XML 73 R62.htm IDEA: XBRL DOCUMENT v3.23.2
Business and Basis of Presentation (Additional Insurance Reserves) (Details) - USD ($)
$ in Millions
Jun. 30, 2023
Jun. 30, 2022
Jan. 01, 2021
Dec. 31, 2020
Liability for Future Policy Benefit, Activity [Line Items]        
Balance $ 314,408 $ 316,396    
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Balance after transition, net of reinsurance recoverable 187,881 185,928    
Other Businesses        
Liability for Future Policy Benefit, Activity [Line Items]        
Balance 1,707 2,043    
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Less: Reinsurance recoverable 71 81    
Balance after transition, net of reinsurance recoverable $ 1,553 $ 1,852    
Additional insurance reserves        
Liability for Future Policy Benefit, Activity [Line Items]        
Balance     $ 11,289  
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Balance     10,103  
Balance prior to transition, excluding amounts related to unrealized investment gains and losses     10,103  
Amounts related to unrealized investment gains and losses after transition     1,186  
Less: Reinsurance recoverable     4,387  
Balance after transition, net of reinsurance recoverable     6,902  
Additional insurance reserves | Unwinding amounts related to unrealized investment gains and losses        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Changes in cash flow assumptions and other activity     (1,615)  
Additional insurance reserves | Reclassification of future policy benefits AIR to MRB        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Changes in cash flow assumptions and other activity     (916)  
Additional insurance reserves | Reclassification of policyholders’ account balances AIR to MRB        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Changes in cash flow assumptions and other activity     (48)  
Additional insurance reserves | Updates to certain universal life contract liabilities and other activity        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Changes in cash flow assumptions and other activity     1,779  
Additional insurance reserves | Change in discount rate for annuitization benefits        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Changes in cash flow assumptions and other activity     116  
Additional insurance reserves | As Previously Reported        
Liability for Future Policy Benefit, Activity [Line Items]        
Balance       $ 10,787
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Balance     9,172  
Balance prior to transition, excluding amounts related to unrealized investment gains and losses     9,172  
Additional insurance reserves | Other Businesses        
Liability for Future Policy Benefit, Activity [Line Items]        
Balance     360  
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Balance     360  
Balance prior to transition, excluding amounts related to unrealized investment gains and losses     360  
Amounts related to unrealized investment gains and losses after transition     0  
Less: Reinsurance recoverable     0  
Balance after transition, net of reinsurance recoverable     360  
Additional insurance reserves | Other Businesses | Unwinding amounts related to unrealized investment gains and losses        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Changes in cash flow assumptions and other activity     (106)  
Additional insurance reserves | Other Businesses | Reclassification of future policy benefits AIR to MRB        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Changes in cash flow assumptions and other activity     (92)  
Additional insurance reserves | Other Businesses | Reclassification of policyholders’ account balances AIR to MRB        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Changes in cash flow assumptions and other activity     (48)  
Additional insurance reserves | Other Businesses | Updates to certain universal life contract liabilities and other activity        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Changes in cash flow assumptions and other activity     7  
Additional insurance reserves | Other Businesses | Change in discount rate for annuitization benefits        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Changes in cash flow assumptions and other activity     116  
Additional insurance reserves | Other Businesses | As Previously Reported        
Liability for Future Policy Benefit, Activity [Line Items]        
Balance       483
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Balance     377  
Balance prior to transition, excluding amounts related to unrealized investment gains and losses     377  
Additional insurance reserves | Individual Variable | Retirement Strategies        
Liability for Future Policy Benefit, Activity [Line Items]        
Balance     0  
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Balance     0  
Balance prior to transition, excluding amounts related to unrealized investment gains and losses     0  
Amounts related to unrealized investment gains and losses after transition     0  
Less: Reinsurance recoverable     0  
Balance after transition, net of reinsurance recoverable     0  
Additional insurance reserves | Individual Variable | Retirement Strategies | Unwinding amounts related to unrealized investment gains and losses        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Changes in cash flow assumptions and other activity     (65)  
Additional insurance reserves | Individual Variable | Retirement Strategies | Reclassification of future policy benefits AIR to MRB        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Changes in cash flow assumptions and other activity     (824)  
Additional insurance reserves | Individual Variable | Retirement Strategies | Reclassification of policyholders’ account balances AIR to MRB        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Changes in cash flow assumptions and other activity     0  
Additional insurance reserves | Individual Variable | Retirement Strategies | Updates to certain universal life contract liabilities and other activity        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Changes in cash flow assumptions and other activity     0  
Additional insurance reserves | Individual Variable | Retirement Strategies | Change in discount rate for annuitization benefits        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Changes in cash flow assumptions and other activity     0  
Additional insurance reserves | Individual Variable | Retirement Strategies | As Previously Reported        
Liability for Future Policy Benefit, Activity [Line Items]        
Balance       889
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Balance     824  
Balance prior to transition, excluding amounts related to unrealized investment gains and losses     824  
Additional insurance reserves | Variable/ Universal Life | Individual Life        
Liability for Future Policy Benefit, Activity [Line Items]        
Balance     10,929  
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Balance     9,743  
Balance prior to transition, excluding amounts related to unrealized investment gains and losses     9,743  
Amounts related to unrealized investment gains and losses after transition     1,186  
Less: Reinsurance recoverable     4,387  
Balance after transition, net of reinsurance recoverable     6,542  
Additional insurance reserves | Variable/ Universal Life | Individual Life | Unwinding amounts related to unrealized investment gains and losses        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Changes in cash flow assumptions and other activity     (1,444)  
Additional insurance reserves | Variable/ Universal Life | Individual Life | Reclassification of future policy benefits AIR to MRB        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Changes in cash flow assumptions and other activity     0  
Additional insurance reserves | Variable/ Universal Life | Individual Life | Reclassification of policyholders’ account balances AIR to MRB        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Changes in cash flow assumptions and other activity     0  
Additional insurance reserves | Variable/ Universal Life | Individual Life | Updates to certain universal life contract liabilities and other activity        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Changes in cash flow assumptions and other activity     1,772  
Additional insurance reserves | Variable/ Universal Life | Individual Life | Change in discount rate for annuitization benefits        
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Changes in cash flow assumptions and other activity     0  
Additional insurance reserves | Variable/ Universal Life | Individual Life | As Previously Reported        
Liability for Future Policy Benefit, Activity [Line Items]        
Balance       $ 9,415
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Balance     7,971  
Balance prior to transition, excluding amounts related to unrealized investment gains and losses     $ 7,971