XML 148 R131.htm IDEA: XBRL DOCUMENT v3.24.0.1
ASU 2018-12 Transition - Balance of Changes in FPB due to Adoption of ASU 2018-012 (Details) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Liability for future policy benefit       $ 4,128
Less: Reinsurance recoverable       1,115
Cumulative Effect, Period of Adoption, Adjustment        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Liability for future policy benefit       (78)
Cumulative Effect, Period of Adoption, Adjusted Balance        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Balance, net of reinsurance       3,013
Previously Reported        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Liability for future policy benefit       4,005
Revision of Prior Period, Accounting Standards Update, Adjustment        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Liability for future policy benefit       201
Immediate annuities        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Liability for future policy benefit       2,175
Less: Reinsurance recoverable $ 116 $ 118 $ 145 322
Immediate annuities | Cumulative Effect, Period of Adoption, Adjustment        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Liability for future policy benefit       201
Immediate annuities | Cumulative Effect, Period of Adoption, Adjusted Balance        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Balance, net of reinsurance       1,853
Immediate annuities | Previously Reported        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Liability for future policy benefit       1,861
Immediate annuities | Revision of Prior Period, Accounting Standards Update, Adjustment        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Liability for future policy benefit       113
Traditional Life        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Liability for future policy benefit       1,953
Less: Reinsurance recoverable $ 413 $ 612 $ 749 793
Traditional Life | Cumulative Effect, Period of Adoption, Adjustment        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Liability for future policy benefit       (279)
Traditional Life | Cumulative Effect, Period of Adoption, Adjusted Balance        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Balance, net of reinsurance       1,160
Traditional Life | Previously Reported        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Liability for future policy benefit       2,144
Traditional Life | Revision of Prior Period, Accounting Standards Update, Adjustment        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Liability for future policy benefit       $ 88