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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
COMPREHENSIVE INCOME (LOSS)    
Net income (loss) $ (83) $ 62
Other comprehensive income (loss), net of income taxes:    
Change in unrealized gains (losses), net of adjustments [1] (71) 75
Change in market risk benefits - instrument-specific credit risk 48 4
Change in liability for future policy benefits - current discount rate 18 0
Other comprehensive income (loss), net of income taxes (5) 79
Comprehensive income (loss) $ (88) $ 141
[1] See Note 12 of the Notes to these Consolidated Financial Statements for details of change in unrealized gains (losses), net of adjustments.