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Federal Income Taxes - Significant Components of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Deferred Tax Assets    
Net unrealized loss on fixed maturity AFS securities $ 1,486 $ 1,246
Insurance liabilities and reinsurance-related balances 318 322
Compensation and benefit plans 197 175
Intangibles 17 18
Net unrealized loss on trading securities 30 33
Investment activity 0 91
Tax credits 141 103
Net operating losses 359 87
Capital losses 56 93
Deferred gain on reinsurance 375 400
Total deferred tax assets 2,979 2,568
Deferred Tax Liabilities    
DAC and VOBA 1,774 1,906
Reinsurance-related embedded derivative assets 153 104
MRB-related activity 234 286
Investment activity 808 0
Other 227 223
Total deferred tax liabilities 3,196 2,519
Net deferred tax asset (liability) $ (217)  
Net deferred tax asset (liability)   $ 49