XML 55 R44.htm IDEA: XBRL DOCUMENT v3.23.1
SIGNIFICANT ACCOUNTING POLICIES - Schedule of Deferred Policy Acquisition Costs (Details) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Jan. 01, 2021
Dec. 31, 2020
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC $ 4,817 $ 4,814   $ 4,098
Closed block liabilities 5,728 5,760    
Previously Reported        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       3,771
Effect of Modified Retrospective Application Accounting Standards Update 2018-12        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC     $ 467 327
Closed block liabilities       136
Protection Solutions | Effect of Modified Retrospective Application Accounting Standards Update 2018-12        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       3
Term | Protection Solutions        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC 356 362   403
Term | Protection Solutions | Previously Reported        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       403
Term | Protection Solutions | Effect of Modified Retrospective Application Accounting Standards Update 2018-12        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       0
UL | Protection Solutions        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC 21 20   5
UL | Protection Solutions | Previously Reported        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       0
UL | Protection Solutions | Effect of Modified Retrospective Application Accounting Standards Update 2018-12        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       5
VUL | Protection Solutions        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC 127 112   6
VUL | Protection Solutions | Previously Reported        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       0
VUL | Protection Solutions | Effect of Modified Retrospective Application Accounting Standards Update 2018-12        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       6
IUL | Protection Solutions        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC 0 0   0
IUL | Protection Solutions | Previously Reported        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       0
IUL | Protection Solutions | Effect of Modified Retrospective Application Accounting Standards Update 2018-12        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       0
GMxB Legacy | Legacy Segment        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC 214 127   200
GMxB Legacy | Legacy Segment | Previously Reported        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       192
GMxB Legacy | Legacy Segment | Effect of Modified Retrospective Application Accounting Standards Update 2018-12        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       8
GMxB Core | Individual Retirement        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC 1,561 1,585   1,646
GMxB Core | Individual Retirement | Previously Reported        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       1,635
GMxB Core | Individual Retirement | Effect of Modified Retrospective Application Accounting Standards Update 2018-12        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       11
EQUI-VEST Individual | Individual Retirement        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC 156 156   154
EQUI-VEST Individual | Individual Retirement | Previously Reported        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       141
EQUI-VEST Individual | Individual Retirement | Effect of Modified Retrospective Application Accounting Standards Update 2018-12        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       13
Investment Edge | Individual Retirement        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC 150 147   94
Investment Edge | Individual Retirement | Previously Reported        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       95
Investment Edge | Individual Retirement | Effect of Modified Retrospective Application Accounting Standards Update 2018-12        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       (1)
SCS | Individual Retirement        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       855
SCS | Individual Retirement | Previously Reported        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       645
SCS | Individual Retirement | Effect of Modified Retrospective Application Accounting Standards Update 2018-12        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       210
EQUI-VEST Group | Group Retirement        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC 716 711   634
EQUI-VEST Group | Group Retirement | Previously Reported        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       581
EQUI-VEST Group | Group Retirement | Effect of Modified Retrospective Application Accounting Standards Update 2018-12        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       53
Momentum | Group Retirement        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC $ 87 $ 89   101
Momentum | Group Retirement | Previously Reported        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       79
Momentum | Group Retirement | Effect of Modified Retrospective Application Accounting Standards Update 2018-12        
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]        
DAC       $ 22