DAC, VOBA, DSI and DFEL (Tables)

12 Months Ended

Dec. 31, 2022

DAC, VOBA, DSI and DFEL [Abstract]

DAC

	For the Years Ended December 31,
	2022			2021			2020
Balance as of beginning-of-year	$	5,801		$	5,590		$	7,418
Cumulative effect from adoption of new accounting
standard		-			-			5
Business acquired (sold) through reinsurance		-			(362	)		(26	)
Deferrals		1,372			1,364			1,427
Amortization, net of interest:
Amortization, excluding unlocking, net of interest		(770	)		(980	)		(811	)
Unlocking		(152	)		(558	)		(211	)
Adjustment related to realized (gains) losses		(113	)		(45	)		(35	)
Adjustment related to unrealized (gains) losses		6,648			792			(2,177	)
Balance as of end-of-year	$	12,786		$	5,801		$	5,590

VOBA

	For the Years Ended December 31,
	2022			2021			2020
Balance as of beginning-of-year	$	184		$	234		$	327
Business acquired (sold) through reinsurance		-			(288	)		-
Deferrals		2			-			3
Amortization:
Amortization, excluding unlocking		(76	)		(91	)		(107	)
Unlocking		70			(8	)		(201	)
Accretion of interest (1)		22			35			44
Adjustment related to realized (gains) losses		(2	)		(3	)		-
Adjustment related to unrealized (gains) losses		629			305			168
Balance as of end-of-year	$	829		$	184		$	234

⁽¹⁾The interest accrual rates utilized to calculate the accretion of interest ranged from 4.2% to 6.9%.

Estimated Future Amortization Of VOBA

2023	$	33
2024		35
2025		34
2026		33
2027		31

DSI

	For the Years Ended December 31,
	2022			2021			2020
Balance as of beginning-of-year	$	245		$	259		$	281
Deferrals		6			5			7
Amortization, net of interest:
Amortization, excluding unlocking, net of interest		(14	)		(25	)		(20	)
Unlocking		2			-			(1	)
Adjustment related to realized (gains) losses		(1	)		(2	)		(2	)
Adjustment related to unrealized (gains) losses		20			8			(6	)
Balance as of end-of-year	$	258		$	245		$	259

DFEL

	For the Years Ended December 31,
	2022			2021			2020
Balance as of beginning-of-year	$	399		$	396		$	646
Cumulative effect from adoption of new accounting
standard		-			-			4
Business acquired (sold) through reinsurance		-			(290	)		-
Deferrals		1,083			1,014			1,002
Amortization, net of interest:
Amortization, excluding unlocking, net of interest		(531	)		(593	)		(529	)
Unlocking		(48	)		(387	)		(275	)
Adjustment related to realized (gains) losses		(28	)		(22	)		16
Adjustment related to unrealized (gains) losses		4,820			281			(468	)
Balance as of end-of-year	$	5,695		$	399		$	396