Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Investments:
Available-for-sale, Debt Securities, Excluding Securities Valued at Fair Value Option	$ 20,222	$ 24,360
Fixed maturities, at fair value using the fair value option	1,206	1,253
Equity Securities, FV-NI, Current	139	141
Financing Receivable, before Allowance for Credit Loss, Current	4,194	4,233
Less: Allowance for credit losses	11	11
Mortgage loans on real estate, net	4,183	4,222
Policy loans	162	171
Limited partnerships/corporations	1,033	980
Derivatives	379	149
Other investments	134	143
Total investments	28,208	32,218
Cash and cash equivalents	207	436
Short-term investments under securities loan agreements, including collateral delivered	934	808
Accrued investment income	312	285
Premiums receivable and reinsurance recoverable	3,445	3,598
Reinsurance Recoverable, Allowance for Credit Loss	5	0
Deferred policy acquisition costs, Value of business acquired and Sales inducements to contract owners	1,603	422
Short-term loan to affiliate	104	130
Current income tax recoverable	2	0
Deferred Income Tax Assets, Net	553	0
Due from affiliates	60	70
Property and equipment	38	72
Other assets (net of allowance for credit loss of $2 as of 2022 and $0 as of 2021)	1,769	1,635
Assets held in separate accounts	73,547	96,964
Total assets	110,777	136,638
Liabilities and Shareholder's Equity
Future policy benefits and contract owner account balances	33,734	32,926
Payable for securities purchased	210	0
Payables under securities loan agreements, including collateral held	957	811
Due to affiliates	113	110
Derivatives	327	144
Taxes Payable	0	42
Accrued Income Taxes, Current	0	227
Other liabilities	472	384
Liabilities related to separate accounts	73,547	96,964
Total liabilities	109,360	131,608
Commitments and Contingencies (Note 10)
Shareholder's equity:
Common Stock, Value, Issued	3	3
Additional paid-in capital	2,778	3,191
Accumulated other comprehensive income (loss)	(1,495)	1,423
Retained earnings (deficit)	131	413
Total shareholder's equity	1,417	5,030
Total liabilities and shareholder's equity	110,777	136,638
Premiums Receivable and Reinsurance Recoverables, Including Reinsurance Premium Paid	3,440	3,598
Allowance for Credit Loss, Receivable, Other, Current	2	0
Debt Securities, Available-for-sale, Allowance for Credit Loss	26	48
Fixed maturities, amortized cost	22,962	22,349
Collateral Pledged
Investments:
Debt Securities, Available-for-Sale, Restricted	$ 750	$ 799