XML 108 R96.htm IDEA: XBRL DOCUMENT v3.22.4
Fair Value (Unobservable Input Reconciliation) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net Derivatives (2)      
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]      
Balance, beginning of period $ 36 $ 2  
Total realized/unrealized gains (losses) included in net income (loss) (5) (6) (9) 1 $ 9
Total realized/unrealized gains (losses) included in AOCI 17 12 (9)
Purchases (7) 1 20  
Sales (7) (9) 0  
Issuances (7) 0 0  
Settlements (7) 0 0  
Transfers into Level 3 (8) 0 0  
Transfers out of Level 3 (8) (1) 1  
Balance, end of period 35 36 2
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period (1) (11) (4)
Changes in unrealized gains (losses) included in OCI 17 12 (9)
Net Embedded Derivatives (3)      
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]      
Balance, beginning of period (8,614) (7,301)  
Total realized/unrealized gains (losses) included in net income (loss) (5) (6) 3,730 (1,229) (2,325)
Total realized/unrealized gains (losses) included in AOCI 0 0 0
Purchases (7) 0 0  
Sales (7) 0 0  
Issuances (7) 0 0  
Settlements (7) (587) (84)  
Transfers into Level 3 (8) 0 0  
Transfers out of Level 3 (8) 0 0  
Balance, end of period (5,471) (8,614) (7,301)
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 3,432 (761) (2,398)
Changes in unrealized gains (losses) included in OCI 0 0 0
Corporate (1)      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance, beginning of period 1,399 684  
Total realized/unrealized gains (losses) included in net income (loss) (5) (6) (5) (1) (6)
Total realized/unrealized gains (losses) included in AOCI (266) (7) (3)
Purchases (7) 933 951  
Sales (7) (184) (53)  
Issuances (7) 0 0  
Settlements (7) 0 0  
Transfers into Level 3 (8) 94 52  
Transfers out of Level 3 (8) (184) (227)  
Balance, end of period 1,787 1,399 684
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 3 (2) (5)
Changes in unrealized gains (losses) included in OCI (268) (6) (3)
Structured Securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance, beginning of period 220 67  
Total realized/unrealized gains (losses) included in net income (loss) (5) (6) 1 0 0
Total realized/unrealized gains (losses) included in AOCI (23) 0 1
Purchases (7) 251 202  
Sales (7) (16) (12)  
Issuances (7) 0 0  
Settlements (7) 0 0  
Transfers into Level 3 (8) 33 0  
Transfers out of Level 3 (8) (101) (37)  
Balance, end of period 365 220 67
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 0 0
Changes in unrealized gains (losses) included in OCI (23) 0 1
Foreign Government      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance, beginning of period 26 0  
Total realized/unrealized gains (losses) included in net income (loss) (5) (6) 0 0 0
Total realized/unrealized gains (losses) included in AOCI (10) 0 0
Purchases (7) 5 26  
Sales (7) (2) 0  
Issuances (7) 0 0  
Settlements (7) 0 0  
Transfers into Level 3 (8) 19 0  
Transfers out of Level 3 (8) 0 0  
Balance, end of period 38 26 0
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 0 0
Changes in unrealized gains (losses) included in OCI (10) 0 0
Equity Securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance, beginning of period 13 3  
Total realized/unrealized gains (losses) included in net income (loss) (5) (6) 0 0 0
Total realized/unrealized gains (losses) included in AOCI 0 0 0
Purchases (7) 14 10  
Sales (7) 0 0  
Issuances (7) 0 0  
Settlements (7) 0 0  
Transfers into Level 3 (8) 0 0  
Transfers out of Level 3 (8) 0 0  
Balance, end of period 27 13 3
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 1 0 0
Changes in unrealized gains (losses) included in OCI 0 0 0
Short-term Investments      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance, beginning of period 2 0  
Total realized/unrealized gains (losses) included in net income (loss) (5) (6) 0 0 0
Total realized/unrealized gains (losses) included in AOCI 0 0 0
Purchases (7) 0 2  
Sales (7) (2) 0  
Issuances (7) 0 0  
Settlements (7) 0 0  
Transfers into Level 3 (8) 0 0  
Transfers out of Level 3 (8) 0 0  
Balance, end of period 0 2 0
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 0 0
Changes in unrealized gains (losses) included in OCI 0 0 0
Separate Account Assets (4)      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance, beginning of period 0 3  
Total realized/unrealized gains (losses) included in net income (loss) (5) (6) 0 0 0
Total realized/unrealized gains (losses) included in AOCI 0 0 0
Purchases (7) 0 0  
Sales (7) 0 0  
Issuances (7) 0 0  
Settlements (7) 0 0  
Transfers into Level 3 (8) 0 0  
Transfers out of Level 3 (8) 0 (3)  
Balance, end of period 0 0 3
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 0 0
Changes in unrealized gains (losses) included in OCI $ 0 $ 0 $ 0