Accounts Payable and Accrued Liabilities (Tables)

12 Months Ended

Dec. 31, 2023

Payables and Accruals [Abstract]

Schedule of Accounts Payable and Accrued Liabilities

	December 31,
	2023		2022
Salaries and incentives	$	99	$	72
Accrued benefits	60		58
URL	270		166
Trade accounts payable	297		114
Liability for policy and contract claims	92		109
Retained asset account	81		117
Remittances and items not allocated	284		225
Option collateral liabilities	588		178
Lease liability	11		13
Investment purchases payable	21		4
Other accrued liabilities	208		204
Accounts payable and accrued liabilities	$	2,011	$	1,260

Roll Forward of URL

The following tables roll forward URL for the years ended December 31, 2023 and 2022 (in millions):

	Universal Life		Total
Balance at January 1, 2023	$	166	$	166
Capitalization	119		119
Amortization	(15)		(15)
Balance at December 31, 2023	$	270	$	270
	Universal Life		Total
Balance at January 1, 2022	$	87	$	87
Capitalization	89		89
Amortization	(10)		(10)
Balance at December 31, 2022	$	166	$	166