XML 194 R171.htm IDEA: XBRL DOCUMENT v3.24.0.1
Shares and Stockholders' Equity - Components and Changes in AOCI (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]      
Balance as of beginning-of-year $ 5,102 $ 19,915  
Balance as of end-of-year 6,893 5,102 $ 19,915
Unrealized Gain (Loss) on Fixed Maturity AFS Securities and Certain      
Accumulated Other Comprehensive Income (Loss) [Line Items]      
Balance as of beginning-of-year (8,916) 9,616 9,611
Income tax benefit (expense) (849) 5,039 838
Reclassification adjustment for gains (losses) included in net income (loss) (860) (15) 626
Income tax benefit (expense) 181 3 (131)
Balance as of end-of-year (5,188) (8,916) 9,616
Unrealized holding gains (losses) arising during the year      
Accumulated Other Comprehensive Income (Loss) [Line Items]      
Changes arising during the year 2,413 (25,552) (4,673)
Change in foreign currency exchange rate adjustment      
Accumulated Other Comprehensive Income (Loss) [Line Items]      
Changes arising during the year 179 (322) (142)
Change in future contract benefits and policyholder account balances, net of reinsurance      
Accumulated Other Comprehensive Income (Loss) [Line Items]      
Changes arising during the year 1,306 2,291 893
Unrealized Gain (Loss) on Derivative Instruments      
Accumulated Other Comprehensive Income (Loss) [Line Items]      
Balance as of beginning-of-year 388 (85) (402)
Income tax benefit (expense) (15) (144) (85)
Reclassification adjustment for gains (losses) included in net income (loss) 91 92 26
Income tax benefit (expense) (19) (19) (5)
Balance as of end-of-year 375 388 (85)
Unrealized holding gains (losses) arising during the year      
Accumulated Other Comprehensive Income (Loss) [Line Items]      
Changes arising during the year 243 378 246
Change in foreign currency exchange rate adjustment      
Accumulated Other Comprehensive Income (Loss) [Line Items]      
Changes arising during the year (169) 312 152
Market Risk Benefit Non-Performance Risk Gain (Loss)      
Accumulated Other Comprehensive Income (Loss) [Line Items]      
Balance as of beginning-of-year 1,741 1,951 0
Adjustment arising during the year (854) (266) (1,174)
Income tax benefit (expense) 183 56 251
Balance as of end-of-year 1,070 1,741 1,951
Policyholder Liability Discount Rate Remeasurement Gain (Loss)      
Accumulated Other Comprehensive Income (Loss) [Line Items]      
Balance as of beginning-of-year 747 (1,265) 0
Adjustment arising during the year (206) 2,559 751
Income tax benefit (expense) 46 (547) (160)
Balance as of end-of-year 587 747 (1,265)
Foreign Currency Translation Adjustment      
Accumulated Other Comprehensive Income (Loss) [Line Items]      
Balance as of beginning-of-year (34) (14) (12)
Foreign currency translation adjustment arising during the year 8 (20) (2)
Balance as of end-of-year (26) (34) (14)
Funded Status of Employee Benefit Plans      
Accumulated Other Comprehensive Income (Loss) [Line Items]      
Balance as of beginning-of-year (278) (219) (266)
Adjustment arising during the year (13) (74) 56
Income tax benefit (expense) (3) 15 (9)
Balance as of end-of-year $ (294) $ (278) (219)
Cumulative Effect to Retained Earnings | Unrealized Gain (Loss) on Fixed Maturity AFS Securities and Certain      
Accumulated Other Comprehensive Income (Loss) [Line Items]      
Balance as of beginning-of-year     3,584
Cumulative Effect to Retained Earnings | Unrealized Gain (Loss) on Derivative Instruments      
Accumulated Other Comprehensive Income (Loss) [Line Items]      
Balance as of beginning-of-year     25
Cumulative Effect to Retained Earnings | Market Risk Benefit Non-Performance Risk Gain (Loss)      
Accumulated Other Comprehensive Income (Loss) [Line Items]      
Balance as of beginning-of-year     2,874
Cumulative Effect to Retained Earnings | Policyholder Liability Discount Rate Remeasurement Gain (Loss)      
Accumulated Other Comprehensive Income (Loss) [Line Items]      
Balance as of beginning-of-year     $ (1,856)