Other Income and Expense (Tables)

6 Months Ended

Jun. 30, 2023

Other Income and Expenses [Abstract]

Schedule of Other Nonoperating Income (Expense)

	Three Months Ended				Six Months Ended
	June 30				June 30
(in millions of U.S. dollars)	2023		2022		2023		2022
Equity in net income (loss) of partially-owned entities (1)	$	120	$	(72)	$	460	$	291
Gains (losses) from fair value changes in separate account assets (2)	(12)		(18)		(37)		(49)
Federal excise and capital taxes	(6)		(5)		(11)		(9)
Other	(2)		(6)		(16)		(22)
Total	$	100	$	(101)	$	396	$	211

(1)     Equity in net income (loss) of partially-owned entities includes mark-to-market gains (losses) on private equities where we own more than three percent of $(3) million and $239 million for the three and six months ended June 30, 2023, respectively, and $(134) million and $121 million, respectively, for the prior year periods. This line item also includes net income of $22 million and $36 million attributable to our investments in Huatai for the three and six months ended June 30, 2023, respectively, compared to $15 million and $55 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.