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Income Taxes - Schedule of reconciliation between actual income tax (benefit) expense and statutory U.S. federal amount computed by applying the federal income tax rate (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Tax Disclosure [Abstract]      
Consolidated total amount, pre-tax income (loss) $ 3,858 $ 14,298 $ 13,347
U.S. federal income tax at statutory rate $ 810 $ 3,003 $ 2,802
U.S. federal income tax at statutory rate (as a percent) 21.00% 21.00% 21.00%
Tax exempt interest $ (14) $ (18) $ (18)
Tax exempt interest (as a percent) (0.40%) (0.10%) (0.10%)
Uncertain tax positions $ 162 $ (17) $ (9)
Uncertain tax positions (as a percent) 4.20% (0.10%) (0.10%)
Reclassifications from AOCI $ (45) $ (81) $ (109)
Reclassifications from AOCI (as a percent) (1.20%) (0.60%) (0.80%)
Dispositions of subsidiaries(b) $ (382) $ 0 $ 11
Dispositions of subsidiaries (as a percent) (9.90%) 0.00% 0.10%
Non-controlling interest $ 14 $ (31) $ (97)
Non-controlling interest income ( as a percent) 0.40% (0.20%) (0.70%)
Non-deductible transfer pricing charges $ 16 $ 12 $ 16
Non-deductible transfer pricing charges (as a percent) 0.40% 0.10% 0.10%
Dividends received deduction $ (60) $ (36) $ (37)
Dividends received deduction (as a percent) (1.60%) (0.30%) (0.30%)
Effect of foreign operations(c) $ 176 $ 150 $ 136
Effect of foreign operations (as a percent) 4.60% 1.00% 1.00%
Share-based compensation payments excess tax effect $ (31) $ (19) $ 16
Share-based compensation payments excess tax effect (as a percent) (0.80%) (0.10%) 0.10%
State and local income taxes $ 10 $ 47 $ 38
State income taxes (as a percent) 0.30% 0.30% 0.30%
Expiration of tax attribute carryforwards $ 0 $ 0 $ 16
Expiration of tax attribute carryforwards (as a percent) 0.00% 0.00% 0.10%
Tax audit resolution(a) $ (494) $ 0 $ (935)
Tax audit resolution (as a percent) (12.80%) 0.00% (7.00%)
Affiliated dividend income, net of dividends received deduction $ 59 $ 0 $ 0
Affiliated dividend income, net of dividends received deduction (as a percent) 1.50% 0.00% 0.00%
Other $ 116 $ 40 $ (107)
Other (as a percent) 3.10% 0.40% (0.80%)
Continuing operations $ (357) $ (25) $ 718
Continuing operations (as a percent) (9.30%) (0.20%) 5.40%
Income (Loss) from Continuing and Discontinued Operations before Income Taxes Extraordinary Items Noncontrolling Interest $ 3,858 $ 14,298 $ 13,347
Consolidated total amount, tax expense (benefit) $ (20) $ 3,025 $ 2,441
Consolidated total amount (as a percent) (0.50%) 21.20% 18.30%
Amounts attributable to discontinued operations, pre-tax income (loss) $ 0 $ (1) $ 0
Amounts attributable to discontinued operations, tax expense (benefit) $ 0 $ 0 $ 0
Amounts attributable to discontinued operations (as a percent) 0.00% 0.00% 0.00%
Income from continuing operations before income tax expense (benefit) $ 3,858 $ 14,299 $ 13,347
Income tax expense (benefit) $ (20) $ 3,025 $ 2,441
Effective tax rates on income from continuing operations (as a percent) (0.50%) 21.20% 18.30%