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Equity (Tables)
 9 Months Ended
Sep. 30, 2024
Stockholders' Equity Note [Abstract]  
Rollforward of Common Stock Outstanding
The following table presents a rollforward of outstanding shares:
Nine Months Ended September 30, 2024
Common
Stock Issued		Treasury
Stock		Common Stock
Outstanding
(in millions)
Shares, beginning of year1,906.7 (1,217.9)688.8 
Shares issued— 6.7 6.7 
Shares repurchased— (65.2)(65.2)
Shares, end of period1,906.7 (1,276.4)630.3 
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table presents a rollforward of Accumulated other comprehensive income (loss):
(in millions)Unrealized
Appreciation
(Depreciation)
of Fixed Maturity
Securities on Which
Allowance for Credit
Losses Was Taken		Unrealized
Appreciation
(Depreciation)
of All Other
Investments		Change in Fair
Value of Market
Risk Benefits
Attributable to
Changes in
Our Own
Credit Risk		Change in the
discount rates
used to measure
traditional and
limited payment
long-duration
insurance contracts		Foreign
Currency
Translation
Adjustments		Retirement
Plan
Liabilities
Adjustment		Total
Balance, June 30, 2024, net of tax$(38)$(3,422)$— $22 $(3,322)$(805)$(7,565)
Change in unrealized appreciation (depreciation) of investments*
45 1,581 — — — — 1,626 
Change in other— 17 — — — — 17 
Change in discount rates— — — (12)— — (12)
Change in foreign currency translation adjustments
— — — — 427 — 427 
Change in net actuarial loss
— — — — — 2 2 
Change in prior service cost
— — — — — (1)(1)
Change in deferred tax asset (liability)
(8)(249)— 58 (13)— (212)
Total other comprehensive income37 1,349 — 46 414 1 1,847 
Noncontrolling interests— — — — 4 — 4 
Balance, September 30, 2024, net of tax$(1)$(2,073)$— $68 $(2,912)$(804)$(5,722)
Balance, June 30, 2023, net of tax$(60)$(16,655)$(315)$2,067 $(3,174)$(845)$(18,982)
Change in unrealized appreciation (depreciation) of investments*
(69)(7,025)— — — — (7,094)
Change in other(11)17 — — — — 6 
Change in fair value of market risk benefits, net— — (104)— — — (104)
Change in discount rates— — — 1,470 — — 1,470 
Change in future policy benefits
— 173 — — — — 173 
Change in foreign currency translation adjustments
— — — — (279)— (279)
Change in net actuarial loss
— — — — — 62 62 
Change in prior service cost
— — — — — 1 1 
Change in deferred tax asset (liability)
14 1,141 23 (323)10 (18)847 
Total other comprehensive income (loss)(66)(5,694)(81)1,147 (269)45 (4,918)
Corebridge noncontrolling interests(1)(72)(2)14 — — (61)
Noncontrolling interests(17)(1,760)(29)387 (13)— (1,432)
Balance, September 30, 2023, net of tax$(110)$(20,661)$(369)$2,841 $(3,430)$(800)$(22,529)
(in millions)Unrealized
Appreciation
(Depreciation)
of Fixed Maturity
Securities on Which
Allowance for Credit
Losses Was Taken		Unrealized
Appreciation
(Depreciation)
of All Other
Investments		Change in Fair
Value of Market
Risk Benefits
Attributable to
Changes in
Our Own
Credit Risk		Change in the
discount rates
used to measure
traditional and
limited payment
long-duration
insurance contracts		Foreign
Currency
Translation
Adjustments		Retirement
Plan
Liabilities
Adjustment		Total
Balance, December 31, 2023, net of tax$(106)$(10,888)$(476)$1,233 $(2,979)$(821)$(14,037)
Change in unrealized appreciation (depreciation) of investments*
98 (729)— — — — (631)
Change in other— 13 — — — — 13 
Change in fair value of market risk benefits, net— — 130 — — — 130 
Change in discount rates— — — 947 — — 947 
Change in future policy benefits— (59)— — — — (59)
Change in foreign currency translation adjustments— — — — 173 — 173 
Change in net actuarial loss— — — — — 19 19 
Change in prior service cost— — — — — 2 2 
Change in deferred tax asset (liability)(20)(92)(28)(166)(14)(4)(324)
Corebridge deconsolidation, net of tax42 8,513 330 (1,583)(88)— 7,214 
Total other comprehensive income120 7,646 432 (802)71 17 7,484 
Corebridge noncontrolling interests2 610 33 (105)(3)— 537 
Noncontrolling interests17 (559)(11)258 1 — (294)
Balance, September 30, 2024, net of tax$(1)$(2,073)$— $68 $(2,912)$(804)$(5,722)
Balance, December 31, 2022, net of tax$(136)$(20,675)$(284)$2,459 $(3,056)$(924)$(22,616)
Change in unrealized appreciation (depreciation) of investments*44 (4,412)— — — — (4,368)
Change in other(11)(36)— — — — (47)
Change in fair value of market risk benefits, net— — (250)— — — (250)
Change in discount rates— — — 1,474 — — 1,474 
Change in future policy benefits— 210 — — — — 210 
Change in foreign currency translation adjustments— — — — (323)— (323)
Change in net actuarial loss— — — — — 167 167 
Change in prior service cost— — — — — 3 3 
Change in deferred tax asset (liability)(9)798 54 (374)(33)(45)391 
Total other comprehensive income (loss)24 (3,440)(196)1,100 (356)125 (2,743)
Corebridge noncontrolling interests3 2,053 52 (331)(10)(1)1,766 
Noncontrolling interests1 (1,401)(59)387 8 — (1,064)
Balance, September 30, 2023, net of tax$(110)$(20,661)$(369)$2,841 $(3,430)$(800)$(22,529)
*Includes net unrealized gains and losses attributable to businesses held for sale or reclassified to discontinued operations at September 30, 2024 and 2023.
Schedule of Other Comprehensive Income (Loss) Reclassification Adjustments
The following table presents the other comprehensive income (loss) reclassification adjustments for the three and nine months ended September 30, 2024 and 2023, respectively:
(in millions)Unrealized
Appreciation
(Depreciation)
of Fixed Maturity
Securities on Which
Allowance for Credit
Losses Was Taken		Unrealized
Appreciation
(Depreciation)
of All Other
Investments		Change in Fair
Value of Market
Risk Benefits
Attributable to
Changes in Our
Own Credit Risk		Change in the
discount rates
used to measure
traditional and
limited payment
long-duration
insurance contracts		Foreign
Currency
Translation
Adjustments		Retirement
Plan
Liabilities
Adjustment		Total
Three Months Ended September 30, 2024
Unrealized change arising during period$45 $1,514 $— $(12)$427 $(7)$1,967 
Less: Reclassification adjustments included in net income— (84)— — — (8)(92)
Total other comprehensive income (loss), before income tax expense (benefit)45 1,598 — (12)427 1 2,059 
Less: Income tax expense (benefit)8 249 — (58)13 — 212 
Total other comprehensive income (loss), net of income tax expense (benefit)$37 $1,349 $— $46 $414 $1 $1,847 
Three Months Ended September 30, 2023
Unrealized change arising during period$(80)$(6,998)$(104)$1,470 $(279)$57 $(5,934)
Less: Reclassification adjustments included in net income— (163)— — — (6)(169)
Total other comprehensive income (loss), before income tax expense (benefit)(80)(6,835)(104)1,470 (279)63 (5,765)
Less: Income tax expense (benefit)(14)(1,141)(23)323 (10)18 (847)
Total other comprehensive income (loss), net of income tax expense (benefit)$(66)$(5,694)$(81)$1,147 $(269)$45 $(4,918)
(in millions)Unrealized
Appreciation
(Depreciation)
of Fixed Maturity
Securities on Which
Allowance for Credit
Losses Was Taken		Unrealized
Appreciation
(Depreciation)
of All Other
Investments		Change in Fair
Value of Market
Risk Benefits
Attributable to
Changes in Our
Own Credit Risk		Change in the
discount rates
used to measure
traditional and
limited payment
long-duration
insurance contracts		Foreign
Currency
Translation
Adjustments		Retirement
Plan
Liabilities
Adjustment		Total
Nine Months Ended September 30, 2024
Unrealized change arising during period$98 $(1,129)$130 $947 $173 $(2)$217 
Less: Reclassification adjustments included in net income(42)(8,867)(330)1,583 88 (23)(7,591)
Total other comprehensive income (loss), before of income tax expense (benefit)140 7,738 460 (636)85 21 7,808 
Less: Income tax expense (benefit)20 92 28 166 14 4 324 
Total other comprehensive income (loss), net of income tax expense (benefit)$120 $7,646 $432 $(802)$71 $17 $7,484 
Nine Months Ended September 30, 2023
Unrealized change arising during period$10 $(5,171)$(250)$1,474 $(323)$147 $(4,113)
Less: Reclassification adjustments included in net income(23)(933)— — — (23)(979)
Total other comprehensive income (loss), before income tax expense (benefit)33 (4,238)(250)1,474 (323)170 (3,134)
Less: Income tax expense (benefit)9 (798)(54)374 33 45 (391)
Total other comprehensive income (loss), net of income tax expense (benefit)$24 $(3,440)$(196)$1,100 $(356)$125 $(2,743)
Schedule of Effect of the Reclassification of Significant Items out of Accumulated Other Comprehensive Income on the Respective Line Items in the Consolidated Statements of Income
The following table presents the effect of the reclassification of significant items out of AOCI on the respective line items in the Condensed Consolidated Statements of Income (Loss)(a):
Amount Reclassified from AOCIAffected Line Item in the
Three Months Ended September 30,Condensed Consolidated
(in millions)20242023Statements of Income (Loss)
Unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken
Investments$— $— Net realized gains (losses)
Total— — 
Unrealized appreciation (depreciation) of all other investments
Investments(84)(163)Net realized gains (losses)
Total(84)(163)
Change in retirement plan liabilities adjustment
Prior-service credit— (1)
(b)
Actuarial losses(8)(5)
(b)
Total(8)(6)
Total reclassifications for the period$(92)$(169)
Amount Reclassified from AOCIAffected Line Item in the
Nine Months Ended September 30,Condensed Consolidated
(in millions)20242023Statements of Income (Loss)
Unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken
Investments$— $(23)Net realized gains (losses)
Total— (23)
Unrealized appreciation (depreciation) of all other investments
Investments(354)(933)Net realized gains (losses)
Total(354)(933)
Change in retirement plan liabilities adjustment
Prior-service credit(1)(2)
(b)
Actuarial losses(22)(21)
(b)
Total(23)(23)
Corebridge deconsolidation, net of tax(7,214)— 
(c)
Total reclassifications for the period$(7,591)$(979)
(a)The following items are not reclassified out of AOCI and included in the Condensed Consolidated Statements of Income (Loss) and thus have been excluded from the table: (a) Change in fair value of market risk benefits attributable to changes in our own credit risk and (b) Change in the discount rates used to measure traditional and limited-payment long-duration insurance contracts.
(b)These AOCI components are included in the computation of net periodic pension cost.
(c)Represents adjustments related to the deconsolidation of Corebridge which is reflected in Income (loss) from discontinued operations, net of taxes. See the rollforward of Accumulated other comprehensive income (loss) above for further details.