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EQUITY - Changes in AOCI (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Change in net unrealized gains (losses) on investments:    
Net unrealized gains (losses) arising during the period $ (462) $ 1,452
(Gains) losses reclassified into net income (loss) during the period 21 55
Net unrealized gains (losses) on investments (441) 1,507
Adjustments for policyholders’ liabilities, insurance liability loss recognition and other 6 2
Change in unrealized gains (losses), net of adjustments (net of deferred income tax expense (benefit) of $(115) and $317) [1] (435) 1,509
Change in LFPB discount rate and MRB credit risk, net of tax    
Market risk benefits - change in instrument-specific credit risk (net of deferred income tax expense (benefit) of $4 and $248) 17 933
Liability for future policy benefits - change in current discount rate (net of deferred income tax expense (benefit) of $22 and $(29) ) 83 (109)
Change in defined benefit plans:    
Reclassification to Net income (loss) of amortization of net prior service credit included in net periodic cost 1 0
Change in defined benefit plans (net of deferred income tax expense (benefit) of $0 and $0) 1 0
Change in accumulated other comprehensive income (loss) attributable to Equitable Financial (334) 2,333
Deferred income tax expense (benefit) for change in unrealized gains (losses) (115) 317
Deferred income tax expense (benefit) for market risk benefits - change in instrument-specific credit risk 4 248
Deferred income tax expense (benefit) for liability for future policy benefits - change in current discount rate 22 (29)
Deferred income tax expense (benefit) for change in defined benefit plans 0 0
Reclassification adjustment $ (6) $ (15)
[1] See Note 13 of the Notes to these Consolidated Financial Statements for details of change in unrealized gains (losses), net of adjustments.