XML 95 R83.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Fair Value (Recurring Fair Value Measurements) (Details) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets [Abstract]    
Fixed maturity securities, estimated fair value $ 79,602 $ 80,085
Equity securities 47 66
Short-term investments 654 574
Derivative assets 3,833 3,703
Market risk benefit assets 839 656
Separate account assets 83,489 81,690
Liabilities [Abstract]    
Market risk benefit liabilities 8,985 10,344
Derivative liabilities 5,373 5,080
Recurring    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 79,602 80,085
Equity securities 47 66
Short-term investments 654 574
Derivative assets 3,833 3,703
Embedded derivatives on index-linked annuities 22 0
Market risk benefit assets 839 656
Separate account assets 83,489 81,690
Total assets 168,486 166,774
Liabilities [Abstract]    
Market risk benefit liabilities 8,985 10,344
Derivative liabilities 5,373 5,080
Embedded derivatives on index-linked annuities 9,963 8,186
Total liabilities 24,321 23,610
Recurring | Interest rate    
Assets [Abstract]    
Derivative assets 259 245
Liabilities [Abstract]    
Derivative liabilities 2,738 2,209
Recurring | Foreign currency exchange rate    
Assets [Abstract]    
Derivative assets 472 438
Liabilities [Abstract]    
Derivative liabilities 31 47
Recurring | Credit    
Assets [Abstract]    
Derivative assets 29 27
Liabilities [Abstract]    
Derivative liabilities 1 0
Recurring | Equity market    
Assets [Abstract]    
Derivative assets 3,073 2,993
Liabilities [Abstract]    
Derivative liabilities 2,603 2,824
Recurring | U.S. corporate    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 35,529 35,339
Recurring | Foreign corporate    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 11,678 11,582
Recurring | U.S. government and agency    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 7,445 8,214
Recurring | RMBS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 7,400 7,366
Recurring | ABS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 6,460 6,401
Recurring | CMBS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 6,388 6,339
Recurring | State and political subdivision    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 3,699 3,813
Recurring | Foreign Government    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 1,003 1,031
Recurring | Level 1    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 3,058 3,680
Equity securities 12 18
Short-term investments 215 214
Derivative assets 0 0
Embedded derivatives on index-linked annuities 0 0
Market risk benefit assets 0 0
Separate account assets 14 20
Total assets 3,299 3,932
Liabilities [Abstract]    
Market risk benefit liabilities 0 0
Derivative liabilities 0 0
Embedded derivatives on index-linked annuities 0 0
Total liabilities 0 0
Recurring | Level 1 | Interest rate    
Assets [Abstract]    
Derivative assets 0 0
Liabilities [Abstract]    
Derivative liabilities 0 0
Recurring | Level 1 | Foreign currency exchange rate    
Assets [Abstract]    
Derivative assets 0 0
Liabilities [Abstract]    
Derivative liabilities 0 0
Recurring | Level 1 | Credit    
Assets [Abstract]    
Derivative assets 0 0
Liabilities [Abstract]    
Derivative liabilities 0 0
Recurring | Level 1 | Equity market    
Assets [Abstract]    
Derivative assets 0 0
Liabilities [Abstract]    
Derivative liabilities 0 0
Recurring | Level 1 | U.S. corporate    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 0 0
Recurring | Level 1 | Foreign corporate    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 0 0
Recurring | Level 1 | U.S. government and agency    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 3,058 3,680
Recurring | Level 1 | RMBS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 0 0
Recurring | Level 1 | ABS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 0 0
Recurring | Level 1 | CMBS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 0 0
Recurring | Level 1 | State and political subdivision    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 0 0
Recurring | Level 1 | Foreign Government    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 0 0
Recurring | Level 2    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 74,774 74,669
Equity securities 10 23
Short-term investments 439 360
Derivative assets 3,822 3,685
Embedded derivatives on index-linked annuities 0 0
Market risk benefit assets 0 0
Separate account assets 83,475 81,670
Total assets 162,520 160,407
Liabilities [Abstract]    
Market risk benefit liabilities 0 0
Derivative liabilities 5,373 5,080
Embedded derivatives on index-linked annuities 0 0
Total liabilities 5,373 5,080
Recurring | Level 2 | Interest rate    
Assets [Abstract]    
Derivative assets 259 245
Liabilities [Abstract]    
Derivative liabilities 2,738 2,209
Recurring | Level 2 | Foreign currency exchange rate    
Assets [Abstract]    
Derivative assets 466 426
Liabilities [Abstract]    
Derivative liabilities 31 47
Recurring | Level 2 | Credit    
Assets [Abstract]    
Derivative assets 24 21
Liabilities [Abstract]    
Derivative liabilities 1 0
Recurring | Level 2 | Equity market    
Assets [Abstract]    
Derivative assets 3,073 2,993
Liabilities [Abstract]    
Derivative liabilities 2,603 2,824
Recurring | Level 2 | U.S. corporate    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 34,587 34,344
Recurring | Level 2 | Foreign corporate    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 11,353 11,257
Recurring | Level 2 | U.S. government and agency    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 4,387 4,534
Recurring | Level 2 | RMBS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 7,380 7,351
Recurring | Level 2 | ABS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 6,041 6,075
Recurring | Level 2 | CMBS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 6,345 6,300
Recurring | Level 2 | State and political subdivision    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 3,699 3,813
Recurring | Level 2 | Foreign Government    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 982 995
Recurring | Level 3    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 1,770 1,736
Equity securities 25 25
Short-term investments 0 0
Derivative assets 11 18
Embedded derivatives on index-linked annuities 22 0
Market risk benefit assets 839 656
Separate account assets 0 0
Total assets 2,667 2,435
Liabilities [Abstract]    
Market risk benefit liabilities 8,985 10,344
Derivative liabilities 0 0
Embedded derivatives on index-linked annuities 9,963 8,186
Total liabilities 18,948 18,530
Recurring | Level 3 | Interest rate    
Assets [Abstract]    
Derivative assets 0 0
Liabilities [Abstract]    
Derivative liabilities 0 0
Recurring | Level 3 | Foreign currency exchange rate    
Assets [Abstract]    
Derivative assets 6 12
Liabilities [Abstract]    
Derivative liabilities 0 0
Recurring | Level 3 | Credit    
Assets [Abstract]    
Derivative assets 5 6
Liabilities [Abstract]    
Derivative liabilities 0 0
Recurring | Level 3 | Equity market    
Assets [Abstract]    
Derivative assets 0 0
Liabilities [Abstract]    
Derivative liabilities 0 0
Recurring | Level 3 | U.S. corporate    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 942 995
Recurring | Level 3 | Foreign corporate    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 325 325
Recurring | Level 3 | U.S. government and agency    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 0 0
Recurring | Level 3 | RMBS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 20 15
Recurring | Level 3 | ABS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 419 326
Recurring | Level 3 | CMBS    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 43 39
Recurring | Level 3 | State and political subdivision    
Assets [Abstract]    
Fixed maturity securities, estimated fair value 0 0
Recurring | Level 3 | Foreign Government    
Assets [Abstract]    
Fixed maturity securities, estimated fair value $ 21 $ 36