Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Investments:
Available-for-sale, Debt Securities, Excluding Securities Valued at Fair Value Option	$ 19,704	$ 19,772
Fixed maturities, at fair value using the fair value option	1,339	1,255
Equity Securities, FV-NI, Current	128	133
Less: Allowance for credit losses	14
Mortgage loans on real estate, net	4,134	4,213
Policy loans	158	159
Limited partnerships/corporations	1,060	1,043
Derivatives	270	322
Other investments	134	132
Total investments	27,810	28,069
Cash and cash equivalents	233	220
Short-term investments under securities loan agreements, including collateral delivered	1,002	939
Accrued investment income	305	289
Reinsurance Recoverable, Allowance for Credit Loss	0	0
Deferred policy acquisition costs and Value of business acquired	933	938
Deferred Income Tax Assets, Net	659	774
Other assets (net of allowance for credit loss of $0 as of 2023 and $0 as of 2022)	2,026	1,681
Assets held in separate accounts	81,911	77,639
Total assets	117,907	113,581
Liabilities and Shareholder's Equity
Future policy benefits and contract owner account balances	32,460	32,942
Payables under securities loan agreements, including collateral held	941	921
Due to affiliates	161	134
Derivatives	319	331
Other liabilities	704	687
Liabilities related to separate accounts	81,911	77,639
Total liabilities	116,496	112,654
Commitments and Contingencies (Note 12)
Common stock, par value	$ 50
Common stock, shares authorized	100,000
Common stock, shares issued	55,000
Shareholder's equity:
Common Stock, Value, Issued	$ 3	3
Additional paid-in capital	2,778	2,778
Accumulated other comprehensive income (loss)	(1,673)	(2,067)
Retained earnings (deficit)	303	213
Total shareholder's equity	1,411	927
Total liabilities and shareholder's equity	117,907	113,581
Premiums Receivable and Reinsurance Recoverables, Including Reinsurance Premium Paid	3,028	3,032
Allowance for Credit Loss, Receivable, Other, Current	0	0
Debt Securities, Available-for-sale, Allowance for Credit Loss	5	7
Fixed maturities, amortized cost	21,656	22,218
Collateral Pledged
Investments:
Debt Securities, Available-for-Sale, Restricted	$ 883	$ 792