Other Revenues and Other Expenses

6 Months Ended

Jun. 30, 2024

Other Income and Expenses [Abstract]

Other Revenues and Other Expenses Disclosure

15. Other Revenues and Other Expenses

Other Revenues

Information on other revenues, which primarily includes fees related to service contracts from customers, was as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
	(In millions)
Vision fee for service arrangements	$	130	$	143	$	276	$	302
Prepaid legal plans	145		130		293		261
Fee-based investment management	98		103		196		203
Administrative services-only contracts	69		64		136		128
Recordkeeping and administrative services (1)	37		38		75		75
Other revenue from service contracts from customers	79		68		159		139
Total revenues from service contracts from customers	558		546		1,135		1,108
Other	80		75		177		152
Total other revenues	$	638	$	621	$	1,312	$	1,260

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(1)Related to products and businesses no longer actively marketed by the Company.

Receivables related to revenues from service contracts from customers were $231 million and $243 million at June 30, 2024 and December 31, 2023, respectively.

Other Expenses

Information on other expenses was as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
	(In millions)
Employee-related costs (1)	$	900	$	896	$	1,850	$	1,829
Third-party staffing costs	362		360		711		704
General and administrative expenses	153		187		301		330
Pension, postretirement and postemployment benefit costs	65		59		130		118
Premium taxes, other taxes, and licenses & fees	171		184		347		345
Commissions and other variable expenses	1,462		1,447		2,965		2,864
Capitalization of DAC	(683)		(729)		(1,423)		(1,447)
Amortization of DAC and VOBA	499		479		1,007		949
Amortization of negative VOBA	(6)		(6)		(12)		(13)
Interest expense on debt	257		256		521		511
Total other expenses	$	3,180	$	3,133	$	6,397	$	6,190

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(1)Includes ($27) million and ($77) million for the three months and six months ended June 30, 2024, respectively, and ($34) million and ($72) million for the three months and six months ended June 30, 2023, respectively, for the net change in cash surrender value of investments in certain life insurance policies, net of premiums paid.