Quarterly Results (Unaudited)

12 Months Ended

Dec. 31, 2023

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results (Unaudited)

24. QUARTERLY RESULTS (UNAUDITED)

On January 1, 2023, the Company adopted the FASB's long-duration targeted improvements ("LDTI") guidance, which was applied on a modified retrospective basis as of January 1, 2021.

Impacted prior periods have been restated to reflect the adoption of LDTI. For additional information, refer to Note 1 - Basis of Presentation and Significant Accounting Policies.

Current and Historical Quarterly Results of the Company

	Three months ended
	March 31,				June 30,				September 30,				December 31,
	2023		2022		2023		2022		2023		2022		2023		2022
Revenues	$	5,910	$	5,393	$	6,049	$	5,373	$	6,168	$	5,580	$	6,400	$	6,016
Benefits, losses and expenses	$	5,257	$	4,852	$	5,377	$	4,819	$	5,355	$	5,148	$	5,450	$	5,281
Net income	$	535	$	443	$	547	$	444	$	651	$	340	$	771	$	592
Less: Preferred stock dividends	5		5		5		5		6		6		5		5
Net income available to common stockholders	$	530	$	438	$	542	$	439	$	645	$	334	$	766	$	587
Net income available to common stockholders per common share
Basic	$	1.69	$	1.32	$	1.75	$	1.34	$	2.12	$	1.04	$	2.55	$	1.85
Diluted	$	1.66	$	1.30	$	1.73	$	1.32	$	2.09	$	1.02	$	2.51	$	1.82