Deferred Acquisition Costs (Tables)

6 Months Ended

Jun. 30, 2024

Insurance [Abstract]

Deferred Acquisition Costs

The following table presents the roll-forward of the DAC (in millions). The current period amortization is based on the end of the period estimates of mortality and persistency. The amortization pattern is revised on a prospective basis at the beginning of the period based on the period’s actual experience.

	Six Months Ended June 30,		Year Ended December 31,
	2024		2023
Variable Annuities
Balance, beginning of period	$	11,967	$	12,699
Deferrals of acquisition costs	204		394
Amortization	(537)		(1,126)
Variable Annuities balance, end of period	$	11,634	$	11,967
Reconciliation of total DAC
Variable Annuities balance, end of period	$	11,634	$	11,967
Other product lines, end of period	432		335
Total balance, end of period	$	12,066	$	12,302