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REVISION OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS - Balance Sheet (Details) - USD ($)
$ in Millions
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Investments:          
Fixed maturities available for sale, at fair value $ 2,244     $ 2,572 $ 2,420
Other equity investments 19     23 25
Total investments 2,550     2,869  
Amounts due from reinsurers 1,096 $ 1,104 $ 1,120 1,123 1,169
Current and deferred income taxes 126 95 60 17 28
Other assets 134 42 55 46 75
Total Assets 7,859 7,697 8,138 8,213 7,284
LIABILITIES          
Future policy benefits and other policyholders' liabilities 641 595 530 457 398
Total Liabilities 7,475 7,318 7,608 7,514 6,503
Equity:          
Common Stock 3 3 3 3  
Additional paid-in capital 783 682 681 680 692
Treasury shares, at cost   0 0    
Accumulated deficit (94) (105) (90) (70) (50)
Accumulated other comprehensive income (loss) (308)     86 136
Total Equity 384 379 530 699 781
Total Liabilities and Equity $ 7,859 7,697 8,138 8,213 7,284
As Previously Reported          
Investments:          
Fixed maturities available for sale, at fair value       2,572 2,445
Other equity investments       23 0
Amounts due from reinsurers   1,101 1,117 1,136 1,186
Current and deferred income taxes   94 58 15 27
Other assets   55 67 57 81
Total Assets   7,706 8,145 8,235 7,306
LIABILITIES          
Future policy benefits and other policyholders' liabilities   592 527 470 415
Total Liabilities   7,315 7,605 7,527 6,520
Equity:          
Common Stock   3 3    
Additional paid-in capital   681 680 679 692
Treasury shares, at cost   0 0    
Accumulated deficit   (92) (79) (60) (47)
Accumulated other comprehensive income (loss)       86 138
Total Equity   391 540 708 786
Total Liabilities and Equity   7,706 8,145 8,235 7,306
Impact of Revisions          
Investments:          
Fixed maturities available for sale, at fair value       0 (25)
Other equity investments       0 25
Amounts due from reinsurers   3 3 (13) (17)
Current and deferred income taxes   1 2 2 1
Other assets   (13) (12) (11) (6)
Total Assets   (9) (7) (22) (22)
LIABILITIES          
Future policy benefits and other policyholders' liabilities   3 3 (13) (17)
Total Liabilities   3 3 (13) (17)
Equity:          
Common Stock   0 0    
Additional paid-in capital   1 1 1 0
Treasury shares, at cost   0 0    
Accumulated deficit   (13) (11) (10) (3)
Accumulated other comprehensive income (loss)       0 (2)
Total Equity   (12) (10) (9) (5)
Total Liabilities and Equity   $ (9) $ (7) $ (22) $ (22)