The changes in the carrying amount of goodwill (in millions) by reportable segment were as follows:



								For the Nine Months Ended
								September 30, 2022
	Gross			Accumulated				Net					Net
	Goodwill			Impairment				Goodwill					Goodwill
	as of			as of				as of					as of
	Beginning-			Beginning-				Beginning-					End-
		of-Year			of-Year			of-Year		Impairment			of-Period
Annuities		$	1,040		$	(600	)	$	440	$	-		$	440
Retirement Plan Services			20			-			20		-			20
Life Insurance			2,188			(1,554	)		634		(634	)		-
Group Protection			684			-			684		-			684
Total goodwill		$	3,932		$	(2,154	)	$	1,778	$	(634	)	$	1,144

The fair values of our reporting units (Level 3 fair value estimates) are comprised of the value of in-force (i.e., existing) business and the value of new business. Specifically, new business is representative of cash flows and profitability associated with policies or contracts we expect to issue in the future, reflecting our forecasts of future sales volume and product mix over a 10-year period. To determine the values of in-force and new business, we use a discounted cash flows technique that applies a discount rate reflecting the market expected, weighted-average rate of return adjusted for the risk factors associated with operations to the projected future cash flows for each reporting unit.

As a result of the current capital market environment, including (i) declining equity markets and (ii) the impact of rising interest rates on our discount rate assumption, we accelerated our quantitative goodwill impairment test for our Life Insurance reporting unit as we concluded that there were indicators of impairment. Based on this quantitative test, which includes updating our best estimate assumptions therein, we incurred an impairment during the third quarter of 2022 of the Life Insurance reporting unit goodwill of $634 million, which represents a write-off of the entire balance of goodwill for the reporting unit.