Quarterly Results of Operations

12 Months Ended

Dec. 31, 2022

Quarterly Results of Operations [Abstract]

Quarterly Results of Operations

26. Quarterly Results of Operations (Unaudited)

Amounts below reflect the adoption of ASU 2018-12 effective January 1, 2023. See Note 3 for transition disclosures related to the adoption of this ASU.

The unaudited quarterly results of operations (in millions, except per share data) were as follows:

	For the Three Months Ended
	March 31,		June 30,		September 30,			December 31,
	2022		2022		2022			2022
Total revenues	$	4,720	$	5,577	$	4,672		$	3,841
Total expenses		2,885		4,545		6,798			2,856
Net income (loss)		1,482		840		(1,775	)		812
Net income (loss) per common share – basic		8.50		4.91		(10.46	)		4.80
Net income (loss) per common share – diluted		8.39		4.83		(10.47	)		4.73