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Consolidated Statements of Income (Parenthetical) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Premiums $ 12,749 $ 11,638 $ 14,262
Product charges 848 718 621
Investment income 12,196 8,373 7,709
Investment expense 1,066 802 609
Gain (Loss) on Investments 1,428 (12,706) 4,215
Interest Sensitive Contract Benefits Expense 6,229 538 4,442
Liability for Future Policy Benefit, Remeasurement Gain (Loss) (53) (15) 0
Future policy and other policy benefits 14,434 12,465 15,734
Net investment income 11,130 7,571 7,100
Policy and other operating expenses 1,848 1,495 1,128
Market Risk Benefit, Change in Fair Value, Gain (Loss) 404 (1,657) 0
Other Income 591 (28) 72
Variable Interest Entities      
Gain (Loss) on Investments 1,191 319 (27)
Net investment income 257 111 77
Related Party      
Premiums 17 261 298
Product charges 40 41 43
Investment income 1,636 1,403 2,497
Investment expense 987 775 592
Gain (Loss) on Investments 18 (1,670) 221
Interest Sensitive Contract Benefits Expense 171 19 392
Future policy and other policy benefits 46 291 365
Policy and other operating expenses 142 246 51
Market Risk Benefit, Change in Fair Value, Gain (Loss) 32 (122) 0
Other Income 569 0 22
Consolidated Entity, Affiliated Entity and VIE Primary Beneficiary      
Gain (Loss) on Investments 1,227 542 31
Net investment income $ 40 $ 19 $ 1