XML 120 R107.htm IDEA: XBRL DOCUMENT v3.24.3
Fair Value of Financial Instruments - Schedule of Investment Holdings Movements (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Fair Value Investments Entities That Calculate Net Asset Value Per Share Unobservable Input Investment Holdings Movements [Abstract]        
Issuances $ 459 $ 264 $ 1,377 $ 609
Sales (81) (28) (344) (223)
Maturities 1 (1) (3) (35)
Settlements 3 (130) (223) (668)
Calls (46) 0 (58) (13)
Total 336 105 749 (330)
Corporate bonds | Fixed maturity AFS securities, at fair value        
Fair Value Investments Entities That Calculate Net Asset Value Per Share Unobservable Input Investment Holdings Movements [Abstract]        
Issuances 281 178 922 587
Sales (61) (28) (260) (65)
Maturities 0 0 (2) (34)
Settlements (170) (45) (395) (347)
Calls 0 0 (1) (11)
Total 50 105 264 130
State and municipal bonds | Fixed maturity AFS securities, at fair value        
Fair Value Investments Entities That Calculate Net Asset Value Per Share Unobservable Input Investment Holdings Movements [Abstract]        
Issuances       0
Sales       (1)
Maturities       0
Settlements       0
Calls       0
Total   0 0 (1)
RMBS | Fixed maturity AFS securities, at fair value        
Fair Value Investments Entities That Calculate Net Asset Value Per Share Unobservable Input Investment Holdings Movements [Abstract]        
Issuances     6 5
Sales     0 0
Maturities     0 0
Settlements     0 0
Calls     0 0
Total 0 0 6 5
CMBS | Fixed maturity AFS securities, at fair value        
Fair Value Investments Entities That Calculate Net Asset Value Per Share Unobservable Input Investment Holdings Movements [Abstract]        
Issuances 14   29 0
Sales 0   0 0
Maturities 0   0 0
Settlements 0   0 (4)
Calls 0   0 0
Total 14   29 (4)
ABS | Fixed maturity AFS securities, at fair value        
Fair Value Investments Entities That Calculate Net Asset Value Per Share Unobservable Input Investment Holdings Movements [Abstract]        
Issuances 402 279 1,128 736
Sales (20) 0 (50) (2)
Maturities 0 0 0 0
Settlements (104) (32) (223) (167)
Calls (46) 0 (57) 0
Total 232 247 798 567
Hybrid and redeemable preferred securities | Fixed maturity AFS securities, at fair value        
Fair Value Investments Entities That Calculate Net Asset Value Per Share Unobservable Input Investment Holdings Movements [Abstract]        
Issuances 16   16 0
Sales 0   0 0
Maturities 0   0 0
Settlements 0   0 0
Calls 0   0 (2)
Total 16 0 16 (2)
Trading securities        
Fair Value Investments Entities That Calculate Net Asset Value Per Share Unobservable Input Investment Holdings Movements [Abstract]        
Issuances 1 0 6 0
Sales 0 0 (2) (155)
Maturities 0 0 0 0
Settlements (7) (4) (21) (81)
Calls 0 0 0 0
Total (6) (4) (17) (236)
Equity securities        
Fair Value Investments Entities That Calculate Net Asset Value Per Share Unobservable Input Investment Holdings Movements [Abstract]        
Issuances 1   1 1
Sales 0   (1) 0
Maturities 0   0 0
Settlements 0   0 0
Calls 0   0 0
Total 1 0 0 1
Mortgage loans on real estate        
Fair Value Investments Entities That Calculate Net Asset Value Per Share Unobservable Input Investment Holdings Movements [Abstract]        
Issuances 0 1 1 5
Sales 0 0 (31) 0
Maturities 0 0 0 0
Settlements (1) (89) (6) (179)
Calls 0 0 0 0
Total (1) (88) (36) (174)
Derivative investments        
Fair Value Investments Entities That Calculate Net Asset Value Per Share Unobservable Input Investment Holdings Movements [Abstract]        
Issuances 0   4 9
Sales 0   0 0
Maturities 1   (1) (1)
Settlements 0 0 0 0
Calls 0 0 0 0
Total 1 8 3 8
Other investments        
Fair Value Investments Entities That Calculate Net Asset Value Per Share Unobservable Input Investment Holdings Movements [Abstract]        
Issuances 10   10  
Sales 0   0  
Maturities 0   0  
Settlements 0   0  
Calls 0   0  
Total 10   10  
Indexed annuity ceded embedded derivatives | Other Assets        
Fair Value Investments Entities That Calculate Net Asset Value Per Share Unobservable Input Investment Holdings Movements [Abstract]        
Issuances 51 28 103 112
Sales 0 0 0 0
Maturities 0 0 0 0
Settlements (77) 4 (149) (14)
Calls 0 0 0 0
Total (26) 32 (46) 98
RILA, fixed indexed annuity and IUL contracts | Policyholder Account Balances        
Fair Value Investments Entities That Calculate Net Asset Value Per Share Unobservable Input Investment Holdings Movements [Abstract]        
Issuances (317) (231) (849) (846)
Sales 0 0 0 0
Maturities 0 0 0 0
Settlements 362 36 571 124
Calls 0 0 0 0
Total $ 45 $ (195) $ (278) $ (722)