Consolidated Statements of Income (Loss) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
REVENUES
Policy charges and fee income		$ 193	$ 549	$ 900	$ 1,702
Premiums		102	193	455	548
Net derivative gains (losses)		941	190	(121)	2,168
Net investment income (loss)		893	788	2,636	2,238
Investment gains (losses), net:
Credit and intent to sell losses on available for sale debt securities and loans		(65)	(273)	(143)	(272)
Other investment gains (losses), net		(443)	(75)	(501)	(640)
Total investment gains (losses), net		(508)	(348)	(644)	(912)
Investment management and service fees		36	173	269	547
Other income		346	72	812	260
Total revenues		2,003	1,617	4,307	6,551
BENEFITS AND OTHER DEDUCTIONS
Policyholders’ benefits		418	523	1,371	1,728
Remeasurement of liability for future policy benefits		26	14	25	38
Change in market risk benefits and purchased market risk benefits		(211)	(450)	(279)	17
Interest credited to policyholders’ account balances		323	352	1,070	927
Compensation and benefits		41	56	144	146
Commissions		228	207	647	541
Interest expense		3	2	6	2
Amortization of deferred policy acquisition costs		128	119	373	351
Other operating costs and expenses		158	204	547	776
Total benefits and other deductions		1,114	1,027	3,904	4,526
Income (loss) from continuing operations, before income taxes		889	590	403	2,025
Income tax (expense) benefit		(56)	(132)	834	(386)
Net income (loss)		833	458	1,237	1,639
Less: Net income (loss) attributable to the noncontrolling interest	[1]	(1)	0	0	(4)
Net income (loss) attributable to Equitable Financial		$ 834	$ 458	$ 1,237	$ 1,643

[1] See Note 14 of the Notes to these Consolidated Financial Statements for details of redeemable noncontrolling interest.