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Income Taxes - Deferred tax assets (liabilities) (Detail) - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Deferred Tax Assets    
Tax basis deferred policy acquisition costs $ 110 $ 79
VOBA and reserves 716 567
Net operating loss carryover 25 102
Employee benefits 7 7
Foreign tax credit carryover 16 18
Net unrealized loss on investments 4 0
Deferred reinsurance gain 187 198
Other 0 12
Total deferred tax assets 1,065 983
Deferred Tax Liabilities    
Investment related items (449) (145)
Net unrealized gains on investments 0 (360)
Other (13) 0
Total deferred tax liabilities (462) (505)
Net deferred tax asset $ 603 $ 478