XML 70 R55.htm IDEA: XBRL DOCUMENT v3.24.0.1
Summary of Significant Accounting Policies (Effects of Adoption of ASU 2018-12, Stockholders' Equity) (Details) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
[1]
Dec. 31, 2020
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Total stockholders' equity $ 9,893 $ 8,548 [1] $ 11,105  
Accumulated other comprehensive income (loss)        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Total stockholders' equity (2,672) (3,598) [1] (1,360) $ (1,537) [1]
Retained Earnings        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Total stockholders' equity $ 9,755 9,336 [1] 9,639 9,075 [1]
Prior to Adoption        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Total stockholders' equity   8,825    
Prior to Adoption | Accumulated other comprehensive income (loss)        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Total stockholders' equity   (3,557) 320 803 [1]
Prior to Adoption | Retained Earnings        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Total stockholders' equity   $ 9,572 $ 9,663 9,081 [1]
De-recognition of shadow reserves | Accumulated other comprehensive income (loss)        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Total stockholders' equity       2,601
De-recognition of shadow reserves | Retained Earnings        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Total stockholders' equity       0
Re-measurement of LFPB using an upper-medium grade fixed income instrument yield discount rate | Accumulated other comprehensive income (loss)        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Total stockholders' equity       (4,941)
Re-measurement of LFPB using an upper-medium grade fixed income instrument yield discount rate | Retained Earnings        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Total stockholders' equity       0
Other adjustments | Accumulated other comprehensive income (loss)        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Total stockholders' equity       0
Other adjustments | Retained Earnings        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Total stockholders' equity       $ (6)
[1] As of January 1, 2023, the Company adopted ASU 2018-12, Financial Services-Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts (ASU 2018-12) using the modified retrospective method applied as of the transition date of January 1, 2021. Prior period amounts in the financial statements have been adjusted to reflect application of the new guidance. See Note A to the Consolidated Financial Statements for additional information.