UNAUDITED INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 115	$ 137
Adjustments to reconcile net income to net cash used in operating activities:
Investment losses, net	468	122
Other, net	(10)	(22)
Change in:
Insurance liabilities, at fair value	(468)	(552)
Deposit asset, at fair value	34	131
Net modified coinsurance receivable/payable, at fair value	50	442
Accrued investment income	(5)	(6)
Income taxes	11	23
Reinsurance recoverables, net	55	35
Derivatives, net	(431)	(342)
Other, net	11	(8)
Cash flows used in operating activities	(170)	(40)
Proceeds from the sale/maturity/prepayment of:
Fixed maturity securities, at fair value	238	227
Mortgage loans	66	49
Other invested assets	0	30
Short-term investments	32	61
Payments for the purchase/origination of:
Fixed maturity securities, at fair value	(620)	(327)
Mortgage loans	(7)	(87)
Other invested assets	(4)	(14)
Short-term investments	(31)	(69)
Other, net	1	13
Cash flows used in investing activities	(325)	(117)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net policyholder's account withdrawals	(101)	(103)
Short-term borrowings from parent	0	80
Drafts outstanding	(17)	5
Net proceeds related to secured borrowing arrangements - repurchase agreements with maturities 90 days or less	200	203
Proceeds related to secured borrowing arrangements - repurchase agreements with maturities greater than 90 days	300	100
Repayments related to secured borrowing arrangements - repurchase agreements with maturities greater than 90 days	(300)	(200)
Net proceeds (repayments) related to secured borrowing arrangements - securities lending	2	(106)
Dividend to parent	(150)	0
Distribution to parent	0	(45)
Cash flows used in financing activities	(66)	(66)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(561)	(223)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	940	872
CASH AND CASH EQUIVALENTS, END OF PERIOD	$ 379	$ 649