SCHEDULE I - SUMMARY OF INVESTMENTS - OTHER THAN INVESTMENTS IN RELATED PARTIES

12 Months Ended

Dec. 31, 2021

SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Abstract]

Schedule I - Summary of Investments - Other than Investments in Related Parties

SCHEDULE I

SUMMARY OF INVESTMENTS—OTHER THAN INVESTMENTS IN RELATED PARTIES

AS OF DECEMBER 31, 2021

	Cost (1)		Fair Value		Carrying Value
	(in millions)
Fixed maturities, AFS:
U.S. government, agencies and authorities	$	66	$	66	$	66
State, municipalities and political subdivisions	31		34		34
Public utilities	292		303		303
All other corporate bonds	1,945		2,059		2,059
Asset-backed	30		30		30
Commercial mortgage-backed	80		80		80
Total fixed maturities, AFS	2,444		2,572		2,572
Mortgage loans on real estate (2)	17		18		17
Policy loans	238		292		238
Other equity investments	21		23		23
Other invested assets	19		19		19
Total Investments	$	2,739	$	2,924	$	2,869

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(1)Cost for fixed maturities represents original cost, reduced by repayments and write-downs and adjusted for amortization of premiums or accretion of discount; cost for equity securities represents original cost reduced by write-downs.

(2)Carrying value for mortgage loans on real estate represents original cost adjusted for amortization of premiums or accretion of discount and reduced by credit loss allowance.