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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
COMPREHENSIVE INCOME (LOSS)      
Net income (loss) $ 1,191 $ (88) $ (85)
Other comprehensive income (loss), net of income taxes:      
Change in unrealized gains (losses), net of adjustments [1] 196 (480) (95)
Change in market risk benefits - instrument-specific credit risk (513) 1 0
Change in liability for future policy benefits - current discount rate 4 0 0
Other comprehensive income (loss), net of income taxes (313) (479) (95)
Comprehensive income (loss) $ 878 $ (567) $ (180)
[1] See Note 14 of the Notes to these Consolidated Financial Statements for details of change in unrealized gains (losses), net of adjustments.