Deferred Acquisition Costs and Deferred Sales Inducement Costs (Tables)

12 Months Ended

Dec. 31, 2021

Deferred Charges, Insurers [Abstract]

Schedule of balances of and changes in DAC

	2021		2020		2019
	(in millions)
Balance at January 1	$	2,532	$	2,698	$	2,776
Capitalization of acquisition costs	280		228		291
Amortization	(184)		(177)		(165)
Amortization, impact of valuation assumptions review	60		(100)		(14)
Impact of change in net unrealized (gains) losses on securities	94		(117)		(175)
Disposal of business	—		—		(15)
Balance at December 31	$	2,782	$	2,532	$	2,698

Schedule of balances of and changes in DSIC

	2021		2020		2019
	(in millions)
Balance at January 1	$	189	$	218	$	251
Capitalization of sales inducement costs	1		1		1
Amortization	(16)		(13)		(15)
Amortization, impact of valuation assumptions review	2		(16)		—
Impact of change in net unrealized (gains) losses on securities	13		(1)		(19)
Balance at December 31	$	189	$	189	$	218