UNAUDITED INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
REVENUES
Premiums	$ 8	$ 7	$ 18	$ 14
Policy charges and fee income	113	115	225	232
Net investment income	75	78	145	154
Asset management and service fees	23	23	46	45
Other income	0	3	2	4
Investment losses, net	(147)	(287)	(468)	(122)
TOTAL REVENUES	72	(61)	(32)	327
BENEFITS AND EXPENSES
Policyholder benefits and changes in fair value of insurance liabilities	62	(255)	(252)	85
Commission expense	23	23	46	46
General, administrative and other expenses	20	16	38	34
TOTAL BENEFITS AND EXPENSES	105	(216)	(168)	165
INCOME (LOSS) FROM OPERATIONS BEFORE INCOME TAXES	(33)	155	136	162
Less: Income tax expense (benefit)	(3)	25	21	25
NET INCOME (LOSS)	(30)	130	115	137
Other comprehensive income (loss), before tax:
Changes in own-credit risk related to insurance liabilities	61	(115)	48	(93)
Less: Income tax expense (benefit) related to other comprehensive income (loss)	13	(25)	10	(20)
Other comprehensive income (loss), net of taxes	48	(90)	38	(73)
COMPREHENSIVE INCOME	$ 18	$ 40	$ 153	$ 64