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INCOME TAXES - Principal Components of Net Deferred Tax Balances (Details) - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Income Tax Disclosure [Abstract]    
Net operating loss carryforward $ 291 $ 32
Compensation and other accrued expense 186 171
Benefits payable 67 87
Deferred acquisition costs 33 26
Jobs tax credits 33 0
Other 25 11
Unearned revenues 8 12
Total deferred income tax assets 643 339
Valuation allowance (65) (37)
Total deferred income tax assets, net of valuation allowance 578 302
Depreciable property and intangible assets (1,072) (449)
Prepaid expenses (102) (91)
Investment securities (98) (418)
Future policy benefits payable (4) (3)
Total deferred income tax liabilities (1,276) (961)
Total net deferred income tax liabilities $ (698) $ (659)