Consolidated Statements of Income (Loss) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
REVENUES
Policy charges and fee income	$ 840	$ 949
Premiums	247	258
Net derivative gains (losses)	821	(2,546)
Net investment income (loss)	804	884
Investment gains (losses), net:
Credit losses on available-for-sale debt securities and loans	10	1
Other investment gains (losses), net	(336)	183
Total investment gains (losses), net	(326)	184
Investment management and service fees	1,355	1,257
Other income	203	167
Total revenues	3,944	1,153
BENEFITS AND OTHER DEDUCTIONS
Policyholders’ benefits	1,060	939
Interest credited to policyholders’ account balances	315	291
Compensation and benefits	595	580
Commissions and distribution-related payments	422	382
Interest expense	47	74
Amortization of deferred policy acquisition costs	181	87
Other operating costs and expenses	537	608
Total benefits and other deductions	3,157	2,961
Income (loss) from continuing operations, before income taxes	787	(1,808)
Income tax (expense) benefit	(148)	408
Net income (loss)	639	(1,400)
Less: Net income (loss) attributable to the noncontrolling interest	66	88
Net income (loss) attributable to Holdings	573	(1,488)
Less: Preferred stock dividends	14	13
Net income (loss) available to Holdings’ common shareholders	559	(1,501)
Net income (loss) available to Holdings’ common shareholders	$ 559	$ (1,501)
Net income (loss) applicable to Holdings’ common shareholders per common share:
Basic (in dollars per share)	$ 1.44	$ (3.46)
Diluted (in dollars per share)	$ 1.43	$ (3.46)
Weighted average common shares outstanding (in millions):
Basic (in shares)	388.6	434.2
Diluted (in shares)	391.7	434.2