Value of Business Acquired (Tables)

12 Months Ended

Dec. 31, 2021

Deferred Policy Acquisition Costs and Present Value of Future Profits [Abstract]

Present Value of Future Insurance Profits [Table Text Block]

Changes in the VOBA Balance
	Successor Company		Predecessor Company
	For the Period of July 1, 2021 to December 31, 2021		For the Six Months Ended June 30, 2021		For the Years Ended December 31,
					2020		2019
Balance, beginning of period [1]	$	565	$	586	$	696	$	716
Amortization - VOBA	(17)		29		14		25
Amortization - unlock benefit (charge), pre-tax	(73)		14		(64)		—
Adjustments to unrealized gains on fixed maturities, AFS and other	4		26		(60)		(45)
Balance, end of period	$	479	$	655	$	586	$	696

[1]    The beginning balance as of July 1, 2021 differs from the ending balance as of June 30, 2021 due to the application of pushdown accounting related to the Sixth Street Acquisition. For more information, see Note 1 - Basis of Presentation and Significant Accounting Policies of Notes to Consolidated Financial Statements.

Present Value of Future Insurance Profits, Expected Amortization [Table Text Block]

Expected Amortization of VOBA
Successor Company
Years	Expected Amortization
2022	$	28
2023	$	28
2024	$	29
2025	$	30
2026	$	31