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Consolidated Statements of Operations (Parenthetical) - USD ($)
$ in Millions
6 Months Ended 12 Months Ended
Dec. 31, 2021
Jun. 30, 2021
Dec. 31, 2023
Dec. 31, 2022
Premiums $ (26) $ (24) $ (88) $ (99)
Insurance Commissions and Fees (434) (438) (646) (509)
Net Investment Income (498) (534) (590) (778)
Investment and derivative related losses, net (50) (242) (929) (76)
Benefits and losses, remeasurement gain (loss) 14 0 (17) 10
Benefits and losses 161 349 307 521
Change in market risk benefits 2 0 (305) (295)
Amortization value of business acquired and deferred acquisition costs 24 (43) 55 61
Other Cost and Expense, Operating (212) (232) (334) (301)
Affiliated Entity        
Premiums 0 0 (56) (27)
Insurance Commissions and Fees 0 0 (304) (320)
Net Investment Income 0 0 (380) (136)
Investment and derivative related losses, net 0 0 361 696
Benefits and losses 0 0 (276) (117)
Change in market risk benefits 0 0 77 4
Amortization value of business acquired and deferred acquisition costs 0 0 14 19
Other Cost and Expense, Operating $ 0 $ 0 $ (136) $ (119)