Deferred Acquisition Costs (Tables)

9 Months Ended

Sep. 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.

	Nine Months Ended September 30,		Year Ended December 31,
	2024		2023
Variable Annuities
Balance, beginning of period	$	11,967	$	12,699
Deferrals of acquisition costs	308		394
Amortization	(802)		(1,126)
Variable Annuities balance, end of period	$	11,473	$	11,967
Reconciliation of total DAC
Variable Annuities balance, end of period	$	11,473	$	11,967
Other product lines, end of period	513		335
Total balance, end of period	$	11,986	$	12,302