UNAUDITED INTERIM STATEMENTS OF FINANCIAL POSITION - USD ($)		Jun. 30, 2022	Dec. 31, 2021
Assets
Fixed maturity securities: June 30, 2022 at fair value (1); December 31, 2021, available-for-securities, at fair value (net of $1 allowance for credit losses, amortized cost - $8,556)		$ 7,665,000,000	$ 8,771,000,000
Fixed maturity securities, trading, at fair value (amortized cost: December 31, 2021 - $28)		0	27,000,000
Equity securities, at fair value (cost - June 30, 2022 - $201; December 31, 2021 - $323) (1)	[1]	183,000,000	322,000,000
Secured receivable	[1]	1,555,000,000	0
Commercial mortgage and other loans, (net of $5 allowance for credit losses)		0	1,504,000,000
Short-term investments		43,000,000	875,000,000
Other invested assets (includes $178 and $13 of assets measured at fair value at June 30, 2022 and December 31, 2021, respectively)		273,000,000	106,000,000
Total investments		9,719,000,000	11,605,000,000
Cash and cash equivalents		1,564,000,000	2,016,000,000
Accrued investment income		69,000,000	61,000,000
Reinsurance recoverables		378,000,000	8,108,000,000
Net modified coinsurance receivable, at fair value	[1]	215,000,000	0
Income taxes		124,000,000	909,000,000
Deposit asset, at fair value	[1]	2,158,000,000	2,659,000,000
Other assets		198,000,000	954,000,000
Separate account assets		25,088,000,000	32,267,000,000
Total assets		39,513,000,000	58,579,000,000
Liabilities:
Insurance liabilities, at fair value	[1]	11,257,000,000	0
Future policy benefits		0	4,505,000,000
Policyholders' account balances		0	11,750,000,000
Reinsurance payables		0	7,183,000,000
Other liabilities		1,388,000,000	1,192,000,000
Separate account liabilities		25,088,000,000	32,267,000,000
Total liabilities		37,733,000,000	56,897,000,000
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 10)
EQUITY
Common stock, $100 par value; 25,000 shares authorized, issued and outstanding		3,000,000	3,000,000
Additional paid-in capital		1,763,000,000	592,000,000
Retained (deficit) earnings		(180,000,000)	917,000,000
Accumulated other comprehensive income		194,000,000	170,000,000
Total equity		1,780,000,000	1,682,000,000
TOTAL LIABILITIES AND EQUITY		$ 39,513,000,000	$ 58,579,000,000

[1] As of April 1, 2022 we have elected the fair value option for these financial statement line items. See Note 2 for further discussion.