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Separate Accounts
 9 Months Ended
Sep. 30, 2024
Separate Accounts Disclosure [Abstract]  
Separate Accounts Separate Accounts
The following table presents the fair value of separate account assets (in millions) reported on the Consolidated Balance Sheets by major investment category:

As of
 September 30, 		As of
December 31,
20242023
Mutual funds and collective investment trusts$170,806 $157,578 
Exchange-traded funds349 350 
Fixed maturity AFS securities166 167 
Cash and invested cash 7 25 
Other investments155 137 
Total separate account assets$171,483 $158,257 

The following table reconciles separate account liabilities (in millions) to the Consolidated Balance Sheets:

As of
 September 30, 		As of
December 31,
20242023
Variable Annuities$120,470 $113,356 
UL and Other28,921 25,150 
Retirement Plan Services22,033 19,699 
Other Operations (1)
59 52 
Total separate account liabilities$171,483 $158,257 

(1) Represents separate account liabilities reported in Other Operations primarily attributable to the indemnity reinsurance agreements with Protective ($50 million and $46 million as of September 30, 2024, and December 31, 2023, respectively) that are excluded from the following tables.

The following table summarizes the balances of and changes in separate account liabilities (in millions):

As of or For the Nine
Months Ended
September 30, 2024		As of or For the Nine
Months Ended
September 30, 2023
Variable AnnuitiesUL and OtherRetirement Plan ServicesVariable AnnuitiesUL and OtherRetirement Plan Services
Balance as of beginning-of-year$113,356 $25,150 $19,699 $105,573 $20,920 $16,996 
Gross deposits3,002 1,058 1,751 2,137 1,178 1,576 
Withdrawals(10,190)(347)(2,382)(7,402)(227)(1,795)
Policyholder assessments(1,970)(742)(134)(1,883)(714)(121)
Change in market performance15,664 3,945 3,065 6,320 1,573 1,316 
Net transfers from (to) general account608 (143)34 447 (88)(44)
Balance as of end-of-period$120,470 $28,921 $22,033 $105,192 $22,642 $17,928 
Cash surrender value$119,106 $26,498 $22,018 $103,729 $20,324 $17,914