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Consolidated Statements Of Comprehensive Income (Loss) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues                              
Insurance premiums $ 1,564 $ 1,548 $ 1,498 $ 1,477 $ 1,419 $ 1,394 $ 1,404 $ 1,400         $ 6,087 $ 5,617 $ 5,372
Fee income 1,453 1,527 1,506 1,568 1,635 2,000 1,673 1,597         6,054 6,905 6,371
Net investment income 1,411 1,295 1,398 1,411 1,444 1,575 1,583 1,509         5,515 6,111 5,510
Realized gain (loss) (407) 212 515 25 514 79 1 (180) $ 540 $ (179) $ 752 $ (100) 345 414 (513)
Amortization of deferred gain on business sold through reinsurance 10 10 11 11 11 9 9 9 22 17 31 27 42 38 41
Other revenues 191 189 160 182 206 181 192 198         723 777 658
Total revenues 4,222 4,781 5,088 4,674 5,229 5,238 4,862 4,533         18,766 19,862 17,439
Expenses                              
Interest credited 745 722 706 697 696 748 745 743         2,870 2,933 2,923
Benefits 1,985 5,103 2,890 2,568 2,251 2,121 1,930 2,227         12,546 8,529 8,677
Commissions and other expenses 1,382 1,355 1,123 1,235 1,330 1,908 1,325 1,231         5,096 5,794 5,064
Interest and debt expense 78 71 68 66 67 73 65 65         283 270 284
Spark program expense 48 44 44 31 31 22 21 13         167 87 68
Impairment of intangibles   634                 634   634    
Total expenses 4,238 7,929 4,831 4,597 4,375 4,872 4,086 4,279         21,596 17,613 17,016
Income (loss) before taxes (16) (3,148) 257 77 854 366 776 254         (2,830) 2,249 423
Federal income tax expense (benefit) (37) (565) 29 (15) 146 50 131 35         (589) 362 (76)
Net income (loss) 21 (2,583) 228 92 708 316 645 219 $ 319 $ 864 $ (2,264) $ 1,180 (2,241) 1,887 499
Unrealized investment gains (losses)                         (14,030) (2,535) 3,192
Foreign currency translation adjustment                         (20) (2) 5
Funded status of employee benefit plans                         (59) 47 61
Total other comprehensive income (loss), net of tax 960 (4,291) (5,589) (5,189) (408) (630) 1,718 (3,170)         (14,109) (2,490) 3,258
Comprehensive income (loss) $ 981 $ (6,874) $ (5,361) $ (5,097) $ 300 $ (314) $ 2,363 $ (2,951)         $ (16,350) $ (603) $ 3,757
Net Income (Loss) Per Common Share                              
Basic (in dollars per share) $ 0.12 $ (15.22) $ 1.34 $ 0.53 $ 3.92 $ 1.69 $ 3.40 $ 1.14         $ (13.11) $ 10.07 $ 2.58
Diluted (in dollars per share) 0.09 (15.23) 1.28 0.52 3.86 1.67 3.36 1.13         (13.19) 9.98 2.56
Cash Dividends Declared Per Common Share $ 0.45 $ 0.45 $ 0.45 $ 0.45 $ 0.45 $ 0.42 $ 0.42 $ 0.42         $ 1.80 $ 1.71 $ 1.62