performance across KKR’s reportable segments is presented prior to giving effect to the allocation of income (loss) among KKR & Co. Inc. and holders of any exchangeable securities, and the consolidation of the investment funds, vehicles and accounts that KKR advises, manages or sponsors (including CFEs). KKR's segment profitability measure excludes: (i) equity-based compensation charges, (ii) amortization of acquired intangibles, and (iii) transaction-related and non-operating items, if any. Transaction-related and non-operating items arise from corporate actions and non-operating items, which consist of : (i) impairments, (ii) transaction costs from acquisitions, (iii) depreciation on real estate that KKR owns and occupies, (iv) contingent liabilities, net of any recoveries, and (v) other gains or charges that affect period-to-period comparability and are not reflective of KKR's ongoing operational performance. Inter-segment transactions are not eliminated from segment results when management considers those transactions in assessing the results of the respective segments. These transactions include (i) management fees earned by the Asset Management segment as the investment adviser for Global Atlantic insurance companies, (ii) management and performance fees earned by the Asset Management segment from the Strategic Holdings segment, and (iii) interest income and expense based on lending arrangements where the Asset Management segment borrows from the Insurance segment. All these inter-segment transactions are recorded by each segment based on the applicable governing agreements. Total Segment Earnings represents the total segment earnings of KKR’s Asset Management, Insurance and Strategic Holdings segments: • Asset Management Segment Earnings is the segment profitability measure used to make operating decisions and to assess the performance of the Asset Management segment. This measure is presented before income taxes and is comprised of: (i) Fee Related Earnings, (ii) Realized Performance Income, (iii) Realized Performance Income Compensation, (iv) Realized Investment Income, and (v) Realized Investment Income Compensation. The non-operating adjustments made to derive Asset Management Segment Earnings excludes the impact of: (i) unrealized gains (losses) on investments, (ii) unrealized carried interest, and (iii) unrealized carried interest compensation. Management fees earned by KKR as the adviser, manager or sponsor for its investment funds, vehicles and accounts, including its Global Atlantic insurance companies and Strategic Holdings segment, are included in Asset Management Segment Earnings. • Insurance Operating Earnings is the segment profitability measure used to make operating decisions and to assess the performance of the Insurance segment. This measure is presented before income taxes and is comprised of: (i) Net Investment Income, (ii) Net Cost of Insurance, and (iii) General, Administrative, and Other Expenses. The non-operating adjustments made to derive Insurance Operating Earnings excludes the impact of: (i) investment gains (losses) which include realized gains (losses) related to asset/liability matching investment strategies and unrealized investment gains (losses) and (ii) non-operating changes in policy liabilities and derivatives which includes (a) changes in the fair value of market risk benefits and other policy liabilities measured at fair value and related benefit payments, (b) fees attributed to guaranteed benefits, (c) derivatives used to manage the risks associated with policy liabilities, and (d) losses at contract issuance on payout annuities. Insurance Operating Earnings includes (i) realized gains and losses not related to asset/liability matching investment strategies and (ii) the investment management costs that are earned by our Asset Management segment as the investment adviser of the Global Atlantic insurance companies. • Strategic Holdings Segment Earnings is the segment profitability measure used to make operating decisions and to assess the performance of the Strategic Holdings segment. This measure is presented before income taxes and is comprised of: Dividends, Net and Net Realized Investment Income. The non-operating adjustment made to derive Strategic Holdings Segment Earnings excludes the impact of unrealized gains (losses) on investments. Strategic Holdings Segment Earnings includes management fees and performance fee expenses that are earned by the Asset Management segment. Modification of Segment Information In connection with building and scaling of the core private equity strategy on KKR’s balance sheet and the acquisition of the remaining minority equity interests in Global Atlantic on January 2, 2024, KKR reevaluated the manner in which it makes operational and resource deployment decisions and assesses the overall performance of KKR's business. Effective with the first quarter of 2024, KKR has made changes with respect to the preparation of the reports used by KKR's chief operating decision makers. As a result, KKR has modified the presentation of its segment financial information with retrospective application to all prior periods presented. The most significant changes between KKR's current segment presentation and its previous segment presentation reported prior to the first quarter of 2024, are as follows: • Creating a new business segment, Strategic Holdings - The new segment is currently comprised of KKR’s participation in its core private equity strategy. Our participation in the core private equity strategy has scaled into a business KKR now evaluates separately from its Asset Management segment. Additionally, KKR may also acquire other long-term assets that are not part of the core private equity strategy for this segment. As of the first quarter of 2024, KKR’s participation in its core private equity strategy no longer is reported as part of the Asset Management segment. The Asset Management segment continues to represent KKR's business separate from its insurance operations and continues to reflect how the chief operating decision makers allocate resources and assess performance in the asset management business, which includes operating collaboratively across its business lines, with predominantly a single expense pool. Effective as of the first quarter of 2024, the results of our Strategic Holdings segment includes a management fee and performance fee that is paid to our Asset Management segment for providing advisory services rather than allocating the costs borne by our Asset Management segment to support our Strategic Holdings segment. The historical amounts presented herein do not include any management or performance fees since the governing agreement was not in place prior to the first quarter of 2024. • Segment Earnings - Segment Earnings is the performance measure for KKR's segment profitability and is used by management in making operational decisions and to assess performance. Segment Presentation The following tables set forth information regarding KKR's segment results: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Asset Management Management Fees (1)(2) $ 847,307 $ 748,888 $ 1,662,634 $ 1,487,044 Transaction and Monitoring Fees, Net 222,858 190,228 374,942 332,407 Fee Related Performance Revenues 37,145 28,352 56,246 50,093 Fee Related Compensation (193,779) (217,684) (366,419) (420,778) Other Operating Expenses (158,134) (147,475) (303,265) (297,879) Fee Related Earnings 755,397 602,309 1,424,138 1,150,887 Realized Performance Income 482,309 149,334 753,854 324,732 Realized Performance Income Compensation (359,470) (97,085) (553,017) (211,094) Realized Investment Income (3) 138,546 118,022 273,299 312,856 Realized Investment Income Compensation (20,782) (17,183) (40,993) (46,897) Asset Management Segment Earnings $ 996,000 $ 755,397 $ 1,857,281 $ 1,530,484 Insurance Net Investment Income (1) (3) $ 1,538,046 $ 1,283,794 $ 3,024,465 $ 2,555,049 Net Cost of Insurance (1,070,616) (811,677) (2,073,943) (1,562,289) General, Administrative and Other (214,217) (203,285) (424,469) (399,999) Pre-tax Operating Earnings 253,213 268,832 526,053 592,761 Pre-tax Operating Earnings Attributable to Noncontrolling Interests — (98,608) — (217,425) Insurance Operating Earnings $ 253,213 $ 170,224 $ 526,053 $ 375,336 Strategic Holdings Dividends, Net (2) $ 40,852 $ — $ 61,572 $ — Strategic Holdings Operating Earnings 40,852 — 61,572 — Net Realized Investment Income — — — — Strategic Holdings Segment Earnings $ 40,852 $ — $ 61,572 $ — Total Segment Earnings $ 1,290,065 $ 925,621 $ 2,444,906 $ 1,905,820 (1) Includes intersegment management fees of $127.1 million and $110.6 million between Asset Management and Insurance segments for the three months ended June 30, 2024 and 2023, respectively, and $239.5 million and $218.9 million for the six months ended June 30, 2024 and 2023, respectively. (2) Includes intersegment management fees of $8.2 million between the Asset Management and the Strategic Holdings segments for the three months ended June 30, 2024 and $15.7 million for the six months ended June 30, 2024. (3) Includes intersegment interest expense of $2.1 million and $43.4 million for the three months ended June 30, 2024 and 2023, respectively, and $5.3 million and $88.2 million for the six months ended June 30, 2024 and 2023, respectively. As of June 30, 2024 2023 Segment Assets: Asset Management $ 25,959,516 $ 25,344,995 Insurance 236,339,708 176,041,236 Strategic Holdings 7,185,608 6,187,476 Total Segment Assets $ 269,484,832 $ 207,573,707 Three Months Ended June 30, Six Months Ended June 30, Non-cash expenses excluded from Segment Earnings 2024 2023 2024 2023 Equity Based Compensation and Other Asset Management $ 149,584 $ 108,915 $ 303,929 $ 235,205 Insurance (1) 35,323 23,898 64,389 60,291 Total Non-cash expenses $ 184,907 $ 132,813 $ 368,318 $ 295,496 (1) Amounts include the portion allocable to KKR & Co. Inc. Reconciliations of Total Segment Amounts The following tables reconcile Segment Revenues, Segment Earnings, and Segment Assets to their equivalent GAAP measure: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Total GAAP Revenues $ 4,171,910 $ 3,626,518 $ 13,828,648 $ 6,754,000 Impact of Consolidation and Other 308,598 184,775 592,421 394,553 Asset Management Adjustments: Capital Allocation-Based Income (Loss) (GAAP) (738,125) (696,897) (2,001,067) (1,145,915) Realized Carried Interest - Asset Management 458,559 146,232 708,827 318,921 Realized Investment Income - Asset Management 138,546 118,022 273,299 312,856 Capstone Fees (21,563) (24,040) (40,077) (43,845) Expense Reimbursements (27,168) (16,840) (35,261) (32,384) Strategic Holdings Adjustments: Strategic Holdings Segment Management Fees 8,183 — 15,667 — Insurance Adjustments: Net Premiums (935,794) (626,429) (6,972,316) (1,100,053) Policy Fees (333,900) (315,382) (662,847) (629,184) Other Income (63,889) (39,858) (120,274) (77,016) (Gains) Losses from Investments (1) 308,517 193,770 567,000 454,277 Non-operating Changes in Policy Liabilities and Derivatives 33,189 (31,253) 52,992 (144,029) Total Segment Revenues (2) $ 3,307,063 $ 2,518,618 $ 6,207,012 $ 5,062,181 (1) Includes gains and losses on funds withheld receivables and payables embedded derivatives. (2) Total Segment Revenues is comprised of (i) Management Fees, (ii) Transaction and Monitoring Fees, Net, (iii) Fee Related Performance Revenues, (iv) Realized Performance Income, (v) Realized Investment Income, (vi) Net Investment Income and (vii) Dividends, Net. Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Income (Loss) Before Tax (GAAP) $ 1,210,205 $ 1,451,013 $ 2,573,256 $ 1,859,448 Impact of Consolidation and Other (148,924) (251,248) (338,520) (152,111) Interest Expense, Net 77,101 95,357 149,908 177,597 Asset Management Adjustments: Unrealized (Gains) Losses (76,175) (235,521) (475,253) (115,587) Unrealized Carried Interest (190,143) (435,495) (1,136,959) (638,154) Unrealized Carried Interest Compensation 153,003 195,361 910,455 279,191 Transaction-related and Non-operating Items 1,308 7,192 62,983 13,999 Equity-based compensation 66,535 45,261 140,312 104,278 Equity-based compensation - Performance based 83,050 63,654 163,618 130,927 Strategic Holdings Adjustments: Unrealized (Gains) Losses (344,709) (222,790) (417,966) (243,397) Insurance Adjustments: (1) (Gains) Losses from Investments (1)(2) 312,614 125,483 559,531 256,597 Non-operating Changes in Policy Liabilities and Derivatives (1) 106,465 57,463 180,328 163,954 Transaction-related and Non-operating Items (1) — 3,199 — 3,199 Equity-based and Other Compensation (1) 35,323 23,898 64,389 60,291 Amortization of Acquired Intangibles (1) 4,412 2,794 8,824 5,588 Total Segment Earnings $ 1,290,065 $ 925,621 $ 2,444,906 $ 1,905,820 (1) Amounts represent the portion allocable to KKR & Co. Inc. (2) Includes gains and losses on funds withheld receivables and payables embedded derivatives. As of June 30, 2024 June 30, 2023 Total GAAP Assets $ 348,469,179 $ 287,694,799 Impact of Consolidation and Reclassifications (74,995,381) (77,968,654) Carry Pool Reclassifications (3,988,966) (2,152,438) Total Segment Assets $ 269,484,832 $ 207,573,707

EQUITY

EQUITY	6 Months Ended
	Jun. 30, 2024
Equity [Abstract]
EQUITY	EQUITY Stockholders' Equity Common Stock The common stock of KKR & Co. Inc. is entitled to vote as provided by its certificate of incorporation, Delaware General Corporation Law and the rules of the New York Stock Exchange ("NYSE"). Subject to preferences that apply to any shares of preferred stock outstanding at the time on which dividends are payable, the holders of common stock are entitled to receive dividends out of funds legally available if the Board of Directors, in its discretion, determines to declare dividends and then only at the times and in the amounts that the Board of Directors may determine. The common stock is not entitled to preemptive rights and is not subject to conversion, redemption or sinking fund provisions. Series I Preferred Stock Except for any distribution required by Delaware law to be made upon a dissolution event, the holders of Series I preferred stock do not have any economic rights to receive dividends. Series I preferred stock is entitled to vote on various matters that may be submitted to vote of the stockholders and the other matters as set forth in the certificate of incorporation. Upon a dissolution event, each holder of Series I preferred stock will be entitled to a payment equal to $0.01 per share of Series I preferred stock. The Series I preferred stock will be eliminated on the Sunset Date (as defined in Note 1 "Organization"), which is scheduled to occur not later than December 31, 2026. Share Repurchase Program The repurchase program does not have an expiration date. Under KKR's repurchase program, shares of common stock of KKR & Co. Inc. may be repurchased from time to time in open market transactions, in privately negotiated transactions or otherwise. The timing, manner, price and amount of any repurchases will be determined by KKR in its discretion and will depend on a variety of factors, including legal requirements, price and economic and market conditions. In addition to the repurchases of common stock, the repurchase program will be used for the retirement (by cash settlement or the payment of tax withholding amounts upon net settlement) of equity awards granted pursuant to our Equity Incentive Plans representing the right to receive common stock. KKR expects that the program, which has no expiration date, will be in effect until the maximum approved dollar amount has been used. The program does not require KKR to repurchase or retire any specific number of shares of common stock or equity awards, respectively, and the program may be suspended, extended, modified or discontinued at any time. As of July 26, 2024, there was approximately $101 million remaining under the program. In April 2024, the share repurchase program was amended such that when the remaining available amount under the share repurchase program becomes $50 million or less, the total available amount under the share repurchase program will automatically add an additional $500 million to the then remaining available amount of $50 million or less. The following table presents the shares of KKR & Co. Inc. common stock that have been repurchased or equity awards retired under the repurchase program: Three Months Ended June 30, For the Six Months Ended June 30, 2024 2023 2024 2023 Shares of common stock repurchased — 5,086,354 — 5,086,354 Equity awards for common stock retired 923,863 604,281 923,863 604,281 Change in KKR & Co. Inc.'s Ownership Interest Vesting of restricted holdings units results in a change in ownership in KKR Group Partnership, while KKR retains a controlling interest, and is accounted for as an equity transaction between the controlling and noncontrolling interests. Noncontrolling Interests Noncontrolling interests in consolidated entities represent the non-redeemable ownership interests in KKR that are held primarily by: (i) third party fund investors in KKR's consolidated funds and certain other entities; (ii) third parties in KKR's Capital Markets business line; (iii) certain current and former employees who hold exchangeable securities; and (iv) certain third-party investors in Global Atlantic's consolidated renewable energy entities and certain other entities. The following table presents total noncontrolling interests: Three Months Ended June 30, 2024 2023 Balance at the beginning of the period $ 34,568,564 $ 37,316,569 Net Income (Loss) Attributable to Noncontrolling Interests 295,644 266,086 Other Comprehensive Income (Loss), net of tax (3,358) (77,150) Equity-Based Compensation (Non Cash Contribution) 108,152 71,080 Change in KKR & Co. Inc.'s Ownership Interest (123,282) (113,121) Capital Contributions 1,958,078 4,935,615 Capital Distributions (2,306,395) (1,897,563) Changes in Consolidation 1,067,974 (72,062) Balance at the end of the period $ 35,565,377 $ 40,429,454 Six Months Ended June 30, 2024 2023 Beginning of Period (as previously reported for the prior period) $ 34,904,791 $ 35,778,000 Adoption of New Accounting Standard — 632,858 Balance at the beginning of the period (as revised for the prior period) 34,904,791 36,410,858 Net Income (Loss) Attributable to Noncontrolling Interests 674,602 193,083 Other Comprehensive Income (Loss), net of tax (4,838) 290,038 Compensation Modification - Issuance of Holdings III Units (See Note 19) 53,623 — Equity-Based Compensation (Non Cash Contribution) 212,059 147,676 2024 GA Acquisition - Cash consideration (See Note 1) (2,622,230) — 2024 GA Acquisition - Issuance of Holdings III Units (See Note 1) 40,789 — Change in KKR & Co. Inc.'s Ownership - 2024 GA Acquisition 2,169,300 — Change in KKR & Co. Inc.'s Ownership Interest (288,512) (113,121) Capital Contributions 3,396,280 7,404,393 Capital Distributions (4,038,461) (3,737,866) Changes in Consolidation 1,067,974 (165,607) Balance at the end of the period $ 35,565,377 $ 40,429,454

REDEEMABLE NONCONTROLLING INTER

REDEEMABLE NONCONTROLLING INTERESTS	6 Months Ended
	Jun. 30, 2024
Noncontrolling Interest [Abstract]
REDEEMABLE NONCONTROLLING INTERESTS	REDEEMABLE NONCONTROLLING INTERESTS Redeemable noncontrolling interests represent: (i) Noncontrolling interests of certain KKR investment funds and vehicles that are subject to periodic redemption by fund investors following the expiration of a specified period of time, or may be withdrawn subject to a redemption fee during the period when capital may not be otherwise withdrawn. Consolidated fund investor's interests subject to redemption as described above are presented as Redeemable Noncontrolling Interests in the accompanying consolidated statements of financial condition and presented as Net Income (Loss) Attributable to Redeemable Noncontrolling Interests in the accompanying consolidated statements of operations. When redeemable amounts become legally payable to fund investors, they are classified as a liability and included in Accounts Payable, Accrued Expenses and Other Liabilities in the accompanying consolidated statements of financial condition. (ii) Global Atlantic has redeemable noncontrolling interests related to renewable energy entities of approximately $46.1 million and $47.8 million as of June 30, 2024 and December 31, 2023, respectively, as determined by the hypothetical liquidation at book value ("HLBV") method. The estimated redemption value of redeemable noncontrolling interests is calculated as the discounted cash flows subsequent to the expected flip date of the respective renewable energy entity. The flip date represents the date at which the allocation of income and cash flows among the investors in the entity is adjusted, pursuant to the redeemable noncontrolling interest investors having achieved an agreed-upon return. The flip date of renewable energy partnerships determines when the redeemable noncontrolling interests are eligible to be redeemed. Eligible redemption dates range from January 1, 2028 to June 30, 2028. For the redeemable noncontrolling interests outstanding as of both June 30, 2024 and December 31, 2023, the estimated redemption value that would be due at the respective redemption dates is $3.2 million. The following table presents the calculation of Redeemable Noncontrolling Interests: Three Months Ended June 30, 2024 2023 Balance at the beginning of the period $ 922,093 $ 144,126 Net Income (Loss) Attributable to Redeemable Noncontrolling Interests 29,666 (1,740) Capital Contributions 341,868 69,997 Capital Distributions (2,140) (1,149) Changes in Consolidation — (27,821) Balance at the end of the period $ 1,291,487 $ 183,413 Six Months Ended June 30, 2024 2023 Balance at the beginning of the period $ 615,427 $ 152,065 Net Income (Loss) Attributable to Redeemable Noncontrolling Interests 62,344 (9,043) Capital Contributions 624,121 69,997 Capital Distributions (10,405) (1,785) Changes in Consolidation — (27,821) Balance at the end of the period $ 1,291,487 $ 183,413

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Funding Commitments and Others As of June 30, 2024, KKR had unfunded commitments consisting of $8.7 billion to its investment funds and vehicles. KKR has also agreed for certain of its investment vehicles to fund or otherwise be liable for a portion of their investment losses (up to a maximum of approximately $70.2 million) and/or to provide them with liquidity upon certain termination events (the maximum amount of which is unknown until the scheduled termination date of the investment vehicle). In addition to these uncalled commitments and funding obligations to KKR's investment funds and vehicles, KKR has entered into contractual commitments primarily with respect to underwriting transactions, debt financing, revolving credit facilities, and syndications in KKR's Capital Markets business line. As of June 30, 2024, these commitments amounted to $0.5 billion. Whether these amounts are actually funded, in whole or in part, depends on the contractual terms of such commitments, including the satisfaction or waiver of any conditions to closing or funding. KKR's capital markets business has arrangements with third parties, which reduce its risk when underwriting certain debt transactions, and thus our unfunded commitments as of June 30, 2024 have been reduced to reflect the amount to be funded by such third parties. As of June 30, 2024, KKR's capital markets business line has entered into such arrangements representing a total notional amount of $4.5 billion. In the case of purchases of investments or assets in our Principal Activities business line, the amount to be funded includes amounts that are intended to be syndicated to third parties, and the actual amounts to be funded may be less. Global Atlantic has commitments to purchase or fund investments of $3.6 billion as of June 30, 2024. These commitments include those related to mortgage loans, other lending facilities and other investments. For those commitments that represent a contractual obligation to extend credit, Global Atlantic has recorded a liability of $22.2 million for current expected credit losses as of June 30, 2024. In addition, Global Atlantic has entered into certain forward flow agreements to purchase loans. Global Atlantic's obligations under these agreements are subject to change, curtailment, and cancellation based on various provisions including repricing mechanics, due diligence reviews, and performance or pool quality, among other factors. Non-cancelable Operating Leases KKR's non-cancelable operating leases consist of leases of office space around the world. There are no material rent holidays, contingent rent, rent concessions or leasehold improvement incentives associated with any of these property leases. In addition to base rentals, certain lease agreements are subject to escalation provisions and rent expense is recognized on a straight‑line basis over the term of the lease agreement. Global Atlantic also enters into land leases for its consolidated investments in renewable energy. Contingent Repayment Guarantees The partnership documents governing KKR's carry-paying investment funds and vehicles generally include a "clawback" provision that, if triggered, may give rise to a contingent obligation requiring the general partner to return amounts to the fund for distribution to the fund investors at the end of the life of the fund. Under a clawback obligation, upon the liquidation of a fund, the general partner is required to return, typically on an after-tax basis, previously distributed carry to the extent that, due to the diminished performance of later investments, the aggregate amount of carry distributions received by the general partner during the term of the fund exceed the amount to which the general partner was ultimately entitled, including the effects of any performance thresholds. KKR has guaranteed its general partners' clawback obligations. As of June 30, 2024, approximately $564 million of carried interest was subject to this clawback obligation, assuming that all applicable carry-paying funds and their alternative investment vehicles were liquidated at their June 30, 2024 fair values. Although KKR would be required to remit the entire amount to fund investors that are entitled to receive the clawback payment, KKR would be entitled to seek reimbursement of approximately $228 million of that amount from Associates Holdings, which is not a KKR subsidiary. As of June 30, 2024, Associates Holdings had access to cash reserves sufficient to reimburse the full $228 million that would be due to KKR. If the investments in all carry-paying funds were to be liquidated at zero value, the clawback obligation would have been approximately $4.0 billion, and KKR would be entitled to seek reimbursement of approximately $1.7 billion of that amount from Associates Holdings. KKR will acquire control of Associates Holdings when a subsidiary of KKR becomes its general partner upon the closing of the transactions contemplated to occur on the Sunset Date (as defined in Note 1 "Organization"), which will occur not later than December 31, 2026. Carried interest is recognized in the consolidated statements of operations based on the contractual conditions set forth in the agreements governing the fund as if the fund were terminated and liquidated at the reporting date and the fund's investments were realized at the then estimated fair values. Amounts earned pursuant to carried interest are earned by the general partner of those funds to the extent that cumulative investment returns are positive and where applicable, preferred return thresholds have been met. If these investment amounts earned decrease or turn negative in subsequent periods, recognized carried interest will be reversed and to the extent that the aggregate amount of carry distributions received by the general partner during the term of the fund exceed the amount to which the general partner was ultimately entitled, a clawback obligation would be recorded. For funds that are consolidated, this clawback obligation, if any, is reflected as an increase in noncontrolling interests in the consolidated statements of financial condition. For funds that are not consolidated, this clawback obligation, if any, is reflected as a reduction of KKR's investment balance as this is where carried interest is initially recorded. Indemnifications and Other Guarantees Asset Management and Strategic Holdings Segment KKR may incur contingent liabilities for claims that may be made against it in the future. KKR enters into contracts that contain a variety of representations, warranties and covenants, including indemnifications. KKR (including KFN) and certain of KKR's investment funds have provided and provide certain credit support, such as indemnities and guarantees, relating to a variety of matters, including non-recourse carve-out guarantees for fraud, willful misconduct and other wrongful acts in connection with the financing of (i) certain real estate investments that we have made, including KKR's corporate real estate, and (ii) certain investment vehicles that KKR manages or sponsors. KKR also has provided, and provides, credit support in connection with its businesses, including: i. to certain of its subsidiaries' obligations in connection with a limited number of investment vehicles that KKR manages, ii. in connection with repayment and funding obligations to third-party lenders on behalf of certain employees, excluding its executive officers, in connection with their personal investments in KKR investment funds and a levered multi-asset investment vehicle, iii. to one of its hedge fund partnerships, iv. through a contingent guarantee of a subsidiary’s loan repayment obligations, which does not become effective unless and until its loan becomes accelerated due to certain specified events of default involving the investment vehicles managed by KJRM, v. the obligations of our subsidiaries' funding obligations to our investment vehicles, and vi. certain of our investment vehicles to fund or otherwise be liable for a portion of their investment losses and/or to provide them with liquidity upon certain termination events (the maximum amount of which is unknown until the scheduled termination date of the investment vehicle). In addition, KKR has agreed to tender to one of its consolidated investment vehicles up to a fixed number of shares that KKR owns in it if the net asset value of such shares is less than an agreed upon value on June 1, 2027. KKR may also become liable for certain fees payable to sellers of businesses or assets if a transaction does not close, subject to certain conditions, if any, specified in the acquisition agreements for such businesses or assets. Insurance Segment The Global Atlantic business was formerly owned by The Goldman Sachs Group, Inc. (together with its subsidiaries, "Goldman Sachs"). In connection with the separation of Global Atlantic from Goldman Sachs in 2013, Global Atlantic entered into a tax benefit payment agreement with Goldman Sachs. Under the tax benefit payment agreement, GA FinCo is obligated to make annual payments out of available cash, guaranteed by GAFG, to Goldman Sachs over an approximately 25-year period totaling $214.0 million. As of June 30, 2024, the present value of the remaining amount to be paid is $48.4 million. Although these payments are subordinated and deferrable, deferral of these payments would result in restrictions on distributions by GA FinCo and GAFG. Unless otherwise stated above, KKR's maximum exposure under the arrangements described under this section “—Indemnifications and Other Guarantees” are currently unknown as there are no stated or notional amounts included in these arrangements and KKR's liabilities for these matters would require a claim to be made against KKR in the future. Legal Proceedings From time to time, KKR (including Global Atlantic) is involved in various legal proceedings, requests for information, lawsuits, arbitration and claims incidental to the conduct of KKR's businesses. KKR's businesses are also subject to extensive regulation, which may result in regulatory or other legal proceedings against them. Moreover, in the ordinary course of business, KKR is and can be both the defendant and the plaintiff in numerous lawsuits with respect to acquisitions, bankruptcy, insolvency and other events. Such lawsuits may involve claims that adversely affect the value of certain investments owned by KKR's funds and Global Atlantic's insurance companies. Kentucky Matter In December 2017, KKR & Co. L.P. (which is now KKR Group Co. Inc.) and its then Co-Chief Executive Officers, Henry Kravis and George Roberts, were named as defendants in a lawsuit filed in Kentucky state court (the “2017 Action”) alleging, among other things, the violation of fiduciary and other duties in connection with certain separately managed accounts that Prisma Capital Partners LP, a former subsidiary of KKR, manages for the Kentucky Retirement Systems. Also named as defendants in the lawsuit are certain current and former trustees and officers of the Kentucky Retirement Systems, Prisma Capital Partners LP, and various other service providers to the Kentucky Retirement Systems and their related persons. The 2017 Action was dismissed at the direction of the Supreme Court of Kentucky for lack of Kentucky constitutional standing. This dismissal became final on February 16, 2024. On July 21, 2020, the Office of the Attorney General, on behalf of the Commonwealth of Kentucky (the "Kentucky AG"), filed a new lawsuit in the same Kentucky state court (the “2020 AG Action”) making essentially the same allegations as those raised in the 2017 Action, including against what was then KKR & Co. Inc. (now KKR Group Co. Inc.) and Messrs. Kravis and Roberts. On May 1, 2024, the trial court denied motions to dismiss the 2020 AG Action filed by KKR & Co. Inc. and Messrs. Kravis and Roberts. On April 8, 2024, after receiving permission from the Kentucky trial court in the 2020 AG Action, the Kentucky AG amended its complaint in the 2020 AG Action to add a claim for breach of contract. The Kentucky AG also filed an action (the "2024 AG Action") substantially identical to the 2020 AG Action, including the new claim for breach of contract. On April 23, 2024, KKR & Co. Inc., Messrs. Kravis and Roberts and other defendants moved to strike the Kentucky AG's amended complaint in the 2020 AG Action, to stay consideration of the breach of contract claim and the 2024 AG Action until after the trial court's ruling on the motions to dismiss the 2020 AG Action, and to deny a motion by the Kentucky AG to consolidate the 2020 AG Action and the 2024 AG Action. These motions were denied, and the trial court consolidated the 2020 AG Action with the 2024 AG Action. On June 17, 2024, KKR & Co. Inc., Messrs. Kravis and Roberts and other defendants filed new motions to dismiss the consolidated 2020 AG Action and 2024 AG Action. In January 2021, some of the attorneys for the plaintiffs in the 2017 Action filed a new lawsuit on behalf of a new set of plaintiffs, who claim to be “Tier 3” members of Kentucky Retirement Systems (the “Tier 3 Plaintiffs”), alleging substantially the same allegations as in the 2017 Action. On July 9, 2021, the Tier 3 Plaintiffs served an amended complaint, which purports to assert, on behalf of a class of beneficiaries of Kentucky Retirement Systems, direct claims for breach of fiduciary duty and civil violations under the Racketeer Influenced and Corrupt Organizations Act (“RICO”). This complaint was removed to the U.S. District Court for the Eastern District of Kentucky, which has entered an order staying this case until the completion of the 2020 AG Action. On August 20, 2021, the Tier 3 Plaintiffs and other individual plaintiffs filed a second complaint in Kentucky state court (the “Second Tier 3 Action”), purportedly on behalf of Kentucky Retirement Systems’ funds, alleging the same claims against what was then KKR & Co. Inc. (now KKR Group Co. Inc.) and Messrs. Kravis and Roberts as in the July 9th amended complaint but without the RICO or class action allegations. On May 1, 2024, the trial court denied motions to dismiss the Second Tier 3 Action filed by KKR & Co. Inc. and Messrs. Kravis and Roberts. On July 3, 2024, KKR & Co. Inc., Messrs. Kravis and Roberts and other defendants filed a writ of prohibition asking the Kentucky Court of Appeals to order the trial court to dismiss the Second Tier 3 Action. The Second Tier 3 Action is stayed pending the outcome of this petition. On March 24, 2022, in a separate declaratory judgment action brought by the Commonwealth of Kentucky regarding the enforceability of certain indemnification provisions available to what was then KKR & Co. Inc. (now KKR Group Co. Inc.) and Prisma Capital Partners LP, the Kentucky state court concluded that it has personal jurisdiction over KKR & Co. Inc. in that action, and that the indemnification provisions violated the Kentucky Constitution and were therefore unenforceable. On December 1, 2023, the Kentucky Court of Appeals reversed the trial court’s summary judgment on the issue of personal jurisdiction over KKR & Co. Inc., but affirmed the trial court’s rulings that the indemnification provisions violated the Kentucky Constitution and were unenforceable. On February 5, 2024, the Kentucky Court of Appeals denied the petitions of KKR & Co. Inc. and others for rehearing. On April 8, 2024, KKR & Co. Inc. and other defendants in the declaratory judgment case filed motions with the Supreme Court of Kentucky for discretionary review of the Court of Appeals' December 1, 2023 decision. KKR intends to continue to vigorously defend against these claims against KKR and Messrs. Kravis and Roberts. Shareholder Derivative Litigation On July 30, 2024, a shareholder derivative complaint was filed in Delaware Chancery Court and was subsequently amended on August 7, 2024. The amended complaint claims, among other matters, that the Co-Founders and various current and former executive officers and directors of KKR & Co. Inc. breached fiduciary duties and wasted corporate assets in connection with transactions contemplated by the Reorganization Agreement pursuant to which, among other things, the Co-Founders, certain current and former executive officers, and other senior executives of KKR received common stock from KKR. The suit seeks to recover on behalf of KKR & Co. Inc. a cancellation of shares issued in the reorganization, monetary damages, injunctive relief, restitution, and other remedies. KKR & Co. Inc. intends to move to dismiss the amended complaint. Regulatory Matters KKR currently is, and expects to continue to become from time to time, subject to various examinations, inquiries and investigations by various U.S. and non-U.S. governmental and regulatory agencies. Such examinations, inquiries and investigations may result in the commencement of civil, criminal or administrative proceedings, or the imposition of fines, penalties, or other remedies, against KKR and its personnel. KKR is subject to periodic examinations of its regulated businesses by various U.S. and non-U.S. governmental and regulatory agencies, including but not limited to the Securities and Exchange Commission ("SEC"), Financial Industry Regulatory Authority ("FINRA"), the U.K. Financial Conduct Authority, Central Bank of Ireland, Monetary Authority of Singapore, U.S. state insurance regulatory authorities, and the Bermuda Monetary Authority. KKR may also become subject to inquiries or investigations (through a request for information, civil investigative demand, subpoena or otherwise) by any of the foregoing governmental and regulatory agencies as well as by any other U.S. or non-U.S. governmental or regulatory agency, including but not limited to the SEC, U.S. Department of Justice ("DOJ"), U.S. state attorney generals, and similar non-U.S. governmental or regulatory agencies. KKR is currently subject to investigations by the Antitrust Division of the DOJ related to antitrust matters, including civil investigative demands and a grand jury subpoena seeking information with respect to the accuracy and completeness of certain filings made by KKR pursuant to the premerger notification requirements under the Hart-Scott-Rodino Act of 1976 for certain transactions in 2021 and 2022. KKR is continuing to cooperate with the DOJ in connection with these investigations and is currently engaged in discussions with the DOJ about a potential resolution of these investigations, but there can be no assurance that these discussions will result in a resolution. Any resolution, as well as any adverse outcome from proceedings that may be initiated by the DOJ in the absence of a resolution, could result in a range of adverse financial and non-financial consequences to KKR. In addition, KKR is currently subject to other investigations by the Antitrust Division of the DOJ related to antitrust matters, including restrictions on interlocking directorates under Section 8 of the Clayton Act. KKR is currently cooperating with the DOJ in connection with these other investigations. KKR is also currently subject to investigations by the SEC related to business-related electronic communications, including with respect to the preservation of text messages and similar communications on electronic messaging applications under the Investment Advisers Act of 1940. KKR is continuing to cooperate with the SEC in connection with this investigation and is currently engaged in discussions with the SEC about a potential resolution of this investigation, but there can be no assurance that these discussions will result in a resolution. Loss Contingencies KKR establishes an accrued liability for legal or regulatory proceedings only when those matters present loss contingencies that are both probable and reasonably estimable. KKR includes in its financial statements the amount of any reserve for regulatory, litigation and related matters that Global Atlantic includes in its financial statements. No loss contingency is recorded for matters where such losses are either not probable or reasonably estimable (or both) at the time of determination. Such matters also have the possibility of resulting in losses in excess of any amounts accrued. To the extent KKR can in any particular period estimate an aggregate range of reasonably possible losses, these decisions involve significant judgment given that it is inherently difficult to determine whether any loss for a matter is probable or even possible or to estimate the amount of any loss in many legal, governmental and regulatory matters. Estimating an accrued liability or a reasonably possible loss involves significant judgment due to many uncertainties, including among others: (i) the proceeding may be in early stages; (ii) damages sought may be unspecified, unsupportable, unexplained or uncertain; (iii) discovery may not have been started or is incomplete; (iv) there may be uncertainty as to the outcome of pending appeals or motions; (v) there may be significant factual issues to be resolved; (vi) there may be novel legal issues or unsettled legal theories to be presented or a large number of parties; or (vii) the proceeding relates to a regulatory examination, inquiry, or investigation. It is not possible to predict the ultimate outcome of all pending litigations, arbitrations, claims, and governmental or regulatory examinations, inquiries, investigations and proceedings, and some of the matters discussed above seek or may seek potentially large or indeterminate relief. Consequently, management is unable as of the date of filing of this report to estimate an amount or range of reasonably possible losses related to matters pending against KKR. In addition, any amounts accrued as loss contingencies or disclosed as reasonably possible losses may be, in part or in whole, subject to insurance or other payments such as contributions and indemnity, which may reduce any ultimate loss. As of the date of filing this report, management does not believe, based on currently available information, that the outcomes of the matters pending against KKR will have a material adverse effect upon its financial statements. However, given the potentially large and/or indeterminate relief sought or that may be sought in certain of these matters and the inherent unpredictability of litigations, arbitrations, claims, and governmental or regulatory examinations, inquiries, investigations and proceedings, it is possible that an adverse outcome in certain matters could have a material adverse effect on KKR's financial results in any future period. In addition, there can be no assurance that material losses will not be incurred from claims that have not yet been asserted or those where potential losses have not yet been determined to be probable or possible and reasonably estimable. Other Financing Arrangements Global Atlantic has financing arrangements with unaffiliated third parties to support the reserves of its affiliated special purpose reinsurers. Total fees associated with these financing arrangements were $5.1 million and $5.0 million for the three months ended June 30, 2024 and 2023, respectively, and $10.2 million and $10.1 million for the six months ended June 30, 2024 and 2023, respectively, and are included in insurance expenses in the consolidated statements of operations. As of both June 30, 2024 and December 31, 2023, the total capacity of the financing arrangements with third parties was $2.3 billion. Other than the matters disclosed above, there were no outstanding or unpaid balances from the financing arrangements with unaffiliated third parties as of both June 30, 2024 and December 31, 2023.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS Common Stock Dividend

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited financial statements of KKR & Co. Inc. have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") for interim financial information and the instructions to this Quarterly Report on Form 10-Q. The condensed consolidated financial statements (referred to hereafter as the "financial statements"), including these notes, are unaudited and exclude some of the disclosures required in annual financial statements. Management believes it has made all necessary adjustments (consisting of only normal recurring items) such that the financial statements are presented fairly and that estimates made in preparing the financial statements are reasonable and prudent. The operating results presented for interim periods are not necessarily indicative of the results that may be expected for any other interim period or for the entire year. The consolidated balance sheet data as of December 31, 2023 were derived from audited financial statements included in KKR & Co. Inc.'s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 filed with the U.S. Securities and Exchange Commission ("SEC") on February 29, 2024 (our "Annual Report"), and the financial statements should be read in conjunction with the audited financial statements included therein. Additionally, in the accompanying financial statements, the condensed consolidated statements of financial condition are referred to hereafter as the "consolidated statements of financial condition"; the condensed consolidated statements of operations are referred to hereafter as the "consolidated statements of operations"; the condensed consolidated statements of comprehensive income (loss) are referred to hereafter as the "consolidated statements of comprehensive income (loss)"; the condensed consolidated statements of changes in equity are referred to hereafter as the "consolidated statements of changes in equity"; and the condensed consolidated statements of cash flows are referred to hereafter as the "consolidated statements of cash flows." KKR consolidates the financial results of KKR Group Partnership and its consolidated entities, which include the accounts of KKR's investment management and capital markets companies, the general partners of certain unconsolidated investment funds, general partners of consolidated investment funds and their respective consolidated investment funds, Global Atlantic’s insurance companies and certain other entities including CFEs. The presentations in the consolidated statement of financial condition and consolidated statement of operations reflect the significant industry diversification of KKR by its acquisition of Global Atlantic. Global Atlantic operates an insurance business, and KKR operates an asset management business, which manages the operations of the newly-formed Strategic Holdings segment (see Note 21 - "Segment Reporting"), each of which possess distinct characteristics. As a result, KKR developed a two-tiered approach for the financial statements presentation, where Global Atlantic's insurance operations are presented separately from KKR's asset management business. KKR believes that these separate presentations provide a more informative view of the consolidated financial position and results of operations than traditional aggregated presentations and that reporting Global Atlantic’s insurance operations separately is appropriate given, among other factors, the relative significance of Global Atlantic’s policy liabilities, which are not obligations of KKR. (other than the insurance companies that issued them). If a traditional aggregate presentation were to be used, KKR would expect to eliminate or combine several identical or similar captions, which would condense the presentations, but would also reduce the level of information presented. KKR also believes that using a traditional aggregate presentation would result in no new line items compared to the two-tier presentation included in the financial statements in this report. In the ordinary course of business, KKR’s Asset Management business, Strategic Holdings business and Insurance business enter into transactions with each other, which may include transactions pursuant to their investment management agreements and certain financing arrangements. The borrowings from these financing arrangements are non-recourse to KKR beyond the assets designated to support such borrowings. All of the investment management and financing arrangements amongst KKR segments are eliminated in consolidation. All intercompany transactions and balances have been eliminated.
Use of Estimates	Use of Estimates The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the recognition and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues, expenses, investment income (loss) and income taxes during the reporting periods. Such estimates include but are not limited to (i) the valuation of investments and financial instruments, (ii) the determination of the income tax provision, (iii) the impairment of goodwill and intangible assets, (iv) the impairment of available-for-sale investments, (v) the valuation of insurance policy liabilities, including market risk benefits, (vi) the valuation of embedded derivatives in policy liabilities and funds withheld, (vii) the determination of the allowance for loan losses, and (viii) amortization of deferred revenues and expenses associated with the insurance business.
Compensation and Benefits	Compensation and Benefits Carry Pool Allocation With respect to our funds that provide for carried interest, KKR allocates a portion of the realized and unrealized carried interest that KKR earns to Associates Holdings, which is referred to as the carry pool, from which KKR's asset management employees and certain other carry pool participants are eligible to receive a carried interest allocation. The allocation is determined based upon a fixed arrangement between Associates Holdings and KKR, and KKR does not exercise discretion on whether to make an allocation to the carry pool upon a realization event. KKR refers to the portion of carried interest that KKR allocates to the carry pool as the carry pool percentage. As of December 31, 2023, the carry pool percentage was fixed at 40%, 43% or 65% by investment fund, depending on the fund’s vintage. For funds that closed after December 31, 2020 but before December 31, 2023, the carry pool percentage was fixed at 65%. For funds that closed after June 30, 2017 but before December 31, 2020, the carry pool percentage was fixed at 43%, and the carry pool percentage was fixed at 40% for older funds that contributed to KKR's carry pool. Effective January 2, 2024, KKR is authorized to apply a carry pool percentage in excess of these fixed percentages of up to 80% for all funds. This increase to the carry pool percentage was approved by a majority of KKR's independent directors, and the carry pool percentage may not be increased above 80% without the further approval of a majority of KKR's independent directors. For funds that closed after December 31, 2023, the carry pool percentage is fixed at 80%. For funds that closed prior to December 31, 2023, the carry pool percentage is calculated at a fixed percentage of 40%, 43% or 65% (depending on the fund’s vintage) for carried interest realized up to a high water mark, which was established based on the unrealized carried interest balance that existed on January 2, 2024, plus an additional percentage amount up to 80% based on a formulaic allocation, only if the unrealized carried interest balance at any period end exceeds the high water mark. This imposes a limitation of the carry pool allocation for such funds based on the amount of cumulative unrealized carried interest income earned subsequent to December 31, 2023. For funds that closed before December 31, 2023, if the cumulative carried interest subsequent to December 31, 2023 is not sufficient to fund this formulaic allocation, the allocation of carried interest reverts to the carry pool percentage in effect before this modification. As such, upon modification of the carry pool percentage effective on January 2, 2024, the cumulative unrealized carried interest was not sufficient to fund the additional formulaic allocation percentage in excess of the pre-existing 40%, 43% and 65% carry pool percentages, and therefore no incremental expense was recognized as of such date. The carry pool percentage applicable for all funds that closed prior to December 31, 2023 will not be less than their applicable carry pool percentages of 40%, 43% or 65% prior to December 31, 2023, and will not be more than 80%. The intent of this modification is that for all funds that closed prior to January 2, 2024, upon the final liquidation of each fund, realized carried interest distributed will equal the historical fund carry pool allocations up to the high water mark and only distributions of realized carried interest in excess of the high water mark will be distributed at 80 percent if and only if the unrealized carried interest balance at any period end exceeds the high water mark. Under no circumstance would a distribution of carried interest exceed 80% of the total allocable carried interest at any time. KKR accounts for the carry pool as a compensatory profit-sharing arrangement in Accrued Expenses and Other Liabilities within the accompanying consolidated statements of financial condition in conjunction with the related carried interest income and it is recorded as compensation expense. The liability that is recorded in each period reflects the legal entitlement of Associates Holdings at each point in time should the total unrealized carried interest be realized at the value recorded at each reporting date. Upon a reversal of carried interest income, the related carry pool allocation, if any, is also reversed. Accordingly, such compensation expense is subject to both positive and negative adjustments.
Adoption of new accounting pronouncements and Future application of accounting standards	Adoption of new accounting pronouncements Fair value measurement of equity securities subject to contractual sale restrictions In June 2022, the FASB issued ASU 2022–03, ASC Subtopic 820 “Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions” ("ASU 2022–03"). According to ASU 2022-03, an entity should not consider the contractual sale restriction when measuring the equity security’s fair value and an entity is not allowed to recognize a contractual sale restriction as a separate unit of account. ASU 2022–03 is effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. KKR adopted this accounting standard effective January 1, 2024 and its adoption on a prospective basis did not have any material impact on KKR's consolidated financial statements. Accounting for Investments in Tax Credit Structures In March 2023, the FASB issued ASU 2023–02 "Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method" ("ASU 2023–02") to expand the population of investments in tax credit structures that may be eligible to apply the proportional amortization method (“PAM”), if certain criteria are met. The election to use the PAM can be made on a tax credit program-by-program basis. Under the new guidance, certain disclosures are required for investments in tax credit programs for which the PAM is elected. The guidance is effective for fiscal years beginning after December 15, 2023. KKR adopted this accounting standard effective January 1, 2024 and its adoption did not have any material impact on KKR's consolidated financial statements. Future application of accounting standards Improvements to Reportable Segment Disclosures In November 2023, the FASB issued ASU 2023–07 "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures" ("ASU 2023–07"). ASU 2023–07 intends to improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. This is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. KKR is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements and disclosures. Scope Application of Profits Interest and Similar Awards In March 2024, the FASB issued ASU 2024–01, Compensation—Stock Compensation (Topic 718): Scope Application of Profits Interest and Similar Awards (“ASU 2024–01”). ASU 2024–01 amends the guidance in Accounting Standard Codification 718 (“ASC 718”) by adding an illustrative example to demonstrate and clarify how to apply the scope guidance to determine whether profits interests and similar awards should be accounted for as a share-based payment arrangement under ASC 718 or another standard. ASU 2024–01 will be effective for KKR’s reporting period ended March 31, 2025. KKR is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements and disclosures. Improvements to Income Tax Disclosures In December 2023, the FASB issued ASU 2023–09 "Improvements to Income Tax Disclosures" ("ASU 2023–09"). ASU 2023–09 intends to enhance the transparency and decision usefulness of income tax disclosures, requiring disaggregated information about an entity’s effective tax rate reconciliation as well as income taxes paid. This is effective for fiscal years beginning after December 15, 2024. KKR is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements and disclosures.

REVENUES - ASSET MANAGEMENT A_2

REVENUES - ASSET MANAGEMENT AND STRATEGIC HOLDINGS (Tables)	6 Months Ended
	Jun. 30, 2024
Revenue from Contract with Customer [Abstract]
Schedule of Asset Management and Strategic Holdings Revenues	For the three and six months ended June 30, 2024 and 2023, respectively, Asset Management and Strategic Holdings revenues consisted of the following: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Management Fees $ 470,076 $ 446,809 $ 956,830 $ 899,902 Fee Credits (83,456) (49,612) (177,502) (107,143) Transaction Fees 316,457 269,416 535,075 479,255 Monitoring Fees 43,313 34,796 92,280 64,649 Incentive Fees 27,203 12,158 33,829 18,571 Expense Reimbursements 27,168 16,840 35,261 32,384 Consulting Fees 21,563 24,040 40,077 43,845 Fees and Other 822,324 754,447 1,515,850 1,431,463 Carried Interest 640,322 540,615 1,785,250 883,685 General Partner Capital Interest 97,803 156,282 215,817 262,230 Total Capital Allocation-Based Income (Loss) 738,125 696,897 2,001,067 1,145,915 Total Revenues $ 1,560,449 $ 1,451,344 $ 3,516,917 $ 2,577,378

NET GAINS (LOSSES) FROM INVES_2

NET GAINS (LOSSES) FROM INVESTMENT ACTIVITIES - ASSET MANAGEMENT AND STRATEGIC HOLDINGS (Tables)	6 Months Ended
	Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Schedule of Total Net Gains (Losses) from Investment Activities	The following table summarizes total Net Gains (Losses) from Investment Activities: Three Months Ended June 30, 2024 Three Months Ended June 30, 2023 Net Realized Gains (Losses) Net Unrealized Gains (Losses) Total Net Realized Gains (Losses) Net Unrealized Gains (Losses) Total Private Equity (1) $ 37,556 $ 98,384 $ 135,940 $ (27,156) $ 507,346 $ 480,190 Credit (1) 10,864 (77,138) (66,274) (276,849) 316,985 40,136 Investments of Consolidated CFEs (1) (1,715) (89,021) (90,736) (44,865) 251,101 206,236 Real Assets (1) 58,512 110,136 168,648 51,620 (183,635) (132,015) Equity Method - Other (1) 101,086 55,650 156,736 18,817 233,278 252,095 Other Investments (1) (1,129) (85,041) (86,170) (210,136) 188,596 (21,540) Foreign Exchange Forward Contracts and Options (2) 22,699 67,212 89,911 61,106 (70,072) (8,966) Securities Sold Short (2) (9,580) 12,784 3,204 2,519 (5,669) (3,150) Other Derivatives (2) (7,584) 6,405 (1,179) 16,070 (8,419) 7,651 Debt Obligations and Other (3) 13,346 69,241 82,587 19,574 (270,126) (250,552) Net Gains (Losses) From Investment Activities $ 224,055 $ 168,612 $ 392,667 $ (389,300) $ 959,385 $ 570,085 Six Months Ended June 30, 2024 Six Months Ended June 30, 2023 Net Realized Gains (Losses) Net Unrealized Gains (Losses) Total Net Realized Gains (Losses) Net Unrealized Gains (Losses) Total Private Equity (1) $ 24,880 $ 446,825 $ 471,705 $ 171,925 $ 470,682 $ 642,607 Credit (1) 68,294 (158,589) (90,295) (299,812) 421,760 121,948 Investments of Consolidated CFEs (1) 3,290 7,952 11,242 (49,882) 568,982 519,100 Real Assets (1) (50,886) 4,913 (45,973) 61,054 (509,544) (448,490) Equity Method - Other (1) 203,989 143,190 347,179 58,036 262,783 320,819 Other Investments (1) (270,987) 260,437 (10,550) (322,799) 188,077 (134,722) Foreign Exchange Forward Contracts and Options (2) 57,838 215,415 273,253 2,471 (33,803) (31,332) Securities Sold Short (2) (16,749) 10,691 (6,058) (956) (3,428) (4,384) Other Derivatives (2) (7,497) 8,768 1,271 13,948 5,911 19,859 Debt Obligations and Other (3) 20,978 58,077 79,055 76,095 (670,824) (594,729) Net Gains (Losses) From Investment Activities $ 33,150 $ 997,679 $ 1,030,829 $ (289,920) $ 700,596 $ 410,676 (1) See Note 7 "Investments." (2) See Note 8 "Derivatives" and Note 14 "Other Assets and Accrued Expenses and Other Liabilities." (3)

NET INVESTMENT INCOME - INSUR_2

NET INVESTMENT INCOME - INSURANCE (Tables)	6 Months Ended
	Jun. 30, 2024
Investments, All Other Investments [Abstract]
Schedule of Investment Income	The components of net investment income were as follows: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Fixed Maturity Securities – Interest and Other Income $ 1,417,627 $ 1,086,016 $ 2,744,637 $ 2,136,812 Mortgage and Other Loan Receivables 629,555 472,074 1,189,237 931,220 Investments in Transportation and Other Leased Assets 84,046 78,727 162,506 154,915 Investments in Renewable Energy 11,811 17,346 25,402 37,929 Investments in Real Estate 52,259 43,360 98,238 79,461 Short-term and Other Investment Income 124,920 54,678 292,251 132,294 Income Assumed from Funds Withheld Receivable at Interest 18,483 25,681 40,716 47,782 Policy Loans 19,577 8,424 44,080 18,701 Income Ceded to Funds Withheld Payable at Interest (586,365) (317,260) (1,106,364) (618,483) Gross Investment Income 1,771,913 1,469,046 3,490,703 2,920,631 Less Investment Expenses: Investment Management and Administration 115,233 80,137 232,322 165,478 Transportation, Renewable Energy and Real-estate Asset Depreciation and Maintenance 49,768 57,226 99,919 106,388 Interest Expense on Derivative Collateral and Repurchase Agreements 26,414 20,628 58,062 37,013 Net Investment Income $ 1,580,498 $ 1,311,055 $ 3,100,400 $ 2,611,752

NET INVESTMENT-RELATED GAINS _2

NET INVESTMENT-RELATED GAINS (LOSSES) - INSURANCE (Tables)	6 Months Ended
	Jun. 30, 2024
Insurance [Abstract]
Schedule of Net Investment Losses	Net investment-related losses were as follows: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Realized Losses on Available-for-sale Fixed Maturity Debt Securities $ (74,466) $ (55,471) $ (102,623) $ (52,039) Credit Loss Allowances on Available-for-sale Securities (20,627) (30,622) 8,740 (106,940) Credit Loss Allowances on Mortgage and Other Loan Receivables (44,554) (30,580) (171,456) (94,691) Allowances on Unfunded Commitments 31,839 39,594 27,261 31,594 Impairment of Available-for-sale Fixed Maturity Debt Securities Due to Intent to Sell — — — (26,741) Unrealized (Losses) Gains on Fixed Maturity Securities Classified as Trading (485,257) (66,627) (584,836) 309,663 Unrealized Losses on Investments Recognized under the Fair-value Option and Equity Investments (34,961) (3,440) (77,168) (59,213) Unrealized (Losses) Gains on Real Estate Investments Recognized at Fair Value Under Investment Company Accounting (28,766) (43,371) (106,777) 19,821 Net Gains (Losses) on Derivative Instruments 324,818 78,244 425,786 (269,981) Realized Gains on Funds Withheld at Interest Payable Portfolio 46,018 3,632 70,305 7,612 Realized (Losses) Gains on Funds Withheld at Interest Receivable Portfolio (20,762) (12,020) (23,048) 5,713 Other Realized (Losses) Gains 4,098 3,111 (10,290) (6,181) Net Investment-Related Losses $ (302,620) $ (117,550) $ (544,106) $ (241,383)
Schedule of Roll-forward of the Allowance for Credit Losses for Fixed Maturity Securities	The table below presents a roll-forward of the allowance for credit losses recognized for fixed maturity securities held by Global Atlantic: Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Corporate Structured Total Corporate Structured Total Balance, as of Beginning of Period $ 28,919 $ 181,041 $ 209,960 $ 49,008 $ 219,704 $ 268,712 Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance 13,649 383 14,032 22,343 1,260 23,603 Accretion of Initial Credit Loss Allowance on PCD Securities — 152 152 — 315 315 Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance (180) (2,968) (3,148) (240) (8,827) (9,067) Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance 22,222 (15,627) 6,595 17,128 (49,471) (32,343) Balances Charged Off — (12,377) (12,377) (23,629) (12,377) (36,006) Balance, as of End of Period $ 64,610 $ 150,604 $ 215,214 $ 64,610 $ 150,604 $ 215,214 Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 Corporate Structured Total Corporate Structured Total Balance, as of beginning of period $ 1,449 $ 199,665 $ 201,114 $ 1,298 $ 127,034 $ 128,332 Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance 20,586 1,808 22,394 20,737 47,008 67,745 Accretion of Initial Credit Loss Allowance on PCD Securities — 336 336 — 687 687 Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance — (2,774) (2,774) — (6,661) (6,661) Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance 916 7,312 8,228 916 38,279 39,195 Balance, as of End of Period $ 22,951 $ 206,347 $ 229,298 $ 22,951 $ 206,347 $ 229,298
Schedule of Changes in the Allowance for Loan Losses for Mortgages and Other Receivables	Changes in the allowance for credit losses on mortgage and other loan receivables held by Global Atlantic are summarized below: Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Balance, as of Beginning of Period $ 360,408 $ 101,424 $ 214,164 $ 675,996 $ 319,631 $ 107,204 $ 175,608 $ 602,443 Net Provision (Release) 30,184 (9,047) 23,417 44,554 87,340 (14,188) 98,304 171,456 Charge-offs (82,225) (2,143) (41,125) (125,493) (98,604) (2,782) (82,564) (183,950) Recoveries of Amounts Previously Charged-off — — 6,199 6,199 — — 11,307 11,307 Balance, as of End of Period $ 308,367 $ 90,234 $ 202,655 $ 601,256 $ 308,367 $ 90,234 $ 202,655 $ 601,256 Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Balance, as of Beginning of Period $ 247,426 $ 134,447 $ 207,227 $ 589,100 $ 227,315 $ 125,824 $ 207,089 $ 560,228 Net Provision (Release) 6,440 7,218 16,922 30,580 26,551 17,534 50,606 94,691 Charge-offs (14,000) (1,729) (34,576) (50,305) (14,000) (3,422) (69,948) (87,370) Recoveries of Amounts Previously Charged-off — — 8,674 8,674 — — 10,500 10,500 Balance, as of End of Period $ 239,866 $ 139,936 $ 198,247 $ 578,049 $ 239,866 $ 139,936 $ 198,247 $ 578,049
Schedule of Proceeds from Voluntary Sales and Gross Gains and Losses for AFS Fixed Maturity Securities	The proceeds from voluntary sales and the gross gains and losses on those sales of available-for-sale ("AFS") fixed maturity securities were as follows: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 AFS Fixed Maturity Securities: Proceeds from Voluntary Sales $ 6,960,180 $ 1,728,403 $ 8,959,469 $ 3,135,328 Gross Gains $ 35,365 $ 15,101 $ 43,724 $ 30,565 Gross Losses $ (102,469) $ (70,812) $ (119,013) $ (80,856)

INVESTMENTS (Tables)

INVESTMENTS (Tables)	6 Months Ended
	Jun. 30, 2024
Investments [Abstract]
Schedule of Investments	Investments consist of the following: June 30, 2024 December 31, 2023 Asset Management and Strategic Holdings Private Equity $ 33,772,195 $ 32,742,484 Credit 7,925,996 8,274,904 Investments of Consolidated CFEs 24,890,663 24,996,298 Real Assets 13,245,951 12,000,008 Equity Method - Other 8,249,013 8,163,831 Equity Method - Capital Allocation-Based Income 9,241,215 7,877,904 Other Investments 4,721,953 4,579,372 Investments - Asset Management and Strategic Holdings $ 102,046,987 $ 98,634,801 Insurance Fixed Maturity Securities, Available-for-sale, at Fair Value (1) $ 73,822,837 $ 69,414,188 Mortgage and Other loan Receivables 46,820,112 39,177,927 Fixed Maturity Securities, Trading, at Fair Value (2) 24,851,300 18,805,470 Other Investments 13,755,206 9,683,326 Funds Withheld Receivable at Interest 2,621,913 2,713,645 Policy Loans 1,609,396 1,556,030 Equity Securities at Fair Value 21,497 19,737 Investments - Insurance $ 163,502,261 $ 141,370,323 Total Investments $ 265,549,248 $ 240,005,124 (1) Amortized cost of $83.8 billion and $78.7 billion, net of credit loss allowances of $215.2 million and $268.7 million, respectively. (2) Amortized cost of $27.1 billion and $20.5 billion, respectively. Trading fixed maturity securities are held to back funds withheld payable at interest. The investment performance on these investments is ceded to third-party reinsurers. Other investments consist of the following: June 30, 2024 December 31, 2023 Investments in Real Estate (1) $ 7,172,981 $ 4,778,431 Investments in Renewable Energy (2) 1,349,150 1,348,080 Investments in Transportation and Other Leased Assets (3) 3,033,344 2,972,469 Other Investment Funds and Partnerships 1,812,143 179,469 Federal Home Loan Bank (FHLB), Common Stock and Other Investments 387,588 404,877 Total Other Investments $ 13,755,206 $ 9,683,326 (1) Primarily comprised of investments in real estate that are held in consolidated investment companies that use fair value accounting. (2) Net of accumulated depreciation attributed to consolidated renewable energy assets of $172.8 million and $154.1 million as of June 30, 2024 and December 31, 2023, respectively. (3) Net of accumulated depreciation of $371.8 million and $313.6 million as of June 30, 2024 and December 31, 2023, respectively.
Schedule of AFS Fixed Maturity Securities	The cost or amortized cost and fair value for AFS fixed maturity securities were as follows: Cost or Amortized Cost Allowance for Credit Losses (1)(2) Gross Unrealized Fair Value As of June 30, 2024 Gains Losses AFS Fixed Maturity Securities Portfolio by Type: U.S. Government and Agencies $ 2,692,499 $ — $ 3,946 $ (103,068) $ 2,593,377 U.S. State, Municipal and Political Subdivisions 5,148,330 — 11,136 (1,023,745) 4,135,721 Corporate 46,812,242 (64,610) 95,151 (7,225,518) 39,617,265 Residential Mortgage-backed Securities, or “RMBS” 11,528,424 (107,667) 35,851 (744,752) 10,711,856 Commercial Mortgage-backed Securities, or “CMBS” 8,148,249 (22,643) 7,542 (543,926) 7,589,222 Collateralized Bond Obligations, or “CBOs” 2,804,013 (1,366) — (135,757) 2,666,890 CLOs 3,723,617 (9,175) 13,506 (37,703) 3,690,245 Asset-Backed Securities, or “ABSs” 2,939,066 (9,753) 18,222 (129,274) 2,818,261 Total AFS Fixed Maturity Securities $ 83,796,440 $ (215,214) $ 185,354 $ (9,943,743) $ 73,822,837 (1) Represents the cumulative amount of credit impairments that have been recognized in the consolidated statements of operations (as net investment (losses) gains) or that were recognized as a gross-up of the purchase price of PCD securities. Amount excludes unrealized losses related to non-credit impairment. (2) Includes credit loss allowances on purchase-credit deteriorated fixed-maturity securities of $(6.5) million. Cost or Amortized Cost Allowance for Credit Losses (1)(2) Gross Unrealized Fair Value As of December 31, 2023 Gains Losses AFS Fixed Maturity Securities Portfolio by Type: U.S. Government and Agencies $ 1,209,507 $ — $ 62,514 $ (68,929) $ 1,203,092 U.S. State, Municipal and Political Subdivisions 5,562,826 — 29,699 (985,133) 4,607,392 Corporate 46,378,337 (49,008) 211,570 (6,592,143) 39,948,756 RMBS 8,734,629 (152,067) 38,206 (674,550) 7,946,218 CMBS 7,491,743 (35,953) 4,195 (731,358) 6,728,627 CBOs 2,951,511 (1,214) — (143,818) 2,806,479 CLOs 3,493,731 (19,077) 6,483 (52,365) 3,428,772 ABSs 2,901,573 (11,393) 14,358 (159,686) 2,744,852 Total AFS Fixed Maturity Securities $ 78,723,857 $ (268,712) $ 367,025 $ (9,407,982) $ 69,414,188 (1) Represents the cumulative amount of credit impairments that have been recognized in the consolidated statements of operations (as net investment (losses) gains) or that were recognized as a gross-up of the purchase price of PCD securities. Amount excludes unrealized losses related to non-credit impairment. (2) Includes credit loss allowances on purchase-credit deteriorated fixed-maturity securities of $(12.8) million. The maturity distribution for AFS fixed maturity securities is as follows: As of June 30, 2024 Cost or Fair Value Due in One Year or Less $ 1,329,075 $ 1,305,155 Due After One Year Through Five Years 13,855,349 13,413,774 Due After Five Years Through Ten Years 7,331,464 6,820,971 Due After Ten Years 32,072,573 24,806,463 Subtotal 54,588,461 46,346,363 RMBS 11,420,757 10,711,856 CMBS 8,125,606 7,589,222 CBOs 2,802,647 2,666,890 CLOs 3,714,442 3,690,245 ABSs 2,929,313 2,818,261 Total AFS Fixed Maturity Securities $ 83,581,226 $ 73,822,837 The following tables provide information about AFS fixed maturity securities that have been continuously in an unrealized loss position: Less Than 12 months 12 months or More Total As of June 30, 2024 Fair Unrealized Losses Fair Unrealized Losses Fair Unrealized Losses AFS Fixed Maturity Securities Portfolio by Type: U.S. Government and Agencies $ 1,952,172 $ (26,359) $ 253,096 $ (76,709) $ 2,205,268 $ (103,068) U.S. State, Municipal and Political Subdivisions 232,819 (2,375) 3,568,898 (1,021,370) 3,801,717 (1,023,745) Corporate 6,962,052 (235,497) 24,557,419 (6,990,021) 31,519,471 (7,225,518) RMBS 3,393,010 (96,345) 4,363,414 (648,407) 7,756,424 (744,752) CMBS 880,997 (5,984) 5,440,403 (537,942) 6,321,400 (543,926) CBOs 2,969 (167) 2,663,922 (135,590) 2,666,891 (135,757) CLOs 595,198 (1,264) 432,627 (36,439) 1,027,825 (37,703) ABSs 443,668 (6,475) 1,715,971 (122,799) 2,159,639 (129,274) Total AFS Fixed Maturity Securities in a Continuous Loss Position $ 14,462,885 $ (374,466) $ 42,995,750 $ (9,569,277) $ 57,458,635 $ (9,943,743) Less Than 12 months 12 months or More Total As of December 31, 2023 Fair Unrealized Losses Fair Unrealized Losses Fair Unrealized Losses AFS Fixed Maturity Securities Portfolio by Type: U.S. Government and Agencies $ 94,807 $ (2,512) $ 198,750 $ (66,417) $ 293,557 $ (68,929) U.S. State, Municipal and Political Subdivisions 112,468 (4,140) 3,829,447 (980,993) 3,941,915 (985,133) Corporate 4,360,234 (189,026) 27,108,292 (6,403,117) 31,468,526 (6,592,143) RMBS 1,371,230 (66,550) 4,354,902 (608,000) 5,726,132 (674,550) CMBS 332,095 (4,535) 6,031,766 (726,823) 6,363,861 (731,358) CBOs 1,867 (118) 2,804,612 (143,700) 2,806,479 (143,818) CLOs 246,728 (868) 1,679,813 (51,497) 1,926,541 (52,365) ABSs 553,438 (15,760) 1,742,373 (143,926) 2,295,811 (159,686) Total AFS Fixed Maturity Securities in a Continuous Loss Position $ 7,072,867 $ (283,509) $ 47,749,955 $ (9,124,473) $ 54,822,822 $ (9,407,982)
Schedule of Mortgage and Other Loans Receivable	Mortgage and other loan receivables consist of the following: June 30, 2024 December 31, 2023 Commercial Mortgage Loans (1) $ 23,388,168 $ 21,861,245 Residential Mortgage Loans (1) 18,048,717 12,722,778 Consumer Loans 4,548,750 4,424,882 Other Loan Receivables (2) 1,435,733 771,465 Total Mortgage and Other Loan Receivables 47,421,368 39,780,370 Allowance for Credit Losses (3) (601,256) (602,443) Total Mortgage and Other Loan Receivables, Net of Allowance for Credit Losses $ 46,820,112 $ 39,177,927 (1) Includes $603.2 million and $697.4 million of loans carried at fair value using the fair value option as of June 30, 2024 and December 31, 2023, respectively. The fair value option was elected for these loans for asset-liability matching purposes. These loans had unpaid principal balances of $683.7 million and $785.2 million as of June 30, 2024 and December 31, 2023, respectively. (2) As of June 30, 2024, other loan receivables consisted primarily of renewable energy development loans, warehouse facility loans backed by agricultural mortgages, loans collateralized by aircraft and loans collateralized by residential mortgages of $454.7 million, $427.0 million, $347.5 million and $200.0 million, respectively. As of December 31, 2023, other loan receivables consisted primarily of loans collateralized by aircraft and loans collateralized by residential mortgages of $315.4 million and $200.0 million, respectively. (3) Includes credit loss allowances on purchase-credit deteriorated mortgage and other loan receivables of $(74.2) million and $(91.7) million as of June 30, 2024 and December 31, 2023, respectively.
Schedule of Maturity Distribution by Contractual Maturity for Residential and Commercial Mortgage Loans	The maturity distribution for residential and commercial mortgage loans was as follows as of June 30, 2024: Years Residential Commercial Total Mortgage Loans Remainder of 2024 $ 38,199 $ 1,397,343 $ 1,435,542 2025 13,554 4,172,761 4,186,315 2026 718,315 6,519,410 7,237,725 2027 705,246 4,778,327 5,483,573 2028 132,725 1,629,779 1,762,504 2029 12,568 1,058,119 1,070,687 Thereafter 16,428,110 3,832,429 20,260,539 Total $ 18,048,717 $ 23,388,168 $ 41,436,885
Schedule of Mortgage Loan Portfolio by Geographic Region and Property Type	The following tables present the mortgage loans by geographic region and property type: Mortgage Loans – Carrying Value by Geographic Region June 30, 2024 December 31, 2023 Pacific $ 10,404,460 25.1 % $ 8,649,256 25.0 % West South Central 4,905,114 11.8 % 4,202,501 12.2 % South Atlantic 11,436,329 27.6 % 9,653,955 27.9 % Middle Atlantic 5,124,146 12.4 % 4,436,129 12.8 % East North Central 1,387,501 3.3 % 1,166,460 3.4 % Mountain 3,887,484 9.4 % 3,262,801 9.4 % New England 1,596,074 3.9 % 1,470,741 4.3 % East South Central 882,066 2.1 % 731,053 2.1 % West North Central 434,126 1.0 % 358,609 1.0 % Other regions 1,379,585 3.4 % 652,518 1.9 % Total by Geographic Region $ 41,436,885 100.0 % $ 34,584,023 100.0 % Mortgage Loans – Carrying Value by Property Type June 30, 2024 December 31, 2023 Residential $ 18,048,717 43.6 % $ 12,722,778 36.8 % Office Building 4,395,821 10.6 % 4,586,277 13.3 % Multi-family 11,681,149 28.2 % 11,495,638 33.2 % Industrial 5,667,852 13.7 % 4,415,819 12.8 % Retail 487,948 1.2 % 493,596 1.4 % Warehouse 341,488 0.8 % 291,116 0.8 % Other Property Types 813,910 1.9 % 578,799 1.7 % Total by Property Type $ 41,436,885 100.0 % $ 34,584,023 100.0 %
Schedule of Receivables by Credit Quality Indicator	The following table represents the portfolio of mortgage and loan receivables by origination year and performance status as of June 30, 2024 and December 31, 2023: By Year of Origination Performance Status as of June 30, 2024 2024 2023 2022 2021 2020 Prior Total Commercial Mortgage Loans Gross Charge-offs for the Six Months Ended June 30, 2024 $ — $ — $ — $ (43,298) $ (10,695) $ (44,611) $ (98,604) Current $ 1,853,348 $ 3,539,657 $ 6,408,684 $ 6,596,440 $ 622,724 $ 4,183,327 $ 23,204,180 30 to 59 Days Past Due — — — — — — — 60 to 89 Days Past Due — — — — — — — 90 days or More Past Due or in Process of Foreclosure — — — 138,573 — 45,415 183,988 Total Commercial Mortgage Loans $ 1,853,348 $ 3,539,657 $ 6,408,684 $ 6,735,013 $ 622,724 $ 4,228,742 $ 23,388,168 Residential Mortgage Loans Gross Charge-offs for the Six Months Ended June 30, 2024 $ (6) $ (7) $ (530) $ (1,403) $ (418) $ (418) $ (2,782) Current $ 3,950,152 $ 4,353,437 $ 1,958,298 $ 4,290,436 $ 1,336,736 $ 1,613,202 $ 17,502,261 30 to 59 Days Past Due 85,723 43,443 26,092 27,062 4,694 81,575 268,589 60 to 89 Days Past Due 1,141 11,112 7,786 19,770 1,203 28,739 69,751 90 days or More Past Due or in Process of Foreclosure — 12,460 21,473 50,993 7,767 115,423 208,116 Total Residential Mortgage Loans $ 4,037,016 $ 4,420,452 $ 2,013,649 $ 4,388,261 $ 1,350,400 $ 1,838,939 $ 18,048,717 Consumer Loans Gross Charge-offs for the Six Months Ended June 30, 2024 $ (62) $ (2,040) $ (12,021) $ (41,055) $ (11,436) $ (15,823) $ (82,437) Current $ 115,898 $ 481,349 $ 508,131 $ 1,556,029 $ 632,189 $ 1,155,580 $ 4,449,176 30 to 59 Days Past Due 140 1,953 3,973 25,195 3,344 14,789 49,394 60 to 89 Days Past Due 124 1,223 2,045 10,695 2,194 6,254 22,535 90 days or More Past Due or in Process of Foreclosure 35 1,480 3,683 10,909 2,716 8,822 27,645 Total Consumer Loans $ 116,197 $ 486,005 $ 517,832 $ 1,602,828 $ 640,443 $ 1,185,445 $ 4,548,750 Total Mortgage and Consumer Loan Receivables $ 6,006,561 $ 8,446,114 $ 8,940,165 $ 12,726,102 $ 2,613,567 $ 7,253,126 $ 45,985,635 By Year of Origination Performance Status as of December 31, 2023 2023 2022 2021 2020 2019 Prior Total Commercial Mortgage Loans Gross Charge-offs for the Year Ended December 31, 2023 $ — $ — $ — $ — $ (14,000) $ (7,616) $ (21,616) Current $ 3,600,652 $ 6,278,419 $ 6,633,293 $ 624,457 $ 1,395,717 $ 2,969,381 $ 21,501,919 30 to 59 Days Past Due — — — — — — — 60 to 89 Days Past Due — — — — — 79,635 79,635 90 days or More Past Due or in Process of Foreclosure — — 182,069 36,859 — 60,763 279,691 Total Commercial Mortgage Loans $ 3,600,652 $ 6,278,419 $ 6,815,362 $ 661,316 $ 1,395,717 $ 3,109,779 $ 21,861,245 Residential Mortgage Loans Gross Charge-offs for the Year Ended December 31, 2023 $ (6) $ (1,228) $ (2,244) $ (913) $ (1,412) $ (2,373) $ (8,176) Current $ 2,794,600 $ 1,981,373 $ 4,518,357 $ 1,358,200 $ 221,566 $ 1,365,231 $ 12,239,327 30 to 59 Days Past Due 43,432 22,291 37,082 3,554 5,461 84,079 195,899 60 to 89 Days Past Due 8,467 8,520 9,991 1,437 1,389 26,565 56,369 90 days or More Past Due or in Process of Foreclosure 2,518 19,326 72,753 12,048 9,265 115,273 231,183 Total Residential Mortgage Loans $ 2,849,017 $ 2,031,510 $ 4,638,183 $ 1,375,239 $ 237,681 $ 1,591,148 $ 12,722,778 Consumer Loans Gross Charge-offs for the Year Ended December 31, 2023 $ (185) $ (18,117) $ (83,147) $ (23,273) $ (15,740) $ (19,783) $ (160,245) Current $ 109,393 $ 497,113 $ 1,726,280 $ 701,655 $ 610,988 $ 656,270 $ 4,301,699 30 to 59 Days Past Due 1,707 4,229 28,966 5,082 4,497 12,686 57,167 60 to 89 Days Past Due 1,193 2,548 14,872 3,298 2,561 6,756 31,228 90 days or More Past Due or in Process of Foreclosure 2,597 3,991 13,461 4,281 3,907 6,551 34,788 Total Consumer Loans $ 114,890 $ 507,881 $ 1,783,579 $ 714,316 $ 621,953 $ 682,263 $ 4,424,882 Total Mortgage and Consumer Loan Receivables $ 6,564,559 $ 8,817,810 $ 13,237,124 $ 2,750,871 $ 2,255,351 $ 5,383,190 $ 39,008,905
Schedule of Loan-To-Value Ratios	The following table summarizes Global Atlantic's loan-to-value ratios for its commercial mortgage loans as of June 30, 2024 and December 31, 2023: Loan-to-value as of June 30, 2024, by Year of Origination Carrying Value Loan-to-value 70% and Less Carrying Value Loan-to-value 71% - 90% Carrying Value Loan-to-value Over 90% Total Carrying Value 2024 $ 1,853,348 $ — $ — $ 1,853,348 2023 3,539,657 — — 3,539,657 2022 6,042,790 365,894 — 6,408,684 2021 4,864,697 1,552,069 318,247 6,735,013 2020 495,159 92,375 35,190 622,724 2019 1,249,252 54,831 38,589 1,342,672 Prior 2,730,291 53,666 102,113 2,886,070 Total Commercial Mortgage Loans $ 20,775,194 $ 2,118,835 $ 494,139 $ 23,388,168 Loan-to-value as of December 31, 2023, by Year of Origination Carrying Value Loan-to-value 70% and Less Carrying Value Loan-to-value 71% - 90% Carrying Value Loan-to-value Over 90% Total Carrying Value 2023 $ 3,600,652 $ — $ — $ 3,600,652 2022 5,912,623 365,796 — 6,278,419 2021 5,110,011 1,483,763 221,588 6,815,362 2020 496,085 93,210 72,021 661,316 2019 1,257,983 93,661 44,073 1,395,717 2018 881,620 52,640 114,989 1,049,249 Prior 1,991,780 — 68,750 2,060,530 Total Commercial Mortgage Loans $ 19,250,754 $ 2,089,070 $ 521,421 $ 21,861,245
Schedule of Financing Receivable, Troubled Debt Restructuring	The tables below present the carrying value of loans to borrowers experiencing financial difficulty, for which modifications have been granted during the six months ended June 30, 2024 and 2023: Six Months Ended June 30, 2024 by Loan Type Deferral of Amounts Due Interest Rate Relief Maturity Extension Combination (1) Total Percentage of Total Carrying Value Outstanding Commercial Mortgage Loans $ — $ — $ — $ 221,089 $ 221,089 0.95 % Residential Mortgage Loans (2) 3,291 — 148 8,227 11,666 0.06 % Consumer Loans 1,607 667 20,329 24,207 46,810 1.03 % Total $ 4,898 $ 667 $ 20,477 $ 253,523 $ 279,565 (1) Includes modifications involving a combination of deferral of amounts due, interest rate relief, or maturity extension. (2) Certain loans that were modified in the prior quarter have since been repaid in full. Six Months Ended June 30, 2023 by Loan Type Deferral of Amounts Due Interest Rate Relief Maturity Extension Combination (1) Total Percentage of Total Carrying Value Outstanding Commercial Mortgage Loans $ — $ — $ — $ 198,371 $ 198,371 1.01 % Residential Mortgage Loans (2) 1,090 1,201 29,493 2,292 34,076 0.30 % Consumer Loans 4,266 1,395 44,074 9,513 59,248 1.23 % Total $ 5,356 $ 2,596 $ 73,567 $ 210,176 $ 291,695 (1) Includes modifications involving a combination of deferral of amounts due, interest rate relief, or maturity extension. (2) Certain loans that were modified in the prior quarter have since been repaid in full. The table below presents the performance status of the loans modified during the twelve months ended June 30, 2024: Performance Status as of June 30, 2024 by Loan Type Current 30-59 Days Past Due 60-89 Days Past Due 90 days or More Past Due or in Process of Foreclosure Total Commercial Mortgage Loans $ 531,915 $ — $ — $ — $ 531,915 Residential Mortgage Loans 11,149 1,935 308 4,354 17,746 Consumer Loans 59,958 10,178 3,964 3,006 77,106 Total (1) $ 603,022 $ 12,113 $ 4,272 $ 7,360 $ 626,767 (1) Loans may have been modified more than once during the twelve months period; in this circumstance, the loan is only included once in this table. In addition, certain loans that were modified in prior quarters have since been repaid in full.
Schedule of Repurchase Agreements	The carrying value of assets pledged for repurchase agreements by type of collateral and remaining contractual maturity of the repurchase agreements as of June 30, 2024 and December 31, 2023 is presented in the following tables: As of June 30, 2024 Overnight <30 Days 30 - 90 Days > 90 Days Total AFS Corporate Securities $ — $ 516,929 $ — $ — $ 516,929 Residential Mortgage Loans — 2,608 34,040 34,830 71,478 Total Assets Pledged $ — $ 519,537 $ 34,040 $ 34,830 $ 588,407 As of December 31, 2023 Overnight <30 Days 30 - 90 Days > 90 Days Total AFS Corporate Securities $ — $ — $ 524,411 $ 849,368 $ 1,373,779 Residential Mortgage Loans — 39,289 — — 39,289 Total Assets Pledged $ — $ 39,289 $ 524,411 $ 849,368 $ 1,413,068

DERIVATIVES (Tables)

DERIVATIVES (Tables)	6 Months Ended
	Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Value and Notional Value of Derivative Assets and Liabilities	The fair value and notional value of the derivative assets and liabilities were as follows: As of June 30, 2024 Notional Derivative Derivative Asset Management and Strategic Holdings Foreign Exchange Contracts and Options $ 17,586,779 $ 274,943 $ 226,240 Other Derivatives 986,064 9,119 70 Total Asset Management and Strategic Holdings $ 18,572,843 $ 284,062 $ 226,310 Insurance Derivatives Designated as Hedge Accounting Instruments: Interest Rate Contracts $ 9,455,742 $ 4,841 $ 411,093 Foreign Currency Contracts 2,414,567 28,133 24,903 Total Derivatives Designated as Hedge Accounting Instruments $ 11,870,309 $ 32,974 $ 435,996 Derivatives Not Designated as Hedge Accounting Instruments: Interest Rate Contracts $ 28,197,299 $ 153,008 $ 352,870 Equity Market Contracts 35,972,616 1,819,500 185,033 Foreign Currency Contracts 2,536,288 68,301 60,284 Other Contracts 61,087 — 3,298 Total Derivatives Not Designated as Hedge Accounting Instruments $ 66,767,290 $ 2,040,809 $ 601,485 Impact of Netting (2) — (2,042,776) (733,319) Total Insurance (1) $ 78,637,599 $ 31,007 $ 304,162 Fair Value Included Within Total Assets and Liabilities $ 97,210,442 $ 315,069 $ 530,472 (1) Excludes embedded derivatives. The fair value of these embedded derivatives related to assets was $114.3 million and the fair value of these embedded derivatives related to liabilities was $2.1 billion as of June 30, 2024. (2) Represents netting of derivative exposures covered by qualifying master netting agreements. As of December 31, 2023 Notional Derivative Derivative Asset Management and Strategic Holdings Foreign Exchange Contracts and Options $ 15,771,463 $ 264,621 $ 441,608 Other Derivatives 374,604 4,792 2,382 Total Asset Management and Strategic Holdings $ 16,146,067 $ 269,413 $ 443,990 Insurance Derivatives Designated as Hedge Accounting Instruments: Interest Rate Contracts $ 7,320,500 $ — $ 372,212 Foreign Currency Contracts 2,302,335 24,278 73,478 Total Derivatives Designated as Hedge Accounting Instruments $ 9,622,835 $ 24,278 $ 445,690 Derivatives Not Designated as Hedge Accounting Instruments: Interest Rate Contracts $ 22,259,423 $ 284,067 $ 306,244 Equity Market Contracts 35,203,206 1,480,875 248,127 Foreign Currency Contracts 1,331,345 65,803 56,616 Other Contracts 60,000 — 600 Total Derivatives Not Designated as Hedge Accounting Instruments $ 58,853,974 $ 1,830,745 $ 611,587 Impact of Netting (2) — (1,809,329) (911,080) Total Insurance (1) $ 68,476,809 $ 45,694 $ 146,197 Fair Value Included Within Total Assets and Liabilities $ 84,622,876 $ 315,107 $ 590,187 (1) Excludes embedded derivatives. The fair value of these embedded derivatives related to assets was $88.7 million and the fair value of these embedded derivatives related to liabilities was $1.6 billion as of December 31, 2023. (2) Represents netting of derivative exposures covered by qualifying master netting agreements.
Schedule of Derivative Liabilities at Fair Value	The following table presents the financial statement classification, carrying amount and cumulative fair value hedging adjustments for qualifying hedged assets and liabilities: As of June 30, 2024 As of December 31, 2023 Carrying Amount of Hedged Assets/(Liabilities) Cumulative Amount of Fair Value Hedging Adjustments Included in the Carrying Amount of Hedged Assets/(Liabilities) (1) Carrying Amount of Hedged Assets/(Liabilities) Cumulative Amount of Fair Value Hedging Adjustments Included in the Carrying Amount of Hedged Assets/(Liabilities) (1) AFS Fixed Maturity Securities (2) $ 2,100,627 $ (54,690) $ 2,324,364 $ 80,210 Debt (2,296,510) (214,778) (1,608,294) (165,817) Policy Liabilities (4,137,823) (251,943) (4,380,048) (255,308) (1) Includes $19.6 million and $27.8 million of hedging adjustments on discontinued hedging relationships as of June 30, 2024 and December 31, 2023 , respectively. (2) Carrying amount is the amortized cost for AFS debt securities.
Schedule of Derivative Gains and Losses	The following table presents the financial statement classification and amount of gains (losses) recognized on derivative instruments and related hedged items, where applicable: Three Months Ended June 30, 2024 Net Gains (Losses) from Investment Activities Net Investment-Related Gains (Losses) Net Investment Income Net Policy Benefits and Claims Interest Expense Change in AOCI Derivatives Designated as Hedge Accounting Instruments: Fair Value Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments: Interest Rate Contracts $ — $ — $ — $ (20,068) $ (29,508) $ — Foreign Currency Contracts — 7,444 1,013 — — (1,728) Total Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ 7,444 $ 1,013 $ (20,068) $ (29,508) $ (1,728) Gains (Losses) on Hedged Items: Interest Rate Contracts $ — $ — $ — $ 20,068 $ 29,508 $ — Foreign Currency Contracts — (9,574) — — — — Total Gains (Losses) on Hedged Items $ — $ (9,574) $ — $ 20,068 $ 29,508 $ — Amortization for Gains (Losses) Excluded from Assessment of Effectiveness: Foreign Currency Contracts $ — $ 6,333 $ — $ — $ — $ — Total Amortization for Gains (Losses) Excluded from Assessment of Effectiveness — 6,333 — — — — Total Gains (Losses) on Fair Value Hedges, Net of Hedged Items $ — $ 4,203 $ 1,013 $ — $ — $ (1,728) Cash Flow Hedges Interest Rate Contracts $ — $ (887) $ (875) $ — $ — $ (18,466) Total Gains (Losses) on Cash Flow Hedges $ — $ (887) $ (875) $ — $ — $ (18,466) Net Investment Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ 106 $ — $ — $ — $ (9,253) Total Gains (Losses) on Net Investment Hedges $ — $ 106 $ — $ — $ — $ (9,253) Derivatives Not Designated as Hedge Accounting Instruments: Asset Management and Strategic Holdings Foreign Exchange Contracts and Options $ 89,911 $ — $ — $ — $ — $ — Other Derivatives (1,179) — — — — — Total included in Net Gains (Losses) from Investment Activities $ 88,732 $ — $ — $ — $ — $ — Insurance Embedded Derivatives - Funds Withheld Receivable $ — $ 274 $ — $ — $ — $ — Embedded Derivatives - Funds Withheld Payable — 357,732 — — — — Equity Index Options — 91,329 — — — — Equity Future Contracts — (7,370) — — — — Interest Rate Contracts — (117,718) — — — — Foreign Exchange and Other Derivative Contracts — (2,851) — — — — Total Gains (Losses) on Derivatives Not Designated as Hedge Accounting Instruments from Insurance Activities $ — $ 321,396 $ — $ — $ — $ — Total $ 88,732 $ 324,818 $ 138 $ — $ — $ (29,447) Six Months Ended June 30, 2024 Net Gains (Losses) from Investment Activities Net Investment-Related Gains (Losses) Net Investment Income Net Policy Benefits and Claims Interest Expense Change in AOCI Derivatives Designated as Hedge Accounting Instruments: Fair Value Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments: Interest Rate Contracts $ — $ — $ — $ (83,763) $ (82,203) $ — Foreign Currency Contracts — 56,985 1,995 — — (6,418) Total Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ 56,985 $ 1,995 $ (83,763) $ (82,203) $ (6,418) Gains (Losses) on Hedged Items: Interest Rate Contracts $ — $ — $ — $ 83,763 $ 82,203 $ — Foreign Currency Contracts — (54,690) — — — — Total Gains (Losses) on Hedged Items $ — $ (54,690) $ — $ 83,763 $ 82,203 $ — Amortization for Gains (Losses) Excluded from Assessment of Effectiveness: Foreign Currency Contracts $ — $ 12,714 $ — $ — $ — $ — Total Amortization for Gains (Losses) Excluded from Assessment of Effectiveness — $ 12,714 $ — $ — $ — $ — Total Gains (Losses) on Fair Value Hedges, Net of Hedged Items $ — $ 15,009 $ 1,995 $ — $ — $ (6,418) Cash Flow Hedges Interest Rate Contracts $ — $ (887) $ (1,720) $ — $ — $ (49,754) Total Gains (Losses) on Cash Flow Hedges $ — $ (887) $ (1,720) $ — $ — $ (49,754) Net Investment Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ 106 $ — $ — $ — $ (9,253) Total Gains (Losses) on Net Investment Hedges $ — $ 106 $ — $ — $ — $ (9,253) Derivatives Not Designated as Hedge Accounting Instruments: Asset Management and Strategic Holdings Foreign Exchange Contracts and Options 273,253 $ — $ — $ — $ — $ — Other Derivatives 1,271 — — — — — Total included in Net Gains (Losses) from Investment Activities $ 274,524 $ — $ — $ — $ — $ — Insurance Embedded Derivatives - Funds Withheld Receivable $ — $ 25,604 $ — $ — $ — $ — Embedded Derivatives - Funds Withheld Payable — 453,173 — — — — Equity Index Options — 348,432 — — — — Equity Future Contracts — (70,886) — — — — Interest Rate Contracts — (367,013) — — — — Foreign Exchange and Other Derivative Contracts — 22,248 — — — — Total Gains (Losses) on Derivatives Not Designated as Hedge Accounting Instruments from Insurance Activities $ — $ 411,558 $ — $ — $ — $ — Total $ 274,524 $ 425,786 $ 275 $ — $ — $ (65,425) Three Months Ended June 30, 2023 Net Gains (Losses) from Investment Activities Net Investment-Related Gains (Losses) Net Investment Income Net Policy Benefits and Claims Interest Expense Change in AOCI Derivatives Designated as Hedge Accounting Instruments: Fair Value Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments: Interest Rate Contracts $ — $ — $ — $ (85,895) $ (40,492) $ — Foreign Currency Contracts — (19,512) — — — (6,397) Total Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ (19,512) $ — $ (85,895) $ (40,492) $ (6,397) Gains (Losses) on Hedged Items: Interest Rate Contracts $ — $ — $ — $ 85,895 $ 40,492 $ — Foreign Currency Contracts — 26,413 — — — — Total Gains (Losses) on Hedged Items $ — $ 26,413 $ — $ 85,895 $ 40,492 $ — Amortization for Gains (Losses) Excluded from Assessment of Effectiveness: Foreign Currency Contracts $ — $ 7,229 $ — $ — $ — $ — Total Amortization for Gains (Losses) Excluded from Assessment of Effectiveness $ — $ 7,229 $ — $ — $ — — Total Gains (Losses) on Fair Value Hedges, Net of Hedged Items $ — $ 14,130 $ — $ — $ — $ (6,397) Cash Flow Hedges Interest Rate Contracts $ — $ (269) $ — $ — $ — $ (20,702) Total Gains (Losses) on Cash Flow Hedges $ — $ (269) $ — $ — $ — $ (20,702) Derivatives Not Designated as Hedge Accounting Instruments: Asset Management and Strategic Holdings Foreign Exchange Contracts and Options $ (8,966) $ — $ — $ — $ — $ — Other Derivatives 7,651 — — — — — Total included in Net Gains (Losses) from Investment Activities $ (1,315) $ — $ — $ — $ — $ — Insurance Embedded Derivatives - Funds Withheld Receivable $ — $ 14,149 $ — $ — $ — $ — Embedded Derivatives - Funds Withheld Payable — 32,842 — — — — Equity Index Options — 230,602 — — — — Equity Future Contracts — (48,383) — — — — Interest Rate and Foreign Exchange Contracts — (164,765) — — — — Other — (62) — — — — Total Gains (Losses) on Derivatives Not Designated as Hedge Accounting Instruments from Insurance Activities $ — $ 64,383 $ — $ — $ — $ — Total $ (1,315) $ 78,244 $ — $ — $ — $ (27,099) Six Months Ended June 30, 2023 Net Gains (Losses) from Investment Activities Net Investment-Related Gains (Losses) Net Investment Income Net Policy Benefits and Claims Interest Expense Change in AOCI Derivatives Designated as Hedge Accounting Instruments: Fair Value Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments: Interest Rate Contracts $ — $ — $ — $ (51,338) $ (20,388) $ — Foreign Currency Contracts — (54,900) — — — 2,883 Total Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ (54,900) $ — $ (51,338) $ (20,388) $ 2,883 Gains (Losses) on Hedged Items: Interest Rate Contracts $ — $ — $ — $ 51,338 $ 20,388 $ — Foreign Currency Contracts — 56,037 — — — — Total Gains (Losses) on Hedged Items $ — $ 56,037 $ — $ 51,338 $ 20,388 $ — Amortization for Gains (Losses) Excluded from Assessment of Effectiveness: Foreign Currency Contracts $ — $ 14,055 $ — $ — $ — $ — Total Amortization for Gains (Losses) Excluded from Assessment of Effectiveness $ — $ 14,055 $ — $ — $ — $ — Total Gains (Losses) on Fair Value Hedges, Net of Hedged Items $ — $ 15,192 $ — $ — $ — $ 2,883 Cash Flow Hedges Interest Rate Contracts $ — $ (537) $ — $ — $ — $ 37,218 Total Gains (Losses) on Cash Flow Hedges $ — $ (537) $ — $ — $ — $ 37,218 Derivatives Not Designated as Hedge Accounting Instruments: Asset Management and Strategic Holdings Foreign Exchange Contracts and Options $ (31,332) $ — $ — $ — $ — $ — Other Derivatives 19,859 — — — — — Total included in Net Gains (Losses) from Investment Activities $ (11,473) $ — $ — $ — $ — $ — Insurance Embedded Derivatives - Funds Withheld Receivable $ — $ (16,618) $ — $ — $ — $ — Embedded Derivatives - Funds Withheld Payable — (397,393) — — — — Equity Index Options — 314,489 — — — — Equity Future Contracts — (89,208) — — — — Interest Rate and Foreign Exchange Contracts — (95,769) — — — — Other Contracts — (137) — — — — Total Gains (Losses) on Derivatives Not Designated as Hedge Accounting Instruments from Insurance Activities $ — $ (284,636) $ — $ — $ — $ — Total $ (11,473) $ (269,981) $ — $ — $ — $ 40,101
Schedule of Offsetting Assets	The amount of Global Atlantic's net derivative assets and liabilities after consideration of collateral received or pledged were as follows: As of June 30, 2024 Gross Amount Recognized Gross Amounts Offset in the Statements of Financial Position (1) Net Amounts Presented in the Statements of Financial Condition Collateral (Received) / Pledged Net Amount after Collateral Derivative Assets (Excluding Embedded Derivatives) $ 2,073,783 $ (2,042,776) $ 31,007 $ (65,437) $ (34,430) Derivative Liabilities (Excluding Embedded Derivatives) $ 1,037,481 $ (733,319) $ 304,162 $ 248,364 $ 55,798 (1) Represents netting of derivative exposures covered by qualifying master netting agreements. As of December 31, 2023 Gross Amount Recognized Gross Amounts Offset in the Statements of Financial Position (1) Net Amounts Presented in the Statements of Financial Condition Collateral (Received) / Pledged Net Amount after Collateral Derivative Assets (Excluding Embedded Derivatives) $ 1,855,023 $ (1,809,329) $ 45,694 $ (45,095) $ 599 Derivative Liabilities (Excluding Embedded Derivatives) $ 1,057,277 $ (911,080) $ 146,197 $ 167,973 $ (21,776) (1) Represents netting of derivative exposures covered by qualifying master netting agreements.
Schedule of Offsetting Liabilities	The amount of Global Atlantic's net derivative assets and liabilities after consideration of collateral received or pledged were as follows: As of June 30, 2024 Gross Amount Recognized Gross Amounts Offset in the Statements of Financial Position (1) Net Amounts Presented in the Statements of Financial Condition Collateral (Received) / Pledged Net Amount after Collateral Derivative Assets (Excluding Embedded Derivatives) $ 2,073,783 $ (2,042,776) $ 31,007 $ (65,437) $ (34,430) Derivative Liabilities (Excluding Embedded Derivatives) $ 1,037,481 $ (733,319) $ 304,162 $ 248,364 $ 55,798 (1) Represents netting of derivative exposures covered by qualifying master netting agreements. As of December 31, 2023 Gross Amount Recognized Gross Amounts Offset in the Statements of Financial Position (1) Net Amounts Presented in the Statements of Financial Condition Collateral (Received) / Pledged Net Amount after Collateral Derivative Assets (Excluding Embedded Derivatives) $ 1,855,023 $ (1,809,329) $ 45,694 $ (45,095) $ 599 Derivative Liabilities (Excluding Embedded Derivatives) $ 1,057,277 $ (911,080) $ 146,197 $ 167,973 $ (21,776) (1) Represents netting of derivative exposures covered by qualifying master netting agreements.

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
	Jun. 30, 2024
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities at Fair Value	The following tables summarize the valuation of assets and liabilities measured and reported at fair value by the fair value hierarchy. Investments classified as Equity Method - Other, for which the fair value option has not been elected, and Equity Method - Capital Allocation-Based Income have been excluded from the tables below. Assets, at fair value: June 30, 2024 Level I Level II Level III Total Asset Management and Strategic Holdings Private Equity $ 903,257 $ 52,326 $ 32,816,612 $ 33,772,195 Credit 281,198 2,827,750 4,817,048 7,925,996 Investments of Consolidated CFEs — 24,890,663 — 24,890,663 Real Assets 352,026 111,753 12,782,172 13,245,951 Equity Method - Other 153,331 654,162 1,506,572 2,314,065 Other Investments 160,596 41,468 4,519,889 4,721,953 Total Investments $ 1,850,408 $ 28,578,122 $ 56,442,293 $ 86,870,823 Foreign Exchange Contracts and Options — 274,943 — 274,943 Other Derivatives — 9,119 — 9,119 Total Assets at Fair Value - Asset Management and Strategic Holdings $ 1,850,408 $ 28,862,184 $ 56,442,293 $ 87,154,885 Insurance AFS Fixed Maturity Securities: U.S. Government and Agencies $ 2,473,223 $ 120,154 $ — $ 2,593,377 U.S. State, Municipal and Political Subdivisions — 4,135,721 — 4,135,721 Corporate — 30,932,182 8,685,083 39,617,265 Structured Securities — 25,374,806 2,101,668 27,476,474 Total AFS Fixed Maturity Securities $ 2,473,223 $ 60,562,863 $ 10,786,751 $ 73,822,837 Trading Fixed Maturity Securities: U.S. Government and Agencies $ 2,908,671 $ 170,470 $ — $ 3,079,141 U.S. State, Municipal and Political Subdivisions — 732,473 — 732,473 Corporate — 12,807,874 910,400 13,718,274 Structured Securities — 6,720,990 600,422 7,321,412 Total Trading Fixed Maturity Securities $ 2,908,671 $ 20,431,807 $ 1,510,822 $ 24,851,300 Equity Securities 6,218 — 15,279 21,497 Mortgage and Other Loan Receivables — — 603,200 603,200 Other Investments — — 7,549,543 (1) 7,549,543 Funds Withheld Receivable at Interest — — 114,265 114,265 Reinsurance Recoverable — — 926,695 926,695 Derivative Assets: Equity Market Contracts 1,625 1,817,875 — 1,819,500 Interest Rate Contracts 2,739 155,110 — 157,849 Foreign Currency Contracts — 96,434 — 96,434 Impact of Netting (5,039) (2,037,737) — (2) (2,042,776) Total Derivative Assets $ (675) $ 31,682 $ — $ 31,007 Separate Account Assets 4,122,642 — — 4,122,642 Total Assets at Fair Value - Insurance $ 9,510,079 $ 81,026,352 $ 21,506,555 $ 112,042,986 Total Assets at Fair Value $ 11,360,487 $ 109,888,536 $ 77,948,848 $ 199,197,871 December 31, 2023 Level I Level II Level III Total Asset Management and Strategic Holdings Private Equity $ 1,762,257 $ 58,653 $ 30,921,574 $ 32,742,484 Credit 281,626 2,540,362 5,452,916 8,274,904 Investments of Consolidated CFEs — 24,996,298 — 24,996,298 Real Assets 676,808 27,567 11,295,633 12,000,008 Equity Method - Other 418,791 326,835 1,537,962 2,283,588 Other Investments 218,151 95,453 4,265,768 4,579,372 Total Investments $ 3,357,633 $ 28,045,168 $ 53,473,853 $ 84,876,654 Foreign Exchange Contracts and Options — 264,621 — 264,621 Other Derivatives — 4,792 — 4,792 Total Assets at Fair Value - Asset Management and Strategic Holdings $ 3,357,633 $ 28,314,581 $ 53,473,853 $ 85,146,067 Insurance AFS Fixed Maturity Securities: U.S. Government and Agencies $ 1,082,421 $ 120,671 $ — $ 1,203,092 U.S. State, Municipal and Political Subdivisions — 4,607,392 — 4,607,392 Corporate — 31,377,753 8,571,003 39,948,756 Structured Securities — 21,824,948 1,830,000 23,654,948 Total AFS Fixed Maturity Securities $ 1,082,421 $ 57,930,764 $ 10,401,003 $ 69,414,188 Trading Fixed Maturity Securities: U.S. Government and Agencies $ 2,354,194 $ 163,919 $ — $ 2,518,113 U.S. State, Municipal and Political Subdivisions — 1,223,946 — 1,223,946 Corporate — 9,815,909 656,923 10,472,832 Structured Securities — 3,997,341 593,238 4,590,579 Total Trading Fixed Maturity Securities $ 2,354,194 $ 15,201,115 $ 1,250,161 $ 18,805,470 Equity Securities 4,215 — 15,522 19,737 Mortgage and Other Loan Receivables — — 697,402 697,402 Other Investments — — 4,925,751 (1) 4,925,751 Funds Withheld Receivable at Interest — — 88,661 88,661 Reinsurance Recoverable — — 926,035 926,035 Derivative Assets: Equity Market Contracts 1,669 1,479,206 — 1,480,875 Interest Rate Contracts 19,474 264,593 — 284,067 Foreign Currency Contracts — 90,081 — 90,081 Impact of Netting (23,522) (1,785,807) — (2) (1,809,329) Total Derivative Assets $ (2,379) $ 48,073 $ — $ 45,694 Separate Account Assets 4,107,000 — — 4,107,000 Total Assets at Fair Value - Insurance $ 7,545,451 $ 73,179,952 $ 18,304,535 $ 99,029,938 Total Assets at Fair Value $ 10,903,084 $ 101,494,533 $ 71,778,388 $ 184,176,005 (1) Other investments excluded from the fair value hierarchy include private equity funds for which fair value is measured at net asset value per share as a practical expedient. As of June 30, 2024 and December 31, 2023, the fair value of these investments was $99.5 million and $138.5 million, respectively. These investments have strategies primarily focused on real assets (including real estate and infrastructure) and are subject to certain restrictions on redemption. As of June 30, 2024, there were $3.0 million of unfunded commitments associated with these investments. (2) Represents netting of derivative exposures covered by qualifying master netting agreements. Liabilities, at fair value: June 30, 2024 Level I Level II Level III Total Asset Management and Strategic Holdings Securities Sold Short $ 134,297 $ — $ — $ 134,297 Foreign Exchange Contracts and Options — 226,240 — 226,240 Unfunded Revolver Commitments — — 98,327 (1) 98,327 Other Derivatives 70 — — 70 Debt Obligations of Consolidated CFEs — 25,253,120 — 25,253,120 Total Liabilities at Fair Value - Asset Management and Strategic Holdings $ 134,367 $ 25,479,360 $ 98,327 $ 25,712,054 Insurance Policy Liabilities (Including Market Risk Benefits) $ — $ — $ 1,320,498 (3) $ 1,320,498 Closed Block Policy Liabilities — — 970,844 970,844 Funds Withheld Payable at Interest — — (2,900,476) (2,900,476) Derivative Instruments Payable: Equity Market Contracts 3,136 181,897 — 185,033 Interest Rate Contracts 1,903 762,060 — 763,963 Foreign Currency Contracts — 85,187 — 85,187 Other Contracts — 3,298 — 3,298 Impact of Netting (5,039) (728,280) — (2) (733,319) Total Derivative Instruments Payable — 304,162 — 304,162 Embedded Derivative – Interest-sensitive Life Products — — 495,342 495,342 Embedded Derivative – Annuity Products — — 4,478,104 4,478,104 Total Liabilities at Fair Value - Insurance $ — $ 304,162 $ 4,364,312 $ 4,668,474 Total Liabilities at Fair Value $ 134,367 $ 25,783,522 $ 4,462,639 $ 30,380,528 December 31, 2023 Level I Level II Level III Total Asset Management and Strategic Holdings Securities Sold Short $ 149,136 $ — $ — $ 149,136 Foreign Exchange Contracts and Options — 441,608 — 441,608 Unfunded Revolver Commitments — — 94,683 (1) 94,683 Other Derivatives 143 2,239 — 2,382 Debt Obligations of Consolidated CFEs — 25,276,404 — 25,276,404 Total Liabilities at Fair Value - Asset Management and Strategic Holdings $ 149,279 $ 25,720,251 $ 94,683 $ 25,964,213 Insurance Policy Liabilities (Including Market Risk Benefits) $ — $ — $ 1,474,970 (3) $ 1,474,970 Closed Block Policy Liabilities — — 968,554 968,554 Funds Withheld Payable at Interest — — (2,447,303) (2,447,303) Derivative Instruments Payable: Equity Market Contracts 7,088 241,039 — 248,127 Interest Rate Contracts 17,931 660,525 — 678,456 Foreign Currency Contracts — 130,094 — 130,094 Other Contracts — 600 — 600 Impact of Netting (23,522) (887,558) — (2) (911,080) Total Derivative Instruments Payable 1,497 144,700 — 146,197 Embedded Derivative – Interest-sensitive Life Products — — 458,302 458,302 Embedded Derivative – Annuity Products — — 3,587,371 3,587,371 Total Liabilities at Fair Value - Insurance $ 1,497 $ 144,700 $ 4,041,894 $ 4,188,091 Total Liabilities at Fair Value $ 150,776 $ 25,864,951 $ 4,136,577 $ 30,152,304 (1) These unfunded revolver commitments are valued using the same valuation methodologies as KKR's Level III credit investments. (2) Represents netting of derivative exposures covered by qualifying master netting agreements. (3) Includes market risk benefit of $1.0 billion and $1.1 billion as of June 30, 2024 and December 31, 2023, respectively.
Schedule of Changes in Assets and Liabilities Reported at Fair Value for Which Level III Inputs Have Been Used to Determine Fair Value	The following tables summarize changes in assets and liabilities measured and reported at fair value for which Level III inputs have been used to determine fair value for the three months ended June 30, 2024 and 2023, respectively. Three Months Ended June 30, 2024 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers Transfers Out Net Purchases/Issuances/Sales/Settlements Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date Assets Asset Management and Strategic Holdings Private Equity $ 32,258,143 $ — $ 9,042 $ — $ 244,345 $ 305,082 $ — $ 32,816,612 $ 308,356 $ — Credit 5,194,915 151,713 — — (461,880) (67,700) — 4,817,048 (54,997) — Real Assets 11,529,548 934,530 — — 140,436 177,658 — 12,782,172 103,434 — Equity Method - Other 1,534,073 — — (2,077) (680) (24,744) — 1,506,572 (24,747) — Other Investments 4,204,202 — — — 368,697 (53,010) — 4,519,889 (53,277) — Total Assets - Asset Management and Strategic Holdings $ 54,720,881 $ 1,086,243 $ 9,042 $ (2,077) $ 290,918 $ 337,286 $ — $ 56,442,293 $ 278,769 $ — Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 8,071,579 $ — $ — $ — $ 611,861 $ (13,286) $ 14,929 $ 8,685,083 $ — $ 17,466 Structured Securities 1,926,056 — 42,951 — 112,084 7,596 12,981 2,101,668 — 15,585 Total AFS Fixed Maturity Securities 9,997,635 — 42,951 — 723,945 (5,690) 27,910 10,786,751 — 33,051 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 378,435 — 1,225 — 528,131 2,609 — 910,400 2,749 — Structured Securities 670,143 — 15,147 — (100,394) 15,526 — 600,422 681 — Total Trading Fixed Maturity Securities 1,048,578 — 16,372 — 427,737 18,135 — 1,510,822 3,430 — Equity Securities 15,823 — — — — (544) — 15,279 (543) — Mortgage and Other Loan Receivables 686,938 — — — (93,333) 9,595 — 603,200 (3,014) — Other Investments 4,897,017 — — — 2,728,615 (76,089) — 7,549,543 (76,350) — Funds Withheld Receivable at Interest 113,991 — — — — 274 — 114,265 — — Reinsurance Recoverable 965,877 — — — 5,319 (44,501) — 926,695 — — Total Assets - Insurance $ 17,725,859 $ — $ 59,323 $ — $ 3,792,283 $ (98,820) $ 27,910 $ 21,506,555 $ (76,477) $ 33,051 Total $ 72,446,740 $ 1,086,243 $ 68,365 $ (2,077) $ 4,083,201 $ 238,466 $ 27,910 $ 77,948,848 $ 202,292 $ 33,051 Six Months Ended June 30, 2024 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers Transfers Out Net Purchases/Issuances/Sales/Settlements Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date Assets Asset Management and Strategic Holdings Private Equity $ 30,921,574 $ — $ 9,042 $ — $ 985,807 $ 900,189 $ — $ 32,816,612 $ 901,863 $ — Credit 5,452,916 151,713 148,072 (105,080) (720,469) (110,104) — 4,817,048 (92,128) — Real Assets 11,295,633 934,530 — — 490,769 61,240 — 12,782,172 (14,184) — Equity Method - Other 1,537,962 — — (2,077) (57) (29,256) — 1,506,572 (30,862) — Other Investments 4,265,768 — — (8,106) 246,137 15,913 177 4,519,889 21,452 177 Total Assets - Asset Management and Strategic Holdings $ 53,473,853 $ 1,086,243 $ 157,114 $ (115,263) $ 1,002,187 $ 837,982 $ 177 $ 56,442,293 $ 786,141 $ 177 Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 8,571,003 $ — $ — $ (301) $ 67,271 $ (60,908) $ 108,018 $ 8,685,083 $ — $ 103,286 Structured Securities 1,830,000 — 95,965 — 135,898 15,235 24,570 2,101,668 — 26,532 Total AFS Fixed Maturity Securities 10,401,003 — 95,965 (301) 203,169 (45,673) 132,588 10,786,751 — 129,818 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 656,923 — 1,416 — 208,581 43,480 — 910,400 41,392 — Structured Securities 593,238 — 106,805 — (124,617) 24,996 — 600,422 9,430 — Total Trading Fixed Maturity Securities 1,250,161 — 108,221 — 83,964 68,476 — 1,510,822 50,822 — Equity Securities 15,522 — — — — (243) — 15,279 (242) — Mortgage and Other Loan Receivables 697,402 — — — (99,125) 4,923 — 603,200 2,785 — Other Investments 4,925,751 — — — 2,779,681 (155,889) — 7,549,543 (154,394) — Funds Withheld Receivable at Interest 88,661 — — — — 25,604 — 114,265 — — Reinsurance Recoverable 926,035 — — — (6,349) 7,009 — 926,695 — — Total Assets - Insurance $ 18,304,535 $ — $ 204,186 $ (301) $ 2,961,340 $ (95,793) $ 132,588 $ 21,506,555 $ (101,029) $ 129,818 Total $ 71,778,388 $ 1,086,243 $ 361,300 $ (115,564) $ 3,963,527 $ 742,189 $ 132,765 $ 77,948,848 $ 685,112 $ 129,995 Three Months Ended June 30, 2023 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Issuances/Sales/Settlements Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date Assets Asset Management and Strategic Holdings Private Equity $ 26,189,501 $ — $ — $ — $ 1,963,136 $ 453,584 $ — $ 28,606,221 $ 520,098 $ — Credit 5,902,578 — — — (541,887) 12,191 — 5,372,882 58,128 — Real Assets 18,946,851 (126,889) — — 1,554,061 (66,444) — 20,307,579 (58,048) — Equity Method - Other 1,602,694 — — (2,335) 2,856 91,955 — 1,695,170 92,549 — Other Investments 3,738,446 — 22,777 — (76,145) (14,748) — 3,670,330 (10,374) — Other Derivatives — — — — — — — — — — Total Assets - Asset Management and Strategic Holdings $ 56,380,070 $ (126,889) $ 22,777 $ (2,335) $ 2,902,021 $ 476,538 $ — $ 59,652,182 $ 602,353 $ — Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 8,294,423 $ — $ 33,196 $ — $ 48,066 $ 16,996 $ (121) $ 8,392,560 $ — $ 21,233 Structured Securities 1,770,785 — 104,572 — 29,871 7,234 10,282 1,922,744 — 12,158 Total AFS Fixed Maturity Securities 10,065,208 — 137,768 — 77,937 24,230 10,161 10,315,304 — 33,391 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 631,870 — — — 3,109 1,785 — 636,764 1,867 — Structured Securities 661,565 — 6,081 — (1,023) (8,440) — 658,183 (8,247) — Total Trading Fixed Maturity Securities 1,293,435 — 6,081 — 2,086 (6,655) — 1,294,947 (6,380) — Equity Securities 15,311 — — — — 384 — 15,695 384 — Mortgage and Other Loan Receivables 773,917 — — — (16,306) 10,665 — 768,276 11,178 — Other Investments 5,009,113 — — — 54,343 (47,029) — 5,016,427 (58,190) — Funds Withheld Receivable at Interest (17,982) — — — — 14,149 — (3,833) — — Reinsurance Recoverable 1,010,602 — — — 64 (22,027) — 988,639 — — Total Assets - Insurance $ 18,149,604 $ — $ 143,849 $ — $ 118,124 $ (26,283) $ 10,161 $ 18,395,455 $ (53,008) $ 33,391 Total $ 74,529,674 $ (126,889) $ 166,626 $ (2,335) $ 3,020,145 $ 450,255 $ 10,161 $ 78,047,637 $ 549,345 $ 33,391 Six Months Ended June 30, 2023 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Issuances/Sales/Settlements Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date Assets Asset Management and Strategic Holdings Private Equity $ 25,336,957 $ — $ — $ — $ 2,896,563 $ 372,701 $ — $ 28,606,221 $ 437,195 $ — Credit 5,786,026 — 17,628 (23,758) (465,555) 58,541 — 5,372,882 102,197 — Real Assets 17,015,112 (126,889) — — 3,769,101 (349,745) — 20,307,579 (346,687) — Equity Method - Other 1,624,420 — — (2,335) 8,500 64,585 — 1,695,170 69,192 — Other Investments 3,334,366 — 22,777 (22,376) 435,107 (99,544) — 3,670,330 (102,992) — Other Derivatives — — — — 2,153 (2,153) — — — — Total Assets - Asset Management and Strategic Holdings $ 53,096,881 $ (126,889) $ 40,405 $ (48,469) $ 6,645,869 $ 44,385 $ — $ 59,652,182 $ 158,905 $ — Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 8,310,657 $ — $ 33,196 $ — $ (18,018) $ 38,261 $ 28,464 $ 8,392,560 $ — $ 35,900 Structured Securities 1,419,441 — 275,347 (3,374) 184,854 3,095 43,381 1,922,744 — 45,225 Total AFS Fixed Maturity Securities 9,730,098 — 308,543 (3,374) 166,836 41,356 71,845 10,315,304 — 81,125 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 672,023 — — — (24,784) (10,475) — 636,764 (10,009) — Structured Securities 643,811 — 11,971 (6,747) 12,994 (3,846) — 658,183 (2,959) — Total Trading Fixed Maturity Securities 1,315,834 — 11,971 (6,747) (11,790) (14,321) — 1,294,947 (12,968) — Equity Securities 16,286 — — — — (591) — 15,695 (591) — Mortgage and Other Loan Receivables 787,515 — — — (26,866) 7,627 — 768,276 5,434 — Other Investments 4,883,441 — — — 165,285 (32,299) — 5,016,427 (33,644) — Funds Withheld Receivable at Interest 12,785 — — — — (16,618) — (3,833) — — Reinsurance Recoverable 981,775 — — — (10,590) 17,454 — 988,639 — — Total Assets - Insurance $ 17,727,734 $ — $ 320,514 $ (10,121) $ 282,875 $ 2,608 $ 71,845 $ 18,395,455 $ (41,769) $ 81,125 Total $ 70,824,615 $ (126,889) $ 360,919 $ (58,590) $ 6,928,744 $ 46,993 $ 71,845 $ 78,047,637 $ 117,136 $ 81,125 Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Purchases Issuances Sales Settlements Net Purchases/ Issuances/ Sales/ Settlements Purchases Issuances Sales Settlements Net Purchases/ Issuances/ Sales/ Settlements Assets Asset Management and Strategic Holdings Private Equity $ 334,251 $ — $ (89,906) $ — $ 244,345 $ 1,320,803 $ — $ (334,996) $ — $ 985,807 Credit 191,317 — (653,162) (35) (461,880) 513,350 — (883,549) (350,270) (720,469) Real Assets 498,183 — (357,747) — 140,436 881,650 — (390,881) — 490,769 Equity Method - Other 2 — (682) — (680) 3,082 — (3,139) — (57) Other Investments 865,589 — (496,725) (167) 368,697 1,256,253 — (945,346) (64,770) 246,137 Total Assets - Asset Management and Strategic Holdings $ 1,889,342 $ — $ (1,598,222) $ (202) $ 290,918 $ 3,975,138 $ — $ (2,557,911) $ (415,040) $ 1,002,187 Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 1,509,309 $ — $ (500,359) $ (397,089) $ 611,861 $ 2,172,185 $ — $ (670,380) $ (1,434,534) $ 67,271 Structured Securities 251,493 — (8,347) (131,062) 112,084 342,538 — (10,349) (196,291) 135,898 Total AFS Fixed Maturity Securities 1,760,802 — (508,706) (528,151) 723,945 2,514,723 — (680,729) (1,630,825) 203,169 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 706,947 — (169,277) (9,539) 528,131 767,965 — (223,483) (335,901) 208,581 Structured Securities 107,379 — (197,955) (9,818) (100,394) 107,616 — (204,425) (27,808) (124,617) Total Trading Fixed Maturity Securities 814,326 — (367,232) (19,357) 427,737 875,581 — (427,908) (363,709) 83,964 Mortgage and Other Loan Receivables — — — (93,333) (93,333) 1,795 — — (100,920) (99,125) Other Investments 2,732,497 — (3,882) — 2,728,615 2,787,447 — (7,766) — 2,779,681 Reinsurance Recoverable — — — 5,319 5,319 — — — (6,349) (6,349) Total Assets - Insurance $ 5,307,625 $ — $ (879,820) $ (635,522) $ 3,792,283 $ 6,179,546 $ — $ (1,116,403) $ (2,101,803) $ 2,961,340 Total $ 7,196,967 $ — $ (2,478,042) $ (635,724) $ 4,083,201 $ 10,154,684 $ — $ (3,674,314) $ (2,516,843) $ 3,963,527 Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 Purchases Issuances Sales Settlements Net Purchases/Issuances/Sales/Settlements Purchases Issuances Sales Settlements Net Purchases/ Issuances/ Sales/ Settlements Assets Asset Management and Strategic Holdings Private Equity $ 1,966,888 $ — $ (3,752) $ — $ 1,963,136 $ 2,922,825 $ — $ (26,262) $ — $ 2,896,563 Credit 296,290 — (824,088) (14,089) (541,887) 737,023 — (1,103,069) (99,509) (465,555) Real Assets 1,965,000 — (410,939) — 1,554,061 4,256,691 — (486,551) (1,039) 3,769,101 Equity Method - Other 3,651 — (795) — 2,856 10,123 — (1,623) — 8,500 Other Investments 83,402 — (123,520) (36,027) (76,145) 675,579 — (139,536) (100,936) 435,107 Other Derivatives — — — — — 2,153 — — — 2,153 Total Assets - Asset Management and Strategic Holdings $ 4,315,231 $ — $ (1,363,094) $ (50,116) $ 2,902,021 $ 8,604,394 $ — $ (1,757,041) $ (201,484) $ 6,645,869 Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 215,605 $ — $ (5,080) $ (162,459) $ 48,066 $ 450,987 $ — $ (5,668) $ (463,337) $ (18,018) Structured Securities 88,308 — — (58,437) 29,871 265,127 — — (80,273) 184,854 Total AFS Fixed Maturity Securities 303,913 — (5,080) (220,896) 77,937 716,114 — (5,668) (543,610) 166,836 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 7,146 — — (4,037) 3,109 14,863 — (1,000) (38,647) (24,784) Structured Securities 12,787 — — (13,810) (1,023) 37,437 — (694) (23,749) 12,994 Total Trading Fixed Maturity Securities 19,933 — — (17,847) 2,086 52,300 — (1,694) (62,396) (11,790) Mortgage and Other Loan Receivables 257 — — (16,563) (16,306) 634 — (3,078) (24,422) (26,866) Other Investments 59,240 — (4,897) — 54,343 177,634 — (12,349) — 165,285 Reinsurance Recoverable — — — 64 64 — — — (10,590) (10,590) Total Assets - Insurance $ 383,343 $ — $ (9,977) $ (255,242) $ 118,124 $ 946,682 $ — $ (22,789) $ (641,018) $ 282,875 Total $ 4,698,574 $ — $ (1,373,071) $ (305,358) $ 3,020,145 $ 9,551,076 $ — $ (1,779,830) $ (842,502) $ 6,928,744 Three Months Ended June 30, 2024 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Sales/Settlements/Issuances Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ 95,004 $ — $ — $ — $ — $ 3,323 $ — $ 98,327 $ 3,323 Total Liabilities - Asset Management and Strategic Holdings $ 95,004 $ — $ — $ — $ — $ 3,323 $ — $ 98,327 $ 3,323 Insurance Policy Liabilities $ 1,337,563 $ — $ — $ — $ 8,327 $ (11,200) $ (14,192) $ 1,320,498 $ — Closed Block Policy Liabilities 1,005,627 — — — 5,780 (37,940) (2,623) 970,844 — Funds Withheld Payable at Interest (2,542,744) — — — — (357,732) — (2,900,476) — Embedded Derivative – Interest-sensitive 486,199 — — — (22,427) 31,570 — 495,342 — Embedded Derivative – Annuity Products 4,051,405 — — — 335,210 91,489 — 4,478,104 — Total Liabilities - Insurance $ 4,338,050 $ — $ — $ — $ 326,890 $ (283,813) $ (16,815) $ 4,364,312 $ — Total $ 4,433,054 $ — $ — $ — $ 326,890 $ (280,490) $ (16,815) $ 4,462,639 $ 3,323 Six Months Ended June 30, 2024 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Sales/Settlements/Issuances Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ 94,683 $ — $ — $ — $ — $ 3,644 $ — $ 98,327 $ 3,644 Total Liabilities - Asset Management and Strategic Holdings $ 94,683 $ — $ — $ — $ — $ 3,644 $ — $ 98,327 $ 3,644 Insurance Policy Liabilities $ 1,474,970 $ — $ — $ — $ 8,278 $ (153,726) $ (9,024) $ 1,320,498 $ — Closed Block Policy Liabilities 968,554 — — — 4,915 589 (3,214) 970,844 — Funds Withheld Payable at Interest (2,447,303) — — — — (453,173) — (2,900,476) — Embedded Derivative – Interest-sensitive 458,302 — — — (46,905) 83,945 — 495,342 — Embedded Derivative – Annuity Products 3,587,371 — — — 594,669 296,064 — 4,478,104 — Total Liabilities - Insurance $ 4,041,894 $ — $ — $ — $ 560,957 $ (226,301) $ (12,238) $ 4,364,312 $ — Total $ 4,136,577 $ — $ — $ — $ 560,957 $ (222,657) $ (12,238) $ 4,462,639 $ 3,644 Three Months Ended June 30, 2023 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Sales/Settlements/Issuances Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ 112,534 $ — $ — $ — $ — $ (2,428) $ — $ 110,106 $ (2,428) Total Liabilities - Asset Management and Strategic Holdings $ 112,534 $ — $ — $ — $ — $ (2,428) $ — $ 110,106 $ (2,428) Insurance Policy Liabilities $ 1,133,779 $ — $ — $ — $ (1,508) $ (97,515) $ 146,612 $ 1,181,368 $ — Closed Block Policy Liabilities 1,046,458 — — — (3,166) (16,297) (656) 1,026,339 — Funds Withheld Payable at Interest (3,057,531) — — — — (32,842) — (3,090,373) — Embedded Derivative – Interest-sensitive 373,391 — — — 5,255 68,359 — 447,005 — Embedded Derivative – Annuity Products 2,402,427 — — — 200,486 212,870 — 2,815,783 — Total Liabilities - Insurance $ 1,898,524 $ — $ — $ — $ 201,067 $ 134,575 $ 145,956 $ 2,380,122 $ — Total $ 2,011,058 $ — $ — $ — $ 201,067 $ 132,147 $ 145,956 $ 2,490,228 $ (2,428) Six Months Ended June 30, 2023 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Sales/Settlements/Issuances Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ 137,315 $ — $ — $ — $ — $ (27,209) $ — $ 110,106 $ (27,209) Total Liabilities - Asset Management and Strategic Holdings $ 137,315 $ — $ — $ — $ — $ (27,209) $ — $ 110,106 $ (27,209) Insurance Policy Liabilities $ 1,063,496 $ — $ — $ — $ (2,373) $ 25,648 $ 94,597 $ 1,181,368 $ — Closed Block Policy Liabilities 1,016,313 — — — (9,028) 20,961 (1,907) 1,026,339 — Funds Withheld Payable at Interest (3,487,766) — — — — 397,393 — (3,090,373) — Embedded Derivative – Interest-sensitive 337,860 — — — 2,307 106,838 — 447,005 — Embedded Derivative – Annuity Products 1,851,381 — — — 549,968 414,434 — 2,815,783 — Total Liabilities - Insurance $ 781,284 $ — $ — $ — $ 540,874 $ 965,274 $ 92,690 $ 2,380,122 $ — Total $ 918,599 $ — $ — $ — $ 540,874 $ 938,065 $ 92,690 $ 2,490,228 $ (27,209) Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Issuances Settlements Net Issuances/Settlements Issuances Settlements Net Issuances/Settlements Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ — $ — $ — $ — $ — $ — Total Liabilities - Asset Management and Strategic Holdings $ — $ — $ — $ — $ — $ — Insurance Policy Liabilities $ 11,842 $ (3,515) $ 8,327 $ 15,249 $ (6,971) $ 8,278 Closed Block Policy Liabilities 4,915 865 5,780 4,915 — 4,915 Embedded Derivative – Interest-sensitive Life Products — (22,427) (22,427) — (46,905) (46,905) Embedded Derivative – Annuity Products 397,926 (62,716) 335,210 716,018 (121,349) 594,669 Total Liabilities - Insurance $ 414,683 $ (87,793) $ 326,890 $ 736,182 $ (175,225) $ 560,957 Total $ 414,683 $ (87,793) $ 326,890 $ 736,182 $ (175,225) $ 560,957 Three Months Ended June 30, 2023 Three Months Ended June 30, 2023 Issuances Settlements Net Issuances/Settlements Issuances Settlements Net Issuances/Settlements Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ — $ — $ — $ — $ — $ — Total Liabilities - Asset Management and Strategic Holdings $ — $ — $ — $ — $ — $ — Insurance Policy Liabilities $ (48) $ (1,460) $ (1,508) $ (93) $ (2,280) $ (2,373) Closed Block Policy Liabilities — (3,166) (3,166) — (9,028) (9,028) Embedded Derivative – Interest-sensitive Life Products — 5,255 5,255 — 2,307 2,307 Embedded Derivative – Annuity Products 223,713 (23,227) 200,486 592,611 (42,643) 549,968 Total Liabilities - Insurance $ 223,665 $ (22,598) $ 201,067 $ 592,518 $ (51,644) $ 540,874 Total $ 223,665 $ (22,598) $ 201,067 $ 592,518 $ (51,644) $ 540,874
Schedule of Valuation Methodologies Used for Assets, Measured at Fair Value and Categorized Within Level III	The following table presents additional information about valuation methodologies and significant unobservable inputs used for financial assets and liabilities that are measured and reported at fair value and categorized within Level III as of June 30, 2024. Because input information includes only those items for which information is reasonably available, balances shown below may not equal total amounts reported for such Level III assets and liabilities: Level III Assets Fair Value June 30, 2024 Valuation Unobservable Input(s) (1) Weighted Average (2) Range Impact to Valuation from an Increase in Input (3) ASSET MANAGEMENT AND STRATEGIC HOLDINGS Private Equity $ 32,816,612 Private Equity $ 29,868,786 Inputs to market comparables, discounted cash flow and transaction price Illiquidity Discount 6.3% 5.0% - 15.0% Decrease Weight Ascribed to Market Comparables 28.4% 0.0% - 100.0% (4) Weight Ascribed to Discounted Cash Flow 68.0% 0.0% - 100.0% (5) Weight Ascribed to Transaction Price 3.6% 0.0% - 100.0% (6) Market comparables Enterprise Value/LTM EBITDA Multiple 17.3x 6.1x - 25.0x Increase Enterprise Value/Forward EBITDA Multiple 16.4x 4.8x - 29.1x Increase Discounted cash flow Weighted Average Cost of Capital 10.0% 6.2% - 15.0% Decrease Enterprise Value/EBITDA Exit Multiple 14.6x 6.0x - 27.6x Increase Level III Assets Fair Value June 30, 2024 Valuation Unobservable Input(s) (1) Weighted Average (2) Range Impact to Valuation from an Increase in Input (3) Growth Equity $ 2,947,826 Inputs to market comparables, discounted cash flow and milestones Illiquidity Discount 10.1% 10.0% - 15.0% Decrease Weight Ascribed to Market Comparables 44.8% 0.0% - 100.0% (4) Weight Ascribed to Discounted Cash Flow 2.8% 0.0% - 50.0% (5) Weight Ascribed to Transaction Price 11.8% 0.0% - 100.0% (6) Weight Ascribed to Milestones 40.6% 0.0% - 100.0% (6) Scenario Weighting Base 70.6% 60.0% - 85.0% Increase Downside 8.7% 5.0% - 15.0% Decrease Upside 20.7% 10.0% - 35.0% Increase Market Comparables Enterprise Value/Revenues Multiple 9.1x 3.2x - 24.4x Increase Credit $ 4,817,048 Yield Analysis Yield 11.1% 5.2% - 20.1% Decrease Net Leverage 6.1x 1.5x -14.5x Decrease EBITDA Multiple 12.7x 6.5x - 30.0x Increase Real Assets $ 12,782,172 Energy $ 1,582,089 Inputs to market comparables, discounted cash flow and transaction price Weight Ascribed to Market Comparables 44.6% 0.0% - 50.0% (4) Weight Ascribed to Discounted Cash Flow 55.4% 50.0% - 100.0% (5) Market comparables Enterprise Value/LTM EBITDA Multiple 4.9x 4.9x - 4.9x Increase Enterprise Value/Forward EBITDA Multiple 6.0x 4.4x- 6.5x Increase Discounted cash flow Weighted Average Cost of Capital 12.2% 12.0% - 12.2% Decrease Average Price Per BOE (8) $47.62 $45.03 - $52.12 Increase Infrastructure $ 1,576,257 Inputs to market comparables, discounted cash flow and transaction price Illiquidity Discount 6.5% 5.0% - 10.0% Decrease Weight Ascribed to Market Comparables 6.2% 0.0% - 25.0% (4) Weight Ascribed to Discounted Cash Flow 52.7% 0.0% - 100.0% (5) Weight Ascribed to Transaction Price 41.1% 0.0% - 100.0% (6) Market comparables Enterprise Value/LTM EBITDA Multiple 10.9x 10.9x - 10.9x Increase Enterprise Value/Forward EBITDA Multiple 18.3x 10.4x - 21.7x Increase Discounted cash flow Weighted Average Cost of Capital 7.2% 5.8% - 9.5% Decrease Enterprise Value/EBITDA Exit Multiple 15.7x 10.0x - 22.0x Increase Real Estate $ 9,623,826 Inputs to direct income capitalization, discounted cash flow and transaction price Weight Ascribed to Direct Income Capitalization 11.9% 0.0% - 100.0% (7) Weight Ascribed to Discounted Cash Flow 80.7% 0.0% - 100.0% (5) Weight Ascribed to Transaction Price 7.4% 0.0% - 100.0% (6) Direct income capitalization Current Capitalization Rate 5.3% 1.8% - 7.6% Decrease Discounted cash flow Exit Capitalization Rate 5.6% 3.1% - 8.9% Decrease Unlevered Discount Rate 7.3% 2.8% - 18.0% Decrease Equity Method - Other $ 1,506,572 Inputs to market comparables, discounted cash flow and transaction price Illiquidity Discount 7.1% 5.0% - 10.0% Decrease Weight Ascribed to Market Comparables 53.2% 0.0% - 100.0% (4) Weight Ascribed to Discounted Cash Flow 41.4% 0.0% - 50.0% (5) Weight Ascribed to Transaction Price 5.4% 0.0% - 100.0% (6) Market comparables Enterprise Value/LTM EBITDA Multiple 12.3x 4.9x - 19.6x Increase Enterprise Value/Forward EBITDA Multiple 11.0x 4.4x - 16.0x Increase Discounted cash flow Weighted Average Cost of Capital 11.0% 7.3% - 17.5% Decrease Enterprise Value/EBITDA Exit Multiple 11.0x 9.5x - 15.0x Increase Other Investments $ 4,519,889 (9) Inputs to market comparables, discounted cash flow and transaction price Illiquidity Discount 8.2% 5.0% - 15.0% Decrease Weight Ascribed to Market Comparables 19.9% 0.0% - 100.0% (4) Weight Ascribed to Discounted Cash Flow 47.2% 0.0% - 100.0% (5) Weight Ascribed to Transaction Price 32.9% 0.0% - 100.0% (6) Market comparables Enterprise Value/LTM EBITDA Multiple 8.4x 0.6x - 15.3x Increase Enterprise Value/Forward EBITDA Multiple 11.9x 4.0x - 19.1x Increase Discounted cash flow Weighted Average Cost of Capital 10.6% 5.0% - 41.9% Decrease Enterprise Value/EBITDA Exit Multiple 10.8x 7.3x - 15.0x Increase Level III Assets Fair Value June 30, 2024 Valuation Unobservable Input(s) (1) Weighted Average (2) Range Impact to Valuation from an Increase in Input (3) INSURANCE (10) Corporate Fixed Maturity Securities $ 9,595,483 Discounted cash flow Discount Spread 2.4% 0.2% - 4.5% Decrease Structured Securities $ 2,702,090 Discounted cash flow Discount Spread 2.9% 1.4% - 5.2% Decrease Constant Prepayment Rate 12.0% 10.0% - 15.0% Increase/Decrease Constant Default Rate 0.4% 0.0% - 3.0% Decrease Loss Severity 10.3% 0.0% - 95.0% Decrease Other Investments $ 7,549,543 Discounted cash flow Vacancy Rate 2.1% 0.0% - 2.5% Decrease Discount Rate 7.6% 6.8% - 8.2% Decrease Terminal Capitalization Rate 5.9% 5.0% - 7.2% Decrease Reinsurance Recoverable $ 926,695 Present value of expenses paid from the open block plus the cost of capital held in support of the liabilities. Expense Assumption $17.4 The average expense assumption is between $8.2 and $78.0 per policy, increased by inflation. The annual inflation rate was increased by 2.5%. Increase Unobservable inputs are a market participant’s view of the expenses, a risk margin on the uncertainty of the level of expenses and a cost of capital on the capital held in support of the liabilities. Expense Risk Margin 9.4% Decrease Cost of Capital 9.8% 3.7% - 13.9% Increase Discounted cash flow Mortality Rate 5.6% Increase Surrender Rate 2.0% Increase (1) In determining certain of these inputs, management evaluates a variety of factors including economic conditions, industry and market developments, market valuations of comparable companies and company specific developments including exit strategies and realization opportunities. KKR has determined that market participants would take these inputs into account when valuing the investments and debt obligations. "LTM" means last twelve months, and "EBITDA" means earnings before interest, taxes, depreciation and amortization. (2) Inputs were weighted based on the fair value of the investments included in the range. (3) Unless otherwise noted, this column represents the directional change in the fair value of the Level III investments that would result from an increase to the corresponding unobservable input. A decrease to the unobservable input would have the opposite effect. Significant increases and decreases in these inputs in isolation could result in significantly higher or lower fair value measurements. (4) The directional change from an increase in the weight ascribed to the market comparables approach would increase the fair value of the Level III investments if the market comparables approach results in a higher valuation than the discounted cash flow approach and transaction price. The opposite would be true if the market comparables approach results in a lower valuation than the discounted cash flow approach and transaction price. (5) The directional change from an increase in the weight ascribed to the discounted cash flow approach would increase the fair value of the Level III investments if the discounted cash flow approach results in a higher valuation than the market comparables approach, transaction price and direct income capitalization approach. The opposite would be true if the discounted cash flow approach results in a lower valuation than the market comparables approach, transaction price and direct income capitalization approach. (6) The directional change from an increase in the weight ascribed to the transaction price or milestones would increase the fair value of the Level III investments if the transaction price or milestones results in a higher valuation than the market comparables and discounted cash flow approach. The opposite would be true if the transaction price or milestones results in a lower valuation than the market comparables approach and discounted cash flow approach. (7) The directional change from an increase in the weight ascribed to the direct income capitalization approach would increase the fair value of the Level III investments if the direct income capitalization approach results in a higher valuation than the discounted cash flow approach. The opposite would be true if the direct income capitalization approach results in a lower valuation than the discounted cash flow approach. (8) The total energy fair value amount includes multiple investments (in multiple locations throughout North America) that are held in different investment funds and produce varying quantities of oil, condensate, natural gas liquids, and natural gas. Commodity price may be measured using a common volumetric equivalent where one barrel of oil equivalent ("BOE") is determined using the ratio of six thousand cubic feet of natural gas to one barrel of oil, condensate or natural gas liquids. The price per BOE is provided to show the aggregate of all price inputs for the various investments over a common volumetric equivalent although the valuations for specific investments may use price inputs specific to the asset for purposes of our valuations. The discounted cash flows include forecasted production of liquids (oil, condensate, and natural gas liquids) and natural gas with a forecasted revenue ratio of approximately 87% liquids and 13% natural gas. (9) Consists primarily of investments in common stock, preferred stock, warrants and options of companies that are not private equity, real assets, credit, equity method - other or investments of consolidated CFEs. (10) The funds withheld receivable at interest has been excluded from the above table. As discussed in Note 12 – Reinsurance, the funds withheld receivable at interest is created through funds withheld contracts. The assets supporting these receivables were held in trusts for the benefit of Global Atlantic. Accordingly, the unobservable inputs utilized in the valuation of the embedded derivative are a component of the invested assets supporting the funds withheld reinsurance agreements. Level III Liabilities Fair Value June 30, 2024 Valuation Unobservable Input(s) (1) Weighted Average (2) Range Impact to Valuation from an Increase in Input (3) ASSET MANAGEMENT AND STRATEGIC HOLDINGS Unfunded Revolver Commitments $ 98,327 Yield Analysis Yield 9.6% 8.9% - 10.3% Decrease INSURANCE (4) Policy Liabilities $ 1,320,498 Policy liabilities under fair value option: Present value of best estimate liability cash flows. Unobservable inputs include a market participant view of the risk margin included in the discount rate which reflects the variability of the cash flows. Risk Margin Rate 0.8% 0.6% - 0.9% Decrease Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality. Surrender Rate 6.3% 3.3% - 7.6% Decrease Mortality Rate 4.8% 3.5% - 8.8% Increase Market risk benefit: Fair value using a non-option and option valuation approach Instrument-specific Credit Risk (10 and 30 Year) 0.8% / 0.9% Decrease Policyholder behavior is also a significant unobservable input, including lapse, surrender, and mortality. Mortality Rate 2.4% 0.4% - 30.0% Decrease Surrender Rate 3.9% 0.1% - 39.5% Decrease Level III Liabilities Fair Value June 30, 2024 Valuation Unobservable Input(s) (1) Weighted Average (2) Range Impact to Valuation from an Increase in Input (3) Closed Block Policy Liabilities $ 970,844 Present value of expenses paid from the open block plus the cost of capital held in support of the liabilities. Expense Assumption $17.4 The average expense assumption is between $8.2 and $78.0 per policy, increased by inflation. The annual inflation rate was increased by 2.5%. Increase Instrument-specific Credit Risk 0.8% 0.6% - 0.9% Decrease Unobservable inputs are a market participant’s view of the expenses, a risk margin on the uncertainty of the level of expenses and a cost of capital on the capital held in support of the liabilities. Expense Risk Margin 9.4% Decrease Cost of Capital 9.8% 3.7% - 13.9% Increase Discounted cash flow Mortality Rate 5.6% Increase Surrender Rate 2.0% Increase Embedded Derivative – Interest-Sensitive Life Products $ 495,342 Policy persistency is a significant unobservable input. Lapse Rate 3.3% Decrease Mortality Rate 0.8% Decrease Future costs for options used to hedge the contract obligations Option Budget Assumption 3.8% Increase Instrument-specific Credit Risk 0.8% 0.6% - 0.9% Decrease Embedded Derivative – Annuity Products $ 4,478,104 Policyholder behavior is a significant unobservable input, including utilization and lapse. Utilization: Fixed-Indexed Annuity 3.0% Decrease Surrender Rate: Retail FIA 13.7% Decrease Institutional FIA 16.0% Decrease Mortality Rate: Retail FIA 2.5% Decrease Institutional FIA 2.0% Decrease Future costs for options used to hedge the contract obligations Option Budget Assumption: Retail FIA 2.9% Increase Institutional FIA 3.5% Increase Instrument-specific Credit Risk 0.8% 0.6% - 0.9% Decrease (1) In determining certain of these inputs, management evaluates a variety of factors including economic conditions, industry and market developments, market valuations of comparable companies and company specific developments including exit strategies and realization opportunities. KKR has determined that market participants would likely take these inputs into account when valuing the investments and debt obligations. "LTM" means last twelve months, and "EBITDA" means earnings before interest, taxes, depreciation and amortization. (2) Inputs were weighted based on the fair value of the investments included in the range. (3) Unless otherwise noted, this column represents the directional change in the fair value of the Level III investments that would result from an increase to the corresponding unobservable input. A decrease to the unobservable input would have the opposite effect. Significant increases and decreases in these inputs in isolation could result in significantly higher or lower fair value measurements. (4) The fair value of the embedded derivative component of the funds withheld payable at interest has been excluded from the above table. The investments supporting the funds withheld payable at interest balance are held in a trust by Global Atlantic. Accordingly, the unobservable inputs utilized in the valuation of the embedded derivative are a component of the investments supporting the reinsurance cession agreements.
Schedule of Financial Instruments Not Carried at Fair Value	The following tables present carrying amounts and fair values of Global Atlantic’s financial instruments which are not carried at fair value as of June 30, 2024 and December 31, 2023: Fair Value Hierarchy As of June 30, 2024 Carrying Value Level I Level II Level III Fair Value ($ in thousands) Financial Assets: Insurance Mortgage and Other Loan Receivables $ 46,216,912 $ — $ — $ 43,624,641 $ 43,624,641 Policy Loans 1,609,396 — — 1,616,942 1,616,942 FHLB Common Stock and Other Investments 175,188 — — 175,188 175,188 Funds Withheld Receivables at Interest 2,507,648 — 2,507,648 — 2,507,648 Cash and Cash Equivalents 7,710,857 7,710,857 — — 7,710,857 Restricted Cash and Cash Equivalents 360,705 360,705 — — 360,705 Total Financial Assets $ 58,580,706 $ 8,071,562 $ 2,507,648 $ 45,416,771 $ 55,995,981 Financial Liabilities: Insurance Policy Liabilities – Policyholder Account Balances $ 57,245,938 $ — $ 49,181,507 $ 7,048,265 $ 56,229,772 Funds Withheld Payables at Interest 46,844,310 — 46,844,310 — 46,844,310 Debt Obligations 3,698,209 — — 3,560,359 3,560,359 Securities Sold Under Agreements to Repurchase 566,169 — 566,169 — 566,169 Total Financial Liabilities $ 108,354,626 $ — $ 96,591,986 $ 10,608,624 $ 107,200,610 Fair Value Hierarchy As of December 31, 2023 Carrying Value Level I Level II Level III Fair Value ($ in thousands) Financial Assets: Insurance Mortgage and Other Loan Receivables $ 38,480,525 $ — $ — $ 35,539,059 $ 35,539,059 Policy Loans 1,556,030 — — 1,341,005 1,341,005 FHLB Common Stock and Other Investments 173,148 — — 173,148 173,148 Funds Withheld Receivables at Interest 2,624,984 — 2,624,984 — 2,624,984 Cash and Cash Equivalents 11,954,675 11,954,675 — — 11,954,675 Restricted Cash and Cash Equivalents 342,954 342,954 — — 342,954 Total Financial Assets $ 55,132,316 $ 12,297,629 $ 2,624,984 $ 37,053,212 $ 51,975,825 Financial Liabilities: Insurance Policy Liabilities – Policyholder Account Balances $ 53,821,432 $ — $ 45,395,423 $ 6,966,991 $ 52,362,414 Funds Withheld Payables at Interest 36,786,825 — 36,786,825 — 36,786,825 Debt Obligations 2,587,857 — — 2,396,587 2,396,587 Securities Sold Under Agreements to Repurchase 1,358,434 — 1,358,434 — 1,358,434 Total Financial Liabilities $ 94,554,548 $ — $ 83,540,682 $ 9,363,578 $ 92,904,260

FAIR VALUE OPTION (Tables)

FAIR VALUE OPTION (Tables)	6 Months Ended
	Jun. 30, 2024
Fair Value Disclosures [Abstract]
Schedule of Disclosures of Financial Instruments for Which the Fair Value Option Was Elected	The following table summarizes the financial instruments for which the fair value option has been elected: June 30, 2024 December 31, 2023 Assets Asset Management and Strategic Holdings Credit $ 993,967 $ 976,978 Investments of Consolidated CFEs 24,890,663 24,996,298 Real Assets 57,869 59,721 Equity Method - Other 2,314,065 2,283,588 Other Investments 134,150 153,597 Total Asset Management and Strategic Holdings $ 28,390,714 $ 28,470,182 Insurance Mortgage and Other Loan Receivables $ 603,200 $ 697,402 Other Investments 519,137 232,877 Reinsurance Recoverable 926,695 926,035 Total Insurance $ 2,049,032 $ 1,856,314 Total Assets $ 30,439,746 $ 30,326,496 Liabilities Asset Management and Strategic Holdings Debt Obligations of Consolidated CFEs $ 25,253,120 $ 25,276,404 Total Asset Management and Strategic Holdings $ 25,253,120 $ 25,276,404 Insurance Policy Liabilities $ 1,271,580 $ 1,322,555 Total Insurance $ 1,271,580 $ 1,322,555 Total Liabilities $ 26,524,700 $ 26,598,959 The following table presents the net realized and unrealized gains (losses) on financial instruments for which the fair value option was elected: Three Months Ended June 30, 2024 Three Months Ended June 30, 2023 Net Realized Net Unrealized Total Net Realized Net Unrealized Total Assets Asset Management and Strategic Holdings Credit $ 6,933 $ (16,822) $ (9,889) $ (52,593) $ 63,266 $ 10,673 Investments of Consolidated CFEs (1,715) (89,021) (90,736) (44,865) 251,101 206,236 Real Assets — (741) (741) 51,637 (48,294) 3,343 Equity Method - Other 7,062 (106,160) (99,098) 14,061 59,443 73,504 Other Investments (118) 986 868 (75) (4,239) (4,314) Total Asset Management and Strategic Holdings $ 12,162 $ (211,758) $ (199,596) $ (31,835) $ 321,277 $ 289,442 Insurance Mortgage and Other Loan Receivables $ — $ 12,837 $ 12,837 $ — $ 12,540 $ 12,540 Other Investments — (13,322) (13,322) — (8,649) (8,649) Total Insurance $ — $ (485) $ (485) $ — $ 3,891 $ 3,891 Total Assets $ 12,162 $ (212,243) $ (200,081) $ (31,835) $ 325,168 $ 293,333 Liabilities Asset Management and Strategic Holdings Debt Obligations of Consolidated CFEs $ (3,356) $ 89,187 $ 85,831 $ — $ (258,665) $ (258,665) Total Asset Management and Strategic Holdings $ (3,356) $ 89,187 $ 85,831 $ — $ (258,665) $ (258,665) Insurance Policy Liabilities $ — $ 16,597 $ 16,597 $ — $ (1,265) $ (1,265) Total Insurance $ — $ 16,597 $ 16,597 $ — $ (1,265) $ (1,265) Total Liabilities $ (3,356) $ 105,784 $ 102,428 $ — $ (259,930) $ (259,930) Six Months Ended June 30, 2024 Six Months Ended June 30, 2023 Net Realized Net Unrealized Total Net Realized Net Unrealized Total Assets Asset Management and Strategic Holdings Credit $ (540) $ (1,966) $ (2,506) $ (60,346) $ 56,295 $ (4,051) Investments of Consolidated CFEs 3,290 7,952 11,242 (49,882) 568,982 519,100 Real Assets — (1,852) (1,852) 51,637 (56,597) (4,960) Equity Method - Other 22,507 (174,403) (151,896) 47,367 (16,300) 31,067 Other Investments (118) 863 745 1,561 (1,761) (200) Total Asset Management and Strategic Holdings $ 25,139 $ (169,406) $ (144,267) $ (9,663) $ 550,619 $ 540,956 Insurance Mortgage and Other Loan Receivables $ — $ 8,449 $ 8,449 $ — $ 6,196 $ 6,196 Other Investments — (53,001) (53,001) — (55,641) (55,641) Total Insurance $ — $ (44,552) $ (44,552) $ — $ (49,445) $ (49,445) Total Assets $ 25,139 $ (213,958) $ (188,819) $ (9,663) $ 501,174 $ 491,511 Liabilities Asset Management and Strategic Holdings Debt Obligations of Consolidated CFEs $ (3,524) $ 10,291 $ 6,767 $ — $ (635,153) $ (635,153) Total Asset Management and Strategic Holdings $ (3,524) $ 10,291 $ 6,767 $ — $ (635,153) $ (635,153) Insurance Policy Liabilities $ — $ 57,698 $ 57,698 $ — $ (671) $ (671) Total Insurance $ — $ 57,698 $ 57,698 $ — $ (671) $ (671) Total Liabilities $ (3,524) $ 67,989 $ 64,465 $ — $ (635,824) $ (635,824)

INSURANCE INTANGIBLES, UNEARN_2

INSURANCE INTANGIBLES, UNEARNED REVENUE RESERVES AND UNEARNED FRONT-END LOADS (Tables)	6 Months Ended
	Jun. 30, 2024
Insurance [Abstract]
Schedule of Intangible Assets, Net	The following reflects the reconciliation of the components of insurance intangibles to the total balance reported in the consolidated statements of financial condition as of June 30, 2024 and December 31, 2023: June 30, December 31, 2024 2023 Deferred Acquisition Costs $ 1,376,170 $ 1,154,697 Value of Business Acquired 1,209,232 1,252,984 Cost-of-reinsurance Intangibles 2,319,281 2,043,143 Total Insurance Intangibles $ 4,904,683 $ 4,450,824
Schedule of Changes to Deferred Policy Acquisition Costs	The following tables reflect the deferred acquisition costs roll-forward by product category for the six months ended June 30, 2024 and 2023: Six Months Ended June 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Other Total Balance, as of the Beginning of the Period $ 373,863 $ 481,970 $ 132,079 $ 166,785 $ 1,154,697 Capitalizations 131,448 158,733 4,510 32,484 327,175 Amortization Expense (50,770) (41,817) (4,388) (8,727) (105,702) Balance, as of the End of the Period $ 454,541 $ 598,886 $ 132,201 $ 190,542 $ 1,376,170 Six Months Ended June 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Other Total Balance, as of the Beginning of the Period $ 221,679 $ 367,813 $ 116,021 $ 115,457 $ 820,970 Capitalizations 79,572 88,945 16,396 34,544 219,457 Amortization Expense (29,119) (27,531) (3,270) (7,036) (66,956) Balance, as of the End of the Period $ 272,132 $ 429,227 $ 129,147 $ 142,965 $ 973,471
Schedule of Changes to Value of Business Acquired Asset	The following tables reflect the value of business acquired, or “VOBA” asset roll-forward by product category for the six months ended June 30, 2024 and 2023: Six Months Ended June 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 44,922 $ 621,372 $ 262,942 $ 245,042 $ 78,706 $ 1,252,984 Amortization Expense (1,868) (21,302) (6,863) (10,333) (3,386) (43,752) Balance, as of the End of the Period $ 43,054 $ 600,070 $ 256,079 $ 234,709 $ 75,320 $ 1,209,232 Six Months Ended June 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 48,762 $ 663,296 $ 276,795 $ 241,778 $ 85,898 $ 1,316,529 Amortization Expense (1,937) (20,595) (6,785) (12,649) (3,669) (45,635) Balance, as of the End of the Period $ 46,825 $ 642,701 $ 270,010 $ 229,129 $ 82,229 $ 1,270,894 The following tables reflect the negative value of business acquired, or “negative VOBA” liability roll-forward by product category for the six months ended June 30, 2024 and 2023: Six Months Ended June 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 65,966 $ 106,538 $ 421,213 $ 91,295 $ 182,920 $ 867,932 Amortization Expense (12,567) (17,252) (13,909) (3,100) (6,755) (53,583) Balance, as of the End of the Period $ 53,399 $ 89,286 $ 407,304 $ 88,195 $ 176,165 $ 814,349 Six Months Ended June 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 98,342 $ 145,610 $ 461,592 $ 99,776 $ 198,804 $ 1,004,124 Amortization Expense (16,799) (19,828) (17,857) (4,801) (8,909) (68,194) Balance, as of the End of the Period $ 81,543 $ 125,782 $ 443,735 $ 94,975 $ 189,895 $ 935,930
Schedule of Changes to Unearned Revenue Reserve	Unearned revenue reserves and unearned front-end loads Six Months Ended June 30, 2024 2023 Preneed Balance, as of the Beginning of the Period $ 178,053 $ 118,186 Deferral 34,544 36,360 Amortized to Income during the Period (7,735) (5,341) Balance, as of the End of the Period $ 204,862 $ 149,205

REINSURANCE (Tables)

REINSURANCE (Tables)	6 Months Ended
	Jun. 30, 2024
Insurance [Abstract]
Schedule of Effects of Reinsurance Agreements	The effects of all reinsurance agreements on the consolidated statements of financial condition were as follows: June 30, 2024 December 31, 2023 Policy Liabilities: Direct $ 79,691,450 $ 75,715,857 Assumed 98,141,160 84,342,414 Total Policy Liabilities 177,832,610 160,058,271 Ceded (1) (45,282,565) (35,773,958) Net Policy Liabilities $ 132,550,045 $ 124,284,313 (1) Reported within reinsurance recoverable within the consolidated statements of financial condition. The effects of reinsurance on the consolidated statements of operations were as follows: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Net Premiums: Direct $ 130,510 $ 33,255 $ 165,373 $ 65,908 Assumed 1,622,987 1,135,174 10,732,365 1,753,904 Ceded (817,703) (542,000) (3,925,422) (719,759) Net Premiums $ 935,794 $ 626,429 $ 6,972,316 $ 1,100,053 Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Policy Fees: Direct $ 229,526 $ 229,043 $ 455,848 $ 456,900 Assumed 264,553 105,673 438,971 210,262 Ceded (160,179) (19,334) (231,972) (37,978) Net Policy Fees $ 333,900 $ 315,382 $ 662,847 $ 629,184 Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Net Policy Benefits and Claims: Direct $ 951,940 $ 785,168 $ 1,796,600 $ 1,733,287 Assumed 2,481,881 1,583,542 12,381,880 2,600,478 Ceded (1,234,661) (632,696) (4,718,251) (1,070,697) Net Policy Benefits and Claims $ 2,199,160 $ 1,736,014 $ 9,460,229 $ 3,263,068
Schedule of Reinsurance Recoverable and Funds Withheld Receivable at Interest by Credit Quality Indicator	The following shows the amortized cost basis of Global Atlantic’s reinsurance recoverable and funds withheld receivable at interest by credit quality indicator and any associated credit enhancements Global Atlantic has obtained to mitigate counterparty credit risk: As of June 30, 2024 As of December 31, 2023 A.M. Best Rating (1) Reinsurance Recoverable and Funds Withheld Receivable at Interest Credit Enhancements (2) Net Reinsurance Credit Exposure (3) Reinsurance Recoverable and Funds Withheld Receivable at Interest Credit Enhancements (2) Net Reinsurance Credit Exposure (3) A++ $ 31,937 $ — $ 31,937 $ 38,857 $ — $ 38,857 A+ 1,711,803 — 1,711,803 1,801,954 — 1,801,954 A 2,218,665 — 2,218,665 2,212,800 — 2,212,800 A- 4,114,137 3,621,593 492,544 4,430,484 3,814,976 615,508 B++ 896 — 896 589 — 589 B+ — — — — — — B — — — — — — B- — — — — — — C++/C+ (230) — — (228) — — Not Rated or Private Rating (4) 40,018,704 40,322,241 — 30,859,068 30,210,350 648,718 Total $ 48,095,912 $ 43,943,834 $ 4,455,845 $ 39,343,524 $ 34,025,326 $ 5,318,426 (1) Ratings are periodically updated (at least annually) as A.M. Best issues new ratings. (2) Credit enhancements primarily include funds withheld payable at interest. (3) Includes credit loss allowance of $24.2 million and $21.0 million as of June 30, 2024 and December 31, 2023, respectively, held against reinsurance recoverable and funds withheld receivable at interest. (4) Includes $40.0 billion and $30.8 billion as of June 30, 2024 and December 31, 2023, respectively, associated with cessions to co-investment vehicles (the "sponsored reinsurance vehicles") that participate in qualifying reinsurance transactions sourced by Global Atlantic.

NET INCOME (LOSS) ATTRIBUTABL_2

NET INCOME (LOSS) ATTRIBUTABLE TO KKR & CO. INC. PER SHARE OF COMMON STOCK (Tables)	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Net Income (Loss) Attributable to KKR & Co. per Share of Common Stock	For the three and six months ended June 30, 2024 and 2023, basic and diluted Net Income (Loss) attributable to KKR & Co. Inc. per share of common stock were calculated as follows: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Net Income (Loss) Available to KKR & Co. Inc. $ 667,926 $ 844,463 $ 1,350,140 $ 1,167,207 (+) Series C Mandatory Convertible Preferred Dividend (if dilutive) — 17,249 — 34,499 Net Income (Loss) Available to KKR & Co. Inc. $ 667,926 $ 861,712 $ 1,350,140 $ 1,201,706 Basic Net Income (Loss) Per Share of Common Stock Weighted Average Shares of Common Stock Outstanding - Basic 887,394,513 861,553,274 886,200,169 861,332,121 Net Income (Loss) Attributable to KKR & Co. Inc. $ 0.75 $ 0.98 $ 1.52 $ 1.36 Diluted Net Income (Loss) Per Share of Common Stock Weighted Average Shares of Common Stock Outstanding - Basic 887,394,513 861,553,274 886,200,169 861,332,121 Incremental Common Shares: Assumed vesting of dilutive equity awards (1) 44,651,873 23,699,808 42,393,608 24,877,562 Assumed conversion of Series C Mandatory Convertible Preferred Stock — 26,894,799 — 26,858,884 Weighted Average Shares of Common Stock Outstanding - Diluted 932,046,386 912,147,881 928,593,777 913,068,567 Net Income (Loss) Attributable to KKR & Co. Inc. $ 0.72 $ 0.94 $ 1.45 $ 1.32 (1)
Schedule of KKR Holdings Shares Excluded from the Calculation of Diluted Net Income (Loss) Attributable to KKR & Co. L.P. per Share of Common Stock - Diluted	Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Weighted Average Vested Restricted Holdings Units 7,009,382 3,869,444 6,374,499 3,285,537

OTHER ASSETS AND ACCRUED EXPE_2

OTHER ASSETS AND ACCRUED EXPENSES AND OTHER LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2024
OTHER ASSETS AND ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER LIABILITIES
Schedule of Other Assets	Other Assets consist of the following: June 30, 2024 December 31, 2023 Asset Management and Strategic Holdings Unsettled Investment Sales (1) $ 474,740 $ 271,544 Receivables 173,642 55,602 Due from Broker (2) 70,140 76,075 Deferred Tax Assets, net 42,377 48,580 Interest Receivable 382,608 351,999 Fixed Assets, net (3) 857,716 863,096 Foreign Exchange Contracts and Options (4) 274,943 264,621 Goodwill (5) 499,867 558,279 Intangible Assets (6) 1,425,327 1,624,648 Derivative Assets 9,119 4,792 Prepaid Taxes 224,009 211,966 Prepaid Expenses 49,082 56,828 Operating Lease Right of Use Assets (7) 329,512 358,684 Deferred Financing Costs 19,307 19,213 Other 247,872 209,296 Total Asset Management and Strategic Holdings $ 5,080,261 $ 4,975,223 Insurance Unsettled Investment Sales (1) and Derivative Collateral Receivables $ 23,910 $ 27,562 Deferred Tax Assets, net 2,752,645 2,273,757 Derivative Assets 31,007 45,694 Accrued Investment Income 1,428,261 1,220,781 Goodwill 501,496 501,496 Intangible Assets and Deferred Sales Inducements (8) 284,815 258,529 Operating Lease Right of Use Assets (7) 169,145 172,955 Premiums and Other Account Receivables 239,391 188,136 Other 171,654 152,486 Prepaid Taxes 49,400 42,294 Market Risk Benefit Asset 182 17 Total Insurance $ 5,651,906 $ 4,883,707 Total Other Assets $ 10,732,167 $ 9,858,930 (1) Primarily includes amounts due from third parties for investments sold for which cash settlement has not occurred. (2) Represents amounts held at clearing brokers resulting from securities transactions. (3) Net of accumulated depreciation and amortization of $292.4 million and $257.4 million as of June 30, 2024 and December 31, 2023, respectively. Depreciation and amortization expense of $17.9 million and $16.6 million for the three months ended June 30, 2024 and 2023, respectively, and $35.8 million and $32.4 million, for the six months ended June 30, 2024 and 2023, respectively, are included in General, Administrative and Other in the accompanying consolidated statements of operations. Additionally, KKR’s fixed assets are predominantly located in the United States. (4) Represents derivative financial instruments used to manage foreign exchange risk arising from certain foreign currency denominated investments. Such instruments are measured at fair value with changes in fair value recorded in Net Gains (Losses) from Investment Activities in the accompanying consolidated statements of operations. See Note 4 "Net Gains (Losses) from Investment Activities - Asset Management and Strategic Holdings" in our financial statements for the net changes in fair value associated with these instruments. (5) As of June 30, 2024, the carrying value of goodwill is recorded and assessed for impairment at the reporting unit. As of June 30, 2024, there are approximately $(92.6) million of cumulative foreign currency translation adjustments included in AOCI related to the goodwill recorded as result of the acquisition of KJRM. (6) As of June 30, 2024, there are approximately $(315.7) million of cumulative foreign currency translation adjustments included in AOCI related to the intangible assets recorded as result of the acquisition of KJRM. (7) For Asset Management, non-cancelable operating leases consist of leases for office space in North America, Europe, Asia and Australia. KKR is the lessee under the terms of the operating leases. The operating lease cost was $16.7 million and $17.7 million for the three months ended June 30, 2024 and 2023, respectively, and $33.3 million and $33.4 million for the six months ended June 30, 2024 and 2023, respectively. For Insurance, non-cancelable operating leases consist of leases for office space and land in the U.S. For the three months ended June 30, 2024 and 2023, the operating lease cost was $6.3 million and $6.8 million, respectively, and for the six months ended June 30, 2024 and 2023, the operating lease cost was $9.9 million and $13.6 million, respectively. (8) The definite life intangible assets are amortized using the straight-line method over the useful life of the assets which is an average of 14 years. The indefinite life intangible assets are not subject to amortization. The amortization expense of definite life intangible assets was $4.4 million for both the three months ended June 30, 2024 and 2023 and $8.8 million for both the six months ended June 30, 2024 and 2023.
Schedule of Accounts Payable, Accrued Expenses and Other Liabilities	Accrued Expenses and Other Liabilities consist of the following: June 30, 2024 December 31, 2023 Asset Management and Strategic Holdings Amounts Payable to Carry Pool (1) $ 3,988,966 $ 2,664,694 Unsettled Investment Purchases (2) 1,128,579 574,986 Securities Sold Short (3) 134,297 149,136 Derivative Liabilities 70 2,382 Accrued Compensation and Benefits 276,304 210,625 Interest Payable 496,491 492,501 Foreign Exchange Contracts and Options (4) 226,240 441,608 Accounts Payable and Accrued Expenses 434,886 221,851 Taxes Payable 55,524 39,255 Uncertain Tax Positions 25,063 23,579 Unfunded Revolver Commitments 98,327 94,683 Operating Lease Liabilities (5) 333,904 360,852 Deferred Tax Liabilities, net 2,568,268 2,370,118 Other Liabilities 102,099 72,145 Total Asset Management and Strategic Holdings $ 9,869,018 $ 7,718,415 Insurance Unsettled Investment Purchases (2) and Derivative Collateral Liabilities $ 648,859 $ 205,669 Securities Sold Under Agreements to Repurchase 566,169 1,358,434 Accrued Expenses 620,949 607,262 Insurance Operations Balances in Course of Settlement 278,095 250,367 Operating Lease Liabilities (5) 190,359 193,566 Derivative Liabilities 304,162 146,197 Accrued Employee Related Expenses 67,179 370,984 Interest Payable 33,126 15,894 Tax Payable to Former Parent Company 48,386 62,545 Accounts and Commissions Payable 28,978 32,104 Other Tax Related Liabilities 13,990 12,984 Total Insurance $ 2,800,252 $ 3,256,006 Total Accrued Expenses and Other Liabilities $ 12,669,270 $ 10,974,421 (1) Represents the amount of carried interest payable to current and former KKR employees arising from KKR's investment funds and co-investment vehicles that provide for carried interest. (2) Primarily includes amounts owed to third parties for investment purchases for which cash settlement has not occurred. (3) Represents the obligations of KKR to deliver a specified security at a future point in time. Such securities are measured at fair value with changes in fair value recorded in Net Gains (Losses) from Investment Activities in the accompanying consolidated statements of operations. See Note 4 "Net Gains (Losses) from Investment Activities - Asset Management and Strategic Holdings" in our financial statements for the net changes in fair value associated with these instruments. (4) Represents derivative financial instruments used to manage foreign exchange risk arising from certain foreign currency denominated investments. Such instruments are measured at fair value with changes in fair value recorded in Net Gains (Losses) from Investment Activities in the accompanying consolidated statements of operations. See Note 4 "Net Gains (Losses) from Investment Activities - Asset Management and Strategic Holdings" in our financial statements for the net changes in fair value associated with these instruments. (5) For Asset Management, operating leases for office space have remaining lease terms that range from approximately 1 year to 17 years, some of which include options to extend the leases from 5 years to 10 years. The weighted average remaining lease terms were 10.2 years and 10.3 years as of June 30, 2024 and December 31, 2023, respectively. The weighted average discount rates were 2.9% and 2.9% as of June 30, 2024 and December 31, 2023, respectively. For Insurance, operating leases for office space have remaining lease terms that range from approximately 1 year to 11 years, some of which include options to extend the leases for up to 10 years. The weighted average remaining lease terms were 7.6 years as of both June 30, 2024 and December 31, 2023. The weighted average discount rates were 4.7% and 4.4% as of June 30, 2024 and December 31, 2023, respectively. The weighted average remaining lease terms for land were 42.8 years and 43.7 years as of June 30, 2024 and December 31, 2023, respectively.

VARIABLE INTEREST ENTITIES (Tab

VARIABLE INTEREST ENTITIES (Tables)	6 Months Ended
	Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Maximum Exposure to Loss, Before Allocations to the Carry Pool and Noncontrolling Interests, if any, for VIEs	As of June 30, 2024 and December 31, 2023, the maximum exposure to loss, before allocations to the carry pool and noncontrolling interests, if any, for those VIEs in which KKR is determined not to be the primary beneficiary but in which it has a variable interest is as follows: Asset Management and Strategic Holdings June 30, 2024 December 31, 2023 Investments $ 9,241,215 $ 7,877,904 Due from (to) Affiliates, net 1,313,837 1,097,939 Maximum Exposure to Loss $ 10,555,052 $ 8,975,843 Insurance Other Investment Partnerships $ 795,263 $ 169,265 Investment in Renewable Energy 44,935 55,485 Maximum Exposure to Loss $ 840,198 $ 224,750 Total Maximum Exposure to Loss $ 11,395,250 $ 9,200,593

DEBT OBLIGATIONS (Tables)

DEBT OBLIGATIONS (Tables)	6 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
Schedule of Debt Obligations	KKR's Asset Management and Strategic Holdings debt obligations consisted of the following: June 30, 2024 December 31, 2023 By remaining maturity at Financing Available Principal Carrying Value Fair Value Financing Available Principal Carrying Value Fair Value Revolving Credit Facilities: (1) Under 1 Year 750,000 — — — 750,000 — — — 1-5 Years 2,217,633 — — — 2,236,492 — — — After 5 Years — — — — — — — — Subtotal 2,967,633 — — — 2,986,492 — — — KKR USD Senior Notes: (2)(3)(6)(8) Under 1 Year — — — — — — — — 1-5 Years — 750,000 745,555 703,140 — — — — After 5 Years — 4,250,000 4,166,604 3,429,969 — 5,000,000 4,890,919 4,181,595 Subtotal — 5,000,000 4,912,159 4,133,109 — 5,000,000 4,890,919 4,181,595 KKR Yen Senior Notes: (2)(3)(6) Under 1 Year — 31,069 30,986 31,013 — — — — 1-5 Years — 811,508 807,698 805,121 — 610,552 608,047 606,447 After 5 Years — 578,494 571,303 546,985 — 363,069 357,986 337,097 Subtotal — 1,421,071 1,409,987 1,383,119 — 973,621 966,033 943,544 KKR Euro Senior Notes: (2)(3)(6) Under 1 Year — — — — — — — — 1-5 Years — 696,155 691,604 627,354 — 717,400 712,331 646,248 After 5 Years — — — — — — — — Subtotal — 696,155 691,604 627,354 — 717,400 712,331 646,248 KKR Subordinated Notes: (2)(3)(7) Under 1 Year — — — — — — — — 1-5 Years — — — — — — — — After 5 Years — 500,000 486,933 385,200 — 500,000 486,755 377,400 Subtotal — 500,000 486,933 385,200 — 500,000 486,755 377,400 KFN USD Senior Notes: (2)(3)(4)(9) Under 1 Year — — — — — — — — 1-5 Years — — — — — — — — After 5 Years — 690,000 684,379 613,250 — 690,000 684,032 624,018 Subtotal — 690,000 684,379 613,250 — 690,000 684,032 624,018 KFN Junior Subordinated Notes: (2)(4)(5)(9) Under 1 Year — — — — — — — — 1-5 Years — — — — — — — — After 5 Years — 258,517 239,465 213,631 — 258,517 238,801 208,902 Subtotal — 258,517 239,465 213,631 — 258,517 238,801 208,902 Total KKR & KFN Notes 2,967,633 8,565,743 8,424,527 7,355,663 2,986,492 8,139,538 7,978,871 6,981,707 Other Debt Obligations: (1)(8) 7,832,887 37,355,490 36,971,720 36,819,529 6,618,692 37,274,503 36,907,999 36,699,920 Total 10,800,520 45,921,233 45,396,247 44,175,192 9,605,184 45,414,041 44,886,870 43,681,627 (1) Financing available is reduced by the dollar amounts specified in any issued letters of credit. (2) Carrying value includes: (i) unamortized note discount (net of premium), as applicable and (ii) unamortized debt issuance costs, as applicable. Financing costs related to the issuance of the notes have been deducted from the note liability and are being amortized over the life of the notes. (3) Interest rates of the notes are fixed and the weighted average interest rates are the following: June 30, 2024 December 31, 2023 KKR USD Senior Notes 4.23% 4.23% KKR Yen Senior Notes 1.67% 1.46% KKR Euro Senior Notes 1.63% 1.63% KKR Subordinated Notes 4.63% 4.63% KFN USD Senior Notes 5.44% 5.44% (4) These debt obligations are classified as Level III within the fair value hierarchy and valued using the same valuation methodologies as KKR's Level III credit investments. (5) Interest rates of the notes are floating and the weighted average interest rate is 8.1% and 8.1% and the weighted average years to maturity is 12.3 years and 12.8 years as of June 30, 2024 and December 31, 2023, respectively. (6) The notes are classified as Level II within the fair value hierarchy and fair value is determined by third party broker quotes. (7) The notes are classified as Level I within the fair value hierarchy and fair value is determined by quoted prices in active markets since the debt is publicly listed. (8) As of June 30, 2024 and December 31, 2023, the principal value, carrying value and fair value reflects the elimination for the portion of applicable debt obligations that are held by Global Atlantic (9) KKR consolidates and reports debt obligations of KKR Financial Holdings LLC, a KKR subsidiary ("KFN"), which are non-recourse to KKR beyond the assets of KFN. From time to time, KKR may provide credit support for the funding obligations of its subsidiaries. Global Atlantic's debt obligations consisted of the following: June 30, 2024 December 31, 2023 By remaining maturity at Financing Available Principal Carrying Value (1) Fair Value (2) Financing Available Principal Carrying Value (1) Fair Value (2) Revolving Credit Facilities: Under 1 Year — — — — — — — — 1-5 Years 1,000,000 — — — 800,000 200,000 200,000 200,000 After 5 Years — — — — — — — — Subtotal 1,000,000 — — — 800,000 200,000 200,000 200,000 Senior Notes: (4) Under 1 Year — — — — — — — — 1-5 Years — — — — — — — — After 5 Years — 2,550,000 2,334,126 2,460,705 — 1,800,000 1,648,467 1,715,155 Subtotal — 2,550,000 2,334,126 2,460,705 — 1,800,000 1,648,467 1,715,155 Subordinated Notes: (4) Under 1 Year — — — — — — — — 1-5 Years — — — — — — — — After 5 Years — 1,350,000 1,329,383 1,301,445 — 750,000 739,390 643,575 Subtotal — 1,350,000 1,329,383 1,301,445 — 750,000 739,390 643,575 Debt Obligations of Consolidated Special Purpose Vehicles (3) 305,300 34,700 34,700 34,700 — — — — Total 1,305,300 3,934,700 3,698,209 3,796,850 800,000 2,750,000 2,587,857 2,558,730 (1) Carrying value of debt as of June 30, 2024 and December 31, 2023, includes purchase accounting adjustments of $37.6 million and $40.2 million, respectively, net debt issuance costs of $(59.3) million and $(36.5) million, respectively, and cumulative fair value loss on hedged debt obligations of $(214.8) million and $(165.8) million, respectively. The amortization of the purchase accounting adjustments was $1.8 million and $0.8 million for the three months ended June 30, 2024 and 2023, and $2.6 million and $1.6 million for the six months ended June 30, 2024 and 2023, respectively. (2) These debt obligations are classified as Level III within the fair value hierarchy and valued using the same valuation methodologies as KKR's Level III credit investments. (3) These debt obligations primarily include debt obligations of consolidated sponsored reinsurance vehicles that are not guaranteed by KKR or Global Atlantic. (4) Interest rates of the notes are fixed and the weighted average interest rates are the following: June 30, 2024 December 31, 2023 Senior Notes 5.67% 5.22% Subordinated Notes 6.14% 4.70%
Schedule of Other Debt Obligations	As of June 30, 2024, other debt obligations consisted of the following: Financing Available Principal Carrying Value Fair Value Weighted Weighted Average Remaining Maturity in Years Financing Facilities of Consolidated Funds and Other (1) $ 7,832,887 $ 11,745,438 $ 11,718,600 $ 11,566,409 6.5% 4.4 Debt Obligations of Consolidated CFEs — 25,610,052 25,253,120 25,253,120 (2) 9.9 $ 7,832,887 $ 37,355,490 $ 36,971,720 $ 36,819,529 (1) Includes borrowings collateralized by fund investments, fund co-investments and other assets held by levered investment vehicles of $2.8 billion. (2) The senior notes of the consolidated CFEs had a weighted average interest rate of 6.8%. The subordinated notes of the consolidated CLOs do not have contractual interest rates but instead receive a pro rata amount of the net distributions from the excess cash flows of the respective CLO vehicle. Accordingly, weighted average borrowing rates for the subordinated notes are based on cash distributions during the period, if any.

POLICY LIABILITIES (Tables)

POLICY LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2024
Insurance [Abstract]
Schedule of Policyholder Account Balance And Liability For Unpaid Claims And Claims Adjustment Expense	The following reflects the reconciliation of the components of policy liabilities to the total balance reported in the consolidated statements of financial condition as of June 30, 2024 and December 31, 2023: June 30, 2024 December 31, 2023 Policyholders’ Account Balances $ 132,487,893 $ 125,187,354 Liability for Future Policy Benefits 26,186,400 17,823,750 Additional Liability for Annuitization, Death, or Other Insurance Benefits 7,303,662 7,129,785 Market Risk Benefit Liability 1,019,763 1,120,968 Other Policy-related Liabilities (1) 10,834,892 8,796,414 Total Policy Liabilities $ 177,832,610 $ 160,058,271 (1) Other policy-related liabilities as of June 30, 2024 and December 31, 2023 primarily consist of embedded derivatives associated with contractholder deposit funds ($5.0 billion and $4.0 billion, respectively), cost-of-reinsurance liabilities ($3.0 billion and $1.8 billion, respectively), policy liabilities accounted under a fair value option (both $1.2 billion), negative VOBA ($814.3 million and $867.9 million, respectively) and outstanding claims ($243.8 million and $235.1 million, respectively).
Schedule of Policyholder Account Balance	The following reflects the policyholders’ account balances roll-forward for the six months ended June 30, 2024 and 2023, and the policyholders’ account balances weighted average interest rates, net amount at risk, and cash surrender value as of those dates: Six Months Ended June 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Funding Agreements Other (1) Total Balance as of Beginning of Period $ 56,762,736 $ 30,168,445 $ 21,969,053 $ 7,015,998 $ 9,271,122 $ 125,187,354 Issuances and Premiums Received 9,926,540 3,662,304 1,414,207 895,933 1,430,405 17,329,389 Benefit Payments, Surrenders, and Withdrawals (6,145,728) (2,704,230) (681,941) (1,063,523) (801,409) (11,396,831) Interest (2) 1,053,040 346,887 352,641 138,914 165,570 2,057,052 Other Activity (3) (225,594) 59,542 (575,880) (1,795) 54,656 (689,071) Balance as of End of Period $ 61,370,994 $ 31,532,948 $ 22,478,080 $ 6,985,527 $ 10,120,344 $ 132,487,893 Less: Reinsurance Recoverable (11,423,532) (3,153,563) (7,628,349) — (3,743,640) (25,949,084) Balance as of End of Period, Net of Reinsurance Recoverable $ 49,947,462 $ 28,379,385 $ 14,849,731 $ 6,985,527 $ 6,376,704 $ 106,538,809 Average Interest Rate 3.78 % 2.48 % 3.26 % 3.97 % 3.33 % 3.34 % Net Amount at Risk, Gross of Reinsurance (4) $ — $ — $ 115,293,057 $ — $ 1,152,757 $ 116,445,814 Cash Surrender Value (5) $ 46,935,572 $ 30,590,374 $ 14,067,672 $ — $ 4,543,336 $ 96,136,954 (1) “Other” consists of activity related to payout annuities without life contingencies, preneed, variable annuities and life products. (2) Interest includes interest credited to policyholders’ account values, and interest accreted in other components of the policyholder account balance, including investment-type contract values, host amounts for contractholder deposits with embedded derivatives, funding agreements and other associated reserves. (3) “Other activity” includes policy charges, fees and commissions, transfers, assumption changes, fair value changes and the impact of hedge fair value adjustments. (4) Net amount at risk represents the difference between the face value of the insurance policy and the reserve accumulated under that same policy. (5) Cash surrender values are reported net of any applicable surrender charges, net of reinsurance. Six Months Ended June 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Funding Agreements Other (1) Total Balance as of Beginning of Period $ 48,510,703 $ 29,123,926 $ 17,397,185 $ 7,535,489 $ 9,713,933 $ 112,281,236 Issuances and Premiums Received 4,806,261 2,714,727 361,289 200,000 219,980 8,302,257 Benefit Payments, Surrenders, and Withdrawals (4,662,115) (2,005,875) (454,520) (280,367) (818,454) (8,221,331) Interest (2) 714,552 242,348 233,704 108,293 149,183 1,448,080 Other Activity (3) (132,690) (20,889) (226,377) 41,456 129,572 (208,928) Balance as of End of Period $ 49,236,711 $ 30,054,237 $ 17,311,281 $ 7,604,871 $ 9,394,214 $ 113,601,314 Less: Reinsurance Recoverable (6,849,070) (3,225,203) (3,499,441) — (3,020,941) (16,594,655) Balance as of End of Period, Net of Reinsurance Recoverable $ 42,387,641 $ 26,829,034 $ 13,811,840 $ 7,604,871 $ 6,373,273 $ 97,006,659 Average Interest Rate 2.90 % 1.82 % 3.14 % 2.88 % 2.69 % 2.59 % Net Amount at Risk, Gross of Reinsurance (4) $ — $ — $ 83,314,521 $ — $ 1,183,790 $ 84,498,311 Cash Surrender Value (5) $ 39,742,358 $ 27,548,010 $ 12,894,769 $ — $ 4,679,664 $ 84,864,801 (1) “Other” consists of activity related to payout annuities without life contingencies, preneed, variable annuities and life products. (2) Interest includes interest credited to policyholders’ account values, and interest accreted in other components of the policyholder account balance, including investment-type contract values, host amounts for contractholder deposits with embedded derivatives, funding agreements and other associated reserves. (3) “Other activity” includes policy charges, fees and commissions, transfers, assumption changes, fair value changes and the impact of hedge fair value adjustments. (4) Net amount at risk represents the difference between the face value of the insurance policy and the reserve accumulated under that same policy. (5) Cash surrender values are reported net of any applicable surrender charges, net of reinsurance.
Schedule of Policyholder Account Balance, Guaranteed Minimum Crediting Rate	The following table presents the account values by range of guaranteed minimum crediting rates and the related range of difference, in basis points, between rates being credited to policyholders and the respective guaranteed minimums. Account values, as disclosed below, differ from policyholder account balances as they exclude balances associated with index credits, contractholder deposit fund host balances, funding agreements, and other associated reserves. In addition, policyholder account balances include discounts and premiums on assumed business which are not reflected in account values. As of June 30, 2024 Account Values with Adjustable Crediting Rates Subject to Guaranteed Minimums: Range of guaranteed minimum crediting rates: At Guaranteed Minimum 1 - 49 bps Above Guaranteed Minimum 50 - 99 bps Above Guaranteed Minimum 100 - 150 bps Above Guaranteed Minimum Greater Than 150 bps Above Guaranteed Minimum Total Less Than 1.00% $ 3,242,952 $ 37,341 $ 463,984 $ 1,594,694 $ 30,292,487 $ 35,631,458 1.00% - 1.99% 1,403,418 863,555 882,211 1,898,698 9,497,587 14,545,469 2.00% - 2.99% 823,166 40,749 57,666 269,799 2,387,062 3,578,442 3.00% - 4.00% 11,028,961 1,559,492 443,985 1,208,294 1,469,994 15,710,726 Greater Than 4.00% 11,761,911 1,343,852 130,420 112,225 283,441 13,631,849 Total $ 28,260,408 $ 3,844,989 $ 1,978,266 $ 5,083,710 $ 43,930,571 $ 83,097,944 Percentage of Total 34 % 5 % 2 % 6 % 53 % 100 % As of December 31, 2023 Account Values with Adjustable Crediting Rates Subject to Guaranteed Minimums: Range of guaranteed minimum crediting rates: At Guaranteed Minimum 1 - 49 bps Above Guaranteed Minimum 50 - 99 bps Above Guaranteed Minimum 100 - 150 bps Above Guaranteed Minimum Greater Than 150 bps Above Guaranteed Minimum Total Less Than 1.00% $ 2,706,701 $ 25,839 $ 660,189 $ 3,546,450 $ 25,940,436 $ 32,879,615 1.00% - 1.99% 1,471,320 1,013,423 999,852 1,968,519 6,603,795 12,056,909 2.00% - 2.99% 896,276 44,850 55,874 109,411 1,310,234 2,416,645 3.00% - 4.00% 12,494,439 1,186,572 414,111 953,560 1,067,325 16,116,007 Greater Than 4.00% 12,095,647 1,385,538 138,112 117,561 298,493 14,035,351 Total $ 29,664,383 $ 3,656,222 $ 2,268,138 $ 6,695,501 $ 35,220,283 $ 77,504,527 Percentage of Total 38 % 5 % 3 % 9 % 45 % 100 %
Schedule of Balances of and Changes in Liability for Future Policy Benefits, and Revenue and Interest Recognized	The following tables summarize the balances of, and changes in, the liability for future policy benefits for traditional and limited-payment contracts for the six months ended June 30, 2024 and 2023: Six Months Ended June 30, 2024 June 30, 2023 Payout Annuities (1) Other (2) Total Payout Annuities (1) Other (2) Total Present Value of Expected Net Premiums Balance as of Beginning of Period $ — $ (208,370) $ (208,370) $ — $ (255,401) $ (255,401) Balance at Original Discount Rate $ — $ (241,058) $ (241,058) $ — $ (303,610) $ (303,610) Effect of Actual Variances from Expected Experience — 5,463 5,463 — 3,380 3,380 Adjusted Beginning of Period Balance — (235,595) (235,595) — (300,230) (300,230) Issuances — (1,138,831) (1,138,831) — — — Interest — (16,470) (16,470) — (2,399) (2,399) Net Premiums Collected — 65,732 65,732 — 16,685 16,685 Flooring Impact — — — 2 — 2 Ending Balance at Original Discount Rate — (1,325,164) (1,325,164) 2 (285,944) (285,942) Effect of Changes in Discount Rate Assumptions — 43,817 43,817 — 47,419 47,419 Balance as of End of Period $ — $ (1,281,347) $ (1,281,347) $ 2 $ (238,525) $ (238,523) Present Value of Expected Future Policy Benefits Balance as of Beginning of Period $ 17,427,353 $ 604,767 $ 18,032,120 $ 14,021,514 $ 679,807 $ 14,701,321 Balance at Original Discount Rate $ 20,040,000 $ 701,655 $ 20,741,655 $ 17,180,626 $ 806,555 $ 17,987,181 Effect of Actual Variances from Expected Experience 2,262 1,400 3,662 (12,863) 1,818 (11,045) Adjusted Beginning of Period Balance 20,042,262 703,055 20,745,317 17,167,763 808,373 17,976,136 Issuances 2,077,784 8,752,033 10,829,817 1,610,241 342 1,610,583 Interest 297,183 117,421 414,604 198,070 4,908 202,978 Benefit Payments (892,493) (237,279) (1,129,772) (793,163) (47,493) (840,656) Ending Balance at Original Discount Rate 21,524,736 9,335,230 30,859,966 18,182,911 766,130 18,949,041 Effect of Changes in Discount Rate Assumptions (3,173,775) (218,444) (3,392,219) (3,083,441) (126,217) (3,209,658) Balance as of End of Period 18,350,961 9,116,786 27,467,747 15,099,470 639,913 15,739,383 Net Liability for Future Policy Benefits 18,350,961 7,835,439 26,186,400 15,099,472 401,388 15,500,860 Less: Reinsurance Recoverable (3) (9,481,224) (6,220,344) (15,701,568) (7,749,635) 1,739 (7,747,896) Net Liability for Future Policy Benefits, Net of Reinsurance Recoverables $ 8,869,737 $ 1,615,095 $ 10,484,832 $ 7,349,837 $ 403,127 $ 7,752,964 (1) Payout annuities generally only have a single premium received at contract inception. As a result, the liability for future policy benefits generally would not reflect a present value for future premiums for payout annuities. (2) “Other” consists of activity related to long-term care insurance, variable annuities, traditional life insurance, preneed insurance and fixed-rate annuity products. Mortality and morbidity risks associated with the long-term care insurance have been ceded to a third-party reinsurer. (3) Reinsurance recoverables associated with the liability for future policy benefits is net of the effect of changes in discount rate assumptions of $(358.1) million and $45.7 million for the six months ended June 30, 2024 and 2023, respectively. The following table summarizes the amount of gross premiums related to traditional and limited-payment contracts recognized in the consolidated statements of operations for the six months ended June 30, 2024 and 2023: Gross Premiums Six Months Ended June 30, 2024 2023 Payout Annuities $ 2,253,977 $ 1,759,137 Other 8,619,184 34,063 Total Products $ 10,873,161 $ 1,793,200 The following table reflects the weighted-average duration and weighted-average interest rates of the future policy benefit liability as of June 30, 2024 and December 31, 2023: As of June 30, 2024 Payout Annuities Other Weighted-Average Interest Rates, Original Discount Rate 3.66 % 4.85 % Weighted-Average Interest Rates, Current Discount Rate 5.45 % 5.53 % Weighted-Average Liability Duration (Years, Current Rates) 8.44 9.69 As of December 31, 2023 Payout Annuities Other Weighted-Average Interest Rates, Original Discount Rate 3.37 % 2.57 % Weighted-Average Interest Rates, Current Discount Rate 4.95 % 4.95 % Weighted-Average Liability Duration (Years, Current Rates) 8.58 9.03 The following reflects the undiscounted ending balance of expected future gross premiums and expected future benefits and payments for traditional and limited-payment contracts, as of June 30, 2024 and December 31, 2023: As of June 30, 2024 Payout Annuities Other Expected Future Benefit Payments, Undiscounted $ 30,772,255 $ 16,560,774 Expected Future Benefit Payments, Discounted (Original Discount Rate) 21,524,736 9,335,230 Expected Future Benefit Payments, Discounted (Current Discount Rate) 18,350,961 9,116,786 Expected Future Gross Premiums, Undiscounted — 1,818,202 Expected Future Gross Premiums, Discounted (Original Discount Rate) — 1,401,340 Expected Future Gross Premiums, Discounted (Current Discount Rate) — 1,343,857 As of December 31, 2023 Payout Annuities Other Expected Future Benefit Payments, Undiscounted $ 29,164,580 $ 832,608 Expected Future Benefit Payments, Discounted (Original Discount Rate) 19,899,423 689,760 Expected Future Benefit Payments, Discounted (Current Discount Rate) 17,427,352 604,768 Expected Future Gross Premiums, Undiscounted — 377,693 Expected Future Gross Premiums, Discounted (Original Discount Rate) — 317,710 Expected Future Gross Premiums, Discounted (Current Discount Rate) — 262,653
Schedule of Additional Liability, Long-Duration Insurance	The following tables reflect the additional liability for annuitization, death, or other insurance benefits roll-forward for the six months ended June 30, 2024 and 2023: Six Months Ended June 30, 2024 2023 Balance as of Beginning of Period $ 7,251,266 $ 5,104,810 Effect of Changes in Experience (23,569) (28,486) Adjusted Balance as of Beginning of Period 7,227,697 5,076,324 Issuances 11,579 13,006 Assessments 350,460 218,534 Benefits Paid (264,671) (193,836) Interest 119,401 64,982 Balance as of End of Period 7,444,466 5,179,010 Less: Impact of Unrealized Investment Gains and Losses 140,804 116,633 Less: Reinsurance Recoverable, End of Period 1,500,742 — Balance, End of Period, Net of Reinsurance Recoverable and Impact of Unrealized Investment Gains and Losses $ 5,802,920 $ 5,062,377 The following reflects the amount of gross assessments recognized for the additional liability for annuitization, death, or other insurance benefits in the consolidated statements of operations for the six months ended June 30, 2024 and 2023: Gross Assessments Six Months Ended June 30, 2024 2023 Total Amount Recognized Within Revenue in the Consolidated Statements of Operations $ 349,862 $ 205,414 The following reflects the weighted average duration and weighted average interest rate for the additional liability for annuitization, death, or other insurance benefits as of June 30, 2024 and December 31, 2023: As of June 30, 2024 December 31, 2023 Weighted-Average Interest, Current Discount Rate 3.28 % 3.09 % Weighted-Average Liability Duration (Years) 27.17 27.64
Schedule of Market Risk Benefit, Activity	The following table presents the balances of, and changes in, market risk benefits: Six months ended June 30, 2024 June 30, 2023 Fixed-indexed Annuity Variable- and Other Annuities Total Fixed-indexed Annuity Variable- and Other Annuities Total Balance as of Beginning of Period $ 868,268 $ 252,683 $ 1,120,951 $ 548,536 $ 120,322 $ 668,858 Balance as of Beginning of Period, Before Impact of Changes in Instrument-specific Credit Risk $ 790,616 $ 225,593 $ 1,016,209 $ 656,880 $ 150,633 $ 807,513 Issuances 15,254 (5) 15,249 (67) (26) (93) Interest 21,483 5,197 26,680 19,242 4,515 23,757 Attributed Fees Collected 51,918 44,674 96,592 51,087 42,067 93,154 Benefit Payments (3,404) (3,567) (6,971) (1,671) (609) (2,280) Effect of Changes in Interest Rates (106,708) (56,828) (163,536) 29,868 8,818 38,686 Effect of Changes in Equity Markets (12,409) (48,291) (60,700) (17,621) (53,608) (71,229) Effect of Actual Experience Different from Assumptions 8,666 (8,001) 665 (1,824) (18,835) (20,659) Balance as of End of Period Before Impact of Changes in Instrument-Specific Credit Risk 765,416 158,772 924,188 735,894 132,955 868,849 Effect of Changes in Instrument-specific Credit Risk 72,008 23,385 95,393 (35,095) (8,560) (43,655) Balance as of End of Period 837,424 182,157 1,019,581 700,799 124,395 825,194 Less: Reinsurance Recoverable as of the End of the Period — (12,097) (12,097) — (14,194) (14,194) Balance as of End of Period, Net of Reinsurance Recoverable $ 837,424 $ 170,060 $ 1,007,484 $ 700,799 $ 110,201 $ 811,000 Net Amount at Risk $ 4,451,112 $ 1,296,878 $ 5,747,990 $ 4,100,714 $ 1,201,064 $ 5,301,778 Weighted-average Attained Age of Contract holders (Years) 71 69 71 70 70 70 The following reflects the reconciliation of the market risk benefits reflected in the preceding table to the amounts reported in an asset and liability position, respectively, in the consolidated statements of financial condition as of June 30, 2024 and December 31, 2023: As of June 30, 2024 As of December 31, 2023 Asset Liability Net Asset Liability Net Fixed-indexed Annuities $ 182 $ 837,606 $ (837,424) $ — $ 868,268 $ (868,268) Variable- and Other Annuities — 182,157 (182,157) 17 252,700 (252,683) Total $ 182 $ 1,019,763 $ (1,019,581) $ 17 $ 1,120,968 $ (1,120,951)
Schedule of Separate Account, Liability	The following table presents the balances of and changes in separate account liabilities: June 30, 2024 June 30, 2023 Variable Annuities Interest-Sensitive Life Total Variable Annuities Interest-Sensitive Life Total Balance as of Beginning of Period $ 3,565,029 $ 541,971 $ 4,107,000 $ 3,627,769 $ 503,025 $ 4,130,794 Premiums and Deposits 12,750 6,487 19,237 16,371 6,977 23,348 Surrenders, Withdrawals and Benefit Payments (270,322) (11,203) (281,525) (233,703) (10,018) (243,721) Investment Performance 299,722 57,974 357,696 301,383 60,124 361,507 Other (56,624) (23,142) (79,766) (65,086) (24,405) (89,491) Balance as of End of Period $ 3,550,555 $ 572,087 $ 4,122,642 $ 3,646,734 $ 535,703 $ 4,182,437 Cash Surrender Value as of End of Period (1) $ 3,550,555 $ 572,087 $ 4,122,642 $ 3,646,734 $ 535,703 $ 4,182,437 (1) Cash surrender value attributed to the separate accounts does not reflect the impact of surrender charges; surrender charges are attributed to policyholder account balances recorded in the general account.
Schedule of Fair Value, Separate Account Investment	The following table presents the aggregate fair value of assets, by major investment asset type, supporting separate accounts: June 30, 2024 December 31, 2023 Asset Type: Managed Volatility Equity/Fixed Income Blended Fund $ 2,073,527 $ 2,131,149 Equity 1,681,781 1,596,467 Fixed Income 147,285 152,398 Money Market 219,438 226,387 Alternative 611 599 Total Assets Supporting Separate Account Liabilities $ 4,122,642 $ 4,107,000

EQUITY-BASED COMPENSATION (Tabl

EQUITY-BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]
Schedule of Share-Based Payment Arrangement, Expensed and Capitalized, Amount	The following table summarizes the expense associated with equity-based compensation in connection with KKR equity incentive awards and incentive awards under the Global Atlantic Financial Company Book Value Award Plan ("GA Book Value Plan") and the Global Atlantic Senior Management Equity Incentive Plan ("GA Equity Incentive Plan") for the three and six months ended June 30, 2024 and 2023, respectively. Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Asset Management $ 149,584 $ 108,915 $ 303,929 $ 235,205 Insurance 35,323 37,741 64,389 94,788 Total $ 184,907 $ 146,656 $ 368,318 $ 329,993
Schedule of Unvested Awards Granted Under Equity Incentive Plan	A summary of the status of unvested Service-Vesting Awards granted from January 1, 2024 through June 30, 2024 is presented below: Shares (1) Weighted Balance, January 1, 2024 23,228,671 $ 53.22 Granted 4,590,867 79.00 Vested (5,468,128) 47.58 Forfeitures (451,693) 57.73 Balance, June 30, 2024 21,899,717 $ 59.94 (1) Unvested Service-Vesting Awards include restricted stock units and restricted holdings units granted to Global Atlantic employees. A summary of the status of unvested Market Condition Awards granted from January 1, 2024 through June 30, 2024 is presented below: Shares (1) Weighted Balance, January 1, 2024 36,497,589 $ 29.59 Granted 2,278,830 58.31 Vested (171,064) 21.39 Forfeitures (307,027) 25.02 Balance, June 30, 2024 38,298,328 $ 31.37 (1) Unvested Market Condition Awards include restricted holdings units granted to Global Atlantic employees.
Schedule of Significant Assumptions Used to Estimate Grant Date Fair Value	Below is a summary of the grant date fair value based on the Monte Carlo simulation valuation model and the significant assumptions used to estimate the grant date fair value of these Market Condition Awards: Weighted Range Grant Date Fair Value $30.62 $19.87 - $79.94 Closing KKR share price as of valuation date $51.74 $37.93 - $98.62 Risk Free Rate 2.21% 0.41% - 4.41% Volatility 30.04% 28.00% - 38.00% Dividend Yield 1.27% 0.71% - 1.53% Expected Cost of Equity 10.74% 9.13% - 11.80% Below is a summary of the grant date fair value based on the Monte Carlo simulation valuation model and the significant assumptions used to estimate the grant date fair value of these Co-CEO Awards: Grant Date Fair Value $48.91 Closing KKR share price as of valuation date $75.76 Risk Free Rate 1.42 % Volatility 28.0 % Dividend Yield 0.77 % Expected Cost of Equity 9.36 %

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	6 Months Ended
	Jun. 30, 2024
Related Party Transactions [Abstract]
Schedule of Due From and to Affiliates	Due from Affiliates consists of: June 30, 2024 December 31, 2023 Amounts due from unconsolidated investment funds $ 1,377,708 $ 1,229,308 Amounts due from portfolio companies 239,039 217,544 Due from Affiliates $ 1,616,747 $ 1,446,852 Due to Affiliates consists of: June 30, 2024 December 31, 2023 Amounts due to current and former employees under the tax receivable agreement $ 381,076 $ 406,730 Amounts due to unconsolidated investment funds 63,871 131,369 Due to Affiliates $ 444,947 $ 538,099

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	6 Months Ended
	Jun. 30, 2024
Segment Reporting [Abstract]
Schedule of Information Regarding Segment Results and Reconciliations	The following tables set forth information regarding KKR's segment results: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Asset Management Management Fees (1)(2) $ 847,307 $ 748,888 $ 1,662,634 $ 1,487,044 Transaction and Monitoring Fees, Net 222,858 190,228 374,942 332,407 Fee Related Performance Revenues 37,145 28,352 56,246 50,093 Fee Related Compensation (193,779) (217,684) (366,419) (420,778) Other Operating Expenses (158,134) (147,475) (303,265) (297,879) Fee Related Earnings 755,397 602,309 1,424,138 1,150,887 Realized Performance Income 482,309 149,334 753,854 324,732 Realized Performance Income Compensation (359,470) (97,085) (553,017) (211,094) Realized Investment Income (3) 138,546 118,022 273,299 312,856 Realized Investment Income Compensation (20,782) (17,183) (40,993) (46,897) Asset Management Segment Earnings $ 996,000 $ 755,397 $ 1,857,281 $ 1,530,484 Insurance Net Investment Income (1) (3) $ 1,538,046 $ 1,283,794 $ 3,024,465 $ 2,555,049 Net Cost of Insurance (1,070,616) (811,677) (2,073,943) (1,562,289) General, Administrative and Other (214,217) (203,285) (424,469) (399,999) Pre-tax Operating Earnings 253,213 268,832 526,053 592,761 Pre-tax Operating Earnings Attributable to Noncontrolling Interests — (98,608) — (217,425) Insurance Operating Earnings $ 253,213 $ 170,224 $ 526,053 $ 375,336 Strategic Holdings Dividends, Net (2) $ 40,852 $ — $ 61,572 $ — Strategic Holdings Operating Earnings 40,852 — 61,572 — Net Realized Investment Income — — — — Strategic Holdings Segment Earnings $ 40,852 $ — $ 61,572 $ — Total Segment Earnings $ 1,290,065 $ 925,621 $ 2,444,906 $ 1,905,820 (1) Includes intersegment management fees of $127.1 million and $110.6 million between Asset Management and Insurance segments for the three months ended June 30, 2024 and 2023, respectively, and $239.5 million and $218.9 million for the six months ended June 30, 2024 and 2023, respectively. (2) Includes intersegment management fees of $8.2 million between the Asset Management and the Strategic Holdings segments for the three months ended June 30, 2024 and $15.7 million for the six months ended June 30, 2024. (3) Includes intersegment interest expense of $2.1 million and $43.4 million for the three months ended June 30, 2024 and 2023, respectively, and $5.3 million and $88.2 million for the six months ended June 30, 2024 and 2023, respectively. As of June 30, 2024 2023 Segment Assets: Asset Management $ 25,959,516 $ 25,344,995 Insurance 236,339,708 176,041,236 Strategic Holdings 7,185,608 6,187,476 Total Segment Assets $ 269,484,832 $ 207,573,707 Three Months Ended June 30, Six Months Ended June 30, Non-cash expenses excluded from Segment Earnings 2024 2023 2024 2023 Equity Based Compensation and Other Asset Management $ 149,584 $ 108,915 $ 303,929 $ 235,205 Insurance (1) 35,323 23,898 64,389 60,291 Total Non-cash expenses $ 184,907 $ 132,813 $ 368,318 $ 295,496 (1) Amounts include the portion allocable to KKR & Co. Inc. The following tables reconcile Segment Revenues, Segment Earnings, and Segment Assets to their equivalent GAAP measure: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Total GAAP Revenues $ 4,171,910 $ 3,626,518 $ 13,828,648 $ 6,754,000 Impact of Consolidation and Other 308,598 184,775 592,421 394,553 Asset Management Adjustments: Capital Allocation-Based Income (Loss) (GAAP) (738,125) (696,897) (2,001,067) (1,145,915) Realized Carried Interest - Asset Management 458,559 146,232 708,827 318,921 Realized Investment Income - Asset Management 138,546 118,022 273,299 312,856 Capstone Fees (21,563) (24,040) (40,077) (43,845) Expense Reimbursements (27,168) (16,840) (35,261) (32,384) Strategic Holdings Adjustments: Strategic Holdings Segment Management Fees 8,183 — 15,667 — Insurance Adjustments: Net Premiums (935,794) (626,429) (6,972,316) (1,100,053) Policy Fees (333,900) (315,382) (662,847) (629,184) Other Income (63,889) (39,858) (120,274) (77,016) (Gains) Losses from Investments (1) 308,517 193,770 567,000 454,277 Non-operating Changes in Policy Liabilities and Derivatives 33,189 (31,253) 52,992 (144,029) Total Segment Revenues (2) $ 3,307,063 $ 2,518,618 $ 6,207,012 $ 5,062,181 (1) Includes gains and losses on funds withheld receivables and payables embedded derivatives. (2) Total Segment Revenues is comprised of (i) Management Fees, (ii) Transaction and Monitoring Fees, Net, (iii) Fee Related Performance Revenues, (iv) Realized Performance Income, (v) Realized Investment Income, (vi) Net Investment Income and (vii) Dividends, Net. Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Income (Loss) Before Tax (GAAP) $ 1,210,205 $ 1,451,013 $ 2,573,256 $ 1,859,448 Impact of Consolidation and Other (148,924) (251,248) (338,520) (152,111) Interest Expense, Net 77,101 95,357 149,908 177,597 Asset Management Adjustments: Unrealized (Gains) Losses (76,175) (235,521) (475,253) (115,587) Unrealized Carried Interest (190,143) (435,495) (1,136,959) (638,154) Unrealized Carried Interest Compensation 153,003 195,361 910,455 279,191 Transaction-related and Non-operating Items 1,308 7,192 62,983 13,999 Equity-based compensation 66,535 45,261 140,312 104,278 Equity-based compensation - Performance based 83,050 63,654 163,618 130,927 Strategic Holdings Adjustments: Unrealized (Gains) Losses (344,709) (222,790) (417,966) (243,397) Insurance Adjustments: (1) (Gains) Losses from Investments (1)(2) 312,614 125,483 559,531 256,597 Non-operating Changes in Policy Liabilities and Derivatives (1) 106,465 57,463 180,328 163,954 Transaction-related and Non-operating Items (1) — 3,199 — 3,199 Equity-based and Other Compensation (1) 35,323 23,898 64,389 60,291 Amortization of Acquired Intangibles (1) 4,412 2,794 8,824 5,588 Total Segment Earnings $ 1,290,065 $ 925,621 $ 2,444,906 $ 1,905,820 (1) Amounts represent the portion allocable to KKR & Co. Inc. (2) Includes gains and losses on funds withheld receivables and payables embedded derivatives. As of June 30, 2024 June 30, 2023 Total GAAP Assets $ 348,469,179 $ 287,694,799 Impact of Consolidation and Reclassifications (74,995,381) (77,968,654) Carry Pool Reclassifications (3,988,966) (2,152,438) Total Segment Assets $ 269,484,832 $ 207,573,707

EQUITY (Tables)

EQUITY (Tables)	6 Months Ended
	Jun. 30, 2024
Equity [Abstract]
Schedule of Share Repurchases	The following table presents the shares of KKR & Co. Inc. common stock that have been repurchased or equity awards retired under the repurchase program: Three Months Ended June 30, For the Six Months Ended June 30, 2024 2023 2024 2023 Shares of common stock repurchased — 5,086,354 — 5,086,354 Equity awards for common stock retired 923,863 604,281 923,863 604,281
Schedule of Noncontrolling Interests	The following table presents total noncontrolling interests: Three Months Ended June 30, 2024 2023 Balance at the beginning of the period $ 34,568,564 $ 37,316,569 Net Income (Loss) Attributable to Noncontrolling Interests 295,644 266,086 Other Comprehensive Income (Loss), net of tax (3,358) (77,150) Equity-Based Compensation (Non Cash Contribution) 108,152 71,080 Change in KKR & Co. Inc.'s Ownership Interest (123,282) (113,121) Capital Contributions 1,958,078 4,935,615 Capital Distributions (2,306,395) (1,897,563) Changes in Consolidation 1,067,974 (72,062) Balance at the end of the period $ 35,565,377 $ 40,429,454 Six Months Ended June 30, 2024 2023 Beginning of Period (as previously reported for the prior period) $ 34,904,791 $ 35,778,000 Adoption of New Accounting Standard — 632,858 Balance at the beginning of the period (as revised for the prior period) 34,904,791 36,410,858 Net Income (Loss) Attributable to Noncontrolling Interests 674,602 193,083 Other Comprehensive Income (Loss), net of tax (4,838) 290,038 Compensation Modification - Issuance of Holdings III Units (See Note 19) 53,623 — Equity-Based Compensation (Non Cash Contribution) 212,059 147,676 2024 GA Acquisition - Cash consideration (See Note 1) (2,622,230) — 2024 GA Acquisition - Issuance of Holdings III Units (See Note 1) 40,789 — Change in KKR & Co. Inc.'s Ownership - 2024 GA Acquisition 2,169,300 — Change in KKR & Co. Inc.'s Ownership Interest (288,512) (113,121) Capital Contributions 3,396,280 7,404,393 Capital Distributions (4,038,461) (3,737,866) Changes in Consolidation 1,067,974 (165,607) Balance at the end of the period $ 35,565,377 $ 40,429,454

REDEEMABLE NONCONTROLLING INT_2

REDEEMABLE NONCONTROLLING INTERESTS (Tables)	6 Months Ended
	Jun. 30, 2024
Noncontrolling Interest [Abstract]
Schedule of Rollforward of Redeemable Noncontrolling Interest	The following table presents the calculation of Redeemable Noncontrolling Interests: Three Months Ended June 30, 2024 2023 Balance at the beginning of the period $ 922,093 $ 144,126 Net Income (Loss) Attributable to Redeemable Noncontrolling Interests 29,666 (1,740) Capital Contributions 341,868 69,997 Capital Distributions (2,140) (1,149) Changes in Consolidation — (27,821) Balance at the end of the period $ 1,291,487 $ 183,413 Six Months Ended June 30, 2024 2023 Balance at the beginning of the period $ 615,427 $ 152,065 Net Income (Loss) Attributable to Redeemable Noncontrolling Interests 62,344 (9,043) Capital Contributions 624,121 69,997 Capital Distributions (10,405) (1,785) Changes in Consolidation — (27,821) Balance at the end of the period $ 1,291,487 $ 183,413

ORGANIZATION (Details)

ORGANIZATION (Details) $ in Millions			6 Months Ended
	Jan. 02, 2024 USD ($)	Oct. 08, 2021 vote	Jun. 30, 2024
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Number of votes per common share (vote) | vote		1
Reorganization agreement, anniversary of death or permanent disability of co-founders		6 months
Global Atlantic
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Cash Consideration paid by KKR	$ 2,600
Issuance of securities exchangeable for shares of KKR & Co. common stock	$ 41
KKR Group Partnership
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Percentage of economic interest held by parent entity			99.20%

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)		6 Months Ended	12 Months Ended
	Jan. 02, 2024	Jun. 30, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Carry pool percentage threshold	80%
Maximum
Finite-Lived Intangible Assets [Line Items]
Carry pool percentage threshold	80%	80%
All Other Funds, Option One
Finite-Lived Intangible Assets [Line Items]
Percent allocated to carry pool			40%
All Other Funds, Option Two
Finite-Lived Intangible Assets [Line Items]
Percent allocated to carry pool			43%
All Other Funds, Option Three
Finite-Lived Intangible Assets [Line Items]
Percent allocated to carry pool			65%
All Other Funds, Option Four
Finite-Lived Intangible Assets [Line Items]
Percent allocated to carry pool		80%

REVENUES - ASSET MANAGEMENT A_3

REVENUES - ASSET MANAGEMENT AND STRATEGIC HOLDINGS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Disaggregation of Revenue [Line Items]
Total Revenues	$ 4,171,910	$ 3,626,518	$ 13,828,648	$ 6,754,000
Asset Management and Strategic Holdings
Disaggregation of Revenue [Line Items]
Fees and Other	822,324	754,447	1,515,850	1,431,463
Carried Interest	640,322	540,615	1,785,250	883,685
General Partner Capital Interest	97,803	156,282	215,817	262,230
Capital Allocation-Based Income (Loss)	738,125	696,897	2,001,067	1,145,915
Total Revenues	1,560,449	1,451,344	3,516,917	2,577,378
Management Fees | Asset Management and Strategic Holdings
Disaggregation of Revenue [Line Items]
Fees and Other	470,076	446,809	956,830	899,902
Fee Credits | Asset Management and Strategic Holdings
Disaggregation of Revenue [Line Items]
Fees and Other	(83,456)	(49,612)	(177,502)	(107,143)
Transaction Fees | Asset Management and Strategic Holdings
Disaggregation of Revenue [Line Items]
Fees and Other	316,457	269,416	535,075	479,255
Monitoring Fees | Asset Management and Strategic Holdings
Disaggregation of Revenue [Line Items]
Fees and Other	43,313	34,796	92,280	64,649
Incentive Fees | Asset Management and Strategic Holdings
Disaggregation of Revenue [Line Items]
Fees and Other	27,203	12,158	33,829	18,571
Expense Reimbursements | Asset Management and Strategic Holdings
Disaggregation of Revenue [Line Items]
Fees and Other	27,168	16,840	35,261	32,384
Consulting Fees | Asset Management and Strategic Holdings
Disaggregation of Revenue [Line Items]
Fees and Other	$ 21,563	$ 24,040	$ 40,077	$ 43,845

NET GAINS (LOSSES) FROM INVES_3

NET GAINS (LOSSES) FROM INVESTMENT ACTIVITIES - ASSET MANAGEMENT AND STRATEGIC HOLDINGS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	$ 224,055	$ (389,300)	$ 33,150	$ (289,920)
Net Unrealized Gains (Losses)	168,612	959,385	997,679	700,596
Total	392,667	570,085	1,030,829	410,676
Private Equity
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	37,556	(27,156)	24,880	171,925
Net Unrealized Gains (Losses)	98,384	507,346	446,825	470,682
Total	135,940	480,190	471,705	642,607
Credit
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	10,864	(276,849)	68,294	(299,812)
Net Unrealized Gains (Losses)	(77,138)	316,985	(158,589)	421,760
Total	(66,274)	40,136	(90,295)	121,948
Investments of Consolidated CFEs
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	(1,715)	(44,865)	3,290	(49,882)
Net Unrealized Gains (Losses)	(89,021)	251,101	7,952	568,982
Total	(90,736)	206,236	11,242	519,100
Real Assets
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	58,512	51,620	(50,886)	61,054
Net Unrealized Gains (Losses)	110,136	(183,635)	4,913	(509,544)
Total	168,648	(132,015)	(45,973)	(448,490)
Equity Method - Other
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	101,086	18,817	203,989	58,036
Net Unrealized Gains (Losses)	55,650	233,278	143,190	262,783
Total	156,736	252,095	347,179	320,819
Other Investments
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	(1,129)	(210,136)	(270,987)	(322,799)
Net Unrealized Gains (Losses)	(85,041)	188,596	260,437	188,077
Total	(86,170)	(21,540)	(10,550)	(134,722)
Foreign Exchange Forward Contracts and Options
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	22,699	61,106	57,838	2,471
Net Unrealized Gains (Losses)	67,212	(70,072)	215,415	(33,803)
Total	89,911	(8,966)	273,253	(31,332)
Securities Sold Short
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	(9,580)	2,519	(16,749)	(956)
Net Unrealized Gains (Losses)	12,784	(5,669)	10,691	(3,428)
Total	3,204	(3,150)	(6,058)	(4,384)
Other Derivatives
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	(7,584)	16,070	(7,497)	13,948
Net Unrealized Gains (Losses)	6,405	(8,419)	8,768	5,911
Total	(1,179)	7,651	1,271	19,859
Debt Obligations and Other
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	13,346	19,574	20,978	76,095
Net Unrealized Gains (Losses)	69,241	(270,126)	58,077	(670,824)
Total	$ 82,587	$ (250,552)	$ 79,055	$ (594,729)

NET INVESTMENT INCOME - INSUR_3

NET INVESTMENT INCOME - INSURANCE (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Net Investment Income [Line Items]
Gross Investment Income	$ 1,771,913	$ 1,469,046	$ 3,490,703	$ 2,920,631
Net Investment Income	1,580,498	1,311,055	3,100,400	2,611,752
Investment Management and Administration
Net Investment Income [Line Items]
Investment expenses	115,233	80,137	232,322	165,478
Transportation, Renewable Energy and Real-estate Asset Depreciation and Maintenance
Net Investment Income [Line Items]
Investment expenses	49,768	57,226	99,919	106,388
Interest Expense on Derivative Collateral and Repurchase Agreements
Net Investment Income [Line Items]
Investment expenses	26,414	20,628	58,062	37,013
Fixed Maturity Securities – Interest and Other Income
Net Investment Income [Line Items]
Gross investment income and gain (loss) on equity method investments	1,417,627	1,086,016	2,744,637	2,136,812
Mortgage and Other Loan Receivables
Net Investment Income [Line Items]
Gross investment income and gain (loss) on equity method investments	629,555	472,074	1,189,237	931,220
Investments in Transportation and Other Leased Assets
Net Investment Income [Line Items]
Gross investment income and gain (loss) on equity method investments	84,046	78,727	162,506	154,915
Investments in Renewable Energy
Net Investment Income [Line Items]
Gross investment income and gain (loss) on equity method investments	11,811	17,346	25,402	37,929
Investments in Real Estate
Net Investment Income [Line Items]
Gross investment income and gain (loss) on equity method investments	52,259	43,360	98,238	79,461
Short-term and Other Investment Income
Net Investment Income [Line Items]
Gross investment income and gain (loss) on equity method investments	124,920	54,678	292,251	132,294
Income Assumed from Funds Withheld Receivable at Interest
Net Investment Income [Line Items]
Gross investment income and gain (loss) on equity method investments	18,483	25,681	40,716	47,782
Policy Loans
Net Investment Income [Line Items]
Gross investment income and gain (loss) on equity method investments	19,577	8,424	44,080	18,701
Income Ceded to Funds Withheld Payable at Interest
Net Investment Income [Line Items]
Gross investment income and gain (loss) on equity method investments	$ (586,365)	$ (317,260)	$ (1,106,364)	$ (618,483)

NET INVESTMENT-RELATED GAINS _3

NET INVESTMENT-RELATED GAINS (LOSSES) - INSURANCE - Net Investment Gains (Losses) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Net Investment Income [Line Items]
Credit Loss Allowances on Mortgage and Other Loan Receivables	$ (44,554)	$ (30,580)	$ (171,456)	$ (94,691)
Insurance
Net Investment Income [Line Items]
Realized Losses on Available-for-sale Fixed Maturity Debt Securities	(74,466)	(55,471)	(102,623)	(52,039)
Credit Loss Allowances on Available-for-sale Securities	(20,627)	(30,622)	8,740	(106,940)
Credit Loss Allowances on Mortgage and Other Loan Receivables	(44,554)	(30,580)	(171,456)	(94,691)
Allowances on Unfunded Commitments	31,839	39,594	27,261	31,594
Impairment of Available-for-sale Fixed Maturity Debt Securities Due to Intent to Sell				(26,741)
Unrealized (Losses) Gains on Fixed Maturity Securities Classified as Trading	(485,257)	(66,627)	(584,836)	309,663
Unrealized Losses on Investments Recognized under the Fair-value Option and Equity Investments	(34,961)	(3,440)	(77,168)	(59,213)
Unrealized (Losses) Gains on Real Estate Investments Recognized at Fair Value Under Investment Company Accounting	(28,766)	(43,371)	(106,777)	19,821
Net Gains (Losses) on Derivative Instruments	324,818	78,244	425,786	(269,981)
Other Realized (Losses) Gains	4,098	3,111	(10,290)	(6,181)
Net Investment-Related Losses	(302,620)	(117,550)	(544,106)	(241,383)
Insurance | Payable Portfolio Segment
Net Investment Income [Line Items]
Realized gains (losses) on funds withheld at interest, payable/receivable portfolio	46,018	3,632	70,305	7,612
Insurance | Receivable Portfolio Segment
Net Investment Income [Line Items]
Realized gains (losses) on funds withheld at interest, payable/receivable portfolio	$ (20,762)	$ (12,020)	$ (23,048)	$ 5,713

NET INVESTMENT-RELATED GAINS _4

NET INVESTMENT-RELATED GAINS (LOSSES) - INSURANCE - Allowance for Credit Losses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]
Balance, as of Beginning of Period	$ 209,960	$ 201,114	$ 268,712	$ 128,332
Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance	14,032	22,394	23,603	67,745
Accretion of Initial Credit Loss Allowance on PCD Securities	152	336	315	687
Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance	(3,148)	(2,774)	(9,067)	(6,661)
Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance	6,595	8,228	(32,343)	39,195
Balances Charged Off	(12,377)		(36,006)
Balance, as of End of Period	215,214	229,298	215,214	229,298
Corporate
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]
Balance, as of Beginning of Period	28,919	1,449	49,008	1,298
Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance	13,649	20,586	22,343	20,737
Accretion of Initial Credit Loss Allowance on PCD Securities	0	0	0	0
Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance	(180)	0	(240)	0
Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance	22,222	916	17,128	916
Balances Charged Off	0		(23,629)
Balance, as of End of Period	64,610	22,951	64,610	22,951
Structured
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]
Balance, as of Beginning of Period	181,041	199,665	219,704	127,034
Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance	383	1,808	1,260	47,008
Accretion of Initial Credit Loss Allowance on PCD Securities	152	336	315	687
Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance	(2,968)	(2,774)	(8,827)	(6,661)
Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance	(15,627)	7,312	(49,471)	38,279
Balances Charged Off	(12,377)		(12,377)
Balance, as of End of Period	$ 150,604	$ 206,347	$ 150,604	$ 206,347

NET INVESTMENT-RELATED GAINS _5

NET INVESTMENT-RELATED GAINS (LOSSES) - INSURANCE - Allowance for Credit Losses, Receivables (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, as of Beginning of Period	$ 675,996	$ 589,100	$ 602,443	$ 560,228	$ 560,228
Net Provision (Release)	44,554	30,580	171,456	94,691
Charge-offs	(125,493)	(50,305)	(183,950)	(87,370)
Recoveries of Amounts Previously Charged-off	6,199	8,674	11,307	10,500
Balance, as of End of Period	601,256	578,049	601,256	578,049	602,443
Commercial Mortgage Loans
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, as of Beginning of Period	360,408	247,426	319,631	227,315	227,315
Net Provision (Release)	30,184	6,440	87,340	26,551
Charge-offs	(82,225)	(14,000)	(98,604)	(14,000)	(21,616)
Recoveries of Amounts Previously Charged-off	0	0	0	0
Balance, as of End of Period	308,367	239,866	308,367	239,866	319,631
Residential Mortgage Loans
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, as of Beginning of Period	101,424	134,447	107,204	125,824	125,824
Net Provision (Release)	(9,047)	7,218	(14,188)	17,534
Charge-offs	(2,143)	(1,729)	(2,782)	(3,422)	(8,176)
Recoveries of Amounts Previously Charged-off	0	0	0	0
Balance, as of End of Period	90,234	139,936	90,234	139,936	107,204
Consumer and Other Loan Receivables
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, as of Beginning of Period	214,164	207,227	175,608	207,089	207,089
Net Provision (Release)	23,417	16,922	98,304	50,606
Charge-offs	(41,125)	(34,576)	(82,564)	(69,948)
Recoveries of Amounts Previously Charged-off	6,199	8,674	11,307	10,500
Balance, as of End of Period	$ 202,655	$ 198,247	$ 202,655	$ 198,247	$ 175,608

NET INVESTMENT-RELATED GAINS _6

NET INVESTMENT-RELATED GAINS (LOSSES) - INSURANCE - Sales (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
AFS Fixed Maturity Securities:
Proceeds from Voluntary Sales	$ 6,960,180	$ 1,728,403	$ 8,959,469	$ 3,135,328
Gross Gains	35,365	15,101	43,724	30,565
Gross Losses	$ (102,469)	$ (70,812)	$ (119,013)	$ (80,856)

INVESTMENTS - Summary of Invest

INVESTMENTS - Summary of Investments (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Schedule of Investments [Line Items]
Total Investments	$ 265,549,248		$ 240,005,124
Amortized cost of available for sale securities	83,796,440		78,723,857
Allowance for credit losses on available for sale securities	215,214	$ 209,960	268,712	$ 229,298	$ 201,114	$ 128,332
Asset Management and Strategic Holdings
Schedule of Investments [Line Items]
Total Investments	102,046,987		98,634,801
Insurance
Schedule of Investments [Line Items]
Total Investments	163,502,261		141,370,323
Amortized cost of available for sale securities	83,800,000		78,700,000
Allowance for credit losses on available for sale securities	215,200		268,700
Amortized cost, trading securities	27,100,000		20,500,000
Private Equity | Asset Management and Strategic Holdings
Schedule of Investments [Line Items]
Total Investments	33,772,195		32,742,484
Credit | Asset Management and Strategic Holdings
Schedule of Investments [Line Items]
Total Investments	7,925,996		8,274,904
Investments of Consolidated CFEs | Asset Management and Strategic Holdings
Schedule of Investments [Line Items]
Total Investments	24,890,663		24,996,298
Real Assets | Asset Management and Strategic Holdings
Schedule of Investments [Line Items]
Total Investments	13,245,951		12,000,008
Equity Method - Other | Asset Management and Strategic Holdings
Schedule of Investments [Line Items]
Total Investments	8,249,013		8,163,831
Equity Method - Capital Allocation-Based Income | Asset Management and Strategic Holdings
Schedule of Investments [Line Items]
Total Investments	9,241,215		7,877,904
Other Investments | Asset Management and Strategic Holdings
Schedule of Investments [Line Items]
Total Investments	4,721,953		4,579,372
Other Investments | Insurance
Schedule of Investments [Line Items]
Total Investments	13,755,206		9,683,326
Fixed Maturity Securities, Available-for-sale, at Fair Value | Insurance
Schedule of Investments [Line Items]
Total Investments	73,822,837		69,414,188
Mortgage and Other loan Receivables | Insurance
Schedule of Investments [Line Items]
Total Investments	46,820,112		39,177,927
Fixed Maturity Securities, Trading, at Fair Value | Insurance
Schedule of Investments [Line Items]
Total Investments	24,851,300		18,805,470
Funds Withheld Receivable at Interest | Insurance
Schedule of Investments [Line Items]
Total Investments	2,621,913		2,713,645
Policy Loans | Insurance
Schedule of Investments [Line Items]
Total Investments	1,609,396		1,556,030
Equity Securities at Fair Value | Insurance
Schedule of Investments [Line Items]
Total Investments	$ 21,497		$ 19,737

INVESTMENTS - Narrative (Detail

INVESTMENTS - Narrative (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($) security	Jun. 30, 2023	Dec. 31, 2023 USD ($) security
Schedule of Investments [Line Items]
Gross unrealized losses on AFS fixed maturity securities	$ 9,943,743		$ 9,407,982
Securities in unrealized loss position | security	4,808
Repurchase agreements, notional value	$ 565,000		1,400,000
Insurance
Schedule of Investments [Line Items]
Equity method investment	1,500,000		143,300
Equity method investment, maximum exposure to loss	194,800		19,700
Other investments	13,755,206		9,683,326
Investment in FHLB
Schedule of Investments [Line Items]
Other investments	129,100		131,700
State And Governmental Authorities
Schedule of Investments [Line Items]
Other investments	142,400		148,500
Asset Pledged as Collateral
Schedule of Investments [Line Items]
Other investments	3,900,000		3,600,000
Collateral Pledged
Schedule of Investments [Line Items]
Equity method investment	710,300
Investment, Fair Value Option | Insurance
Schedule of Investments [Line Items]
Other investments	474,500		175,300
Residential And Commercial Portfolio Segment
Schedule of Investments [Line Items]
Mortgage loans 90 days past due or in process of foreclosure	$ 392,100		$ 510,900
Residential
Schedule of Investments [Line Items]
Weighted average loan-to-value ratio	63%		63%
Commercial
Schedule of Investments [Line Items]
Commitment to lend additional funds	$ 9,300
Commercial | Extended Maturity And Interest Rate Reduction
Schedule of Investments [Line Items]
Financing receivable, modification in period, stated interest rate	4.70%	4%
Commercial | Maturity Extension
Schedule of Investments [Line Items]
Financing receivable, modification in period, maturity extension, weighted average term	3 years 8 months 12 days	2 years 6 months
Global Atlantic
Schedule of Investments [Line Items]
Securities in unrealized loss position | security	6,386		5,886
Below Investment Grade
Schedule of Investments [Line Items]
Gross unrealized losses on AFS fixed maturity securities	$ 667,800		$ 694,600
Gross unrealized losses on AFS fixed maturity securities, single largest loss	$ 53,800		$ 53,400
Investments | Investment Concentration Risk
Schedule of Investments [Line Items]
Threshold percentage of total investments (greater than)	5%		5%

INVESTMENTS - AFS Fixed Maturit

INVESTMENTS - AFS Fixed Maturity Securities (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023	Mar. 31, 2024	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	$ 83,796,440	$ 78,723,857
Allowance for Credit Losses	(215,214)	(268,712)	$ (209,960)	$ (229,298)	$ (201,114)	$ (128,332)
Gross Unrealized Gains	185,354	367,025
Gross Unrealized Losses	(9,943,743)	(9,407,982)
Fair Value	73,822,837	69,414,188
Allowance for credit losses at acquisition	(6,500)	(12,800)
U.S. Government and Agencies
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	2,692,499	1,209,507
Allowance for Credit Losses	0	0
Gross Unrealized Gains	3,946	62,514
Gross Unrealized Losses	(103,068)	(68,929)
Fair Value	2,593,377	1,203,092
U.S. State, Municipal and Political Subdivisions
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	5,148,330	5,562,826
Allowance for Credit Losses	0	0
Gross Unrealized Gains	11,136	29,699
Gross Unrealized Losses	(1,023,745)	(985,133)
Fair Value	4,135,721	4,607,392
Corporate
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	46,812,242	46,378,337
Allowance for Credit Losses	(64,610)	(49,008)	$ (28,919)	$ (22,951)	$ (1,449)	$ (1,298)
Gross Unrealized Gains	95,151	211,570
Gross Unrealized Losses	(7,225,518)	(6,592,143)
Fair Value	39,617,265	39,948,756
Residential Mortgage-backed Securities, or “RMBS”
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	11,528,424	8,734,629
Allowance for Credit Losses	(107,667)	(152,067)
Gross Unrealized Gains	35,851	38,206
Gross Unrealized Losses	(744,752)	(674,550)
Fair Value	10,711,856	7,946,218
Commercial Mortgage-backed Securities, or “CMBS”
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	8,148,249	7,491,743
Allowance for Credit Losses	(22,643)	(35,953)
Gross Unrealized Gains	7,542	4,195
Gross Unrealized Losses	(543,926)	(731,358)
Fair Value	7,589,222	6,728,627
Collateralized Bond Obligations, or “CBOs”
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	2,804,013	2,951,511
Allowance for Credit Losses	(1,366)	(1,214)
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(135,757)	(143,818)
Fair Value	2,666,890	2,806,479
CLOs
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	3,723,617	3,493,731
Allowance for Credit Losses	(9,175)	(19,077)
Gross Unrealized Gains	13,506	6,483
Gross Unrealized Losses	(37,703)	(52,365)
Fair Value	3,690,245	3,428,772
Asset-Backed Securities, or “ABSs”
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	2,939,066	2,901,573
Allowance for Credit Losses	(9,753)	(11,393)
Gross Unrealized Gains	18,222	14,358
Gross Unrealized Losses	(129,274)	(159,686)
Fair Value	$ 2,818,261	$ 2,744,852

INVESTMENTS - Maturity Distribu

INVESTMENTS - Maturity Distribution for AFS Fixed Maturity Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Cost or Amortized Cost (Net of Allowance)
Due in One Year or Less	$ 1,329,075
Due After One Year Through Five Years	13,855,349
Due After Five Years Through Ten Years	7,331,464
Due After Ten Years	32,072,573
Subtotal	54,588,461
Cost or Amortized Cost (Net of Allowance)	83,581,226
Fair Value
Due in One Year or Less	1,305,155
Due After One Year Through Five Years	13,413,774
Due After Five Years Through Ten Years	6,820,971
Due After Ten Years	24,806,463
Subtotal	46,346,363
Fair Value	73,822,837	$ 69,414,188
Residential Mortgage-backed Securities, or “RMBS”
Cost or Amortized Cost (Net of Allowance)
Without single maturity date	11,420,757
Fair Value
Without single maturity date	10,711,856
Fair Value	10,711,856	7,946,218
Commercial Mortgage-backed Securities, or “CMBS”
Cost or Amortized Cost (Net of Allowance)
Without single maturity date	8,125,606
Fair Value
Without single maturity date	7,589,222
Fair Value	7,589,222	6,728,627
Collateralized Bond Obligations, or “CBOs”
Cost or Amortized Cost (Net of Allowance)
Without single maturity date	2,802,647
Fair Value
Without single maturity date	2,666,890
Fair Value	2,666,890	2,806,479
CLOs
Cost or Amortized Cost (Net of Allowance)
Without single maturity date	3,714,442
Fair Value
Without single maturity date	3,690,245
Fair Value	3,690,245	3,428,772
Asset-Backed Securities, or “ABSs”
Cost or Amortized Cost (Net of Allowance)
Without single maturity date	2,929,313
Fair Value
Without single maturity date	2,818,261
Fair Value	$ 2,818,261	$ 2,744,852

INVESTMENTS - AFS in Continuous

INVESTMENTS - AFS in Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Fair Value
Less Than 12 months	$ 14,462,885	$ 7,072,867
12 months or More	42,995,750	47,749,955
Total	57,458,635	54,822,822
Unrealized Losses
Less Than 12 months	(374,466)	(283,509)
12 months or More	(9,569,277)	(9,124,473)
Total	(9,943,743)	(9,407,982)
U.S. Government and Agencies
Fair Value
Less Than 12 months	1,952,172	94,807
12 months or More	253,096	198,750
Total	2,205,268	293,557
Unrealized Losses
Less Than 12 months	(26,359)	(2,512)
12 months or More	(76,709)	(66,417)
Total	(103,068)	(68,929)
U.S. State, Municipal and Political Subdivisions
Fair Value
Less Than 12 months	232,819	112,468
12 months or More	3,568,898	3,829,447
Total	3,801,717	3,941,915
Unrealized Losses
Less Than 12 months	(2,375)	(4,140)
12 months or More	(1,021,370)	(980,993)
Total	(1,023,745)	(985,133)
Corporate
Fair Value
Less Than 12 months	6,962,052	4,360,234
12 months or More	24,557,419	27,108,292
Total	31,519,471	31,468,526
Unrealized Losses
Less Than 12 months	(235,497)	(189,026)
12 months or More	(6,990,021)	(6,403,117)
Total	(7,225,518)	(6,592,143)
Residential Mortgage-backed Securities, or “RMBS”
Fair Value
Less Than 12 months	3,393,010	1,371,230
12 months or More	4,363,414	4,354,902
Total	7,756,424	5,726,132
Unrealized Losses
Less Than 12 months	(96,345)	(66,550)
12 months or More	(648,407)	(608,000)
Total	(744,752)	(674,550)
Commercial Mortgage-backed Securities, or “CMBS”
Fair Value
Less Than 12 months	880,997	332,095
12 months or More	5,440,403	6,031,766
Total	6,321,400	6,363,861
Unrealized Losses
Less Than 12 months	(5,984)	(4,535)
12 months or More	(537,942)	(726,823)
Total	(543,926)	(731,358)
Collateralized Bond Obligations, or “CBOs”
Fair Value
Less Than 12 months	2,969	1,867
12 months or More	2,663,922	2,804,612
Total	2,666,891	2,806,479
Unrealized Losses
Less Than 12 months	(167)	(118)
12 months or More	(135,590)	(143,700)
Total	(135,757)	(143,818)
CLOs
Fair Value
Less Than 12 months	595,198	246,728
12 months or More	432,627	1,679,813
Total	1,027,825	1,926,541
Unrealized Losses
Less Than 12 months	(1,264)	(868)
12 months or More	(36,439)	(51,497)
Total	(37,703)	(52,365)
Asset-Backed Securities, or “ABSs”
Fair Value
Less Than 12 months	443,668	553,438
12 months or More	1,715,971	1,742,373
Total	2,159,639	2,295,811
Unrealized Losses
Less Than 12 months	(6,475)	(15,760)
12 months or More	(122,799)	(143,926)
Total	$ (129,274)	$ (159,686)

INVESTMENTS - Mortgage and Othe

INVESTMENTS - Mortgage and Other Loans Receivable (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Mortgage and Other Loan Receivables	$ 47,421,368		$ 39,780,370
Allowance for Credit Losses	(601,256)	$ (675,996)	(602,443)	$ (578,049)	$ (589,100)	$ (560,228)
Total Mortgage and Other Loan Receivables, Net of Allowance for Credit Losses	46,820,112		39,177,927
Purchase-Credit Deteriorated Mortgage and Other Loan Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for Credit Losses	(74,200)		(91,700)
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Mortgage and Other Loan Receivables	23,388,168		21,861,245
Allowance for Credit Losses	(308,367)	(360,408)	(319,631)	(239,866)	(247,426)	(227,315)
Commercial | Commercial mortgage loan, fair value option
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Mortgage and Other Loan Receivables	603,200		697,400
Total Mortgage and Other Loan Receivables, Net of Allowance for Credit Losses	683,700		785,200
Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Mortgage and Other Loan Receivables	18,048,717		12,722,778
Allowance for Credit Losses	(90,234)	$ (101,424)	(107,204)	$ (139,936)	$ (134,447)	$ (125,824)
Consumer Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Mortgage and Other Loan Receivables	4,548,750		4,424,882
Other loan receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Mortgage and Other Loan Receivables	1,435,733		771,465
Other loan receivables | Renewable Energy Development Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Mortgage and Other Loan Receivables	454,700
Other loan receivables | Agricultural Mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Mortgage and Other Loan Receivables	427,000
Other loan receivables | Aircraft
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Mortgage and Other Loan Receivables	347,500		315,400
Other loan receivables | Residential Mortgage Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Mortgage and Other Loan Receivables	$ 200,000		$ 200,000

INVESTMENTS - Maturity of Resid

INVESTMENTS - Maturity of Residential and Commercial Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 47,421,368	$ 39,780,370
Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Remainder of 2024	1,435,542
2025	4,186,315
2026	7,237,725
2027	5,483,573
2028	1,762,504
2029	1,070,687
Thereafter	20,260,539
Total	41,436,885	34,584,023
Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Remainder of 2024	38,199
2025	13,554
2026	718,315
2027	705,246
2028	132,725
2029	12,568
Thereafter	16,428,110
Total	18,048,717	12,722,778
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Remainder of 2024	1,397,343
2025	4,172,761
2026	6,519,410
2027	4,778,327
2028	1,629,779
2029	1,058,119
Thereafter	3,832,429
Total	$ 23,388,168	$ 21,861,245

INVESTMENTS - Mortgage Loan Por

INVESTMENTS - Mortgage Loan Portfolio (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 47,421,368	$ 39,780,370
Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 41,436,885	$ 34,584,023
Financing receivable, before allowance for credit loss, to total, percent	100%	100%
Residential | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 18,048,717	$ 12,722,778
Financing receivable, before allowance for credit loss, to total, percent	43.60%	36.80%
Office Building | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 4,395,821	$ 4,586,277
Financing receivable, before allowance for credit loss, to total, percent	10.60%	13.30%
Multi-family | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 11,681,149	$ 11,495,638
Financing receivable, before allowance for credit loss, to total, percent	28.20%	33.20%
Industrial | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 5,667,852	$ 4,415,819
Financing receivable, before allowance for credit loss, to total, percent	13.70%	12.80%
Retail | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 487,948	$ 493,596
Financing receivable, before allowance for credit loss, to total, percent	1.20%	1.40%
Warehouse | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 341,488	$ 291,116
Financing receivable, before allowance for credit loss, to total, percent	0.80%	0.80%
Other Property Types | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 813,910	$ 578,799
Financing receivable, before allowance for credit loss, to total, percent	1.90%	1.70%
Pacific | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 10,404,460	$ 8,649,256
Financing receivable, before allowance for credit loss, to total, percent	25.10%	25%
West South Central | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 4,905,114	$ 4,202,501
Financing receivable, before allowance for credit loss, to total, percent	11.80%	12.20%
South Atlantic | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 11,436,329	$ 9,653,955
Financing receivable, before allowance for credit loss, to total, percent	27.60%	27.90%
Middle Atlantic | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 5,124,146	$ 4,436,129
Financing receivable, before allowance for credit loss, to total, percent	12.40%	12.80%
East North Central | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 1,387,501	$ 1,166,460
Financing receivable, before allowance for credit loss, to total, percent	3.30%	3.40%
Mountain | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 3,887,484	$ 3,262,801
Financing receivable, before allowance for credit loss, to total, percent	9.40%	9.40%
New England | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 1,596,074	$ 1,470,741
Financing receivable, before allowance for credit loss, to total, percent	3.90%	4.30%
East South Central | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 882,066	$ 731,053
Financing receivable, before allowance for credit loss, to total, percent	2.10%	2.10%
West North Central | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 434,126	$ 358,609
Financing receivable, before allowance for credit loss, to total, percent	1%	1%
Other regions | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 1,379,585	$ 652,518
Financing receivable, before allowance for credit loss, to total, percent	3.40%	1.90%

INVESTMENTS - Receivables By Cr

INVESTMENTS - Receivables By Credit Quality Indicator (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Gross Charge-offs
Total	$ (125,493)	$ (50,305)	$ (183,950)	$ (87,370)
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Total	47,421,368		47,421,368		$ 39,780,370
Residential, Commercial, And Consumer Portfolio Segment
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one, current fiscal year	6,006,561		6,006,561		6,564,559
Year two, fiscal year before current fiscal year	8,446,114		8,446,114		8,817,810
Year three, two years before current fiscal year	8,940,165		8,940,165		13,237,124
Year four, three years before current fiscal year	12,726,102		12,726,102		2,750,871
Year five, four years before current fiscal year	2,613,567		2,613,567		2,255,351
Prior	7,253,126		7,253,126		5,383,190
Total	45,985,635		45,985,635		39,008,905
Commercial
Gross Charge-offs
Year one, current-period gross charge-offs			0		0
Year two, current-period gross charge-offs			0		0
Year three, current-period gross charge-offs			0		0
Year four, current-period gross charge-offs			(43,298)		0
Year five, current-period gross charge-offs			(10,695)		(14,000)
Prior			(44,611)		(7,616)
Total	(82,225)	(14,000)	(98,604)	(14,000)	(21,616)
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one, current fiscal year	1,853,348		1,853,348		3,600,652
Year two, fiscal year before current fiscal year	3,539,657		3,539,657		6,278,419
Year three, two years before current fiscal year	6,408,684		6,408,684		6,815,362
Year four, three years before current fiscal year	6,735,013		6,735,013		661,316
Year five, four years before current fiscal year	622,724		622,724		1,395,717
Prior	4,228,742		4,228,742		3,109,779
Total	23,388,168		23,388,168		21,861,245
Residential
Gross Charge-offs
Year one, current-period gross charge-offs			(6)		(6)
Year two, current-period gross charge-offs			(7)		(1,228)
Year three, current-period gross charge-offs			(530)		(2,244)
Year four, current-period gross charge-offs			(1,403)		(913)
Year five, current-period gross charge-offs			(418)		(1,412)
Prior			(418)		(2,373)
Total	(2,143)	$ (1,729)	(2,782)	$ (3,422)	(8,176)
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one, current fiscal year	4,037,016		4,037,016		2,849,017
Year two, fiscal year before current fiscal year	4,420,452		4,420,452		2,031,510
Year three, two years before current fiscal year	2,013,649		2,013,649		4,638,183
Year four, three years before current fiscal year	4,388,261		4,388,261		1,375,239
Year five, four years before current fiscal year	1,350,400		1,350,400		237,681
Prior	1,838,939		1,838,939		1,591,148
Total	18,048,717		18,048,717		12,722,778
Consumer Loans
Gross Charge-offs
Year one, current-period gross charge-offs			(62)		(185)
Year two, current-period gross charge-offs			(2,040)		(18,117)
Year three, current-period gross charge-offs			(12,021)		(83,147)
Year four, current-period gross charge-offs			(41,055)		(23,273)
Year five, current-period gross charge-offs			(11,436)		(15,740)
Prior			(15,823)		(19,783)
Total			(82,437)		(160,245)
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one, current fiscal year	116,197		116,197		114,890
Year two, fiscal year before current fiscal year	486,005		486,005		507,881
Year three, two years before current fiscal year	517,832		517,832		1,783,579
Year four, three years before current fiscal year	1,602,828		1,602,828		714,316
Year five, four years before current fiscal year	640,443		640,443		621,953
Prior	1,185,445		1,185,445		682,263
Total	4,548,750		4,548,750		4,424,882
Current | Commercial
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one, current fiscal year	1,853,348		1,853,348		3,600,652
Year two, fiscal year before current fiscal year	3,539,657		3,539,657		6,278,419
Year three, two years before current fiscal year	6,408,684		6,408,684		6,633,293
Year four, three years before current fiscal year	6,596,440		6,596,440		624,457
Year five, four years before current fiscal year	622,724		622,724		1,395,717
Prior	4,183,327		4,183,327		2,969,381
Total	23,204,180		23,204,180		21,501,919
Current | Residential
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one, current fiscal year	3,950,152		3,950,152		2,794,600
Year two, fiscal year before current fiscal year	4,353,437		4,353,437		1,981,373
Year three, two years before current fiscal year	1,958,298		1,958,298		4,518,357
Year four, three years before current fiscal year	4,290,436		4,290,436		1,358,200
Year five, four years before current fiscal year	1,336,736		1,336,736		221,566
Prior	1,613,202		1,613,202		1,365,231
Total	17,502,261		17,502,261		12,239,327
Current | Consumer Loans
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one, current fiscal year	115,898		115,898		109,393
Year two, fiscal year before current fiscal year	481,349		481,349		497,113
Year three, two years before current fiscal year	508,131		508,131		1,726,280
Year four, three years before current fiscal year	1,556,029		1,556,029		701,655
Year five, four years before current fiscal year	632,189		632,189		610,988
Prior	1,155,580		1,155,580		656,270
Total	4,449,176		4,449,176		4,301,699
30 to 59 Days Past Due | Commercial
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one, current fiscal year	0		0		0
Year two, fiscal year before current fiscal year	0		0		0
Year three, two years before current fiscal year	0		0		0
Year four, three years before current fiscal year	0		0		0
Year five, four years before current fiscal year	0		0		0
Prior	0		0		0
Total	0		0		0
30 to 59 Days Past Due | Residential
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one, current fiscal year	85,723		85,723		43,432
Year two, fiscal year before current fiscal year	43,443		43,443		22,291
Year three, two years before current fiscal year	26,092		26,092		37,082
Year four, three years before current fiscal year	27,062		27,062		3,554
Year five, four years before current fiscal year	4,694		4,694		5,461
Prior	81,575		81,575		84,079
Total	268,589		268,589		195,899
30 to 59 Days Past Due | Consumer Loans
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one, current fiscal year	140		140		1,707
Year two, fiscal year before current fiscal year	1,953		1,953		4,229
Year three, two years before current fiscal year	3,973		3,973		28,966
Year four, three years before current fiscal year	25,195		25,195		5,082
Year five, four years before current fiscal year	3,344		3,344		4,497
Prior	14,789		14,789		12,686
Total	49,394		49,394		57,167
60 to 89 Days Past Due | Commercial
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one, current fiscal year	0		0		0
Year two, fiscal year before current fiscal year	0		0		0
Year three, two years before current fiscal year	0		0		0
Year four, three years before current fiscal year	0		0		0
Year five, four years before current fiscal year	0		0		0
Prior	0		0		79,635
Total	0		0		79,635
60 to 89 Days Past Due | Residential
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one, current fiscal year	1,141		1,141		8,467
Year two, fiscal year before current fiscal year	11,112		11,112		8,520
Year three, two years before current fiscal year	7,786		7,786		9,991
Year four, three years before current fiscal year	19,770		19,770		1,437
Year five, four years before current fiscal year	1,203		1,203		1,389
Prior	28,739		28,739		26,565
Total	69,751		69,751		56,369
60 to 89 Days Past Due | Consumer Loans
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one, current fiscal year	124		124		1,193
Year two, fiscal year before current fiscal year	1,223		1,223		2,548
Year three, two years before current fiscal year	2,045		2,045		14,872
Year four, three years before current fiscal year	10,695		10,695		3,298
Year five, four years before current fiscal year	2,194		2,194		2,561
Prior	6,254		6,254		6,756
Total	22,535		22,535		31,228
90 days or More Past Due or in Process of Foreclosure | Commercial
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one, current fiscal year	0		0		0
Year two, fiscal year before current fiscal year	0		0		0
Year three, two years before current fiscal year	0		0		182,069
Year four, three years before current fiscal year	138,573		138,573		36,859
Year five, four years before current fiscal year	0		0		0
Prior	45,415		45,415		60,763
Total	183,988		183,988		279,691
90 days or More Past Due or in Process of Foreclosure | Residential
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one, current fiscal year	0		0		2,518
Year two, fiscal year before current fiscal year	12,460		12,460		19,326
Year three, two years before current fiscal year	21,473		21,473		72,753
Year four, three years before current fiscal year	50,993		50,993		12,048
Year five, four years before current fiscal year	7,767		7,767		9,265
Prior	115,423		115,423		115,273
Total	208,116		208,116		231,183
90 days or More Past Due or in Process of Foreclosure | Consumer Loans
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one, current fiscal year	35		35		2,597
Year two, fiscal year before current fiscal year	1,480		1,480		3,991
Year three, two years before current fiscal year	3,683		3,683		13,461
Year four, three years before current fiscal year	10,909		10,909		4,281
Year five, four years before current fiscal year	2,716		2,716		3,907
Prior	8,822		8,822		6,551
Total	$ 27,645		$ 27,645		$ 34,788

INVESTMENTS - Loan-To-Value (De

INVESTMENTS - Loan-To-Value (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 47,421,368	$ 39,780,370
Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, current fiscal year	1,853,348	3,600,652
Year two, fiscal year before current fiscal year	3,539,657	6,278,419
Year three, two years before current fiscal year	6,408,684	6,815,362
Year four, three years before current fiscal year	6,735,013	661,316
Year five, four years before current fiscal year	622,724	1,395,717
Year six, five years before current fiscal year	1,342,672	1,049,249
Prior	2,886,070	2,060,530
Total	23,388,168	21,861,245
Carrying Value Loan-to-value 70% and Less | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, current fiscal year	1,853,348	3,600,652
Year two, fiscal year before current fiscal year	3,539,657	5,912,623
Year three, two years before current fiscal year	6,042,790	5,110,011
Year four, three years before current fiscal year	4,864,697	496,085
Year five, four years before current fiscal year	495,159	1,257,983
Year six, five years before current fiscal year	1,249,252	881,620
Prior	2,730,291	1,991,780
Total	20,775,194	19,250,754
Carrying Value Loan-to-value 71% - 90% | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, current fiscal year	0	0
Year two, fiscal year before current fiscal year	0	365,796
Year three, two years before current fiscal year	365,894	1,483,763
Year four, three years before current fiscal year	1,552,069	93,210
Year five, four years before current fiscal year	92,375	93,661
Year six, five years before current fiscal year	54,831	52,640
Prior	53,666	0
Total	2,118,835	2,089,070
Carrying Value Loan-to-value Over 90% | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, current fiscal year	0	0
Year two, fiscal year before current fiscal year	0	0
Year three, two years before current fiscal year	0	221,588
Year four, three years before current fiscal year	318,247	72,021
Year five, four years before current fiscal year	35,190	44,073
Year six, five years before current fiscal year	38,589	114,989
Prior	102,113	68,750
Total	$ 494,139	$ 521,421

INVESTMENTS - Loan Modification

INVESTMENTS - Loan Modifications (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	$ 279,565	$ 291,695	$ 626,767
Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			603,022
30 to 59 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			12,113
60 to 89 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			4,272
90 days or More Past Due or in Process of Foreclosure
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			7,360
Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	$ 221,089	$ 198,371	531,915
Percentage of Total Carrying Value Outstanding	0.95%	1.01%
Commercial | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			531,915
Commercial | 30 to 59 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			0
Commercial | 60 to 89 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			0
Commercial | 90 days or More Past Due or in Process of Foreclosure
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			0
Residential
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	$ 11,666	$ 34,076	17,746
Percentage of Total Carrying Value Outstanding	0.06%	0.30%
Residential | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			11,149
Residential | 30 to 59 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			1,935
Residential | 60 to 89 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			308
Residential | 90 days or More Past Due or in Process of Foreclosure
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			4,354
Consumer Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	$ 46,810	$ 59,248	77,106
Percentage of Total Carrying Value Outstanding	1.03%	1.23%
Consumer Loans | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			59,958
Consumer Loans | 30 to 59 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			10,178
Consumer Loans | 60 to 89 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			3,964
Consumer Loans | 90 days or More Past Due or in Process of Foreclosure
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			$ 3,006
Deferral of Amounts Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	$ 4,898	$ 5,356
Deferral of Amounts Due | Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	0	0
Deferral of Amounts Due | Residential
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	3,291	1,090
Deferral of Amounts Due | Consumer Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	1,607	4,266
Interest Rate Relief
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	667	2,596
Interest Rate Relief | Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	0	0
Interest Rate Relief | Residential
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	0	1,201
Interest Rate Relief | Consumer Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	667	1,395
Maturity Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	20,477	73,567
Maturity Extension | Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	0	0
Maturity Extension | Residential
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	148	29,493
Maturity Extension | Consumer Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	20,329	44,074
Combination
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	253,523	210,176
Combination | Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	221,089	198,371
Combination | Residential
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	8,227	2,292
Combination | Consumer Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	$ 24,207	$ 9,513

INVESTMENTS - Other Investments

INVESTMENTS - Other Investments (Details) - Insurance - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Schedule of Investments [Line Items]
Other investments	$ 13,755,206	$ 9,683,326
Investments in Real Estate
Schedule of Investments [Line Items]
Other investments	7,172,981	4,778,431
Investments in Renewable Energy
Schedule of Investments [Line Items]
Other investments	1,349,150	1,348,080
Accumulated depreciation	172,800	154,100
Investments in Transportation and Other Leased Assets
Schedule of Investments [Line Items]
Other investments	3,033,344	2,972,469
Accumulated depreciation	371,800	313,600
Other Investment Funds and Partnerships
Schedule of Investments [Line Items]
Other investments	1,812,143	179,469
Federal Home Loan Bank (FHLB), Common Stock and Other Investments
Schedule of Investments [Line Items]
Other investments	$ 387,588	$ 404,877

INVESTMENTS - Repurchase Agreem

INVESTMENTS - Repurchase Agreements (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Schedule of Investments [Line Items]
Total	$ 588,407	$ 1,413,068
AFS Corporate Securities
Schedule of Investments [Line Items]
Total	516,929	1,373,779
Residential Mortgage Loans
Schedule of Investments [Line Items]
Total	71,478	39,289
Overnight
Schedule of Investments [Line Items]
Total	0	0
Overnight | AFS Corporate Securities
Schedule of Investments [Line Items]
Total	0	0
Overnight | Residential Mortgage Loans
Schedule of Investments [Line Items]
Total	0	0
Less than 30 Days
Schedule of Investments [Line Items]
Total	519,537	39,289
Less than 30 Days | AFS Corporate Securities
Schedule of Investments [Line Items]
Total	516,929	0
Less than 30 Days | Residential Mortgage Loans
Schedule of Investments [Line Items]
Total	2,608	39,289
30 - 90 Days
Schedule of Investments [Line Items]
Total	34,040	524,411
30 - 90 Days | AFS Corporate Securities
Schedule of Investments [Line Items]
Total	0	524,411
30 - 90 Days | Residential Mortgage Loans
Schedule of Investments [Line Items]
Total	34,040	0
Greater than 90 Days
Schedule of Investments [Line Items]
Total	34,830	849,368
Greater than 90 Days | AFS Corporate Securities
Schedule of Investments [Line Items]
Total	0	849,368
Greater than 90 Days | Residential Mortgage Loans
Schedule of Investments [Line Items]
Total	$ 34,830	$ 0

DERIVATIVES - Narrative (Detail

DERIVATIVES - Narrative (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Restricted cash held with open derivative transactions with exchange brokers	$ 175.2	$ 133
Loss on net investment hedges	(9.3)
Bond Forward
Derivative Instruments and Hedging Activities Disclosures [Line Items]
AOCI loss on cash flow hedges	(180.4)	$ (126.9)
Interest Rate Swap
Derivative Instruments and Hedging Activities Disclosures [Line Items]
AOCI loss on cash flow hedges	$ 3.7

DERIVATIVES - Derivative Assets

DERIVATIVES - Derivative Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	$ 97,210,442	$ 84,622,876
Derivative Assets
Fair value included within total assets and liabilities, derivative asset	315,069	315,107
Derivative Liabilities
Fair value included within total assets and liabilities, derivative liabilities	530,472	590,187
Asset Management and Strategic Holdings
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	18,572,843	16,146,067
Derivative Assets
Gross Amount Recognized	284,062	269,413
Derivative Liabilities
Gross Amount Recognized	226,310	443,990
Asset Management and Strategic Holdings | Foreign Currency Contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	17,586,779	15,771,463
Derivative Assets
Gross Amount Recognized	274,943	264,621
Derivative Liabilities
Gross Amount Recognized	226,240	441,608
Asset Management and Strategic Holdings | Other Derivatives
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	986,064	374,604
Derivative Assets
Gross Amount Recognized	9,119	4,792
Derivative Liabilities
Gross Amount Recognized	70	2,382
Insurance
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	78,637,599	68,476,809
Derivative Assets
Gross Amount Recognized	2,073,783	1,855,023
Impact of Netting	(2,042,776)	(1,809,329)
Net Amounts Presented in the Statements of Financial Condition	31,007	45,694
Derivative Liabilities
Gross Amount Recognized	1,037,481	1,057,277
Impact of Netting	(733,319)	(911,080)
Net Amounts Presented in the Statements of Financial Condition	304,162	146,197
Insurance | Assets
Derivative Liabilities
Fair value of embedded derivatives, net	114,300	88,700
Insurance | Liability
Derivative Liabilities
Fair value of embedded derivatives, net	2,100,000	1,600,000
Insurance | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	11,870,309	9,622,835
Derivative Assets
Gross Amount Recognized	32,974	24,278
Derivative Liabilities
Gross Amount Recognized	435,996	445,690
Insurance | Derivatives Not Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	66,767,290	58,853,974
Derivative Assets
Gross Amount Recognized	2,040,809	1,830,745
Derivative Liabilities
Gross Amount Recognized	601,485	611,587
Insurance | Foreign Currency Contracts | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	2,414,567	2,302,335
Derivative Assets
Gross Amount Recognized	28,133	24,278
Derivative Liabilities
Gross Amount Recognized	24,903	73,478
Insurance | Foreign Currency Contracts | Derivatives Not Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	2,536,288	1,331,345
Derivative Assets
Gross Amount Recognized	68,301	65,803
Derivative Liabilities
Gross Amount Recognized	60,284	56,616
Insurance | Interest Rate Contracts | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	9,455,742	7,320,500
Derivative Assets
Gross Amount Recognized	4,841	0
Derivative Liabilities
Gross Amount Recognized	411,093	372,212
Insurance | Interest Rate Contracts | Derivatives Not Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	28,197,299	22,259,423
Derivative Assets
Gross Amount Recognized	153,008	284,067
Derivative Liabilities
Gross Amount Recognized	352,870	306,244
Insurance | Equity Market Contracts | Derivatives Not Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	35,972,616	35,203,206
Derivative Assets
Gross Amount Recognized	1,819,500	1,480,875
Derivative Liabilities
Gross Amount Recognized	185,033	248,127
Insurance | Other contracts | Derivatives Not Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	61,087	60,000
Derivative Assets
Gross Amount Recognized	0	0
Derivative Liabilities
Gross Amount Recognized	$ 3,298	$ 600

DERIVATIVES - Carrying Value of

DERIVATIVES - Carrying Value of Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Fair value hedge adjustments on discontinued hedges	$ 19,600	$ 27,800
Debt
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Carrying amount of hedged liabilities	(2,296,510)	(1,608,294)
Cumulative amount of fair value hedging adjustments included in the carrying amount of hedged assets/(liabilities)	(214,778)	(165,817)
Policy Liabilities
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Carrying amount of hedged liabilities	(4,137,823)	(4,380,048)
Cumulative amount of fair value hedging adjustments included in the carrying amount of hedged assets/(liabilities)	(251,943)	(255,308)
Fixed Maturity Securities – Interest and Other Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Carrying amount of hedged assets	2,100,627	2,324,364
Cumulative amount of fair value hedging adjustments included in the carrying amount of hedged assets/(liabilities)	$ (54,690)	$ 80,210

DERIVATIVES - Financial Stateme

DERIVATIVES - Financial Statement Classification (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on net investment hedges			$ (9,300)
Net Gains (Losses) from Investment Activities	$ 392,667	$ 570,085	1,030,829	$ 410,676
Insurance
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Net Gains (Losses) on Derivative Instruments	324,818	78,244	425,786	(269,981)
Derivatives Not Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
AOCI (loss) gain on cash flow hedges	(29,447)	(27,099)	(65,425)	40,101
Derivative gains (losses)	88,732	(1,315)	274,524	(11,473)
Derivatives Not Designated as Hedge Accounting Instruments: | Asset Management and Strategic Holdings
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Net Gains (Losses) on Derivative Instruments	88,732	(1,315)	274,524	(11,473)
Derivatives Not Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative gains (losses)	324,818	78,244	425,786	(269,981)
Derivatives Not Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses) | Insurance
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative gains (losses)	321,396	64,383	411,558	(284,636)
Derivatives Not Designated as Hedge Accounting Instruments: | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative gains (losses)	138	0	275	0
Fair Value Hedges | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
AOCI impact of fair value hedges	(1,728)	(6,397)	(6,418)	2,883
AOCI impact of total gains (losses) on fair value hedges, net of hedged items	(1,728)	(6,397)	(6,418)	2,883
Fair Value Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on derivatives designated as hedge instruments	7,444	(19,512)	56,985	(54,900)
Gains (losses) on hedged items	(9,574)	26,413	(54,690)	56,037
Amortization for gains (losses) excluded from assessment of effectiveness	6,333	7,229	12,714	14,055
Total Gains (Losses) on Fair Value Hedges, Net of Hedged Items	4,203	14,130	15,009	15,192
Fair Value Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on derivatives designated as hedge instruments	1,013	0	1,995	0
Total Gains (Losses) on Fair Value Hedges, Net of Hedged Items	1,013	0	1,995	0
Fair Value Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Policy Benefits and Claims
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on derivatives designated as hedge instruments	(20,068)	(85,895)	(83,763)	(51,338)
Gains (losses) on hedged items	20,068	85,895	83,763	51,338
Fair Value Hedges | Derivatives Designated as Hedge Accounting Instruments: | Interest Expense
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on derivatives designated as hedge instruments	(29,508)	(40,492)	(82,203)	(20,388)
Gains (losses) on hedged items	29,508	40,492	82,203	20,388
Cash Flow Hedges | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
AOCI (loss) gain on cash flow hedges	(18,466)	(20,702)	(49,754)	37,218
Cash Flow Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Cumulative loss on the settlement bond forward derivative hedge instrument	(887)	(269)	(887)	(537)
Cash Flow Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Cumulative loss on the settlement bond forward derivative hedge instrument	(875)	0	(1,720)	0
Net Investment Hedges | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
AOCI (loss) gain on cash flow hedges	(9,253)		(9,253)
Net Investment Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on net investment hedges	106		106
Interest Rate Contracts | Derivatives Not Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses) | Insurance
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative gains (losses)	(117,718)	(164,765)	(367,013)	(95,769)
Interest Rate Contracts | Fair Value Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Policy Benefits and Claims
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on derivatives designated as hedge instruments	(20,068)	(85,895)	(83,763)	(51,338)
Gains (losses) on hedged items	20,068	85,895	83,763	51,338
Interest Rate Contracts | Fair Value Hedges | Derivatives Designated as Hedge Accounting Instruments: | Interest Expense
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on derivatives designated as hedge instruments	(29,508)	(40,492)	(82,203)	(20,388)
Gains (losses) on hedged items	29,508	40,492	82,203	20,388
Interest Rate Contracts | Cash Flow Hedges | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
AOCI (loss) gain on cash flow hedges	(18,466)	(20,702)	(49,754)	37,218
Interest Rate Contracts | Cash Flow Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Cumulative loss on the settlement bond forward derivative hedge instrument	(887)	(269)	(887)	(537)
Interest Rate Contracts | Cash Flow Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Cumulative loss on the settlement bond forward derivative hedge instrument	(875)	0	(1,720)	0
Foreign Exchange Contracts and Options | Derivatives Not Designated as Hedge Accounting Instruments: | Asset Management and Strategic Holdings
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Net Gains (Losses) from Investment Activities	89,911	(8,966)	273,253	(31,332)
Foreign Exchange Contracts and Options | Fair Value Hedges | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
AOCI impact of fair value hedges	(1,728)	(6,397)	(6,418)	2,883
Foreign Exchange Contracts and Options | Fair Value Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on derivatives designated as hedge instruments	7,444	(19,512)	56,985	(54,900)
Gains (losses) on hedged items	(9,574)	26,413	(54,690)	56,037
Amortization for gains (losses) excluded from assessment of effectiveness	6,333	7,229	12,714	14,055
Foreign Exchange Contracts and Options | Fair Value Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on derivatives designated as hedge instruments	1,013	0	1,995	0
Other Derivatives | Derivatives Not Designated as Hedge Accounting Instruments: | Asset Management and Strategic Holdings
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Net Gains (Losses) from Investment Activities	(1,179)	7,651	1,271	19,859
Gain (Loss) On Derivatives | Net Investment Hedges | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
AOCI (loss) gain on cash flow hedges	(9,253)		(9,253)
Gain (Loss) On Derivatives | Net Investment Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on net investment hedges	106		106
Embedded Derivatives - Funds Withheld Receivable | Derivatives Not Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses) | Insurance
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative gains (losses)	274	14,149	25,604	(16,618)
Embedded Derivatives - Funds Withheld Payable | Derivatives Not Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses) | Insurance
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative gains (losses)	357,732	32,842	453,173	(397,393)
Equity Index Options | Derivatives Not Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses) | Insurance
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative gains (losses)	91,329	230,602	348,432	314,489
Equity Future Contracts | Derivatives Not Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses) | Insurance
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative gains (losses)	(7,370)	(48,383)	(70,886)	(89,208)
Foreign Exchange and Other Derivative Contracts | Derivatives Not Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses) | Insurance
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative gains (losses)	$ (2,851)		$ 22,248
Other contracts | Derivatives Not Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses) | Insurance
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative gains (losses)		$ (62)		$ (137)

DERIVATIVES - Offsetting Assets

DERIVATIVES - Offsetting Assets and Liabilities (Details) - Insurance - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Derivative Assets (Excluding Embedded Derivatives)
Gross Amount Recognized	$ 2,073,783	$ 1,855,023
Gross Amounts Offset in the Statements of Financial Position	(2,042,776)	(1,809,329)
Net Amounts Presented in the Statements of Financial Condition	31,007	45,694
Collateral (Received) / Pledged	(65,437)	(45,095)
Net Amount after Collateral	(34,430)	599
Derivative Liabilities (Excluding Embedded Derivatives)
Gross Amount Recognized	1,037,481	1,057,277
Gross Amounts Offset in the Statements of Financial Position	(733,319)	(911,080)
Net Amounts Presented in the Statements of Financial Condition	304,162	146,197
Collateral (Received) / Pledged	248,364	167,973
Net Amount after Collateral	$ 55,798	$ (21,776)

FAIR VALUE MEASUREMENTS - Asset

FAIR VALUE MEASUREMENTS - Assets and Liabilities at Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Assets, at fair value:
AFS Fixed Maturity Securities	$ 73,822,837	$ 69,414,188
Separate Account Assets	4,122,642	4,107,000
Liabilities, at fair value
Embedded derivative	5,000,000	4,000,000
Market Risk Benefit Liability	1,019,763	1,120,968
U.S. Government and Agencies
Assets, at fair value:
AFS Fixed Maturity Securities	2,593,377	1,203,092
U.S. State, Municipal and Political Subdivisions
Assets, at fair value:
AFS Fixed Maturity Securities	4,135,721	4,607,392
Corporate
Assets, at fair value:
AFS Fixed Maturity Securities	39,617,265	39,948,756
Asset Management and Strategic Holdings
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	70	2,382
Insurance
Assets, at fair value:
Other Investments	13,755,206	9,683,326
Reinsurance Recoverable	45,473,921	36,617,344
Impact of Netting	(2,042,776)	(1,809,329)
Separate Account Assets	4,122,642	4,107,000
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	304,162	146,197
Funds Withheld Payable at Interest	1,831,453	1,423,242
Impact of Netting	(733,319)	(911,080)
Market Risk Benefit Liability	1,019,763	1,120,968
Level III | Asset Management and Strategic Holdings
Liabilities, at fair value
Unfunded Revolver Commitments	98,327
Level III | Insurance
Assets, at fair value:
Reinsurance Recoverable	926,695
Liabilities, at fair value
Policy Liabilities (Including Market Risk Benefits)	1,320,498
Closed Block Policy Liabilities	970,844
Level III | Insurance | Interest Sensitive Life
Liabilities, at fair value
Embedded derivative	495,342
Level III | Insurance | Fixed-Indexed Annuity
Liabilities, at fair value
Embedded derivative	4,478,104
Level III | Insurance | Corporate
Assets, at fair value:
Trading Fixed Maturity Securities	9,595,483
Level III | Insurance | Structured Securities
Assets, at fair value:
Trading Fixed Maturity Securities	2,702,090
Fair value measured on recurring basis
Assets, at fair value:
Total Financial Assets	199,197,871	184,176,005
Liabilities, at fair value
Total Liabilities at Fair Value	30,380,528	30,152,304
Fair value measured on recurring basis | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	86,870,823	84,876,654
Total Financial Assets	87,154,885	85,146,067
Liabilities, at fair value
Securities Sold Short	134,297	149,136
Unfunded Revolver Commitments	98,327	94,683
Total Liabilities at Fair Value	25,712,054	25,964,213
Fair value measured on recurring basis | Asset Management and Strategic Holdings | Debt Obligations of Consolidated CFEs
Liabilities, at fair value
Debt Obligations of Consolidated CFEs	25,253,120	25,276,404
Fair value measured on recurring basis | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	31,007	45,694
AFS Fixed Maturity Securities	73,822,837	69,414,188
Trading Fixed Maturity Securities	24,851,300	18,805,470
Equity Securities	21,497	19,737
Mortgage and Other Loan Receivables	603,200	697,402
Other Investments	7,549,543	4,925,751
Funds Withheld Receivable at Interest	114,265	88,661
Reinsurance Recoverable	926,695	926,035
Impact of Netting	(2,042,776)	(1,809,329)
Separate Account Assets	4,122,642	4,107,000
Total Financial Assets	112,042,986	99,029,938
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	304,162	146,197
Policy Liabilities (Including Market Risk Benefits)	1,320,498	1,474,970
Closed Block Policy Liabilities	970,844	968,554
Funds Withheld Payable at Interest	(2,900,476)	(2,447,303)
Impact of Netting	(733,319)	(911,080)
Total Liabilities at Fair Value	4,668,474	4,188,091
Fair value measured on recurring basis | Insurance | Interest Sensitive Life
Liabilities, at fair value
Embedded derivative	495,342	458,302
Fair value measured on recurring basis | Insurance | Fixed-Indexed Annuity
Liabilities, at fair value
Embedded derivative	4,478,104	3,587,371
Fair value measured on recurring basis | Insurance | U.S. Government and Agencies
Assets, at fair value:
AFS Fixed Maturity Securities	2,593,377	1,203,092
Trading Fixed Maturity Securities	3,079,141	2,518,113
Fair value measured on recurring basis | Insurance | U.S. State, Municipal and Political Subdivisions
Assets, at fair value:
AFS Fixed Maturity Securities	4,135,721	4,607,392
Trading Fixed Maturity Securities	732,473	1,223,946
Fair value measured on recurring basis | Insurance | Corporate
Assets, at fair value:
AFS Fixed Maturity Securities	39,617,265	39,948,756
Trading Fixed Maturity Securities	13,718,274	10,472,832
Fair value measured on recurring basis | Insurance | Structured Securities
Assets, at fair value:
AFS Fixed Maturity Securities	27,476,474	23,654,948
Trading Fixed Maturity Securities	7,321,412	4,590,579
Fair value measured on recurring basis | Foreign Exchange Contracts and Options | Asset Management and Strategic Holdings
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	274,943	264,621
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	226,240	441,608
Fair value measured on recurring basis | Other Derivatives | Asset Management and Strategic Holdings
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	9,119	4,792
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	70	2,382
Fair value measured on recurring basis | Equity Market Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	1,819,500	1,480,875
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	185,033	248,127
Fair value measured on recurring basis | Interest Rate Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	157,849	284,067
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	763,963	678,456
Fair value measured on recurring basis | Other contracts | Insurance
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	3,298	600
Fair value measured on recurring basis | Foreign Currency Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	96,434	90,081
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	85,187	130,094
Fair value measured on recurring basis | Private Equity | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	33,772,195	32,742,484
Fair value measured on recurring basis | Credit | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	7,925,996	8,274,904
Fair value measured on recurring basis | Investments of Consolidated CFEs | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	24,890,663	24,996,298
Fair value measured on recurring basis | Real Assets | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	13,245,951	12,000,008
Fair value measured on recurring basis | Equity Method - Other | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	2,314,065	2,283,588
Fair value measured on recurring basis | Other Investments | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	4,721,953	4,579,372
Fair value measured on recurring basis | Level I
Assets, at fair value:
Total Financial Assets	11,360,487	10,903,084
Liabilities, at fair value
Total Liabilities at Fair Value	134,367	150,776
Fair value measured on recurring basis | Level I | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	1,850,408	3,357,633
Total Financial Assets	1,850,408	3,357,633
Liabilities, at fair value
Securities Sold Short	134,297	149,136
Unfunded Revolver Commitments	0	0
Total Liabilities at Fair Value	134,367	149,279
Fair value measured on recurring basis | Level I | Asset Management and Strategic Holdings | Debt Obligations of Consolidated CFEs
Liabilities, at fair value
Debt Obligations of Consolidated CFEs	0	0
Fair value measured on recurring basis | Level I | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	(675)	(2,379)
AFS Fixed Maturity Securities	2,473,223	1,082,421
Trading Fixed Maturity Securities	2,908,671	2,354,194
Equity Securities	6,218	4,215
Mortgage and Other Loan Receivables	0	0
Other Investments	0	0
Funds Withheld Receivable at Interest	0	0
Reinsurance Recoverable	0	0
Impact of Netting	(5,039)	(23,522)
Separate Account Assets	4,122,642	4,107,000
Total Financial Assets	9,510,079	7,545,451
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	1,497
Policy Liabilities (Including Market Risk Benefits)	0	0
Closed Block Policy Liabilities	0	0
Funds Withheld Payable at Interest	0	0
Impact of Netting	(5,039)	(23,522)
Total Liabilities at Fair Value	0	1,497
Fair value measured on recurring basis | Level I | Insurance | Interest Sensitive Life
Liabilities, at fair value
Embedded derivative	0	0
Fair value measured on recurring basis | Level I | Insurance | Fixed-Indexed Annuity
Liabilities, at fair value
Embedded derivative	0	0
Fair value measured on recurring basis | Level I | Insurance | U.S. Government and Agencies
Assets, at fair value:
AFS Fixed Maturity Securities	2,473,223	1,082,421
Trading Fixed Maturity Securities	2,908,671	2,354,194
Fair value measured on recurring basis | Level I | Insurance | U.S. State, Municipal and Political Subdivisions
Assets, at fair value:
AFS Fixed Maturity Securities	0	0
Trading Fixed Maturity Securities	0	0
Fair value measured on recurring basis | Level I | Insurance | Corporate
Assets, at fair value:
AFS Fixed Maturity Securities	0	0
Trading Fixed Maturity Securities	0	0
Fair value measured on recurring basis | Level I | Insurance | Structured Securities
Assets, at fair value:
AFS Fixed Maturity Securities	0	0
Trading Fixed Maturity Securities	0	0
Fair value measured on recurring basis | Level I | Foreign Exchange Contracts and Options | Asset Management and Strategic Holdings
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	0	0
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	0
Fair value measured on recurring basis | Level I | Other Derivatives | Asset Management and Strategic Holdings
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	0	0
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	70	143
Fair value measured on recurring basis | Level I | Equity Market Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	1,625	1,669
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	3,136	7,088
Fair value measured on recurring basis | Level I | Interest Rate Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	2,739	19,474
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	1,903	17,931
Fair value measured on recurring basis | Level I | Other contracts | Insurance
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	0
Fair value measured on recurring basis | Level I | Foreign Currency Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	0	0
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	0
Fair value measured on recurring basis | Level I | Private Equity | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	903,257	1,762,257
Fair value measured on recurring basis | Level I | Credit | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	281,198	281,626
Fair value measured on recurring basis | Level I | Investments of Consolidated CFEs | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	0	0
Fair value measured on recurring basis | Level I | Real Assets | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	352,026	676,808
Fair value measured on recurring basis | Level I | Equity Method - Other | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	153,331	418,791
Fair value measured on recurring basis | Level I | Other Investments | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	160,596	218,151
Fair value measured on recurring basis | Level II
Assets, at fair value:
Total Financial Assets	109,888,536	101,494,533
Liabilities, at fair value
Total Liabilities at Fair Value	25,783,522	25,864,951
Fair value measured on recurring basis | Level II | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	28,578,122	28,045,168
Total Financial Assets	28,862,184	28,314,581
Liabilities, at fair value
Securities Sold Short	0	0
Unfunded Revolver Commitments	0	0
Total Liabilities at Fair Value	25,479,360	25,720,251
Fair value measured on recurring basis | Level II | Asset Management and Strategic Holdings | Debt Obligations of Consolidated CFEs
Liabilities, at fair value
Debt Obligations of Consolidated CFEs	25,253,120	25,276,404
Fair value measured on recurring basis | Level II | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	31,682	48,073
AFS Fixed Maturity Securities	60,562,863	57,930,764
Trading Fixed Maturity Securities	20,431,807	15,201,115
Equity Securities	0	0
Mortgage and Other Loan Receivables	0	0
Other Investments	0	0
Funds Withheld Receivable at Interest	0	0
Reinsurance Recoverable	0	0
Impact of Netting	(2,037,737)	(1,785,807)
Separate Account Assets	0	0
Total Financial Assets	81,026,352	73,179,952
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	304,162	144,700
Policy Liabilities (Including Market Risk Benefits)	0	0
Closed Block Policy Liabilities	0	0
Funds Withheld Payable at Interest	0	0
Impact of Netting	(728,280)	(887,558)
Total Liabilities at Fair Value	304,162	144,700
Fair value measured on recurring basis | Level II | Insurance | Interest Sensitive Life
Liabilities, at fair value
Embedded derivative	0	0
Fair value measured on recurring basis | Level II | Insurance | Fixed-Indexed Annuity
Liabilities, at fair value
Embedded derivative	0	0
Fair value measured on recurring basis | Level II | Insurance | U.S. Government and Agencies
Assets, at fair value:
AFS Fixed Maturity Securities	120,154	120,671
Trading Fixed Maturity Securities	170,470	163,919
Fair value measured on recurring basis | Level II | Insurance | U.S. State, Municipal and Political Subdivisions
Assets, at fair value:
AFS Fixed Maturity Securities	4,135,721	4,607,392
Trading Fixed Maturity Securities	732,473	1,223,946
Fair value measured on recurring basis | Level II | Insurance | Corporate
Assets, at fair value:
AFS Fixed Maturity Securities	30,932,182	31,377,753
Trading Fixed Maturity Securities	12,807,874	9,815,909
Fair value measured on recurring basis | Level II | Insurance | Structured Securities
Assets, at fair value:
AFS Fixed Maturity Securities	25,374,806	21,824,948
Trading Fixed Maturity Securities	6,720,990	3,997,341
Fair value measured on recurring basis | Level II | Foreign Exchange Contracts and Options | Asset Management and Strategic Holdings
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	274,943	264,621
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	226,240	441,608
Fair value measured on recurring basis | Level II | Other Derivatives | Asset Management and Strategic Holdings
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	9,119	4,792
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	2,239
Fair value measured on recurring basis | Level II | Equity Market Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	1,817,875	1,479,206
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	181,897	241,039
Fair value measured on recurring basis | Level II | Interest Rate Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	155,110	264,593
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	762,060	660,525
Fair value measured on recurring basis | Level II | Other contracts | Insurance
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	3,298	600
Fair value measured on recurring basis | Level II | Foreign Currency Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	96,434	90,081
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	85,187	130,094
Fair value measured on recurring basis | Level II | Private Equity | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	52,326	58,653
Fair value measured on recurring basis | Level II | Credit | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	2,827,750	2,540,362
Fair value measured on recurring basis | Level II | Investments of Consolidated CFEs | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	24,890,663	24,996,298
Fair value measured on recurring basis | Level II | Real Assets | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	111,753	27,567
Fair value measured on recurring basis | Level II | Equity Method - Other | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	654,162	326,835
Fair value measured on recurring basis | Level II | Other Investments | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	41,468	95,453
Fair value measured on recurring basis | Level III
Assets, at fair value:
Total Financial Assets	77,948,848	71,778,388
Liabilities, at fair value
Total Liabilities at Fair Value	4,462,639	4,136,577
Fair value measured on recurring basis | Level III | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	56,442,293	53,473,853
Total Financial Assets	56,442,293	53,473,853
Liabilities, at fair value
Securities Sold Short	0	0
Unfunded Revolver Commitments	98,327	94,683
Total Liabilities at Fair Value	98,327	94,683
Fair value measured on recurring basis | Level III | Asset Management and Strategic Holdings | Debt Obligations of Consolidated CFEs
Liabilities, at fair value
Debt Obligations of Consolidated CFEs	0	0
Fair value measured on recurring basis | Level III | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	0	0
AFS Fixed Maturity Securities	10,786,751	10,401,003
Trading Fixed Maturity Securities	1,510,822	1,250,161
Equity Securities	15,279	15,522
Mortgage and Other Loan Receivables	603,200	697,402
Other Investments	7,549,543	4,925,751
Funds Withheld Receivable at Interest	114,265	88,661
Reinsurance Recoverable	926,695	926,035
Impact of Netting	0	0
Separate Account Assets	0	0
Total Financial Assets	21,506,555	18,304,535
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	0
Policy Liabilities (Including Market Risk Benefits)	1,320,498	1,474,970
Closed Block Policy Liabilities	970,844	968,554
Funds Withheld Payable at Interest	(2,900,476)	(2,447,303)
Impact of Netting	0	0
Total Liabilities at Fair Value	4,364,312	4,041,894
Fair value measured on recurring basis | Level III | Insurance | Interest Sensitive Life
Liabilities, at fair value
Embedded derivative	495,342	458,302
Fair value measured on recurring basis | Level III | Insurance | Fixed-Indexed Annuity
Liabilities, at fair value
Embedded derivative	4,478,104	3,587,371
Fair value measured on recurring basis | Level III | Insurance | U.S. Government and Agencies
Assets, at fair value:
AFS Fixed Maturity Securities	0	0
Trading Fixed Maturity Securities	0	0
Fair value measured on recurring basis | Level III | Insurance | U.S. State, Municipal and Political Subdivisions
Assets, at fair value:
AFS Fixed Maturity Securities	0	0
Trading Fixed Maturity Securities	0	0
Fair value measured on recurring basis | Level III | Insurance | Corporate
Assets, at fair value:
AFS Fixed Maturity Securities	8,685,083	8,571,003
Trading Fixed Maturity Securities	910,400	656,923
Fair value measured on recurring basis | Level III | Insurance | Structured Securities
Assets, at fair value:
AFS Fixed Maturity Securities	2,101,668	1,830,000
Trading Fixed Maturity Securities	600,422	593,238
Fair value measured on recurring basis | Level III | Foreign Exchange Contracts and Options | Asset Management and Strategic Holdings
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	0	0
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	0
Fair value measured on recurring basis | Level III | Other Derivatives | Asset Management and Strategic Holdings
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	0	0
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	0
Fair value measured on recurring basis | Level III | Equity Market Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	0	0
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	0
Fair value measured on recurring basis | Level III | Interest Rate Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	0	0
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	0
Fair value measured on recurring basis | Level III | Other contracts | Insurance
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	0
Fair value measured on recurring basis | Level III | Foreign Currency Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	0	0
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	0
Fair value measured on recurring basis | Level III | Private Equity | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	32,816,612	30,921,574
Fair value measured on recurring basis | Level III | Credit | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	4,817,048	5,452,916
Fair value measured on recurring basis | Level III | Investments of Consolidated CFEs | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	0	0
Fair value measured on recurring basis | Level III | Real Assets | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	12,782,172	11,295,633
Fair value measured on recurring basis | Level III | Equity Method - Other | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	1,506,572	1,537,962
Fair value measured on recurring basis | Level III | Other Investments | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	4,519,889	4,265,768
Fair value measured on recurring basis | Fair Value Measured at Net Asset Value Per Share | Real Estate and Private Equity Funds | Insurance
Assets, at fair value:
Other Investments	99,500	$ 138,500
Unfunded commitments	$ 3,000

FAIR VALUE MEASUREMENTS - Chang

FAIR VALUE MEASUREMENTS - Changes in Level III Assets (Details) - Level III - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	$ 72,446,740	$ 74,529,674	$ 71,778,388	$ 70,824,615
Transfers In / (Out) - Changes in Consolidation	1,086,243	(126,889)	1,086,243	(126,889)
Transfers In	68,365	166,626	361,300	360,919
Transfers Out	(2,077)	(2,335)	(115,564)	(58,590)
Net Purchases/Issuances/Sales/Settlements	4,083,201	3,020,145	3,963,527	6,928,744
Net Unrealized and Realized Gains (Losses)	238,466	450,255	742,189	46,993
Change in OCI	27,910	10,161	132,765	71,845
Balance, End of Period	77,948,848	78,047,637	77,948,848	78,047,637
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	202,292	549,345	685,112	117,136
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	$ 33,051	$ 33,391	$ 129,995	$ 81,125
Fair Value, Recurring Basis, Unobservable Input Reconciliation Asset, Gain (Loss) Statement Of Income Extensible List Not Disclosed	Net Unrealized and Realized Gains (Losses)	Net Unrealized and Realized Gains (Losses)	Net Unrealized and Realized Gains (Losses)	Net Unrealized and Realized Gains (Losses)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Liability, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration]	Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest
Fair Value Liabilities, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement Of Income, Extensible List Not Disclosed Flag	Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date
Asset Management and Strategic Holdings
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	$ 54,720,881	$ 56,380,070	$ 53,473,853	$ 53,096,881
Transfers In / (Out) - Changes in Consolidation	1,086,243	(126,889)	1,086,243	(126,889)
Transfers In	9,042	22,777	157,114	40,405
Transfers Out	(2,077)	(2,335)	(115,263)	(48,469)
Net Purchases/Issuances/Sales/Settlements	290,918	2,902,021	1,002,187	6,645,869
Net Unrealized and Realized Gains (Losses)	337,286	476,538	837,982	44,385
Change in OCI	0	0	177	0
Balance, End of Period	56,442,293	59,652,182	56,442,293	59,652,182
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	278,769	602,353	786,141	158,905
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	177	0
Insurance
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	17,725,859	18,149,604	18,304,535	17,727,734
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	59,323	143,849	204,186	320,514
Transfers Out	0	0	(301)	(10,121)
Net Purchases/Issuances/Sales/Settlements	3,792,283	118,124	2,961,340	282,875
Net Unrealized and Realized Gains (Losses)	(98,820)	(26,283)	(95,793)	2,608
Change in OCI	27,910	10,161	132,588	71,845
Balance, End of Period	21,506,555	18,395,455	21,506,555	18,395,455
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	(76,477)	(53,008)	(101,029)	(41,769)
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	33,051	33,391	129,818	81,125
AFS Fixed Maturity Securities | Insurance
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	9,997,635	10,065,208	10,401,003	9,730,098
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	42,951	137,768	95,965	308,543
Transfers Out	0	0	(301)	(3,374)
Net Purchases/Issuances/Sales/Settlements	723,945	77,937	203,169	166,836
Net Unrealized and Realized Gains (Losses)	(5,690)	24,230	(45,673)	41,356
Change in OCI	27,910	10,161	132,588	71,845
Balance, End of Period	10,786,751	10,315,304	10,786,751	10,315,304
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	33,051	33,391	129,818	81,125
AFS Fixed Maturity Securities | Insurance | AFS Corporate Securities
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	8,071,579	8,294,423	8,571,003	8,310,657
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	33,196	0	33,196
Transfers Out	0	0	(301)	0
Net Purchases/Issuances/Sales/Settlements	611,861	48,066	67,271	(18,018)
Net Unrealized and Realized Gains (Losses)	(13,286)	16,996	(60,908)	38,261
Change in OCI	14,929	(121)	108,018	28,464
Balance, End of Period	8,685,083	8,392,560	8,685,083	8,392,560
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	17,466	21,233	103,286	35,900
AFS Fixed Maturity Securities | Insurance | Structured Securities
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	1,926,056	1,770,785	1,830,000	1,419,441
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	42,951	104,572	95,965	275,347
Transfers Out	0	0	0	(3,374)
Net Purchases/Issuances/Sales/Settlements	112,084	29,871	135,898	184,854
Net Unrealized and Realized Gains (Losses)	7,596	7,234	15,235	3,095
Change in OCI	12,981	10,282	24,570	43,381
Balance, End of Period	2,101,668	1,922,744	2,101,668	1,922,744
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	15,585	12,158	26,532	45,225
Trading Fixed Maturity Securities | Insurance
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	1,048,578	1,293,435	1,250,161	1,315,834
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	16,372	6,081	108,221	11,971
Transfers Out	0	0	0	(6,747)
Net Purchases/Issuances/Sales/Settlements	427,737	2,086	83,964	(11,790)
Net Unrealized and Realized Gains (Losses)	18,135	(6,655)	68,476	(14,321)
Change in OCI	0	0	0	0
Balance, End of Period	1,510,822	1,294,947	1,510,822	1,294,947
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	3,430	(6,380)	50,822	(12,968)
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Trading Fixed Maturity Securities | Insurance | AFS Corporate Securities
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	378,435	631,870	656,923	672,023
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	1,225	0	1,416	0
Transfers Out	0	0	0	0
Net Purchases/Issuances/Sales/Settlements	528,131	3,109	208,581	(24,784)
Net Unrealized and Realized Gains (Losses)	2,609	1,785	43,480	(10,475)
Change in OCI	0	0	0	0
Balance, End of Period	910,400	636,764	910,400	636,764
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	2,749	1,867	41,392	(10,009)
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Trading Fixed Maturity Securities | Insurance | Structured Securities
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	670,143	661,565	593,238	643,811
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	15,147	6,081	106,805	11,971
Transfers Out	0	0	0	(6,747)
Net Purchases/Issuances/Sales/Settlements	(100,394)	(1,023)	(124,617)	12,994
Net Unrealized and Realized Gains (Losses)	15,526	(8,440)	24,996	(3,846)
Change in OCI	0	0	0	0
Balance, End of Period	600,422	658,183	600,422	658,183
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	681	(8,247)	9,430	(2,959)
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Equity Securities | Insurance
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	15,823	15,311	15,522	16,286
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Issuances/Sales/Settlements	0	0	0	0
Net Unrealized and Realized Gains (Losses)	(544)	384	(243)	(591)
Change in OCI	0	0	0	0
Balance, End of Period	15,279	15,695	15,279	15,695
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	(543)	384	(242)	(591)
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Mortgage and Other loan Receivables | Insurance
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	686,938	773,917	697,402	787,515
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Issuances/Sales/Settlements	(93,333)	(16,306)	(99,125)	(26,866)
Net Unrealized and Realized Gains (Losses)	9,595	10,665	4,923	7,627
Change in OCI	0	0	0	0
Balance, End of Period	603,200	768,276	603,200	768,276
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	(3,014)	11,178	2,785	5,434
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Other Investments | Insurance
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	4,897,017	5,009,113	4,925,751	4,883,441
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Issuances/Sales/Settlements	2,728,615	54,343	2,779,681	165,285
Net Unrealized and Realized Gains (Losses)	(76,089)	(47,029)	(155,889)	(32,299)
Change in OCI	0	0	0	0
Balance, End of Period	7,549,543	5,016,427	7,549,543	5,016,427
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	(76,350)	(58,190)	(154,394)	(33,644)
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Funds Withheld Receivable at Interest | Insurance
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	113,991	(17,982)	88,661	12,785
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Issuances/Sales/Settlements	0	0	0	0
Net Unrealized and Realized Gains (Losses)	274	14,149	25,604	(16,618)
Change in OCI	0	0	0	0
Balance, End of Period	114,265	(3,833)	114,265	(3,833)
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Reinsurance Recoverable | Insurance
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	965,877	1,010,602	926,035	981,775
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Issuances/Sales/Settlements	5,319	64	(6,349)	(10,590)
Net Unrealized and Realized Gains (Losses)	(44,501)	(22,027)	7,009	17,454
Change in OCI	0	0	0	0
Balance, End of Period	926,695	988,639	926,695	988,639
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Private Equity | Investments | Asset Management and Strategic Holdings
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	32,258,143	26,189,501	30,921,574	25,336,957
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	9,042	0	9,042	0
Transfers Out	0	0	0	0
Net Purchases/Issuances/Sales/Settlements	244,345	1,963,136	985,807	2,896,563
Net Unrealized and Realized Gains (Losses)	305,082	453,584	900,189	372,701
Change in OCI	0	0	0	0
Balance, End of Period	32,816,612	28,606,221	32,816,612	28,606,221
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	308,356	520,098	901,863	437,195
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Credit | Investments | Asset Management and Strategic Holdings
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	5,194,915	5,902,578	5,452,916	5,786,026
Transfers In / (Out) - Changes in Consolidation	151,713	0	151,713	0
Transfers In	0	0	148,072	17,628
Transfers Out	0	0	(105,080)	(23,758)
Net Purchases/Issuances/Sales/Settlements	(461,880)	(541,887)	(720,469)	(465,555)
Net Unrealized and Realized Gains (Losses)	(67,700)	12,191	(110,104)	58,541
Change in OCI	0	0	0	0
Balance, End of Period	4,817,048	5,372,882	4,817,048	5,372,882
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	(54,997)	58,128	(92,128)	102,197
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Real Assets | Investments | Asset Management and Strategic Holdings
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	11,529,548	18,946,851	11,295,633	17,015,112
Transfers In / (Out) - Changes in Consolidation	934,530	(126,889)	934,530	(126,889)
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Issuances/Sales/Settlements	140,436	1,554,061	490,769	3,769,101
Net Unrealized and Realized Gains (Losses)	177,658	(66,444)	61,240	(349,745)
Change in OCI	0	0	0	0
Balance, End of Period	12,782,172	20,307,579	12,782,172	20,307,579
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	103,434	(58,048)	(14,184)	(346,687)
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Equity Method - Other | Investments | Asset Management and Strategic Holdings
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	1,534,073	1,602,694	1,537,962	1,624,420
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	(2,077)	(2,335)	(2,077)	(2,335)
Net Purchases/Issuances/Sales/Settlements	(680)	2,856	(57)	8,500
Net Unrealized and Realized Gains (Losses)	(24,744)	91,955	(29,256)	64,585
Change in OCI	0	0	0	0
Balance, End of Period	1,506,572	1,695,170	1,506,572	1,695,170
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	(24,747)	92,549	(30,862)	69,192
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Other Investments | Investments | Asset Management and Strategic Holdings
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	4,204,202	3,738,446	4,265,768	3,334,366
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	22,777	0	22,777
Transfers Out	0	0	(8,106)	(22,376)
Net Purchases/Issuances/Sales/Settlements	368,697	(76,145)	246,137	435,107
Net Unrealized and Realized Gains (Losses)	(53,010)	(14,748)	15,913	(99,544)
Change in OCI	0	0	177	0
Balance, End of Period	4,519,889	3,670,330	4,519,889	3,670,330
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	(53,277)	(10,374)	21,452	(102,992)
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	$ 0	0	$ 177	0
Other Derivatives | Investments | Asset Management and Strategic Holdings
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period		0		0
Transfers In / (Out) - Changes in Consolidation		0		0
Transfers In		0		0
Transfers Out		0		0
Net Purchases/Issuances/Sales/Settlements		0		2,153
Net Unrealized and Realized Gains (Losses)		0		(2,153)
Change in OCI		0		0
Balance, End of Period		0		0
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date		0		0
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date		$ 0		$ 0

FAIR VALUE MEASUREMENTS - Break

FAIR VALUE MEASUREMENTS - Breakout of Asset Net Purchases/Issuances/Sales/Settlements (Details) - Level III - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	$ 7,196,967	$ 4,698,574	$ 10,154,684	$ 9,551,076
Issuances	0	0	0	0
Sales	(2,478,042)	(1,373,071)	(3,674,314)	(1,779,830)
Settlements	(635,724)	(305,358)	(2,516,843)	(842,502)
Net Purchases/Issuances/Sales/Settlements	4,083,201	3,020,145	3,963,527	6,928,744
Asset Management and Strategic Holdings
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	1,889,342	4,315,231	3,975,138	8,604,394
Issuances	0	0	0	0
Sales	(1,598,222)	(1,363,094)	(2,557,911)	(1,757,041)
Settlements	(202)	(50,116)	(415,040)	(201,484)
Net Purchases/Issuances/Sales/Settlements	290,918	2,902,021	1,002,187	6,645,869
Insurance
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	5,307,625	383,343	6,179,546	946,682
Issuances	0	0	0	0
Sales	(879,820)	(9,977)	(1,116,403)	(22,789)
Settlements	(635,522)	(255,242)	(2,101,803)	(641,018)
Net Purchases/Issuances/Sales/Settlements	3,792,283	118,124	2,961,340	282,875
Investments | Private Equity | Asset Management and Strategic Holdings
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	334,251	1,966,888	1,320,803	2,922,825
Issuances	0	0	0	0
Sales	(89,906)	(3,752)	(334,996)	(26,262)
Settlements	0	0	0	0
Net Purchases/Issuances/Sales/Settlements	244,345	1,963,136	985,807	2,896,563
Investments | Credit | Asset Management and Strategic Holdings
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	191,317	296,290	513,350	737,023
Issuances	0	0	0	0
Sales	(653,162)	(824,088)	(883,549)	(1,103,069)
Settlements	(35)	(14,089)	(350,270)	(99,509)
Net Purchases/Issuances/Sales/Settlements	(461,880)	(541,887)	(720,469)	(465,555)
Investments | Real Assets | Asset Management and Strategic Holdings
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	498,183	1,965,000	881,650	4,256,691
Issuances	0	0	0	0
Sales	(357,747)	(410,939)	(390,881)	(486,551)
Settlements	0	0	0	(1,039)
Net Purchases/Issuances/Sales/Settlements	140,436	1,554,061	490,769	3,769,101
Investments | Equity Method - Other | Asset Management and Strategic Holdings
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	2	3,651	3,082	10,123
Issuances	0	0	0	0
Sales	(682)	(795)	(3,139)	(1,623)
Settlements	0	0	0	0
Net Purchases/Issuances/Sales/Settlements	(680)	2,856	(57)	8,500
Investments | Other Investments | Asset Management and Strategic Holdings
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	865,589	83,402	1,256,253	675,579
Issuances	0	0	0	0
Sales	(496,725)	(123,520)	(945,346)	(139,536)
Settlements	(167)	(36,027)	(64,770)	(100,936)
Net Purchases/Issuances/Sales/Settlements	368,697	(76,145)	246,137	435,107
Investments | Other Derivatives | Asset Management and Strategic Holdings
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases		0		2,153
Issuances		0		0
Sales		0		0
Settlements		0		0
Net Purchases/Issuances/Sales/Settlements		0		2,153
AFS Fixed Maturity Securities | Insurance
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	1,760,802	303,913	2,514,723	716,114
Issuances	0	0	0	0
Sales	(508,706)	(5,080)	(680,729)	(5,668)
Settlements	(528,151)	(220,896)	(1,630,825)	(543,610)
Net Purchases/Issuances/Sales/Settlements	723,945	77,937	203,169	166,836
AFS Fixed Maturity Securities | Insurance | AFS Corporate Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	1,509,309	215,605	2,172,185	450,987
Issuances	0	0	0	0
Sales	(500,359)	(5,080)	(670,380)	(5,668)
Settlements	(397,089)	(162,459)	(1,434,534)	(463,337)
Net Purchases/Issuances/Sales/Settlements	611,861	48,066	67,271	(18,018)
AFS Fixed Maturity Securities | Insurance | Structured Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	251,493	88,308	342,538	265,127
Issuances	0	0	0	0
Sales	(8,347)	0	(10,349)	0
Settlements	(131,062)	(58,437)	(196,291)	(80,273)
Net Purchases/Issuances/Sales/Settlements	112,084	29,871	135,898	184,854
Fixed maturity securities, trading, at fair value | Insurance
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	814,326	19,933	875,581	52,300
Issuances	0	0	0	0
Sales	(367,232)	0	(427,908)	(1,694)
Settlements	(19,357)	(17,847)	(363,709)	(62,396)
Net Purchases/Issuances/Sales/Settlements	427,737	2,086	83,964	(11,790)
Fixed maturity securities, trading, at fair value | Insurance | AFS Corporate Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	706,947	7,146	767,965	14,863
Issuances	0	0	0	0
Sales	(169,277)	0	(223,483)	(1,000)
Settlements	(9,539)	(4,037)	(335,901)	(38,647)
Net Purchases/Issuances/Sales/Settlements	528,131	3,109	208,581	(24,784)
Fixed maturity securities, trading, at fair value | Insurance | Structured Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	107,379	12,787	107,616	37,437
Issuances	0	0	0	0
Sales	(197,955)	0	(204,425)	(694)
Settlements	(9,818)	(13,810)	(27,808)	(23,749)
Net Purchases/Issuances/Sales/Settlements	(100,394)	(1,023)	(124,617)	12,994
Mortgage and Other loan Receivables | Insurance
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	0	257	1,795	634
Issuances	0	0	0	0
Sales	0	0	0	(3,078)
Settlements	(93,333)	(16,563)	(100,920)	(24,422)
Net Purchases/Issuances/Sales/Settlements	(93,333)	(16,306)	(99,125)	(26,866)
Other Investments | Insurance
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	2,732,497	59,240	2,787,447	177,634
Issuances	0	0	0	0
Sales	(3,882)	(4,897)	(7,766)	(12,349)
Settlements	0	0	0	0
Net Purchases/Issuances/Sales/Settlements	2,728,615	54,343	2,779,681	165,285
Reinsurance Recoverable | Insurance
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	0	0	0	0
Issuances	0	0	0	0
Sales	0	0	0	0
Settlements	5,319	64	(6,349)	(10,590)
Net Purchases/Issuances/Sales/Settlements	$ 5,319	$ 64	$ (6,349)	$ (10,590)

FAIR VALUE MEASUREMENTS - Cha_2

FAIR VALUE MEASUREMENTS - Changes in Level III Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Fair value, liabilities measured on recurring basis, level 3 fair-value category reconciliation
Fair Value, Recurring Basis Unobservable Input Reconciliation, Liability, Gain (Loss), Statement Of Income, Extensible List, Not Disclosed Flag	Net Unrealized and Realized Gains (Losses)	Net Unrealized and Realized Gains (Losses)	Net Unrealized and Realized Gains (Losses)	Net Unrealized and Realized Gains (Losses)
Fair Value, Liability, Recurring Basis, Unobservable Input Reconciliation, Liability, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration]	Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest
Fair Value Liabilities, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement Of Income, Extensible List Not Disclosed Flag	Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date
Level III
Fair value, liabilities measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	$ 4,433,054	$ 2,011,058	$ 4,136,577	$ 918,599
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Sales/Settlements/Issuances	326,890	201,067	560,957	540,874
Net Unrealized and Realized Gains (Losses)	(280,490)	132,147	(222,657)	938,065
Change in OCI	(16,815)	145,956	(12,238)	92,690
Balance, End of Period	4,462,639	2,490,228	4,462,639	2,490,228
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	3,323	(2,428)	3,644	(27,209)
Level III | Asset Management and Strategic Holdings
Fair value, liabilities measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	95,004	112,534	94,683	137,315
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Sales/Settlements/Issuances	0	0	0	0
Net Unrealized and Realized Gains (Losses)	3,323	(2,428)	3,644	(27,209)
Change in OCI	0	0	0	0
Balance, End of Period	98,327	110,106	98,327	110,106
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	3,323	(2,428)	3,644	(27,209)
Level III | Insurance
Fair value, liabilities measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	4,338,050	1,898,524	4,041,894	781,284
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Sales/Settlements/Issuances	326,890	201,067	560,957	540,874
Net Unrealized and Realized Gains (Losses)	(283,813)	134,575	(226,301)	965,274
Change in OCI	(16,815)	145,956	(12,238)	92,690
Balance, End of Period	4,364,312	2,380,122	4,364,312	2,380,122
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Level III | Unfunded Revolver Commitments | Asset Management and Strategic Holdings
Fair value, liabilities measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	95,004	112,534	94,683	137,315
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Sales/Settlements/Issuances	0	0	0	0
Net Unrealized and Realized Gains (Losses)	3,323	(2,428)	3,644	(27,209)
Change in OCI	0	0	0	0
Balance, End of Period	98,327	110,106	98,327	110,106
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	3,323	(2,428)	3,644	(27,209)
Level III | Policy Liabilities | Insurance
Fair value, liabilities measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	1,337,563	1,133,779	1,474,970	1,063,496
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Sales/Settlements/Issuances	8,327	(1,508)	8,278	(2,373)
Net Unrealized and Realized Gains (Losses)	(11,200)	(97,515)	(153,726)	25,648
Change in OCI	(14,192)	146,612	(9,024)	94,597
Balance, End of Period	1,320,498	1,181,368	1,320,498	1,181,368
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Level III | Closed Block Policy Liabilities | Insurance
Fair value, liabilities measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	1,005,627	1,046,458	968,554	1,016,313
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Sales/Settlements/Issuances	5,780	(3,166)	4,915	(9,028)
Net Unrealized and Realized Gains (Losses)	(37,940)	(16,297)	589	20,961
Change in OCI	(2,623)	(656)	(3,214)	(1,907)
Balance, End of Period	970,844	1,026,339	970,844	1,026,339
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Level III | Funds Withheld Payable at Interest | Insurance
Fair value, liabilities measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	(2,542,744)	(3,057,531)	(2,447,303)	(3,487,766)
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Sales/Settlements/Issuances	0	0	0	0
Net Unrealized and Realized Gains (Losses)	(357,732)	(32,842)	(453,173)	397,393
Change in OCI	0	0	0	0
Balance, End of Period	(2,900,476)	(3,090,373)	(2,900,476)	(3,090,373)
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Level III | Embedded Derivative | Insurance | Interest Sensitive Life
Fair value, liabilities measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	486,199	373,391	458,302	337,860
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Sales/Settlements/Issuances	(22,427)	5,255	(46,905)	2,307
Net Unrealized and Realized Gains (Losses)	31,570	68,359	83,945	106,838
Change in OCI	0	0	0	0
Balance, End of Period	495,342	447,005	495,342	447,005
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Level III | Embedded Derivative | Insurance | Fixed-Indexed Annuity
Fair value, liabilities measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	4,051,405	2,402,427	3,587,371	1,851,381
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Sales/Settlements/Issuances	335,210	200,486	594,669	549,968
Net Unrealized and Realized Gains (Losses)	91,489	212,870	296,064	414,434
Change in OCI	0	0	0	0
Balance, End of Period	4,478,104	2,815,783	4,478,104	2,815,783
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	$ 0	$ 0	$ 0	$ 0

FAIR VALUE MEASUREMENTS - Bre_2

FAIR VALUE MEASUREMENTS - Breakout of Liability Issuances and Settlements (Details) - Level III - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Liabilities
Issuances	$ 414,683	$ 223,665	$ 736,182	$ 592,518
Settlements	(87,793)	(22,598)	(175,225)	(51,644)
Net Issuances/Settlements	326,890	201,067	560,957	540,874
Asset Management and Strategic Holdings
Liabilities
Issuances	0	0	0	0
Settlements	0	0	0	0
Net Issuances/Settlements	0	0	0	0
Asset Management and Strategic Holdings | Unfunded Revolver Commitments
Liabilities
Issuances	0	0	0	0
Settlements	0	0	0	0
Net Issuances/Settlements	0	0	0	0
Insurance
Liabilities
Issuances	414,683	223,665	736,182	592,518
Settlements	(87,793)	(22,598)	(175,225)	(51,644)
Net Issuances/Settlements	326,890	201,067	560,957	540,874
Insurance | Policy Liabilities
Liabilities
Issuances	11,842	(48)	15,249	(93)
Settlements	(3,515)	(1,460)	(6,971)	(2,280)
Net Issuances/Settlements	8,327	(1,508)	8,278	(2,373)
Insurance | Closed Block Policy Liabilities
Liabilities
Issuances	4,915	0	4,915	0
Settlements	865	(3,166)	0	(9,028)
Net Issuances/Settlements	5,780	(3,166)	4,915	(9,028)
Insurance | Embedded Derivative | Interest Sensitive Life
Liabilities
Issuances	0	0	0	0
Settlements	(22,427)	5,255	(46,905)	2,307
Net Issuances/Settlements	(22,427)	5,255	(46,905)	2,307
Insurance | Embedded Derivative | Fixed-Indexed Annuity
Liabilities
Issuances	397,926	223,713	716,018	592,611
Settlements	(62,716)	(23,227)	(121,349)	(42,643)
Net Issuances/Settlements	$ 335,210	$ 200,486	$ 594,669	$ 549,968

FAIR VALUE MEASUREMENTS - Valua

FAIR VALUE MEASUREMENTS - Valuation Methodologies and Significant Unobservable Inputs (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($) $ / Boe	Dec. 31, 2023 USD ($)
Level III Liabilities
Embedded derivative, fair value	$ 5,000,000	$ 4,000,000
Asset Management and Strategic Holdings | Weighted Average | Yield
Level III Liabilities
Unfunded revolving commitments, measurement input	0.096
Asset Management and Strategic Holdings | Minimum | Yield
Level III Liabilities
Unfunded revolving commitments, measurement input	0.089
Asset Management and Strategic Holdings | Maximum | Yield
Level III Liabilities
Unfunded revolving commitments, measurement input	0.103
Insurance
Level III Assets
Reinsurance recoverable, fair value	$ 45,473,921	$ 36,617,344
Level III | Asset Management and Strategic Holdings
Level III Assets
Private equity, fair value	32,816,612
Credit, fair value	4,817,048
Real assets, fair value	12,782,172
Other investments, fair value	4,519,889
Level III Liabilities
Unfunded revolving commitments, fair value	98,327
Level III | Asset Management and Strategic Holdings | Equity Method - Other | Investments
Level III Assets
Equity method - other, fair value	$ 1,506,572
Level III | Asset Management and Strategic Holdings | Weighted Average | Illiquidity Discount
Level III Assets
Equity method - other, measurement input	0.071
Other investments, measurement input	0.082
Level III | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Market Comparables
Level III Assets
Equity method - other, measurement input	0.532
Other investments, measurement input	0.199
Level III | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Discounted Cash Flow
Level III Assets
Equity method - other, measurement input	0.414
Other investments, measurement input	0.472
Level III | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Transaction Price
Level III Assets
Equity method - other, measurement input	0.054
Other investments, measurement input	0.329
Level III | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Equity method - other, measurement input	12.3
Other investments, measurement input	8.4
Level III | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Equity method - other, measurement input	11
Other investments, measurement input	11.9
Level III | Asset Management and Strategic Holdings | Weighted Average | Weighted Average Cost of Capital
Level III Assets
Equity method - other, measurement input	0.110
Other investments, measurement input	0.106
Level III | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/EBITDA Exit Multiple
Level III Assets
Equity method - other, measurement input	11
Other investments, measurement input	10.8
Level III | Asset Management and Strategic Holdings | Weighted Average | Yield
Level III Assets
Credit, measurement input	0.111
Level III | Asset Management and Strategic Holdings | Weighted Average | Net Leverage
Level III Assets
Credit, measurement input	6.1
Level III | Asset Management and Strategic Holdings | Weighted Average | EBITDA Multiple
Level III Assets
Credit, measurement input	12.7
Level III | Asset Management and Strategic Holdings | Minimum | Illiquidity Discount
Level III Assets
Equity method - other, measurement input	0.050
Other investments, measurement input	0.050
Level III | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Market Comparables
Level III Assets
Equity method - other, measurement input	0
Other investments, measurement input	0
Level III | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Equity method - other, measurement input	0
Other investments, measurement input	0
Level III | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Transaction Price
Level III Assets
Equity method - other, measurement input	0
Other investments, measurement input	0
Level III | Asset Management and Strategic Holdings | Minimum | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Equity method - other, measurement input	4.9
Other investments, measurement input	0.6
Level III | Asset Management and Strategic Holdings | Minimum | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Equity method - other, measurement input	4.4
Other investments, measurement input	4
Level III | Asset Management and Strategic Holdings | Minimum | Weighted Average Cost of Capital
Level III Assets
Equity method - other, measurement input	0.073
Other investments, measurement input	0.050
Level III | Asset Management and Strategic Holdings | Minimum | Enterprise Value/EBITDA Exit Multiple
Level III Assets
Equity method - other, measurement input	9.5
Other investments, measurement input	7.3
Level III | Asset Management and Strategic Holdings | Minimum | Yield
Level III Assets
Credit, measurement input	0.052
Level III | Asset Management and Strategic Holdings | Minimum | Net Leverage
Level III Assets
Credit, measurement input	1.5
Level III | Asset Management and Strategic Holdings | Minimum | EBITDA Multiple
Level III Assets
Credit, measurement input	6.5
Level III | Asset Management and Strategic Holdings | Maximum | Illiquidity Discount
Level III Assets
Equity method - other, measurement input	0.100
Other investments, measurement input	0.150
Level III | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Market Comparables
Level III Assets
Equity method - other, measurement input	1
Other investments, measurement input	1
Level III | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Equity method - other, measurement input	0.500
Other investments, measurement input	1
Level III | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Transaction Price
Level III Assets
Equity method - other, measurement input	1
Other investments, measurement input	1
Level III | Asset Management and Strategic Holdings | Maximum | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Equity method - other, measurement input	19.6
Other investments, measurement input	15.3
Level III | Asset Management and Strategic Holdings | Maximum | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Equity method - other, measurement input	16
Other investments, measurement input	19.1
Level III | Asset Management and Strategic Holdings | Maximum | Weighted Average Cost of Capital
Level III Assets
Equity method - other, measurement input	0.175
Other investments, measurement input	0.419
Level III | Asset Management and Strategic Holdings | Maximum | Enterprise Value/EBITDA Exit Multiple
Level III Assets
Equity method - other, measurement input	15
Other investments, measurement input	15
Level III | Asset Management and Strategic Holdings | Maximum | Yield
Level III Assets
Credit, measurement input	0.201
Level III | Asset Management and Strategic Holdings | Maximum | Net Leverage
Level III Assets
Credit, measurement input	14.5
Level III | Asset Management and Strategic Holdings | Maximum | EBITDA Multiple
Level III Assets
Credit, measurement input	30
Level III | Insurance
Level III Assets
Other investments, fair value	$ 7,549,543
Reinsurance recoverable, fair value	926,695
Level III Liabilities
Policy liabilities, fair value	1,320,498
Closed block policy liabilities, fair value	$ 970,844
Level III | Insurance | Expense Assumption
Level III Assets
Reinsurance recoverable, measurement input, expense per policy (in dollars per share)	0.025
Level III Liabilities
Closed block liabilities, measurement input, value	0.025
Level III | Insurance | Mortality Rate | Valuation Technique, Market Risk Benefit, Instrument-Specific Credit Risk, 10 Year
Level III Liabilities
Policy liabilities, measurement input	0.008
Level III | Insurance | Mortality Rate | Valuation Technique, Market Risk Benefit, Instrument-Specific Credit Risk, 30 Year
Level III Liabilities
Policy liabilities, measurement input	0.009
Level III | Insurance | Interest Sensitive Life
Level III Liabilities
Embedded derivative, fair value	$ 495,342
Level III | Insurance | Fixed-Indexed Annuity
Level III Liabilities
Embedded derivative, fair value	$ 4,478,104
Level III | Insurance | Weighted Average | Vacancy Rate
Level III Assets
Other investments, measurement input	0.021
Level III | Insurance | Weighted Average | Discount Rate
Level III Assets
Other investments, measurement input	0.076
Level III | Insurance | Weighted Average | Terminal Capitalization Rate
Level III Assets
Other investments, measurement input	0.059
Level III | Insurance | Weighted Average | Expense Assumption
Level III Assets
Reinsurance recoverable, measurement input, expense per policy (in dollars per share)	17.4
Level III Liabilities
Closed block liabilities, measurement input, value	17.4
Level III | Insurance | Weighted Average | Instrument-specific credit risk
Level III Liabilities
Closed block policy liabilities, measurement input	0.008
Level III | Insurance | Weighted Average | Expense Risk Margin
Level III Assets
Reinsurance recoverable, measurement input	0.094
Level III Liabilities
Closed block policy liabilities, measurement input	0.094
Level III | Insurance | Weighted Average | Cost of Capital
Level III Assets
Reinsurance recoverable, measurement input	0.098
Level III Liabilities
Closed block policy liabilities, measurement input	0.098
Level III | Insurance | Weighted Average | Mortality Rate
Level III Assets
Reinsurance recoverable, measurement input	0.056
Level III Liabilities
Closed block policy liabilities, measurement input	0.056
Level III | Insurance | Weighted Average | Mortality Rate | Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality.
Level III Liabilities
Policy liabilities, measurement input	0.048
Level III | Insurance | Weighted Average | Mortality Rate | Valuation Technique, Market Risk Benefit, Policyholder Behavior
Level III Liabilities
Policy liabilities, measurement input	0.024
Level III | Insurance | Weighted Average | Surrender Rate
Level III Assets
Reinsurance recoverable, measurement input	0.020
Level III Liabilities
Closed block policy liabilities, measurement input	0.020
Level III | Insurance | Weighted Average | Surrender Rate | Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality.
Level III Liabilities
Policy liabilities, measurement input	0.063
Level III | Insurance | Weighted Average | Surrender Rate | Valuation Technique, Market Risk Benefit, Policyholder Behavior
Level III Liabilities
Policy liabilities, measurement input	0.039
Level III | Insurance | Weighted Average | Risk Margin Rate
Level III Liabilities
Policy liabilities, measurement input	0.008
Level III | Insurance | Weighted Average | Interest Sensitive Life | Instrument-specific credit risk
Level III Liabilities
Embedded derivative, measurement input	0.008
Level III | Insurance | Weighted Average | Interest Sensitive Life | Mortality Rate
Level III Liabilities
Embedded derivative, measurement input	0.008
Level III | Insurance | Weighted Average | Interest Sensitive Life | Lapse Rate
Level III Liabilities
Embedded derivative, measurement input	0.033
Level III | Insurance | Weighted Average | Interest Sensitive Life | Option Budget Assumption
Level III Liabilities
Embedded derivative, measurement input	0.038
Level III | Insurance | Weighted Average | Fixed-Indexed Annuity | Mortality Rate
Level III Liabilities
Embedded derivative, measurement input	0.025
Level III | Insurance | Weighted Average | Fixed-Indexed Annuity | Surrender Rate
Level III Liabilities
Embedded derivative, measurement input	0.137
Level III | Insurance | Weighted Average | Fixed-Indexed Annuity | Utilization
Level III Liabilities
Embedded derivative, measurement input	0.030
Level III | Insurance | Weighted Average | Institutional FIA | Mortality Rate
Level III Liabilities
Embedded derivative, measurement input	0.020
Level III | Insurance | Weighted Average | Institutional FIA | Surrender Rate
Level III Liabilities
Embedded derivative, measurement input	0.160
Level III | Insurance | Weighted Average | Institutional FIA | Option Budget Assumption
Level III Liabilities
Embedded derivative, measurement input	0.035
Level III | Insurance | Weighted Average | Retail FIA | Option Budget Assumption
Level III Liabilities
Embedded derivative, measurement input	0.029
Level III | Insurance | Weighted Average | Variable Annuities | Instrument-specific credit risk
Level III Liabilities
Embedded derivative, measurement input	0.008
Level III | Insurance | Minimum | Vacancy Rate
Level III Assets
Other investments, measurement input	0
Level III | Insurance | Minimum | Discount Rate
Level III Assets
Other investments, measurement input	0.068
Level III | Insurance | Minimum | Terminal Capitalization Rate
Level III Assets
Other investments, measurement input	0.050
Level III | Insurance | Minimum | Expense Assumption
Level III Assets
Reinsurance recoverable, measurement input, expense per policy (in dollars per share)	8.2
Level III Liabilities
Closed block liabilities, measurement input, value	8.2
Level III | Insurance | Minimum | Instrument-specific credit risk
Level III Liabilities
Closed block policy liabilities, measurement input	0.006
Level III | Insurance | Minimum | Cost of Capital
Level III Assets
Reinsurance recoverable, measurement input	0.037
Level III Liabilities
Closed block policy liabilities, measurement input	0.037
Level III | Insurance | Minimum | Mortality Rate | Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality.
Level III Liabilities
Policy liabilities, measurement input	0.035
Level III | Insurance | Minimum | Mortality Rate | Valuation Technique, Market Risk Benefit, Policyholder Behavior
Level III Liabilities
Policy liabilities, measurement input	0.004
Level III | Insurance | Minimum | Surrender Rate | Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality.
Level III Liabilities
Policy liabilities, measurement input	0.033
Level III | Insurance | Minimum | Surrender Rate | Valuation Technique, Market Risk Benefit, Policyholder Behavior
Level III Liabilities
Policy liabilities, measurement input	0.001
Level III | Insurance | Minimum | Risk Margin Rate
Level III Liabilities
Policy liabilities, measurement input	0.006
Level III | Insurance | Minimum | Interest Sensitive Life | Instrument-specific credit risk
Level III Liabilities
Embedded derivative, measurement input	0.006
Level III | Insurance | Minimum | Variable Annuities | Instrument-specific credit risk
Level III Liabilities
Embedded derivative, measurement input	0.006
Level III | Insurance | Maximum | Vacancy Rate
Level III Assets
Other investments, measurement input	0.025
Level III | Insurance | Maximum | Discount Rate
Level III Assets
Other investments, measurement input	0.082
Level III | Insurance | Maximum | Terminal Capitalization Rate
Level III Assets
Other investments, measurement input	0.072
Level III | Insurance | Maximum | Expense Assumption
Level III Assets
Reinsurance recoverable, measurement input, expense per policy (in dollars per share)	78
Level III Liabilities
Closed block liabilities, measurement input, value	78
Level III | Insurance | Maximum | Instrument-specific credit risk
Level III Liabilities
Closed block policy liabilities, measurement input	0.009
Level III | Insurance | Maximum | Cost of Capital
Level III Assets
Reinsurance recoverable, measurement input	0.139
Level III Liabilities
Closed block policy liabilities, measurement input	0.139
Level III | Insurance | Maximum | Mortality Rate | Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality.
Level III Liabilities
Policy liabilities, measurement input	0.088
Level III | Insurance | Maximum | Mortality Rate | Valuation Technique, Market Risk Benefit, Policyholder Behavior
Level III Liabilities
Policy liabilities, measurement input	0.300
Level III | Insurance | Maximum | Surrender Rate | Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality.
Level III Liabilities
Policy liabilities, measurement input	0.076
Level III | Insurance | Maximum | Surrender Rate | Valuation Technique, Market Risk Benefit, Policyholder Behavior
Level III Liabilities
Policy liabilities, measurement input	0.395
Level III | Insurance | Maximum | Risk Margin Rate
Level III Liabilities
Policy liabilities, measurement input	0.009
Level III | Insurance | Maximum | Interest Sensitive Life | Instrument-specific credit risk
Level III Liabilities
Embedded derivative, measurement input	0.009
Level III | Insurance | Maximum | Variable Annuities | Instrument-specific credit risk
Level III Liabilities
Embedded derivative, measurement input	0.009
Level III | Private Equity | Asset Management and Strategic Holdings
Level III Assets
Private equity, fair value	$ 29,868,786
Level III | Private Equity | Asset Management and Strategic Holdings | Weighted Average | Illiquidity Discount
Level III Assets
Private equity, measurement input	0.063
Level III | Private Equity | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Market Comparables
Level III Assets
Private equity, measurement input	0.284
Level III | Private Equity | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Discounted Cash Flow
Level III Assets
Private equity, measurement input	0.680
Level III | Private Equity | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Transaction Price
Level III Assets
Private equity, measurement input	0.036
Level III | Private Equity | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Private equity, measurement input	17.3
Level III | Private Equity | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Private equity, measurement input	16.4
Level III | Private Equity | Asset Management and Strategic Holdings | Weighted Average | Weighted Average Cost of Capital
Level III Assets
Private equity, measurement input	0.100
Level III | Private Equity | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/EBITDA Exit Multiple
Level III Assets
Private equity, measurement input	14.6
Level III | Private Equity | Asset Management and Strategic Holdings | Minimum | Illiquidity Discount
Level III Assets
Private equity, measurement input	0.050
Level III | Private Equity | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Market Comparables
Level III Assets
Private equity, measurement input	0
Level III | Private Equity | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Private equity, measurement input	0
Level III | Private Equity | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Transaction Price
Level III Assets
Private equity, measurement input	0
Level III | Private Equity | Asset Management and Strategic Holdings | Minimum | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Private equity, measurement input	6.1
Level III | Private Equity | Asset Management and Strategic Holdings | Minimum | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Private equity, measurement input	4.8
Level III | Private Equity | Asset Management and Strategic Holdings | Minimum | Weighted Average Cost of Capital
Level III Assets
Private equity, measurement input	0.062
Level III | Private Equity | Asset Management and Strategic Holdings | Minimum | Enterprise Value/EBITDA Exit Multiple
Level III Assets
Private equity, measurement input	6
Level III | Private Equity | Asset Management and Strategic Holdings | Maximum | Illiquidity Discount
Level III Assets
Private equity, measurement input	0.150
Level III | Private Equity | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Market Comparables
Level III Assets
Private equity, measurement input	1
Level III | Private Equity | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Private equity, measurement input	1
Level III | Private Equity | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Transaction Price
Level III Assets
Private equity, measurement input	1
Level III | Private Equity | Asset Management and Strategic Holdings | Maximum | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Private equity, measurement input	25
Level III | Private Equity | Asset Management and Strategic Holdings | Maximum | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Private equity, measurement input	29.1
Level III | Private Equity | Asset Management and Strategic Holdings | Maximum | Weighted Average Cost of Capital
Level III Assets
Private equity, measurement input	0.150
Level III | Private Equity | Asset Management and Strategic Holdings | Maximum | Enterprise Value/EBITDA Exit Multiple
Level III Assets
Private equity, measurement input	27.6
Level III | Growth Equity | Asset Management and Strategic Holdings
Level III Assets
Growth equity, fair value disclosure	$ 2,947,826
Level III | Growth Equity | Asset Management and Strategic Holdings | Weighted Average | Illiquidity Discount
Level III Assets
Growth equity, measurement input	0.101
Level III | Growth Equity | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Market Comparables
Level III Assets
Growth equity, measurement input	0.448
Level III | Growth Equity | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Discounted Cash Flow
Level III Assets
Growth equity, measurement input	0.028
Level III | Growth Equity | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Transaction Price
Level III Assets
Growth equity, measurement input	0.118
Level III | Growth Equity | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Milestones
Level III Assets
Growth equity, measurement input	0.406
Level III | Growth Equity | Asset Management and Strategic Holdings | Weighted Average | Base
Level III Assets
Growth equity, measurement input	0.706
Level III | Growth Equity | Asset Management and Strategic Holdings | Weighted Average | Downside
Level III Assets
Growth equity, measurement input	0.087
Level III | Growth Equity | Asset Management and Strategic Holdings | Weighted Average | Upside
Level III Assets
Growth equity, measurement input	0.207
Level III | Growth Equity | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/Revenues Multiple
Level III Assets
Growth equity, measurement input	9.1
Level III | Growth Equity | Asset Management and Strategic Holdings | Minimum | Illiquidity Discount
Level III Assets
Growth equity, measurement input	0.100
Level III | Growth Equity | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Market Comparables
Level III Assets
Growth equity, measurement input	0
Level III | Growth Equity | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Growth equity, measurement input	0
Level III | Growth Equity | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Transaction Price
Level III Assets
Growth equity, measurement input	0
Level III | Growth Equity | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Milestones
Level III Assets
Growth equity, measurement input	0
Level III | Growth Equity | Asset Management and Strategic Holdings | Minimum | Base
Level III Assets
Growth equity, measurement input	0.600
Level III | Growth Equity | Asset Management and Strategic Holdings | Minimum | Downside
Level III Assets
Growth equity, measurement input	0.050
Level III | Growth Equity | Asset Management and Strategic Holdings | Minimum | Upside
Level III Assets
Growth equity, measurement input	0.100
Level III | Growth Equity | Asset Management and Strategic Holdings | Minimum | Enterprise Value/Revenues Multiple
Level III Assets
Growth equity, measurement input	3.2
Level III | Growth Equity | Asset Management and Strategic Holdings | Maximum | Illiquidity Discount
Level III Assets
Growth equity, measurement input	0.150
Level III | Growth Equity | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Market Comparables
Level III Assets
Growth equity, measurement input	1
Level III | Growth Equity | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Growth equity, measurement input	0.500
Level III | Growth Equity | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Transaction Price
Level III Assets
Growth equity, measurement input	1
Level III | Growth Equity | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Milestones
Level III Assets
Growth equity, measurement input	1
Level III | Growth Equity | Asset Management and Strategic Holdings | Maximum | Base
Level III Assets
Growth equity, measurement input	0.850
Level III | Growth Equity | Asset Management and Strategic Holdings | Maximum | Downside
Level III Assets
Growth equity, measurement input	0.150
Level III | Growth Equity | Asset Management and Strategic Holdings | Maximum | Upside
Level III Assets
Growth equity, measurement input	0.350
Level III | Growth Equity | Asset Management and Strategic Holdings | Maximum | Enterprise Value/Revenues Multiple
Level III Assets
Growth equity, measurement input	24.4
Level III | Energy | Liquids
Level III Assets
Revenue ratio of liquids	87%
Level III | Energy | Natural Gas
Level III Assets
Revenue ratio of natural gas	13%
Level III | Energy | Asset Management and Strategic Holdings
Level III Assets
Real assets, fair value	$ 1,582,089
Level III | Energy | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Market Comparables
Level III Assets
Real assets, measurement input	0.446
Level III | Energy | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Discounted Cash Flow
Level III Assets
Real assets, measurement input	0.554
Level III | Energy | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Real assets, measurement input	4.9
Level III | Energy | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Real assets, measurement input	6
Level III | Energy | Asset Management and Strategic Holdings | Weighted Average | Weighted Average Cost of Capital
Level III Assets
Real assets, measurement input	0.122
Level III | Energy | Asset Management and Strategic Holdings | Weighted Average | Average Price Per BOE
Level III Assets
Real assets, measurement input, value | $ / Boe	47.62
Level III | Energy | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Market Comparables
Level III Assets
Real assets, measurement input	0
Level III | Energy | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Real assets, measurement input	0.500
Level III | Energy | Asset Management and Strategic Holdings | Minimum | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Real assets, measurement input	4.9
Level III | Energy | Asset Management and Strategic Holdings | Minimum | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Real assets, measurement input	4.4
Level III | Energy | Asset Management and Strategic Holdings | Minimum | Weighted Average Cost of Capital
Level III Assets
Real assets, measurement input	0.120
Level III | Energy | Asset Management and Strategic Holdings | Minimum | Average Price Per BOE
Level III Assets
Real assets, measurement input, value | $ / Boe	45.03
Level III | Energy | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Market Comparables
Level III Assets
Real assets, measurement input	0.500
Level III | Energy | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Real assets, measurement input	1
Level III | Energy | Asset Management and Strategic Holdings | Maximum | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Real assets, measurement input	4.9
Level III | Energy | Asset Management and Strategic Holdings | Maximum | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Real assets, measurement input	6.5
Level III | Energy | Asset Management and Strategic Holdings | Maximum | Weighted Average Cost of Capital
Level III Assets
Real assets, measurement input	0.122
Level III | Energy | Asset Management and Strategic Holdings | Maximum | Average Price Per BOE
Level III Assets
Real assets, measurement input, value | $ / Boe	52.12
Level III | Infrastructure | Asset Management and Strategic Holdings
Level III Assets
Real assets, fair value	$ 1,576,257
Level III | Infrastructure | Asset Management and Strategic Holdings | Weighted Average | Illiquidity Discount
Level III Assets
Real assets, measurement input	0.065
Level III | Infrastructure | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Market Comparables
Level III Assets
Real assets, measurement input	0.062
Level III | Infrastructure | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Discounted Cash Flow
Level III Assets
Real assets, measurement input	0.527
Level III | Infrastructure | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Transaction Price
Level III Assets
Real assets, measurement input	0.411
Level III | Infrastructure | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Real assets, measurement input	10.9
Level III | Infrastructure | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Real assets, measurement input	18.3
Level III | Infrastructure | Asset Management and Strategic Holdings | Weighted Average | Weighted Average Cost of Capital
Level III Assets
Real assets, measurement input	0.072
Level III | Infrastructure | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/EBITDA Exit Multiple
Level III Assets
Real assets, measurement input	15.7
Level III | Infrastructure | Asset Management and Strategic Holdings | Minimum | Illiquidity Discount
Level III Assets
Real assets, measurement input	0.050
Level III | Infrastructure | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Market Comparables
Level III Assets
Real assets, measurement input	0
Level III | Infrastructure | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Real assets, measurement input	0
Level III | Infrastructure | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Transaction Price
Level III Assets
Real assets, measurement input	0
Level III | Infrastructure | Asset Management and Strategic Holdings | Minimum | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Real assets, measurement input	10.9
Level III | Infrastructure | Asset Management and Strategic Holdings | Minimum | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Real assets, measurement input	10.4
Level III | Infrastructure | Asset Management and Strategic Holdings | Minimum | Weighted Average Cost of Capital
Level III Assets
Real assets, measurement input	0.058
Level III | Infrastructure | Asset Management and Strategic Holdings | Minimum | Enterprise Value/EBITDA Exit Multiple
Level III Assets
Real assets, measurement input	10
Level III | Infrastructure | Asset Management and Strategic Holdings | Maximum | Illiquidity Discount
Level III Assets
Real assets, measurement input	0.100
Level III | Infrastructure | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Market Comparables
Level III Assets
Real assets, measurement input	0.250
Level III | Infrastructure | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Real assets, measurement input	1
Level III | Infrastructure | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Transaction Price
Level III Assets
Real assets, measurement input	1
Level III | Infrastructure | Asset Management and Strategic Holdings | Maximum | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Real assets, measurement input	10.9
Level III | Infrastructure | Asset Management and Strategic Holdings | Maximum | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Real assets, measurement input	21.7
Level III | Infrastructure | Asset Management and Strategic Holdings | Maximum | Weighted Average Cost of Capital
Level III Assets
Real assets, measurement input	0.095
Level III | Infrastructure | Asset Management and Strategic Holdings | Maximum | Enterprise Value/EBITDA Exit Multiple
Level III Assets
Real assets, measurement input	22
Level III | Real Estate | Asset Management and Strategic Holdings
Level III Assets
Real assets, fair value	$ 9,623,826
Level III | Real Estate | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Discounted Cash Flow
Level III Assets
Real assets, measurement input	0.807
Level III | Real Estate | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Transaction Price
Level III Assets
Real assets, measurement input	0.074
Level III | Real Estate | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Direct Income Capitalization
Level III Assets
Real assets, measurement input	0.119
Level III | Real Estate | Asset Management and Strategic Holdings | Weighted Average | Current Capitalization Rate
Level III Assets
Real assets, measurement input	0.053
Level III | Real Estate | Asset Management and Strategic Holdings | Weighted Average | Exit Capitalization Rate
Level III Assets
Real assets, measurement input	0.056
Level III | Real Estate | Asset Management and Strategic Holdings | Weighted Average | Unlevered Discount Rate
Level III Assets
Real assets, measurement input	0.073
Level III | Real Estate | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Real assets, measurement input	0
Level III | Real Estate | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Transaction Price
Level III Assets
Real assets, measurement input	0
Level III | Real Estate | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Direct Income Capitalization
Level III Assets
Real assets, measurement input	0
Level III | Real Estate | Asset Management and Strategic Holdings | Minimum | Current Capitalization Rate
Level III Assets
Real assets, measurement input	0.018
Level III | Real Estate | Asset Management and Strategic Holdings | Minimum | Exit Capitalization Rate
Level III Assets
Real assets, measurement input	0.031
Level III | Real Estate | Asset Management and Strategic Holdings | Minimum | Unlevered Discount Rate
Level III Assets
Real assets, measurement input	0.028
Level III | Real Estate | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Real assets, measurement input	1
Level III | Real Estate | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Transaction Price
Level III Assets
Real assets, measurement input	1
Level III | Real Estate | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Direct Income Capitalization
Level III Assets
Real assets, measurement input	1
Level III | Real Estate | Asset Management and Strategic Holdings | Maximum | Current Capitalization Rate
Level III Assets
Real assets, measurement input	0.076
Level III | Real Estate | Asset Management and Strategic Holdings | Maximum | Exit Capitalization Rate
Level III Assets
Real assets, measurement input	0.089
Level III | Real Estate | Asset Management and Strategic Holdings | Maximum | Unlevered Discount Rate
Level III Assets
Real assets, measurement input	0.180
Level III | AFS Corporate Securities | Insurance
Level III Assets
Securities, fair value	$ 9,595,483
Level III | AFS Corporate Securities | Insurance | Weighted Average | Discount Spread
Level III Assets
Securities, measurement input	0.024
Level III | AFS Corporate Securities | Insurance | Minimum | Discount Spread
Level III Assets
Securities, measurement input	0.002
Level III | AFS Corporate Securities | Insurance | Maximum | Discount Spread
Level III Assets
Securities, measurement input	0.045
Level III | Structured Securities | Insurance
Level III Assets
Securities, fair value	$ 2,702,090
Level III | Structured Securities | Insurance | Weighted Average | Discount Spread
Level III Assets
Securities, measurement input	0.029
Level III | Structured Securities | Insurance | Weighted Average | Constant Prepayment Rate
Level III Assets
Securities, measurement input	0.120
Level III | Structured Securities | Insurance | Weighted Average | Constant Default Rate
Level III Assets
Securities, measurement input	0.004
Level III | Structured Securities | Insurance | Weighted Average | Loss Severity
Level III Assets
Securities, measurement input	0.103
Level III | Structured Securities | Insurance | Minimum | Discount Spread
Level III Assets
Securities, measurement input	0.014
Level III | Structured Securities | Insurance | Minimum | Constant Prepayment Rate
Level III Assets
Securities, measurement input	0.100
Level III | Structured Securities | Insurance | Minimum | Constant Default Rate
Level III Assets
Securities, measurement input	0
Level III | Structured Securities | Insurance | Minimum | Loss Severity
Level III Assets
Securities, measurement input	0
Level III | Structured Securities | Insurance | Maximum | Discount Spread
Level III Assets
Securities, measurement input	0.052
Level III | Structured Securities | Insurance | Maximum | Constant Prepayment Rate
Level III Assets
Securities, measurement input	0.150
Level III | Structured Securities | Insurance | Maximum | Constant Default Rate
Level III Assets
Securities, measurement input	0.030
Level III | Structured Securities | Insurance | Maximum | Loss Severity
Level III Assets
Securities, measurement input	0.950

FAIR VALUE MEASUREMENTS - Instr

FAIR VALUE MEASUREMENTS - Instruments Not Carried At Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Financial Liabilities:
Securities Sold Under Agreements to Repurchase	$ 588,407	$ 1,413,068
Insurance
Financial Assets:
Cash and Cash Equivalents	7,710,857	11,954,675	$ 4,421,172	$ 6,118,231
Restricted Cash and Cash Equivalents	360,705	342,954	$ 339,618	$ 308,383
Financial Liabilities:
Funds Withheld Payable at Interest	1,831,453	1,423,242
Securities Sold Under Agreements to Repurchase	566,169	1,358,434
Insurance | Level III
Financial Liabilities:
Policy Liabilities – Policyholder Account Balances	1,320,498
Insurance | Carrying Value
Financial Assets:
Mortgage and Other Loan Receivables	46,216,912	38,480,525
Policy Loans	1,609,396	1,556,030
FHLB Common Stock and Other Investments	175,188	173,148
Funds Withheld Receivables at Interest	2,507,648	2,624,984
Cash and Cash Equivalents	7,710,857	11,954,675
Restricted Cash and Cash Equivalents	360,705	342,954
Total Financial Assets	58,580,706	55,132,316
Financial Liabilities:
Policy Liabilities – Policyholder Account Balances	57,245,938	53,821,432
Funds Withheld Payable at Interest	46,844,310	36,786,825
Debt Obligations	3,698,209	2,587,857
Securities Sold Under Agreements to Repurchase	566,169	1,358,434
Total Financial Liabilities	108,354,626	94,554,548
Insurance | Fair Value
Financial Assets:
Mortgage and Other Loan Receivables	43,624,641	35,539,059
Policy Loans	1,616,942	1,341,005
FHLB Common Stock and Other Investments	175,188	173,148
Funds Withheld Receivables at Interest	2,507,648	2,624,984
Cash and Cash Equivalents	7,710,857	11,954,675
Restricted Cash and Cash Equivalents	360,705	342,954
Total Financial Assets	55,995,981	51,975,825
Financial Liabilities:
Policy Liabilities – Policyholder Account Balances	56,229,772	52,362,414
Funds Withheld Payable at Interest	46,844,310	36,786,825
Debt Obligations	3,560,359	2,396,587
Securities Sold Under Agreements to Repurchase	566,169	1,358,434
Total Financial Liabilities	107,200,610	92,904,260
Insurance | Fair Value | Level I
Financial Assets:
Mortgage and Other Loan Receivables	0	0
Policy Loans	0	0
FHLB Common Stock and Other Investments	0	0
Funds Withheld Receivables at Interest	0	0
Cash and Cash Equivalents	7,710,857	11,954,675
Restricted Cash and Cash Equivalents	360,705	342,954
Total Financial Assets	8,071,562	12,297,629
Financial Liabilities:
Policy Liabilities – Policyholder Account Balances	0	0
Funds Withheld Payable at Interest	0	0
Debt Obligations	0	0
Securities Sold Under Agreements to Repurchase	0	0
Total Financial Liabilities	0	0
Insurance | Fair Value | Level II
Financial Assets:
Mortgage and Other Loan Receivables	0	0
Policy Loans	0	0
FHLB Common Stock and Other Investments	0	0
Funds Withheld Receivables at Interest	2,507,648	2,624,984
Cash and Cash Equivalents	0	0
Restricted Cash and Cash Equivalents	0	0
Total Financial Assets	2,507,648	2,624,984
Financial Liabilities:
Policy Liabilities – Policyholder Account Balances	49,181,507	45,395,423
Funds Withheld Payable at Interest	46,844,310	36,786,825
Debt Obligations	0	0
Securities Sold Under Agreements to Repurchase	566,169	1,358,434
Total Financial Liabilities	96,591,986	83,540,682
Insurance | Fair Value | Level III
Financial Assets:
Mortgage and Other Loan Receivables	43,624,641	35,539,059
Policy Loans	1,616,942	1,341,005
FHLB Common Stock and Other Investments	175,188	173,148
Funds Withheld Receivables at Interest	0	0
Cash and Cash Equivalents	0	0
Restricted Cash and Cash Equivalents	0	0
Total Financial Assets	45,416,771	37,053,212
Financial Liabilities:
Policy Liabilities – Policyholder Account Balances	7,048,265	6,966,991
Funds Withheld Payable at Interest	0	0
Debt Obligations	3,560,359	2,396,587
Securities Sold Under Agreements to Repurchase	0	0
Total Financial Liabilities	$ 10,608,624	$ 9,363,578

FAIR VALUE OPTION - Financial I

FAIR VALUE OPTION - Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	$ 30,439,746	$ 30,326,496
Liabilities	26,524,700	26,598,959
Asset Management and Strategic Holdings
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	28,390,714	28,470,182
Liabilities	25,253,120	25,276,404
Insurance
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	2,049,032	1,856,314
Liabilities	1,271,580	1,322,555
Credit | Asset Management and Strategic Holdings
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	993,967	976,978
Investments of Consolidated CFEs | Asset Management and Strategic Holdings
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	24,890,663	24,996,298
Real Assets | Asset Management and Strategic Holdings
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	57,869	59,721
Equity Method - Other | Asset Management and Strategic Holdings
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	2,314,065	2,283,588
Mortgage and Other Loan Receivables | Insurance
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	603,200	697,402
Other Investments | Asset Management and Strategic Holdings
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	134,150	153,597
Other Investments | Insurance
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	519,137	232,877
Reinsurance Recoverable | Insurance
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	926,695	926,035
Debt Obligations of Consolidated CFEs | Asset Management and Strategic Holdings
Fair Value, Option, Quantitative Disclosures [Line Items]
Liabilities	25,253,120	25,276,404
Policy Liabilities | Insurance
Fair Value, Option, Quantitative Disclosures [Line Items]
Liabilities	$ 1,271,580	$ 1,322,555

FAIR VALUE OPTION - Change in F

FAIR VALUE OPTION - Change in Fair Value (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value, option, assets, net realized gains (losses)	$ 12,162	$ (31,835)	$ 25,139	$ (9,663)
Fair value, option, liabilities, net realized gains (losses)	(3,356)	0	(3,524)	0
Fair value, option, assets, net unrealized gains (losses)	(212,243)	325,168	(213,958)	501,174
Fair value, option, liabilities, net unrealized gains (losses)	105,784	(259,930)	67,989	(635,824)
Fair value, option, assets, total gains (losses)	(200,081)	293,333	(188,819)	491,511
Fair value, option, liabilities, total gains (losses)	102,428	(259,930)	64,465	(635,824)
Asset Management and Strategic Holdings
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value, option, assets, net realized gains (losses)	12,162	(31,835)	25,139	(9,663)
Fair value, option, liabilities, net realized gains (losses)	(3,356)	0	(3,524)	0
Fair value, option, assets, net unrealized gains (losses)	(211,758)	321,277	(169,406)	550,619
Fair value, option, liabilities, net unrealized gains (losses)	89,187	(258,665)	10,291	(635,153)
Fair value, option, assets, total gains (losses)	(199,596)	289,442	(144,267)	540,956
Fair value, option, liabilities, total gains (losses)	85,831	(258,665)	6,767	(635,153)
Insurance
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value, option, assets, net realized gains (losses)	0	0	0	0
Fair value, option, liabilities, net realized gains (losses)	0	0	0	0
Fair value, option, assets, net unrealized gains (losses)	(485)	3,891	(44,552)	(49,445)
Fair value, option, liabilities, net unrealized gains (losses)	16,597	(1,265)	57,698	(671)
Fair value, option, assets, total gains (losses)	(485)	3,891	(44,552)	(49,445)
Fair value, option, liabilities, total gains (losses)	16,597	(1,265)	57,698	(671)
Credit | Asset Management and Strategic Holdings
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value, option, assets, net realized gains (losses)	6,933	(52,593)	(540)	(60,346)
Fair value, option, assets, net unrealized gains (losses)	(16,822)	63,266	(1,966)	56,295
Fair value, option, assets, total gains (losses)	(9,889)	10,673	(2,506)	(4,051)
Investments of Consolidated CFEs | Asset Management and Strategic Holdings
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value, option, assets, net realized gains (losses)	(1,715)	(44,865)	3,290	(49,882)
Fair value, option, assets, net unrealized gains (losses)	(89,021)	251,101	7,952	568,982
Fair value, option, assets, total gains (losses)	(90,736)	206,236	11,242	519,100
Real Assets | Asset Management and Strategic Holdings
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value, option, assets, net realized gains (losses)	0	51,637	0	51,637
Fair value, option, assets, net unrealized gains (losses)	(741)	(48,294)	(1,852)	(56,597)
Fair value, option, assets, total gains (losses)	(741)	3,343	(1,852)	(4,960)
Equity Method - Other | Asset Management and Strategic Holdings
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value, option, assets, net realized gains (losses)	7,062	14,061	22,507	47,367
Fair value, option, assets, net unrealized gains (losses)	(106,160)	59,443	(174,403)	(16,300)
Fair value, option, assets, total gains (losses)	(99,098)	73,504	(151,896)	31,067
Mortgage and Other Loan Receivables | Insurance
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value, option, assets, net realized gains (losses)	0	0	0	0
Fair value, option, assets, net unrealized gains (losses)	12,837	12,540	8,449	6,196
Fair value, option, assets, total gains (losses)	12,837	12,540	8,449	6,196
Other Investments | Asset Management and Strategic Holdings
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value, option, assets, net realized gains (losses)	(118)	(75)	(118)	1,561
Fair value, option, assets, net unrealized gains (losses)	986	(4,239)	863	(1,761)
Fair value, option, assets, total gains (losses)	868	(4,314)	745	(200)
Other Investments | Insurance
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value, option, assets, net realized gains (losses)	0	0	0	0
Fair value, option, assets, net unrealized gains (losses)	(13,322)	(8,649)	(53,001)	(55,641)
Fair value, option, assets, total gains (losses)	(13,322)	(8,649)	(53,001)	(55,641)
Debt Obligations of Consolidated CFEs | Asset Management and Strategic Holdings
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value, option, liabilities, net realized gains (losses)	(3,356)	0	(3,524)	0
Fair value, option, liabilities, net unrealized gains (losses)	89,187	(258,665)	10,291	(635,153)
Fair value, option, liabilities, total gains (losses)	85,831	(258,665)	6,767	(635,153)
Policy Liabilities | Insurance
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value, option, liabilities, net realized gains (losses)	0	0	0	0
Fair value, option, liabilities, net unrealized gains (losses)	16,597	(1,265)	57,698	(671)
Fair value, option, liabilities, total gains (losses)	$ 16,597	$ (1,265)	$ 57,698	$ (671)

INSURANCE INTANGIBLES, UNEARN_3

INSURANCE INTANGIBLES, UNEARNED REVENUE RESERVES AND UNEARNED FRONT-END LOADS - Reconciliation of Insurance Intangibles (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Present Value of Future Insurance Profit [Line Items]
Deferred Acquisition Costs	$ 1,376,170	$ 1,154,697	$ 973,471	$ 820,970
Value of Business Acquired	1,209,232	1,252,984	$ 1,270,894	$ 1,316,529
Insurance
Present Value of Future Insurance Profit [Line Items]
Deferred Acquisition Costs	1,376,170	1,154,697
Value of Business Acquired	1,209,232	1,252,984
Cost-of-reinsurance Intangibles	2,319,281	2,043,143
Total Insurance Intangibles	$ 4,904,683	$ 4,450,824

INSURANCE INTANGIBLES, UNEARN_4

INSURANCE INTANGIBLES, UNEARNED REVENUE RESERVES AND UNEARNED FRONT-END LOADS - Deferred Policy Acquisition Costs (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, as of the Beginning of the Period	$ 1,154,697	$ 820,970
Capitalizations	327,175	219,457
Amortization Expense	(105,702)	(66,956)
Balance, as of the End of the Period	1,376,170	973,471
Fixed Rate Annuities
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, as of the Beginning of the Period	373,863	221,679
Capitalizations	131,448	79,572
Amortization Expense	(50,770)	(29,119)
Balance, as of the End of the Period	454,541	272,132
Fixed Indexed Annuities
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, as of the Beginning of the Period	481,970	367,813
Capitalizations	158,733	88,945
Amortization Expense	(41,817)	(27,531)
Balance, as of the End of the Period	598,886	429,227
Interest Sensitive Life
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, as of the Beginning of the Period	132,079	116,021
Capitalizations	4,510	16,396
Amortization Expense	(4,388)	(3,270)
Balance, as of the End of the Period	132,201	129,147
Other
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, as of the Beginning of the Period	166,785	115,457
Capitalizations	32,484	34,544
Amortization Expense	(8,727)	(7,036)
Balance, as of the End of the Period	$ 190,542	$ 142,965

INSURANCE INTANGIBLES, UNEARN_5

INSURANCE INTANGIBLES, UNEARNED REVENUE RESERVES AND UNEARNED FRONT-END LOADS - Value of Business Acquired Asset (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Movement in Present Value of Future Insurance Profits [Roll Forward]
Balance, as of the Beginning of the Period	$ 1,252,984	$ 1,316,529
Amortization Expense	(43,752)	(45,635)
Balance, as of the End of the Period	1,209,232	1,270,894
Fixed Rate Annuities
Movement in Present Value of Future Insurance Profits [Roll Forward]
Balance, as of the Beginning of the Period	44,922	48,762
Amortization Expense	(1,868)	(1,937)
Balance, as of the End of the Period	43,054	46,825
Fixed Indexed Annuities
Movement in Present Value of Future Insurance Profits [Roll Forward]
Balance, as of the Beginning of the Period	621,372	663,296
Amortization Expense	(21,302)	(20,595)
Balance, as of the End of the Period	600,070	642,701
Interest Sensitive Life
Movement in Present Value of Future Insurance Profits [Roll Forward]
Balance, as of the Beginning of the Period	262,942	276,795
Amortization Expense	(6,863)	(6,785)
Balance, as of the End of the Period	256,079	270,010
Variable Annuities
Movement in Present Value of Future Insurance Profits [Roll Forward]
Balance, as of the Beginning of the Period	245,042	241,778
Amortization Expense	(10,333)	(12,649)
Balance, as of the End of the Period	234,709	229,129
Other
Movement in Present Value of Future Insurance Profits [Roll Forward]
Balance, as of the Beginning of the Period	78,706	85,898
Amortization Expense	(3,386)	(3,669)
Balance, as of the End of the Period	$ 75,320	$ 82,229

INSURANCE INTANGIBLES, UNEARN_6

INSURANCE INTANGIBLES, UNEARNED REVENUE RESERVES AND UNEARNED FRONT-END LOADS - Value of Business Acquired Liability (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Movement In Value Of Business Acquired Liability [Roll Forward]
Balance, as of the Beginning of the Period	$ 867,932	$ 1,004,124
Amortization Expense	(53,583)	(68,194)
Balance, as of the End of the Period	814,349	935,930
Fixed Rate Annuities
Movement In Value Of Business Acquired Liability [Roll Forward]
Balance, as of the Beginning of the Period	65,966	98,342
Amortization Expense	(12,567)	(16,799)
Balance, as of the End of the Period	53,399	81,543
Fixed Indexed Annuities
Movement In Value Of Business Acquired Liability [Roll Forward]
Balance, as of the Beginning of the Period	106,538	145,610
Amortization Expense	(17,252)	(19,828)
Balance, as of the End of the Period	89,286	125,782
Interest Sensitive Life
Movement In Value Of Business Acquired Liability [Roll Forward]
Balance, as of the Beginning of the Period	421,213	461,592
Amortization Expense	(13,909)	(17,857)
Balance, as of the End of the Period	407,304	443,735
Variable Annuities
Movement In Value Of Business Acquired Liability [Roll Forward]
Balance, as of the Beginning of the Period	91,295	99,776
Amortization Expense	(3,100)	(4,801)
Balance, as of the End of the Period	88,195	94,975
Other
Movement In Value Of Business Acquired Liability [Roll Forward]
Balance, as of the Beginning of the Period	182,920	198,804
Amortization Expense	(6,755)	(8,909)
Balance, as of the End of the Period	$ 176,165	$ 189,895

INSURANCE INTANGIBLES, UNEARN_7

INSURANCE INTANGIBLES, UNEARNED REVENUE RESERVES AND UNEARNED FRONT-END LOADS - Unearned Revenue Reserve (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]
Balance, as of the Beginning of the Period	$ 235,100
Balance, as of the End of the Period	243,800
Certain Universal Life Insurance Products And Preneed Contracts
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]
Balance, as of the Beginning of the Period	178,053	$ 118,186
Deferral	34,544	36,360
Amortized to Income during the Period	(7,735)	(5,341)
Balance, as of the End of the Period	$ 204,862	$ 149,205

REINSURANCE - Effects of Reinsu

REINSURANCE - Effects of Reinsurance Agreements (Details) - Insurance - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Policy Liabilities:
Direct	$ 79,691,450	$ 75,715,857
Assumed	98,141,160	84,342,414
Total Policy Liabilities	177,832,610	160,058,271
Ceded	(45,282,565)	(35,773,958)
Net Policy Liabilities	$ 132,550,045	$ 124,284,313

REINSURANCE - Credit Quality In

REINSURANCE - Credit Quality Indicator (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	$ 48,095,912	$ 39,343,524
Credit Enhancements	43,943,834	34,025,326
Net Reinsurance Credit Exposure	4,455,845	5,318,426
Credit loss allowance	24,200	21,000
A++
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	31,937	38,857
Credit Enhancements	0	0
Net Reinsurance Credit Exposure	31,937	38,857
A+
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	1,711,803	1,801,954
Credit Enhancements	0	0
Net Reinsurance Credit Exposure	1,711,803	1,801,954
A
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	2,218,665	2,212,800
Credit Enhancements	0	0
Net Reinsurance Credit Exposure	2,218,665	2,212,800
A-
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	4,114,137	4,430,484
Credit Enhancements	3,621,593	3,814,976
Net Reinsurance Credit Exposure	492,544	615,508
B++
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	896	589
Credit Enhancements	0	0
Net Reinsurance Credit Exposure	896	589
B+
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	0	0
Credit Enhancements	0	0
Net Reinsurance Credit Exposure	0	0
B
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	0	0
Credit Enhancements	0	0
Net Reinsurance Credit Exposure	0	0
B-
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	0	0
Credit Enhancements	0	0
Net Reinsurance Credit Exposure	0	0
C++/C+
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	(230)	(228)
Credit Enhancements	0	0
Net Reinsurance Credit Exposure	0	0
Not rated or private rating
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	40,018,704	30,859,068
Credit Enhancements	40,322,241	30,210,350
Net Reinsurance Credit Exposure	0	648,718
Net reinsurance credit exposure associated with cessions to co-investment vehicles	$ 40,000,000	$ 30,800,000

REINSURANCE - Additional Inform

REINSURANCE - Additional Information (Details) $ in Millions	Jun. 30, 2024 USD ($) counterparty	Dec. 31, 2023 USD ($) counterparty
Effects of Reinsurance [Line Items]
Funds withheld receivable at interest	$ 2,600	$ 2,700
Number of counterparties | counterparty	6	6
Collateral held on behalf of reinsurers	$ 46,700	$ 36,700
Collateral held on our behalf by reinsurers	1,200	1,200
Reinsurer collateral, minimum amount held by trusts	97,400	81,800
Reinsurer collateral, reserves supported by trust assets	93,400	79,400
Cash Held In Trust
Effects of Reinsurance [Line Items]
Restricted cash	$ 164.4	$ 90.8

REINSURANCE - Effects of Rein_2

REINSURANCE - Effects of Reinsurance on Statements of Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Net Premiums:
Direct	$ 130,510	$ 33,255	$ 165,373	$ 65,908
Assumed	1,622,987	1,135,174	10,732,365	1,753,904
Ceded	(817,703)	(542,000)	(3,925,422)	(719,759)
Net Premiums	935,794	626,429	6,972,316	1,100,053
Policy Fees:
Direct	229,526	229,043	455,848	456,900
Assumed	264,553	105,673	438,971	210,262
Ceded	(160,179)	(19,334)	(231,972)	(37,978)
Net Policy Fees	333,900	315,382	662,847	629,184
Net Policy Benefits and Claims:
Direct	951,940	785,168	1,796,600	1,733,287
Assumed	2,481,881	1,583,542	12,381,880	2,600,478
Ceded	(1,234,661)	(632,696)	(4,718,251)	(1,070,697)
Net Policy Benefits and Claims	$ 2,199,160	$ 1,736,014	$ 9,460,229	$ 3,263,068

NET INCOME (LOSS) ATTRIBUTABL_3

NET INCOME (LOSS) ATTRIBUTABLE TO KKR & CO. INC. PER SHARE OF COMMON STOCK - Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
NET INCOME (LOSS) ATTRIBUTABLE TO KKR & CO. INC. PER SHARE OF COMMON STOCK
Net Income (Loss) Available to KKR & Co. Inc. Common Stockholders - Basic	$ 667,926	$ 844,463	$ 1,350,140	$ 1,167,207
Net Income (Loss) Available to KKR & Co. Inc. Common Stockholders - Diluted	667,926	861,712	1,350,140	1,201,706
Series C Mandatory Convertible Preferred Stock Dividends
NET INCOME (LOSS) ATTRIBUTABLE TO KKR & CO. INC. PER SHARE OF COMMON STOCK
Series C Mandatory Convertible Preferred Dividend (if dilutive)	$ 0	$ 17,249	$ 0	$ 34,499
Incremental Common Shares:
Assumed conversion of Series C Mandatory Convertible Preferred Stock (in shares)	0	26,894,799	0	26,858,884
Common Stock
Basic Net Income (Loss) Per Share of Common Stock
Weighted Average Shares of Common Stock Outstanding - Basic (in shares)	887,394,513	861,553,274	886,200,169	861,332,121
Net Income (Loss) Attributable to KKR & Co. Inc. Per Share of Common Stock - Basic (in dollars per share)	$ 0.75	$ 0.98	$ 1.52	$ 1.36
Diluted Net Income (Loss) Per Share of Common Stock
Weighted Average Shares of Common Stock Outstanding - Basic (in shares)	887,394,513	861,553,274	886,200,169	861,332,121
Incremental Common Shares:
Assumed vesting of dilutive equity awards (in shares)	44,651,873	23,699,808	42,393,608	24,877,562
Weighted Average Shares of Common Stock Outstanding - Diluted (in shares)	932,046,386	912,147,881	928,593,777	913,068,567
Net Income (Loss) Attributable to KKR & Co. Inc. Per Share of Common Stock - Diluted (in dollars per share)	$ 0.72	$ 0.94	$ 1.45	$ 1.32

NET INCOME (LOSS) ATTRIBUTABL_4

NET INCOME (LOSS) ATTRIBUTABLE TO KKR & CO. INC. PER SHARE OF COMMON STOCK - Antidilutive Securities (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Restricted Holding Units (RHUs)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Weighted Average Vested Restricted Holdings Units (in shares)	7,009,382	3,869,444	6,374,499	3,285,537

NET INCOME (LOSS) ATTRIBUTABL_5

NET INCOME (LOSS) ATTRIBUTABLE TO KKR & CO. INC. PER SHARE OF COMMON STOCK - Narrative (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Common Stock | Market Condition Awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock excluded from earnings per share calculation (in shares)	26.4	22.5	29.7	22.5

OTHER ASSETS AND ACCRUED EXPE_3

OTHER ASSETS AND ACCRUED EXPENSES AND OTHER LIABILITIES - Other Assets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Segment Reporting, Asset Reconciling Item [Line Items]
Market Risk Benefit Asset	$ 182		$ 182		$ 17
Total Other Assets	10,732,167		10,732,167		9,858,930
KJR Management | Goodwill
Segment Reporting, Asset Reconciling Item [Line Items]
Cumulative foreign currency translation adjustments included in AOCI	(92,600)		(92,600)
KJR Management | Finite-Lived Intangible Assets
Segment Reporting, Asset Reconciling Item [Line Items]
Cumulative foreign currency translation adjustments included in AOCI	(315,700)		(315,700)
Asset Management and Strategic Holdings
Segment Reporting, Asset Reconciling Item [Line Items]
Unsettled Investment Sales and Derivative Collateral Receivables	474,740		474,740		271,544
Receivables	173,642		173,642		55,602
Due from Broker	70,140		70,140		76,075
Deferred Tax Assets, net	42,377		42,377		48,580
Interest Receivable	382,608		382,608		351,999
Fixed Assets, net	857,716		857,716		863,096
Foreign Exchange Contracts and Options	274,943		274,943		264,621
Goodwill	499,867		499,867		558,279
Intangible Assets	1,425,327		1,425,327		1,624,648
Derivative Assets	9,119		9,119		4,792
Prepaid Taxes	224,009		224,009		211,966
Prepaid Expenses	$ 49,082		$ 49,082		$ 56,828
Operating lease, right-of-use asset, statement of financial position	Total Other Assets		Total Other Assets		Total Other Assets
Operating Lease Right of Use Assets	$ 329,512		$ 329,512		$ 358,684
Deferred Financing Costs	19,307		19,307		19,213
Other	247,872		247,872		209,296
Total Other Assets	5,080,261		5,080,261		4,975,223
Accumulated depreciation and amortization of fixed assets	292,400		292,400		257,400
Depreciation and amortization expense of fixed assets	17,900	$ 16,600	35,800	$ 32,400
Operating lease cost	16,700	17,700	33,300	33,400
Insurance
Segment Reporting, Asset Reconciling Item [Line Items]
Unsettled Investment Sales and Derivative Collateral Receivables	23,910		23,910		27,562
Deferred Tax Assets, net	2,752,645		2,752,645		2,273,757
Goodwill	501,496		501,496		501,496
Derivative Assets	31,007		31,007		45,694
Accrued Investment Income	1,428,261		1,428,261		1,220,781
Prepaid Taxes	49,400		49,400		42,294
Intangible Assets and Deferred Sales Inducements	$ 284,815		$ 284,815		$ 258,529
Operating lease, right-of-use asset, statement of financial position	Total Other Assets		Total Other Assets		Total Other Assets
Operating Lease Right of Use Assets	$ 169,145		$ 169,145		$ 172,955
Deferred Financing Costs	(59,300)		(59,300)		(36,500)
Premiums and Other Account Receivables	239,391		239,391		188,136
Other	171,654		171,654		152,486
Market Risk Benefit Asset	182		182		17
Total Other Assets	5,651,906		5,651,906		$ 4,883,707
Operating lease cost	$ 6,300	6,800	$ 9,900	13,600
Definite lived intangible assets, useful life	14 years		14 years
Amortization expense	$ 4,400	$ 4,400	$ 8,800	$ 8,800

OTHER ASSETS AND ACCRUED EXPE_4

OTHER ASSETS AND ACCRUED EXPENSES AND OTHER LIABILITIES - Accounts Payable, Accrued Expenses and Other Liabilities (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Lessee, Lease, Description [Line Items]
Securities Sold Under Agreements to Repurchase	$ 588,407	$ 1,413,068
Total Accrued Expenses and Other Liabilities	12,669,270	10,974,421
Asset Management and Strategic Holdings
Lessee, Lease, Description [Line Items]
Amounts Payable to Carry Pool	3,988,966	2,664,694
Unsettled Investment Purchases and Derivative Collateral Liabilities	1,128,579	574,986
Securities Sold Short	134,297	149,136
Derivative Liabilities	70	2,382
Accrued Compensation and Benefits	276,304	210,625
Interest Payable	496,491	492,501
Foreign Exchange Contracts and Options	226,240	441,608
Accounts Payable and Accrued Expenses	434,886	221,851
Taxes Payable	55,524	39,255
Uncertain Tax Positions	25,063	23,579
Unfunded Revolver Commitments	$ 98,327	$ 94,683
Operating lease, liability, statement of financial position	Total Accrued Expenses and Other Liabilities	Total Accrued Expenses and Other Liabilities
Operating Lease Liabilities	$ 333,904	$ 360,852
Deferred Tax Liabilities, net	2,568,268	2,370,118
Other Liabilities	102,099	72,145
Total Accrued Expenses and Other Liabilities	$ 9,869,018	$ 7,718,415
Operating lease, weighted average remaining lease term	10 years 2 months 12 days	10 years 3 months 18 days
Operating lease, weighted average discount rate	2.90%	2.90%
Asset Management and Strategic Holdings | Minimum
Lessee, Lease, Description [Line Items]
Operating lease, remaining lease term	1 year
Operating lease, maximum extension term	5 years
Asset Management and Strategic Holdings | Maximum
Lessee, Lease, Description [Line Items]
Operating lease, remaining lease term	17 years
Operating lease, maximum extension term	10 years
Insurance
Lessee, Lease, Description [Line Items]
Unsettled Investment Purchases and Derivative Collateral Liabilities	$ 648,859	$ 205,669
Derivative Liabilities	304,162	146,197
Interest Payable	$ 33,126	$ 15,894
Operating lease, liability, statement of financial position	Total Accrued Expenses and Other Liabilities	Total Accrued Expenses and Other Liabilities
Operating Lease Liabilities	$ 190,359	$ 193,566
Securities Sold Under Agreements to Repurchase	566,169	1,358,434
Accrued Expenses	620,949	607,262
Insurance Operations Balances in Course of Settlement	278,095	250,367
Accrued Employee Related Expenses	67,179	370,984
Tax Payable to Former Parent Company	48,386	62,545
Accounts and Commissions Payable	28,978	32,104
Other Tax Related Liabilities	13,990	12,984
Total Accrued Expenses and Other Liabilities	$ 2,800,252	$ 3,256,006
Operating lease, weighted average remaining lease term	7 years 7 months 6 days	7 years 7 months 6 days
Operating lease, weighted average discount rate	4.70%	4.40%
Operating lease, optional extension period	10 years
Insurance | Land
Lessee, Lease, Description [Line Items]
Operating lease, weighted average remaining lease term	42 years 9 months 18 days	43 years 8 months 12 days
Insurance | Minimum
Lessee, Lease, Description [Line Items]
Operating lease, remaining lease term	1 year
Insurance | Maximum
Lessee, Lease, Description [Line Items]
Operating lease, remaining lease term	11 years

VARIABLE INTEREST ENTITIES - Na

VARIABLE INTEREST ENTITIES - Narrative (Details) - Investments in Unconsolidated Investment Funds $ in Millions	Jun. 30, 2024 USD ($)
Asset Management and Strategic Holdings
Variable Interest Entity [Line Items]
Commitment to unconsolidated investment funds	$ 3,200
Insurance
Variable Interest Entity [Line Items]
Unfunded commitments	$ 26

VARIABLE INTEREST ENTITIES - Ma

VARIABLE INTEREST ENTITIES - Maximum Exposure to Loss (Details) - Investments in Unconsolidated CLO Vehicles - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Variable Interest Entity [Line Items]
Total Maximum Exposure to Loss	$ 11,395,250	$ 9,200,593
Asset Management and Strategic Holdings
Variable Interest Entity [Line Items]
Investments	9,241,215	7,877,904
Due from (to) Affiliates, net	1,313,837	1,097,939
Total Maximum Exposure to Loss	10,555,052	8,975,843
Insurance
Variable Interest Entity [Line Items]
Investments	795,263	169,265
Investment in Renewable Energy	44,935	55,485
Total Maximum Exposure to Loss	$ 840,198	$ 224,750

DEBT OBLIGATIONS - Schedule of

DEBT OBLIGATIONS - Schedule of Debt Obligations (Details) - Asset Management and Strategic Holdings - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Financing Available	$ 10,800,520	$ 9,605,184
Principal	45,921,233	45,414,041
Carrying Value	45,396,247	44,886,870
Fair Value	44,175,192	43,681,627
Total KKR & KFN Notes
Debt Instrument [Line Items]
Principal	8,565,743	8,139,538
Carrying Value	8,424,527	7,978,871
Fair Value	7,355,663	6,981,707
Revolving Credit Facility
Debt Instrument [Line Items]
Financing Available	2,967,633	2,986,492
Revolving Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Financing Available	2,967,633	2,986,492
Under 1 Year | Revolving Credit Facility
Debt Instrument [Line Items]
Financing Available	750,000	750,000
1-5 Years | Revolving Credit Facility
Debt Instrument [Line Items]
Financing Available	2,217,633	2,236,492
After 5 Years | Revolving Credit Facility
Debt Instrument [Line Items]
Financing Available	0	0
KKR USD Senior Notes | Senior Notes
Debt Instrument [Line Items]
Principal	5,000,000	5,000,000
Carrying Value	4,912,159	4,890,919
Fair Value	$ 4,133,109	$ 4,181,595
Weighted average interest rate (percentage)	4.23%	4.23%
Under 1 Year | Senior Notes
Debt Instrument [Line Items]
Principal	$ 0	$ 0
Carrying Value	0	0
Fair Value	0	0
1-5 Years | Senior Notes
Debt Instrument [Line Items]
Principal	750,000	0
Carrying Value	745,555	0
Fair Value	703,140	0
After 5 Years | Senior Notes
Debt Instrument [Line Items]
Principal	4,250,000	5,000,000
Carrying Value	4,166,604	4,890,919
Fair Value	3,429,969	4,181,595
KKR Yen Senior Notes | Senior Notes
Debt Instrument [Line Items]
Principal	1,421,071	973,621
Carrying Value	1,409,987	966,033
Fair Value	$ 1,383,119	$ 943,544
Weighted average interest rate (percentage)	1.67%	1.46%
Under 1 Year | Senior Notes
Debt Instrument [Line Items]
Principal	$ 31,069	$ 0
Carrying Value	30,986	0
Fair Value	31,013	0
1-5 Years | Senior Notes
Debt Instrument [Line Items]
Principal	811,508	610,552
Carrying Value	807,698	608,047
Fair Value	805,121	606,447
After 5 Years | Senior Notes
Debt Instrument [Line Items]
Principal	578,494	363,069
Carrying Value	571,303	357,986
Fair Value	546,985	337,097
KKR Euro Senior Notes | Senior Notes
Debt Instrument [Line Items]
Principal	696,155	717,400
Carrying Value	691,604	712,331
Fair Value	$ 627,354	$ 646,248
Weighted average interest rate (percentage)	1.63%	1.63%
Under 1 Year | Senior Notes
Debt Instrument [Line Items]
Principal	$ 0	$ 0
Carrying Value	0	0
Fair Value	0	0
1-5 Years | Senior Notes
Debt Instrument [Line Items]
Principal	696,155	717,400
Carrying Value	691,604	712,331
Fair Value	627,354	646,248
After 5 Years | Senior Notes
Debt Instrument [Line Items]
Principal	0	0
Carrying Value	0	0
Fair Value	0	0
KKR Subordinated Notes | Subordinated Notes
Debt Instrument [Line Items]
Principal	500,000	500,000
Carrying Value	486,933	486,755
Fair Value	$ 385,200	$ 377,400
Weighted average interest rate (percentage)	4.63%	4.63%
Under 1 Year | Subordinated Notes
Debt Instrument [Line Items]
Principal	$ 0	$ 0
Carrying Value	0	0
Fair Value	0	0
1-5 Years | Subordinated Notes
Debt Instrument [Line Items]
Principal	0	0
Carrying Value	0	0
Fair Value	0	0
After 5 Years | Subordinated Notes
Debt Instrument [Line Items]
Principal	500,000	500,000
Carrying Value	486,933	486,755
Fair Value	385,200	377,400
KFN USD Senior Notes | Senior Notes | KFN
Debt Instrument [Line Items]
Principal	690,000	690,000
Carrying Value	684,379	684,032
Fair Value	$ 613,250	$ 624,018
Weighted average interest rate (percentage)	5.44%	5.44%
Under 1 Year | Senior Notes | KFN
Debt Instrument [Line Items]
Principal	$ 0	$ 0
Carrying Value	0	0
Fair Value	0	0
1-5 Years | Senior Notes | KFN
Debt Instrument [Line Items]
Principal	0	0
Carrying Value	0	0
Fair Value	0	0
After 5 Years | Senior Notes | KFN
Debt Instrument [Line Items]
Principal	690,000	690,000
Carrying Value	684,379	684,032
Fair Value	613,250	624,018
KFN Junior Subordinated Notes | Junior Subordinated Notes | KFN
Debt Instrument [Line Items]
Principal	258,517	258,517
Carrying Value	239,465	238,801
Fair Value	$ 213,631	$ 208,902
Weighted average interest rate (percentage)	8.10%	8.10%
Weighted average remaining maturity (in years)	12 years 3 months 18 days	12 years 9 months 18 days
Under 1 Year | Junior Subordinated Notes | KFN
Debt Instrument [Line Items]
Principal	$ 0	$ 0
Carrying Value	0	0
Fair Value	0	0
1-5 Years | Junior Subordinated Notes | KFN
Debt Instrument [Line Items]
Principal	0	0
Carrying Value	0	0
Fair Value	0	0
After 5 Years | Junior Subordinated Notes | KFN
Debt Instrument [Line Items]
Principal	258,517	258,517
Carrying Value	239,465	238,801
Fair Value	213,631	208,902
Other Debt Obligations
Debt Instrument [Line Items]
Financing Available	7,832,887	6,618,692
Principal	37,355,490	37,274,503
Carrying Value	36,971,720	36,907,999
Fair Value	$ 36,819,529	$ 36,699,920

DEBT OBLIGATIONS - Third Amende

DEBT OBLIGATIONS - Third Amended and Restated Credit Agreement (Details) - Corporate Credit Agreement - Revolving Credit Facilities - Subsequent Event	Jul. 03, 2024 USD ($)
Debt Instrument [Line Items]
Covenant, leverage ratio, maximum	4
Covenant, fee paying assets under management, minimum amount	$ 150,000,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility, current borrowing capacity	2,750,000,000
Line of credit facility, maximum borrowing capacity, increase limit	750,000,000
Line of credit facility, maximum borrowing capacity	$ 3,500,000,000
Debt instrument, term	5 years

DEBT OBLIGATIONS - KKR Group Fi

DEBT OBLIGATIONS - KKR Group Finance Co. XI LLC May 2024 Notes Offering (Details) - Senior Notes - KKR Group Finance Co. XI LLC	May 30, 2024 JPY (¥)
Senior Notes Due 2029
Debt Instrument [Line Items]
Aggregate principal amount	¥ 44,600,000,000
Interest rate, stated percentage	1.559%
Senior Notes Due 2031
Debt Instrument [Line Items]
Aggregate principal amount	¥ 1,000,000,000
Interest rate, stated percentage	1.762%
Senior Notes Due 2034
Debt Instrument [Line Items]
Aggregate principal amount	¥ 26,200,000,000
Interest rate, stated percentage	2.083%
Senior Notes Due 2044
Debt Instrument [Line Items]
Aggregate principal amount	¥ 10,000,000,000
Interest rate, stated percentage	2.719%
Senior Notes Due 2054
Debt Instrument [Line Items]
Aggregate principal amount	¥ 9,600,000,000
Interest rate, stated percentage	3.008%
Repurchase price in cash, percentage of aggregate principal amount	101%

DEBT OBLIGATIONS - KCM 364-Day

DEBT OBLIGATIONS - KCM 364-Day Revolving Credit Facility (Details) - Revolving Credit Facility - Asset Management and Strategic Holdings - USD ($)	Apr. 04, 2024	Apr. 07, 2023
KCM 364-Day Revolving Credit Facility
Debt Instrument [Line Items]
Debt instrument, term	364 days
Line of credit facility, maximum borrowing capacity	$ 750,000,000
KCM 364-Day Revolving Credit Facility | Sterling Overnight Interbank Average Rate (SONIA) | Revolving Credit Facilities | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.50%
KCM 364-Day Revolving Credit Facility | Sterling Overnight Interbank Average Rate (SONIA) | Revolving Credit Facilities | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2.75%
KCM 364-Day Revolving Credit Facility | Federal Funds Rate | Revolving Credit Facilities
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.50%
KCM 364-Day Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) | Revolving Credit Facilities
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1%
KCM 364-Day Revolving Credit Facility | Base Rate | Revolving Credit Facilities | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.50%
KCM 364-Day Revolving Credit Facility | Base Rate | Revolving Credit Facilities | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.75%
KCM Short-term Credit Agreement
Debt Instrument [Line Items]
Debt instrument, term		364 days
KCM Credit Facility
Debt Instrument [Line Items]
Debt instrument, term	5 years
Line of credit facility, maximum borrowing capacity	$ 750,000,000
KCM Credit Facility | Sterling Overnight Interbank Average Rate (SONIA) | Revolving Credit Facilities | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.75%
KCM Credit Facility | Sterling Overnight Interbank Average Rate (SONIA) | Revolving Credit Facilities | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	3%
KCM Credit Facility | Federal Funds Rate | Revolving Credit Facilities
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.50%
KCM Credit Facility | Secured Overnight Financing Rate (SOFR) | Revolving Credit Facilities
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1%
KCM Credit Facility | Base Rate | Revolving Credit Facilities | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.75%
KCM Credit Facility | Base Rate | Revolving Credit Facilities | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2%

DEBT OBLIGATIONS - KCM Credit F

DEBT OBLIGATIONS - KCM Credit Facility (Details) - KCM Credit Facility - Asset Management and Strategic Holdings	Apr. 04, 2024 USD ($)
Revolving Credit Facility
Debt Instrument [Line Items]
Debt instrument, term	5 years
Line of credit facility, maximum borrowing capacity	$ 750,000,000
Revolving Credit Facility | Sterling Overnight Interbank Average Rate (SONIA) | Revolving Credit Facilities | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.75%
Revolving Credit Facility | Sterling Overnight Interbank Average Rate (SONIA) | Revolving Credit Facilities | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	3%
Revolving Credit Facility | Federal Funds Rate | Revolving Credit Facilities
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.50%
Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) | Revolving Credit Facilities
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1%
Revolving Credit Facility | Base Rate | Revolving Credit Facilities | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.75%
Revolving Credit Facility | Base Rate | Revolving Credit Facilities | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2%
Letter of Credit | Revolving Credit Facilities
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 750,000,000

DEBT OBLIGATIONS - Other Asset

DEBT OBLIGATIONS - Other Asset Management and Strategic Holdings Debt Obligations (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023
Debt Instrument [Line Items]
Total assets	$ 348,469,179	$ 317,294,194	$ 287,694,799
Consolidated VIEs
Debt Instrument [Line Items]
Total assets	115,958,204	109,927,538
Consolidated VIEs | Consolidated CFEs
Debt Instrument [Line Items]
Total assets	27,614,315	27,135,648
Asset Management and Strategic Holdings
Debt Instrument [Line Items]
Financing Available	10,800,520	9,605,184
Principal	45,921,233	45,414,041
Carrying Value	45,396,247	44,886,870
Fair Value	44,175,192	43,681,627
Total assets	116,742,204	113,567,367
Asset Management and Strategic Holdings | Consolidated VIEs
Debt Instrument [Line Items]
Carrying Value	34,176,838	33,830,853
Total assets	88,875,337	86,096,876
Asset Management and Strategic Holdings | Consolidated VIEs | Consolidated CFEs
Debt Instrument [Line Items]
Carrying Value	25,253,120	25,276,404
Total assets	27,614,315	27,135,648
Financing Facilities of Consolidated Funds and Other | Asset Management and Strategic Holdings
Debt Instrument [Line Items]
Financing Available	7,832,887
Principal	11,745,438
Carrying Value	11,718,600
Fair Value	$ 11,566,409
Weighted Average Interest Rate	6.50%
Weighted Average Remaining Maturity in Years	4 years 4 months 24 days
Borrowings collateralized by fund investments	$ 2,800,000
Debt Obligations of Consolidated CFEs | Asset Management and Strategic Holdings | Consolidated CFE
Debt Instrument [Line Items]
Financing Available	0
Principal	25,610,052
Carrying Value	25,253,120
Fair Value	$ 25,253,120
Weighted Average Interest Rate	6.80%
Weighted Average Remaining Maturity in Years	9 years 10 months 24 days
Other Debt Obligations | Asset Management and Strategic Holdings
Debt Instrument [Line Items]
Financing Available	$ 7,832,887	6,618,692
Principal	37,355,490	37,274,503
Carrying Value	36,971,720	36,907,999
Fair Value	$ 36,819,529	$ 36,699,920

DEBT OBLIGATIONS - Global Atlan

DEBT OBLIGATIONS - Global Atlantic's Debt Obligations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Debt
Debt Instrument [Line Items]
Cumulative amount of fair value hedging adjustments included in the carrying amount of hedged assets/(liabilities)	$ (214,778)		$ (214,778)		$ (165,817)
Insurance
Debt Instrument [Line Items]
Financing Available	1,305,300		1,305,300		800,000
Principal	3,934,700		3,934,700		2,750,000
Carrying Value	3,698,209		3,698,209		2,587,857
Fair Value	3,796,850		3,796,850		2,558,730
Purchase accounting adjustments	37,600		37,600		40,200
Deferred Financing Costs	(59,300)		(59,300)		$ (36,500)
Amortization of purchase accounting adjustments	$ 1,800	$ 800	$ 2,600	$ 1,600
Insurance | Senior Notes
Debt Instrument [Line Items]
Weighted Average Interest Rate	5.67%		5.67%		5.22%
Insurance | Subordinated Notes
Debt Instrument [Line Items]
Weighted Average Interest Rate	6.14%		6.14%		4.70%
Revolving Credit Facility | Insurance
Debt Instrument [Line Items]
Principal	$ 0		$ 0		$ 200,000
Carrying Value	0		0		200,000
Fair Value	0		0		200,000
Under 1 Year | Insurance
Debt Instrument [Line Items]
Principal	0		0		0
Carrying Value	0		0		0
Fair Value	0		0		0
1-5 Years | Insurance
Debt Instrument [Line Items]
Principal	0		0		200,000
Carrying Value	0		0		200,000
Fair Value	0		0		200,000
After 5 Years | Insurance
Debt Instrument [Line Items]
Principal	0		0		0
Carrying Value	0		0		0
Fair Value	0		0		0
Senior Notes | Insurance | Senior Notes
Debt Instrument [Line Items]
Principal	2,550,000		2,550,000		1,800,000
Carrying Value	2,334,126		2,334,126		1,648,467
Fair Value	2,460,705		2,460,705		1,715,155
Under 1 Year | Insurance | Senior Notes
Debt Instrument [Line Items]
Principal	0		0		0
Carrying Value	0		0		0
Fair Value	0		0		0
1-5 Years | Insurance | Senior Notes
Debt Instrument [Line Items]
Principal	0		0		0
Carrying Value	0		0		0
Fair Value	0		0		0
After 5 Years | Insurance | Senior Notes
Debt Instrument [Line Items]
Principal	2,550,000		2,550,000		1,800,000
Carrying Value	2,334,126		2,334,126		1,648,467
Fair Value	2,460,705		2,460,705		1,715,155
Subordinated Notes | Insurance | Subordinated Notes
Debt Instrument [Line Items]
Principal	1,350,000		1,350,000		750,000
Carrying Value	1,329,383		1,329,383		739,390
Fair Value	1,301,445		1,301,445		643,575
Under 1 Year | Insurance | Subordinated Notes
Debt Instrument [Line Items]
Principal	0		0		0
Carrying Value	0		0		0
Fair Value	0		0		0
1-5 Years | Insurance | Subordinated Notes
Debt Instrument [Line Items]
Principal	0		0		0
Carrying Value	0		0		0
Fair Value	0		0		0
After 5 Years | Insurance | Subordinated Notes
Debt Instrument [Line Items]
Principal	1,350,000		1,350,000		750,000
Carrying Value	1,329,383		1,329,383		739,390
Fair Value	1,301,445		1,301,445		643,575
Debt Obligations of Consolidated Special Purpose Vehicles | Insurance
Debt Instrument [Line Items]
Financing Available	305,300		305,300		0
Principal	34,700		34,700		0
Carrying Value	34,700		34,700		0
Fair Value	34,700		34,700		0
Revolving Credit Facility | Revolving Credit Facility | Insurance
Debt Instrument [Line Items]
Financing Available	1,000,000		1,000,000		800,000
Revolving Credit Facility | Under 1 Year | Insurance
Debt Instrument [Line Items]
Financing Available	0		0		0
Revolving Credit Facility | 1-5 Years | Insurance
Debt Instrument [Line Items]
Financing Available	1,000,000		1,000,000		800,000
Revolving Credit Facility | After 5 Years | Insurance
Debt Instrument [Line Items]
Financing Available	$ 0		$ 0		$ 0

DEBT OBLIGATIONS - Senior Notes

DEBT OBLIGATIONS - Senior Notes (Details) - Senior Notes - Global Atlantic Senior Notes Due 2054 - Insurance	1 Months Ended
	Mar. 31, 2024 USD ($)
Debt Instrument [Line Items]
Aggregate principal amount	$ 750,000,000
Interest rate, stated percentage	6.75%
Redemption price percentage	100%

DEBT OBLIGATIONS - Subordinated

DEBT OBLIGATIONS - Subordinated Notes (Details) - Global Atlantic Subordinated Debentures Due 2054 - Subordinated Debt - Insurance - USD ($)		6 Months Ended
	Jun. 11, 2024	Jun. 30, 2024
Debt Instrument [Line Items]
Aggregate principal amount	$ 600,000,000
Interest rate, stated percentage	7.95%
Debt instrument, basis spread on variable rate		3.608%
Payment deferral term	5 years
Debt instrument, period before subsequent interest reset	3 months
Redemption period one
Debt Instrument [Line Items]
Redemption price percentage	100%
Redemption period two
Debt Instrument [Line Items]
Redemption price percentage	100%
Redemption period three
Debt Instrument [Line Items]
Redemption price percentage	102%
Redemption period four
Debt Instrument [Line Items]
Redemption price percentage	100%

DEBT OBLIGATIONS - Global Atl_2

DEBT OBLIGATIONS - Global Atlantic Credit Agreement (Details) - Insurance - USD ($)		1 Months Ended
	May 09, 2024	Mar. 31, 2024
Global Atlantic Senior Notes Due 2054 | Senior Notes
Debt Instrument [Line Items]
Debt instrument repaid amount		$ 300,000,000
Revolving Credit Facility | Global Atlantic Credit Agreement | Revolving Credit Facilities
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 1,000,000,000
Revolving Credit Facility | Global Atlantic Credit Agreement | Minimum | Revolving Credit Facilities
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.225%
Commitment fee percentage	0.125%
Revolving Credit Facility | Global Atlantic Credit Agreement | Maximum | Revolving Credit Facilities
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.975%
Commitment fee percentage	0.30%
Letter of Credit | Global Atlantic Credit Agreement | Revolving Credit Facilities
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 500,000,000

POLICY LIABILITIES - Compositio

POLICY LIABILITIES - Composition of Policyholder Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Liability for Future Policy Benefit, Activity [Line Items]
Policyholders’ Account Balances	$ 132,487,893	$ 125,187,354	$ 113,601,314	$ 112,281,236
Market Risk Benefit Liability	1,019,763	1,120,968
Embedded derivative	5,000,000	4,000,000
Cost-of-reinsurance liabilities	3,000,000	1,800,000
Liability for future policy benefits, fair value option	1,200,000	1,200,000
Negative VOBA	814,349	867,932	$ 935,930	$ 1,004,124
Policy liabilities, outstanding claims	243,800	235,100
Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Policyholders’ Account Balances	132,487,893	125,187,354
Liability for Future Policy Benefits	26,186,400	17,823,750
Additional Liability for Annuitization, Death, or Other Insurance Benefits	7,303,662	7,129,785
Market Risk Benefit Liability	1,019,763	1,120,968
Other Policy-related Liabilities	10,834,892	8,796,414
Total Policy Liabilities	$ 177,832,610	$ 160,058,271

POLICY LIABILITIES - Balance an

POLICY LIABILITIES - Balance and Changes In Policyholder Account Balances (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Policyholder Account Balance [Roll Forward]
Beginning balance	$ 125,187,354	$ 112,281,236
Issuances and Premiums Received	17,329,389	8,302,257
Benefit Payments, Surrenders, and Withdrawals	(11,396,831)	(8,221,331)
Interest	2,057,052	1,448,080
Other Activity	(689,071)	(208,928)
Ending balance	132,487,893	113,601,314
Less: Reinsurance Recoverable	(25,949,084)	(16,594,655)
Balance as of End of Period, Net of Reinsurance Recoverable	$ 106,538,809	$ 97,006,659
Average Interest Rate	3.34%	2.59%
Net Amount at Risk, Gross of Reinsurance	$ 116,445,814	$ 84,498,311
Cash Surrender Value	96,136,954	84,864,801
Fixed Rate Annuities
Policyholder Account Balance [Roll Forward]
Beginning balance	56,762,736	48,510,703
Issuances and Premiums Received	9,926,540	4,806,261
Benefit Payments, Surrenders, and Withdrawals	(6,145,728)	(4,662,115)
Interest	1,053,040	714,552
Other Activity	(225,594)	(132,690)
Ending balance	61,370,994	49,236,711
Less: Reinsurance Recoverable	(11,423,532)	(6,849,070)
Balance as of End of Period, Net of Reinsurance Recoverable	$ 49,947,462	$ 42,387,641
Average Interest Rate	3.78%	2.90%
Net Amount at Risk, Gross of Reinsurance	$ 0	$ 0
Cash Surrender Value	46,935,572	39,742,358
Fixed Indexed Annuities
Policyholder Account Balance [Roll Forward]
Beginning balance	30,168,445	29,123,926
Issuances and Premiums Received	3,662,304	2,714,727
Benefit Payments, Surrenders, and Withdrawals	(2,704,230)	(2,005,875)
Interest	346,887	242,348
Other Activity	59,542	(20,889)
Ending balance	31,532,948	30,054,237
Less: Reinsurance Recoverable	(3,153,563)	(3,225,203)
Balance as of End of Period, Net of Reinsurance Recoverable	$ 28,379,385	$ 26,829,034
Average Interest Rate	2.48%	1.82%
Net Amount at Risk, Gross of Reinsurance	$ 0	$ 0
Cash Surrender Value	30,590,374	27,548,010
Interest Sensitive Life
Policyholder Account Balance [Roll Forward]
Beginning balance	21,969,053	17,397,185
Issuances and Premiums Received	1,414,207	361,289
Benefit Payments, Surrenders, and Withdrawals	(681,941)	(454,520)
Interest	352,641	233,704
Other Activity	(575,880)	(226,377)
Ending balance	22,478,080	17,311,281
Less: Reinsurance Recoverable	(7,628,349)	(3,499,441)
Balance as of End of Period, Net of Reinsurance Recoverable	$ 14,849,731	$ 13,811,840
Average Interest Rate	3.26%	3.14%
Net Amount at Risk, Gross of Reinsurance	$ 115,293,057	$ 83,314,521
Cash Surrender Value	14,067,672	12,894,769
Funding Agreements
Policyholder Account Balance [Roll Forward]
Beginning balance	7,015,998	7,535,489
Issuances and Premiums Received	895,933	200,000
Benefit Payments, Surrenders, and Withdrawals	(1,063,523)	(280,367)
Interest	138,914	108,293
Other Activity	(1,795)	41,456
Ending balance	6,985,527	7,604,871
Less: Reinsurance Recoverable	0	0
Balance as of End of Period, Net of Reinsurance Recoverable	$ 6,985,527	$ 7,604,871
Average Interest Rate	3.97%	2.88%
Net Amount at Risk, Gross of Reinsurance	$ 0	$ 0
Cash Surrender Value	0	0
Other
Policyholder Account Balance [Roll Forward]
Beginning balance	9,271,122	9,713,933
Issuances and Premiums Received	1,430,405	219,980
Benefit Payments, Surrenders, and Withdrawals	(801,409)	(818,454)
Interest	165,570	149,183
Other Activity	54,656	129,572
Ending balance	10,120,344	9,394,214
Less: Reinsurance Recoverable	(3,743,640)	(3,020,941)
Balance as of End of Period, Net of Reinsurance Recoverable	$ 6,376,704	$ 6,373,273
Average Interest Rate	3.33%	2.69%
Net Amount at Risk, Gross of Reinsurance	$ 1,152,757	$ 1,183,790
Cash Surrender Value	$ 4,543,336	$ 4,679,664

POLICY LIABILITIES - Guaranteed

POLICY LIABILITIES - Guaranteed Minimum Interest Rates (Details) $ in Thousands	Jun. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 83,097,944	$ 77,504,527
Percentage of Total	100%	100%
Less Than 1.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 35,631,458	$ 32,879,615
Less Than 1.00% | Maximum
Policyholder Account Balance [Line Items]
Range of guaranteed minimum crediting rates	1%	1%
1.00% - 1.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 14,545,469	$ 12,056,909
1.00% - 1.99% | Minimum
Policyholder Account Balance [Line Items]
Range of guaranteed minimum crediting rates	1%	1%
1.00% - 1.99% | Maximum
Policyholder Account Balance [Line Items]
Range of guaranteed minimum crediting rates	1.99%	1.99%
2.00% - 2.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 3,578,442	$ 2,416,645
2.00% - 2.99% | Minimum
Policyholder Account Balance [Line Items]
Range of guaranteed minimum crediting rates	2%	2%
2.00% - 2.99% | Maximum
Policyholder Account Balance [Line Items]
Range of guaranteed minimum crediting rates	2.99%	2.99%
3.00% - 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 15,710,726	$ 16,116,007
3.00% - 4.00% | Minimum
Policyholder Account Balance [Line Items]
Range of guaranteed minimum crediting rates	3%	3%
3.00% - 4.00% | Maximum
Policyholder Account Balance [Line Items]
Range of guaranteed minimum crediting rates	4%	4%
Greater Than 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 13,631,849	$ 14,035,351
Greater Than 4.00% | Minimum
Policyholder Account Balance [Line Items]
Range of guaranteed minimum crediting rates	4%	4%
At Guaranteed Minimum
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 28,260,408	$ 29,664,383
Percentage of Total	34%	38%
At Guaranteed Minimum | Less Than 1.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 3,242,952	$ 2,706,701
At Guaranteed Minimum | 1.00% - 1.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	1,403,418	1,471,320
At Guaranteed Minimum | 2.00% - 2.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	823,166	896,276
At Guaranteed Minimum | 3.00% - 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	11,028,961	12,494,439
At Guaranteed Minimum | Greater Than 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	11,761,911	12,095,647
1 - 49 bps Above Guaranteed Minimum
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 3,844,989	$ 3,656,222
Percentage of Total	5%	5%
1 - 49 bps Above Guaranteed Minimum | Minimum
Policyholder Account Balance [Line Items]
Account values with adjustable crediting rates subject to guaranteed minimums (basis points)	0.0001	0.0001
1 - 49 bps Above Guaranteed Minimum | Maximum
Policyholder Account Balance [Line Items]
Account values with adjustable crediting rates subject to guaranteed minimums (basis points)	0.0049	0.0049
1 - 49 bps Above Guaranteed Minimum | Less Than 1.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 37,341	$ 25,839
1 - 49 bps Above Guaranteed Minimum | 1.00% - 1.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	863,555	1,013,423
1 - 49 bps Above Guaranteed Minimum | 2.00% - 2.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	40,749	44,850
1 - 49 bps Above Guaranteed Minimum | 3.00% - 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	1,559,492	1,186,572
1 - 49 bps Above Guaranteed Minimum | Greater Than 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	1,343,852	1,385,538
50 - 99 bps Above Guaranteed Minimum
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 1,978,266	$ 2,268,138
Percentage of Total	2%	3%
50 - 99 bps Above Guaranteed Minimum | Minimum
Policyholder Account Balance [Line Items]
Account values with adjustable crediting rates subject to guaranteed minimums (basis points)	0.0050	0.0050
50 - 99 bps Above Guaranteed Minimum | Maximum
Policyholder Account Balance [Line Items]
Account values with adjustable crediting rates subject to guaranteed minimums (basis points)	0.0099	0.0099
50 - 99 bps Above Guaranteed Minimum | Less Than 1.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 463,984	$ 660,189
50 - 99 bps Above Guaranteed Minimum | 1.00% - 1.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	882,211	999,852
50 - 99 bps Above Guaranteed Minimum | 2.00% - 2.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	57,666	55,874
50 - 99 bps Above Guaranteed Minimum | 3.00% - 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	443,985	414,111
50 - 99 bps Above Guaranteed Minimum | Greater Than 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	130,420	138,112
100 - 150 bps Above Guaranteed Minimum
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 5,083,710	$ 6,695,501
Percentage of Total	6%	9%
100 - 150 bps Above Guaranteed Minimum | Minimum
Policyholder Account Balance [Line Items]
Account values with adjustable crediting rates subject to guaranteed minimums (basis points)	0.0100	0.0100
100 - 150 bps Above Guaranteed Minimum | Maximum
Policyholder Account Balance [Line Items]
Account values with adjustable crediting rates subject to guaranteed minimums (basis points)	0.0150	0.0150
100 - 150 bps Above Guaranteed Minimum | Less Than 1.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 1,594,694	$ 3,546,450
100 - 150 bps Above Guaranteed Minimum | 1.00% - 1.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	1,898,698	1,968,519
100 - 150 bps Above Guaranteed Minimum | 2.00% - 2.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	269,799	109,411
100 - 150 bps Above Guaranteed Minimum | 3.00% - 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	1,208,294	953,560
100 - 150 bps Above Guaranteed Minimum | Greater Than 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	112,225	117,561
Greater Than 150 bps Above Guaranteed Minimum
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 43,930,571	$ 35,220,283
Percentage of Total	53%	45%
Greater Than 150 bps Above Guaranteed Minimum | Minimum
Policyholder Account Balance [Line Items]
Account values with adjustable crediting rates subject to guaranteed minimums (basis points)	0.0150	0.0150
Greater Than 150 bps Above Guaranteed Minimum | Less Than 1.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 30,292,487	$ 25,940,436
Greater Than 150 bps Above Guaranteed Minimum | 1.00% - 1.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	9,497,587	6,603,795
Greater Than 150 bps Above Guaranteed Minimum | 2.00% - 2.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	2,387,062	1,310,234
Greater Than 150 bps Above Guaranteed Minimum | 3.00% - 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	1,469,994	1,067,325
Greater Than 150 bps Above Guaranteed Minimum | Greater Than 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 283,441	$ 298,493

POLICY LIABILITIES - Balances o

POLICY LIABILITIES - Balances of and Changes in Liability for Future Policy Benefits (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Present Value of Expected Future Policy Benefits
Liability for future policy benefit, reinsurance recoverable, after allowance, net of discount rate assumptions	$ (358,100)	$ 45,700
Payout Annuity And Long-Duration Insurance, Other
Present Value of Expected Net Premiums
Balance as of Beginning of Period	(208,370)	(255,401)
Balance at Original Discount Rate	(241,058)	(303,610)
Effect of Actual Variances from Expected Experience			$ 5,463	$ 3,380
Adjusted Beginning of Period Balance			(235,595)	(300,230)
Issuances	(1,138,831)	0
Interest	(16,470)	(2,399)
Net Premiums Collected	65,732	16,685
Flooring Impact	0	2
Ending Balance at Original Discount Rate	(1,325,164)	(285,942)
Effect of Changes in Discount Rate Assumptions	43,817	47,419
Balance as of End of Period	(1,281,347)	(238,523)
Present Value of Expected Future Policy Benefits
Balance as of Beginning of Period	18,032,120	14,701,321
Balance at Original Discount Rate	20,741,655	17,987,181
Effect of Actual Variances from Expected Experience			3,662	(11,045)
Adjusted Beginning of Period Balance			20,745,317	17,976,136
Issuances	10,829,817	1,610,583
Interest	414,604	202,978
Benefit Payments	(1,129,772)	(840,656)
Ending Balance at Original Discount Rate	30,859,966	18,949,041
Effect of Changes in Discount Rate Assumptions	(3,392,219)	(3,209,658)
Balance as of End of Period	27,467,747	15,739,383
Total Policy Liabilities	26,186,400	15,500,860
Less: Reinsurance Recoverable	(15,701,568)	(7,747,896)
Net Liability for Future Policy Benefits, Net of Reinsurance Recoverables	10,484,832	7,752,964
Payout Annuities
Present Value of Expected Net Premiums
Balance as of Beginning of Period	0	0
Balance at Original Discount Rate	0	0
Effect of Actual Variances from Expected Experience			0	0
Adjusted Beginning of Period Balance			0	0
Issuances	0	0
Interest	0	0
Net Premiums Collected	0	0
Flooring Impact	0	2
Ending Balance at Original Discount Rate	0	2
Effect of Changes in Discount Rate Assumptions	0	0
Balance as of End of Period	0	2
Present Value of Expected Future Policy Benefits
Balance as of Beginning of Period	17,427,353	14,021,514
Balance at Original Discount Rate	20,040,000	17,180,626
Effect of Actual Variances from Expected Experience			2,262	(12,863)
Adjusted Beginning of Period Balance			20,042,262	17,167,763
Issuances	2,077,784	1,610,241
Interest	297,183	198,070
Benefit Payments	(892,493)	(793,163)
Ending Balance at Original Discount Rate	21,524,736	18,182,911
Effect of Changes in Discount Rate Assumptions	(3,173,775)	(3,083,441)
Balance as of End of Period	18,350,961	15,099,470
Total Policy Liabilities	18,350,961	15,099,472
Less: Reinsurance Recoverable	(9,481,224)	(7,749,635)
Net Liability for Future Policy Benefits, Net of Reinsurance Recoverables	8,869,737	7,349,837
Other
Present Value of Expected Net Premiums
Balance as of Beginning of Period	(208,370)	(255,401)
Balance at Original Discount Rate	(241,058)	(303,610)
Effect of Actual Variances from Expected Experience			5,463	3,380
Adjusted Beginning of Period Balance			(235,595)	(300,230)
Issuances	(1,138,831)	0
Interest	(16,470)	(2,399)
Net Premiums Collected	65,732	16,685
Flooring Impact	0	0
Ending Balance at Original Discount Rate	(1,325,164)	(285,944)
Effect of Changes in Discount Rate Assumptions	43,817	47,419
Balance as of End of Period	(1,281,347)	(238,525)
Present Value of Expected Future Policy Benefits
Balance as of Beginning of Period	604,767	679,807
Balance at Original Discount Rate	701,655	806,555
Effect of Actual Variances from Expected Experience			1,400	1,818
Adjusted Beginning of Period Balance			$ 703,055	$ 808,373
Issuances	8,752,033	342
Interest	117,421	4,908
Benefit Payments	(237,279)	(47,493)
Ending Balance at Original Discount Rate	9,335,230	766,130
Effect of Changes in Discount Rate Assumptions	(218,444)	(126,217)
Balance as of End of Period	9,116,786	639,913
Total Policy Liabilities	7,835,439	401,388
Net Liability for Future Policy Benefits, Net of Reinsurance Recoverables	1,615,095	403,127
Other
Present Value of Expected Future Policy Benefits
Less: Reinsurance Recoverable	$ (6,220,344)	$ 1,739

POLICY LIABILITIES - Amounts Re

POLICY LIABILITIES - Amounts Recognized in Statement of Operations (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	$ 10,873,161	$ 1,793,200
Payout Annuities
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	2,253,977	1,759,137
Other
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	$ 8,619,184	$ 34,063

POLICY LIABILITIES - Weighted-A

POLICY LIABILITIES - Weighted-Average Interest Rates of Future Policy Benefits (Details)	Jun. 30, 2024	Dec. 31, 2023
Payout Annuities
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-Average Interest Rates, Original Discount Rate	3.66%	3.37%
Weighted-Average Interest Rates, Current Discount Rate	5.45%	4.95%
Weighted-Average Liability Duration (Years, Current Rates)	8 years 5 months 8 days	8 years 6 months 29 days
Other
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-Average Interest Rates, Original Discount Rate	4.85%	2.57%
Weighted-Average Interest Rates, Current Discount Rate	5.53%	4.95%
Weighted-Average Liability Duration (Years, Current Rates)	9 years 8 months 8 days	9 years 10 days

POLICY LIABILITIES - Expected F

POLICY LIABILITIES - Expected Future Benefit Payments and Gross Premiums, Undiscounted and Discounted (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Payout Annuities
Liability for Future Policy Benefit, Activity [Line Items]
Expected Future Benefit Payments, Undiscounted	$ 30,772,255	$ 29,164,580
Expected Future Benefit Payments, Discounted (Original Discount Rate)	21,524,736	19,899,423
Expected Future Benefit Payments, Discounted (Current Discount Rate)	18,350,961	17,427,352
Expected Future Gross Premiums, Undiscounted	0	0
Expected Future Gross Premiums, Discounted (Original Discount Rate)	0	0
Expected Future Gross Premiums, Discounted (Current Discount Rate)	0	0
Other
Liability for Future Policy Benefit, Activity [Line Items]
Expected Future Benefit Payments, Undiscounted	16,560,774	832,608
Expected Future Benefit Payments, Discounted (Original Discount Rate)	9,335,230	689,760
Expected Future Benefit Payments, Discounted (Current Discount Rate)	9,116,786	604,768
Expected Future Gross Premiums, Undiscounted	1,818,202	377,693
Expected Future Gross Premiums, Discounted (Original Discount Rate)	1,401,340	317,710
Expected Future Gross Premiums, Discounted (Current Discount Rate)	$ 1,343,857	$ 262,653

POLICY LIABILITIES - Additional

POLICY LIABILITIES - Additional Liabilities (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Additional Liability, Long-Duration Insurance [Roll Forward]
Balance as of Beginning of Period	$ 7,251,266	$ 5,104,810
Effect of Changes in Experience			$ (23,569)	$ (28,486)
Adjusted Balance as of Beginning of Period			$ 7,227,697	$ 5,076,324
Issuances	11,579	13,006
Assessments	350,460	218,534
Benefits Paid	(264,671)	(193,836)
Interest	119,401	64,982
Balance as of End of Period	7,444,466	5,179,010
Less: Impact of Unrealized Investment Gains and Losses	140,804	116,633
Less: Reinsurance Recoverable, End of Period	1,500,742	0
Balance, End of Period, Net of Reinsurance Recoverable and Impact of Unrealized Investment Gains and Losses	5,802,920	5,062,377
Gross Assessments	$ 349,862	$ 205,414
Weighted-Average Interest, Current Discount Rate	3.28%		3.09%
Weighted-Average Liability Duration (Years)	27 years 2 months 1 day		27 years 7 months 20 days

POLICY LIABILITIES - Market Bas

POLICY LIABILITIES - Market Based Risk (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Market Risk Benefit [Roll Forward]
Balance as of Beginning of Period	$ 1,120,951
Balance as of End of Period	1,019,581
Asset	182		$ 17
Liability	1,019,763		1,120,968
Net	(1,019,581)		(1,120,951)
Fixed Indexed Annuity And Variable And Other Annuities, Netting
Market Risk Benefit [Roll Forward]
Balance as of Beginning of Period	1,120,951	$ 668,858
Balance as of Beginning of Period, Before Impact of Changes in Instrument-specific Credit Risk	1,016,209	807,513
Issuances	15,249	(93)
Interest	26,680	23,757
Attributed Fees Collected	96,592	93,154
Benefit Payments	(6,971)	(2,280)
Effect of Changes in Interest Rates	(163,536)	38,686
Effect of Changes in Equity Markets	(60,700)	(71,229)
Effect of Actual Experience Different from Assumptions	665	(20,659)
Balance as of End of Period Before Impact of Changes in Instrument-Specific Credit Risk	924,188	868,849
Effect of Changes in Instrument-specific Credit Risk	95,393	(43,655)
Balance as of End of Period	1,019,581	825,194
Less: Reinsurance Recoverable as of the End of the Period	(12,097)	(14,194)
Balance as of End of Period, Net of Reinsurance Recoverable	1,007,484	811,000
Net Amount at Risk	$ 5,747,990	$ 5,301,778
Weighted-average Attained Age of Contract holders (Years)	71 years	70 years
Net	$ (1,019,581)	$ (825,194)	(1,120,951)
Fixed Indexed Annuities
Market Risk Benefit [Roll Forward]
Balance as of Beginning of Period	868,268	548,536
Balance as of Beginning of Period, Before Impact of Changes in Instrument-specific Credit Risk	790,616	656,880
Issuances	15,254	(67)
Interest	21,483	19,242
Attributed Fees Collected	51,918	51,087
Benefit Payments	(3,404)	(1,671)
Effect of Changes in Interest Rates	(106,708)	29,868
Effect of Changes in Equity Markets	(12,409)	(17,621)
Effect of Actual Experience Different from Assumptions	8,666	(1,824)
Balance as of End of Period Before Impact of Changes in Instrument-Specific Credit Risk	765,416	735,894
Effect of Changes in Instrument-specific Credit Risk	72,008	(35,095)
Balance as of End of Period	837,424	700,799
Less: Reinsurance Recoverable as of the End of the Period	0	0
Balance as of End of Period, Net of Reinsurance Recoverable	837,424	700,799
Net Amount at Risk	$ 4,451,112	$ 4,100,714
Weighted-average Attained Age of Contract holders (Years)	71 years	70 years
Asset	$ 182		0
Liability	837,606		868,268
Net	(837,424)	$ (700,799)	(868,268)
Variable- and Other Annuities
Market Risk Benefit [Roll Forward]
Balance as of Beginning of Period	252,683	120,322
Balance as of Beginning of Period, Before Impact of Changes in Instrument-specific Credit Risk	225,593	150,633
Issuances	(5)	(26)
Interest	5,197	4,515
Attributed Fees Collected	44,674	42,067
Benefit Payments	(3,567)	(609)
Effect of Changes in Interest Rates	(56,828)	8,818
Effect of Changes in Equity Markets	(48,291)	(53,608)
Effect of Actual Experience Different from Assumptions	(8,001)	(18,835)
Balance as of End of Period Before Impact of Changes in Instrument-Specific Credit Risk	158,772	132,955
Effect of Changes in Instrument-specific Credit Risk	23,385	(8,560)
Balance as of End of Period	182,157	124,395
Less: Reinsurance Recoverable as of the End of the Period	(12,097)	(14,194)
Balance as of End of Period, Net of Reinsurance Recoverable	170,060	110,201
Net Amount at Risk	$ 1,296,878	$ 1,201,064
Weighted-average Attained Age of Contract holders (Years)	69 years	70 years
Asset	$ 0		17
Liability	182,157		252,700
Net	$ (182,157)	$ (124,395)	$ (252,683)

POLICY LIABILITIES - Separate A

POLICY LIABILITIES - Separate Account Liabilities (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Separate Account, Liability [Roll Forward]
Balance as of Beginning of Period	$ 4,107,000	$ 4,130,794
Premiums and Deposits	19,237	23,348
Surrenders, Withdrawals and Benefit Payments	(281,525)	(243,721)
Investment Performance	357,696	361,507
Other	(79,766)	(89,491)
Balance as of End of Period	4,122,642	4,182,437
Cash Surrender Value as of End of Period	4,122,642	4,182,437
Variable Annuities
Separate Account, Liability [Roll Forward]
Balance as of Beginning of Period	3,565,029	3,627,769
Premiums and Deposits	12,750	16,371
Surrenders, Withdrawals and Benefit Payments	(270,322)	(233,703)
Investment Performance	299,722	301,383
Other	(56,624)	(65,086)
Balance as of End of Period	3,550,555	3,646,734
Cash Surrender Value as of End of Period	3,550,555	3,646,734
Interest Sensitive Life
Separate Account, Liability [Roll Forward]
Balance as of Beginning of Period	541,971	503,025
Premiums and Deposits	6,487	6,977
Surrenders, Withdrawals and Benefit Payments	(11,203)	(10,018)
Investment Performance	57,974	60,124
Other	(23,142)	(24,405)
Balance as of End of Period	572,087	535,703
Cash Surrender Value as of End of Period	$ 572,087	$ 535,703

POLICY LIABILITIES - Separate_2

POLICY LIABILITIES - Separate Account Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Fair Value, Separate Account Investment [Line Items]
Total Assets Supporting Separate Account Liabilities	$ 4,122,642	$ 4,107,000
Managed Volatility Equity/Fixed Income Blended Fund
Fair Value, Separate Account Investment [Line Items]
Total Assets Supporting Separate Account Liabilities	2,073,527	2,131,149
Equity
Fair Value, Separate Account Investment [Line Items]
Total Assets Supporting Separate Account Liabilities	1,681,781	1,596,467
Fixed Income
Fair Value, Separate Account Investment [Line Items]
Total Assets Supporting Separate Account Liabilities	147,285	152,398
Money Market
Fair Value, Separate Account Investment [Line Items]
Total Assets Supporting Separate Account Liabilities	219,438	226,387
Alternative
Fair Value, Separate Account Investment [Line Items]
Total Assets Supporting Separate Account Liabilities	$ 611	$ 599

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Operating Loss Carryforwards [Line Items]
Effective income tax rate	17.90%	22.40%	18.90%	25.50%
Insurance
Operating Loss Carryforwards [Line Items]
Deferred tax assets, valuation allowance	$ 89.3		$ 89.3

EQUITY-BASED COMPENSATION - Sch

EQUITY-BASED COMPENSATION - Schedule of KKR Equity Incentive Plan (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Equity Based Payments
Equity-based compensation	$ 184,907	$ 146,656	$ 368,318	$ 329,993
Asset Management
Equity Based Payments
Equity-based compensation	149,584	108,915	303,929	235,205
Insurance
Equity Based Payments
Equity-based compensation	$ 35,323	$ 37,741	$ 64,389	$ 94,788

EQUITY-BASED COMPENSATION - KKR

EQUITY-BASED COMPENSATION - KKR Equity Incentive Plans Narrative (Details) $ in Millions	6 Months Ended
	Jun. 30, 2024 USD ($) shares
Service-Vesting Awards | Asset Management and Strategic Holdings
Equity Based Payments
Portion of awards vested having one-year transfer restriction period (as a percent)	50%
Portion of awards vested having two-year transfer restriction period (as a percent)	50%
KKR 2019 Equity Incentive Plan
Equity Based Payments
Total awards issuable as a percentage of diluted common stock outstanding	15%
Number of shares authorized (in shares) | shares	49,266,839
KKR Equity Incentive Plans | Asset Management and Strategic Holdings
Equity Based Payments
Portion of awards vested having one-year transfer restriction period (as a percent)	50%
Portion of awards vested having two-year transfer restriction period (as a percent)	50%
KKR Equity Incentive Plans | Service-Vesting Awards
Equity Based Payments
Minimum transfer restriction period with respect to one-half awards vested (in years)	1 year
Minimum transfer restriction period with respect to remaining one-half awards vested (in years)	2 years
Minimum retained ownership required to continuously hold common share equivalents to as percentage of cumulatively vested interests	15%
Maximum forfeiture rate assumed (as a percent)	7%
KKR Equity Incentive Plans | Service-Vesting Awards | Asset Management and Strategic Holdings
Equity Based Payments
Vesting period (in years)	2 years 8 months 12 days
Estimated unrecognized equity-based payment expense | $	$ 947
KKR Equity Incentive Plans | Minimum | Service-Vesting Awards
Equity Based Payments
Vesting period (in years)	3 years
KKR Equity Incentive Plans | Maximum | Service-Vesting Awards
Equity Based Payments
Vesting period (in years)	5 years

EQUITY-BASED COMPENSATION - Awa

EQUITY-BASED COMPENSATION - Awards Rollforward (Details) - KKR Equity Incentive Plans	6 Months Ended
	Jun. 30, 2024 $ / shares shares
Service-Vesting Awards
Shares (1)
Balance at the beginning of the period (in shares) | shares	23,228,671
Granted (in shares) | shares	4,590,867
Vested (in shares) | shares	(5,468,128)
Forfeitures (in shares) | shares	(451,693)
Balance at the end of the period (in shares) | shares	21,899,717
Weighted Average Grant Date Fair Value
Balance at the beginning of the period (in dollars per share) | $ / shares	$ 53.22
Granted (in dollars per share) | $ / shares	79
Vested (in dollars per share) | $ / shares	47.58
Forfeitures (in dollars per share) | $ / shares	57.73
Balance at the end of the period (in dollars per share) | $ / shares	$ 59.94
Market Condition Awards | Asset Management and Strategic Holdings
Shares (1)
Balance at the beginning of the period (in shares) | shares	36,497,589
Granted (in shares) | shares	2,278,830
Vested (in shares) | shares	(171,064)
Forfeitures (in shares) | shares	(307,027)
Balance at the end of the period (in shares) | shares	38,298,328
Weighted Average Grant Date Fair Value
Balance at the beginning of the period (in dollars per share) | $ / shares	$ 29.59
Granted (in dollars per share) | $ / shares	58.31
Vested (in dollars per share) | $ / shares	21.39
Forfeitures (in dollars per share) | $ / shares	25.02
Balance at the end of the period (in dollars per share) | $ / shares	$ 31.37

EQUITY-BASED COMPENSATION - Mar

EQUITY-BASED COMPENSATION - Market Condition Awards Narrative (Details) - Market Condition Awards - KKR Equity Incentive Plans $ / shares in Units, shares in Millions, $ in Millions	6 Months Ended
	Jun. 30, 2024 USD ($) day $ / shares shares
Equity Based Payments
Estimated unrecognized equity-based payment expense | $	$ 651
Remaining requisite service period	3 years 1 month 6 days
Asset Management and Strategic Holdings
Equity Based Payments
Average stock price target consecutive trading days threshold | day	20
Number of shares that met vesting conditions (in shares) | shares	28.2
Asset Management and Strategic Holdings | Minimum
Equity Based Payments
Stock price target (in dollars per share)	$ 45
Required service period	5 years
Asset Management and Strategic Holdings | Maximum
Equity Based Payments
Stock price target (in dollars per share)	$ 140
Required service period	6 years
Maximum forfeiture rate assumed	7%

EQUITY-BASED COMPENSATION - Ass

EQUITY-BASED COMPENSATION - Assumptions Used to Estimate Fair Value (Details) - KKR Equity Incentive Plans - Asset Management and Strategic Holdings	6 Months Ended
	Jun. 30, 2024 $ / shares
Market Condition Awards | Weighted Average
Equity Based Payments
Grant Date Fair Value (in dollars per share)	$ 30.62
Closing KKR share price as of valuation date (in dollars per share)	$ 51.74
Risk Free Rate	2.21%
Volatility	30.04%
Dividend Yield	1.27%
Expected Cost of Equity	10.74%
Market Condition Awards | Minimum
Equity Based Payments
Grant Date Fair Value (in dollars per share)	$ 19.87
Closing KKR share price as of valuation date (in dollars per share)	$ 37.93
Risk Free Rate	0.41%
Volatility	28%
Dividend Yield	0.71%
Expected Cost of Equity	9.13%
Market Condition Awards | Maximum
Equity Based Payments
Grant Date Fair Value (in dollars per share)	$ 79.94
Closing KKR share price as of valuation date (in dollars per share)	$ 98.62
Risk Free Rate	4.41%
Volatility	38%
Dividend Yield	1.53%
Expected Cost of Equity	11.80%
Co-CEO Market Condition Awards
Equity Based Payments
Grant Date Fair Value (in dollars per share)	$ 48.91
Closing KKR share price as of valuation date (in dollars per share)	$ 75.76
Risk Free Rate	1.42%
Volatility	28%
Dividend Yield	0.77%
Expected Cost of Equity	9.36%

EQUITY-BASED COMPENSATION - Co-

EQUITY-BASED COMPENSATION - Co-CEO Awards Narrative (Details) - Co-CEO Market Condition Awards - KKR Equity Incentive Plans - Asset Management and Strategic Holdings $ / shares in Units, shares in Millions, $ in Millions	Dec. 09, 2021 day $ / shares shares	Jun. 30, 2024 USD ($) shares
Equity Based Payments
Granted (in shares) | shares	7.5
Average stock price target consecutive trading days threshold | day	20
Estimated unrecognized equity-based payment expense | $		$ 363
Number of shares that met vesting conditions (in shares) | shares		6
Tranche one
Equity Based Payments
Vesting percentage	20%
Stock price target (in dollars per share)	$ 95.80
Tranche two
Equity Based Payments
Vesting percentage	20%
Stock price target (in dollars per share)	$ 105.80
Tranche three
Equity Based Payments
Vesting percentage	20%
Stock price target (in dollars per share)	$ 115.80
Tranche four
Equity Based Payments
Vesting percentage	20%
Stock price target (in dollars per share)	$ 125.80
Tranche five
Equity Based Payments
Vesting percentage	20%
Stock price target (in dollars per share)	$ 135.80

EQUITY-BASED COMPENSATION - Boo

EQUITY-BASED COMPENSATION - Book Value Awards Narrative (Details) - Insurance $ in Millions	Jan. 02, 2024 USD ($) shares	Feb. 01, 2021 installment payment shares
Book-Value Awards | GA Plan
Equity Based Payments
Number of payments authorized to be received upon vesting | payment		1
Book value used in payment calculation, number of shares (in shares)		1
Number of vesting installments | installment		3
Service-Vesting Awards | KKR 2019 Equity Incentive Plan
Equity Based Payments
Granted (in shares)	1,900,000
Reclassification of share-based payment arrangement from liability to equity | $	$ 77

EQUITY-BASED COMPENSATION - GA

EQUITY-BASED COMPENSATION - GA Equity Incentive Plan Awards Narrative (Details) - USD ($) $ in Millions			6 Months Ended
	Jan. 02, 2024	Jun. 24, 2021	Jun. 30, 2024
KKR Equity Incentive Plans | Insurance
Equity Based Payments
Compensation modification	$ 149
Service-Vesting Awards | GA Equity Incentive Plan
Equity Based Payments
Incentive shares issued (in shares)		1,000
Maximum forfeiture rate assumed (as a percent)		0%
Vesting period (in years)		5 years
Service-Vesting Awards | KKR Equity Incentive Plans
Equity Based Payments
Maximum forfeiture rate assumed (as a percent)			7%
Granted (in shares)			4,590,867
Service-Vesting Awards | KKR Equity Incentive Plans | Insurance
Equity Based Payments
Vesting period (in years)	2 years
Granted (in shares)	1,300,000
Market Condition Awards | KKR Equity Incentive Plans | Insurance
Equity Based Payments
Granted (in shares)	900,000
Maximum forfeiture rate assumed	4%
Restricted Holding Units (RHUs) | KKR Equity Incentive Plans | Insurance
Equity Based Payments
Vesting amount	$ 54

RELATED PARTY TRANSACTIONS - Sc

RELATED PARTY TRANSACTIONS - Schedule of Related Party Transactions (Details) - Affiliated Entity - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Related Party Transaction [Line Items]
Due from Affiliates	$ 1,616,747	$ 1,446,852
Due to Affiliates	444,947	538,099
Amounts due from unconsolidated investment funds
Related Party Transaction [Line Items]
Due from Affiliates	1,377,708	1,229,308
Due to Affiliates	63,871	131,369
Amounts due from portfolio companies
Related Party Transaction [Line Items]
Due from Affiliates	239,039	217,544
Amounts due to current and former employees under the tax receivable agreement
Related Party Transaction [Line Items]
Due to Affiliates	$ 381,076	$ 406,730

SEGMENT REPORTING - Information

SEGMENT REPORTING - Information Regarding Segment Results (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($) segment	Jun. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segment			3
Number of operating segments | segment			3
Pre-tax Operating Earnings Attributable to Noncontrolling Interests	$ 1,210,205	$ 1,451,013	$ 2,573,256	$ 1,859,448
Dividend Income	471,349	246,939	716,406	395,106
Net Realized Investment Income	984,624	946,977	2,003,881	1,088,013
Total Segment Earnings	1,290,065	925,621	2,444,906	1,905,820
Total assets	348,469,179	287,694,799	348,469,179	287,694,799	$ 317,294,194
Total Non-cash expenses	184,907	132,813	368,318	295,496
Operating Segments
Segment Reporting Information [Line Items]
Total assets	269,484,832	207,573,707	269,484,832	207,573,707
Asset Management
Segment Reporting Information [Line Items]
Total Non-cash expenses	149,584	108,915	303,929	235,205
Asset Management | Operating Segments
Segment Reporting Information [Line Items]
Other Operating Expenses	(158,134)	(147,475)	(303,265)	(297,879)
Fee Related Earnings	755,397	602,309	1,424,138	1,150,887
Total Segment Earnings	996,000	755,397	1,857,281	1,530,484
Total assets	25,959,516	25,344,995	25,959,516	25,344,995
Asset Management | Management Fees | Operating Segments
Segment Reporting Information [Line Items]
Performance revenues	847,307	748,888	1,662,634	1,487,044
Asset Management | Transaction and Monitoring Fees, Net | Operating Segments
Segment Reporting Information [Line Items]
Performance revenues	222,858	190,228	374,942	332,407
Asset Management | Fee Related | Operating Segments
Segment Reporting Information [Line Items]
Performance revenues	37,145	28,352	56,246	50,093
Compensation	(193,779)	(217,684)	(366,419)	(420,778)
Asset Management | Realized Performance Income | Operating Segments
Segment Reporting Information [Line Items]
Performance revenues	482,309	149,334	753,854	324,732
Compensation	(359,470)	(97,085)	(553,017)	(211,094)
Asset Management | Realized Investment Income
Segment Reporting Information [Line Items]
Performance revenues	138,546	118,022	273,299	312,856
Asset Management | Realized Investment Income | Operating Segments
Segment Reporting Information [Line Items]
Performance revenues	138,546	118,022	273,299	312,856
Compensation	(20,782)	(17,183)	(40,993)	(46,897)
Insurance
Segment Reporting Information [Line Items]
Net Cost of Insurance	(244,954)	(172,121)	(444,190)	(397,439)
General, Administrative and Other	(180,697)	(204,052)	(364,552)	(415,783)
Total assets	231,726,975		231,726,975		203,726,827
Total Non-cash expenses	35,323	23,898	64,389	60,291
Insurance | Operating Segments
Segment Reporting Information [Line Items]
Net Cost of Insurance	(1,070,616)	(811,677)	(2,073,943)	(1,562,289)
General, Administrative and Other	(214,217)	(203,285)	(424,469)	(399,999)
Pre-tax Operating Earnings	253,213	268,832	526,053	592,761
Pre-tax Operating Earnings Attributable to Noncontrolling Interests	0	(98,608)	0	(217,425)
Total Segment Earnings	253,213	170,224	526,053	375,336
Total assets	236,339,708	176,041,236	236,339,708	176,041,236
Insurance | Realized Investment Income | Operating Segments
Segment Reporting Information [Line Items]
Performance revenues	1,538,046	1,283,794	3,024,465	2,555,049
Strategic Holdings Segment | Operating Segments
Segment Reporting Information [Line Items]
Pre-tax Operating Earnings	40,852	0	61,572	0
Dividend Income	40,852	0	61,572	0
Total Segment Earnings	40,852	0	61,572	0
Total assets	7,185,608	6,187,476	7,185,608	6,187,476
Strategic Holdings Segment | Realized Investment Income | Operating Segments
Segment Reporting Information [Line Items]
Net Realized Investment Income	0	0	0	0
Asset Management and Insurance Segments | Management Fees | Intersegment Eliminations
Segment Reporting Information [Line Items]
Performance revenues	127,100	110,600	239,500	218,900
Asset Management and Insurance Segments | Interest Expense | Intersegment Eliminations
Segment Reporting Information [Line Items]
Performance revenues	2,100	43,400	5,300	88,200
Asset Management and Strategic Holdings
Segment Reporting Information [Line Items]
Performance revenues	822,324	754,447	1,515,850	1,431,463
Compensation	(895,165)	(657,114)	(2,211,613)	(1,232,784)
General, Administrative and Other	(304,489)	$ (289,586)	(582,470)	$ (503,275)
Total assets	116,742,204		116,742,204		$ 113,567,367
Asset Management and Strategic Holdings | Management Fees | Intersegment Eliminations
Segment Reporting Information [Line Items]
Performance revenues	$ 8,200		$ 15,700

SEGMENT REPORTING - Reconciliat

SEGMENT REPORTING - Reconciliation to Total Segment Revenues (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Segment Reporting Information [Line Items]
Total GAAP Revenues	$ 4,171,910	$ 3,626,518	$ 13,828,648	$ 6,754,000
Impact of Consolidation and Other	308,598	184,775	592,421	394,553
Net Premiums	(935,794)	(626,429)	(6,972,316)	(1,100,053)
Total Segment Revenues	3,307,063	2,518,618	6,207,012	5,062,181
Asset Management
Segment Reporting Information [Line Items]
Capital Allocation-Based Income (Loss) (GAAP)	(738,125)	(696,897)	(2,001,067)	(1,145,915)
Realized Carried Interest - Asset Management	458,559	146,232	708,827	318,921
Capstone Fees	(21,563)	(24,040)	(40,077)	(43,845)
Expense Reimbursements	(27,168)	(16,840)	(35,261)	(32,384)
Asset Management | Realized Investment Income - Asset Management
Segment Reporting Information [Line Items]
Performance revenues	138,546	118,022	273,299	312,856
Strategic Holdings Segment | Management Fees
Segment Reporting Information [Line Items]
Total Segment Revenues	8,183	0	15,667	0
Insurance
Segment Reporting Information [Line Items]
Total GAAP Revenues	2,611,461	2,175,174	10,311,731	4,176,622
Net Premiums	(935,794)	(626,429)	(6,972,316)	(1,100,053)
Policy Fees	(333,900)	(315,382)	(662,847)	(629,184)
Other Income	(63,889)	(39,858)	(120,274)	(77,016)
(Gains) Losses from Investments	308,517	193,770	567,000	454,277
Non-operating Changes in Policy Liabilities and Derivatives	$ 33,189	$ (31,253)	$ 52,992	$ (144,029)

SEGMENT REPORTING - Total Distr

SEGMENT REPORTING - Total Distributable Operating Earnings Reconciliation (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Segment Reporting Information [Line Items]
Income (Loss) Before Tax (GAAP)	$ 1,210,205	$ 1,451,013	$ 2,573,256	$ 1,859,448
Interest Expense, Net	783,253	720,108	1,537,317	1,296,446
Equity-based compensation	184,907	146,656	368,318	329,993
Total Segment Earnings	1,290,065	925,621	2,444,906	1,905,820
Asset Management
Segment Reporting Information [Line Items]
Unrealized (Gains) Losses	(76,175)	(235,521)	(475,253)	(115,587)
Unrealized Carried Interest	(190,143)	(435,495)	(1,136,959)	(638,154)
Unrealized Carried Interest Compensation	153,003	195,361	910,455	279,191
Transaction-related and Non-operating Items	1,308	7,192	62,983	13,999
Equity-based compensation	149,584	108,915	303,929	235,205
Asset Management | Non-Performance Based Awards
Segment Reporting Information [Line Items]
Equity-based compensation	66,535	45,261	140,312	104,278
Asset Management | Performance Based Awards
Segment Reporting Information [Line Items]
Equity-based compensation	83,050	63,654	163,618	130,927
Strategic Holdings Segment
Segment Reporting Information [Line Items]
Unrealized (Gains) Losses	(344,709)	(222,790)	(417,966)	(243,397)
Insurance
Segment Reporting Information [Line Items]
Transaction-related and Non-operating Items	0	3,199	0	3,199
Equity-based compensation	35,323	37,741	64,389	94,788
(Gains) Losses from Investments	312,614	125,483	559,531	256,597
Non-operating Changes in Policy Liabilities and Derivatives	106,465	57,463	180,328	163,954
Equity-based and Other Compensation	35,323	23,898	64,389	60,291
Amortization of Acquired Intangibles	4,412	2,794	8,824	5,588
Segment Reconciling Items
Segment Reporting Information [Line Items]
Impact of Consolidation and Other	(148,924)	(251,248)	(338,520)	(152,111)
Interest Expense, Net	$ 77,101	$ 95,357	$ 149,908	$ 177,597

SEGMENT REPORTING - Total Segme

SEGMENT REPORTING - Total Segment Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023
Segment Reporting Information [Line Items]
Consolidated GAAP assets	$ 348,469,179	$ 317,294,194	$ 287,694,799
Impact of Consolidation and Reclassifications	(74,995,381)		(77,968,654)
Carry Pool Reclassifications	(3,988,966)		(2,152,438)
Operating Segments
Segment Reporting Information [Line Items]
Consolidated GAAP assets	$ 269,484,832		$ 207,573,707

EQUITY - Narrative (Details)

EQUITY - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions	Jul. 26, 2024	Jun. 30, 2024	Apr. 30, 2024
Class of Stock [Line Items]
Remaining amount available for repurchase			$ 50
Remaining available amount, share repurchase program			50
Additional amount in share repurchase program			$ 500
Subsequent Event
Class of Stock [Line Items]
Remaining amount available for repurchase	$ 101
Series I Preferred Stock
Class of Stock [Line Items]
Preferred stock redemption price (in dollars per share)		$ 0.01

EQUITY - Schedule of Share Repu

EQUITY - Schedule of Share Repurchases (Details) - Common Stock - Share Repurchase Program - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Class of Stock [Line Items]
Shares of common stock repurchased (in shares)	0	5,086,354	0	5,086,354
Equity awards for common stock retired (in shares)	923,863	604,281	923,863	604,281

EQUITY - Schedule of Noncontrol

EQUITY - Schedule of Noncontrolling Interests Calculation (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Stockholders' equity, beginning balance			$ 57,763,485
Net Income (Loss) Attributable to Noncontrolling Interests	$ 993,236	$ 1,126,058	2,087,086	$ 1,385,746
Stockholders' equity, ending balance	57,238,480	60,411,021	57,238,480	60,411,021
Noncontrolling Interests
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Stockholders' equity, beginning balance			34,904,791	36,410,858
Net Income (Loss) Attributable to Noncontrolling Interests	295,644	266,086	674,602	193,083
Other Comprehensive Income (Loss), net of tax	(3,358)	(77,150)	(4,838)	290,038
Compensation Modification (See Note 19)			53,623
Equity-Based Compensation (Non Cash Contribution)	108,152	71,080	212,059	147,676
Change in KKR & Co. Inc.'s Ownership Interest	(123,282)	(113,121)	(288,512)	(113,121)
Capital Contributions	1,958,078	4,935,615	3,396,280	7,404,393
Capital Distributions	(2,306,395)	(1,897,563)	(4,038,461)	(3,737,866)
Changes in Consolidation	1,067,974	(72,062)	1,067,974	(165,607)
Stockholders' equity, ending balance	35,565,377	40,429,454	35,565,377	40,429,454
Noncontrolling Interests | 2024 GA Acquisition
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
2024 GA Acquisition - Cash consideration (See Note 1)			(2,622,230)
2024 GA Acquisition - Issuance of Holdings III Units (See Note 1)			40,789
Change in KKR & Co. Inc.'s Ownership - 2024 GA Acquisition			(2,169,300)
Noncontrolling Interests | As previously reported
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Stockholders' equity, beginning balance	$ 34,568,564	$ 37,316,569	$ 34,904,791	35,778,000
Noncontrolling Interests | Adoption of New Accounting Standard (See Note 2)
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Stockholders' equity, beginning balance				$ 632,858

REDEEMABLE NONCONTROLLING INT_3

REDEEMABLE NONCONTROLLING INTERESTS (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Redeemable Noncontrolling Interest [Line Items]
Redeemable non-controlling interests	$ 1,291,487	$ 922,093	$ 615,427	$ 183,413	$ 144,126	$ 152,065
Global Atlantic
Redeemable Noncontrolling Interest [Line Items]
Redeemable non-controlling interests	46,100		47,800
Estimated redemption value	$ 3,200		$ 3,200

REDEEMABLE NONCONTROLLING INT_4

REDEEMABLE NONCONTROLLING INTERESTS - Schedule Of Redeemable Noncontrolling Interests (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Increase (Decrease) in Redeemable Noncontrolling Interests
Balance at the beginning of the period	$ 922,093	$ 144,126	$ 615,427	$ 152,065
Net Income (Loss) Attributable to Redeemable Noncontrolling Interests	29,666	(1,740)	62,344	(9,043)
Capital Contributions	341,868	69,997	624,121	69,997
Capital Distributions	(2,140)	(1,149)	(10,405)	(1,785)
Changes in Consolidation	0	(27,821)	0	(27,821)
Balance at the end of the period	$ 1,291,487	$ 183,413	$ 1,291,487	$ 183,413

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2013	Dec. 31, 2023
Other Commitments [Line Items]
Notional amount	$ 97,210,442,000		$ 97,210,442,000			$ 84,622,876,000
Global Atlantic | Payment Guarantee
Other Commitments [Line Items]
Guarantor period					25 years
Payment obligation	48,400,000		48,400,000		$ 214,000,000
Global Atlantic | Unaffiliated Third Parties
Other Commitments [Line Items]
Total fees expensed	5,100,000	$ 5,000,000	10,200,000	$ 10,100,000
Total capacity of financing arrangements	2,300,000,000		2,300,000,000			$ 2,300,000,000
Private and Public Markets Investment Funds | KKR
Other Commitments [Line Items]
Unfunded commitments	8,700,000,000		8,700,000,000
Certain Investment Vehicles | KKR | Maximum Loss
Other Commitments [Line Items]
Unfunded commitments	70,200,000		70,200,000
Capital Markets | KKR
Other Commitments [Line Items]
Unfunded commitments	500,000,000		500,000,000
Notional amount	4,500,000,000		4,500,000,000
Purchase or Funding of Investments | Global Atlantic
Other Commitments [Line Items]
Unfunded commitments	3,600,000,000		3,600,000,000
Commitment to Extend Credit | Global Atlantic
Other Commitments [Line Items]
Liability for current expected credit losses	22,200,000		22,200,000
Clawback Obligation Attributable to Certain and Former KKR Employees | Asset Management
Other Commitments [Line Items]
Private equity fund carried interest amount subject to clawback provision assuming liquidation at fair value	564,000,000		564,000,000
Cash reserve for full reimbursement amount	228,000,000		228,000,000
Liquidation value for clawback obligation	0		0
Clawback obligation amount if private equity vehicles liquidated at fair value	4,000,000,000		4,000,000,000
Amount entitled to seek for reimbursement	1,700,000,000		1,700,000,000
Clawback Obligation Attributable to Certain and Former KKR Employees | KKR Associates Holdings L.P. | Asset Management
Other Commitments [Line Items]
Cash reserve for full reimbursement amount	$ 228,000,000		$ 228,000,000

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - $ / shares	Aug. 27, 2024	Jul. 31, 2024
Forecast
Subsequent Events
Dividend to be paid (in dollars per share)	$ 0.175
Subsequent Event
Subsequent Events
Dividend declared (in dollars per share)		$ 0.175