Balance Sheets - USD ($) $ in Millions		Sep. 30, 2022	Dec. 31, 2021
Investments:
Fixed maturities available-for-sale, at fair value (amortized cost of $2,683 and $2,444) (allowance for credit losses of $0 and $0 )		$ 2,244	$ 2,572
Mortgage loans on real estate (net of allowance for credit losses of $0 and $0)		17	17
Policy loans		250	238
Other equity investments		19	23
Other invested assets		20	19
Total investments		2,550	2,869
Cash and cash equivalents		30	127
Deferred policy acquisition costs		906	637
Amounts due from reinsurers (allowance for credit losses of $0 and $0)		1,096	1,123
Current and deferred income taxes		126	17
Other assets		134	46
Separate Accounts assets		3,017	3,394
Total Assets		7,859	8,213
LIABILITIES
Policyholders’ account balances		3,504	3,504
Future policy benefits and other policyholders' liabilities		641	457
Amounts due to reinsurers		109	117
Other liabilities		204	42
Separate Accounts liabilities		3,017	3,394
Total Liabilities		7,475	7,514
Commitments and contingent liabilities (1)	[1]
EQUITY
Common stock, $1.00 par value; 2,500,000 shares authorized, issued and outstanding		3	3
Additional paid-in capital		783	680
Accumulated deficit		(94)	(70)
Accumulated other comprehensive income (loss)		(308)	86
Total Equity		384	699
Total Liabilities and Equity		$ 7,859	$ 8,213

[1] See Note 10 of the Notes to these Financial Statements for details of commitments and contingent liabilities.