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Schedule I - Summary of Investments - Other than Investments in Related Parties
12 Months Ended
Dec. 31, 2022
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Abstract]  
Schedule I - Summary of Investments - Other than Investments in Related Parties
Schedule I
F&G ANNUITIES & LIFE, INC. AND SUBSIDIARIES
SUMMARY OF INVESTMENTS - OTHER THAN INVESTMENTS IN RELATED PARTIES

December 31, 2022
(In millions)Amortized CostFair ValueAmount Shown on Condensed Consolidated Balance Sheet
Fixed maturity securities, available for sale:
United States Government full faith and credit$34 $32 $32 
United States Government sponsored entities46 42 42 
United States municipalities, states and territories1,695 1,410 1,410 
Foreign Governments185 148 148 
Corporate securities:
Finance, insurance and real estate5,969 5,085 5,085 
Manufacturing, construction and mining896 737 737 
Utilities, energy and related sectors2,915 2,275 2,275 
Wholesale/retail trade2,535 2,008 2,008 
Services, media and other3,564 2,794 2,794 
Hybrid securities781 705 705 
Non-agency residential mortgage-backed securities1,585 1,479 1,479 
Commercial mortgage-backed securities3,309 3,036 3,036 
Asset-backed securities7,749 7,245 7,245 
CLO securities4,460 4,222 4,222 
Total fixed maturity securities, available for sale $35,723 $31,218 $31,218 
Equity securities992 823 823 
Limited partnerships:
Private equity1,129 1,129 1,129 
Real assets436 431 431 
Credit867 867 867 
Limited partnerships2,432 2,427 2,427 
Commercial mortgage loans2,406 2,083 2,406 
Residential mortgage loans2,148 1,892 2,148 
Other (primarily derivatives and company owned life insurance)1,137 809 809 
Short term investments1,556 1,556 1,556 
Total investments$46,394 $40,808 $41,387