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Consolidated Statements Of Comprehensive Income (Loss) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues              
Insurance premiums         $ 6,087 $ 5,617 $ 5,372
Fee income         5,603 6,039 6,371
Net investment income         5,515 6,111 5,510
Realized gain (loss)         840 (867) (513)
Amortization of deferred gain on business sold through reinsurance         42 38 41
Other revenues         723 777 658
Total revenues $ 3,841 $ 4,672 $ 5,577 $ 4,720 18,810 17,715 17,439
Expenses              
Benefits         8,479 8,503 8,677
Interest credited         2,877 2,929 2,923
Market risk benefit (gain) loss         (3,246) (3,753)  
Policyholder liability remeasurement (gain) loss         2,766 (183)  
Commissions and other expenses         5,125 5,219 5,064
Interest and debt expense         283 270 284
Spark program expense         167 87 68
Impairment of intangibles         634    
Total expenses 2,856 6,798 4,545 2,885 17,085 13,072 17,016
Income (loss) before taxes         1,725 4,643 423
Federal income tax expense (benefit)         367 865 (76)
Net income (loss) $ 812 $ (1,775) $ 840 $ 1,482 1,358 3,778 499
Unrealized investment gain (loss)         (18,059) (3,287) 3,192
Market risk benefit gain (loss)         (210) (923)  
Policyholder liability remeasurement gain (loss)         2,012 591  
Foreign currency translation adjustment         (20) (2) 5
Funded status of employee benefit plans         (59) 47 61
Total other comprehensive income (loss), net of tax         (16,336) (3,574) 3,258
Comprehensive income (loss)         $ (14,978) $ 204 $ 3,757
Net Income (Loss) Per Common Share              
Basic (in dollars per share) $ 4.80 $ (10.46) $ 4.91 $ 8.50 $ 7.93 $ 20.17 $ 2.58
Diluted (in dollars per share) $ 4.73 $ (10.47) $ 4.83 $ 8.39 7.78 19.96 2.56
Cash Dividends Declared Per Common Share         $ 1.80 $ 1.71 $ 1.62