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REVISION OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS - Income Statement (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
REVENUES                          
Net investment income (loss) $ 22   $ 20 $ 20 $ 20 $ 22   $ 42 $ 63 $ 62 $ 88 $ 86 $ 71
Total revenues 144   139 129 139 128   267 448 396 533 446 396
BENEFITS AND OTHER DEDUCTIONS                          
Compensation and benefits 10     10         30 28 36    
Policyholders’ benefits 59     65         215 174   184 106
Amortization of deferred policy acquisition costs 0     (13)         35 30   31 91
Other operating costs and expenses 22 $ 23 22 27 23 21 $ 45 44 67 71 102 87 101
Total benefits and other deductions 136 178 162 131 158 130 340 288 476 419 560 485 454
Income (loss) from continuing operations, before income taxes 8 (13) (23) (2) (19) (2) (36) (21) (28) (23) (27) (39) (58)
Income tax (expense) benefit from continuing operations 3 (2) 3 1 4 0 1 4 4 6 7 29 13
Net income (loss) from continuing operations   (15) (20)   (15) (2) (35) (17)     (20) (10) (45)
Net income (loss) $ 11 (15) (20) $ (1) (15) (2) (35) (17) $ (24) $ (17) (20) (10) (45)
As Previously Reported                          
REVENUES                          
Net investment income (loss)     20   20 24   44     90 83 71
Total revenues     139   139 130   269     535 443 396
BENEFITS AND OTHER DEDUCTIONS                          
Compensation and benefits                     35    
Policyholders’ benefits                       184 107
Amortization of deferred policy acquisition costs                       31 92
Other operating costs and expenses   22 21   22 20 43 42     96 83 99
Total benefits and other deductions   177 161   157 129 338 286     553 481 454
Income (loss) from continuing operations, before income taxes   (12) (22)   (18) 1 (34) (17)     (18) (38) (58)
Income tax (expense) benefit from continuing operations   (1) 3   4 0 2 4     5 29 13
Net income (loss) from continuing operations   (13) (19)   (14) 1 (32) (13)     (13) (9) (45)
Net income (loss)   (13) (19)   (14) 1 (32) (13)     (13) (9) (45)
Impact of Revisions                          
REVENUES                          
Net investment income (loss)     0   0 (2)   (2)     (2) 3 0
Total revenues     0   0 (2)   (2)     (2) 3 0
BENEFITS AND OTHER DEDUCTIONS                          
Compensation and benefits                     1    
Policyholders’ benefits                       0 (1)
Amortization of deferred policy acquisition costs                       0 (1)
Other operating costs and expenses   1 1   1 1 2 2     6 4 2
Total benefits and other deductions   1 1   1 1 2 2     7 4 0
Income (loss) from continuing operations, before income taxes   (1) (1)   (1) (3) (2) (4)     (9) (1) 0
Income tax (expense) benefit from continuing operations   (1) 0   0 0 (1) 0     2 0 0
Net income (loss) from continuing operations   (2) (1)   (1) (3) (3) (4)     (7) (1) 0
Net income (loss)   $ (2) $ (1)   $ (1) $ (3) $ (3) $ (4)     $ (7) $ (1) $ 0