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Future Policy Benefit Reserves - Summary of Balances and Changes (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Dec. 31, 2022
Present value of future net premiums        
Balance, January 1 $ 3,710 $ 3,993    
Effect of changes in discount rate (56) (154) $ (125) $ (74)
Balance, January 1, at original locked in discount rate 3,585 3,919    
Effect of changes in cash flow assumptions     0 0
Expect of actual variances from expected experience     (28) (49)
Adjusted balance, January 1     3,557 3,870
Interest accrual 47 52    
Net premiums: earned during period (107) (111)    
Balance, end of period at original locked in discount rate 3,497 3,811    
Effect of changes in discount rate 56 154 125 74
Balance, March 31 3,553 3,965    
Present value of future benefits & expenses        
Balance, January 1 17,669 17,472    
Effect of changes in discount rate (78) (704) (578) (125)
Balance, January 1, at original locked in discount rate 17,091 17,347    
Effect of change in cash flow assumptions     0 0
Effect of actual variances from expected experience     (13) (50)
Adjusted balance, January 1     17,078 17,297
Interest accrual 231 242    
Benefit & expense payments (321) (302)    
Balance, end of period at original locked in discount rate 16,988 17,237    
Effect of changes in discount rate 78 704 578 $ 125
Balance, March 31 17,066 17,941    
Net LFPB 13,513 13,976 $ 13,959  
Insurance claims and policyholders benefits, including policyholders' dividends, remeasurement impact $ (15) $ 1