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DERIVATIVES - Financial Statement Impact of Derivatives By Category (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) $ 1,508 $ (4,685) $ (1,541)
Net investment income (loss) 3,077 3,483 3,208
Interest Credited To Policyholders Account Balances (1,311) (1,128) (1,118)
Derivatives: designated for hedge accounting | Cash flow hedges:      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (67) (71) (9)
Net investment income (loss) 7    
Interest Credited To Policyholders Account Balances (4) (45) 0
AOCI 230 (82) (87)
Derivatives: not designated for hedge accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (1,896) (3,371) 1,939
Net investment income (loss) 0    
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
Currency swaps | Derivatives: designated for hedge accounting | Cash flow hedges:      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 19 (2) 0
Net investment income (loss) 7    
Interest Credited To Policyholders Account Balances (4) (45) 0
AOCI 24 5 0
Currency swaps | Derivatives: not designated for hedge accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 10 3 (2)
Net investment income (loss) 0    
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
Interest swaps | Derivatives: designated for hedge accounting | Cash flow hedges:      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (86) (69) (9)
Net investment income (loss) 0    
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 206 (87) (87)
Interest swaps | Derivatives: not designated for hedge accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (492) (2,316) 2,832
Net investment income (loss) 0    
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
Futures | Derivatives: not designated for hedge accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 349 (607) (955)
Net investment income (loss) 0    
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
Swaps | Derivatives: not designated for hedge accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 2,626 (3,608) (3,353)
Net investment income (loss) 0    
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
Options | Derivatives: not designated for hedge accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (2,752) 3,883 1,663
Net investment income (loss) 0    
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
Futures | Derivatives: not designated for hedge accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (1,645) (727) 1,745
Net investment income (loss) 0    
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
Credit default swaps | Derivatives: not designated for hedge accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 8 1 0
Net investment income (loss) 0    
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
Amount Due from Reinsurers      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (1,706) 517 0
Net investment income (loss) 0    
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
GMIB reinsurance contracts      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (726) (777) 472
Net investment income (loss) 0    
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
GMxB derivative features liability      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 3,062 2,792 (2,238)
Net investment income (loss) 0    
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
SCS, SIO, MSO and IUL indexed features      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 2,857 (3,760) (1,693)
Net investment income (loss) 0    
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
Total embedded derivatives      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 3,487 (1,228) (3,459)
Net investment income (loss) 0    
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
Total derivatives      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 1,524 (4,670) (1,529)
Net investment income (loss) 7    
Interest Credited To Policyholders Account Balances (4) (45) 0
AOCI 230 (82) (87)
Investment fees $ 16 $ 15 $ 12