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Future Policy Benefits - Balances of changes in liability for future policy benefits (Details) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Present value of expected net premiums        
Balance, beginning of year $ 9,352 $ 12,645    
Effect of changes in discount rate assumptions (AOCI) 1,526 1,938    
Reclassified to Liabilities held-for-sale   (3,784) $ (4,287)  
Beginning balance at original discount rate 15,165 14,583    
Effect of changes in cash flow assumptions     (68) $ 55
Effect of actual variances from expected experience     (3) 52
Adjusted beginning of year balance 15,094 14,690    
Issuances 733 986    
Interest accrual 320 359    
Net premium collected (974) (1,183)    
Foreign exchange impact (46) 44    
Other 0 8    
Dispositions (5,108)      
Ending balance at original discount rate 10,019 14,904    
Effect of changes in discount rate assumptions (AOCI) (491) (2,294)    
Balance, end of period 9,528 8,826    
Present value of expected future policy benefits        
Balance, beginning of year 58,237 55,506    
Effect of changes in discount rate assumptions (AOCI) 5,217 7,310    
Reclassified to Liabilities held-for-sale   4,352 5,119  
Beginning balance at original discount rate 68,573 62,816    
Effect of changes in cash flow assumptions     (104) 138
Effect of actual variances from expected experience     (41) 94
Adjusted beginning of year balance 68,428 63,048    
Issuances 2,933 4,642    
Interest accrual 2,112 1,973    
Benefit payments (3,333) (3,507)    
Foreign exchange impact 442 102    
Other (10) (10)    
Dispositions (6,796)      
Ending balance at original discount rate 63,776 66,248    
Effect of changes in discount rate assumptions (AOCI) (3,512) (10,349)    
Balance, end of period 60,264 51,547    
Net liability for future policy benefits, end of period 50,736 42,721    
Liability for future policy benefits for certain participating contracts 1,282 1,321    
Liability for universal life policies 4,225 3,278    
Deferred profit liability 2,597 2,400    
Other reconciling items 576 635    
Future policy benefits for life and accident and health insurance contracts 59,416 50,355 57,108  
Less: Reinsurance recoverable: 22,418 21,121    
Net liability for future policy benefits after reinsurance recoverable 36,998 29,234    
Individual Retirement        
Present value of expected net premiums        
Balance, beginning of year 0 0    
Effect of changes in discount rate assumptions (AOCI) 0 0    
Reclassified to Liabilities held-for-sale   0  
Beginning balance at original discount rate 0 0    
Effect of changes in cash flow assumptions     0 0
Effect of actual variances from expected experience     0 0
Adjusted beginning of year balance 0 0    
Issuances 0 0    
Interest accrual 0 0    
Net premium collected 0 0    
Foreign exchange impact 0 0    
Other 0 0    
Dispositions 0      
Ending balance at original discount rate 0 0    
Effect of changes in discount rate assumptions (AOCI) 0 0    
Balance, end of period 0 0    
Present value of expected future policy benefits        
Balance, beginning of year 1,353 1,223    
Effect of changes in discount rate assumptions (AOCI) 132 167    
Reclassified to Liabilities held-for-sale   0 0  
Beginning balance at original discount rate 1,485 1,390    
Effect of changes in cash flow assumptions     0 0
Effect of actual variances from expected experience     (27) (1)
Adjusted beginning of year balance 1,458 1,389    
Issuances 92 141    
Interest accrual 50 38    
Benefit payments (105) (95)    
Foreign exchange impact 0 0    
Other 0 0    
Dispositions 0      
Ending balance at original discount rate 1,495 1,473    
Effect of changes in discount rate assumptions (AOCI) (108) (217)    
Balance, end of period 1,387 1,256    
Net liability for future policy benefits, end of period 1,387 1,256    
Liability for future policy benefits for certain participating contracts 0 0    
Liability for universal life policies 0 0    
Deferred profit liability 59 80    
Other reconciling items 34 34    
Future policy benefits for life and accident and health insurance contracts 1,480 1,370    
Less: Reinsurance recoverable: 5 4    
Net liability for future policy benefits after reinsurance recoverable $ 1,475 $ 1,366    
Weighted average liability duration of the liability for future policy benefits (in years) 7 years 8 months 12 days 7 years 4 months 24 days    
Group Retirement        
Present value of expected net premiums        
Balance, beginning of year $ 0 $ 0    
Effect of changes in discount rate assumptions (AOCI) 0 0    
Reclassified to Liabilities held-for-sale   0  
Beginning balance at original discount rate 0 0    
Effect of changes in cash flow assumptions     0 0
Effect of actual variances from expected experience     0 0
Adjusted beginning of year balance 0 0    
Issuances 0 0    
Interest accrual 0 0    
Net premium collected 0 0    
Foreign exchange impact 0 0    
Other 0 0    
Dispositions 0      
Ending balance at original discount rate 0 0    
Effect of changes in discount rate assumptions (AOCI) 0 0    
Balance, end of period 0 0    
Present value of expected future policy benefits        
Balance, beginning of year 217 211    
Effect of changes in discount rate assumptions (AOCI) (3) 2    
Reclassified to Liabilities held-for-sale   0 0  
Beginning balance at original discount rate 214 213    
Effect of changes in cash flow assumptions     0 0
Effect of actual variances from expected experience     (2) (1)
Adjusted beginning of year balance 212 212    
Issuances 10 16    
Interest accrual 9 8    
Benefit payments (18) (20)    
Foreign exchange impact 0 0    
Other (5) 0    
Dispositions 0      
Ending balance at original discount rate 208 216    
Effect of changes in discount rate assumptions (AOCI) 5 (9)    
Balance, end of period 213 207    
Net liability for future policy benefits, end of period 213 207    
Liability for future policy benefits for certain participating contracts 0 0    
Liability for universal life policies 0 0    
Deferred profit liability 11 9    
Other reconciling items 0 0    
Future policy benefits for life and accident and health insurance contracts 224 216    
Less: Reinsurance recoverable: 0 0    
Net liability for future policy benefits after reinsurance recoverable $ 224 $ 216    
Weighted average liability duration of the liability for future policy benefits (in years) 6 years 8 months 12 days 6 years 7 months 6 days    
Life Insurance        
Present value of expected net premiums        
Balance, beginning of year $ 8,379 $ 11,654    
Effect of changes in discount rate assumptions (AOCI) 1,482 1,872    
Reclassified to Liabilities held-for-sale   (3,784) (4,287)  
Beginning balance at original discount rate 14,148 13,526    
Effect of changes in cash flow assumptions     (57) 34
Effect of actual variances from expected experience     4 36
Adjusted beginning of year balance 14,095 13,596    
Issuances 733 986    
Interest accrual 288 325    
Net premium collected (888) (1,093)    
Foreign exchange impact (46) 44    
Other 0 11    
Dispositions (5,108)      
Ending balance at original discount rate 9,074 13,869    
Effect of changes in discount rate assumptions (AOCI) (463) (2,199)    
Balance, end of period 8,611 7,886    
Present value of expected future policy benefits        
Balance, beginning of year 17,531 21,179    
Effect of changes in discount rate assumptions (AOCI) 2,745 3,424    
Reclassified to Liabilities held-for-sale   4,352 5,119  
Beginning balance at original discount rate 25,395 24,603    
Effect of changes in cash flow assumptions     (24) 62
Effect of actual variances from expected experience     15 85
Adjusted beginning of year balance 25,386 24,750    
Issuances 721 978    
Interest accrual 635 679    
Benefit payments (1,204) (1,461)    
Foreign exchange impact (61) 54    
Other 2 8    
Dispositions (6,796)      
Ending balance at original discount rate 18,683 25,008    
Effect of changes in discount rate assumptions (AOCI) (825) (4,397)    
Balance, end of period 17,858 16,259    
Net liability for future policy benefits, end of period 9,247 8,373    
Liability for future policy benefits for certain participating contracts 12 13    
Liability for universal life policies 4,170 3,223    
Deferred profit liability 22 18    
Other reconciling items 449 508    
Future policy benefits for life and accident and health insurance contracts 13,900 12,135    
Less: Reinsurance recoverable: 678 700    
Net liability for future policy benefits after reinsurance recoverable $ 13,222 $ 11,435    
Weighted average liability duration of the liability for future policy benefits (in years) 11 years 1 month 6 days 11 years 10 months 24 days    
Institutional Markets        
Present value of expected net premiums        
Balance, beginning of year $ 0 $ 0    
Effect of changes in discount rate assumptions (AOCI) 0 0    
Reclassified to Liabilities held-for-sale   0  
Beginning balance at original discount rate 0 0    
Effect of changes in cash flow assumptions     0 0
Effect of actual variances from expected experience     0 0
Adjusted beginning of year balance 0 0    
Issuances 0 0    
Interest accrual 0 0    
Net premium collected 0 0    
Foreign exchange impact 0 0    
Other 0 0    
Dispositions 0      
Ending balance at original discount rate 0 0    
Effect of changes in discount rate assumptions (AOCI) 0 0    
Balance, end of period 0 0    
Present value of expected future policy benefits        
Balance, beginning of year 18,482 12,464    
Effect of changes in discount rate assumptions (AOCI) 1,906 2,634    
Reclassified to Liabilities held-for-sale   0 0  
Beginning balance at original discount rate 20,388 15,098    
Effect of changes in cash flow assumptions     (41) 0
Effect of actual variances from expected experience     (8) 21
Adjusted beginning of year balance 20,339 15,119    
Issuances 2,105 3,503    
Interest accrual 665 478    
Benefit payments (907) (810)    
Foreign exchange impact 503 48    
Other 0 0    
Dispositions 0      
Ending balance at original discount rate 22,705 18,338    
Effect of changes in discount rate assumptions (AOCI) (2,260) (3,512)    
Balance, end of period 20,445 14,826    
Net liability for future policy benefits, end of period 20,445 14,826    
Liability for future policy benefits for certain participating contracts 0 0    
Liability for universal life policies 0 0    
Deferred profit liability 1,673 1,428    
Other reconciling items 0 0    
Future policy benefits for life and accident and health insurance contracts 22,118 16,254    
Less: Reinsurance recoverable: 41 37    
Net liability for future policy benefits after reinsurance recoverable $ 22,077 $ 16,217    
Weighted average liability duration of the liability for future policy benefits (in years) 11 years 10 months 24 days 10 years 10 months 24 days    
Corporate and Other        
Present value of expected net premiums        
Balance, beginning of year $ 973 $ 991    
Effect of changes in discount rate assumptions (AOCI) 44 66    
Reclassified to Liabilities held-for-sale   0  
Beginning balance at original discount rate 1,017 1,057    
Effect of changes in cash flow assumptions     (11) 21
Effect of actual variances from expected experience     (7) 16
Adjusted beginning of year balance 999 1,094    
Issuances 0 0    
Interest accrual 32 34    
Net premium collected (86) (90)    
Foreign exchange impact 0 0    
Other 0 (3)    
Dispositions 0      
Ending balance at original discount rate 945 1,035    
Effect of changes in discount rate assumptions (AOCI) (28) (95)    
Balance, end of period 917 940    
Present value of expected future policy benefits        
Balance, beginning of year 20,654 20,429    
Effect of changes in discount rate assumptions (AOCI) 437 1,083    
Reclassified to Liabilities held-for-sale   0 0  
Beginning balance at original discount rate 21,091 21,512    
Effect of changes in cash flow assumptions     (39) 76
Effect of actual variances from expected experience     $ (19) $ (10)
Adjusted beginning of year balance 21,033 21,578    
Issuances 5 4    
Interest accrual 753 770    
Benefit payments (1,099) (1,121)    
Foreign exchange impact 0 0    
Other (7) (18)    
Dispositions 0      
Ending balance at original discount rate 20,685 21,213    
Effect of changes in discount rate assumptions (AOCI) (324) (2,214)    
Balance, end of period 20,361 18,999    
Net liability for future policy benefits, end of period 19,444 18,059    
Liability for future policy benefits for certain participating contracts 1,270 1,308    
Liability for universal life policies 55 55    
Deferred profit liability 832 865    
Other reconciling items 93 93    
Future policy benefits for life and accident and health insurance contracts 21,694 20,380    
Less: Reinsurance recoverable: 21,694 20,380    
Net liability for future policy benefits after reinsurance recoverable $ 0 $ 0    
Weighted average liability duration of the liability for future policy benefits (in years) 11 years 2 months 12 days 10 years 9 months 18 days