Policyholder Account Balances, Future Policy Benefits and Claims and Separate Account Liabilities (Tables)

12 Months Ended

Dec. 31, 2021

Policyholder Account Balances, Future Policy Benefits and Claims and Separate Account Liabilities [Abstract]

Schedule of components of policyholder account balances, future policy benefits and claims

	December 31,
	2021		2020
	(in millions)
Policyholder account balances
Fixed annuities(1)	$	8,117	$	8,531
Variable annuity fixed sub-accounts	4,990		5,104
UL/VUL insurance	3,103		3,122
IUL insurance	2,534		2,269
Structured variable annuities	4,440		1,371
Other life insurance	563		605
Total policyholder account balances	23,747		21,002
Future policy benefits
Variable annuity GMWB	2,336		3,049
Variable annuity GMAB(2)	(23)		1
Other annuity liabilities	67		211
Fixed annuity life contingent liabilities	1,278		1,370
Life and DI insurance	1,139		1,187
LTC insurance	5,664		5,722
UL/VUL and other life insurance additional liabilities	1,291		1,259
Total future policy benefits	11,752		12,799
Policy claims and other policyholders’ funds	251		191
Total policyholder account balances, future policy benefits and claims	$	35,750	$	33,992

(1) Includes fixed deferred annuities, non-life contingent fixed payout annuities and fixed deferred indexed annuity host contracts.

(2) Includes the fair value of GMAB embedded derivatives that was a net asset as of December 31, 2021 reported as a contra liability.

Schedule of components of separate account liabilities

	December 31,
	2021		2020
	(in millions)
Variable annuity	$	82,862	$	79,299
VUL insurance	9,343		8,226
Other insurance	33		31
Threadneedle investment liabilities	5,253		5,055
Total	$	97,491	$	92,611