XML 185 R169.htm IDEA: XBRL DOCUMENT v3.25.0.1
Federal Income Taxes - Significant Components of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Deferred Tax Assets    
Insurance liabilities and reinsurance-related balances $ 1,856 $ 1,900
Net unrealized loss on fixed maturity AFS securities 2,164 1,826
Reinsurance-related embedded derivative liabilities 6 116
Compensation and benefit plans 206 184
Intangibles 17 18
Net unrealized loss on trading securities 30 33
Tax credits 169 131
Net operating losses 478 87
Capital losses 56 93
Total deferred tax assets 4,982 4,388
Deferred Tax Liabilities    
DAC and VOBA 1,638 1,744
Investment activity 1,486 617
Deferred loss on reinsurance 474 465
MRB-related activity 743 429
Other 37 204
Total deferred tax liabilities 4,378 3,459
Net deferred tax asset (liability) $ 604 $ 929