XML 199 R166.htm IDEA: XBRL DOCUMENT v3.24.0.1
CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (AOCI) - Schedule of Pre-Tax and After-Tax (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax $ 201,838 $ 202,672  
End of year balance, net of tax 206,251 201,838 $ 202,672
Net unrealized gains (losses) on debt securities      
Change in accumulated other comprehensive income (loss), pretax      
Pretax 3,136 (7,178) (5,301)
Change in accumulated other comprehensive income (loss), tax effect      
Tax effect (882) 1,794 1,367
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax (5,998) (614) 3,320
Change, net of taxes 2,254 (5,384) (3,934)
End of year balance, net of tax (3,744) (5,998) (614)
Net unrealized gains (losses) on debt securities | Cumulative effect of adoption      
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax 0    
End of year balance, net of tax   0  
Net unrealized gains (losses) on debt securities | Adjusted balance      
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax (5,998)    
End of year balance, net of tax   (5,998)  
Debt valuation adjustment (DVA)      
Change in accumulated other comprehensive income (loss), pretax      
Pretax (2,078) 2,685 296
Change in accumulated other comprehensive income (loss), tax effect      
Tax effect 527 (656) (64)
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax 842 (1,187) (1,419)
Change, net of taxes (1,551) 2,029 232
End of year balance, net of tax (709) 842 (1,187)
Debt valuation adjustment (DVA) | Cumulative effect of adoption      
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax 0    
End of year balance, net of tax   0  
Debt valuation adjustment (DVA) | Adjusted balance      
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax 842    
End of year balance, net of tax   842  
Cash flow hedges      
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax (2,522) 101 1,593
Change, net of taxes 1,116 (2,623) (1,492)
End of year balance, net of tax (1,406) (2,522) 101
Cash flow hedges | Cumulative effect of adoption      
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax 0    
End of year balance, net of tax   0  
Cash flow hedges | Adjusted balance      
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax (2,522)    
End of year balance, net of tax   (2,522)  
Benefit plans      
Change in accumulated other comprehensive income (loss), pretax      
Pretax (353) 31 1,252
Change in accumulated other comprehensive income (loss), tax effect      
Tax effect 58 66 (240)
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax (5,755) (5,852) (6,864)
Change, net of taxes (295) 97 1,012
End of year balance, net of tax (6,050) (5,755) (5,852)
Benefit plans | Cumulative effect of adoption      
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax 0    
End of year balance, net of tax   0  
Benefit plans | Adjusted balance      
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax (5,755)    
End of year balance, net of tax   (5,755)  
CTA      
Change in accumulated other comprehensive income (loss), pretax      
Pretax 665 (2,004) (2,671)
Change in accumulated other comprehensive income (loss), tax effect      
Tax effect 87 (467) 146
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax (33,637) (31,166) (28,641)
Change, net of taxes 752 (2,471) (2,525)
End of year balance, net of tax (32,885) (33,637) (31,166)
CTA | Cumulative effect of adoption      
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax 0    
End of year balance, net of tax   0  
CTA | Adjusted balance      
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax (33,637)    
End of year balance, net of tax   (33,637)  
Excluded component of fair value hedges      
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax 8 (47) (47)
Change, net of taxes (48) 55 0
End of year balance, net of tax (40) 8 (47)
Excluded component of fair value hedges | Cumulative effect of adoption      
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax 0    
End of year balance, net of tax   0  
Excluded component of fair value hedges | Adjusted balance      
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax 8    
End of year balance, net of tax   8  
Accumulated other comprehensive income (loss)      
Change in accumulated other comprehensive income (loss), pretax      
AOCI, beginning balance, pretax (55,253) (45,383) (36,992)
Pretax 2,792 (9,870) (8,391)
AOCI, ending balance, pretax (52,422) (55,253) (45,383)
Change in accumulated other comprehensive income (loss), tax effect      
Balance, beginning of period, tax effect 8,191 6,618 4,934
Tax effect (557) 1,573 1,684
Balance, end of period, tax effect 7,622 8,191 6,618
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax (47,062) (38,765) (32,058)
Change, net of taxes 2,235 (8,297) (6,707)
End of year balance, net of tax (44,800) (47,062) (38,765)
Accumulated other comprehensive income (loss) | Cumulative effect of adoption      
Change in accumulated other comprehensive income (loss), pretax      
AOCI, beginning balance, pretax 39    
AOCI, ending balance, pretax   39  
Change in accumulated other comprehensive income (loss), tax effect      
Balance, beginning of period, tax effect (12)    
Balance, end of period, tax effect   (12)  
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax [1] 27 0 0
End of year balance, net of tax [1]   27 0
Accumulated other comprehensive income (loss) | Adjusted balance      
Change in accumulated other comprehensive income (loss), pretax      
AOCI, beginning balance, pretax (55,214)    
AOCI, ending balance, pretax   (55,214)  
Change in accumulated other comprehensive income (loss), tax effect      
Balance, beginning of period, tax effect 8,179    
Balance, end of period, tax effect   8,179  
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax (47,035) (38,765) (32,058)
End of year balance, net of tax   (47,035) (38,765)
Long-duration insurance contracts      
Change in accumulated other comprehensive income (loss), pretax      
Pretax 12 0 0
Change in accumulated other comprehensive income (loss), tax effect      
Tax effect (5) 0 0
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax 0 0 0
Change, net of taxes 7 0 0
End of year balance, net of tax 34 0 0
Long-duration insurance contracts | Cumulative effect of adoption      
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax 27    
End of year balance, net of tax   27  
Long-duration insurance contracts | Adjusted balance      
Change in accumulated other comprehensive income (loss)      
Beginning of year balance, net of tax 27    
End of year balance, net of tax   27  
Cash flow hedges | Cash flow hedges      
Change in accumulated other comprehensive income (loss), pretax      
Pretax 1,480 (3,477) (1,969)
Change in accumulated other comprehensive income (loss), tax effect      
Tax effect (364) 854 477
Change in accumulated other comprehensive income (loss)      
Change, net of taxes 1,116 (2,623) (1,492)
Fair value hedges | Excluded component of fair value hedges      
Change in accumulated other comprehensive income (loss), pretax      
Pretax (70) 73 2
Change in accumulated other comprehensive income (loss), tax effect      
Tax effect 22 (18) (2)
Change in accumulated other comprehensive income (loss)      
Change, net of taxes $ (48) $ 55 $ 0
[1] See Note 1 for additional details.