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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Statement of Comprehensive Income [Abstract]      
Net income $ 2,365 $ 1,737 $ 2,085
Other comprehensive income (loss) (“OCI”):      
Change in net unrealized gain on fixed maturities (1,218) 1,150 1,660
Change in unrealized losses on fixed maturities for which an allowance for credit losses ("ACL") has been recorded 0 1 1
Change in net gain on cash flow hedging instruments (6) 3 14
Change in foreign currency translation adjustments (2) 9 4
Change in pension and other postretirement plan adjustments 228 (45) (48)
OCI, net of tax (998) 1,118 1,631
Comprehensive income $ 1,367 $ 2,855 $ 3,716