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Consolidated Statements Of Comprehensive Income (Loss) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues        
Insurance premiums $ 1,436 $ 1,328 $ 2,842 $ 2,658
Fee income 1,446 1,600 2,949 3,124
Net investment income 1,309 1,510 2,661 2,957
Realized gain (loss) 82 (172) 347 39
Amortization of deferred gain (loss) on business sold through reinsurance 18 7 35 14
Other revenues 163 162 316 332
Total revenues 4,454 4,435 9,150 9,124
Expenses        
Interest credited 701 732 1,392 1,463
Benefits 2,051 1,848 4,250 4,031
Commissions and other expenses 1,081 1,262 2,273 2,432
Interest and debt expense 31 28 60 57
Spark program expense 44 21 75 35
Total expenses 3,908 3,891 8,050 8,018
Income (loss) before taxes 546 544 1,100 1,106
Federal income tax expense (benefit) 90 82 175 180
Net income (loss) 456 462 925 926
Other comprehensive income (loss), net of tax (5,450) 1,721 (10,443) (1,460)
Comprehensive income (loss) $ (4,994) $ 2,183 $ (9,518) $ (534)