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Other Income and Expense (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Equity in net income of partially-owned entities [1] $ (98) $ 802 $ 192 $ 2,073
Gains (losses) from fair value changes in separate account assets [2] (67) (24) (116) (5)
Federal excise and capital taxes (6) (5) (15) (15)
Other (17) (10) (40) (23)
Total (188) 763 21 2,030
Partially-owned Investment Companies        
Unrealized Gain (Loss) on Investments (190) 702 (69) 1,776
Huatai Group        
Equity in net income of partially-owned entities $ 28 $ 40 $ 83 $ 144
[1] Equity in net income (loss) of partially-owned entities principally comprises mark-to-market gain (loss) on private equities where we own more than three percent of $(190) million and $(69) million for the three and nine months ended September 30, 2022, respectively, and $702 million and $1,776 million, respectively, for the prior year periods. This line item also includes net income of $28 million and $83 million attributable to our investments in Huatai (Huatai Group, Huatai P&C, and Huatai Life) for the three and nine months ended September 30, 2022, respectively, compared to $40 million and $144 million, respectively, for the prior year periods.
[2] Related to gains (losses) from fair value changes in separate account assets that do not qualify for separate account reporting under GAAP.