Schedule I - Summary of Investments - Other Than Investments in Related Parties

12 Months Ended

Dec. 31, 2023

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 RELATED PARTIES

($ in millions)

	Successor Company
	As of December 31, 2023
Type of Investment	Cost [1]		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)	$	1,340	$	1,010	$	1,010
States, municipalities and political subdivisions	961		803		803
Foreign governments	442		404		404
Public utilities	1,599		1,331		1,331
All other corporate bonds	9,637		8,205		8,205
All other mortgage-backed and asset-backed securities	3,347		3,092		3,092
Total fixed maturities, available-for-sale	17,326		14,845		14,845
Fixed maturities, at fair value using fair value option	230		225		225
Total fixed maturities	17,556		15,070		15,070
Equity Securities
Common stocks:
Industrial, miscellaneous and all other	21		22		22
Non-redeemable preferred stocks	182		160		160
Total equity securities, at fair value	203		182		182
Mortgage loans	2,045				2,019
Policy loans	1,534				1,534
Other investments	35		35		35
Short-term investments	741		741		741
Investment funds, at fair value using fair value option	262		232		232
Investment funds accounted for under the equity method	1,145				1,145
Total investments	$	23,521			$	20,958