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FAIR VALUE MEASUREMENTS - Changes in Investments and Derivatives Carried at Fair Value Classified as Level 3 (Detail) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period $ 1,987 $ 1,471
Net investment gains (losses) included in earnings 2 7
Unrealized gains (losses) included in other comprehensive income (loss) 45 (72)
Purchases 277 95
Issuances 0 0
Sales 0 0
Settlements (129) (21)
Transfers into Level 3 18 170
Transfers out of Level 3 (260) (190)
Balance, end of period 1,940 1,460
Change in unrealized gains (losses) still held 3 4
Fixed maturity securities | Mortgage- and asset-backed securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 343 291
Net investment gains (losses) included in earnings 0 0
Unrealized gains (losses) included in other comprehensive income (loss) 3 (15)
Purchases 192 76
Issuances 0 0
Sales 0 0
Settlements (120) (2)
Transfers into Level 3 0 0
Transfers out of Level 3 0 (32)
Balance, end of period 418 318
Change in unrealized gains (losses) still held 0 0
Fixed maturity securities | Public utilities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 497 493
Net investment gains (losses) included in earnings 0 0
Unrealized gains (losses) included in other comprehensive income (loss) 10 (37)
Purchases 0 9
Issuances 0 0
Sales 0 0
Settlements (7) (8)
Transfers into Level 3 18 128
Transfers out of Level 3 (168) 0
Balance, end of period 350 585
Change in unrealized gains (losses) still held 0 0
Fixed maturity securities | Sovereign and supranational    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 37 43
Net investment gains (losses) included in earnings 0 0
Unrealized gains (losses) included in other comprehensive income (loss) 0 (2)
Purchases 0 0
Issuances 0 0
Sales 0 0
Settlements 0 0
Transfers into Level 3 0 0
Transfers out of Level 3 0 0
Balance, end of period 37 41
Change in unrealized gains (losses) still held 0 0
Fixed maturity securities | Banks/financial institutions    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 159 45
Net investment gains (losses) included in earnings 0 0
Unrealized gains (losses) included in other comprehensive income (loss) 2 0
Purchases 0 0
Issuances 0 0
Sales 0 0
Settlements 0 (3)
Transfers into Level 3 0 18
Transfers out of Level 3 0 0
Balance, end of period 161 60
Change in unrealized gains (losses) still held 0 0
Fixed maturity securities | Other corporate    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 742 426
Net investment gains (losses) included in earnings 0 0
Unrealized gains (losses) included in other comprehensive income (loss) 30 (18)
Purchases 75 0
Issuances 0 0
Sales 0 0
Settlements (2) (1)
Transfers into Level 3 0 24
Transfers out of Level 3 (92) (141)
Balance, end of period 753 290
Change in unrealized gains (losses) still held 0 0
Equity securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning of period 209 173
Net investment gains (losses) included in earnings 2 7
Unrealized gains (losses) included in other comprehensive income (loss) 0 0
Purchases 10 10
Issuances 0 0
Sales 0 0
Settlements 0 (7)
Transfers into Level 3 0 0
Transfers out of Level 3 0 (17)
Balance, end of period 221 166
Change in unrealized gains (losses) still held $ 3 $ 4