Accounts Payable and Accrued Liabilities (Tables)

3 Months Ended

Mar. 31, 2024

Payables and Accruals [Abstract]

Schedule of Accounts Payable and Accrued Liabilities

The following table presents a reconciliation of Accounts payable and accrued liabilities to the unaudited Condensed Consolidated Balance Sheets as of March 31, 2024 and December 31, 2023 (in millions):

	March 31, 2024		December 31, 2023
Salaries and incentives	$	48	$	99
Accrued benefits	65		60
URL	301		270
Trade accounts payable	176		297
Liability for policy and contract claims	93		92
Retained asset account	74		81
Remittances and items not allocated	236		284
Option collateral liabilities	740		588
Lease liability	11		11
Investment purchases payable	193		21
Contingent consideration	57		—
Interest rate swaps	19		—
Other accrued liabilities	224		208
Accounts payable and accrued liabilities	$	2,237	$	2,011

Schedule Of Unearned Revenue Liability (URL)

The following tables roll forward URL for our universal life product for the three months ended March 31, 2024 and March 31, 2023 (in millions):

	Three Months Ended March 31,
	2024		2023
Balance at January 1,	$	270	$	166
Capitalization	35		27
Amortization	(4)		(3)
Balance at March 31,	$	301	$	190