XML 102 R91.htm IDEA: XBRL DOCUMENT v3.23.3
LIABILITIES FOR FUTURE POLICYHOLDER BENEFITS - Balances of and Changes in Additional Liabilities Related to Insurance Guarantees (Details) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]          
Net liability for additional liability $ 16,647   $ 16,603    
Less: Reinsurance recoverable         $ 1,896
Net liability for future policy benefits, after reinsurance recoverable         $ 6,574
Weighted Average Interest Rate 4.50% 4.50%      
Assessments          
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]          
Revenue and Interest Accretion $ 487 $ 473      
Interest Accretion          
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]          
Revenue and Interest Accretion 38 $ 36      
UL          
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]          
Net liability for additional liability $ 1,131   1,109    
Weighted Average Interest Rate 4.50% 4.50%      
UL | Assessments          
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]          
Revenue and Interest Accretion $ 487 $ 473      
UL | Interest Accretion          
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]          
Revenue and Interest Accretion 38 36      
Protection Solutions | UL          
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]          
Beginning balance 1,109 1,087      
Beginning balance before AOCI adjustments 1,135 1,076      
Effect of changes in interest rate & cash flow assumptions and model changes     (12) $ 8  
Effect of actual variances from expected experience     14 11  
Adjusted beginning of period balance     $ 1,137 $ 1,095  
Interest accrual 38 36      
Net assessments collected 50 49      
Benefits payments (39) (45)      
Ending balance before shadow reserve adjustments 1,186 1,135      
Effect of reserve adjustment recorded in AOCI (55) (27)      
Ending balance 1,131 1,108      
Net liability for additional liability 1,131 1,108      
Less: Reinsurance recoverable 0 0      
Net liability for future policy benefits, after reinsurance recoverable $ 1,131 $ 1,108      
Weighted-average duration of additional liability - death benefit (years) 19 years 2 months 12 days 22 years