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REVISION OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS - Statement of Cash Flows (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 9 Months Ended
Mar. 31, 2024
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2023
Sep. 30, 2023
Cash flow from operating activities            
Net income (loss) $ (83) $ 481 $ 51 $ 62 $ 113 $ 594
Policy charges and fee income (404) (411) (410) (61) (471) (882)
Net derivative (gains) losses 1,055 336 699 (6) 693 1,029
Remeasurement of liability for future policy benefits (9) 23 (1) (1) (2) 21
Change in Market Risk Benefits (1,034)     1 (838) (1,830)
Future policy benefits 154     9 222 365
Funds Withheld 18     0 (161) (219)
Current and deferred income taxes (23)     (72) (63)  
Other, net 360     89 455 984
Net cash provided by (used in) operating activities $ 234     (20) 888 452
As Previously 
Reported            
Cash flow from operating activities            
Net income (loss)   516 14 63 77 593
Policy charges and fee income   (410) (411)   (472) (882)
Net derivative (gains) losses   340 700   694 1,034
Remeasurement of liability for future policy benefits   10 1   0 10
Change in Market Risk Benefits       0 (862) (1,842)
Future policy benefits         133 264
Funds Withheld         13 (87)
Current and deferred income taxes         (66)  
Other, net         431 972
Net cash provided by (used in) operating activities       (20) 888 452
Adjustments            
Cash flow from operating activities            
Net income (loss)   (35) 37 (1) 36 1
Policy charges and fee income   (1) 1   1 0
Net derivative (gains) losses   (4) (1)   (1) (5)
Remeasurement of liability for future policy benefits   $ 13 $ (2)   (2) 11
Change in Market Risk Benefits       1 24 12
Future policy benefits         89 101
Funds Withheld         (174) (132)
Current and deferred income taxes         3  
Other, net         24 12
Net cash provided by (used in) operating activities       $ 0 $ 0 $ 0