XML 32 R3.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets    
Available-for-sale securities $ 148,347 $ 112,225
Investment funds 17,668 14,128
Derivative assets 5,298 3,309
Cash and Cash Equivalents, at Carrying Value 13,020 7,779
Restricted Cash and Cash Equivalents 1,761 628
Accrued Investment Income Receivable 1,933 1,328
Reinsurance Recoverables, Including Reinsurance Premium Paid 4,154 4,358
Deferred Policy Acquisition Costs, Deferred Sales Inducements, and Present Value of Future Profits 5,979 4,466
Goodwill 4,065 4,058
Other Assets 10,179 8,693
Assets, Total 300,579 243,931
Liabilities    
Policyholder Contract Deposit 204,670 173,616
Liability for Future Policy Benefit, before Reinsurance 53,287 42,110
Long-term Debt 4,209 3,658
Derivative liabilities 1,995 1,646
Investment-related Liabilities 7,536 6,707
Other Liabilities 2,781 1,860
Liabilities, Total 279,344 233,382
Commitments and Contingencies (Note 17)
Equity    
Additional Paid in Capital 19,499 18,119
Retained Earnings (Accumulated Deficit) (92) (3,640)
Accumulated other comprehensive income (loss) (5,569) (7,321)
Stockholders' Equity Attributable to Parent, Total 13,838 7,158
Stockholders' Equity Attributable to Noncontrolling Interest 7,397 3,391
Equity 21,235 10,549
Liabilities and Equity, Total 300,579 243,931
Market Risk Benefit, Liability, Amount 3,751 2,970
Consolidated Entity, excluding Affiliated Entity    
Assets    
Investment funds 109 79
Related Party    
Assets    
Available-for-sale securities 14,009 9,821
Trading securities 838 878
Equity securities 318 279
Mortgage loans 1,281 1,302
Investment funds 1,632 1,569
Funds withheld at interest (6,474) (9,808)
Short-term investments, at fair value 947 0
Other investments 343 303
Accrued Investment Income Receivable 166 105
Other Assets 189 161
Liabilities    
Policyholder Contract Deposit 8,599 11,889
Liability for Future Policy Benefit, before Reinsurance 9 1,353
Other Liabilities 774 564
Equity    
Accumulated other comprehensive income (loss) (357) (167)
Market Risk Benefit, Liability, Amount 227 195
Consolidated Entity, Affiliated Entity and VIE Primary Beneficiary    
Assets    
Trading securities 644 0
Mortgage loans 358 342
Investment funds 15,425 10,068
Other investments 80 73
Liabilities    
Other Liabilities 513 292
Consolidated Entity Excluding Variable Interest Entities (VIE) and Related Party    
Assets    
Available-for-sale securities 134,338 102,404
Trading securities 1,706 1,595
Equity securities 1,293 1,487
Mortgage loans 44,115 27,454
Investment funds 109 79
Policy Loans 334 347
Funds withheld at interest (24,359) (32,880)
Derivative assets 5,298 3,309
Short-term investments, at fair value 341 2,160
Other investments 1,206 773
Investments, Total 213,099 172,488
Series A Preferred Stock    
Equity    
Preferred Stock, Value, Outstanding 0 0
Series B Preferred Stock    
Equity    
Preferred Stock, Value, Outstanding 0 0
Series C Preferred Stock    
Equity    
Preferred Stock, Value, Outstanding 0 0
Series D Preferred Stock    
Equity    
Preferred Stock, Value, Outstanding 0 0
Series E Preferred Stock    
Equity    
Preferred Stock, Value, Outstanding 0 0
Common Class A [Member]    
Equity    
Common Stock, Value, Issued $ 0 $ 0