XML 115 R102.htm IDEA: XBRL DOCUMENT v3.24.3
Fair Value of Financial Instruments - Carrying and Estimated Fair Values of Financial Instruments (Details) - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Fixed maturity AFS securities $ 90,682 $ 88,738
Trading securities 2,206 2,359
Equity securities 293 306
Mortgage loans on real estate 20,856 18,963
Derivative investments 9,522 6,474
Other investments 5,743 5,015
MRB assets 4,565 3,894
Policyholder account balances:    
MRB liabilities $ (1,272) $ (1,716)
Other liabilities:    
Derivative Liability, Statement of Financial Position [Extensible Enumeration] Other liabilities Other liabilities
Carrying Value    
ASSETS    
Trading securities $ 2,206 $ 2,359
Equity securities 293 306
Mortgage loans on real estate 20,856 18,963
Derivative investments 9,522 6,474
Other investments 5,743 5,015
Cash and invested cash 6,013 3,365
MRB assets 4,565 3,894
Other assets:    
Separate account assets 171,483 158,257
Policyholder account balances:    
Funds withheld reinsurance liabilities – reinsurance-related embedded derivatives (668) (552)
MRB liabilities (1,272) (1,716)
Short-term debt (300) (250)
Long-term debt (5,897) (5,699)
Fair Value    
ASSETS    
Trading securities 2,206 2,359
Equity securities 293 306
Mortgage loans on real estate 19,945 17,407
Derivative investments 9,522 6,474
Other investments 5,743 5,015
Cash and invested cash 6,013 3,365
MRB assets 4,565 3,894
Other assets:    
Separate account assets 171,483 158,257
Policyholder account balances:    
Funds withheld reinsurance liabilities – reinsurance-related embedded derivatives (668) (552)
MRB liabilities (1,272) (1,716)
Short-term debt (297) (249)
Long-term debt (5,370) (5,182)
Other Assets | Carrying Value    
Other assets:    
Ceded MRBs 2 2
Indexed annuity ceded embedded derivatives 1,132 940
Other Assets | Fair Value    
Other assets:    
Ceded MRBs 2 2
Indexed annuity ceded embedded derivatives 1,132 940
Policyholder Account Balances | Carrying Value    
Policyholder account balances:    
Account balances of certain investment contracts (45,822) (44,640)
RILA, fixed annuity and IUL contracts (12,270) (9,077)
Policyholder Account Balances | Fair Value    
Policyholder account balances:    
Account balances of certain investment contracts (35,885) (34,041)
RILA, fixed annuity and IUL contracts (12,270) (9,077)
Other Liabilities | Carrying Value    
Other liabilities:    
Ceded MRBs (341) (239)
Derivative liabilities (85) (356)
Remaining guaranteed interest and similar contracts (355) (411)
Other Liabilities | Fair Value    
Other liabilities:    
Ceded MRBs (341) (239)
Derivative liabilities (85) (356)
Remaining guaranteed interest and similar contracts (355) (411)
Fixed maturity AFS securities, at fair value | Carrying Value    
ASSETS    
Fixed maturity AFS securities 90,682 88,738
Fixed maturity AFS securities, at fair value | Fair Value    
ASSETS    
Fixed maturity AFS securities $ 90,682 $ 88,738