XML 99 R84.htm IDEA: XBRL DOCUMENT v3.23.1
Deferred Policy Acquisition Costs - Rollforward of DAC (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]    
Balance, beginning of year $ 12,857 $ 13,001
Capitalization 1,689 1,402
Amortization expense (1,293) (1,137)
Other, including foreign exchange 51 (47)
Balance, end of year 13,304 13,219
General Insurance    
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]    
Balance, beginning of year 2,310 2,428
Capitalization 1,358 1,129
Amortization expense (1,034) (893)
Other, including foreign exchange 40 (16)
Balance, end of year 2,674 2,648
Individual Retirement    
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]    
Balance, beginning of year 4,597 4,553
Capitalization 187 143
Amortization expense (137) (118)
Other, including foreign exchange 0 0
Balance, end of year 4,647 4,578
Group Retirement    
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]    
Balance, beginning of year 1,060 1,078
Capitalization 20 15
Amortization expense (21) (19)
Other, including foreign exchange 0 0
Balance, end of year 1,059 1,074
Life Insurance    
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]    
Balance, beginning of year 4,839 4,904
Capitalization 120 112
Amortization expense (99) (106)
Other, including foreign exchange 11 (30)
Balance, end of year 4,871 4,880
Institutional Markets    
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]    
Balance, beginning of year 51 38
Capitalization 4 3
Amortization expense (2) (1)
Other, including foreign exchange 0 (1)
Balance, end of year $ 53 $ 39