Schedule I - Summary of Investments - Other Than Investments in Affiliates

12 Months Ended

Dec. 31, 2021

SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Abstract]

Summary of Investments - Other Than Investments in Affiliates

SCHEDULE I

SUMMARY OF INVESTMENTS—OTHER THAN INVESTMENTS IN AFFILIATES

($ in millions)

	Successor Company
	As of December 31, 2021
Type of Investment	Cost		Fair Value		Amount at Which Shown on Balance Sheet
Fixed Maturities
Bonds and notes
U.S. government and government agencies and authorities (guaranteed and sponsored)	$	1,643	$	1,669	$	1,887
States, municipalities and political subdivisions	1,452		1,456		1,456
Foreign governments	365		362		362
Public utilities	1,718		1,707		1,707
All other corporate bonds	11,662		11,650		11,650
All other mortgage-backed and asset-backed securities	4,146		4,127		3,909
Total fixed maturities, available-for-sale	20,986		20,971		20,971
Fixed maturities, at fair value using fair value option	—		—		—
Total fixed maturities	20,986		20,971		20,971
Equity Securities
Common stocks
Industrial, miscellaneous and all other	25		25		25
Non-redeemable preferred stocks	178		178		178
Total equity securities, at fair value	203		203		203
Mortgage loans [1]	2,143		2,138		2,131
Policy loans	1,484		1,484		1,484
Futures, options and miscellaneous	195		15		15
Real estate acquired in satisfaction of debt	11		11		11
Short-term investments	1,254		1,254		1,254
Investments in partnerships and trusts	1,147				1,147
Total investments	$	27,423			$	27,216