XML 135 R117.htm IDEA: XBRL DOCUMENT v3.24.0.1
Derivatives and Hedge Accounting - Fair value hedging relationships (Details) - Derivatives designated as hedging instruments - Fair value hedging - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest rate contracts | Net Realized and Unrealized Gains (Losses)      
Derivative instruments gain (loss):      
Gains/(losses) recognized in earnings on hedging derivatives $ 0 $ 0 $ 0
Gains/(losses) recognized in earnings for excluded components 0 0 0
Gain (losses) recognized in earnings on hedged items 0 0 0
Net Impact 0 0 0
Interest rate contracts | Interest credited to policyholder account balances      
Derivative instruments gain (loss):      
Gains/(losses) recognized in earnings on hedging derivatives 86 (156) (62)
Gains/(losses) recognized in earnings for excluded components 0 0 18
Gain (losses) recognized in earnings on hedged items (98) 151 54
Net Impact (12) (5) 10
Interest rate contracts | Net investment income      
Derivative instruments gain (loss):      
Gains/(losses) recognized in earnings on hedging derivatives 0 11 9
Gains/(losses) recognized in earnings for excluded components 0 0 0
Gain (losses) recognized in earnings on hedged items 1 (12) (11)
Net Impact 1 (1) (2)
Foreign exchange contracts      
Derivative instruments gain (loss):      
Gains/(losses) recognized in earnings on hedging derivatives (243) 459 260
Gains/(losses) recognized in earnings for excluded components 15 171 31
Gain (losses) recognized in earnings on hedged items 243 (459) (260)
Net Impact $ 15 $ 171 $ 31