XML 33 R4.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Debt Securities, Available-for-sale, Allowance for Credit Loss $ 591 $ 459
Debt Securities, Available-for-sale, Amortized Cost 162,016 131,422
Investment funds 17,668 14,128
Cash and Cash Equivalents, at Carrying Value 13,020 7,779
Accrued Investment Income Receivable 1,933 1,328
Reinsurance Recoverables, Including Reinsurance Premium Paid 4,154 4,358
Other Assets 10,179 8,693
Policyholder Contract Deposit 204,670 173,616
Liability for Future Policy Benefit, before Reinsurance 53,287 42,110
Other Liabilities 2,781 1,860
Accumulated other comprehensive income (loss) (5,569) (7,321)
Goodwill $ 4,065 $ 4,058
Series A Preferred Stock    
Preferred Stock, Shares Issued 34,500 0.0
Preferred Stock, Shares Authorized 34,500 0.0
Preferred Stock, Shares Outstanding 34,500 0.0
Preferred Stock, Par or Stated Value Per Share $ 1 $ 1
Preferred Stock, Liquidation Preference, Value $ 863 $ 863
Preferred Stock, Value, Outstanding $ 0 $ 0
Series B Preferred Stock    
Preferred Stock, Shares Issued 13,800 0.0
Preferred Stock, Shares Authorized 13,800 0.0
Preferred Stock, Shares Outstanding 13,800 0.0
Preferred Stock, Par or Stated Value Per Share $ 1 $ 1
Preferred Stock, Liquidation Preference, Value $ 345 $ 345
Preferred Stock, Value, Outstanding $ 0 $ 0
Series C Preferred Stock    
Preferred Stock, Shares Issued 24,000 0.0
Preferred Stock, Shares Authorized 24,000 0.0
Preferred Stock, Shares Outstanding 24,000 0.0
Preferred Stock, Par or Stated Value Per Share $ 1 $ 1
Preferred Stock, Liquidation Preference, Value $ 600 $ 600
Preferred Stock, Value, Outstanding $ 0 $ 0
Series D Preferred Stock    
Preferred Stock, Shares Issued 23,000 0.0
Preferred Stock, Shares Authorized 23,000 0.0
Preferred Stock, Shares Outstanding 23,000 0.0
Preferred Stock, Par or Stated Value Per Share $ 1 $ 1
Preferred Stock, Liquidation Preference, Value $ 575 $ 575
Preferred Stock, Value, Outstanding $ 0 $ 0
Series E Preferred Stock    
Preferred Stock, Shares Issued 20,000 0.0
Preferred Stock, Shares Authorized 20,000 0.0
Preferred Stock, Shares Outstanding 20,000 0.0
Preferred Stock, Par or Stated Value Per Share $ 1 $ 1
Preferred Stock, Liquidation Preference, Value $ 500 $ 500
Preferred Stock, Value, Outstanding 0 0
Fair Value    
Policyholder Contract Deposit 146,038 111,608
Fair Value | Recurring    
Reinsurance Recoverables, Including Reinsurance Premium Paid 1,367 1,388
Other Assets 378  
Policyholder Contract Deposit 9,893 6,670
Liability for Future Policy Benefit, before Reinsurance 1,700 1,712
Variable Interest Entities    
Trading securities 2,136 1,063
Mortgage loans 2,173 2,055
Investment funds 15,927 12,480
Other investments 103 101
Cash and Cash Equivalents, at Carrying Value 98 362
Other Assets 110 112
Other Liabilities 1,115 815
Variable Interest Entities | Fair Value | Recurring    
Trading securities 2,136 1,063
Mortgage loans 2,173 2,055
Investment funds 15,927 12,480
Other investments 103 101
Consolidated Entity, excluding Affiliated Entity    
Debt Securities, Available-for-sale, Allowance for Credit Loss 590 458
Debt Securities, Available-for-sale, Amortized Cost 147,561 120,982
Investment funds 109 79
Consolidated Entity, excluding Affiliated Entity | Fair Value    
Investment funds 109 79
Funds withheld at interest (27,738) (37,727)
Other investments 52 162
Consolidated Entity, excluding Affiliated Entity | Fair Value | Recurring    
Equity securities 935 1,087
Funds withheld at interest 3,379 4,847
Short-term investments, at fair value 341 520
Other investments 943 611
Consolidated Entity, Affiliated Entity and VIE Primary Beneficiary    
Trading securities 644 0
Mortgage loans 358 342
Investment funds 15,425 10,068
Other investments 80 73
Other Liabilities 513 292
Related Party    
Debt Securities, Available-for-sale, Allowance for Credit Loss 1 1
Debt Securities, Available-for-sale, Amortized Cost 14,455 10,440
Trading securities 838 878
Equity securities 318 279
Mortgage loans 1,281 1,302
Investment funds 1,632 1,569
Investment funds 1,082 959
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
Policyholder Contract Deposit 8,599 11,889
Liability for Future Policy Benefit, before Reinsurance 9 1,353
Other Liabilities 774 564
Accumulated other comprehensive income (loss) (357) (167)
Related Party | Fair Value    
Investment funds 550 610
Funds withheld at interest (7,195) (11,233)
Short-term investments, at fair value 947  
Related Party | Fair Value | Recurring    
Trading securities 838 878
Equity securities 318 279
Mortgage loans 1,281 1,302
Investment funds 1,082 959
Funds withheld at interest (721) (1,425)
Other investments $ 343 $ 303