Statements of Income (Loss) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
REVENUES
Policy charges and fee income	$ 77	$ 78	$ 146	$ 144
Premiums	59	38	108	76
Net derivative gains (losses)	3	(3)	0	(3)
Net investment income (loss)	21	20	41	44
Investment gains (losses), net	(2)	0	(3)	0
Investment management and service fees	6	1	11	2
Other income	1	5	1	6
Total revenues	165	139	304	269
BENEFITS AND OTHER DEDUCTIONS
Policyholders’ benefits	81	54	156	109
Interest credited to policyholders’ account balances	23	25	42	40
Compensation and benefits	9	8	20	18
Commissions	26	17	42	34
Amortization of deferred policy acquisition costs	16	31	35	43
Other operating costs and expenses	22	22	43	42
Total benefits and other deductions	177	157	338	286
Income (loss) from continuing operations, before income taxes	(12)	(18)	(34)	(17)
Income tax (expense) benefit	(1)	4	2	4
Net income (loss)	$ (13)	$ (14)	$ (32)	$ (13)