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Federal Income Taxes - Significant Components of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Deferred Tax Assets    
Insurance liabilities and reinsurance-related balances $ 1,900 $ 410
Reinsurance-related embedded derivative liabilities 116 0
Compensation and benefit plans 184 172
Intangibles 18 21
Net unrealized loss on fixed maturity AFS securities 1,826 2,265
Net unrealized loss on trading securities 33 70
Investment activity 0 273
Tax credits 131 101
Net operating losses 87 278
Capital losses 93 0
Deferred gain on reinsurance 0 57
Total deferred tax assets 4,388 3,647
Deferred Tax Liabilities    
DAC and VOBA 1,744 1,742
Investment activity 617 0
Deferred loss on reinsurance 465 0
Reinsurance-related embedded derivative assets 0 87
MRB-related activity 429 134
Other 204 371
Total deferred tax liabilities 3,459 2,334
Net deferred tax asset (liability) $ 929 $ 1,313