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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues        
Premiums $ 76 $ (1,098) $ 223 $ (945)
Net investment income 224 193 568 664
Policy and contract charges 522 590 1,626 1,715
Other revenues 155 177 492 436
Net realized investment gains (losses) (92) 533 (90) 589
Total revenues 885 395 2,819 2,459
Benefits and expenses        
Benefits, claims, losses and settlement expenses 368 (719) 660 337
Interest credited to fixed accounts 157 172 443 455
Amortization of deferred acquisition costs 104 6 343 69
Interest and debt expense 29 43 71 84
Other insurance and operating expenses 175 179 509 553
Total benefits and expenses 833 (319) 2,026 1,498
Pretax income (loss) 52 714 793 961
Income tax provision (benefit) 1 111 98 121
Net income (loss) $ 51 $ 603 $ 695 $ 840