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Closed Block (Liabilities and Assets) (Details) - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Closed Block Liabilities    
FPBs $ 35,229 $ 36,142
Other policy-related balances 284 319
Policyholder dividends payable 178 174
Policyholder dividend obligation 0 0
Current income tax payable 13 0
Other liabilities 896 668
Total closed block liabilities 36,600 37,303
Assets Designated to the Closed Block    
Fixed maturity securities available-for-sale (“AFS”), at estimated fair value 19,915 19,939
Equity securities, at estimated fair value 10 10
Mortgage loans 5,856 6,151
Policy loans 3,850 3,960
Real estate and real estate joint ventures (“REJV”) 676 668
Other invested assets 418 496
Total investments 30,725 31,224
Cash and cash equivalents 957 717
Accrued investment income 382 383
Premiums, reinsurance and other receivables 36 54
Current income tax recoverable 0 3
Deferred income tax asset 239 312
Total assets designated to the closed block 32,339 32,693
Excess of closed block liabilities over assets designated to the closed block 4,261 4,610
AOCI:    
Unrealized investment gains (losses), net of income tax (551) (820)
Unrealized gains (losses) on derivatives, net of income tax 116 130
Total amounts included in AOCI (435) (690)
Maximum future earnings to be recognized from closed block assets and liabilities $ 3,826 $ 3,920