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Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Statement of Cash Flows [Abstract]      
Net income (loss) $ (86) $ (85) $ (10)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Interest credited to policyholders’ account balances 90 82 90
Policy charges and fee income (229) (204) (261)
Net derivative (gains) losses 31 1 16
Dividend from AB Units 0 5 8
Equity in (income) loss from AB 0 (3) (8)
Investment (gains) losses, net 8 (4) (1)
Non-cash long-term incentive compensation expense 2 (2) 4
Amortization and depreciation 47 40 36
Remeasurement of liability for future policy benefits (1) (17) 0
Change in market risk benefits (15) 0 0
Changes in:      
Reinsurance recoverable (61) (129) (108)
Capitalization of deferred policy acquisition costs (129) (121) (95)
Future policy benefits 33 50 17
Current and deferred income taxes (21) 7 (28)
Other, net (21) (5) (9)
Net cash provided by (used in) operating activities (352) (385) (349)
Proceeds from the sale/maturity/prepayment of:      
Fixed maturities, available-for-sale 274 381 200
Short-term investments (1) 0 0
Other 1 2 0
Payment for the purchase/origination of:      
Fixed maturities, available-for-sale (437) (647) (620)
Other (2) 0 0
Cash settlements related to derivative instruments, net (153) 74 35
Other, net (6) (9) (21)
Net cash provided by (used in) investing activities (324) (199) (406)
Cash flows from financing activities:      
Deposits 739 637 577
Withdrawals (111) (90) (78)
Transfer (to) from Separate Accounts 65 (45) 34
Change in collateralized pledged liabilities 0 0 (11)
Cash contribution from parent company 150 50 285
Other, net 0 (2) 4
Net cash provided by (used in) financing activities 843 550 811
Change in cash and cash equivalents 167 (34) 56
Cash and cash equivalents, beginning of year 127 161 105
Cash and cash equivalents, end of year 294 127 161
Supplemental cash flow information:      
Income taxes (refunded) paid $ 0 $ (31) $ (1)