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Consolidated Statements Of Comprehensive Income (Loss) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues    
Insurance premiums $ 1,516 $ 1,406
Fee income 1,321 1,393
Net investment income 1,409 1,352
Realized gain (loss) (394) 360
Amortization of deferred gain (loss) on business sold through reinsurance 8 10
Other revenues 157 154
Total revenues 4,017 4,675
Expenses    
Benefits 2,195 2,102
Interest credited 781 693
Market risk benefit (gain) loss 1,071 113
Policyholder liability remeasurement (gain) loss (118) 41
Commissions and other expenses 1,248 1,213
Interest and debt expense 46 29
Spark program expense 24 31
Total expenses 5,247 4,222
Income (loss) before taxes (1,230) 453
Federal income tax expense (benefit) (302) 63
Net income (loss) (928) 390
Other comprehensive income (loss), net of tax:    
Unrealized investment gain (loss) 1,777 (7,300)
Market risk benefit non-performance risk gain (loss) 1,026 20
Policyholder liability remeasurement gain (loss) (190) 759
Funded status of employee benefit plans   (1)
Total other comprehensive income (loss), net of tax 2,613 (6,522)
Comprehensive income (loss) $ 1,685 $ (6,132)