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Closed Block (Liabilities and Assets) (Details) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Closed Block Liabilities    
FPBs $ 35,492 $ 36,142
Other policy-related balances 283 319
Policyholder dividends payable 172 174
Policyholder dividend obligation 0 0
Current income tax payable 4 0
Other liabilities 797 668
Total closed block liabilities 36,748 37,303
Assets Designated to the Closed Block    
Fixed maturity securities available-for-sale (“AFS”), at estimated fair value 19,247 19,939
Equity securities, at estimated fair value 11 10
Mortgage loans 5,938 6,151
Policy loans 3,876 3,960
Real estate and real estate joint ventures (“REJV”) 688 668
Other invested assets 487 496
Total investments 30,247 31,224
Cash and cash equivalents 759 717
Accrued investment income 374 383
Premiums, reinsurance and other receivables 67 54
Current income tax recoverable 0 3
Deferred income tax asset 397 312
Total assets designated to the closed block 31,844 32,693
Excess of closed block liabilities over assets designated to the closed block 4,904 4,610
AOCI:    
Unrealized investment gains (losses), net of income tax (1,204) (820)
Unrealized gains (losses) on derivatives, net of income tax 164 130
Total amounts included in AOCI (1,040) (690)
Maximum future earnings to be recognized from closed block assets and liabilities $ 3,864 $ 3,920