XML 64 R52.htm IDEA: XBRL DOCUMENT v3.22.2.2
INVESTMENTS - Commercial Mortgage and Other Loans by Portfolio Segment (Details) - USD ($)
$ in Millions
Sep. 30, 2022
Jun. 30, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Dec. 31, 2020
Participating Mortgage Loans [Line Items]            
Commercial mortgage and other loans, gross $ 13,641   $ 11,960      
Percent of total commercial mortgage and other loans 100.00%   100.00%      
Allowance for credit losses $ (182)   $ (174)      
Total net commercial mortgage and other loans 13,459   11,786      
Transitional real estate loans            
Participating Mortgage Loans [Line Items]            
Commercial mortgage and other loans, gross $ 6,502   $ 5,359      
Percent of total commercial mortgage and other loans 47.60%   44.70%      
Allowance for credit losses $ (55) $ (53) $ (68) $ (59) $ (41) $ (63)
Commercial mortgage loans            
Participating Mortgage Loans [Line Items]            
Commercial mortgage and other loans, gross $ 2,027   $ 1,904      
Percent of total commercial mortgage and other loans 14.90%   15.90%      
Allowance for credit losses $ (10) (8) $ (10) (17) (22) (32)
Middle market loans            
Participating Mortgage Loans [Line Items]            
Commercial mortgage and other loans, gross $ 5,112   $ 4,697      
Percent of total commercial mortgage and other loans 37.50%   39.40%      
Allowance for credit losses $ (117) $ (109) $ (96) $ (89) $ (76) $ (85)
Office | Transitional real estate loans            
Participating Mortgage Loans [Line Items]            
Commercial mortgage and other loans, gross $ 2,121   $ 2,001      
Percent of total commercial mortgage and other loans 15.50%   16.70%      
Office | Commercial mortgage loans            
Participating Mortgage Loans [Line Items]            
Commercial mortgage and other loans, gross $ 390   $ 398      
Percent of total commercial mortgage and other loans 2.90%   3.30%      
Retail | Transitional real estate loans            
Participating Mortgage Loans [Line Items]            
Commercial mortgage and other loans, gross $ 485   $ 267      
Percent of total commercial mortgage and other loans 3.60%   2.20%      
Retail | Commercial mortgage loans            
Participating Mortgage Loans [Line Items]            
Commercial mortgage and other loans, gross $ 312   $ 332      
Percent of total commercial mortgage and other loans 2.30%   2.80%      
Apartment/Multi-Family | Transitional real estate loans            
Participating Mortgage Loans [Line Items]            
Commercial mortgage and other loans, gross $ 2,730   $ 1,893      
Percent of total commercial mortgage and other loans 20.00%   15.80%      
Apartment/Multi-Family | Commercial mortgage loans            
Participating Mortgage Loans [Line Items]            
Commercial mortgage and other loans, gross $ 634   $ 649      
Percent of total commercial mortgage and other loans 4.60%   5.40%      
Industrial | Transitional real estate loans            
Participating Mortgage Loans [Line Items]            
Commercial mortgage and other loans, gross $ 154   $ 94      
Percent of total commercial mortgage and other loans 1.10%   0.80%      
Industrial | Commercial mortgage loans            
Participating Mortgage Loans [Line Items]            
Commercial mortgage and other loans, gross $ 691   $ 525      
Percent of total commercial mortgage and other loans 5.10%   4.40%      
Hospitality | Transitional real estate loans            
Participating Mortgage Loans [Line Items]            
Commercial mortgage and other loans, gross $ 835   $ 876      
Percent of total commercial mortgage and other loans 6.10%   7.30%      
Other | Transitional real estate loans            
Participating Mortgage Loans [Line Items]            
Commercial mortgage and other loans, gross $ 177   $ 228      
Percent of total commercial mortgage and other loans 1.30%   1.90%