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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Restricted Assets
The components of the fair value of the restricted assets were as follows as of the dates indicated:
June 30, 2023December 31, 2022
Fixed maturity collateral pledged to FHLB(1)
$1,140 $997 
FHLB restricted stock(2)
36 35 
Other fixed maturities-state deposits11 11 
Cash and cash equivalents
Securities pledged(3)
789 792 
Total restricted assets$1,978 $1,837 
(1) Included in Fixed maturities, available for sale, at fair value on the Condensed Consolidated Balance Sheets.
(2) Included in Other investments on the Condensed Consolidated Balance Sheets.
(3) Includes the fair value of loaned securities of $657 and $690 as of June 30, 2023 and December 31, 2022, respectively. In addition, as of June 30, 2023 and December 31, 2022, the Company delivered securities as collateral of $132 and $102, respectively. Loaned securities and securities delivered as collateral are included in Securities pledged on the Condensed Consolidated Balance Sheets.