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Deferred Acquisition Costs and Deferred Sales Inducement Costs - Deferred Acquisition Costs (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Balances of and changes in DAC      
Beginning balance $ 2,777 [1] $ 2,844  
Amortization (246) (252) [2] $ (259) [2]
Ending balance 2,713 2,777 [1] 2,844
Variable Annuities      
Balances of and changes in DAC      
Beginning balance 1,598 1,696 1,732
Capitalization of acquisition costs 23 38 111
Amortization (125) (136) (147)
Ending balance 1,496 1,598 1,696
Structured Variable Annuities      
Balances of and changes in DAC      
Beginning balance 149 91 26
Capitalization of acquisition costs 83 73 71
Amortization (24) (15) (6)
Ending balance 208 149 91
Fixed Annuities      
Balances of and changes in DAC      
Beginning balance 45 53 61
Capitalization of acquisition costs 0 0 0
Amortization (10) (8) (8)
Ending balance 35 45 53
Fixed Indexed Annuities      
Balances of and changes in DAC      
Beginning balance 6 7 8
Capitalization of acquisition costs 0 0 0
Amortization (1) (1) (1)
Ending balance 5 6 7
Universal Life Insurance      
Balances of and changes in DAC      
Beginning balance 118 125 131
Capitalization of acquisition costs 0 1 3
Amortization (8) (8) (9)
Ending balance 110 118 125
Variable Universal Life Insurance      
Balances of and changes in DAC      
Beginning balance 521 512 505
Capitalization of acquisition costs 57 55 54
Amortization (44) (46) (47)
Ending balance 534 521 512
Indexed Universal Life Insurance      
Balances of and changes in DAC      
Beginning balance 236 248 257
Capitalization of acquisition costs 4 5 9
Amortization (17) (17) (18)
Ending balance 223 236 248
Other Life Insurance      
Balances of and changes in DAC      
Beginning balance 3 3  
Capitalization of acquisition costs 0 0  
Amortization (1) 0  
Ending balance 2 3 3
Life Contingent Payout Annuities      
Balances of and changes in DAC      
Beginning balance 2 1 0
Capitalization of acquisition costs 4 1 1
Amortization 0 0 0
Ending balance 6 2 1
Term and Whole Life Insurance      
Balances of and changes in DAC      
Beginning balance 18 19 19
Capitalization of acquisition costs 1 1 2
Amortization (2) (2) (2)
Ending balance 17 18 19
Disability Income Insurance      
Balances of and changes in DAC      
Beginning balance 79 84 89
Capitalization of acquisition costs 4 4 4
Amortization (8) (9) (9)
Ending balance 75 79 84
Total, All Products      
Balances of and changes in DAC      
Beginning balance 2,775 2,839 2,831
Capitalization of acquisition costs 176 178 255
Amortization (240) (242) (247)
Ending balance 2,711 2,775 2,839
Other broker dealer acquisition costs      
Balances of and changes in DAC      
Beginning balance 2 5  
Ending balance 2 2 5
Other Life Insurance, Netting      
Balances of and changes in DAC      
Beginning balance   3 3
Capitalization of acquisition costs     0
Amortization     0
Ending balance     3
Previously Reported      
Balances of and changes in DAC      
Beginning balance 3,160 2,782  
Ending balance   3,160 2,782
Previously Reported | Variable Annuities      
Balances of and changes in DAC      
Beginning balance     1,690
Previously Reported | Structured Variable Annuities      
Balances of and changes in DAC      
Beginning balance     22
Previously Reported | Fixed Annuities      
Balances of and changes in DAC      
Beginning balance     43
Previously Reported | Fixed Indexed Annuities      
Balances of and changes in DAC      
Beginning balance     7
Previously Reported | Universal Life Insurance      
Balances of and changes in DAC      
Beginning balance     100
Previously Reported | Variable Universal Life Insurance      
Balances of and changes in DAC      
Beginning balance     452
Previously Reported | Indexed Universal Life Insurance      
Balances of and changes in DAC      
Beginning balance     108
Previously Reported | Life Contingent Payout Annuities      
Balances of and changes in DAC      
Beginning balance     0
Previously Reported | Term and Whole Life Insurance      
Balances of and changes in DAC      
Beginning balance     19
Previously Reported | Disability Income Insurance      
Balances of and changes in DAC      
Beginning balance     89
Previously Reported | Total, All Products      
Balances of and changes in DAC      
Beginning balance     2,527
Previously Reported | Other Life Insurance, Netting      
Balances of and changes in DAC      
Beginning balance     (3)
Effect of shadow reserve adjustments      
Balances of and changes in DAC      
Beginning balance $ (383) 62  
Ending balance   $ (383) 62
Effect of shadow reserve adjustments | Variable Annuities      
Balances of and changes in DAC      
Beginning balance     42
Effect of shadow reserve adjustments | Structured Variable Annuities      
Balances of and changes in DAC      
Beginning balance     4
Effect of shadow reserve adjustments | Fixed Annuities      
Balances of and changes in DAC      
Beginning balance     18
Effect of shadow reserve adjustments | Fixed Indexed Annuities      
Balances of and changes in DAC      
Beginning balance     1
Effect of shadow reserve adjustments | Universal Life Insurance      
Balances of and changes in DAC      
Beginning balance     31
Effect of shadow reserve adjustments | Variable Universal Life Insurance      
Balances of and changes in DAC      
Beginning balance     53
Effect of shadow reserve adjustments | Indexed Universal Life Insurance      
Balances of and changes in DAC      
Beginning balance     149
Effect of shadow reserve adjustments | Life Contingent Payout Annuities      
Balances of and changes in DAC      
Beginning balance     0
Effect of shadow reserve adjustments | Term and Whole Life Insurance      
Balances of and changes in DAC      
Beginning balance     0
Effect of shadow reserve adjustments | Disability Income Insurance      
Balances of and changes in DAC      
Beginning balance     0
Effect of shadow reserve adjustments | Total, All Products      
Balances of and changes in DAC      
Beginning balance     304
Effect of shadow reserve adjustments | Other Life Insurance, Netting      
Balances of and changes in DAC      
Beginning balance     $ 6
[1] Certain prior period amounts have been restated. See Note 3 for more information.
[2] Certain prior period amounts have been restated. See Note 3 for more information.