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Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)
shares in Millions, $ in Millions
Sep. 30, 2022
Dec. 31, 2021
Assets    
Reinsurance recoverable, fair value portion $ 4,356 $ 4,594
Other assets, consolidated variable interest entities 10,094 1,257
AFS securities allowance for credit losses 436 123
Mortgage loans, net of allowances   24,148
Investment funds 13,186 9,866
Accrued investment income, related party 1,226 962
Available-for-sale securities 124,794 106,859
Liabilities and Equity    
Interest sensitive contract liabilities 166,894 156,325
Future policy benefits 54,709 42,488
Other liabilities 3,054 3,214
Accumulated other comprehensive income (loss) (related party: 2022 – $(506) and 2021 – $33) (13,755) 2,430
Variable Interest Entities    
Assets    
Other assets, consolidated variable interest entities 94 32
Equity securities, at fair value 15 0
Mortgage loans, net of allowances 2,000 2,040
Mortgage loans allowance for credit losses   78
Investment funds 11,885 1,297
Other investments 152 0
Trading securities, at fair value 988 0
Liabilities and Equity    
Other liabilities 1,401 461
Related Party    
Assets    
Other assets, consolidated variable interest entities 88 0
AFS securities allowance for credit losses 1 0
Equity securities, at fair value 340 284
Mortgage loans, net of allowances 1,331 1,360
Mortgage loans allowance for credit losses   5
Investment funds 789 2,958
Investment funds 1,272 7,391
Funds withheld at interest 9,961 12,207
Other investments 274 222
Accrued investment income, related party 77 54
Available-for-sale securities 9,948 10,401
Trading securities, at fair value 905 1,781
Liabilities and Equity    
Interest sensitive contract liabilities 12,284 12,948
Future policy benefits 2,107 1,853
Other liabilities 265 936
Accumulated other comprehensive income (loss) (related party: 2022 – $(506) and 2021 – $33) (506) 33
Consolidated Entity, excluding Affiliated Entity    
Assets    
AFS securities allowance for credit losses 435 123
Mortgage loans, net of allowances 25,145 20,748
Mortgage loans allowance for credit losses   154
Investment funds 0 183
Investment funds 29 1,178
Funds withheld at interest 34,706 43,907
Short-term Investments, fair value portion 318 139
Other investments 682 1,473
Available-for-sale securities 114,846 96,458
Trading securities, at fair value 1,590 2,056
Consolidated Entity, Affiliated Entity and VIE Primary Beneficiary    
Assets    
Mortgage loans, net of allowances 337 231
Investment funds 10,921 1,068
Trading securities, at fair value 7 0
Liabilities and Equity    
Other liabilities $ 794 $ 0
Preference Share, Series A    
Liabilities and Equity    
Preferred stock, par value (in USD per share) $ 1 $ 1
Aggregate liquidation preference $ 863 $ 863
Preferred stock, authorized (in shares) 0.0 0.0
preferred stock, issued (in shares) 0.0 0.0
Preferred stock, outstanding (in shares) 0.0 0.0
Preference Share, Series B    
Liabilities and Equity    
Preferred stock, par value (in USD per share) $ 1 $ 1
Aggregate liquidation preference $ 345 $ 345
Preferred stock, authorized (in shares) 0.0 0.0
preferred stock, issued (in shares) 0.0 0.0
Preferred stock, outstanding (in shares) 0.0 0.0
Preference Share, Series C    
Liabilities and Equity    
Preferred stock, par value (in USD per share) $ 1 $ 1
Aggregate liquidation preference $ 600 $ 600
Preferred stock, authorized (in shares) 0.0 0.0
preferred stock, issued (in shares) 0.0 0.0
Preferred stock, outstanding (in shares) 0.0 0.0
Common Class A    
Liabilities and Equity    
Common stock, par value (in USD per share) $ 0.001 $ 0.001
Common stock authorized (in shares) 425.0 425.0
Common stock issued (in shares) 203.8 192.2
Common stock outstanding (in shares) 203.8 192.2
Series D Preferred Stock    
Liabilities and Equity    
Preferred stock, par value (in USD per share) $ 1 $ 1
Aggregate liquidation preference $ 575 $ 575
Preferred stock, authorized (in shares) 0.0 0.0
preferred stock, issued (in shares) 0.0 0.0
Preferred stock, outstanding (in shares) 0.0 0.0