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Adoption of ASU 2018-12 - Summary of Effect on Previously Reported Consolidated Statements of Comprehensive Income (Details) - USD ($)
$ / shares in Units, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues      
Fee income $ 5,467 $ 5,603 $ 6,039
Realized gain (loss) (4,311) 840 (867)
Total revenues 11,645 18,810 17,715
Expenses      
Benefits 6,138 8,479 8,503
Interest credited 3,248 2,877 2,929
Market risk benefit (gain) loss (2,264) (3,246) (3,753)
Policyholder liability remeasurement (gain) loss (152) 2,766 (183)
Commissions and other expenses 5,339 5,125 5,219
Total expenses 12,793 17,085 13,072
Income (loss) before taxes (1,148) 1,725 4,643
Federal income tax expense (benefit) (396) 367 865
Net income (loss) (752) 1,358 3,778
Unrealized investment gain (loss) 3,715 (18,059) (3,287)
Market risk benefit non-performance risk gain (loss) (671) (210) (923)
Policyholder liability discount rate remeasurement gain (loss) (160) 2,012 591
Other comprehensive income (loss), net of tax 2,876 (16,336) (3,574)
Comprehensive income (loss) $ 2,124 $ (14,978) $ 204
Net Income (Loss) Per Common Share      
Basic (in dollars per share) $ (4.92) $ 7.93 $ 20.17
Diluted (in dollars per share) $ (4.92) $ 7.78 $ 19.96
As Previously Reported      
Revenues      
Fee income   $ 6,054 $ 6,905
Realized gain (loss)   345 414
Total revenues   18,766 19,862
Expenses      
Benefits   12,546 8,529
Interest credited   2,870 2,933
Commissions and other expenses   5,096 5,794
Total expenses   21,596 17,613
Income (loss) before taxes   (2,830) 2,249
Federal income tax expense (benefit)   (589) 362
Net income (loss)   (2,241) 1,887
Unrealized investment gain (loss)   (14,030) (2,535)
Other comprehensive income (loss), net of tax   (14,109) (2,490)
Comprehensive income (loss)   $ (16,350) $ (603)
Net Income (Loss) Per Common Share      
Basic (in dollars per share)   $ (13.11) $ 10.07
Diluted (in dollars per share)   $ (13.19) $ 9.98
Adoption of New Accounting Standard | Accounting Standards Update 2018-12      
Revenues      
Fee income   $ (451) $ (866)
Realized gain (loss)   495 (1,281)
Total revenues   44 (2,147)
Expenses      
Benefits   (4,067) (26)
Interest credited   7 (4)
Market risk benefit (gain) loss   (3,246) (3,753)
Policyholder liability remeasurement (gain) loss   2,766 (183)
Commissions and other expenses   29 (575)
Total expenses   (4,511) (4,541)
Income (loss) before taxes   4,555 2,394
Federal income tax expense (benefit)   956 503
Net income (loss)   3,599 1,891
Unrealized investment gain (loss)   (4,029) (752)
Market risk benefit non-performance risk gain (loss)   (210) (923)
Policyholder liability discount rate remeasurement gain (loss)   2,012 591
Other comprehensive income (loss), net of tax   (2,227) (1,084)
Comprehensive income (loss)   $ 1,372 $ 807
Net Income (Loss) Per Common Share      
Basic (in dollars per share)   $ 21.04 $ 10.10
Diluted (in dollars per share)   $ 20.97 $ 9.98