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Fair Value Measurements - Fair Value Level 3 Roll Forward (Details) - USD ($)
$ in Millions
6 Months Ended 12 Months Ended
Dec. 31, 2021
Jun. 30, 2021
Dec. 31, 2022
Assets      
Assets, beginning balance $ 1,025 $ 878 $ 1,342
Assets, gain (loss) included in net income 17 (19)  
Assets, gain (loss) included in OCI (4) (3)  
Assets, purchases 599 292  
Assets, settlements (177) (97)  
Assets, sales (35) (28)  
Assets, Transfers into level 3 5 57  
Assets, Transfers out of level 3 (88) (55)  
Assets, ending balance 1,342 1,025  
(Liabilities)      
Liability, beginning balance (160) (420) (763)
Liability, gain (loss) included in net income 182 467  
Liability, gain (loss) included in OCI 0 0  
Liability, purchases (656) 12  
Liability, settlements (129) (219)  
Liability, ending balance (763) (160)  
Level 3      
Assets      
Assets, beginning balance     1,154
Assets, gain (loss) included in net income     57
Assets, gain (loss) included in OCI     (74)
Assets, purchases     1,789
Assets, settlements     (620)
Assets, sales     (52)
Assets, Transfers into level 3     20
Assets, Transfers out of level 3     (274)
Assets, ending balance 1,154   2,000
(Liabilities)      
Liability, beginning balance     (575)
Liability, gain (loss) included in net income     344
Liability, gain (loss) included in OCI     0
Liability, purchases     (50)
Liability, settlements     (10)
Liability, sales 0 0 0
Liability, transfer into Level 3 0 0 0
Liability, transfer out of Level 3 0 0 0
Liability, ending balance (575)   (291)
Level 3 | Reinsurance recoverable for FIA options      
Freestanding derivatives      
Fair value, beginning balance     0
Gain (loss) included in net income     (22)
Gain (loss) included in OCI     0
Purchases     123
Settlements     (52)
Sales     0
Transfers into Level 3     0
Transfers out of Level 3     0
Fair value, ending balance 0   49
Level 3 | Reinsurance recoverable for GMWB      
Freestanding derivatives      
Fair value, beginning balance (6) 7 (8)
Gain (loss) included in net income (8) (19)  
Gain (loss) included in OCI 0 0  
Purchases   0  
Settlements 6 6  
Sales 0 0  
Transfers into Level 3 0 0  
Transfers out of Level 3 0 0  
Fair value, ending balance (8) (6)  
Level 3 | Assets | Reinsurance recoverable for FIA embedded derivative      
Freestanding derivatives      
Fair value, beginning balance     0
Gain (loss) included in net income     0
Gain (loss) included in OCI     0
Purchases     288
Settlements     0
Sales     0
Transfers into Level 3     0
Transfers out of Level 3     0
Fair value, ending balance 0   288
Level 3 | Assets | Reinsurance recoverable for GMWB      
Freestanding derivatives      
Fair value, beginning balance     (8)
Gain (loss) included in net income     (14)
Gain (loss) included in OCI     0
Purchases     0
Settlements     (109)
Sales     0
Transfers into Level 3     0
Transfers out of Level 3     0
Fair value, ending balance (8)   (131)
Level 3 | Liability | Reinsurance recoverable for FIA embedded derivative      
Freestanding derivatives      
Fair value, beginning balance 0   (655)
Gain (loss) included in net income 0   256
Gain (loss) included in OCI 0   0
Purchases (655)   (13)
Settlements 0   27
Sales 0   0
Transfers into Level 3 0   0
Transfers out of Level 3 0   0
Fair value, ending balance (655)   (385)
Level 3 | Liability | Reinsurance recoverable for GMWB      
Freestanding derivatives      
Fair value, beginning balance     80
Gain (loss) included in net income     88
Gain (loss) included in OCI     0
Purchases     0
Settlements     (37)
Sales     0
Transfers into Level 3     0
Transfers out of Level 3     0
Fair value, ending balance 80   131
Level 3 | Liability | Funds withheld liability      
Freestanding derivatives      
Fair value, beginning balance     0
Gain (loss) included in net income     0
Gain (loss) included in OCI     0
Purchases     (37)
Settlements     0
Sales     0
Transfers into Level 3     0
Transfers out of Level 3     0
Fair value, ending balance 0   (37)
Level 3 | Liability      
(Liabilities)      
Liability, beginning balance 77 21 (575)
Liability, gain (loss) included in net income 29 82 344
Liability, gain (loss) included in OCI 0 0 0
Liability, purchases (655) 0 (13)
Liability, settlements (26) (26) (10)
Liability, sales 0 0 0
Liability, transfer into Level 3 0 0 0
Liability, transfer out of Level 3 0 0 0
Liability, ending balance (575) 77 (254)
Level 3 | GMWB embedded derivative      
(Liabilities)      
Liability, beginning balance 77 21 80
Liability, gain (loss) included in net income 29 82  
Liability, gain (loss) included in OCI 0 0  
Liability, purchases 0 0  
Liability, settlements (26) (26)  
Liability, sales 0 0  
Liability, transfer into Level 3 0 0  
Liability, transfer out of Level 3 0 0  
Liability, ending balance 80 77  
Level 3 | Fixed maturities, AFS      
Assets      
Assets, beginning balance 967 795 1,175
Assets, gain (loss) included in net income 3 0 (2)
Assets, gain (loss) included in OCI (4) (3) (74)
Assets, purchases 444 287 359
Assets, settlements (124) (93) (257)
Assets, sales (30) (24) (29)
Assets, Transfers into level 3 1 55 20
Assets, Transfers out of level 3 (82) (50) (124)
Assets, ending balance 1,175 967 1,068
Level 3 | Fixed Maturities, FVO      
Assets      
Assets, beginning balance     0
Assets, gain (loss) included in net income     (21)
Assets, gain (loss) included in OCI     0
Assets, purchases     327
Assets, settlements     0
Assets, sales     0
Assets, Transfers into level 3     0
Assets, Transfers out of level 3     0
Assets, ending balance 0   306
Level 3 | Equity securities, at fair value      
Assets      
Assets, beginning balance 33 32 21
Assets, gain (loss) included in net income 20 0 6
Assets, gain (loss) included in OCI 0 0 0
Assets, purchases 0 1 8
Assets, settlements (32) 0 (11)
Assets, sales 0 0 0
Assets, Transfers into level 3 0 0 0
Assets, Transfers out of level 3 0 0 0
Assets, ending balance 21 33 24
Level 3 | Limited partnerships and other alternative investments      
Assets      
Assets, beginning balance     0
Assets, gain (loss) included in net income     16
Assets, gain (loss) included in OCI     0
Assets, purchases     42
Assets, settlements     0
Assets, sales     0
Assets, Transfers into level 3     0
Assets, Transfers out of level 3     0
Assets, ending balance 0   58
Level 3 | ABS | Fixed maturities, AFS      
Assets      
Assets, beginning balance 8 0 0
Assets, gain (loss) included in net income 0 0 0
Assets, gain (loss) included in OCI 0 0 (2)
Assets, purchases 0 10 52
Assets, settlements 0 0 (6)
Assets, sales 0 0 0
Assets, Transfers into level 3 0 0 0
Assets, Transfers out of level 3 (8) (2) (3)
Assets, ending balance 0 8 41
Level 3 | CLOs | Fixed maturities, AFS      
Assets      
Assets, beginning balance 248 259 159
Assets, gain (loss) included in net income 0 0 0
Assets, gain (loss) included in OCI 0 0 (1)
Assets, purchases 34 50 80
Assets, settlements (64) (36) (54)
Assets, sales 0 0 0
Assets, Transfers into level 3 0 0 0
Assets, Transfers out of level 3 (59) (25) (75)
Assets, ending balance 159 248 109
Level 3 | CMBS | Fixed maturities, AFS      
Assets      
Assets, beginning balance 143 54 276
Assets, gain (loss) included in net income 0 0 0
Assets, gain (loss) included in OCI (2) 2 (26)
Assets, purchases 136 90 68
Assets, settlements (1) 0 (34)
Assets, sales 0 0 0
Assets, Transfers into level 3 0 2 0
Assets, Transfers out of level 3 0 (5) (7)
Assets, ending balance 276 143 277
Level 3 | Corporate | Fixed maturities, AFS      
Assets      
Assets, beginning balance 460 328 665
Assets, gain (loss) included in net income 3 0 (2)
Assets, gain (loss) included in OCI (2) (6) (43)
Assets, purchases 245 132 132
Assets, settlements (30) (23) (137)
Assets, sales (11) (9) (10)
Assets, Transfers into level 3 0 53 20
Assets, Transfers out of level 3 0 (15) (6)
Assets, ending balance 665 460 619
Level 3 | Foreign governments | Fixed maturities, AFS      
Assets      
Assets, beginning balance     0
Assets, gain (loss) included in net income     0
Assets, gain (loss) included in OCI     (1)
Assets, purchases     5
Assets, settlements     0
Assets, sales     0
Assets, Transfers into level 3     0
Assets, Transfers out of level 3     0
Assets, ending balance 0   4
Level 3 | Municipal | Fixed maturities, AFS      
Assets      
Assets, beginning balance 0   1
Assets, gain (loss) included in net income 0   0
Assets, gain (loss) included in OCI 0   0
Assets, purchases 0   0
Assets, settlements 0   0
Assets, sales 0   0
Assets, Transfers into level 3 1   0
Assets, Transfers out of level 3 0   0
Assets, ending balance 1   1
Level 3 | RMBS | Fixed maturities, AFS      
Assets      
Assets, beginning balance 108 154 74
Assets, gain (loss) included in net income 0 0 0
Assets, gain (loss) included in OCI 0 1 (1)
Assets, purchases 29 5 22
Assets, settlements (29) (34) (26)
Assets, sales (19) (15) (19)
Assets, Transfers into level 3 0 0 0
Assets, Transfers out of level 3 (15) (3) (33)
Assets, ending balance 74 108 17
Level 3 | Short-term investments      
Assets      
Assets, beginning balance 14 22 75
Assets, gain (loss) included in net income 0 0 0
Assets, gain (loss) included in OCI 0 0 0
Assets, purchases 88 2 192
Assets, settlements (27) (10) (80)
Assets, sales 0 0 0
Assets, Transfers into level 3 0 0 0
Assets, Transfers out of level 3 0 0 (50)
Assets, ending balance 75 14 137
Level 3 | Derivative      
Freestanding derivatives      
Fair value, beginning balance     (188)
Gain (loss) included in net income     96
Gain (loss) included in OCI     0
Purchases     351
Settlements     (111)
Sales     0
Transfers into Level 3     0
Transfers out of Level 3     0
Fair value, ending balance (188)   148
Level 3 | Derivative | Interest rate derivatives      
Freestanding derivatives      
Fair value, beginning balance 2 2 0
Gain (loss) included in net income 2 0 22
Gain (loss) included in OCI 0 0 0
Purchases (4) 0 0
Settlements 0 0 (22)
Sales 0 0 0
Transfers into Level 3 0 0 0
Transfers out of Level 3 0 0 0
Fair value, ending balance 0 2 0
Level 3 | Derivative | Macro hedge program      
Freestanding derivatives      
Fair value, beginning balance (237) (441) (188)
Gain (loss) included in net income 153 385 74
Gain (loss) included in OCI 0 0 0
Purchases (1) 12 351
Settlements (103) (193) (89)
Sales 0 0 0
Transfers into Level 3 0 0 0
Transfers out of Level 3 0 0 0
Fair value, ending balance (188) (237) 148
Level 3 | Separate account asset (liability)      
Assets      
Assets, beginning balance 15 20 79
Assets, gain (loss) included in net income 0 0 (2)
Assets, gain (loss) included in OCI 0 0 0
Assets, purchases 71 2 99
Assets, settlements 0 0 0
Assets, sales (5) (4) (23)
Assets, Transfers into level 3 4 2 0
Assets, Transfers out of level 3 (6) (5) (100)
Assets, ending balance $ 79 $ 15 $ 53